World-News

Nicolas Baverez, Le Monde (Translation: Leslie Thatcher): "The developing world at this yearend 2009 is emerging from the most violent recession since the deflation of the 1930s, with growth of 0.9 percent in the United States and 0.2 percent in the Europe of the Twenty-seven. The end of the recession, however, comes nowhere near marking emergence from the crisis. The recovery is fragile - dependent as it is on inventory restocking and cash-for-clunkers - and unbalanced: economic activity is growing 8.9% in China, 6.1 percent in India, 2.9 percent in Korea and 1.9 percent in Brazil, while the recession persists in the United Kingdom and Spain."

http://www.truthout.org/1201096



"Commission" Is Washington Speak for Cutting Social Security and Medicare

Dean Baker, Truthout: "The 'experts' who could not see the $8 trillion housing bubble that wrecked the economy are now telling us that we have to create a special commission so that they can cut Social Security and Medicare. With much of Washington's punditry behind this effort, they could succeed."

http://www.truthout.org/1201095



http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=recovery
http://freepage.twoday.net/search?q=bubble
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=clunkers
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=medicare
http://freepage.twoday.net/search?q=social+security
http://freepage.twoday.net/search?q=Nicolas+Baverez
http://freepage.twoday.net/search?q=Dean+Baker

http://www.lewrockwell.com/baldwin/baldwin11.1.html



http://freepage.twoday.net/search?q=Homeland+Security
http://freepage.twoday.net/search?q=baldwin

http://www.lewrockwell.com/rogers-j/rogers-j59.1.html

Brotherhood of Plunder
http://www.lewrockwell.com/grigg/grigg-w117.html



http://freepage.twoday.net/search?q=budget+deficit
http://freepage.twoday.net/search?q=oligarchy
http://freepage.twoday.net/search?q=Jim+Rogers
http://freepage.twoday.net/search?q=/rogers-j
http://freepage.twoday.net/search?q=/grigg-w

http://www.antiwar.com/blog/2009/11/30/which-safe-haven-mr-obama/


Informant: Kev Hall



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=L.+Reichard+White

http://www.brasschecktv.com/page/740.html

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Why Debt at Dubai World Is Shaking World Financial Markets
http://freepage.twoday.net/stories/6067814/

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Dubai Debt Debacle Rattles Markets, Confidence
http://www.lewrockwell.com/spl/dubai-debt-debacle.html

Dubai Debacle Just Tip of Iceberg
http://www.lewrockwell.com/faber/faber31.1.html

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UAE investor concern over repayment

Dubia's debts so large that some investors losing faith they will ever be repaid.
http://english.aljazeera.net/news/middleeast/2009/12/2009124155947168698.html


From Information Clearing House

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In Dubai, Financial Crisis Looms

Tom Hundley, GlobalPost: "Last year, when major banks in the US and Europe were teetering on the brink of collapse, Middle Eastern and Asian banks that specialize in Islamic financing were riding high. In the face of a global recession, the top 100 Islamic banks saw their combined assets grow by a gravity-defying 66 percent in 2008, according to figures compiled by The Asian Banker."

http://www.truthout.org/topstories/121409ms1



http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=UAE
http://freepage.twoday.net/search?q=Marc+Faber
http://freepage.twoday.net/search?q=/faber

12 Prozent der US-Amerikaner brauchen bereits Lebensmittelmarken.
http://www.heise.de/tp/blogs/8/146649

http://www.lewrockwell.com/orig10/shedlock3.html

Impending Economic Cataclysm
http://www.lewrockwell.com/sardi/sardi136.html

Resist DC: A Step-by-Step Plan for Freedom
http://www.lewrockwell.com/spl/resist-dc.html

Bernanke Attacks Ron Paul's Audit the Fed Bill
http://www.lewrockwell.com/eddlem/eddlem35.1.html



http://freepage.twoday.net/search?q=financial+bust
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=Ron+Paul
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Marc+Faber
http://freepage.twoday.net/search?q=/shedlock
http://freepage.twoday.net/search?q=com/sardi
http://freepage.twoday.net/search?q=/eddlem

http://www.lewrockwell.com/napolitano/napolitano10.1.html



http://freepage.twoday.net/search?q=military+tribunal
http://freepage.twoday.net/search?q=Andrew+P.+Napolitano
http://freepage.twoday.net/search?q=/napolitano

By Glen Ford

The U.S. set the stage for the Afghan (and Pakistan) war eight years ago, when it handed out drug dealing franchises to warlords on Washington's payroll. Now the Americans, acting as Boss of All Bosses, have drawn up hit lists of rival, "Taliban" drug lords. "It is a gangster occupation, in which U.S.-allied drug dealers are put in charge of the police and border patrol."

http://www.informationclearinghouse.info/article24082.htm



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Pakistan
http://freepage.twoday.net/search?q=war+on+drugs
http://freepage.twoday.net/search?q=warlords

Henry A. Giroux, Truthout: "It appears ever more unlikely that the Obama administration will undo the havoc wrought by the Bush administration (itself the culmination of a decades-long trend toward market deregulation) or reverse the effects of a rampant free-market fundamentalism now unleashed across the globe. As the financial crisis looms large in the lives of the majority of Americans, government funds are used to bail out Wall Street bankers rather than being used to address either the growing impoverishment of the many people who have lost homes, jobs and hope of a better future, or the structural conditions that created such problems. In this scenario, a privileged minority retains the freedom to purchase time, goods, services, and security, while the vast majority of people are relegated to a life without protections, benefits, and safety supports. For those populations considered expendable, redundant and invisible by virtue of their race, class and age, life becomes increasingly precarious."

http://www.truthout.org/1130096



Housing Meltdown, Ground Zero: The American Home-Owning Dream on Life Support

Andy Kroll, TomDispatch.com: "At the end of a week in mid-October when the Dow Jones soared past 10,000, Goldman Sachs recorded 'just another fantastic quarter' with a $3.2 billion quarterly profit, JPMorgan Chase raked in a cool $3.6 billion, and a New York Times headline declared 'Bailout Helps Revive Banks, And Bonuses,' I spent a Saturday evening with about 100 people camped out in a northern California parking lot ... These people, and thousands more like them who had streamed into the arena all day long from as far away as Los Angeles, Phoenix and Las Vegas, were unemployed, broke, bankrupt or at their wit's end. They were here waiting for help - for their chance to make it inside the warm arena to participate in 'America's Best Mortgage Program.'"

http://www.truthout.org/1130093

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The Bank Job
http://www.lewrockwell.com/spl/the-bank-job.html



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=bonus
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=JPMorgan
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=Henry+A.+Giroux
http://freepage.twoday.net/search?q=Andy+Kroll
http://freepage.twoday.net/search?q=Bethany+McLean