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 All stories
 US Congress rejects flawed bailout: think outside the 'box!' posted by nano, 2008-09-30 00:52:57
To say the market was surprised by the House’s rejection of the ‘bailout’ proposal on Monday would be putting it mildly; however, BIG Finance and BIG Banking were NOT surprised one bit! Even more surprising was the fact that Republicans (GOP) were largely responsible for the rejection of the Bill! You know them, ‘God is the free market!’ One could become a cynic overnight faced with such inversions and ideological backflips; however, a careful approach and focused eye reveals much. (full story and 2 comments)
social/political / international
  Bringing it ALL home! posted by finn, 2008-09-28 23:34:39
America and her allies are now reaping what they have sown. Would anyone but demented Americans imagine they would be immune from the consequences of their reckless actions? There was no avoiding the consequences of the drunken sailor spending of a clueless administration guided and controlled by the private interests that have pillaged, plundered and ruined not only the local economy but numerous foreign nations as well. From Kosovo, Central Asia to the resource wealth of Australia, the pigs gorged themselves like there was no tomorrow! And that is exactly the point – THERE IS ALWAYS A TOMORROW and NOBODY ‘gets out!’ (full story)
injustice/law / international
 America's Fall From Power posted by John Gray via rialator, 2008-09-28 10:53:37
Our gaze might be on the markets melting down, but the upheaval we are experiencing is more than a financial crisis, however large. Here is a historic geopolitical shift, in which the balance of power in the world is being altered irrevocably. The era of American global leadership, reaching back to the Second World War, is over. (full story)
imperialism / international
 The end of Voodoo Economics posted by Ian Williams via reed, 2008-09-28 08:45:21
Wall Street ideologues have been gambling our money and screwing us all. Now is a chance to correct their excesses.
As the all-too-often selectively quoted Adam Smith actually said: "All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind." (full story)
social/political / international
 It’s done: Bankers win, YOU lose! posted by dingo, 2008-09-28 00:36:10
Does it hurt when you sit down? No! Be assured it soon will. Wall Street thieves have been exonerated and the dumbarse sheeple will take it where they always have, right up the Khyber Pass/arse! Former CEO of Goldman Sachs, Hank Paulson, is the hero of Wall Street’s hustlers and racketeers today -- he did it! Champagne corks are popping as far away as Sydney but I fear it may be premature; Rosemary’s baby will be stillborn! (full story and 1 comments)
injustice/law / international
 From Slaves to Fighters posted by gan, 2008-09-27 02:31:16
Globalisation is not new it has been practised by European and Muslim Imperial powers for centuries. The African slave trade is perhaps the earliest example of economic globalisation. This dastardly trade was characterised by a number of separate nations and cultures cooperating to supply a valuable ‘resource’ around the globe – human beings commodified as SLAVE labour! I would emphasise that Christian and Muslim powers COOPERATED to enslave tribal Africans. (full story)
imperialism / international
 Only in America posted by yarra, 2008-09-26 09:51:39
Recent events in the USA relating to the economic meltdown highlight the old cliché, ‘only in America’ … is the population so subservient, passive, afraid and compliant that it accepts flagrant corruption and racketeering from the financial, banking and business sectors. It is not enough that fat cats wreak havoc on the quality of (American) life -- the clueless, puppet government on orders from the ruling private sector expect the overburdened American public to shoulder the entire responsibility for bailing out the Robber Barons who have destroyed the economy. (full story)
social/political / international
 Banking and Wall St Racketeers EXPOSED! posted by finch, 2008-09-23 23:09:50
Al Capone stated at the time of his arrest that he was a small fry criminal, he referred to bankers, businessmen and government as the biggest criminals in the land. Capone learned from his experiences as a hoodlum and his SYMBIOTIC relationship with those 'respectable authorities' who actually ran crime in the USA – organised crime cannot exist without corrupt officials, dishonest bankers and unscrupulous businessmen. (full story and 1 comments)
injustice/law / international
 Sarah Palin brandishes ‘phallic trophy:’ the symbolism is not lost posted by budgie, 2008-09-23 02:41:01
Holding a giant tube of ‘lipstick’ aloft there is no stopping this gutsy, all-American gal who is winning the hearts and subliminal minds of the American people. At present she is unbeatable; the democrats have no answer for the ‘Palin push,’ none whatsoever -- though an answer surely exists! (full story)
social/political / international
 From Laissez-faire to Autocracy posted by Mike Whitney via reed, 2008-09-22 03:05:44
These are dark times. While you were sleeping the cockroaches were busy about their work, rummaging through the US Constitution, and putting the finishing touches on a scheme to assert absolute power over the nation's financial markets and the country's economic future. Industry representative Henry Paulson has submitted legislation to congress that will finally end the pretense that Bush controls anything more than reading the lines from a 4' by 6' teleprompter situated just inches from his lifeless pupils. Paulson is in charge now, and the coronation is set for sometime early next week. He rose to power in a stealthily-executed Bankster's Coup in which he, and his coterie of dodgy friends, declared martial law on the US economy while elevating himself to supreme leader. (full story and 1 comments)
imperialism / international
 [Failed] Corporate State USA posted by Kingfisher, 2008-09-20 00:53:22
The past few decades have seen Corporate interests laying siege on western democracies and completely vanquishing the democratic process and representative government – Abe Lincoln’s government of the people by the people is finito! Today’s ‘democracies’ are government by the Corporations for the Corporations for the very privileged few! If you are beginning to feel uncomfortable, like a slave or chump all I can say is, “if the shoe fits ..!” (full story and 3 comments)
social/political / international
Privatising the Pentagon posted by Frida Berrigan via rialator, 2008-09-19 09:42:16
Seven years into George W. Bush's Global War on Terror, the Pentagon is embroiled in two big wars, a potentially explosive war of words with Tehran, and numerous smaller conflicts – and it is leaning ever more heavily on private military contractors to get by.
Once upon a time, soldiers did more than pick up a gun. They picked up trash. They cut hair and delivered mail. They fixed airplanes and inflated truck tires. Not anymore. All of those tasks are now the responsibility of private military corporations. In the service of the Pentagon, their employees also man computers, write software code, create integrating systems, train technicians, manufacture and service high-tech weapons, market munitions, and interpret satellite images. (full story)
social/political / international
 You’ve got three months, Malcolm, so far so good! posted by finch, 2008-09-18 12:50:23
We have refrained from writing stories relating to pathetic, subservient, dependent Australia, for obvious reasons -- it had promise once! However, the recent change of leadership in the opposition party was too great a temptation, especially in view of the preposterous lies and pretences that littered the new opposition leader’s opening speech. [Some explanation is required for American and international readers.] (full story and 2 comments)
social/political / national
 Nigerian rebels attack JUGULAR OF ENEMY! posted by nano, 2008-09-17 23:12:05
This is not a story on a fake terrorism war that targets nothing of strategic value – such as Bin Laden’s war of convenience. The reader will note Bush’s ‘Islamic terrorists’ only target symbolic not REAL (high value) targets -- after all, the forces behind the ‘long war’ do not wish their profits to be disrupted or to lose anything of REAL value! (full story and 1 comments)
social/political / international
 France set to replace failed Australia as ‘manager’ of Western Pacific posted by barra, 2008-09-17 02:42:15
We have seen Australia fail in Tonga, PNG, Vanuatu, Solomons, Fiji and of course the oil rich Timor-Leste – America and other nations view Oz’s ‘efforts’ in the region as lamentable, and rightly so! Would anyone expect any different from servile Prime Ministers, John Howard and Kevin Rudd – answer in a nutshell? (full story and 2 comments)
imperialism / international
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