Samstag, 25. Juli 2009

A Spike in Homeless Families

The Christian Science Monitor: "The recession is changing the makeup of homelessness in America to include more families and more people in suburbs and rural areas. Private and public services for the homeless – concentrated on individuals and in urban areas – must now quickly adjust."

http://www.truthout.org/072509G?n



http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=homeless

Schneller in der Hartz IV Falle

Potsdam. Im Bundesland Brandenburg ist die Wirtschafts- und Finanzkrise am Arbeitsmarkt deutlich zu spüren. Etwa ein Viertel der gerade arbeitslos gewordenen Bürger rutscht sofort in die sog. Hartz IV Falle, wie Christian Görke, der arbeitsmarktpolitische Sprecher der Fraktion "Die Linke" im Brandenburger Landtag, zu berichten weiß.

Lesen Sie weiter:
http://www.gegen-hartz.de/nachrichtenueberhartziv/schneller-in-der-hartz-iv-falle2211.php



DGB Studie: Für viele Leiharbeiter bedeutet der Verlust des Arbeitsplatzes das direkte Abrutschen in den Hartz IV Bezug

Laut einer aktuellen DGB Studie rutschen viele Zeitarbeitnehmer nach dem Jobverlust direkt in den Arbeitslosengeld II (Hartz IV) Bezug. Rund 405.000 Menschen sind in NRW bereits im 1. Halbjahr 2009 aus einer Berufstätigkeit heraus arbeitslos geworden. Fast 30 Prozent davon waren nach Berechnungen des Deutschen Gewerkschaftsbundes (DGB) direkt auf Hartz IV angewiesen, weil sie u.a. bei einer Leiharbeitirma beschäftigt waren.

Weiter:
http://www.gegen-hartz.de/nachrichtenueberhartziv/von-der-zeitarbeit-direkt-in-die-hartz-iv-falle3311.php



Skandal der Woche: Hausbesuche und Kontrolle durch nicht-öffentliche Stellen in Offenbach: Jobcenter Offenbach erhöht mit Pilotprojekt Druck auf ALG II Bezieher

In Offenbach wird ein Pilotprojekt gestartet mit dem Ziel, ALG II- Bezieher weiter unter Druck zu setzen. Voraussetzung für einen Leistungsbezug ist eine verpflichtende Teilnahme an dem am 10.08.2009 beginnenden Projekt über zwei Monate, viermal die Woche für jeweils vier Stunden teilzunehmen. Die Anwesenheit ist Pflicht, sonst gibt es kein Geld. Lesen Sie weiter:

http://www.gegen-hartz.de/nachrichtenueberhartziv/hartz-iv-hausbesuche-kontrollen-private22109.php



Hartz IV und der Tod: Mahnwache in Troisdorf

Vor einem Jahr wählte ein Mitstreiter des Erwerbslosenforum Wombel den Freitod. Wenngleich Hartz IV nicht ausschließlich für seinen, selbst gewählten Tod verantwortlich ist, so waren es die Sanktionspraktiken bis auf Null, der berühmte Tropfen, der das Fass überlaufen ließ. Hartz IV interessiert sich nicht dafür, was aus den so würdelos gemachten Menschen wird. Der Tod scheint billigend in Kauf genommen zu werden, um „Fälle“ zu den Akten legen zu können. Die Mahnwache findet am 27. Juli statt.

http://www.gegen-hartz.de/nachrichtenueberhartziv/hartz-iv-und-der-tod-mahnwache-in-troisdorf3112.php



http://freepage.twoday.net/search?q=Finanzkrise
http://freepage.twoday.net/search?q=Hartz+IV
http://freepage.twoday.net/search?q=ALG+II
http://freepage.twoday.net/search?q=Leiharbeit
http://freepage.twoday.net/search?q=Hausbesuch

Liquidity is gone

http://www.brasschecktv.com/page/671.html



http://freepage.twoday.net/search?q=liquidity

The Great Tax Con Job

Thom Hartmann, OpEdNews.com: "A very small niche of America's uber-wealthy have pulled off what may well be the biggest con job in the history of our republic, and they did it in a startlingly brief 30 or so years. True, they spent over three billion dollars to make it happen, but the reward to them was in the hundreds of billions - and will continue to be."

http://www.truthout.org/072509Z?n



http://freepage.twoday.net/search?q=tax+con+job
http://freepage.twoday.net/search?q=Thom+Hartmann

New US weekly jobless claims jump

The Labor Department said first-time claims for unemployment insurance benefits rose to a seasonally adjusted 554,000 in the week ended July 18

http://rawstory.com/08/afp/2009/07/23/new-us-weekly-jobless-claims-jump/



New jobless claims rise unexpectedly

The Labor Department says the number of first-time jobless claims rose to a seasonally adjusted 576,000 last week, from a revised figure of 561,000. Wall Street economists expected a drop to 550,000, according to a survey by Thomson Reuters.

http://snipurl.com/qlfca



Morgan Stanley sets aside 72% of revenue to pay bonuses

The US bank's latest results show it is allocating $3.9bn (£2.36bn) for paying out to staff, 72% of its net revenues.

http://www.guardian.co.uk/business/2009/jul/22/morgan-stanley-to-pay-big-bonuses


From Information Clearing House



http://freepage.twoday.net/search?q=jobless
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=bonus
http://freepage.twoday.net/search?q=Morgan+Stanley

US Escalates War Plans In Latin America

On June 29 US President Barack Obama hosted his Colombian counterpart Alvaro Uribe at the White House and weeks later it was announced that the Pentagon plans to deploy troops to five air and naval bases in Colombia, the largest recipient of American military assistance in Latin America and the third largest in the world, having received over $5 billion from the Pentagon since the launching of Plan Colombia nine years ago.

http://www.globalresearch.ca/index.php?context=va&aid=14503



Ex-Envoy Warns Against US Plan for Guam

A FORMER U.S. diplomat turned peace activist advised Guam residents to be wary of the American government's military buildup plan for the island.

http://snipurl.com/nw2uv



The Conservative Counter-Attack in Latin America

By MIGUEL TINKER SALAS

Coup leaders in Honduras and their allies continue to play for time. Washington's continuing vacillation is allowing them to exhaust this option, but so are right-wing governments in Colombia, Mexico, Panama and Peru. After all, this coup is not just about Honduras but also about left success in Latin America, of which Honduras was the weakest link.

http://informationclearinghouse.info/article23222.htm



Mr. President: Don't Make Colombia Another Afghanistan

The Obama administration should reconsider its decision to escalate U.S. involvement in Colombia's long-running civil war.

http://www.progressive.org/mpballve080909.html


From Information Clearing House

--------

More of the Same in Latin America
http://www.commondreams.org/view/2009/08/11-9

Makeover to Turn Guam Into Key US Fortress
http://www.commondreams.org/headline/2010/01/12



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Alvaro+Uribe
http://freepage.twoday.net/search?q=Latin+America
http://freepage.twoday.net/search?q=Honduras
http://freepage.twoday.net/search?q=Colombia
http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=MIGUEL+TINKER+SALAS
http://freepage.twoday.net/search?q=Mark+Weisbrot
http://freepage.twoday.net/search?q=Dario+Agnote

Rising Casualties Raise Doubts Abroad on War

Afghan MP Calls For Anti-war Movement to Demonstrations Against Occupation Of Afghanistan

Report by Feyzi Ismail

Malalai Joya has been called one of the bravest women in Afghanistan. She told the 300-strong audience that she's survived five assassination attempts and is still not safe with personal security guards or by wearing a burkha to cover her identity.

http://informationclearinghouse.info/article23133.htm



Rising Casualties Raise Doubts Abroad on War

By ELAINE GANLEY and MATT MOORE

Pressure from the public and opposition politicians is growing as soldiers' bodies return home, and a poll released Thursday shows majorities in Britain, Germany and Canada oppose increasing their own troop levels in Afghanistan.

http://informationclearinghouse.info/article23131.htm



Majority in US Oppose Both Wars

By The Associated Press

A majority of Americans oppose both the war in Afghanistan and the war in Iraq, though the war in Afghanistan is a little more popular.

http://informationclearinghouse.info/article23130.htm



Ex-SAS commander accuses the Government of lying over Afghanistan

Turning to the Government, the former special forces commander said: "I just don't think they're being honest. I don't think they're being honest with themselves, with the Armed Forces or with the public."

http://www.timesonline.co.uk/tol/news/uk/article6725388.ece



Poll: Growing number think country on 'wrong track'

A new AP/GFK poll found that 54 percent of Americans think the country is on the "wrong track." That's up from previous surveys.

http://blog.seattlepi.com/seattlepolitics/archives/174326.asp?from=blog_last3



From Information Clearing House



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=casualties
http://freepage.twoday.net/search?q=Feyzi+Ismail
http://freepage.twoday.net/search?q=ELAINE+GANLEY
http://freepage.twoday.net/search?q=MATT+MOORE

House Hears Government Testimony On Unconstitutional Military Commissions

Government Seeks To Continue Detaining Mohammed Jawad At Guantánamo Despite Lack Of Evidence
http://www.commondreams.org/newswire/2009/07/24-10

House Hears Government Testimony On Unconstitutional Military Commissions
http://www.commondreams.org/newswire/2009/07/24-1



http://freepage.twoday.net/search?q=military+commissions
http://freepage.twoday.net/search?q=ACLU
http://freepage.twoday.net/search?q=Guantanamo
http://freepage.twoday.net/search?q=Mohammed+Jawad
http://freepage.twoday.net/search?q=detainee
http://freepage.twoday.net/search?q=torture

So Many Wars Bringing Us Promises, Leaving Us Poor

K'Naan: So Many Wars, Settling Scores... Bringing Us Promises, Leaving Us Poor
http://www.commondreams.org/video/2009/07/24-0

New Rule: Not Everything in America Has to Make a Profit
http://www.commondreams.org/view/2009/07/24-8



http://freepage.twoday.net/search?q=Bill+Maher

Maliki Hints at US Troop Presence Beyond 2011

http://www.commondreams.org/headline/2009/07/24



http://freepage.twoday.net/search?q=al-Maliki
http://freepage.twoday.net/search?q=Iraq+withdraw

Feingold: White House is Whistling Past Afghan Graveyard

http://www.commondreams.org/headline/2009/07/24-10



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Feingold
http://freepage.twoday.net/search?q=Jeremy+Scahill

Protest Obama's condoning of violence against children

http://www.ufppc.org/content/view/8866/


Informant: jensenmk

From ufpj-news



http://freepage.twoday.net/search?q=Obama

Licensed To Kill

http://www.lewrockwell.com/spl/licensed-to-kill.html



http://freepage.twoday.net/search?q=assassin

Politicizing Crime

http://www.lewrockwell.com/orig9/coleman4.1.1.html



http://freepage.twoday.net/search?q=Transportation+Security+Administration
http://freepage.twoday.net/search?q=/coleman

States Rights vs. Obama

http://www.lewrockwell.com/spl/states-rights-vs-obama.html



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=states+rights
http://freepage.twoday.net/search?q=Dave+Montgomery

Is the US Economy Close to Hitting Bottom?

http://www.lewrockwell.com/shostak/shostak11.1.html



http://freepage.twoday.net/search?q=US+economy
http://freepage.twoday.net/search?q=Frank+Shostak
http://freepage.twoday.net/search?q=/shostak

The First Worldwide Bubble in Everything

http://www.lewrockwell.com/faber/faber13.1.html

No Exit for Bernanke
http://www.lewrockwell.com/schiff/schiff37.1.html



http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=bubble
http://freepage.twoday.net/search?q=Marc+Faber
http://freepage.twoday.net/search?q=/faber
http://freepage.twoday.net/search?q=Peter+Schiff
http://freepage.twoday.net/search?q=/schiff

Ron Paul on Obamacare

http://www.lewrockwell.com/paul/paul563.html

--------

Blue Dog and the Blue Blood Flu
http://www.commondreams.org/view/2009/07/24-7

--------

1-Percenters Launch Attack On Health Care

By David Sirota

Here's a truism: The wealthiest 1 percent have never had it so good. According to government figures, 1-percenters' share of America's total income is the highest it has been since 1929, and their tax rates are the lowest they've faced in two decades. Through bonuses, many 1-percenters will profit from the $23 trillion in bailout largesse the Treasury Department now says could be headed to financial firms.

http://informationclearinghouse.info/article23134.htm



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Obamacare
http://freepage.twoday.net/search?q=healthcare
http://freepage.twoday.net/search?q=bonus
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=Ron+Paul
http://freepage.twoday.net/search?q=com/paul
http://freepage.twoday.net/search?q=Ted+Roelofs
http://freepage.twoday.net/search?q=Donna+Smith
http://freepage.twoday.net/search?q=David+Sirota

Mass Layoffs: The Continuing Devastation

http://www.lewrockwell.com/north/north738.html



http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=com/north

Scientists Say Wireless Electricity Chargers Only "One Year Away"

ITProPortal Witricity uses the "resonance of low frequency electromagnetic waves", which according to our uneducated guess, would make it something similar to ...

http://www.itproportal.com/portal/news/article/2009/7/24/scientists-say-wireless-electricity-chargers-only-one-year-away/

Air Force Report Envisions a Broader Use of Drones

by Christopher Drew

Small remotely piloted planes are now used mainly to gather intelligence and fire missiles at insurgents. But over the next several decades, the Air Force envisions building larger ones that could do the work of bombers and cargo planes and even tiny ones that could spy inside a room...

http://www.commondreams.org/headline/2009/07/24-1


Informant: Kev Hall

--------

Keeping Track of the Empire's Crimes

By William Blum

We already know that the United States has been assassinating non-believers, or suspected non-believers, with regularity, and impunity, in recent years, using unmanned planes (drones) firing missiles, in Yemen, Afghanistan, Pakistan, and Somalia, if not elsewhere. - These murders apparently don't qualify as "assassinations", for somehow killing "terrorists" from 2000 feet is morally and legally superior to doing so from two feet away.

http://informationclearinghouse.info/article23202.htm



http://freepage.twoday.net/search?q=empire
http://freepage.twoday.net/search?q=drone
http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Pakistan
http://freepage.twoday.net/search?q=Somalia
http://freepage.twoday.net/search?q=assassin
http://freepage.twoday.net/search?q=William+Blum

Next-up News Nr 1039

- Anne EHS : Évaluation personnelle et ressenti séjour test Zone Refuge
http://www.next-up.org/Newsoftheworld/EHS.php#1

Webster Tarpley : "The War on terror is a myth"

Voltaire Network - Saint-Denis, France

... which emerged just after a group of activists of which I was a part had issued the Kennebunkport Warning, pointing out that Cheney was in the process of ...

http://www.voltairenet.org/article161170.html



http://freepage.twoday.net/search?q=Cheney
http://freepage.twoday.net/search?q=Global+War+on+Terror
http://freepage.twoday.net/search?q=false+flag+operation
http://freepage.twoday.net/search?q=Kennebunkport
http://freepage.twoday.net/search?q=Webster+Tarpley

Freitag, 24. Juli 2009

12,000 U.S. Children To Be Swine Flu Vaccine Guinea Pigs

Kids to receive untested shots which include ingredient linked to Gulf War Syndrome

Paul Joseph Watson
Prison Planet.com
Friday, July 24, 2009

Around 12,000 U.S. children will be used as guinea pigs for an experimental swine flu vaccine known to contain the dangerous ingredient squalene, which has been directly linked with cases of Gulf War Syndrome and a host of other debilitating diseases.

http://www.prisonplanet.com/12000-u-s-children-to-be-swine-flu-vaccine-guinea-pigs.html



http://freepage.twoday.net/search?q=swine+flu
http://freepage.twoday.net/search?q=vaccin
http://freepage.twoday.net/search?q=Gulf+War+Syndrome

The Wall Street Rally: Watch Your Wallets

Robert Reich, Robert Reich's Blog: "What's pushing the stock market upward? Mainly, unexpectedly positive second-quarter corporate profits. But those profits aren't being powered by consumers who have suddenly found themselves with a lot more money in their pockets."

http://www.truthout.org/072409D?n



Dude, Where's My Industrial Policy?

Dave Johnson, The Campaign for America's Future: "Increasingly people are asking about our country's plan for restoring and reinventing the economy. And that means thinking about manufacturing - the root of economic power. How will we revive American manufacturing and being back the good-paying jobs manufacturing creates?"

http://www.truthout.org/072409E?n



http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=industrial+policy
http://freepage.twoday.net/search?q=Robert+Reich+Blog
http://freepage.twoday.net/search?q=Dave+Johnson

Facing the American World We Created

Tom Engelhardt, TomDispatch.com: "We've just passed through the CIA assassination flap, already fading from the news after less than two weeks of media attention. Broken in several major newspapers, here's how the story goes: the Agency, evidently under Vice President Dick Cheney's orders, didn't inform Congress that, to assassinate al-Qaeda leaders, it was trying to develop and deploy global death squads. (Of course, just about no one is going to call them that, but the description fits.) Congress is now in high dudgeon. The CIA didn't keep that body's 'Gang of Eight' informed. A House investigation is now underway."

http://www.truthout.org/072309U?n



http://freepage.twoday.net/search?q=Cheney
http://freepage.twoday.net/search?q=al-Qaeda
http://freepage.twoday.net/search?q=assassin
http://freepage.twoday.net/search?q=death+squad
http://freepage.twoday.net/search?q=Tom+Engelhardt

Inside Bush and Cheney's Final Days

Massimo Calabresi and Michael Weisskopf, Time Magazine: "Hours before they were to leave office after eight troubled years, George W. Bush and Richard B. Cheney had one final and painful piece of business to conclude. For over a month, Cheney had been pleading, cajoling, even pestering Bush to pardon the vice president's former chief of staff, I. Lewis (Scooter) Libby. Libby had been convicted nearly two years earlier of obstructing an investigation into the leak of a covert CIA officer's identity by senior White House officials. The Libby pardon, aides reported, had become something of a crusade for Cheney, who seemed prepared to push his nine-year-old relationship with Bush to the breaking point - and perhaps past it - over the fate of his former aide. 'We don't want to leave anyone on the battlefield,' Cheney argued."

http://www.truthout.org/072309S?n



http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=Cheney
http://freepage.twoday.net/search?q=Lewis+Libby
http://freepage.twoday.net/search?q=Valerie+Plame
http://freepage.twoday.net/search?q=Massimo+Calabresi
http://freepage.twoday.net/search?q=Michael+Weisskopf

You can’t print production and prosperity

Ludwig von Mises Institute
by Doug French

07/23/09

It’s hard to imagine that the monetary policy talk can get any nuttier, but we’ve likely only just begun. After all, despite the Federal Reserve growing its balance sheet by 140 percent and dropping rates essentially to zero, the bankruptcies just keep on coming. Ex-Fed governor Wayne Angell told Larry Kudlow’s CNBC audience, ‘monetary policy always works!’ Although Angell does stipulate that it takes time before the tromping on the monetary gas pedal will spin the economic tires and spray the prosperity gravel...

http://mises.org/story/3563


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=monetary+policy
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=bankruptcies
http://freepage.twoday.net/search?q=Larry+Kudlow
http://freepage.twoday.net/search?q=Doug+French

Obama utopia built on empty promises

Intellectual Conservative
by Christopher Adamo

07/23/09

As the ‘healthcare’ debate reaches its contrived crescendo, Barack Obama is proving to be the perfect con man. In every instance, he tells adoring crowds and media sycophants what they want to hear, often contradicting last week’s statements with this week’s damage control sound bite. And considering that his poll numbers have remained above single digits, it must be conceded that to some extent the ploy is working. Nevertheless, over time Obama’s vision for America has materialized. It is an ugly picture. Fantastic promises of lavish government provisions for every citizen (and non-citizen) eventually reveal themselves to be a well-crafted veneer overlaying bureaucratic nightmares from which no law-abiding citizen can hope to escape...

http://tinyurl.com/nmzwv7


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=healthcare
http://freepage.twoday.net/search?q=Christopher+Adamo

How robot drones revolutionized the face of warfare

CNN

07/23/09

Barely an hour’s drive from the casinos of Las Vegas, a group of unassuming buildings have become as important as the trenches were to WWI. The big difference? Today’s warriors are fighting without getting in harm’s way, using drones to attack targets in Afghanistan and Pakistan. U.S. Air Force fighter pilot Major Morgan Andrews is one such combatant. He kisses his wife goodbye, drives to Creech, a tiny desert air force base in Nevada, and within minutes could be killing insurgents on the other side of the world...

http://tinyurl.com/nsedmy


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Pakistan
http://freepage.twoday.net/search?q=drone
http://freepage.twoday.net/search?q=civilian+deaths

Ron Paul: End wars to fund health care

Raw Story

07/22/09

House Rep. Ron Paul may be America’s most famous libertarian these days, but he’s making a surprising concession to progressives when it comes to the debate about public health care. Though the house representative from the 14th District of Texas still insists that government should get out of the healthcare trade altogether, he told CNN’s Kiran Chetry on Wednesday that “you don’t want to cut under these [economic] conditions medical care from poor people who have been dependent, or the elderly. ‘Even though I have my ideal system I would like to see, with the government out completely — because that would be a much better system — that’s not going to happen. I’m realistic’...

http://tinyurl.com/nbel2z


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=healthcare
http://freepage.twoday.net/search?q=Ron+Paul

The American Revolution Revisited

by Pastor Chuck Baldwin

The time has come in America where to be free necessarily means to resist status quo and federal usurpation and to actively change the course and philosophy being shoved down our throats. There really is no middle ground any more. This is not a matter of politics anymore. This is not a matter of Republican and Democrat. This is a matter of FREEDOM, as much so as were the matters of 1775 and 1776. It is staring you in the face, daring you to make a move.........

http://www.newswithviews.com/baldwin/baldwin524.htm



http://freepage.twoday.net/search?q=com/baldwin

Verfassungswidrig, aber ohne Konsequenz

Obwohl die Bundesregierung mit ihrer rigiden Informationspolitik im BND-Untersuchungsausschuss gegen das Grundgesetz verstoßen hat, wird das Verfahren nicht wieder aufgerollt.

http://www.heise.de/tp/blogs/8/142493



http://freepage.twoday.net/search?q=Untersuchungsausschuss

What Would Asia Do Without America?

http://www.lewrockwell.com/snyder-joshua/snyder-joshua20.1.html



http://freepage.twoday.net/search?q=Hillary
http://freepage.twoday.net/search?q=/snyder

The Record of the Federal Reserve

The FED: No Exit
http://www.lewrockwell.com/rozeff/rozeff303.html

The Record of the Federal Reserve
http://www.lewrockwell.com/orig10/voorhees1.1.1.html

Obstructing and Manipulating
http://www.lewrockwell.com/sardi/sardi113.html

--------

Investors, economists, and policy makers blind to the mountain of malinvestments

Liberty & Power
by Robert Higgs

07/23/09

During the past year, [Ben Bernanke] has taken the lead in flooding the financial system with an unprecedented amount of newly created central-bank credit — more than a trillion dollars of new Fed credit has been advanced since mid-September 2008, more than doubling the total amount outstanding. Thus, Bernanke has shown himself to be the greatest inflationist of modern times in the advanced economies. Because the commercial banks have added almost all of the newly created base money to their reserve accounts at the Fed, rather than using it to make new loans and investments, the effect on the money supply and hence on the price level has been muted so far. Bernanke clearly supposes that he has been heroically fending off the greatest threat to the world economy he can imagine — the dreaded deflation of the price level for currently produced goods and services, a phenomenon associated in his mind with the horrors of the Great Contraction of 1929-33...

http://hnn.us/blogs/entries/105468.html



Is Bernanke wise enough to exit?

TCS Daily
by Larry Kudlow

07/22/09

Fed head Ben Bernanke went before Congress this week with his midyear update on monetary policy and the economy. In so many words, the former Princeton economics professor is taking credit for averting the collapse of our financial system; is cautiously optimistic about economic recovery by year-end and 2 to 3 percent growth in 2010; and says he has the tools and wisdom for a carefully crafted liquidity-exit strategy that will prevent future inflation and more asset bubbles. Do we believe him? Is he credible? Or is this a triumph of hope over experience?

http://www.tcsdaily.com/article.aspx?id=072309A



Bernanke must go

Cato Institute
by Mark A. Calabria

07/23/09

If his hearings this week before the House and Senate made one thing clear, it is that Fed chairman Ben Bernanke has lost the confidence of Congress, and likely also that of the American public. Were Bernanke’s only problem a loss of congressional confidence, he could overcome it. However, the erosion of public trust in the Fed has been the result of a long string of policy failures, which have overshadowed the few successes...

http://www.cato.org/pub_display.php?pub_id=10376


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=financial+system
http://freepage.twoday.net/search?q=monetary+policy
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http://freepage.twoday.net/search?q=Mark+A.+Calabria
http://freepage.twoday.net/search?q=com/sardi

Spending Money to Make Ends Meet

http://www.lewrockwell.com/daughty/mogambo19.1.html



http://freepage.twoday.net/search?q=Richard+Daughty
http://freepage.twoday.net/search?q=mogambo

School of Coups

http://www.commondreams.org/view/2009/07/23-3



http://freepage.twoday.net/search?q=School+of+Americas
http://freepage.twoday.net/search?q=Roy+Bourgeois
http://freepage.twoday.net/search?q=Margaret+Knapke

US Lurching from One Quagmire to Another

http://www.commondreams.org/view/2009/07/23



http://freepage.twoday.net/search?q=quagmire
http://freepage.twoday.net/search?q=John+Buell

Blackwater Seeks Gag Order

http://www.commondreams.org/view/2009/07/23-2



http://freepage.twoday.net/search?q=Blackwater
http://freepage.twoday.net/search?q=Jeremy+Scahill

Biden: Afghan War Is 'Worth the Effort'

http://www.commondreams.org/headline/2009/07/23-0



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Joe+Biden

Birmingham planners defy government to block mobile phone mast application

Jul 24 2009 by Paul Dale, Birmingham Post

Birmingham planners have voted to defy government regulations by refusing permission for a 30ft-high mobile phone mast next to a nursery school.

City councillors were concerned about the impact on the health of children and did not believe that applicants Orange had looked for a better site.

Read More...
http://tinyurl.com/lhcn2q



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