World-News: USA

USA

Seth Wessler, In These Times: "Last week, CNN reported that Obama's foreclosure prevention plan - the one that was supposed to keep millions of Americans in their homes by giving banks incentives to refinance mortgages - has not worked. In fact, just six percent of eligible households have received assistance. The impact of this failure is catastrophic, as millions of homeowners continue to slide into foreclosure. People of color have been hit hardest by the crisis, facing disproportionate rates of foreclosure as well as higher levels of unemployment. The recession has deepened the racial divide."

http://www.truthout.org/090909W?n

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Don't Get Rolled by Corporate Greed
http://www.commondreams.org/video/2009/09/09-1

'The Slave Next Door: Human Trafficking and Slavery in America Today'
http://www.commondreams.org/video/2009/09/09-0

http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=racial+divide
http://freepage.twoday.net/search?q=slavery
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=Seth+Wessler

rudkla - 10. Sep, 08:48

Mittwoch, 9. September 2009

Is Obama Tossing Out the Constitution With His New Anti-Terror Plan?

"NOW," PBS: "Closing Guantanamo Bay's prison will do little to close the debate on what we should do with alleged terrorists. 'NOW,' as part of a collaboration with the nonprofit investigative unit ProPublica, investigates the controversial tactic of 'preventative detention,' a government plan that may detain suspects indefinitely without trial or even formal charges."

http://www.truthout.org/090909G?n

http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Guantanamo
http://freepage.twoday.net/search?q=preventative+detention

rudkla - 9. Sep, 22:21

Spanish judge resumes torture case against six senior Bush lawyers

The Spanish newspaper Público reported exclusively on Saturday that Judge Baltasar Garzón is pressing ahead with a case against six senior Bush administration lawyers for implementing torture at Guantánamo.

http://snipurl.com/rodi0

From Information Clearing House

http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=Guantanamo

rudkla - 9. Sep, 13:55

The next financial crisis

The New Republic
by Peter Boone and Simon Johnson

09/05/09

[T]he Fed may well have mitigated our current crisis by sowing the seeds for the next one. All modern economies need a financial system that can connect people who want to save with those who have good investment projects. This is essentially what banks do. But, unfortunately, this process often goes wrong. And that is precisely what is happening now. Our banks have gotten into the habit of needing to be rescued through repeated bailouts. During this crisis, Bernanke — while saving the financial system in the short term — has done nothing to break this long-term pattern; worse, he exacerbated it. As a result, unless real reform happens soon, we face the prospect of another bubble-bust-bailout cycle that will be even more dangerous than the one we’ve just been through. If you’ve studied U.S. economic history, none of this will come as a surprise...

http://www.tnr.com/article/economy/the-next-financial-crisis

Informant: Thomas L. Knapp

http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=bubble
http://freepage.twoday.net/search?q=Peter+Boone

rudkla - 9. Sep, 13:49

'A Free People Will Not Permit Torture'

By Ramsey Clark

Fear is the principal element in both public acceptance of torture and individual submission to it. The frightened public is persuaded that only torture can force confessions essential to prevent catastrophic acts-terrorism in the present context. The frightened victim is persuaded torture will be unbearable, or be his death.

http://www.informationclearinghouse.info/article23448.htm

"We're The Children Of Barnum & Bailey"

By Bill Moyers

Forget what you learned in civics about the Founding Fathers - we're the children of Barnum and Bailey, our founding con men. Their freak show was the forerunner of today's talk radio.

http://www.informationclearinghouse.info/article23450.htm

http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=Ramsey+Clark
http://freepage.twoday.net/search?q=Moyers

rudkla - 9. Sep, 13:37

Top Chinese official signals move away from dollar

U.S. Dollar Falls Sharply Across The Board

The U.S. dollar fell sharply against most of its major rivals on Tuesday, as commodity prices and global equities posted gains.

http://www.foxbusiness.com/story/dollar-falls-sharply-board/

UN Says New Currency Is Needed to Fix Broken 'Confidence Game'

The dollar's role in international trade should be reduced by establishing a new currency to protect emerging markets from the "confidence game" of financial speculation, the United Nations said.

http://www.bloomberg.com/apps/news?pid=20601068&sid=aSp9VoPeHquI

Top Chinese official signals move away from dollar

The Chinese are becoming increasingly wary of the growing supply of U.S. dollars, leading the head of the nation's green energy initiatives to signal a move away from dollar reserves and toward, gold, euros and yen, according to a published report.

http://rawstory.com/08/news/2009/09/07/china-objects-to-dollars-growing-liquidity/

4 Signs that China is Moving Out of the Dollar

The U.S. Treasury Department revealed that China actually REDUCED its note and bond holdings by $25 billion in June. Although China did NOT sell shorter-term Treasury bills - and isn't expected to - it's still the largest amount of Treasuries China has ever sold in a single month.

http://www.washingtonsblog.com/2009/09/3-signs-that-china-is-moving-out-of.html

More US wealthy opt to surrender their citizenship

As offshore havens comply with transparency demands, a growing number of ultra-wealthy Americans are handing back their passports.

http://www.wealth-bulletin.com/rich-life/rich-monitor/content/1054959505/

Fed: Consumers Slash Debt by Record $21.6B in July

The Federal Reserve reported Tuesday that consumers ratcheted back their credit by a larger-than-anticipated $21.6 billion from June, the most on records dating to 1943.

http://www.foxnews.com/politics/2009/09/08/fed-consumers-slash-debt-record-b-july/

Van Jones decries 'lies and distortions,' quits as Obama's environmental advisor

Jones says he has become a distraction to the administration's healthcare agenda because of his videotaped insult of Republicans and his signature on a petition suggesting a 9/11 conspiracy.

http://snipurl.com/rodkf

From Information Clearing House

http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=healthcare
http://freepage.twoday.net/search?q=9/11

rudkla - 9. Sep, 11:48