World-News

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MARIE COCCO

A Rebound Without Recovery

truthdig.com - Nothing deflates irrational exuberance like retailers who are practically giving stuff away to get people into their stores. This is how things look in the real economy, the one in which unemployment is 9.5 percent - the highest in 26 years - and is expected to rise. This is the economy of pay cuts and freezes, reduced hours and workers whose employers who have stopped contributing to 401(k) retirement plans.

http://caf.democracyinaction.org/dia/track.jsp?v=2&c=Rqi1PTrfYDRHgj2B%2F1t0NXrGjWG80%2Bcf



ROBERT KUTTNER

Wall Street On Speed

huffingtonpost.com - The New York Times recently reported that the latest scheme - or scam - on Wall Street is something called High Frequency Trading. There are a couple of possibilities of what is at work here. One is that Goldman and others are literally using privileged information to make trades ahead of markets, in which case they are committing a felony. The other possibility is that the Goldmans of the world have found themselves a nice loophole. But suppose that High Frequency Trading doesn't violate any law. It still is the essence of what's wrong with the recent metastasis of money markets into private game preserves for insider-traders.

http://caf.democracyinaction.org/dia/track.jsp?v=2&c=hRV3%2B1Ku0YZHgj2B%2F1t0NXrGjWG80%2Bcf



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Jason Leopold, Truthout: "Faced with impending defeat in a US District Court habeas corpus case, the Obama administration devised a new strategy for continuing the detention of Mohammed Jawad, an Afghani who may have been as young as 12 in 2002 when he allegedly wounded two US soldiers with a grenade. Justice Department lawyers announced Friday that they would transform Jawad's indefinite detention as an enemy combatant at Guantanamo Bay into a criminal case, thus negating the habeas corpus hearing in Washington, DC, where Judge Ellen Segal Huvelle had accused the government of 'dragging [the case] out for no good reason.'"

http://www.truthout.org/072809A?n



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Chris Matthews and guests characterize concerns about Obama, gun control, open borders, 9/11 and the Bilderberg Group as a mental illness

Paul Joseph Watson
Prison Planet.com
Tuesday, July 28, 2009

During a discussion of the Obama birth certificate controversy, MSNBC host Chris Matthews and his guests implied that anyone who questions the official 9/11 story, thinks the Bilderberg group are exercising power to create a world government, people who are worried about gun control and immigration, or even people who are merely skeptical of government, are psychologically insane.

http://www.prisonplanet.com/msnbc-implies-people-skeptical-of-government-are-psychologically-insane.html



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The Weekly Standard
by Fred Barnes

Is President Obama an economic illiterate? Harsh as that sounds, there’s growing evidence he understands little about economics and even less about economic growth or job creation. Yet, as we saw at last week’s presidential press conference, he’s undeterred from holding forth, with seeming confidence, on economic issues. Obama professes to believe in free market economics. But no one expects his policies to reflect the unfettered capitalism of a Milton Friedman. That’s too much to ask. Demonstrating a passing acquaintance with free market ideas and how they might be used to fight the recession — that’s not too much to ask. But the president talks as if free market solutions are nonexistent, and in his mind they may be... (for publication 08/03/09)

http://tinyurl.com/kwqlmc


Informant: Thomas L. Knapp



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The Obama administration is now blocking efforts by human rights investigators from the United Nations to interview detainees at the Guantánamo Bay prison.

http://www.wsws.org/articles/2009/jul2009/guan-j25.shtml


From Information Clearing House



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http://www.commondreams.org/view/2009/07/27



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http://www.ufppc.org/content/view/8876/


Informant: jensenmk

From ufpj-news



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Die Federal Reserve Bank of New York, die dafür verantwortlich ist, die US-Geldpolitik an den Finanzmärkten umzusetzen, hat sich ein offizielles Beraterteam aus Wall Street-Finanzmanagern organisiert.

http://www.heise.de/tp/blogs/8/142587



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