Mittwoch, 12. Mai 2010

Wall Street: Land of the Million Dollar Babies

Record-High Gold Tells of "Inflation & Sovereign Debt" Threat

The price of Gold jumped to new all-time highs against all-but-three of the world's major currencies on Wednesday morning, breaking US$1245 an ounce in London trade.

http://goldnews.bullionvault.com/gold_buying_051220101



U.S. home prices drop by $25 billion

A report by San Francisco's Trulia Inc. says home prices around the United States were cut by 10 percent in April. In total, some $25 billion has been slashed from the list prices of for-sale homes.

http://www.bizjournals.com/sanfrancisco/stories/2010/05/10/daily38.html?jst=b_ln_hl



Home Buyer Tax Credit Takes its Toll

One full week after the tax credit's expiration, mortgage applications fell 9.5 percent; this as mortgage interest rates dropped below 5 percent.

http://www.cnbc.com/id/37106639



Wall Street: Land of the Million Dollar Babies

Wall Street is know around the world as the land of the million dollar babies since is chock full of people who have gotten incredibly rich as a result of handouts from the government.

http://tpmcafe.talkingpointsmemo.com/2010/05/11/wall_street_land_of_the_million_dollar_babies/



Morgan Stanley Shares Decline On Reports Of Federal Probe

Morgan Stanley (MS) shares fell Wednesday on reports federal prosecutors are investigating whether the bank misled investors about mortgage-derivatives deals it helped design and sometimes bet against.

http://online.wsj.com/article/BT-CO-20100512-711121.html?mod=WSJ_World_MIDDLEHeadlinesEurope



Hungry By the Numbers

How the government defines hunger - and what it looks like up close.
http://www.eastbayexpress.com/ebx/hungry-by-the-numbers/Content?oid=1725214



Home Prices Are Falling Again

The decline came even as the government and the Fed threw the kitchen sink at the housing market, an effort that included the Treasury paying people to buy houses and the Fed buying more than $1 trillion in mortgage bonds.

http://www.npr.org/blogs/money/2010/05/housing.html


From Information Clearing House



http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=debt
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=derivatives
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Morgan+Stanley

How to Turn Congress Inc. Back to Just Congress

By Katrina vanden Heuvel

In just the first quarter of 2010, the finance, insurance and real estate sectors spent more than $123 million on 2,057 lobbyists. Any bets on whether the final financial reform bill will create the kind of robust, independent Consumer Financial Protection Agency that would serve as a watchdog with teeth?

http://www.informationclearinghouse.info/article25426.htm



Capitalism Without Capital

By Mike Whitney

This is a point that bears repeating: "...nearly $14 trillion worth of complex-securitized products were created" on top of just "$1.4 trillion" of subprime loans." No doubt, the investment bankers and hedge fund managers who inflated these monster balloons, knew that they were doomed from the get-go, but then, they must have also known that "I.B.G.-Y.B.G.", which in Wall Street parlance means, "I'll Be Gone and You'll Be Gone."

http://www.informationclearinghouse.info/article25431.htm



Taking Back Homes from the Banks

By Bill Quigley

Organizations across the US are engaging in "housing liberation" and "housing defense" to exercise their human rights to housing. Here are a few examples.

http://www.informationclearinghouse.info/article25428.htm



Finance 101: Blame the Poor
(While Taking Their Money)

By Gordon Arnaut

Did you know that the poor (and mostly black) people in the US caused the global financial crisis that threw the world economy into its worst slump since the Great Depression of the 1930's.

http://www.informationclearinghouse.info/article25430.htm

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How Too-Big-to-Fail's Army of Lobbyists Has Captured Washington

Kevin Conner, Institute for America's Future: "Throughout the financial reform debate, the finance industry has waged an unprecedented assault on the democratic process, spending an estimated $1.4 million per day to influence Congress and hiring 70 members of Congress and 940 former federal employees to lobby on their behalf."

http://www.truthout.org/big-bank-takeover-how-too-big-to-fails-army-lobbyists-has-captured-washington59479



America's Ten Most Corrupt Capitalists

Zach Carter, AlterNet: "The financial crisis has unveiled a new set of public villains - corrupt corporate capitalists who leveraged their connections in government for their own personal profit. During the Clinton and Bush administrations, many of these schemers were worshiped as geniuses, heroes or icons of American progress. But today we know these opportunists for what they are: Deregulatory hacks hellbent on making a profit at any cost. Without further ado, here are the 10 most corrupt capitalists in the U.S. economy."

http://www.truthout.org/americas-ten-most-corrupt-capitalists59473

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Is the Consumer Protection Bill Just One Huge Governmental Subversion of Privacy Ploy?

http://www.lewrockwell.com/spl2/fed-audits-you.html



http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=financial+reform
http://freepage.twoday.net/search?q=financial+estate
http://freepage.twoday.net/search?q=real+estate
http://freepage.twoday.net/search?q=capitalism
http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=finance+industry
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=lobbyists
http://freepage.twoday.net/search?q=Big+Banks
http://freepage.twoday.net/search?q=too+big+to+fail
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=subprime+loan
http://freepage.twoday.net/search?q=Consumer+Protection+Bill
http://freepage.twoday.net/search?q=Katrina+vanden+Heuvel
http://freepage.twoday.net/search?q=Mike+Whitney
http://freepage.twoday.net/search?q=Bill+Quigley
http://freepage.twoday.net/search?q=Gordon+Arnaut
http://freepage.twoday.net/search?q=Kevin+Conner
http://freepage.twoday.net/search?q=Zach+Carter
http://freepage.twoday.net/search?q=Tyler+Durden

US Troops Executing Prisoners in Afghanistan

Seymour Hersh

By David Edwards

"I'll tell you right now, one of the great tragedies of my country is that Mr. Obama is looking the other way, because equally horrible things are happening to prisoners, to those we capture in Afghanistan," Hersh said. "They're being executed on the battlefield. It's unbelievable stuff going on".

http://www.informationclearinghouse.info/article25424.htm



Training That Makes Killing Civilians Acceptable

By Real News

Josh Stieber: In boot camp we trained with songs that joked about killing women and children.

http://www.informationclearinghouse.info/article25425.htm



"I gave them a good boy, and they sent me back a murderer"

By Seymour Hersh

Video

Legendary investigative journalist Seymour Hersh delivered keynote address at the Global Investigative Journalism Conference in Geneva, sharing details about his work on My Lai in Vietnam, Abu Ghraib, and about his particular relationship with sources.

http://www.informationclearinghouse.info/article25439.htm



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Abu+Ghraib
http://freepage.twoday.net/search?q=Seymour+Hersh
http://freepage.twoday.net/search?q=David+Edwards
http://freepage.twoday.net/search?q=Josh+Stieber

How Much Did Pharma Make On The H1N1 Vaccines?

http://groups.google.com/group/omeganews/t/dbbd8755fb4f7828?hl=de

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Amazingly, this Country Actually Bans the Flu Vaccine

This island nation has suspended seasonal flu vaccinations for children under the age of five after a series of adverse events.

http://articles.mercola.com/sites/articles/archive/2010/05/15/australia-bans-flu-vaccine.aspx



http://freepage.twoday.net/search?q=Big+Pharma
http://freepage.twoday.net/search?q=swine+flu
http://freepage.twoday.net/search?q=H1N1
http://freepage.twoday.net/search?q=vaccin

Stock Market Collapse: Another Goldman Market Rigging?

Ellen Brown, Truthout: "Two weeks ago, Goldman Sachs was on the Congressional hot seat, grilled for fraud in its sale of complicated financial products called 'synthetic CDOs.' Last week the heat was off, as all eyes turned to the attack of the shorts (bets that a stock will decline in value) on Greek sovereign debt and the dire threat of a sovereign Greek default. By Thursday, Goldman's fraud had slipped from the headlines and Congress had been cowed into throwing in the towel on its campaign to break up the too-big-to-fail banks. On Friday, Goldman was in settlement talks with the SEC."

http://www.truthout.org/stock-market-collapse-another-goldman-market-rigging59369



Wall Street Goes to the Movies

Zach Carter, The Media Consortium: "Last week, the U.S. Senate rejected a plan that would have broken up the nation's six largest banks firms into firms that could fail without wreaking havoc on the economy. Even though the defeat reinforces Wall Street's political dominance, there is still room for a handful of other useful reforms, like banning banks from gambling with taxpayer money and protecting consumers from banker abuses. After looting our houses, banks are now pushing for the ability to bet on movie box-office receipts, and will keep trying to financialize anything they can unless Congress acts."

http://www.truthout.org/wall-street-goes-to-the-movies59385

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Big Bank Lobby: Too big to bare?

Our Future
by Robert Borosage

05/11/10

Two-hundred and forty former legislators, bank committee staffers, and Treasury officials deployed to lobby. $600 million spent in lobbying, trade association activity and political contributions since March 2008. And that is just from the six biggest banks. The entire financial industry is spending an estimated $1.4 million a day, hiring 70 former members of Congress to make their case. … As the Senate moves towards passing financial reform legislation, it is worth focusing on how the lobby works. Bailed out by taxpayers, the big banks … are emerging from the financial crisis larger and more concentrated than ever. Their very size offends market competition. Entities that are too big to fail cannot be disciplined by the market...

http://ourfuture.org/blog-entry/2010051911/big-bank-lobby-too-big-bare


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=Greek
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=financial+reform
http://freepage.twoday.net/search?q=Securities+and+Exchange+Commission
http://freepage.twoday.net/search?q=financial+industry
http://freepage.twoday.net/search?q=Big+Banks
http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=too+big+to+fail+bank
http://freepage.twoday.net/search?q=lobbyists
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Ellen+Brown
http://freepage.twoday.net/search?q=Zach+Carter
http://freepage.twoday.net/search?q=Robert+Borosage

Vereinte Nationen warnen vor irreversibler Zerstörung von Ökosystemen

Nach einem UNEP-Bericht hat sich das Artensterben weltweit beschleunigt.
http://www.heise.de/tp/blogs/8/147597

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Wirtschaft - vom Aussterben bedroht?

Wie wir die Vielfalt der Natur gefährden und uns damit selbst auf die rote Liste setzen. In den letzten 50 Jahren hat sich die Weltbevölkerung verdoppelt. Die Weltwirtschaft wuchs dabei sogar um das Sechsfache. Auch der Lebensstandard vieler Menschen erhöhte sich dadurch. Doch mit diesem Wachstum fordern wir mehr von der Natur, als sie uns geben kann, ohne dabei selbst Schaden zu nehmen. Von Edgar Endrukaitis und Judith Winterstein

http://sonnenseite.kjm4.de/ref.php?id=d8741688785ms207



UN-Bericht: Biologische Vielfalt schwindet weltweit

Die biologische Vielfalt und damit der Reichtum unserer Erde geht noch immer in dramatischem Ausmaß zurück.

http://sonnenseite.kjm4.de/ref.php?id=d8741688818ms207



Biodiversitätsverlust kommt Wirtschaft teuer

Rapides Artensterben wird enorme Schäden verursachen.
http://sonnenseite.kjm4.de/ref.php?id=d8741688807ms207



Wissenschaftler mahnen radikale Änderungen in der Klimapolitik an

Eine radikale Abkehr von der Klimapolitik der vergangenen Jahre hat eine 14-köpfige Gruppe international renommierter Klima- und Klimawandelfolgenforscher gefordert.

http://sonnenseite.kjm4.de/ref.php?id=d8741688800ms207



http://freepage.twoday.net/search?q=Ökosystem
http://freepage.twoday.net/search?q=Biodiversität
http://freepage.twoday.net/search?q=Artensterben
http://freepage.twoday.net/search?q=Klimapolitik

FDP auf einmal doch für eine Ampel in NRW bereit

Was bislang ausgeschlossen wurde, wird angesichts des Bedeutungsverlustes der Liberalen auf einmal doch möglich.

http://www.heise.de/tp/blogs/8/147601



http://freepage.twoday.net/search?q=FDP
http://freepage.twoday.net/search?q=Schwarz-Gelb

Keep ExxonMobil off the Lewis and Clark Trail

https://secure.nrdconline.org/site/Advocacy?cmd=display&page=UserAction&id=1849&autologin=true&amp

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Clean up workers at risk from crude and corexit
http://www.brasschecktv.com/page/845.html



http://freepage.twoday.net/search?q=Exxon
http://freepage.twoday.net/search?q=oil+spill

Financial crisis is 'Social War on a global scale'

http://www.ufppc.org/us-a-world-news-mainmenu-35/9594/



http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=social+war
http://freepage.twoday.net/search?q=Michael+Hudson

Fannie Mae Needs $8.4 Billion More

Fannie Mae asked the U.S. government for an additional $8.4 billion in aid after posting an $11.5 billion net loss for the first quarter, the latest sign that the bailout of the mortgage investor and its main rival, Freddie Mac, is likely to be the most expensive legacy of the U.S. housing-market bust.

http://snipurl.com/w5k11


From Information Clearing House



http://freepage.twoday.net/search?q=Fannie+Mae
http://freepage.twoday.net/search?q=Freddie+Mac
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=housing

Judge Rules Torture Doesn't Violate Due Process

In a ruling that anticipates how the government will ignore torture as it tries alleged detainees in civilian court, Judge Lewis Kaplan rejected Ahmed Khalfan Ghailani's efforts to get his indictment for contributing to the 1998 embassy bombings dismissed because he was tortured while in US custody.

http://snipurl.com/w5jz5


From Information Clearing House



http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=detainee

Who Would Dare Downgrade U.S. Debt?

http://www.lewrockwell.com/spl2/govt-bonds-are-junk.html

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Our unsustainable debt

Reason
by Veronique de Rugy

America’s financial situation is unsustainable. In 2009 the federal government spent $3.5 trillion but collected only $2.1 trillion in revenue. The result was a $1.4 trillion deficit, up from $458 billion in 2008. That’s 10 percent of gross domestic product, a level unseen since World War II. Worse, the Congressional Budget Office (CBO) projects that we’ll be drowning in red ink for the foreseeable future, with annual deficits averaging $1 trillion during the next decade. While these figures are dramatic, they pale in comparison to what the federal government owes foreign and domestic investors... (for publication 06/10)

http://reason.com/archives/2010/05/11/our-unsustainable-debt


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=debt
http://freepage.twoday.net/search?q=deficit
http://freepage.twoday.net/search?q=bonds
http://freepage.twoday.net/search?q=Veronique+de+Rugy

On how Wall Street destroyed Main Street

http://www.lewrockwell.com/quinn/quinn29.1.html



http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Main+Street
http://freepage.twoday.net/search?q=/quinn

Politicians Lie to You About the Economy

http://www.lewrockwell.com/spl2/john-williams-believe-him-or-not.html

The Myth That Justice Is Blind

http://www.lewrockwell.com/shaffer/shaffer215.html

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The world is Kagan’s battlefield

AntiWar.Com
by Justin Raimondo

05/12/10

The nomination of Elena Kagan has opened up a public debate on her qualifications, her public record (or lack of it), and even her sexual orientation. I will deal with none of these here. Normally, this space would not be concerned with the merits of a particular nomination to the Supreme Court, but is it really necessary for me to point out that we aren’t living in normal times? Ever since 9/11, when our rulers decided to junk the Constitution, and started picking off our civil liberties like a sharpshooter at the range, the judiciary has been one of the last defenses of a free people against the depredations of our war-maddened rulers. If Ms. Kagan is confirmed, however, that last recourse will be far less reliable. Her views on the First Amendment, alone, ought to have civil libertarians, both liberals and conservatives, manning the barricades and declaring, ‘No pasaran!’

http://tinyurl.com/2bmepjj


Informant: Thomas L. Knapp

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The Problem With Elena Kagan Is Barack Obama
http://www.opednews.com/articles/The-Problem-With-Elena-Kag-by-Cenk-Uygur-100510-429.html

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Elena Kagan's shaky record

What a Kagan appointment to the Supreme Court could mean for civil liberties.
http://thephoenix.com/boston/news/100861-elena-kagans-shaky-record


From Information Clearing House



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Supreme+Court
http://freepage.twoday.net/search?q=Elena+Kagan
http://freepage.twoday.net/search?q=Constitution
http://freepage.twoday.net/search?q=First+Amendment
http://freepage.twoday.net/search?q=civil+liberties
http://freepage.twoday.net/search?q=com/shaffer
http://freepage.twoday.net/search?q=raimondo
http://freepage.twoday.net/search?q=Cenk+Uygur

The Making of a Warmonger

http://www.lewrockwell.com/gordon/gordon77.1.html



http://freepage.twoday.net/search?q=conservatism
http://freepage.twoday.net/search?q=warmonger
http://freepage.twoday.net/search?q=/gordon

BP funding ad campaign promoting frolicking on Gulf beaches

http://www.ufppc.org/us-a-world-news-mainmenu-35/9592/

Nothing 'out of the ordinary' about oil well Deepwater Horizon was drilling
http://www.ufppc.org/us-a-world-news-mainmenu-35/9595/

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Amateur Video Of Gulf Oil Slick - Worse Than BP Admits

Officials have stopped guessing at the amount of oil leaking although some speculate it may be closer to 1 million gallons per day.



http://www.youtube.com/watch?v=did-S6XbpMM&feature=player_embedded


From Information Clearing House

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Pandora's Oil Well

Jill S. Schneiderman, Truthout: "Technical jargon conceals by confusion. The immense scale of the problem surrounding the sinking of the Transocean drilling rig, Deepwater Horizon, requires that the public stay alert when confronted with slick lingo. So, I'd like to help readers understand from a geologist's viewpoint the sad absurdity of the Gulf of Mexico situation - one that is much more than yet another 'oil spill.'"

http://www.truthout.org/pandoras-well59394

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At BP Hearing, Blame Game for 'Cascade of Failures'
http://act.commondreams.org/go/566?akid=54.124981.GHcpQs&t=2

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Oil spill swells to 4 Million gallons with fixes days off

A remote-controlled submarine shot chemicals into the maw of the massive leak to dilute the flow, further evidence that BP expects the gusher to keep erupting into the Gulf for weeks or more.

http://snipurl.com/w6fsv


From Information Clearing House



http://freepage.twoday.net/search?q=British+Petroleum
http://freepage.twoday.net/search?q=Halliburton
http://freepage.twoday.net/search?q=oil+spill
http://freepage.twoday.net/search?q=drilling
http://freepage.twoday.net/search?q=Jill+S.+Schneiderman

US reconsidering pace of Iraq troop withdrawal

Worries over violence fueled by Iraq's political instability have forced U.S. commanders to reconsider the pace of a major pullout this summer.

http://snipurl.com/w5jw5


From Information Clearing House



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

A look at costs of Afghan war to U.S. taxpayers

President Barack Obama's request in February for more money to pay for the war in Afghanistan is still snarled in Congress as lawmakers work on other priorities and deal with scarce budget resources.

http://www.reuters.com/article/idUSTRE64914820100510


From Information Clearing House



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

Red Cross confirms 'second jail' at Bagram, Afghanistan

Nine former prisoners have told the BBC that they were held in a separate building, and subjected to abuse.

http://news.bbc.co.uk/2/hi/south_asia/8674179.stm


From Information Clearing House



http://freepage.twoday.net/search?q=Bagram
http://freepage.twoday.net/search?q=abuse

A Historic Breakthrough for U.S. Billionaires

By Sam Pizzigati

In 2010 America, schools, students, and teachers share the pain. The heirs to our mega rich, meanwhile, don't have to share anything.

http://www.informationclearinghouse.info/article25423.htm



http://freepage.twoday.net/search?q=billionair
http://freepage.twoday.net/search?q=Sam+Pizzigati

Afghan Escalation Funding: More War, Fewer Jobs, Poor Excuses

By David Swanson

The fact is that military spending is destroying the U.S. economy. An excellent report from the National Priorities Project, "Security Spending Primer," provides a summary of research that supports these basic and well-documented facts...

http://www.informationclearinghouse.info/article25416.htm



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=U.S.+economy
http://freepage.twoday.net/search?q=military+spending
http://freepage.twoday.net/search?q=David+Swanson

Dienstag, 11. Mai 2010

Outing the Fed

The Nation
by William Greider

05/10/10

The weirdness of this political system is reflected in the fact that it takes a Socialist senator from Vermont, Bernie Sanders, and a libertarian Republican from Texas, Rep. Ron Paul, to beat the banking lobby. The Democrats are making a show of ‘Wall Street reform’ but choking on the tough issues. Republicans are in the tank, as expected, though nervous about the public fury. Sanders and Paul, however, found an opening with their bill to force a GAO audit of the sacrosanct Federal Reserve. This is a big deal, much bigger than most imagine. Congress has sputtered for years about the Fed’s imperious secrecy but never found the nerve to do anything. The Sanders-Paul audit bill, if it passes, will only be a first breach in the wall, but it promises to keep alive popular demands for more fundamental reforms...

http://www.thenation.com/article/outing-fed



Fed audit under fire

Freedom's Phoenix
by US Rep. Ron Paul (R-TX)

05/10/10

It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate. At the very last minute on the floor of the Senate, supposed compromise language was agreed to and substituted in the Sanders Amendment to the Financial Reform Bill. This language was acceptable to the administration, committee leadership, and to the Fed. The trouble is, while it is better than no audit at all, it guts the spirit of a truly meaningful audit of the most crucial transactions of the Fed. In fact, rather than still calling the Sanders Amendment an audit, maybe it should instead be called more of a disclosure at this point...

http://tinyurl.com/2f7joqj



Regulate or capitulate

In These Times
by Roger Bybee

05/19/10

The battle over regulation of Wall Street will settle at least one question, says Sen. Bernie Sanders (I-Vt.): ‘Whether the Congress has the ability to regulate Wall Street or Wall Street continues to regulate the Congress.’ Related to the question of who-regulates-whom is a strategic choice for President Barack Obama and the Democrats. With polls showing little belief in the administration’s willingness to stand up for the powerless, the Democrats could recoup sagging enthusiasm by promoting tough regulation of Wall Street, forcing a breakup of mega-banks and subjecting all risky instruments (’derivatives’) to full disclosure. But signs suggest that Obama’s inner circle has rejected this approach...

http://www.inthesetimes.com/article/5996/regulate_or_capitulate



Critical thinking: How to think about regulation

Downsize DC
by Perry Willis

06/07/10

Millions of people believe … We need the government to regulate business people, otherwise they will run wild, laying waste to the environment, and selling us bad food, bad drugs, and harmful products. It would be silly to claim that business people never do these things. After all … * Not all people are good. * Neither are people who are mostly good, consistently good. * And sometimes goodness has nothing to do with it — sometimes people simply make mistakes, out of ignorance or carelessness. But politicians and bureaucrats are people too, and subject to these same failings. Do we really solve the problem of human imperfection by giving one small group of imperfect people vast power over all the others?

http://tinyurl.com/24txfvj



Juneteenth: Slavery, the Civil War, and government

Dallas Libertarian Examiner
by Garry Reed

06/07/10

One reader noted logically, ‘We’re all slaves, human tax livestock. It’s a bit hypocritical for a judge to imprison someone for forced labor, while forcing people to hand money over to his organization on a daily basis in the form of taxation.’ This started a chain reaction of blowback from people who fiercely cling to the mythology that individual slavery and government slavery are different …

http://tinyurl.com/2br6nal


Informant: Thomas L. Knapp

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Authenticating the Inauthentic

Anne Elizabeth Moore, Truthout: "In recent years, much of our economy - and now, almost the entirety of our media - has come to rest on the public display of authenticity: ads that constantly bemoan the notion of the sales pitch, heartfelt apologies that run on the evening news whenever another perpetrator of a large-scale bank fraud is captured and the very real possibility that our own financial worries will cease when we are made the stars of our own reality television programs."

http://www.truthout.org/authenticating-inauthentic59167

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Welcome To Fedville
http://www.lewrockwell.com/sardi/sardi167.html



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

With ' Hat In Hand ': American Serfdom

By Philip A Farruggio

Conversations in offices, supermarket lines, health clubs, job sites.... Everywhere it seems, are about the ' scandal of the day ' involving the rich and famous. Never do you hear discussions about the trillion dollar phony bank bailouts, or trillion dollar phony wars we taxpayers fund.

http://www.informationclearinghouse.info/article25403.htm



Blogging Toward The Kingdom

Booze, Rage and Justice in the Participation Age

By Joe Bageant

"Why did the good in the American people not triumph? How can it be that so many progressive, justice-loving citizens failed?

http://www.informationclearinghouse.info/article25404.htm



http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=serfdom
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Philip+A+Farruggio
http://freepage.twoday.net/search?q=Joe+Bageant

USA: Die Zahl der Arbeitslosen steigt

Fast die Hälfte sind Langzeitarbeitslose, 40 Millionen Menschen beziehen schon Lebensmittelmarken.

http://www.heise.de/tp/blogs/8/147586

Dispatch the War Department

Standing armies lead inevitably to tyranny.
http://www.lewrockwell.com/akers/akers125.html



http://freepage.twoday.net/search?q=DoD
http://freepage.twoday.net/search?q=Pentagon
http://freepage.twoday.net/search?q=tyranny
http://freepage.twoday.net/search?q=com/akers

A Classic Moral Theory and a War

http://www.lewrockwell.com/orig2/c-white3.1.1.html



http://freepage.twoday.net/search?q=/c-white

EU’s Pro-Industry GMO Regulators Endanger Public Health Petition for Independent Science in GMO Risk Assessment

http://www.i-sis.org.uk/GMO_Risk_Assessment.php



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

Next-up News Nr 1328+1335+1336

EHS Refuge Zone report/reportage ALGECOs Faraday cage

EHS Refuge Zone Health Zone - Zone Santé: Marathon 09 05 2010 (report-reportage)

EHS Zone Refuge Reportage faradayscher Käfig (ALGECOs)

Tar Sands, Boreal Forest and the Battle for Canada's Oil

http://act.commondreams.org/go/555?akid=53.124981.qhE2Fd&t=16

Canada's Tar Sands: A Dangerous Solution to Offshore Oil
http://act.commondreams.org/go/578?akid=54.124981.GHcpQs&t=26

Tar Sands Extraction: A Slow Motion Oil Spill
http://act.commondreams.org/go/642?akid=59.124981.HG8OGR&t=2

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EU: NO MORE ILLEGAL TIMBER
http://www.avaaz.org/en/eu_stop_illegal_timber/?cl=603300466&v=6501



http://freepage.twoday.net/search?q=Boreal+Forest
http://freepage.twoday.net/search?q=Big+Oil
http://freepage.twoday.net/search?q=oil+spill
http://freepage.twoday.net/search?q=Heather+McRobie
http://freepage.twoday.net/search?q=Matthew+O.+Berger

Griechenland ist überall

Die hektische Eile nach der langen Weile

Weil Griechenland nicht schnell unter die Arme gegriffen wurde, müssen die Euroländer nun hektisch einen Flächenbrand bekämpfen, der Euro soll mit bis zu 750 Milliarden gestützt werden.

http://www.heise.de/tp/r4/artikel/32/32608/1.html



Entscheidende Tage für die Weltwirtschaft

Während Politiker weltweit versuchen, "noch vor der Eröffnung der asiatischen Märkte" die Finanzmärkte zu beruhigen, muss jeder Erfolg angesichts der herrschenden Panik und Ansteckung vorübergehend bleiben.

http://www.heise.de/tp/r4/artikel/32/32604/1.html



Rot-Schwarz am Ende?

Nach den Ergebnissen der NRW-Landtagswahl wird sich der Konflikt zwischen FDP und Union zuspitzen.

http://www.heise.de/tp/r4/artikel/32/32606/1.html

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Positionspapier Wissenschaftlicher Beirat Attac zu Griechenland

Zusammenfassung: I Die Krise in Griechenland und in anderen Eurozonen-Staaten ist Ausdruck der Tiefe der weltweiten Krise und eine logische Folge der Konstruktion der Eurozone. II Das Spardiktat von IWF und EU muss die Krise verschärfen. Mit ihm werden diejenigen zur Kasse gebeten, die keinerlei Verantwortung für die Krise haben und die ohnehin die Lasten der kapitalistischen Krise tragen. III Deutsche Regierung, deutsche Banken und deutsche Konzerne sind zu kritisieren, – weil sie eine führende Rolle in der erpresserischen Politik gegenüber der griechischen Bevölkerung und der Regierung in Athen spielen; – weil vor allem deutsche Großunternehmen in Griechenland die Politik einer flächendeckenden Bestechung betrieben haben; – weil es aufgrund der ungesühnten Verbrechen der deutschen Wehrmacht und der SS in Griechenland zur Zeit der Besatzung
1941-1944 eine besondere Verantwortung Deutschlands für Griechenland gibt. IV Die Kosten der Krise in Griechenland müssen von denen bezahlt werden, die für die Krise verantwortlich sind: die großen, international aktiven Banken, die Superreichen in der Welt – auch in Griechenland - und die internationale Rüstungsindustrie…“ Positionspapier Wissenschaftlicher Beirat Attac zu Griechenland zum Download bei Attac vom 07.05.2010 (pdf) http://www.attac-netzwerk.de/fileadmin/user_upload/Gremien/Wissenschaftlicher_Beirat/Positionspapier%20Wissenschaftlicher%20Beirat%20Attac%20zu%20Griechenland.pdf


Aus: LabourNet, 11. Mai 2010

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Irrsinn und kein Ende: Notwendige Anmerkungen zur sogenannten Euro- und Griechenlandkrise

von Dr. phil. Egbert Scheunemann

Es geht immer noch schlimmer. Die letzte weltweite Finanzmarktkrise, die schlimmste seit jener von 1929, ist gerade mal zwei Jahre her, der in ihrer Folge heftige Einbruch der Realwirtschaft gerade halbwegs überwunden – da bricht die nächste Krise über uns herein. Diesmal heißt sie Euro-Krise und ausgelöst hat sie, so wird uns zumindest von tendenziell Hirntoten gesagt, ein Ländchen an der Peripherie Europas, das keine zwölf Millionen Einwohner zählt und auch dessen Sozialprodukt und Nettoschuldenstand (1) eher dem eines größeren deutschen Bundeslandes entspricht als irgendeiner weltwirtschaftlich auch nur andeutungsweise relevanten Wirtschaftseinheit... Lesen Sie weiter:

http://www.gegen-hartz.de/nachrichtenueberhartziv/anmerkungen-zur-sog-euro-und-griechlandkrise-4253.php

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"Griechenland ist überall"

Institut Solidarische Moderne kritisiert Angriffe des Finanzmarktes auf europäische Staaten und schlägt sofortige Initiativen vor. Namhafte Wissenschaftler und Politiker einigen sich auf konkretes Maßnahmenpaket „Griechenland ist überall“.

http://sonnenseite.kjm4.de/ref.php?id=d8741688870ms208



http://freepage.twoday.net/search?q=Finanzmarkt
http://freepage.twoday.net/search?q=Griechenland
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http://freepage.twoday.net/search?q=Finanzm
http://freepage.twoday.net/search?q=Rüstungsindustrie
http://freepage.twoday.net/search?q=Schwarz-Gelb

Pakistan: Rachespirale

Bisher wird die Lage in Pakistan kaum von der deutschen Öffentlichkeit wahrgenommen. Das könnte sich mit der Ausweitung des Krieges gegen die Taliban in Nordwaziristan, wie dies die USA vorhat, ändern.

http://www.heise.de/tp/r4/artikel/32/32609/1.html



http://freepage.twoday.net/search?q=Pakistan
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Obama's new drone policy ratchets up tactics of state terror

http://www.ufppc.org/us-a-world-news-mainmenu-35/9589/

Harold Koh's endorsement of the legality of Obama's drone war
http://www.ufppc.org/us-a-world-news-mainmenu-35/9600/

--------

The poetry of death

CounterPunch
by Chris Floyd

05/11/10

In this regard, as in almost every aspect of the Terror War, ‘continuity’ has been the hallmark of the Obama Administration. But we would do the progressive, forward-looking president a grave disservice if we were to imply that this dynamic, historic figure has confined himself to mere continuity. No, in field after field of governmental endeavor, Barack Obama has striven mightily not just to uphold the many authoritarian and militarist innovations of the Bush Administration, but to expand them — increasing their scope and depth, codifying, normalizing and making permanent many practices which his predecessors had enshrouded with ambiguity, deception and deliberate murk. Bush and Cheney were afflicted with a vestigial embarrassment at the howling illegality and constitutional subversion of many of their Terror War policies, and seemed to fear these acts would provoke some kind of public outcry or political controversy — or even prosecution — should they be made too explicit. But our cool, savvy and thoroughly post-postmodern president carries none of that dead lumber from our long-vanished past...

http://counterpunch.org/floyd05112010.html



Droning on

Campaign For Liberty
by Philip Giraldi

05/11/10

The United States is the only country in the world that openly admits to having the technological resources to launch pilotless drones armed with missiles that can then strike and destroy targets on the ground. The use of armed drones against terrorist targets began under President George W. Bush but greatly accelerated under President Barack Obama. There was roughly one drone attack [per week] in the border area of Afghanistan-Pakistan in 2009 and the tempo has increased this year...

http://www.campaignforliberty.com/article.php?view=841


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=Cheney
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Radiation Medicine

http://blog.imva.info/?cat=1

Who Bailouts the Bailouter?

http://www.lewrockwell.com/orig5/johnsson4.1.1.html



http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=/johnsson

Is the War Coming Home?

http://www.lewrockwell.com/buchanan/buchanan135.html



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

US has approved 27 new offshore drilling projects since Gulf Disaster began

http://www.ufppc.org/us-a-world-news-mainmenu-35/9586/

Will the Gulf Disaster provoke a 'global extinction wave'?
http://www.ufppc.org/us-a-world-news-mainmenu-35/9587/

--------

Since Spill, Feds Have Given 27 Waivers to Oil Companies in Gulf

Marisa Taylor, McClatchy Newspapers: "Since the Deepwater Horizon oil drilling rig exploded on April 20, the Obama administration has granted oil and gas companies at least 27 exemptions from doing in-depth environmental studies of oil exploration and production in the Gulf of Mexico."

http://www.truthout.org/since-spill-feds-have-given-27-waivers-oil-companies-gulf59343



You Drill, You Spill

Alexander Cockburn, Truthout: "Sobering, is it not, to realize that the possible survival of a huge oil company, of several billion shrimp, assorted species of fish and birds, not to mention avoidance of a near lethal lurch in the fortunes of Louisiana's fishing and ocean rec industries and the future of offshore drilling along the Atlantic coast could depend on a feat as tricky as rolling a condom on the end of a string onto the p... of a man at street level by remote control from the top of the Empire State building."

http://www.truthout.org/alexander-cockburn-you-drill-you-spill59318

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'Dome' Failure Portends Disaster; There's No Plan B
http://act.commondreams.org/go/548?akid=53.124981.qhE2Fd&t=2

Environmental Groups: Offshore Arctic Drilling Still Scheduled in Less Than 60 Days
http://act.commondreams.org/go/562?akid=53.124981.qhE2Fd&t=30

Center for Biological Diversity: Ignoring Gulf Catastrophe, Graham Calls for More Offshore Oil Drilling
http://act.commondreams.org/go/565?akid=53.124981.qhE2Fd&t=36

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Robert F. Kennedy Jr.: Sex, Lies and Oil Spills

For eight years, George Bush's presidency infected the oil industry's oversight agency, the Minerals Management Service, with a septic culture of corruption from which it has yet to recover.

http://news.yahoo.com/s/huffpost/564163



Million gallons of oil a day gush into Gulf of Mexico

Interviews with surviving Deepwater Horizon rig workers show how explosions led to what may be the world's worst oil spill.

http://snipurl.com/w3tqn


From Information Clearing House

--------

Stop Shell Oil's offshore drilling plans in the Arctic
http://action.wilderness.org/campaign/arctic_oil

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The three causes of BP’s oil disaster

Salon
by Joseph Romm

05/10/10

We now know with pretty high confidence the three main, interrelated, underlying causes of the BP’s oil disaster: Hubris, recklessness, and arrogance. So the metaphor is as much Goldman Sachs as that other great maritime disaster — the Titanic. And if BP turns out to be guilty of malfeasance, too — violating its federal permit — as the NYT suggested — then you’d have the Four Horseman of Oilpocalypse...

http://tinyurl.com/29yqdzb


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Bush+legacy
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http://freepage.twoday.net/search?q=oil+spill
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http://freepage.twoday.net/search?q=Alexander+Cockburn
http://freepage.twoday.net/search?q=Joseph+Romm

Oil company business as usual

http://www.brasschecktv.com/page/212.html

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Crime Pays for BP
http://act.commondreams.org/go/560?akid=53.124981.qhE2Fd&t=26

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BP's History of Safety Violations Was 'Red Flag,' Shareholder Says:

BP's Board of Directors ignored crucial safety issues, cut corners, violated U.S. law and spent millions lobbying Congress to fight regulations for the sake of making a buck, according to the federal derivative complaint.

http://www.courthousenews.com/2010/05/10/27128.htm

From Information Clearing House



http://freepage.twoday.net/search?q=Big+Oil
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