Samstag, 3. Oktober 2009

Western Iran hawks downplay progress in Geneva

The Depth of Corruption

An Inside Look at How Goldman Sachs Lobbies the Senate

NB: some bad language.

Ron Paul, The Fed Fighter

Millions Spent by Lobbyists to Thwart Health Reform

Truthout: "America's private health care industry has spent hundreds of millions of dollars over the last several months in an attempt to stop President Obama's health care reforms, and specifically to thwart the 'public option' offered as part of the overall plan."

Die 400 reichsten US-Amerikaner verloren 300 Milliarden Dollar

Die Finanzkrise mag die Reichen ärmer machen, aber sie macht die Armen keineswegs reicher.

"Monetäre Konjunkturstimulation muss scheitern"

Obamas Konjunkturprogamm fuße auf falschen theoretischen Grundlagen und sei von vornherein zum Scheitern verurteilt, meint der australische Wirtschaftsprofessor Steven Keens.

IMF warns that banks have yet to reveal half their likely losses

BANKS AROUND the world still have to reveal about half their likely losses resulting from the financial and economic crisis, the International Monetary Fund said yesterday, warning there was still a "significant" risk of another downward lurch in the global recession.

Banks With 20% Unpaid Loans at 18-Year High Amid Recovery Doubt

The number of U.S. lenders that can't collect on at least 20 percent of their loans hit an 18-year high, signaling that more bank failures and losses could slow an economic recovery.

We're broke: time for a new tax

Given the country's fiscal hole, former Fed chair Paul Volcker and many tax experts say there may be a need for a value-added tax.

U.S. Factory Orders Plunge Unexpectedly in August

New orders to U.S. factories fell in August by the largest amount in five months, as American manufacturers struggle to emerge from the recession.

U.S. loses 263,000 jobs in September

The United States lost 263,000 jobs in the month of September and unemployment continued to trend upward to 9.8 percent, according to a new report from the U.S. Department of Labor Bureau of Labor Statistics.

From Information Clearing House

Judge orders partial release of Cheney CIA leak interview

A federal judge has ordered the Justice Department to release notes and summaries of former Vice President Dick Cheney's 2004 interview with Special Prosecutor Pat Fitzgerald in the CIA leak case, but is allowing the deletion of what may be some of the most interesting details in the documents.

From Information Clearing House


Judge's Ruling Means Public May Learn New Details About Cheney's Role in CIA Leak

Jason Leopold, Truthout: "A federal court judge ordered the Justice Department Thursday to release portions of an interview transcript between former Vice President Dick Cheney and the special prosecutor assigned to investigate the leak of covert CIA operative Valerie Plame Wilson and the role Bush administration officials played in her outing six years ago."

Italian Prosecutor Urges Prison for Americans in CIA Case

Prosecutor: Italy kidnapping too grave to cover up:

The kidnapping of a terror suspect is too grave a crime to be covered up just to protect government secrets, a prosecutor declared Wednesday in the trial of 26 Americans and seven Italians charged in the abduction of an Egyptian cleric.

Italian Prosecutor Urges Prison for Americans in CIA Case

An Italian prosecutor has urged a court in Milan to convict and sentence 26 U.S. intelligence operatives to prison terms of up to 13 years for their suspected roles in the 2003 kidnapping of a Muslim cleric.

From Information Clearing House

McChrystal warns Taliban is growing

Delivering what he called an honest assessment of the eight-year-old conflict, McChyrstal said the situation was serious and time was running out.

From Information Clearing House

Unemployment Rate is Highest in 26 Years

By Kevin G. Hall

The nation's unemployment rate ticked up to 9.8 percent in September, its highest level in 26 years, as employers hastened their pace of layoffs, the government reported Friday in a worse-than-expected jobs report that was sure to quash any notion that the economic downturn is over.

The Truth About The Economy

Video Interview

Marc Faber and Nouriel Roubini.


Unemployment Rate Is Highest in 26 Years

Dean Baker, The Center for Economic and Policy Research: "The data in this report indicates that a turnaround in the labor market is not imminent. Continuing losses of jobs and declines in hours, coupled with stagnant or declining real wages, means that workers’ purchasing power is still falling. There are no further tax breaks scheduled to boost demand and state and local governments are cutting back and raising taxes to address budget shortfalls. The immediate future does not look good."

Captured U.S. Soldier Forgotten By Main Stream Media

Pfc. Bowe R. Bergdahl: 94 Days In Captivity

By Tony Evens

Family, friends await news about soldier. Army is tight-lipped about Bowe Bergdahl's status.


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