Friday, May 22, 2009

More economic issues

WSJ: THE CLIMATE-INDUSTRIAL COMPLEX...

GE's Jeff Immelt: Global Warming 'Compelling'; Cap-and-Trade Most 'Effective' Way to Go...

China says rich nations must cut emissions by 40 pct...

Jobless Claims Set Another Record...

CBO: Unemployment will keep rising through 2010...

Michigan rate reaches 12.9%...

Feds give $50M in aid to towns hit by auto layoffs...

Michael Moore targeting economic crisis...

Britain's debt outlook lowered to negative...
Day of reckoning for US dollar...

GMAC to Get $7 Billion From Gov't, Surrender Control...
Funds move to halt CHRYSLER restructuring; Indiana pension takes court action...

Fed Could Buy More Debt; Central bankers consider adding to Treasury, mortgage red...

Greenspan: Crisis Yet to End...

Walesa: no global crisis, only faulty banking...

PAPER: Stimulus Spending transparency not what promised...

Orwell Rolls in His Grave

Video

"Could a media system, controlled by a few global corporations with the ability to overwhelm all competing voices, be able to turn lies into truth?..."
Continue


Frauds R' Us: The Scams and Crimes of Wall Street

By Danny Schechter

Its clear that, like on the war, government officials did mislead us. From original deregulators in the Carter-Reagan years to the financial "modernizers of the Clinton-Bush 2 era with their refusal to accept responsibility for the consequences of their free market fantasies, the gutting of rules and regulations, and their embrace of a phony "ownership society." Continue


Bail Out Your Own Damn Self!

Time for a Tax and Mortgage Strike

By Ted Rall

It's not too late to get back our money. We need it a hell of lot more than AIG. We should withhold our taxes, mortgage checks and credit card payments until the banks, insurance companies and other assorted Wall Street dirtbags who stole it give it back. Continue

Dollar stops being Russia's basic reserve currency: The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5 percent as of January 1, 2009 and exceeded the investments in dollar assets, which made up 41.5 percent

S&P Lowers Britain's Debt Outlook: Ratings agency Standard & Poor's shocked investors Thursday with a formal warning that the U.K. must get its finances in order or lose its coveted triple-A credit rating, underscoring the monumental challenges the country faces as it seeks to dig its economy out from under the wreckage of the financial crisis.

Stocks Fall on Jobless Claims Report: Initial jobless claims fell by 12,000 last week to 631,000, according to the Labor Department. That was a higher total number of claims than analysts were expecting and the overall level of claims remains high by historical standards.


Burien - The Eureka Moment

Russia Dumps US Dollar As Basic Reserve Currency

GM Dealership To Fight Back - 'We Aren't Closing'

Gulf Currency Plan On Brink Of Failure

Japan Economic Decline An Awesome Warning

Asian Shares Fall - Fears Of Worse US Recession



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