2008-10-27 Richard Moore The IMF is reported to have agreed in principle to provide Pakistan with $9.6 billion over three years, including immediate assistance of $4 to $5 billion, but only if Islamabad agrees to certain stringent conditions. These are said to include IMF oversight of the Finance Ministry, massive cuts in government expenditures, and … Read more
2008-10-27 Richard Moore http://links.org.au/node/693 Latin America: In support of regional integration and a partial delinking from the world capitalist market By Eric Toussaint, translated by Federico Fuentes for Links International Journal of Socialist Renewal October 8, 2008 — The economic and financial crisis, whose epicentre is found in the United States, has to be utilised … Read more
2008-10-27 Richard Moore The official said that Pakistan’s civilian government had been moved to act in part by large-scale terrorist attacks in Pakistan, like the Sept. 20 bombing at the Marriott Hotel in Islamabad, which killed more than 50 people… … and which was probably carried out by US Marines. http://www.nytimes.com/2008/10/27/washington/27intel.html October 27, 2008 U.S. … Read more
2008-10-27 Richard Moore Meet the World’s New Reserve Currency: The Chinese Yuan By Mike Whitney http://www.informationclearinghouse.info/article21090.htm October 25, 2008 “Information Clearinghouse” — Things are getting worse. On Friday morning, futures trading was halted for the first time ever after futures plunged more than 5 percent. The sell-off came after another 500-plus down day on the … Read more
2008-10-27 Richard Moore Published on Friday, June 20, 2008 by Mother Jones Who Benefits From High Food Prices? by Nomi Prinshttp://www.commondreams.org/archive/2008/06/20/9772 Last week, new consumer price data released by the US Labor Department confirmed what most shoppers already suspected: Food prices, which took their biggest one-month leap in nearly two decades in April, rose even … Read more
2008-10-26 Richard Moore “This is an agreement which takes Iraq out of direct occupation and puts it under colonialism with the help of the government of Iraq. It only serves the occupier,” said Rubaie, who is also an MP. That view was echoed across the political spectrum. Politicians also pointed out that they saw no … Read more
2008-10-26 Richard Moore The global food crisis has been brought about by the globalization of markets. Hence, as usual, the Washington Post calls for more of the same… Wheat futures for December delivery closed at $5.1625 on Friday — down 62 percent from a record set in February. Corn futures are down 53 percent from their … Read more
2008-10-26 Richard Moore http://www.nytimes.com/2008/10/26/world/europe/26mayor.html October 26, 2008 KREMLIN RULES Mayor of Moscow Exports Russia’s New Nationalism By CLIFFORD J. LEVY TSKHINVALI, Georgia — On a clearing in this disputed city, where enemy homes were bulldozed after the conflict in August, Mayor Yuri M. Luzhkov promised this month to build a new neighborhood for the South … Read more
2008-10-26 Richard Moore When October’s job losses are announced on Nov. 7, three days after the presidential election, many economists expect the number to exceed 200,000. The current unemployment rate of 6.1 percent is likely to rise, perhaps significantly. http://www.nytimes.com/2008/10/26/business/26layoffs.html October 26, 2008 Spending Stalls and Businesses Slash U.S. Jobs By LOUIS UCHITELLE As the … Read more
2008-10-26 Richard Moore “It’s like we’re walking blind in a minefield,” said Prof Roubini. “Every situation has become risky and no one can trust each other. The banks are too big to be allowed to fail, but they’re also too big to save.” http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3248965/GLG-chief-Emmanuel-Roman-warns-thousands-of-hedge-funds-on-brink-of-failure-financial-crisis.html http://tinyurl.com/58m262 GLG chief Emmanuel Roman warns thousands of hedge funds on … Read more
2008-10-26 Richard Moore http://www.newscientist.com/blogs/shortsharpscience/2008/10/packs-of-robots-will-hunt-down.html October 22, 2008 6:00 PM Packs of robots will hunt down uncooperative humans The latest request from the Pentagon jars the senses. At least, it did mine. They are looking for contractors to provide a “Multi-Robot Pursuit System” that will let packs of robots “search for and detect a non-cooperative human”. … Read more
2008-10-26 Richard Moore http://www.opednews.com/articles/What-Do-You-See-by-Nikki-Alexander-081016-74.html What Do You See? by Nikki Alexander www.opednews.com How would your mind perceive the following sequence of events if you were watching this unfold in another country? Supreme Court judges betray their oath and prevent votes from being counted in a national election to install an unelected president. (Coordinated nationwide election … Read more
2008-10-25 Richard Moore http://seattlepi.nwsource.com/opinion/384494_creditunion23.html http://seattlepi.nwsource.com/opinion/384494_creditunion23.html Credit unions put members first Last updated October 22, 2008 4:44 p.m. PT By ERIC BOWMAN GUEST COLUMNIST With the global finance system teetering, governments struggling to respond and market participants flailing, one thing has become reassuringly clear: the more conventional the financial institution, the healthier. Credit unions are one … Read more
2008-10-25 Richard Moore http://www.wsws.org/articles/2008/oct2008/germ-o25.shtml World Socialist Web Site wsws.org European auto industry in crisis By Ulrich Rippert 25 October 2008 On Thursday, the German stock exchange fell dramatically as auto manufacturers announced substantial job cuts and austerity measures. According to media reports, Volkswagen plans to cut up to 25,000 temporary staff and contract workers. Management … Read more
2008-10-25 Richard Moore We seeing “the collapse of a 300 year Ponzi scheme. All the king’s men cannot put the private banking system together again, for the simple reason that (it’s) reached its mathematical limits.” It needs new borrowers but doesn’t have them. This racket has gone on for 300 years “ever since the founding … Read more
2008-10-25 Richard Moore Begin forwarded message: From: The Editor <•••@••.•••> Date: October 24, 2008 1:39:23 PM GMT+01:00 To: •••@••.••• Subject: Economic 1001 – Interesting Times Reply-To: •••@••.••• (And you know you should) Economics 101 – Interesting times by William Bowles • Friday, October 24, 2008 12:50 ‘May you live in interesting times’, traditional Chinese curse Being raised in … Read more
2008-10-25 Richard Moore http://www.reuters.com/article/companyNewsAndPR/idUSPEK466920081024 U.S. has plundered world wealth with dollar -China paper Fri Oct 24, 2008 1:59am EDT BEIJING, Oct 24 (Reuters) – The United States has plundered global wealth by exploiting the dollar’s dominance, and the world urgently needs other currencies to take its place, a leading Chinese state newspaper said on Friday. … Read more
2008-10-25 Richard Moore http://news.goldseek.com/GoldenJackass/1224791251.php USDollar Death Dance By: Jim Willie CB, GoldenJackass.com — Posted Thursday, 23 October 2008 | Digg This Article | Source: GoldSeek.com The USDollar rally in the last several weeks has been remarkable. At closer examination, it highly resembles a spurt prior to death. Imagine an old man who just had a … Read more
2008-10-24 Richard Moore http://www.countercurrents.org/kantar241008.htm The Opium Of The Masses By Max Kantar 24 October, 2008 Countercurrents.org This November, Americans face a choice. But the choice not between John McCain or Barak Obama; it is between submitting to the will of the corporate-military establishment or taking a moral stand in boycotting their rigged institutions of fake … Read more
2008-10-24 Richard Moore http://www.silverbearcafe.com/private/10.08/tshtf1.html Lessons from Argentina’s economic collapse Esteban Morales (Editor’s note: the article that follows is a very sobering account of the effect that the collapse of the Argentine economy (1999 – 2002) had on its citizens, as seen through the eyes of one of them. The economic collapse wiped out the … Read more
2008-10-24 Richard Moore The U.S. government joined with the nations of Europe in planning a series of economic summits to explore global financial solutions. President Bush will host the first summit in Washington , D.C. , on November 15, after the U.S. presidential election. Perhaps they’re hoping to create a global Central Bank, … Read more
2008-10-24 Richard Moore The Italian economy was already heading for recession before the banking crisis. Now it has virtually ground to a halt. In preparation to face the inevitable growth of mass opposition, Welfare Minister Maurizio Sacconi recently announced plans to reform labour laws to “regulate” strikes, by forcing unions to poll members before staging … Read more
2008-10-24 Richard Moore http://www.countercurrents.org/corseri231008.htm The Challenger Disaster, Financial Collapse And Viable Solutions By Gary Corseri 23 October, 2008Countercurrents.org An interview with Richard C.Cook GC: Just a little background: I was reading your articles on the Web, with much interest, getting a lot of information; then, I was pleased to find your favorable comments on something … Read more
2008-10-24 Richard Moore http://www.truthout.org/article/102308A http://www.democracynow.org/2008/10/22/votes October 22, 2008 Early Voting Sees Reports of Voter Intimidation, Machine Malfunctions Early voting has begun, and problems are already emerging at the polls. In West Virginia, voters using touchscreen machines have claimed their votes were switched from Democrat to Republican. In North Carolina, a group of McCain supporters … Read more
2008-10-24 Richard Moore http://www.truthout.org/article/102308C http://thehill.com/leading-the-news/police-prepare-for-unrest-2008-10-21.html Police Prepare for Post-Election Unrest Tuesday 21 October 2008 by: Alexandra Bolton, The Hill Police departments in cities across the country are beefing up their ranks for Election Day, preparing for possible civil unrest and riots after the historic presidential contest. Public safety officials said in interviews with The Hill … Read more
2008-10-24 Richard Moore http://www.ipsnews.net/news.asp?idnews=44359 US/IRAQ: “We Have to Share This Pain” Dahr Jamail PORTLAND, Oregon, Oct 20 (IPS) – Veterans from the U.S. occupation of Iraq and Afghanistan, along with Iraqis, Afghanis, Vietnam veterans, and family members of U.S. military personnel converged in this west coast city over the weekend to share stories of atrocities … Read more
2008-10-24 Richard Moore A new US intelligence estimate meanwhile has warned that the renewed insurgency, coupled with energy shortages and political infighting, means that Pakistan, which is the only Muslim nation with nuclear weapons, is “on the edge”. “Pakistan is going through the worst crisis of its history,” according to a leaked letter signed by … Read more
2008-10-24 Richard Moore From Vancouver community radio, several audio interviews on the current financial crisis. http://truthtalkonline.blogspot.com/ 2008/10/21 2009 Outlook by Paul Craig Roberts Dr. Paul Craig Roberts, interviewed by Jeff Jewell, surveys the unprecedented economic problems now confronting the USA and the world, exploring the underlying causes, future consequences, and possible remedies. His greatest concern … Read more
2008-10-24 Richard Moore http://video.google.com/videoplay?docid=1954933468700958565&hl=es Video: Hal Turner talks about Amero and collapse of US dollar. ___________________________ subscribe mailto: •••@••.••• websites: http://cyberjournal.org http://www.governourselves.org/ http://escapingthematrix.org/ http://www.wakingthephoenix.org/ recent archives: http://groups.google.com/group/cyberjournal http://groups.google.com/group/newslog old archives: http://cyberjournal.org/show_archives/ http://cyberjournal.org/show_archives/?lists=newslog Moderator: •••@••.••• (comments welcome)
2008-10-23 Richard Moore http://www.infowars.com/?p=5466 Treasury Blacks Out Key Parts of Private Bailout Contracts David Sirota Huffington Post October 22, 2008 Remember how Treasury Secretary Henry Paulson promised full transparency in spending the $700 billion bailout money? And remember how bailout opponents predicted that the failure to mandate such transparency would allow all sorts of Halliburton-style … Read more
2008-10-23 Richard Moore http://www.wsws.org/articles/2008/oct2008/chin-o23.shtml Can China fund the US and European bailouts? By John Chan 23 October 2008 With American and European governments having pledged huge bailouts for their respective banking systems, the obvious question has arisen: where will they get the money? The US in particular is so indebted that an estimated $1.3 trillion … Read more
2008-10-23 Richard Moore http://www.wsws.org/articles/2008/oct2008/gree-o23.shtml General strike in Greece amid deepening financial crisis By Harvey Thompson 23 October 2008 A 24-hour general strike was staged Tuesday, October 21, across Greece, grinding the country’s major infrastructure to a halt. The strike involved workers in air traffic, urban transport and public services. Public offices across the country were … Read more
2008-10-23 Richard Moore A very difficult article to interpret. The arms are coming from China, the Pakistan government is unstable, and who knows what the tribesmen will do with their weapons once they have them. And then there was the Marriot bombing, with evidence that it was US Marines that planted the explosives. Plus the … Read more
2008-10-23 Richard Moore http://www.infowars.com/?p=5461 [important videos in original] – Infowars – http://www.infowars.com – Colin Powell Warns Of Coming Crisis “We Don’t Even Know About Right Now” Posted By admin On October 21, 2008 @ 3:47 pm In Featured Stories | 159 Comments Steve WatsonInfowars.net Tuesday, Oct 21, 2008 Colin Powell has made bizarre comments that … Read more
2008-10-23 Richard Moore http://www.washingtonpost.com/wp-dyn/content/article/2008/10/22/AR2008102203709.html Job Losses Accelerate, Signaling Deeper Distress By Neil Irwin and Michael S. Rosenwald Washington Post Staff Writers Thursday, October 23, 2008; A01 Employers are moving to aggressively cut jobs and reduce costs in the face of the nation’s economic crisis, preparing for what many fear will be a long and painful … Read more
2008-10-23 Richard Moore In this video clip, Powell says, “There’s going to be a crisis which will come along on the 21st, 22nd of January which we don’t even know about right now.” Note that inaguration day for the new U.S. president is January 20th, 2009. See url for short story and video clip of … Read more
2008-10-22 Richard Moore http://news.bbc.co.uk/2/hi/business/7684216.stm UK recession likely, says Brown Please turn on JavaScript. Media requires JavaScript to play. Prime Minister Gordon Brown on the ‘likely recession’ Britain’s economic downturn is likely to cause a recession, Prime Minister Gordon Brown has warned. The global financial slowdown was likely to send the British economy into a recession … Read more
2008-10-22 Richard Moore http://www.nolanchart.com/article5188.html Topic: Politics What To Expect When Martial Law Is Declared Coming Soon To A Neighborhood Near You After The World-Wide Economic Collapse by Timothy K. Perry (Libertarian) Sunday, October 12, 2008 After the coming economic financial collapse, a state of world-wide martial law will be declared. Considering the current events which … Read more
2008-10-22 Richard Moore http://www.wanttoknow.info/008/081021_banking_bailout_secrets Banking Bailout Secrets Key, Verifiable Information Reveal Secrets of the Bankers “The Federal Reserve is neither truly federal, nor a full reserve. It is not owned or directly controlled by the United States government. The fact that the words ‘United States Federal Reserve System’ are printed on every U.S. bank note … Read more
2008-10-20 Richard Moore http://www.wsws.org/articles/2008/oct2008/work-o16.shtml World Socialist Web Site www.wsws.org WSWS : News & Analysis : North America “Working Poor” report: Nearly 30 percent of US families subsist on poverty wages By Tom Eley 16 October 2008 Back to screen version | Send this link by email | Email the author A report released Tuesday by … Read more