World-News

California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong?

http://www.guardian.co.uk/world/2009/oct/04/california-failing-state-debt



World Bank could run out of money 'within 12 months'

"By the middle of next year we will face serious constraints," said its president Robert Zoellick, as he launched a major campaign to persuade rich nations to pour more money into the Washington-based institution.

http://snipurl.com/sbjl5



Three Banks Closed Oct. 2

Latest Tally:112 Failed Banks, Credit Unions in 2009.
http://www.bankinfosecurity.com/articles.php?art_id=1833



Personal bankruptcies up 41 percent

Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.

http://www.msnbc.msn.com/id/33143632/ns/business-personal_finance/



U.S. Unemployment Now Lasts Longer Than Benefits: Chart of Day

For the first time, the average amount of time it takes fired employees to find a new job exceeds the length of their standard unemployment benefits.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ajY2EJWqg3ZE



US unemployed despair as benefits run out

Americans value self-sufficiency and are generally suspicious of what they call "big government". But the worst recession in 50 years has knocked many back on their heels.

http://news.bbc.co.uk/2/hi/business/8286428.stm


From Information Clearing House



http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=World+Bank
http://freepage.twoday.net/search?q=Robert+Zoellick
http://freepage.twoday.net/search?q=failed+bank
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=consumer+bankruptcies
http://freepage.twoday.net/search?q=housing

The US sold the Shah of Iran's government a 5-megawatt, light-water type research reactor. This small dome-shaped structure, located in the Tehran suburbs, was the foundation of Iran's nuclear program. It remains at the center of the controversy over Iranian intentions, even today.

http://www.csmonitor.com/2009/1002/p04s01-usfp.html


From Information Clearing House



http://freepage.twoday.net/topics/Is+Iran+next/

The suicide note apologising to his family and blaming his time in Afghanistan was found at the scene in Croydon, South London. Dylan's death comes as the Sunday Mirror can reveal that 67 servicemen have committed suicide in the last six years after returning from Iraq and Afghanistan.

http://www.mirror.co.uk/news/top-stories/2009/10/04/suicide-of-a-hero-115875-21720839/


From Information Clearing House



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=army+suicide

Chris Adams, McClatchy Newspapers: "The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of the very companies that judges or regulators have cited in recent years for abusive mortgage practices. The firms, called mortgage servicers, have been cited for badgering, manipulating or lying to their customers; sticking them with bogus fees, or improperly foreclosing on them. Mortgage servicers are the middlemen between homeowners and the investors that hold their mortgages, collecting homeowners' checks and disbursing payments for the mortgages, property tax and insurance. They're a necessary player for any modification.

http://www.truthout.org/100409G



http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=Chris+Adams

Marc Faber No Revival in US

Video Interview

Click to view
http://www.informationclearinghouse.info/article23628.htm



Wish You Were Dead?

By ABC News

Michael Moore's Expose of 'Dead Peasant' Insurance Policies Too Shocking Even for Good Morning America to Ignore.

http://www.informationclearinghouse.info/article23626.htm



The Population Myth

By George Monbiot

People who claim that population growth is the big environmental issue are shifting the blame from the rich to the poor.

http://www.informationclearinghouse.info/article23624.htm



http://freepage.twoday.net/search?q=Marc+Faber
http://freepage.twoday.net/search?q=Michael+Moore
http://freepage.twoday.net/search?q=George+Monbiot

By David Sirota

Avoiding another Vietnam, requires a figurehead government-one that delegates all military decision-making power to generals and effectively strips it from elected civilians who will supposedly be too "politically motivated" (read: influenced by voters).

http://www.informationclearinghouse.info/article23625.htm



http://freepage.twoday.net/search?q=Vietnam
http://freepage.twoday.net/search?q=David+Sirota

4. Oktober 2009

Zur Diskussion um die Aufstockung des Bundeswehrkontingents in Afghanistan erklärt Christine Buchholz, Mitglied des Geschäftsführenden Parteivorstandes:

Die anhaltende Diskussion um die weitere Aufstockung des Afghanistanmandates auf 7000 Soldaten zeigt, dass die neue Bundesregierung bereit sein wird, die Kriegsaktivitäten in Afghanistan zu verstärken. Nachdem alle Kriegsbefürwortenden Parteien versucht haben, das Thema Afghanistan aus dem Wahlkampf herauszuhalten, kommt die Katze jetzt aus dem Sack. Wir werden der Verschärfung des Krieges in Afghanistan unseren Widerstand entgegen setzen. Wir bekräftigen die Position der LINKEN nach sofortigem Rückzug der Bundeswehr aus Afghanistan. Nur ein Ende von Besatzung und Krieg kann die Voraussetzung für Frieden und Versöhnung in Afghanistan schaffen. Der Bundeswehreinsatz ist wie die gesamte NATO-Intervention in Afghanistan Teil des Problems und nicht der Lösung.

http://www.die-linke.de/nc/presse/presseerklaerungen/detail/artikel/abzug-statt-aufstockung/



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Bundeswehr

Sarrazin nicht allein zu Haus
http://www.heise.de/tp/r4/artikel/31/31235/1.html



Die Integrationsfähigkeit der Äußerungen Sarrazins

Reaktionen auf die umstrittenen Aussagen des SPD-Mitglieds zur Integrationswilligkeit von arabischen und türkischen Einwanderern in einem Kulturmagazin.

http://www.heise.de/tp/blogs/6/146325



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

Globale biophysikalische Grenzen definieren einen sicheren Handlungsraum für die Menschheit, in dem sich viele weitere Generationen nachhaltig entwickeln könnten, schlägt eine Gruppe von 28 international renommierten Wissenschaftlern vor. In der aktuellen Ausgabe des Wissenschaftsmagazins „Nature“ haben die Forscher erstmals neun dieser Grenzen auf Grundlage des aktuellen Kenntnisstandes der Erdsystemforschung identifiziert. Sie einzuhalten wäre ein Ansatz, dem Klimawandel und anderen globalen Umweltrisiken des 21. Jahrhunderts zu begegnen, berichtet das Autorenteam.

http://sonnenseite.kjm4.de/ref.php?id=d8741686993ms174



Klimawandel weit schlimmer als befürchtet

Meeresanstieg um zwei Meter in einer Generation. Neuer UN-Bericht schlägt Alarm. http://sonnenseite.kjm4.de/ref.php?id=d8741687018ms174



Methan – das unterschätzte Klimagas

Das Treibhausgas Methan bietet relativ große und kostengünstige Vermeidungspotenziale und sollte daher konsequent in die Klimaschutzpolitik einbezogen werden.

http://sonnenseite.kjm4.de/ref.php?id=d8741687020ms174



Wirtschaft und Natur

Die biologische Vielfalt ist die Wiege und das bedeutendste Naturerbe der Menschheit.
http://sonnenseite.kjm4.de/ref.php?id=d8741686996ms174



"Konsum verändern statt Armen Verhütung vorschreiben"

Klimawandel: Freispruch für Bevölkerungsanstieg.
http://sonnenseite.kjm4.de/ref.php?id=d8741687002ms174



Klimawandel wird Nahrungsmittel verknappen

Der Klimawandel wird in den nächsten Jahrzehnten Lebensmittel erheblich verknappen und die Weltpreise für Agrarrohstoffe in unbekannte Höhen treiben.

http://sonnenseite.kjm4.de/ref.php?id=d8741687010ms174



http://freepage.twoday.net/search?q=Klimawandel
http://freepage.twoday.net/search?q=Klimaschutz
http://freepage.twoday.net/search?q=Methan

http://www.ufppc.org/content/view/9042/



http://freepage.twoday.net/topics/Is+Iran+next/

http://www.lewrockwell.com/pilger/pilger79.1.html



http://freepage.twoday.net/topics/Is+Iran+next/
http://freepage.twoday.net/search?q=corruption
http://freepage.twoday.net/search?q=John+Pilger
http://freepage.twoday.net/search?q=/pilger

http://www.lewrockwell.com/taibbi/taibbi14.1.html

NB: some bad language.



http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=lobbyist
http://freepage.twoday.net/search?q=Matt+Taibbi
http://freepage.twoday.net/search?q=/taibbi

http://www.lewrockwell.com/paul/paul589.html



http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Ron+Paul
http://freepage.twoday.net/search?q=com/paul

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."

http://www.truthout.org/1002097



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

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

http://www.heise.de/tp/blogs/8/146222



http://freepage.twoday.net/search?q=Finanzkrise
http://freepage.twoday.net/search?q=Armut

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

http://www.heise.de/tp/r4/artikel/31/31228/1.html



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

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.

http://www.irishtimes.com/newspaper/finance/2009/1001/1224255613222.html



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.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXZinRhF5tlA



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.

http://money.cnn.com/2009/10/01/news/economy/new_tax_needed/index.htm



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.

http://www.foxnews.com/politics/2009/10/02/factory-orders-plunge-unexpectedly-august/



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.

http://dallas.bizjournals.com/dallas/stories/2009/09/28/daily48.html


From Information Clearing House



http://freepage.twoday.net/search?q=IMF
http://freepage.twoday.net/search?q=Paul+Volcker
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=recovery
http://freepage.twoday.net/search?q=fiscal+hole
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=job+loss

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.

http://snipurl.com/saejd


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."

http://www.truthout.org/1002092



http://freepage.twoday.net/search?q=Cheney
http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=Pat+Fitzgerald
http://freepage.twoday.net/search?q=Valerie+Plame
http://freepage.twoday.net/search?q=DoJ
http://freepage.twoday.net/search?q=CIA+leak+case
http://freepage.twoday.net/search?q=Jason+Leopold

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.

http://snipurl.com/saeih



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.

http://www.voanews.com/english/2009-09-30-voa50.cfm


From Information Clearing House



http://freepage.twoday.net/search?q=terror+suspect

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

http://english.aljazeera.net/news/europe/2009/10/2009101204326550773.html


From Information Clearing House



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=McChrystal
http://freepage.twoday.net/search?q=Taliban

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.

http://www.informationclearinghouse.info/article23615.htm



The Truth About The Economy

Video Interview

Marc Faber and Nouriel Roubini.
http://www.informationclearinghouse.info/article23620.htm

--------

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."

http://www.truthout.org/100309A



http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=Kevin+G.+Hall
http://freepage.twoday.net/search?q=Marc+Faber
http://freepage.twoday.net/search?q=Roubini
http://freepage.twoday.net/search?q=Dean+Baker

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.

http://www.informationclearinghouse.info/article23613.htm



http://freepage.twoday.net/search?q=mainstream+media