World-News

http://www.lewrockwell.com/paul/paul565.html

Health Debate Produces Angry Protests, Angry Retorts
http://www.lewrockwell.com/spl/health-debate.html



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By Dan Kennedy

An antiwar activist has been accused of spying for the US army, raising legal questions the Obama administration must answer.

http://informationclearinghouse.info/article23207.htm



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By Daniel Ellsberg

I sensed almost right away, in August 1945 as Hiroshima and Nagasaki were incinerated, that such feelings-about our president, and our Bomb-separated me from nearly everyone around me, from my parents and friends and from most other Americans. They were not to be mentioned.

http://informationclearinghouse.info/article23206.htm



The Great Hiroshima Cover-Up

And the Nuclear Fallout for All of Us Today

By Greg Mitchell

I was told by people in the Pentagon that they didn't want those [film] images out because they showed effects on man, woman and child....They didn't want the general public to know what their weapons had done.

http://informationclearinghouse.info/article23208.htm



Hiroshima, Nagasaki Atom Bombs Was Right Decision
According To Majority Of Americans: Poll

By John Christoffersen

The poll, released Tuesday, found 61 percent of the more than 2,400 American voters questioned believe the U.S. did the right thing. Twenty-two percent called it wrong and 16 percent were undecided.

http://informationclearinghouse.info/article23209.htm



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Al Yoon, Reuters: "The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday. Home price declines will have their biggest impact on prime 'conforming' loans that meet underwriting and size guidelines of Fannie Mae and Freddie Mac, the bank said in a report."

http://www.truthout.org/080609E?n



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Dahr Jamail and Jason Coppola, Truthout: "The process of brainwashing and desensitization by the military begins affecting children in the US from a very early age. It is not insignificant that little boys wear camouflage and run around playing with toy guns whenever they get an opportunity."

http://www.truthout.org/080609A?n



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The authors writing as Favilla for France's premier business paper, Les Echos, use an ancient fable to try to understand Wall Street's "incorrigible obsession with bonuses, which has resumed like a wildfire."

http://www.truthout.org/080509V?n



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Jeffrey Kaye, Truthout: "A well-known spokesman for ethical interrogations by psychologists in national security settings was himself accused in 2001 of unethical behavior for his part in the interrogation of a suspect in an espionage case."

http://www.truthout.org/080509U?n



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Lawrence S. Wittner, Truthout: "This August, when hundreds of Hiroshima Day vigils and related antinuclear activities occur around the United States, many Americans will wonder at their relevance. After all, the nuclear danger that characterized the Cold War is now far behind us, isn't it? Unfortunately, it is not."

http://www.truthout.org/080509R?n



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LewRockwell.Com
by Llewellyn H. Rockwell, Jr.

08/06/09

Now, I’m not saying that Reagan was laissez-faire or that the economic recovery didn’t owe something to a newly fashioned form of military Keynesianism. Rather, my focus here is on the spin: the press hated him, and exaggerated the failings of the economic structure in order to destroy policies it hated. The contrast with the Obama administration can’t be more stark. No one in these ranks said that malinvestments have to be washed out of the system and bankruptcies and unemployment must be tolerated for a time in order to get back on a growth. Nay, nay, they pulled out the old bag of tricks and claim that they only needed to loot the public of hundreds of billions and spend it on building up government, and then, wow, like magic, the entire economy would come back to life. But it hasn’t...

http://www.lewrockwell.com/rockwell/obama-economy125.html



The worst is over … unless it isn’t

Daily Reckoning
by Ian Mathias

08/04/09

‘Collapse, I think, is now off the table,’ said Alan Greenspan over the weekend, pedal to the metal. ‘I’m pretty sure we’ve already seen the bottom … it’s clear that we’ve turned, perhaps in the middle of last month, the middle of July.’ ‘I do think it is possible that we could get a second wave down,’ he cautioned, literally seconds later. ‘But the important issue is if we don’t — and I think the probability is that we won’t — that we are close to stabilization.’ So the worst is over, unless it gets bad again. The major media’s singing the same tune...

http://dailyreckoning.com/the-worst-is-over-unless-it-isnt/



Why default on US Treasuries is likely

Library of Economics and Liberty
by Jeffrey Hummel

08/03/09

Almost everyone is aware that federal government spending in the United States is scheduled to skyrocket, primarily because of Social Security, Medicare, and Medicaid. Recent ’stimulus’ packages have accelerated the process. Only the naively optimistic actually believe that politicians will fully resolve this looming fiscal crisis with some judicious combination of tax hikes and program cuts. Many predict that, instead, the government will inflate its way out of this future bind, using Federal Reserve monetary expansion to fill the shortfall between outlays and receipts. But I believe, in contrast, that it is far more likely that the United States will be driven to an outright default on Treasury securities, openly reneging on the interest due on its formal debt and probably repudiating part of the principal...

http://www.econlib.org/library/Columns/y2009/Hummeltbills.html#


Informant: Thomas L. Knapp



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