Prepare Now to Escape Obama’s Retirement Trap

January 11th, 2010

by Ron Holland

Retiree Annuities May be Promoted by Obama Aids - In Other Words, There's No One Left To Buy Treasuries and Fund Our Deficit Except You - Stephanie Jasky http://fedupusa.org/2010/01/08/retiree-annuities-may-be-promoted-by-obama-aides-in-other-words-theres-no-one-left-to-buy-treasuries-and-fund-our-deficit-except-you /

Rick Santelli alluded to this on on CNBC on 1/8, there is coverage on Bloomberg and Business Week and the links are at the end of the essay. What will you do if your retirement funds are forced to become the buyer of last resort for US treasury obligations? Join Ron Holland and hundreds of Americans in our “Say No To Washington Plans To Control & Steal Our Retirement Funds” on Facebook at http://www.facebook.com/home.php#/group.php?gid=174721797357&ref=ts

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The Recession is Over, the Depression Just Beginning

January 11th, 2010

Stephen Lendman

In late 2009, former Merrill Lynch economist, now with the Canadian firm, Gluskin Sheff, said the following:

"The credit collapse and the accompanying deflation and overcapacity are going to drive the economy and financial markets in 2010. We have said this repeatedly that this recession is really a depression because the (post-WW II) recessions were merely small backward steps in an inventory cycle but in the context of expanding credit. Whereas now, we are in a prolonged period of credit contraction, especially as it relates to households and small businesses."

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Congolese Women and Girls Suffering the Insufferable

January 11th, 2010

By Emily Spence and Brian McAfee

While in the eastern Congo last summer, U.S. Secretary of State Hillary Clinton stated, "With respect to companies that are responsible for what are now being called conflict minerals, I think the international community must start looking at steps we can take to try to prevent the mineral wealth from the DRC ending up in the hands of those who fund the violence here."

In relation, the Democratic Republic of Congo's UN supported armed assault against rebels in the eastern Congo has promoted widespread death, rape and other forms of brutality. Indeed, the decade long war has claimed at least 5.4 million lives -- the most in any conflict since WWII. At the same time, hundreds of thousands of women and girls, including babies, have suffered rapes and sexual mutilation, often with weapons and tools used in the process. Further, it is thought that, in eastern portions of the Congo, up to seventy percent of Congolese women, along with children of all ages, have been sexually attacked, according to the Harvard Humanitarian Initiative, a research center at Harvard University.

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