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| "The price of ignorance is slavery"
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"Freedom is the right to tell people what they do not want to hear" -- George Orwell
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 Bernanke applies liquid palliative while Real Economy continues to flounder
Mike Whitney via fleet, Saturday, Dec 12 2009, 5:31pm
The Fed's monetary intervention has created a bifurcated market. Stocks rise on an ocean of central bank liquidity while the real economy continues to languish in a small "d" depression. The disparity between financial markets and the underlying "productive" economy has never been greater. Nor has the "wealth gap", the gross inequality exacerbated by decades of "monetarist" supply side policies. Bernanke simply has no other choice but to try to inflate another gigantic bubble that will lift the economy from the doldrums on a speculative wave of zero-rate liquidity. The problem is, according to Bernanke himself, the strategy is not working.
international /
miscellaneous /
other press
 Prevailing against hate and fear
fray, Friday, Dec 11 2009, 10:36pm
Decades of hate, fear and division cured ... (story and 1 image)
international /
prose/poetry /
literature
USA Refuses to Allow UN Inspectors to Investigate its WMDs!
AFP via rann, Friday, Dec 11 2009, 6:01pm
PROOF incontrovertible! It's all out in the open NOW!
The world's leading civilian killing (therefore TERRORIST) nation persistently refuses to comply with International Law and Convention -- Balkans and South Asia -- is anyone really surprised that America now clarifies its ROGUE STATUS by denying UN weapons inspectors access to its WMD sites? (story and 1 image)
international /
peace/war /
other press
FUCK Yoo!
Bob Egelko via stan, Tuesday, Dec 8 2009, 7:33pm
The ‘HOPE and CHANGE’ (ROFL) administration of Corporatist PUPPET Barack Obaa’ma has intervened in the case against former Bush legal advisor, John Yoo, the man who LEGITIMISED TORTURE (for God’s sake) and left an indelible stain on a once proud and MORAL nation! The US had an opportunity to demonstrate to the world that it was serious about criminal reform in high office but lost out to the rancorous, corrupt ruling elite that control Washington. (story and 1 image)
international /
human rights /
other press
Copenhagen: the 'FIX' is in -- Corporatist sham EXPOSED!
John Vidal via fish, Tuesday, Dec 8 2009, 6:48pm
The UN Copenhagen climate talks are in disarray today after developing countries reacted furiously to leaked documents that show world leaders will next week be asked to sign an agreement that hands more power to rich countries and sidelines the UN's role in all future climate change negotiations. (story and 1 comment)
Last Commented Wednesday, Dec 9 2009, 6:00pm
international /
environment /
other press
Remembering Patrice Lumumba
Danny Schechter via reed, Tuesday, Dec 8 2009, 8:26am
I came to the Congo in search of its future and instead found myself marching down memory lane. On Thursday we went to the Museum of Beaux Arts, really a school for teaching sculpture, a subject close to me because my late dad sculpted in stone and wood as a hobby. (story and 1 comment and 2 images)
Last Commented Wednesday, Dec 9 2009, 9:44pm
international /
social/political /
other press
Trickle-up Economics
Paul Craig Roberts via fleet, Saturday, Dec 5 2009, 10:38pm
Goldman Sachs senior executives are arming themselves with New York gun permits, according to Alice Schroeder on Bloomberg.com. The banksters “are now equipped to defend themselves if there is a populist uprising against the bank.”
international /
social/political /
other press
 The Audacity of Ethnic Cleansing
Mike Whitney via reed, Saturday, Dec 5 2009, 8:46pm
"Today, we Afghans remain trapped between two enemies: the Taliban on one side and US/NATO forces and their warlord hirelings on the other." -- Malalai Joya (story and 2 comments and 1 image and 1 attached file)
Last Commented Tuesday, Dec 8 2009, 7:30am
international /
imperialism /
other press
 Dream walls, Illusory fears
wisp, Friday, Dec 4 2009, 8:25pm
Paper Tigers and Straw Dragons (story and 2 comments and 1 audio file)
Last Commented Monday, Dec 7 2009, 5:18pm
international /
prose/poetry /
literature
Currency Warfare -- Review of Financial Markets
Bob Chapman via stan, Thursday, Dec 3 2009, 8:49am
This past week was one of utmost turmoil in world markets. In the midst of an American holiday, Dubai faced bankruptcy for approx. $100 billion. Another unsuspected untoward event. The exposure of the Dubai event coming as it did could have been discovered at any given time, thus, we question the timing. We can understand why the London market was off some 300 Dow points, but exposure to Dubai was very limited in Europe, the US and in Asia. Could it have been an excuse to take down the US and European markets and gold and silver? We do not know, but we have come to question everything that happens. (story and 1 image)
international /
imperialism /
other press
ETS PM, Kevin Rudd, exposed as Corporate Lackey and LIAR
AAP wire via fleet, Thursday, Dec 3 2009, 12:34am
It is no secret today that Capitalism’s last, desperate pitch to survive depends on (grossly unfair) Carbon Trading/Emission Schemes. Not surprisingly the Corporate world has dispatched their LACKEY politicians to implement Carbon Trading schemes in the respective nations in which they hold sway. However, schemes that disadvantage the average person with CRUSHING additional TAXES while COMPENSATING Industry/Big Business for polluting, may prove a very hard sell to say the least – one national leader EXPOSED, who’s next? (story and 1 image)
international /
environment /
other press
Washington dictates policy to PISSWEAK Oz PM, ‘Krudd’
snowy, Monday, Nov 30 2009, 6:18pm
The Australian PM’s subservience to Washington is sickening; Oz has had enough of spineless, servile ‘leaders’ kow-towing to Washington’s every whim! Kevin Rudd has not the skill to recover from the deep disaffection almost all Australians feel over ‘his’ latest decision to increase numbers of Aussie personnel – following increased troop numbers -- to Afghanistan. The guts of the nation turned today in total DISGUST and dismay; Australia and the ENTIRE WORLD HAVE HAD ENOUGH OF MASS MURDERING AMERICA and its FLAGRANTLY CRIMINAL WARS! (story and 1 image)
international /
social/political /
commentary
Dawn
fray, Friday, Nov 27 2009, 6:22pm
Where would a soul seek refuge? (story and 1 audio file)
international /
prose/poetry /
literature
‘George W Obama’ ready to Escalate illegal Afghan War
sparrow, Tuesday, Nov 24 2009, 6:40pm
‘Chaw’ on that you gullible, mindless, ‘sepo,’ MORONS! Picture it – Jethro, Earl, Virgil and Joe the plumbing fuckwit, all out on the front porch whittlin’ away, chawin' baccie and getting a good dose of ‘HOPE and CHANGE’ right up the arse – you screaming idiots! (story and 1 comment and 2 images)
Last Commented Tuesday, Nov 24 2009, 8:52pm
international /
peace/war /
commentary
You can’t have your slave and whip him too!
birdie, Monday, Nov 23 2009, 7:01pm
All attempts by puppet governments to implement carbon trading (ETS) are doomed to failure for a very simple reason; their ‘solution' is the problem! Allow me to clarify – every man and his dog is aware that Criminal Corporatists are responsible for the collapse of the global economy and that laissez-faire Capitalism is the ideological cause of all our current woes. YET the imbeciles and CRIMINALS that perpetrated this global economic horror desire to ‘trade’ -- MAKE MONEY -- from pollution via Carbon Trading! The solution is the problem, do you get it now? (story and 1 comment)
Last Commented Tuesday, Dec 1 2009, 6:40am
international /
environment /
opinion/analysis
U.S. stages coup to avoid $12 Trillion national DEBT Obligations!
The Onion via captain poopet, Sunday, Nov 22 2009, 5:42pm
The world is aware that America has no intention of meeting its $12 trillion debt obligations -- how does it feel China? You had your chance. [Suckers!]
international /
miscellaneous /
other press
Second Wave of Financial Tsunami likely to HIT in 2010
Matthias Chang via reed, Sunday, Nov 22 2009, 5:07pm
"The policy-makers of these countries faced with the total collapse of the international financial architecture have concluded that the solution, the only solution is quantitative easing (i.e. massive injection of liquidity) to salvage the “too big to fail” banks and (re)inflate their depressed economies. This is best reflected in Bernanke’s candid remark that, “the US government has a technology, called the printing press (or today, its electronic equivalent), that allows it to produce as many US dollars as it wishes at essentially no cost”.
This is the crux of the problem!"
international /
social/political /
other press
Oz Poetry
lark, Saturday, Nov 21 2009, 7:53pm
From high hidden valleys to windy sandstone plateaus; Oz verse, dreaming, is one with the Land and all its people. (story and 1 audio file)
international /
prose/poetry /
literature
WE fight because ....
David DeGraw via quill, Saturday, Nov 21 2009, 4:56pm
If its not time NOW then WE would have lost EVERYTHING to the rogues, murderers and thieves that today control our governments!
international /
social/political /
other press
"Global Economic Collapse"
Ambrose Evans-Pritchard via fleet, Thursday, Nov 19 2009, 6:45pm
Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction. (story and 2 attached files)
international /
social/political /
other press
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