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"Democracy is a form of government that substitutes election by the incompetent many for appointment by the corrupt few" -- George Bernard Shaw
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 Henry Paulson, too many ‘solutions’ NO results!
budgie, Saturday, Oct 11 2008, 3:30am
So far the only skill Henry Paulson and his fellow Banker, Wall St., elites have demonstrated is their ability to completely dominate the clueless government of the USA; a government so dependent on criminal free marketeers that it continues to rob the public on their demand! (story and 2 comments and 1 image)
Last Commented Saturday, Oct 11 2008, 11:14am
international /
injustice/law /
commentary
'See how they run,' house of (derivative) cards ready to collapse!
nano, Friday, Oct 10 2008, 4:46am
From the absolute theocratic rule of Pharaohs through Rome’s military elites to the economic theorists of the modern era (Marx/Friedman) the failure of social groups and societies has less to do with flawed models than with ‘human frailty!’ Call it what you will but I prefer calling a spade a spade -- pig selfishness, greed and no regard for the less fortunate other. (story and 3 images)
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Market mayhem: that Old Black Magic ‘bailout’
yarra, Monday, Oct 6 2008, 8:21pm
The world’s leading, independent economists all stated it wouldn’t and couldn’t work -- what, the sheeple bleat? The very fast-tracked Paulson ‘bailout’ (for his fat cat mates!) But what of the poor sheeple screwed by rogues so perfectly? You were warned, COMPLACENCY comes at a PRICE, baa’aa! (story and 1 image)
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opinion/analysis
Quote of the Century
finch, Sunday, Oct 5 2008, 11:26am
In an attempt to smear his rival Barack Obama, John McCain referred to a flimsy connection between Obama and Bill Ayers, a founding member of the weather underground. McCain’s now infamous quote given in a television interview was mentioned in a NYT article this week (link below): “How can you countenance someone [Ayers] who was engaged in bombings that could have or did kill innocent people?” Good point, John! (story and 1 image)
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 Betrayed by the Bailout: The Death of Democracy
William Cox via reed, Saturday, Oct 4 2008, 11:21pm
On this date, October 3, 2008, the American people were betrayed by those whom they had elected to represent them. The members of Congress who voted for the Wall Street "bailout" violated their oath of office to "support and defend the Constitution" ... "that I will bear true faith and allegiance to the same" ... "and that I will well and faithfully discharge the duties of the office on which I am about to enter: ..." (story and 1 comment)
Last Commented Saturday, Oct 4 2008, 11:34pm
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other press
 Common denominator: 9/11 and the Bush Doctrine
quill, Saturday, Oct 4 2008, 10:52pm
Every branding, advertising and marketing trick in the book is employed by American neo-conservatives in their manic pursuit of world domination. Political destabilisation and promoting constant war are two well-known methods that Washington criminals employ. However, we should never forget that the first attack must necessarily be on language! (story and 1 attached file)
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Woman, 90, Shoots Self Inside Foreclosed Home
dingo, Saturday, Oct 4 2008, 12:29am
We have all been trained to ‘internalise’ social problems; however, in the OVERWHELMING majority of cases it is our RULERS/LEADERS that are at FAULT! For those who missed it previously we quote the following: “the fact the government prefers to bailout the criminal bankers and not the people gives license to the people to DEFAULT ON ALL LOANS IN PROTEST OF A CORRUPT, CRIMINAL AND INCOMPETENT GOVERNMENT that has lined its own pockets at the expense of the people and the nation!”
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other press
Angela Merkel: no credible response to Medvedev
BBC staff report via rialator, Friday, Oct 3 2008, 4:19am
German Chancellor, Agela ‘uber alles’ Merkel, responded to Russian President Medvedev’s pragmatism and realism with double standards and hypocrisy during talks in St Petersburg this week. Medvedev stated fact in relation to the demise of the USA as economic superpower and serious force in the region. Merkel, fully cognisant of the pipeline corridor/energy wars raging at present, responded with criticism of Russia’s actions in Georgia. She accused Russia of a “disproportionate” response to the unprovoked western-backed attack on innocent civilians in South Ossetia! Merkel may have been thinking of Germany’s clandestine role in the ILLEGAL secession of Kosovo when she added that Georgia's ‘territorial integrity’ "is non-negotiable!" (story and 2 images)
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The dead children of Iraq ensure defeat for the murdering USA
Eric Margolis via rialator, Friday, Oct 3 2008, 2:06am
Those Wall Street financial alchemists who turned garbage into gold must have helped John McCain prepare for his debate with Barack Obama last Friday. Senator McCain’s insistent claims that the US is winning the war in Iraq thanks to his "surge" strategy are the military-political equivalent of the junk securities that Wall Street’s shady financiers have been selling around the globe.
international /
peace/war /
other press
The age of Puppet Government and Mindless Masses
krill, Thursday, Oct 2 2008, 12:36am
Events relating to the questionable competence and integrity of Bankers, Financiers, Corporate CEOs and the muted reaction of the American public this week are astounding to say the least. Only a few weeks ago President George ‘Milton’ Bush and Republican presidential candidate, John ‘bomb bomb’ McCain, were extolling the virtues of the American economy and the free market system; both men constantly repeated a mantra claiming the American economy is “fundamentally strong!” However, in a matter of DAYS the ‘strong’ economy SUDDENLY became the ‘dire crisis’ economy; it is now beyond any argument that our current batch of politicians are clueless -- what day is it, gentlemen? It seems ‘polly’ is required to parrot new lines for her cracker this week!
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Black Monday Galore: A Speculator's Paradise
Michel Chossudovsky via reed, Tuesday, Sep 30 2008, 10:05pm
"Black Mondays" are potentially the source of windfall profits. The revenues to be derived by financial institutions, which not only have foreknowledge and inside information but also the ability to manipulate the market are enormous.
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US Congress rejects flawed bailout: think outside the 'box!'
nano, Tuesday, Sep 30 2008, 12:52am
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. (story and 2 comments and 1 attached file)
Last Commented Tuesday, Sep 30 2008, 8:34pm
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opinion/analysis
Bringing it ALL home!
finn, Sunday, Sep 28 2008, 11:34pm
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!’ (story and 1 image)
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America's Fall From Power
John Gray via rialator, Sunday, Sep 28 2008, 10:53am
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. (story and 1 image)
international /
imperialism /
other press
The end of Voodoo Economics
Ian Williams via reed, Sunday, Sep 28 2008, 8:45am
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." (story and 1 image)
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It’s done: Bankers win, YOU lose!
dingo, Sunday, Sep 28 2008, 12:36am
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! (story and 1 comment and 1 image)
Last Commented Sunday, Sep 28 2008, 12:06pm
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From Slaves to Fighters
gan, Saturday, Sep 27 2008, 2:31am
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. (story and 2 images)
international /
imperialism /
opinion/analysis
Only in America
yarra, Friday, Sep 26 2008, 9:51am
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. (story and 2 images)
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Banking and Wall St Racketeers EXPOSED!
finch, Tuesday, Sep 23 2008, 11:09pm
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. (story and 1 comment and 2 images)
Last Commented Wednesday, Sep 24 2008, 10:35pm
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Sarah Palin brandishes ‘phallic trophy:’ the symbolism is not lost
budgie, Tuesday, Sep 23 2008, 2:41am
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! (story and 1 image)
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