Tuesday, July 07, 2009

More economic issues

Germany's biggest bank admits spying on staff...

Income Surtax on Wealthy Taxpayers Likely in House 'Health-Care' Bill...

Obama Takes Bush’s Plutocratic-Socialism to the Next Level
By Chris Moore

As the federal government and the two-party regime running it have become ever more corrupt, the bubbles have become ever larger and more frequent. And it is these successively more frequent bubbles that have destroyed the American economy, bankrupted Americans, and simultaneously made these revolving-door federal government elite/plutocrat-socialists in both parties rich. Continue


Obamageddon is Coming!
4 minute video

Food riots, tax protests, strikes and high unemployment all will characterize our economic future according to Gerald Celente. Continue


Is There Life After Democracy?

By Arundhati Roy

What happens once democracy has been used up? When it has been hollowed out and emptied of meaning? What happens when each of its institutions has metastasised into something dangerous? What happens now that democracy and the Free Market have fused into a single predatory organism with a thin, constricted imagination that revolves almost entirely around the idea of maximising profit? Continue


The Crooks Get Cash While the Poor Get Screwed

By Chris Hedges

Tearyan Brown became a father when he was 16. He did what a lot of inner-city kids desperate to make money do. He sold drugs. He was arrested and sent to jail three years later for dealing marijuana and PCP on the streets of Trenton, N.J., mostly to white kids driving in from the suburbs. It was a job which saw him robbed at gunpoint and stabbed in the chest. But it made him about $1,400 a week. Continue


Happy Co-Dependence Day

By Cindy Sheehan

In our heart of hearts, do we really think that Obama is an agent of change for the people? Have we not been fooled, yet again? So, we lay all of our hopes and dreams for a better life on one person and allow the inevitable heartache of betrayal to wash over us and once again drown us in disappointment when that person turns out to be just another politician. Continue

Biden: `We misread how bad the economy was: Vice President Joe Biden said the Obama administration "misread how bad the economy was" but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.

Day of Reckoning for California and Ultimately for All of America: Will our nation’s largest debtors meet their massive financial obligations? Or will many ultimately default?

Brown Warns G8 Of New Recession Dangers

US Lurching Towards 'Debt Explosion'

Unions And Firms Call For Peoples Bank

The Great 'Output Gap' Hides Threat Of Inflation

G8 Leaders Likely To Stand Firm On Stimulus

25% Of Graduate Job Possibilities Vanish

Banksters Love Cap And Trade

CA - A Day Of Reckoning

CA Heads Toward Depression

Goldman Sachs - Vampire Squid On Humanity's Face

India, Russia, China Question Dollar Dominance

The Unemployment Time Bomb Is Ticking

QE Sugar Rush For Broke Banks That Should Die

BoE Consider Expanding Qantitative Easing To £150B

We Are Losing The Opportunity To Rebuild Banking

UK Lines Up 'Doomsday' Cutbacks

City Financials To Hide Bonus Boom From Taxman

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