World-News

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The United States is pumping out liquidity to try to inflate away its debt, leading to the depreciation of the U.S. dollar, Henri Guaino, a top advisor to French President Nicolas Sarkozy said on Tuesday.

http://www.forbes.com/feeds/afx/2009/10/20/afx7018936.html



3 signs of the next real estate collapse

The latest bubble is about to burst, but this time it's in the commercial market. Here's how to see it coming.

http://snipurl.com/snuip



'Double bubble' means more real estate trouble

Developers face huge crunch as downturn hits office buildings, malls, hotels.
http://www.msnbc.msn.com/id/33404369/ns/business-personal_finance/


From Information Clearing House



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By Washington Blog

The best possible time to pillage is when your victim is at the peak of wealth. With America in a huge bubble phase of wealth and power, the Wall Street looters sucked out vast sums through fraudulent subprime loans, derivatives and securitization schemes.

http://www.informationclearinghouse.info/article23788.htm



The Warning

By PBS

Michael Kirk unearths the hidden history of the nation's worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multitrillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.

http://www.informationclearinghouse.info/article23787.htm



The Movement Against the Banks

By Ruth Conniff

A massive rally in Chicago next week aims to express public displeasure with the massive bank bailout outside the American Bank Association annual meeting.

http://www.informationclearinghouse.info/article23794.htm



Michael Moore's Action Plan

15 Things Every American Can Do Right Now

By Michael Moore

You want something to do? Well, you've come to the right place! 'Cause I got 15 things you and I can do right now to fight back and try to fix this very broken system.

http://www.informationclearinghouse.info/article23792.htm



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Acton Institute
by Ray Nothstine

10/21/09

Religious left icon Jim Wallis has popularized the maxim, ‘budgets are moral documents.’ Yet the often repeated declaration is true in a way Wallis hasn’t envisioned, signaling bad news for Washington’s big spenders and those stuck footing the bill. Currently this country is facing no greater crisis than out of control spending and a mounting federal debt — a moral problem of prodigious proportions. The Office of Management and Budget is projecting $9 trillion in deficits over the next ten years. Washington’s leaders have long paid lip service to the crisis, but their actions betray their words. The national debt is closing in on $12 trillion and unfunded liabilities like Social Security, Medicare, and other entitlement programs total $60 trillion...

http://tinyurl.com/yz7y2de


Informant: Thomas L. Knapp



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Art Levine, AlterNet: "Early in the morning, outside the House Financial Services Committee hearing room in the Rayburn House Office Building last week, there were scruffy ex-homeless and other low-income folks, wearing their dreadlocks or sloppy jeans, mixed in with the pinstriped reps for the financial industry. They all seemed to be lining up to see what $223 million in financial lobbying in the first six months of this year could buy in thwarting real reform on Capitol Hill. And they were hoping to get the few dozen of the public seats available inside the room, for a critical 10 a.m. hearing marking up a bill that was supposed to regulate the now-private market in complex 'derivatives.'"

http://www.truthout.org/1021093



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http://www.heise.de/tp/r4/artikel/31/31341/1.html

Die Schwäche der Drohnen

Nach Medienberichten verfügen Aufständische im Irak, und vermutlich auch in Afghanistan, über leicht zugängliche Software, die es gestattet, die Überwachung der Drohnen selbst zu überwachen.

http://www.heise.de/tp/blogs/8/146781



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Congress has approved the release of information on the Western Hemisphere Institute for Security Cooperation, formerly known as the School of the Americas, the military training facility infamous for producing some of Latin America's most notorious human rights violators.

http://snipurl.com/sn0vz


From Information Clearing House



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Pensions: the Next Casualty of Wall Street

By Mark Brenner

Nobody wants to admit it, but the next casualty of the Wall Street meltdown will probably be your golden years.

http://www.informationclearinghouse.info/article23782.htm



Dollar Trouble

By Mike Whitney

The notion that the dollar will crash, has become an article of faith among doomsayers, Libertarians, survivalists, leftists and goldbugs. (I'm as guilty as anyone) But is the theory supported by the facts?

http://www.informationclearinghouse.info/article23771.htm



The Dollar: Dive or Survive

Real News

Leo Panitch: Lower dollar will harm developing countries; will offer little help to US workers.

http://www.informationclearinghouse.info/article23773.htm



2009 US Economy: Largest Transfer of Wealth to Financial/Political Elite in Global History

By Carl Herman

Political "leadership" of the two oligarchy parties spin their economic policy as being for the public benefit.

http://www.informationclearinghouse.info/article23775.htm



UK: 'Never has so much money been owed by so few to so many'

With City bonuses set to top £6bn this year, the Governor of the Bank of England echoes Churchill in devastating indictment of the banks.

http://snipurl.com/sn0yw


From Information Clearing House



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America's Phoney War in Afghanistan

By F. William Engdahl

One of the most remarkable aspects of the Obama Presidential agenda is how little anyone has questioned in the media or elsewhere why at all the United States Pentagon is committed to a military occupation of Afghanistan. There are two basic reasons, neither one of which can be admitted openly to the public at large.

http://www.informationclearinghouse.info/article23774.htm



The Lost History Of Hemland

By Adam Curtis

If you look beyond the soldiers, and into the distance, what you are really seeing are the ruins of one of the biggest technological projects the United States has ever undertaken. Its aim was to use science to try and change the course of history and produce a modern utopia in Afghanistan.

http://www.informationclearinghouse.info/article23777.htm



Sy Hersh: Military 'In War Against The White House'

By Susie Madrak

The army is also "in a war against the White House - and they feel they have Obama boxed in," Pulitzer Prize-winning reporter Seymour Hersh told several hundred people in Duke University's Page Auditorium on Tuesday night. "They think he's weak and the wrong color. Yes, there's racism in the Pentagon. We may not like to think that, but it's true and we all know it."

http://www.informationclearinghouse.info/article23783.htm



Pakistan Feels The American Raj

By Eric Margolis

The eight-year war in Afghanistan has now set Pakistan on fire. What began in 2001 as a supposedly limited American anti-terrorist operation in Afghanistan has now become a spreading regional conflict that involves the United States, Pakistan, Afghanistan, India, Iran and Russia.

http://www.informationclearinghouse.info/article23776.htm



The US Massacre at Al-Sukkariya

Attack on Syria Cover Up

By Real News

Erlich: The US massacre at Al-Sukkariya, Syria in 2008 was a clear violation of international law.

http://www.informationclearinghouse.info/article23772.htm



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