There’s a race going on right now. A "war" if you take the words of Brazil’s finance minister, Guido Mantega, to devalue currency. The reason is simple: by keeping your currency low against your competitor you will export more. Timothy Geithner, the US treasury secretary, says his country is not involved in currency manipulation. On the other hand, the US accuses China of being a currency manipulator and has delayed publishing a report to this effect.
At the end of the afternoon of May 27, a mass demonstration marched into the Place de la Bastille in Paris. The march itself represented what can now be viewed as a low point in the national union mobilizations to challenge the proposed weakening of France's public pension regime and other reactionary responses of Nicholas Sarkozy's government to the world economic crisis. But despite the rain, despite the niggling worry that fatigue was overtaking the movement and apathy the French public, a group of marchers went to work making sure it was a day the French labour movement won't soon forget.
t's a perfect storm. And I'm not talking about the impending dangers facing Democrats. I'm talking about the dangers facing our democracy. First, income in America is now more concentrated in fewer hands than it's been in 80 years. Almost a quarter of total income generated in the United States is going to the top 1 percent of Americans. The top one-tenth of one percent of Americans now earn as much as the bottom 120 million of us.
In the wake of the fractious International Monetary Fund (IMF) meeting held October 9-10 in Washington, the descent into global currency and trade war has accelerated, with the United States playing the role of instigator-in-chief. The US is deliberately encouraging a sell-off of dollars on international currency markets in order to raise the relative exchange rates of its major trade rivals, increasing the effective price of their exports to the US while cheapening US exports to their markets.
With only two weeks remaining in the 2010 election campaign, Democratic Party candidates in closely contested races for the Senate, the House of Representatives and many statewide offices are highlighting their right-wing policies and minimizing any differences with their Republican opponents.
As of this month, over 5,700 American soldiers have been killed in Iraq and Afghanistan. That count does not include those veterans who commit suicide or die from war-related issues after returning home from military service.
As publicity for the newly-published memoir, Guantánamo: My Journey by the Australian David Hicks, who was held at Guantánamo from January 2002 until April 2007, when he was repatriated after accepting a plea deal at his trial by Military Commission, Hicks’ publishers have released three excerpts from the book to the media. All three excerpts were published by Hicks’ local paper in Adelaide (dealing with events before he became interested in Islam and the struggles in Bosnia, Kashmir and Afghanistan, the circumstances of his capture and his first two weeks in Guantánamo), and I have chosen to cross-post the latter, as it captures particularly well the primitive violence of the early days of Camp X-Ray — the open-air cages, resembling animal pens, in which the prisoners were held until the first, more permanent structures of Camp Delta were completed in May 2002...
Official says al-Qaida leader was moving between houses in the far north-west of Pakistan, and 'not living in a cave'. Osama bin Laden is living in relative comfort in the far north-west of Pakistan, according to a Nato official who has day-to-day responsibility for the war in Afghanistan. The official, who has access to sensitive intelligence information, told CNN that Bin Laden was not holed up in a cave, but has been moving between houses in the Chitral district and the Kurram valley, which neighbours Tora Bora in Afghanistan, from which he fled in 2001.
Looming losses from ForeclosureGate qualify as the sort of systemic risk warranting the breakup of the too-big-to-fail banks under the new financial reform bill.
The new Financial Stability Oversight Council (FSOC) probably didn't expect to have its authority called on quite so soon, but Rep. Alan Grayson (D-Florida) has just put the Kanjorski amendment to the test. It provides federal regulators with new powers to pre-emptively break up large financial institutions that - for any reason - pose a threat to US financial or economic stability.
Former US Surgeon General Joycelyn Elders told CNN's Don Lemon Sunday that she supports the legalization of marijuana. Bill Clinton appointed Elders as the United States Surgeon General in 1993. After leaving her office, she became a professor of pediatric endocrinology at the University of Arkansas.
As we all know there is a major philosophical divide in U.S. politics. One the one hand there are those who think it is the role of government to help ensure that the vast majority of the population can enjoy a decent standard of living.
How Old Will You Be When the American War State Goes Down? When you look at me, you can’t mistake the fact that I’m of a certain age. But just for a moment, think of me as nine years old. You could even say that I celebrated my ninth birthday last week, without cake, candles, presents, or certainly joy.
U.S. authorities are bracing for the potential disclosure of thousands of secret Iraq war documents. The Pentagon on Monday asked media organizations not to publish any classified war files released by the WikiLeaks Web site, as the U.S. braces for the potential disclosure of hundreds of thousands of secret Iraq war documents.
Just 10 days after announcing a nationwide halt to foreclosure sales, Bank of America, the nation's largest bank, said Monday that it would begin resubmitting paperwork on Oct. 25 to restart foreclosures on borrowers who missed their payments in 23 states.
US industry unexpectedly put the brakes on in September, marking the first drop in production since the recession ended, official data showed Monday. Industrial output fell 0.2 percent in September, wiping out a 0.2 percent gain in August, according to the Federal Reserve's monthly report. The decline surprised most analysts, whose consensus forecast was for another rise of 0.2 percent.
Treasury Secretary Timothy Geithner vowed on Monday that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health. "It is not going to happen in this country." Geithner told Silicon Valley business leaders of devaluing the dollar.
During the past month I have been involved in research about the people involved in the Rothschild/Mossad network behind the criminal destruction of the steel from the World Trade Center. I have found that the network that arranged for the destruction of the steel - critical evidence from the crime scene - was organized by Israel's Mossad and their Zionist agents, the real culprits behind the false-flag terrorism that changed the world. This article will be the final and conclusive chapter of my book, Solving 9/11 - The Deception that Changed the World.
As US-sponsored peace talks have stalled over the issue of settlements, Israel's national police force has revealed that it is turning to the very same illegal communities in its first-ever drive to recruit officers from among the settlers.
Gilad Atzmon: The OHE and myself are receiving some amazing reviews at the moment but this one is really precious to me. Ramzy Baroud is a person whom I totally admire, as a writer, a humanist, an intellect and a true spirit of resistance.
BEIJING – A senior Chinese official rejected a U.S. trade complaint about Beijing's clean energy policy and said Sunday that Washington might be improperly supporting its own industry. The U.S. government said Friday it would investigate complaints by a labor union that Beijing unfairly subsidizes its producers of wind and solar equipment.
Recently, in a mainstream newspaper, an educational consultant confessed to an agenda of attacking the psyche of young males. Referring to school textbooks for Grades 7-10, (ages 12-15) he said: "If you had a picture of a person doing something positive, winning a race, performing an experiment successfully, etc., [you had to] make sure it was of a girl," he said. "If you had to have a picture of someone doing a bad thing - bullying, making a mistake, being unsure which course of action to take, etc. - the image was invariably of a boy."
THE Taliban have ''overwhelmed'' foreign troops and cannot be defeated by military means, one of Australia's top combat soldiers has warned. Brigadier Mark Smethurst says securing Afghanistan could take decades, but success is uncertain without a fundamental change in strategy.
President Barack Obama's winning coalition from 2008 has crumbled and his core backers are dispirited. It's now Republicans who stand to benefit from an electorate that's again craving change.
Overseas workers provide much-needed funds, but some suffer abuse from their employers. Almost 15 per cent of the Philippines' adult population, about eight million people, live and work overseas. The money they earn is vital to the economy, last year more than $17bn dollars was sent back in remittances. But the cost proves to be too high for some of the migrant workers that find themselves suffering the abuse at the hands of their employers.
Wall Street has raised its voice against any government moratorium on foreclosures, even as evidence mounts that banks systematically and illegally falsified documents in order to expedite hundreds of thousands, or even millions, of foreclosures. Documented examples of abuse include banks hiring contractors and what one Goldman Sachs executive referred to as “Burger King kids” to process thousands of foreclosure documents per week, all the while declaring to courts they were familiar with the cases. Lenders also falsified signatures, notary stamps, and tossed legal documents into the garbage. Every major bank is implicated in the widening scandal.
Dr. Christopher Busby, a world famous UK based physicist, was at the UN last week with the results of his health survey of the city of Fallujah, Iraq. The results were truly astonishing, even to the jaded eyes of UN representatives, old retired war fighters and politically connected bureaucrats. No armed force had accomplished this level of death and disease in a civilian population before. What Weapons Can Do That? There it was in black and white, on paper, from an internationally respected physicist - the utterly unbelievable, but certified results: Fallujah’s leukemia rate was 38 times higher than Hiroshima after the US Atomic Bombing in 1945. The questions were fast and furious.
New methods in the analysis of DNA means that people wrongfully jailed are now being proved innocent. Hundreds of inmates in prisons across the US have been exonerated and freed because of DNA evidence that proved their innocence. And 48 states now give inmates some degree of access to DNA evidence that might not have been available at the time of their convictions. But other 'science' that puts thousands behind bars is also coming under scrutiny. Much of what was regarded as unassailable – hair analysis, arson investigation conclusions, eye-witness identification – is now being seen as fallible.
Eighteen months ago, Minister of Citizenship and Immigration Jason Kenney blocked then-British MP George Galloway from Canada, labeling him a terror supporter and a national security risk. At the time, Galloway was scheduled to appear in four Canadian cities on a speaking tour called “Resisting War: from Gaza to Afghanistan.”
"Gold has been controlled ever since Central Banks started to make their impact, starting at the Amsterdamsche Wisselbank in the 17th century. The controllers of Gold will NEVER allow their Gold to be used as currency without interest." A most fundamental and crucial debate is now in full swing. The two main protagonists are the Goldbugs and the Interest-Free Money community. The battle was ignited by Gary North who attacked Ellen Brown, calling her a 'Greenbacker'. Brown and North agree that Fractional Reserve Banking needs to go, but Brown wants the Government to print debt free (and therefore interest free) money.
As he watched the Iranian President blow kisses to cleaning workers at Beirut’s airport during his departure for Iran early this morning, a Lebanese Christian historian commented “This Persian’s glory at the moment is arguably greater than Caesars following Rome’s second conquest of Britain”.
At 30, Mexican activist América del Valle knows loneliness all too well: she spent four years in hiding, out of contact with friends and family, her only goal being to "endure" the government's persecution of her family. "Exile has so many dimensions, and there is no manual for it," she told IPS recently in an interview during a family party in San Salvador Atenco, in a room provided by a cousin. "My closest neighbours were nostalgia, sadness and a feeling of defeat that constantly pursued me," she said.
The French government on Friday ordered CRS riot police to disperse workers occupying the strategic Fos-Lavéra oil depot near Marseille. Similar attacks were carried out at depots in Cournon d’Auvergne in central France and Ambès on the southwestern coast. Port, transport and energy workers, joined by high school students around the country, are striking to oppose the deeply unpopular austerity policies of President Nicolas Sarkozy.
President Harry S. Truman created the Central Intelligence Agency in 1947 to ensure that the policy community would have access to independent intelligence analysis that was free of the policy advocacy of the Department of State and the Department of Defense. The CIA's most important analytic mission was the production of national intelligence estimates (NIEs) and assessments that tracked significant political and military developments and provided premonitory intelligence on looming threats and confrontations.
Less than three weeks before California voters hit the polls, the Justice Department issued a preemptive message concerning a ballot measure making worldwide headlines. "Attorney General Eric Holder says the federal government will enforce its marijuana laws in California even if the state's voters approve a ballot measure to legalize the drug," Pete Yost reports for the Associated Press.
On Thursday two passengers told the Guardian that guards placed Mubenga in handcuffs and heavily restrained him while the aircraft was still on the runway. One said Mubenga complained of breathing problems before passing out. Michael said he heard Mubenga complain he was unable to breathe. "I'm pretty sure it will turn out to be asphyxiation," he said. "The last thing we heard the man say was he couldn't breathe. We had three security guards and each one of them looked like they weighed 100kg plus, bearing down and holding him down – from what I could see below the seats." Michael described as "completely false" the official accounts of Mubenga's death, released by the Home Office and G4S on Wednesday.
Rosie Benjamin is just one of over 1.3 million people living in Haiti's 1,354 squalid refugee camps. She and 1,200 others are jammed into 300 tents and plastic tarp-shacks on a soccer field in Grand Goâve. Like about 70 percent of Haiti's refugee camps, the residents here are on their own. Apart from water deliveries, they get nothing from the government and the massive humanitarian apparatus on the ground. No food. No jobs. And no news about their future.
Does anyone remember the “cakewalk war” that would last six weeks, cost $50-$60 billion, and be paid for out of Iraqi oil revenues? Does anyone remember that White House economist Lawrence Lindsey was fired by Dubya because Lindsey estimated that the Iraq war could cost as much as $200 billion? Lindsey was fired for over-estimating the cost of a war that, according to Joseph Stiglitz and Linda Bilmes, has cost 15 times more than Lindsey estimated. And the US still has 50,000 troops in Iraq.
With the US Government preparing to seize private and public pensions in order to bankrupt the American People and bring them down into poverty as part of their Full Spectrum Dominance plans, the risk of American society collapsing into anarchy and rioting is extremely high over the next few months. Plans have already been in place for the past twenty-six years with Rex 84 to bring the USA under Martial Law in such an eventuality.
Refinery workers cut off supply to capital's airports as protesters step up action against pension plans. High-school students have joined the protests against the government's pension-overhaul plans. Striking French oil-refinery workers have cut the fuel supply to Paris airports, raising fears of a fuel shortage. Fuel depots were blockaded by protesters on Friday in a bid to reverse the government's plans to raise the retirement age. The pipeline supplying Paris stopped operating because of strikes at northern refineries, a source at the company operating the pipeline said. Fuel distributors said several hundred filling stations had been shut because their supplies had run out, reportedly prompting panic buying among motorists.
Venezuelan President Hugo Chavez today agreed a deal with Russia to build the country's first nuclear power plant. In scenes reminiscent of the Cuban Missile Crisis, Russia has agreed to build two 1,200 megawatt nuclear reactors at the plant. Russia has cultivated close ties with Chavez's government in a bid to expand its global influence and curb U.S. control in Latin America.
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