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Predicting Worse Ahead from America's Economic Crisis
by Stephen Lendman
Austrian economist Ludwig von Mises (1881 - 1973) said: "There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
Under Alan Greenspan, Ben Bernanke and successive US Treasury Secretaries, America chose the latter path and now faces the consequences of their reckless, criminal behavior.
‘Inflation and the Fall of the Roman Empire’: Why David M. Walker compared the collapse of the United States to the Fall of Rome
by chycho
As many are aware, in March 2008, David M. Walker, the Comptroller General of the United States and head of the Government Accountability Office, resigned his commission 5 years before the end of his 15-year term expired. His reasons for resigning were that he was limited to what he could do and that the United States was in danger of collapsing in much the same manner as the Roman Empire.
“Drawing parallels with the end of the Roman empire, Mr Walker warned there were ‘striking similarities’ between America’s current situation and the factors that brought down Rome…”
For months before his resignation he traveled the country educating Americans about the financial crisis and the pending bankruptcy of the United States.
60 Minutes segment with David Walker originally broadcast on March 4, 2007
What transpired with Walker jumping ship and in the first three months of 2008 was nothing short of the beginning of the largest consolidation of wealth in the history of the United States. Walker’s resignation removed the last obstacle for those controlling US fiscal policy to readily make available cheap money.
SPINELESS DEMOCRATS BEGIN WITH OBAMA
Allen L Roland
There is no known antidote for Spine Flu which is brought about by an addiction to Corporate soft money and a lack of backbone and determined leadership by the Democrats ~ beginning with their leader, Barack Obama:
As Chris Bowers points out yesterday in openleft.com " In both branches of Congress, Democrats already have the votes and procedural options in place to pass a public option on health care reform. This means it is possible to pass a public option now. It also means that if a public option does not pass as part of health care reform, it will be a because of a political calculation made by the Democratic leadership, not because there was no way to pass one." http://www.openleft.com/diary/14866/it-is-possible-to-pass-a-public-option-now In other words, the Democrats, starting with President Obama, are more concerned with the soft deep financial pockets of the heathcare corporate Wall Street elite than the growing anguish of Main Street America, which includes myself, who seek Single Pay healthcare but would settle reluctantly for a non-co-op Public Option.
US Audacity of Hope Falters: Settlement Freeze No Longer Required
By Ramzy Baroud
The US has decided to be ‘flexible’ regarding its once touted call for a total Israeli freeze on the expansion of its occupied territories’ settlements, all illegal under international law.
A senior official spoke to reporters on condition of anonymity on August 27. “It was more important that the scope of a settlement freeze was acceptable to the Israelis and the Palestinians than to the United States,” Reuters reported, citing the senior official. This means that peace negotiations can resume while Israeli bulldozers are carving up Palestinian land, demolishing homes and cutting down trees.
Message to Cheney, The CIA, Pentagon, White House and USA Christians
eileen fleming
"The Times claims that Pakistan's "nuclear arsenal is expanding faster than
any other nation's" but makes no mention of Israel's nuclear arsenal..."
"Your corrupt ways had finally made you blind Idiot wind, blowing like a circle around my skull, From the Grand Coulee Dam to The Capitol. Idiot wind, blowing every time you move your teeth, You're an idiot." - Bob Dylan
On the August 31, 2009 edition of "FOX News Sunday" Dick Cheney said:
"Just today, for example, the courts in Pakistan have ruled that A. Q. Khan, the father of the Pakistan nuclear weapon man who provided assistance to the Iranians, the North Koreans, the Libyans, has now been released from custody. It is very, very important we find out and know long term what he is up to. He is, so far, the worst proliferator of nuclear technology in recent history." [1]
Is Globalization a Dirty Word?
By Tim Buchholz
To many globalization is a bad word. Some secret organization with its fingers in every pie slowly working its master plan into fruition. Or, globalization is just the unavoidable outcome of the technological advances of our species. We keep making the circle smaller, the distance between us less and less with world wide webs and satellite positioning, it only makes sense that global governments will develop out of global economies. Is there some secret hand willing it to happen over centuries? Possibly. Even if there is, we'll probably never know for sure. Some of my friends consider me a conspiracy theorist, asking me if I have started wearing foil around my head. Well one thing I can tell you about conspiracies, they are a bit difficult to prove. But the sad thing is, they often make a lot more sense. And once you open that can of worms, it is very difficult to go back.
Gaza Fishermen - Daily Suffering with No Notice
Ayman Quader
Gaza City, Sept. 2, 2009, (Pal Telegraph) - Everyday in the news, I hear about the suffering of the Gaza fishermen - one was killed, others wounded, and the Israelis are firing on still others. And I wanted to shed a light on their pain.
I went to the main Gaza port. While I was there, I figured out how sad the sea and the fishermen are. Boats are stuck and fishermen are looking at the sea with no hope.
US/Israel vs Iran Nuclear Chess Game
By Dr. Elias Akleh
Since 2003 Iran has been coerced into playing a nuclear chess game against US and Israel. Western media outlets have been playing the part of cheer leaders for the American Israeli side, preparing the observing masses for the expected American Israeli “checkmate” move against Iran. Not a single day passes without the description and analyses of a tactical move, with each analysis ending with the question of when, rather than if, the Israelis would bomb Iranian nuclear facilities.
The Israeli moves:
In their annual meeting, on February 18th 2009, The Israeli military leaders had officially declared Iran as their number one strategic enemy in the region, and that the alleged Iranian nuclear arms program constitutes an “existential threat” to the state of Israel. They declared the elimination of the Iranian nuclear threat a top priority for the Israeli military and political leaderships.
Dissecting the Scrambled Brains of the GOP
by Len Hart, The Existentialist Cowboy
It was not so long ago that GOP Senators Chuck Hegal and Richard Lugar described the Bush administration as "incompetent"! And they were being polite. CONSERVATIVE commentator George Will referred to the Bush administration as "...the gang that couldn't shoot straight!" In Iraq, Bush's "puppet" Allawi said of WMD: "...they must be somewhere!"
But that's not to say that WMD were ever in Iraq! It does not follow that because something is not 'here', it must be 'there'! It does not follow that because something is 'not' then something else is somewhere else or that something else 'is'.
The Internet is slowly being censored, filtered, and throttled: Why are our corporate governments trying to control information?
by chycho
There is a very good possibility that the World War III option is an attempt to control the Internet by eliminating Net Neutrality and online free speech. It appears that the boundaries set between countries through treaties are vanishing due to the exponential dissemination of information through the Net. This is in conflict with the wishes of the oligarchy who are willing to do anything to maintain control. After all, it is, in large part, our technological evolution that is bringing about our socioeconomic metamorphosis that we see manifesting itself as a global financial crisis.
Click to enlarge - source.
The attack on the Internet use to be just three-pronged; bandwidth throttling by ISP’s, Internet censorship by governments, and the oligarchy trying to prevent Network Neutrality. However, as of this year, we can now add a new category to this list, autocratic control over the Internet.
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