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Balkan Wars and Western Propaganda posted by Edward S. Herman via rialator, 2008-10-31 08:40:14
Marlise Simons, the New York Times' main reporter on the Milosevic trial and International Criminal Trial for the Former Yugoslavia (ICTY), has had a difficult year. Perhaps most painful was the disclosure that in 1999 the Kosovo Albanian KLA sent as many as 300 captive Serbs to Albania to be killed and their internal organs "harvested" for sale abroad; a matter barely mentioned in the New York Times (see below). I was sorely tempted to write to Marlise Simons and offer her my sympathies, "Marlise, if only the villains in this case were Serbs, what a fine front page article you could have had!" (full story)
injustice/law / international


American Hegemony Bites The Dust posted by Paul Craig Roberts via rialator, 2008-10-29 09:52:10
"We're an empire now, and when we act, we create our own reality. And while you're studying that reality -- judiciously, as you will -- we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors . . . and you, all of you, will be left to just study what we do." -- Bush White House aide explaining the 'New Reality.' (full story)
imperialism / international


U.S. threatens to halt services to Iraq without troop accord posted by Roy Gutman and Leila Fadel via reed, 2008-10-27 23:19:27
[The latest hair-brain tactic of the US mass murdering military is to threaten the cessation of services to Iraq by January 1st, if the Iraqi puppet government does not comply with US DEMANDS, brilliant! China and Russia are waiting patiently in the wings for an invitation to do business in a civilised manner. Neither superpower feels the need to murder over one million INNOCENT civilians in order to develop Iraq's valuable resources. By all means, yankee doodle moron, CEASE ALL SERVICES AND FUCK OFF!] (full story and 1 comments)
social/political / international


How the Banksters are Making a Killing Off the Bailout posted by Pam Martens via fleet, 2008-10-21 09:26:29
In 1897, when 8-year old Virginia O’Hanlon posed her Santa Claus query to the New York Sun, she received a heart-warming editorial response reassuring her that “He exists as certainly as love and generosity and devotion exist….” Today, we hand our 8 year olds a $13 trillion national debt while our Congress hands Wall Street banksters the national purse without so much as a hearing to determine the cause of the debt collapse. Worse still, the money is doled out to the very same individuals who leveraged their institutions to casino status. (full story)
injustice/law / international


"Armageddon" Prices Fail to Lure Buyers Amid Selling posted by Pierre Paulden and Caroline Salas via reed, 2008-10-20 23:07:17
Oct. 17 (Bloomberg) -- Credit markets have fallen so far that they are providing a "once in a lifetime opportunity,'' and investors are still selling. Prices of loans rated below investment grade declined to a record low 66.1 cents on the dollar, virtually guaranteeing investors get their money back, based on historical recovery rates, according to data compiled by Standard & Poor's. Yields on corporate bonds show investors expect 5.6 percent of the market to go bust, the highest default rate since the Great Depression, according to Christopher Garman, chief executive officer of debt research firm Garman Research LLC in Orinda, California. (full story)
miscellaneous / international


A journey into Taliban-controlled Afghanistan posted by Nir Rosen via krill, 2008-10-20 01:39:37
"The Russians were stronger than the Americans, more fierce. We will put the Americans in their graves." (full story)
imperialism / international


Maybe U.S. needs yard sale posted by Eric Margolis via reed, 2008-10-19 01:16:19
At the end of Second World War the British Empire still ruled nearly a quarter of the globe. But the war bankrupted Britain. Its once mighty empire quickly collapsed and the United States inherited much of the British Imperium. Six decades later the United States is close to bankruptcy thanks to a national orgy of borrowing, the replacement of manufacturing by financial manipulation, ruinous foreign wars and a government whose stunning incompetence and arrant stupidity was exceeded only by its reckless imperial arrogance. (full story)
imperialism / international


US Banks Reap Whirlwind of Govt Spending posted by Adrianne Appel via rialator, 2008-10-17 07:35:39
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. (full story)
social/political / international


Elvis Christ Does the bailout pass the smell test? posted by Paul Craig Roberts via rialator, 2008-10-15 07:47:59
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. (full story)
social/political / international


A $516 trillion derivatives 'time-bomb' posted by Margareta Pagano and Simon Evans via krill, 2008-10-12 08:40:35
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. (full story and 1 comments)
social/political / international


Betrayed by the Bailout: The Death of Democracy posted by William Cox via reed, 2008-10-04 23:21:44
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: ..." (full story and 1 comments)
social/political / international


Common denominator: 9/11 and the Bush Doctrine posted by quill, 2008-10-04 22:52:10
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! (full story)
social/political / international


Woman, 90, Shoots Self Inside Foreclosed Home posted by dingo, 2008-10-04 00:29:01
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!” (full story)
injustice/law / international


The dead children of Iraq ensure defeat for the murdering USA posted by Eric Margolis via rialator, 2008-10-03 02:06:42
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. (full story)
peace/war / international


Black Monday Galore: A Speculator's Paradise posted by Michel Chossudovsky via reed, 2008-09-30 22:05:46
"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. (full story)
injustice/law / international


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