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 Oz financial Institutions freeze run on redemptions
peptide, Thursday, Oct 23 2008, 9:44am
Australian financial institutions give clearest indication yet that YOUR money/investments are beyond your control! Perhaps a gun to the head of a few directors and executives may clarify matters of ownership! (story and 1 image)
international /
social/political /
commentary
 Not so stupid!
dingo, Wednesday, Oct 22 2008, 11:18am
The now 100% divorced from reality U.S. president Bush, recently spoke with Russian, Chinese and Indian leaders in the hope he could marshal support for the financial crisis he and his ‘have mores’ created! Are you serious, you vacuum-headed retard? (story and 2 comments)
Last Commented Friday, Oct 24 2008, 7:04am
international /
social/political /
commentary
The Disease and the Cure – a practical strategy
Ed., Wednesday, Oct 22 2008, 8:18am
The articles that follow were written two and three years ago respectively; the first has proven to be an extremely accurate analysis and forecast; the second provides a simple but highly effective strategy for empowering the public and demonstrating that the most effective force for restoring social and economic balance/harmony is the people.
The people are lions raised as sheep; in times of crisis little effort is required to awaken and release the innate power of the masses. Historically, the people have always restored social equity and equilibrium. Robber barons, bankers and corporate racketeers beware!
international /
social/political /
opinion/analysis
Criminals at the top: It’s high time for accountability
finn, Tuesday, Oct 21 2008, 1:44am
In view of recent socio-economic and political history the title hardly requires elaboration. Nevertheless, prior to stating the obvious I would recount an experience from my student years.
During the course of a lively tutorial debate, someone stated, ‘it’s obvious’ – and ‘it’ was! However, the rigours of uni demanded proof, supporting evidence and references. I will never forget the response from the astute but unorthodox student; “to prove the ‘sky is blue’ is difficult, as it requires the challenger/sceptic to undertake certain actions to satisfy the challenge of ‘furnishing’ proof. In this instance I would simply ask the sceptic to lift his chin and take a good bloody look out the window at the blue sky!” The point being the onus is shared! (story and 1 comment)
Last Commented Tuesday, Oct 21 2008, 9:36am
international /
social/political /
opinion/analysis
One stable; two horse race
yarra, Sunday, Oct 19 2008, 10:40pm
As mindless Americans obsess over the STAGED race for the presidency they tend to overlook the simple fact that a two party system that requires hundreds of millions of dollars to function is the farthest thing from democratic process imaginable! A definition may be required for the Paris Hiltons of this world: DEMOCRACY is simply MAJORITY RULE via representative government – I lament the number of times this simple definition must be repeated! (story and 1 comment and 2 images)
Last Commented Monday, Oct 20 2008, 9:17pm
international /
social/political /
commentary
Pauslon proves to be bigger idiot than Bush
peptide, Saturday, Oct 18 2008, 11:41am
Is anyone really surprised? It is now clear that Treasury Secretary, Henry Paulson, has no idea how to stabilise the American economy, let alone revive it. In a matter of weeks he has gone from FAILED plans A, B then ‘XYZeee,’ with the result that he now makes Bush look intelligent! (story and 1 comment and 1 image)
Last Commented Saturday, Oct 18 2008, 12:08pm
international /
social/political /
commentary
US Banks Reap Whirlwind of Govt Spending
Adrianne Appel via rialator, Friday, Oct 17 2008, 7:35am
BOSTON, Oct 17 (IPS) - The George W. Bush administration handed 125 billion dollars to nine of Wall Street's richest banks, but this will do little to help the economy that is crumbling around ordinary U.S. citizens, independent experts and activists say.
international /
social/political /
other press
The Disease and the Cure
Kingfisher, Thursday, Oct 16 2008, 12:52am
The first signs of alarm and panic from filthy rich elites have begun to reach the public via the mass media – how such material slipped through editorial vetting is not known but what is known is that Rupert and his fellow media moguls are not happy. (story and 5 comments and 1 image)
Last Commented Monday, Oct 20 2008, 9:39pm
international /
social/political /
opinion/analysis
Does the bailout pass the smell test?
Paul Craig Roberts via rialator, Wednesday, Oct 15 2008, 7:47am
The explanation that has been given for the financial crisis does not match up with the solution that has been devised. Moreover, the windows into the crisis offered by the authorities are opaque rather than transparent. (story and 2 images)
international /
social/political /
other press
From a sniper’s journal
quin, Tuesday, Oct 14 2008, 1:53am
Training, skill, timing and DISCIPLINE are everything in our trade; we shoot to kill! You live because we allow it, our skill overrides all other arguments and considerations! No one is able to adequately defend against a professional – are you listening Mr ‘Cheney?’ (story and 2 images)
international /
social/political /
commentary
A $516 trillion derivatives 'time-bomb'
Margareta Pagano and Simon Evans via krill, Sunday, Oct 12 2008, 8:40am
The market is worth more than $516 trillion, (£303 trillion), roughly 10 times the value of the entire world's output: it's been called the "ticking time-bomb". It's a market in which the lead protagonists – typically aggressive, highly educated, and now wealthy young men – have flourished in the derivatives boom. But it's a market that is set to come to a crashing halt – the Great Unwind has begun. (story and 1 comment)
Last Commented Monday, Oct 13 2008, 7:06am
international /
social/political /
other press
'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)
international /
social/political /
commentary
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)
international /
social/political /
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)
international /
social/political /
commentary
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
international /
social/political /
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)
international /
social/political /
other press
Rudd: the most insignificant and internationally disregarded PM in Oz history
barra, Friday, Oct 3 2008, 11:29pm
After his revealing address to an almost empty chamber at the UN, Kevin ‘non-event’ Rudd has taken Australian recognition to an all-time low in the international arena.
His predecessor, John ‘aluminium tubing’ Howard could never be accused of insignificance, his rabid right wing, racist, contractive, slavish (to America) and cynical policies ensured that he would be noticed by the world, but for all the wrong reasons! The Tampa crisis, deportation of citizens, illegal invasive warfare, rabid racism, which culminated in the victimisation of dark skinned Indian Doctor Haneef, surrendering Australian nationals to Indonesian authorities to face execution and allowing Transnationals and Corporate CEOs to dictate policy in the running of the nation, especially Allan Moss and his Macquarie Group! (story and 1 image)
national /
social/political /
commentary
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)
international /
social/political /
commentary
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!
international /
social/political /
commentary
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
international /
social/political /
opinion/analysis
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