Montag, 2. März 2009

Worst job losses in 60 years expected

The recession tightened its grip on U.S. businesses and consumers in February, according to economists, who are predicting the largest one-month job loss in almost 60 years.

From Information Clearing House

Many in Afghanistan oppose Obama's troop buildup plans

A group of 50 mostly Pashtun members of parliament recently formed a working group aimed at blocking the arrival of new troops and pushing for a bilateral military agreement between Kabul and Washington, which currently does not exist.

From Information Clearing House

It's Time For The Madness To Stop

By Sheila Samples

Sometimes it's hard to come to grips with the truth -- especially if that truth is about our own country, and is in direct opposition to everything we've been taught since childhood. Patriotism is in our genes, and through the years it has been a national conviction that, if our country needed us, serving in the military to protect our freedom was not only the right thing to do, but the only thing to do.

The World Is A Business


We no longer live in a world of nations and ideologies, Mr. Beale. The world is a college of corporations, inexorably determined by the immutable bye-laws of of business.

President Barack Obama's Fiscal Year 2009 Budget

By Richard C. Cook

You may ask, should we just be "giving away money?" My answer is that if the banks can create trillions of dollars in credit out of thin air for lending, why can't the government create it for the people?

Capitalism in Ruins

Andre Pratte, La Presse: "The capitalists were bad winners. They pushed their system to the extreme, that is to say, to excess. Outrageous risks, gargantuan appetites, crass incompetence and arrogance, brazen frauds have marked the last decade - until the temple's columns collapsed."


Sermon from the Corporate Church

By Peter Chamberlin

The belief, that property is more valuable than human life itself, is the basis of humanity's current problems. Capitalism, the embodiment of this belief, is in its death throes.

Preaching To The Choir?

By Timothy V. Gatto

I really don't want to be around when America gets what is coming to it.

The Imperial Unconscious

Tom Engelhardt,, discusses statements made by Defense Secretary Robert Gates regarding the war in Afghanistan and the imperialistic mindset that has become far too common in the framing of US foreign policy.


Preaching to the choir?

Information Clearinghouse
by Timothy Gatto


Of course you could say that Obama is a million times better than Bush. That’s like saying tuberculosis is better than the Ebola virus. Our society is still on life-support when it comes to being ‘The shining example on the hill’ to other nations that George H.W. Bush tried to portray us as. The only people that don’t realize our entire foreign policy is a sham are the American people. Everyone else on the planet understands that America has become a world class tyrant. Still, our people are fed pabulum for news by the tightly controlled American media, controlled by a few corporate entities, all spouting the same propaganda...

Informant: Thomas L. Knapp

The Santelli Screed Hits Wrong Target on Mortgage Bailout

Dean Baker, Truthout: "Commodity trader Rick Santelli made himself into a national hero of sorts with his televised diatribe about being forced to pay the mortgages of 'losers' who could not afford, or would not pay, the full cost of their mortgage. Santelli apparently hit a chord among those who want to blame deadbeat homeowners for the country's economic woes. At the risk of spoiling a promising artistic and commercial venture, people should know that Mr. Santelli is firing at the wrong target. The big gainers from the latest plan to help homeowners are not 'loser' homeowners, but rather banks and investors, who will earn far more on their loser loans than would otherwise have been possible."

Political Armageddon

Afghan-Border Missile Attack Kills Eight, Pakistan Says

Laura King, The Los Angeles Times: "A missile attack near Pakistan's border with Afghanistan, believed to have been carried out by a US drone aircraft, killed at least eight people Sunday, Pakistani officials said. The strike, the first of its kind since a high-level Pakistani military delegation visited the United States last week, suggested the Obama administration intends to press ahead with a campaign of targeting militants in Pakistan's tribal areas."

Next-up News Nr 854

Army Prepared For Economic Riots On UK Streets

MI5 target activists who could stoke "summer of discontent"

Paul Joseph Watson


Monday, March 2, 2009

The Army is on standby to deal with rioting on UK streets as a result of the economic crisis according to a newspaper report, which states that MI5 is targeting political activists who could help create a “summer of discontent”.


UK: MI5 Alert On Bank Riots

TOP secret contingency plans have been drawn up to counter the threat posed by a "summer of discontent" in Britain.

Factory downturn 'accelerating'

Manufacturers in the UK cut jobs and output at a record pace in February, according to the latest Purchasing Managers' Index (PMI).

From Information Clearing House

Nein heißt Nein! Gegen ein zweites irisches Referendum zum Vertrag von Lissabon

EU-Abstimmung in Irland

„Mit dem EU-Verfassungsvertrag bzw. mit dem nach den gescheiterten Referenden in Frankreich und den Niederlanden im Jahr 2005 kaum veränderten Nachfolger, dem Vertrag von Lissabon, soll der neoliberale, militaristische und antidemokratische Kurs der Europäischen Union weiter beschleunigt werden. Außer in Irland kam es in keinem anderen EU-Land zu einer Befragung der Bevölkerung. Obwohl die irische Bevölkerung den Vertrag mit Mehrheit abgelehnt hatte, soll er nun einfach erneut vorgelegt werden. Die Informationsstelle Militarisierung (IMI) e.V. erklärt sich deshalb solidarisch mit der irischen Nein-Kampagne, die nun mehr denn je unsere Unterstützung benötigt…“ Dokumentation bei Informationsstelle Militarisierung (IMI) e. V. vom 24.02.2009

Aus: LabourNet, 2. März 2009

Profits Before Patient Safety

O2 in Ritz mast appeal

This is Somerset - Clevedon, Somerset, UK

DEFIANT mobile phone giant O2 has launched a formal appeal to build a signal mast on Burnham's Ritz Cinema after it was denied by Sedgemoor District Council ...

Economy will remain in 'shambles'

UK: The 1.3 trillion pound bank job

The furore over Sir Fred Goodwin's massive pension worked as an effective smokescreen for far worse financial news that the Government was happy to keep out of the public eye. David Randall and Margareta Pagano report.

U.S. readies another $30B as AIG debt problems mount

Insurance giant American International Group (AIG) on Sunday moved toward another restructuring of its massive debt, marking a further widening of the historic federal bailout of financial markets.

Mortgage Delinquencies Jump 50 Percent

More U.S. consumers are filing for personal bankruptcy or relying on credit cards as the recession deepens and unemployment rises, a top credit bureau executive told Reuters.

Buffett: Economy will remain in 'shambles'

Profit fell 96 percent, the fifth straight quarterly decline, and Berkshire's net worth tumbled $10.9 billion in the year's final three months.

16 US banks collapse in just two months

With the financial meltdown continuing unabated, US has already seen the collapse of 16 banks in the last two months -- which is more
than one-fourth the total number of failures in the last nine years.

Pension bombs going off

Exploding pension fund shortfalls are blowing billion-dollar holes in the balance sheets of some of the Chicago area's biggest companies, forcing them to make huge contributions to retirement plans at a time when cash flow and credit are already under stress.

Right-Wing 'Tea Party' Movement Was Planned Months Ago by GOP Billionaires

Bloggers reveal how the latest so-called "populist" revolt against the federal government was a pre-planned PR stunt.

Buffett says U.S. Treasury bubble one for the ages

Warren Buffett, whose Berkshire Hathaway Inc (BRKa.N) (BRKb.N) sits on $25.54 billion (17.8 billion pounds) of cash, said worried investors are making a costly mistake by buying up U.S. Treasuries that yield almost nothing.

From Information Clearing House

Iran 'not close' to nuclear weapon: Pentagon's Robert Gates

Iran is not close to having a nuclear weapon, which gives the United States and others time to try to persuade Tehran to abandon its suspected atomic arms program, U.S. Defense Secretary Robert Gates said on Sunday.

From Information Clearing House

US deaths spike in Afghanistan

2 months into 2009, US deaths spike in Afghanistan

U.S. deaths in Afghanistan increased threefold during the first two months of 2009 compared with the same period last year, after thousands more troops deployed and commanders ramped up winter operations against an increasingly violent insurgency.

From Information Clearing House

UK ministers refuse to appear before Human Rights panel

Foreign Secretary David Miliband and Home Secretary Jacqui Smith have both refused to appear before Parliament's human rights committee to answer questions about allegations of British collusion in the torture of British citizens and residents detained during counter-terrorism operations in Pakistan.

'There was no Cabinet debate in run-up to war,' says Short as Government refuses to release minutes

Details surrounding two crucial meetings on the eve of the conflict were laid bare for the first time yesterday when former Cabinet Minister Clare Short, who was present at both, gave a full account of what happened.

From Information Clearing House

Senator Whitehouse Prepares the Nation for Torture Horrors

By Buhdydharma

Senator Whitehouse is on both the Intelligence Committee and the Judiciary Committee. Thus he perhaps more than anyone else has access to ALL of the available information on the Bush Torture Network. Including the remaining pictures and videotapes from Abu Ghraib that were concealed from the public view.

Who Will Rescue Us?

No One Seems To Know Or Be Willing To Say How Bad Things Are

By Danny Schechter

Does anyone even know how bad the economy is, or how much worse it will get?

A Banana Republic By 2012?

Change for the Worse

By Paul Craig Roberts

President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government's budget consists of red ink.

AIG near deal on new terms of U.S. bailout

Informant: Thomas L. Knapp


Jim Rogers: Let AIG Go Bankrupt, Not America

American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.

AIG: Billions Dished Out in the Dark

By Robert Scheer

This is crazy! Forget the bleating of Rush Limbaugh; the problem is not with the quite reasonable and, if anything, underfunded stimulus package, which in any case will be debated long and hard in Congress. The problem is with what is not being debated: the far more expensive Wall Street bailout that is being pushed through--as in the case of the latest AIG rescue--in secret, hurried deal-making primarily by the unelected secretary of the treasury and the chairman of the Federal Reserve.

From Information Clearing House


The AIG Bomb

Francois Vidal, Les Echos: "Tick-tock, tick-tock. In spite of the efforts of Washington's pyrotechnicians, the AIG bomb is still live."

Financial Pigs at the Government’s Trough

Foreclosure Scandal

Nationalization in a Time of Monopoly

The Denationalisation of Money

The Silence of the Liberals

The Imperial Unconscious

Afghan War Should Last Until 2025: Ex-Commander

Informant: Kev Hall


Owning disaster

Informant: Thomas L. Knapp


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