World share markets plunged again on Friday, as further signs emerged that the global economy is heading for a deep and protracted recession. The largest falls were in Asia, where major exporters are being hit by shrinking markets in the US and Europe.
Stock markets across the world cracked yesterday, forcing Wall Street to suspend trading on a key futures contract to stem panic-selling while Moscow shut for business altogether. Sharp losses in New York, London, Europe and the Far East raised the spectre that governments may be forced to impose emergency holidays to avert a meltdown across world stock markets.
• 50bn wiped off value of Britain's top 100 firms • Wave of panic selling after warnings about far eastAndrew Clark in New York, Phillip Inman, Chris Tryhorn and Kathryn Hopkins The Guardian, Saturday October 25 2008 Article historyFears of an economic slump to rival the recession of the early 1990s have wiped almost £50bn off the value of Britain's top 100 companies and sent stockmarkets around the world into a tailspin. Reuters: U.S. has plundered world wealth with dollar.
What can you buy in America for $1,000? A flat-screen television, perhaps. A weekend break in the sun. Or a three-bedroom suburban home with stripped wood floors and a garage in the country's motor capital. Prophesy News Watch: The Dangers of a Diminished America
Andrew Clark in New York The Guardian, Saturday October 25 2008 Article historyOne of the world's biggest hedge fund managers, Citadel, told clients last night that two of its main funds have lost 35% of their value this year after rumours swept the market about its financial position.
Times have been tough here for some time, and seem only to be getting worse. "The valley is already hurting," Colleen tells us. "It's really scary for the kids that are making minimum wage and driving 25 or 30 miles a day to work — paying for gas, for babysitters, housing. Hard to watch these kids. It's a struggle. It takes all they've got. They don't have luxuries. They live on $1500 a month - $500 for rent. How can you live on that? They have no health insurance. They can't afford it."
Bastards until the very end. The Bush administration is trying again to take the gray wolf of the northern Rockies off the federal endangered species list. Having lost in court this summer in a legal battle with conservationists, the U.S. Fish and Wildlife Service has decided to reopen for public comment its 2007 proposal to delist the wolves.
"Hell, he says, “is when you know that the end of your life is approaching and that you have not used your talents and resources as well as you could have done to make a difference – i.e. when you realize upon reflection that you have wasted your life. Heaven is contemplation of the approach of death without fear because you know that, on balance, you’ve done your best to make a difference.”
Asian and European leaders meeting in Beijing have called for a "comprehensive reform" of the global financial system. At a news conference at the close of the 40-member Asia-Europe Meeting (Asem) on Saturday, Wen Jiabao, the Chinese prime minister, said that greater regulation was needed to avoid another crisis.
Sarah Palin dismissed criticism over the $150,000 (£94,000) spent on her clothes since becoming John McCain’s running-mate, amid mounting evidence that she has become a significant drag on the Republican ticket.
The news on markets around the world is particularly dire this morning. Despite a late day rally in the U.S., markets in Asia and Europe are down as much as 9 and 10% and S&P Futures are 60 limit down. This is going to be a very ugly day with market breakers likely to be tested and the Dow breaking through 2002 lows easily at the open. The Independent: Downturn even worse than expected: UK moving 'towards' recession. Yahoo: Stocks dive belief global recession is at hand. Reuters: INSTANT VIEW: Stocks tank at market open. + Markets in tailspin. MarketWatch: Sell-off spans globe.
Indicators of a worsening social crisis in the US are mounting daily as the economic downturn takes an ever greater toll on jobs. Further layoffs were announced yesterday in the US and around the world. New data was also released showing escalating numbers of American families losing their homes through foreclosure, further driving down house prices.
"I made a mistake in presuming that the self interest of organizations, specifically banks and others, was such that they were best capable of protecting their own shareholders and the equity in the firms," Greenspan said. Al Jazeera: Greenspan admits 'flaw' in ideology. The Guardian: Greenspan - I was wrong about the economy. Sort of.
Looks like they've got us surrounded, with the ENTIRE U.S. border being subject to checkpoints 90 miles inland. "May we see your papers, please?" is no longer snarled on the screen by some fascist thug to some innocent bystander, it's happening right in our own backyards. They'll start closing in, now that they've clamped down on points of exit. Global Research: U.S. "Constitution Free Zone" (Fact Sheet): Normally under the Fourth Amendment of the U.S. Constitution, the American people are not generally subject to random and arbitrary stops and searches...
Former US counterterrorism adviser Richard Clarke says al-Qaeda leader Osama bin Laden may affect the 2008 election as he did in 2004. In an interview with CNN on Thursday, Clarke said that Osama bin Laden did try to influence the US election in 2004 and helped President George W. Bush enter the White House again for the second term. "Whether or not he [bin Laden] succeeded, who knows? But he issued a video tape on Halloween, a few days before the election that implied that he supported Senator Kerry," said Clarke. "He knew that if he seemed to be supporting Senator Kerry that would help President Bush. And it did," he added. This is while in 2004, Kerry stressed his desire to capture or kill bin Laden, and claimed that the Iraq war was distracting the US from that goal. Bush, however, downplayed the threat from bin Laden, claiming that he had already been isolated. Ahead of the November 4 election, Clarke also predicted that a similar scenario may happen and change daily tracking polls that are in favor of Democratic presidential contender Senator Barack Obama.
DEPUTY SECRETARY OF STATE PATRICK MOON GIVES MOCK PRAISE TO PAKISTANI WAR ON FAKE TALIBAN, WHILE DEFENDING US POLICY THAT ATTACKS SCHOOLS IN PAKISTAN IN ORDER TO DISRUPT PEACE NEGOTIATIONS.
Michael Schwartz paints a picture of what Barack Obama and John McCain have both called the "success" of George W. Bush's "surge" in Iraq. Indeed, Obama has stated that the "surge" -- the euphemism immediately adopted by the entire press and political establishment for what used be known in plain English as an "escalation" -- has "succeeded beyond our wildest dreams": a mighty strong endorsement from a man who way, way back in olden times -- the cave-man days of, oh, 2006 or so -- was once perceived as "anti-war."
[C]orporations tightly connected to the Israeli Mossad have been hired by the Americans to work on various activities related to communications within the United States, including data mining, and tapping phones, faxes, and internet traffic (some people also remember that Israeli companies were running security at various places connected with September 11). Impolite anti-Semites are wondering out loud whether there is even the slightest possibility that some of this data is making its way back to Israel. You think?
Government and independent investigators are still trying to figure out who, exactly, hit Georgia's websites during its August war with Russia. Now, one of the hackers who claims to be behind some of the cyberattacks is telling all.
De Menezes, 27, was shot dead by two officers in a tube carriage at Stockwell station, south London, on July 22 2005 after being "mistaken for" the failed July 21 bomber Hussain Osman. It is the first time the officer - identified by the codename C12 - from Scotland Yard's elite CO19 specialist firearms unit has spoken publicly about the shooting. C12 told the inquest at Oval cricket ground, south London, that he believed he was facing very real personal danger as well as the "tangible" possibility of a terrorist atrocity on the day of the fatal shooting. The officer said he was briefed that he was tackling a group who were "well prepared, up for it, deadly and determined". "It was left in no doubt as to the type of suspect we were trying to intercept and they were prepared to take their own lives as well as others and the danger was immeasurable," he said. The People's Voice: Lies begin to unravel in police murder of Jean Charles de Menezes.
NaturalNews has learned the U.S. Food and Drug Administration is running a criminal extortion racket designed to drain cash from health supplement companies and shift it into the pockets of top FDA contractors.
Another Open Letter to Roy Cooper. I am writing another letter because you permitted a number of people who openly broke the law to walk away without a scratch, even while three young men and their families were forced to pay millions of dollars to defend themselves against charges that were transparently false. Furthermore, you permitted two sociopaths, Michael B. Nifong and Crystal Gail Mangum, the accuser, to walk away unharmed.
An exclusive interview: 'If people only knew how frugal we are'. Sarah Palin talks about wardrobe flap, double standard for women and special education. Alaska Gov. Sarah Palin insisted in an interview with the Tribune on Thursday that she did not accept $150,000 worth of designer clothes from the Republican Party and "that is not who we are." "It's kind of painful to be criticized for something when all the facts are not out there and are not reported," said Palin, saying the clothes are not worth $150,000 and were bought for the Republican National Convention. Still, she has been wearing pricey clothes at campaign events this fall. She said they will be given back, auctioned off or sent to charity. Most of them, she said, haven't even left the belly of her campaign plane. LA Times: Sarah Palin: On special needs, gender bias and those clothes (video).
The Federal Government is attempting to silence critics of its controversial plan to censor the internet, which experts say will break the internet while doing little to stop people from accessing illegal material such as child pornography . Internet providers and the government's own tests have found that presently available filters are not capable of adequately distinguishing between legal and illegal content and can degrade internet speeds by up to 86 per cent.
Are you ready for take-off? Plans to allow passengers to be virtually strip searched by X-ray body scanners at airports across Europe were denounced yesterday as a threat to personal dignity.
The former press secretary of President George W. Bush says he backs Democratic presidential hopeful Barack Obama for the November election. McClellan also said he has always planned to support a candidate that has the best chance for changing the way Washington works and getting things done.
Over the last few months we have gone through 30 of the worlds greatest mysteries but what we haven’t covered are ancient mysteries. This list aims to put that right! Here are ten great unsolved mysteries of science. Do you have a theory that might solve one of these mysteries? If so, tell us in the comments! This mystery may even be a problem for those legendary investigators from CSI and the like! The bog bodies are hundreds of ancient corpses found buried around the northern bogs and wetlands of Northern Europe. These bodies are remarkably well preserved, some dating back 2,000 years. Many of these bodies have tell-tale signs of torture and other medieval “fun”, which have made some researchers postulating that these unfortunate victims were the result of ritual sacrifices.
A French veterinary surgeon has made surgical history by performing the first known operation on a live shark. The two-metre fish was anaesthetised with a form of clove oil used by dentists before going under the knife at Nausicaa, an aquarium in Boulogne-sur-Mer in northern France.
When Chris Read bought a mobile phone through eBay, it was described as being in good condition. But when the phone arrived a few days later, he was disappointed to find it was the wrong model and appeared to be damaged. After returning his purchase and receiving a refund from the seller, Joel Jones, he used the online auction website's feedback section - which can be read by other people - to give his honest opinion of the transaction. 'Item was scratched, chipped and not the model advertised on Mr Jones's eBay account,' he wrote, assuming it was the end of the matter...
A 43-year-old Japanese woman has been jailed for "killing" her virtual husband to revenge an unexpected in-game divorce. The unhappy couple's characters had been "married" in the side-scrolling Korean massive multiplayer game, MapleStory. Not in real life, mind you, just within the game. But e-vows were too soon discarded, bringing rise to a plot of digital murder.
A missile attack by a United States drone on an Islamic school in Pakistan's tribal region killed at least nine people early this morning. The strike, thought to have been aimed at killing a close associate of Osama bin Laden in the tribal region of North Waziristan, close to the Afghan border, is likely to further sour Washington's deteriorating relationship with Islamabad, which has said it will no longer tolerate US incursions into Pakistani territory. The attack hit the compound of a religious school, known as the Manba Ulom madrassa, close to the town of Miranshah in the tribal region of North Waziristan near the Afghan border. The site is "a suspected Taleban training centre" which US commanders believe was used by senior "al Qaeda" figures shortly after the invasion of Afghanistan in 2001. "Mr bin Laden and his deputy, Ayman al-Zawahiri, are widely believed still to be hiding in the area." The Independent: 'US missiles' kill seven in Pakistan.
How 21-year-old soldier Blake Ivey came to see war as "flat-out murder." "I believe war is the crime of our times," Blake Ivey, a specialist in the U.S. Army, said over the phone in a slow, deliberate voice. Ivey, currently stationed in Fort Gordon, Ga., is publicly refusing to deploy to Afghanistan. The 21-year-old soldier filed for conscientious objector status in July but was ordered to deploy while his application was being processed. He is determined not to go, and as of our last phone call, was still actively serving on his base, weighing his options for refusal. Index Research: Index on Afghanistan and Pakistan - Murder & Security, Aug/Sept. ’08.
Live a comfortable life, not a wasteful one. Do not spend to impress others. Do not live life trying to fool yourself into thinking wealth is measured in material objects. Manage your money wisely so your money does not manage you. Always live well below your means.
You’re driving along a remote, dusty road, when suddenly you come upon a border patrol checkpoint. There, agents demand to see your identity papers, and search your car. You are taken by surprise, because you know you haven’t wandered across the Texas-Mexico border. In fact, you’re quite sure of that, because you’re driving through rural Wisconsin countryside west of Green Bay. Even the Canadian border is more than 90 miles away.
Sarah Palin’s wardrobe joined the ranks of symbolic political excess on Wednesday, alongside John McCain’s multiple houses and John Edwards’s $400 haircut, as Republicans expressed fear that weeks of tailoring Ms. Palin as an average “hockey mom” would fray amid revelations that the Republican Party outfitted her with expensive clothing from high-end stores. Think Progress: Flashback: McCain supported amendment to restrict use of campaign funds on ‘clothing purchases.’ SF Gate: Pricey new duds aren't helping Palin in polls. BuzzFlash: The Welfare Queen from Wasilla. AlterNet: The 11 Dumbest Things Sarah Palin Has Said So Far.
Some Americans realize that real criminals must be tried, convicted, and imprisoned, especially those charged with war crimes.
Tehran has warned that any attack on the country would be 'insanity' because in this case the war would be extended beyond Iran's borders. “Iran will not be confined to its borders in responding to any aggression against its territory,” Fars news agency quoted Brig. Gen. Mohammad-Baqer Zolqadr a senior military official, as saying on Wednesday. He played down the threats made by Israel against Iran and said: “The Israeli regime is too weak to launch any attack on a great power like Iran.”
“Contempt of court” is the title of an article I wrote for the Guardian’s “Comment is free” section today, in which I looked at the UK High Court’s latest judgment in the case of British resident and Guantánamo prisoner Binyam Mohamed, a victim of “extraordinary rendition” and torture who is engaged in a transatlantic struggle to secure exculpatory evidence proving that his confessions — of involvement with al-Qaeda and a “dirty bomb” plot — were extracted through the use of torture.
The dead...How can I ever forget the dead? Merciful, scorched Earth...that took them to her bosom, like some generous Mother...A brown, burnt blanket, but a Mother nonetheless. Like the millions of mothers you have left with no shelter, begging for a scorched earth to swallow them...And the millions of orphans longing for a lost, swallowed mother...
It might be of public interest to know that a significant number of Israeli Mossad agents are now working in the United States as employees of the Central Intelligence Agency. These agents, some of whom are listed below, are initially paid by the Israeli Embassy in Washington but Israel then bills the U.S. Government for the salaries and is reimbursed in full on a monthly basis. Here is a partial listing of identified Mossad agents (as of 1 January, 2007) along with their dates of birth and salaries. They do not have American Social Security numbers and do not pay American taxes.
These people are incapable of thinking for themselves, on any level at all. They are simply downloaded with beliefs and ideas by the dominant media. If they were thinking for themselves, and came to support the views of either candidate through their own logical processes, the Obama and McCain supporters would have very little to quarrel about. Both candidates agree on about 95% of the issues. They both support the wars in Iraq, Afghanistan and the coming wars in Iran and Syria, mass immigration, massive taxation, the police/surveillance/nanny state, “free trade”, the United Nations, Zionist Israel, and every other globalist agenda. So what are the supporters arguing about?
Government plans to build a giant database holding information about every phone call, email and internet visit were last night dealt a major blow after the man in charge of prosecuting terrorism in England and Wales warned of the dangers posed by a "Big Brother" security state. Sir Ken Macdonald, the Director of Public Prosecutions (DPP), told ministers not to "break the back of freedom" by creating irreversible powers that could be misused to spy on individual citizens and so threaten Britain's hard-won democracy. CS Monitor: A financial new world order? You Tube: The New World Order is Here!
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