Monthly Archives: June 2009

by Rick Rozoff Stop NATO March 26, 2009   On October 7 it will enter its ninth calendar year and with the projected deployment of at least 30,000 more American and thousands of more fellow NATO nations’ troops this year … Continue reading →

     Wall Street erupted in a demonstration of euphoria and greed Monday as the Obama administration announced a plan to offload bankers’ bad debts that amounts to an unprecedented looting of taxpayer funds to benefit the financial elite.   … Continue reading →

By Steve Gorman and Suzanne Hurt Reuters March 26, 2009  (Additional reporting by Tim Gaynor in Phoenix; Editing by Doina Chiacu and Mary Milliken)   SACRAMENTO, Calif. – Emergency shelters brimming with homeless people in California’s capital are quietly turning … Continue reading →

by Prof Howard Stein and Prof Claudia Kedar project-syndicate.org  March 27, 2009    Today’s International Monetary Fund (and, to a lesser degree, the World Bank) recall Talleyrand’s description of France’s Bourbon kings: it has learned nothing and forgotten nothing. At … Continue reading →

by Stephen Lendman Global Research   On Wall Street, that is. So hyped by advance fanfare, Timothy Geithner unveiled his Public-Private Investment Program (PPIP) on March 23, the latest in a growing alphabet soup of handouts topping $12.5 trillion and … Continue reading →

MATT TAIBBI Rolling Stone Posted Mar 19, 2009  [From Issue 1075 — April 2, 2009] The global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution   It’s … Continue reading →

Comparing the U.S. to Russia and Argentina Glenn Greenwald Salon.com Thursday March 26, 2009 Desmond Lachman — the former chief strategist for emerging markets at Salomon Smith Barney and a long-time official with the IMF (no raving socialist he) — … Continue reading →

Why Hasn’t Obama Targeted The Ongoing White Collar Crime Wave? by Danny Schechter Global Research, March 28, 2009 Another day. Another ponzi scheme This time it’s the Millenium Bank in the Eastern Caribbean accused of a mere $65 million dollar … Continue reading →

    by Prof. Michael Hudson Global Research, March 28, 2009     Newspaper reports seem surprised at how high banks are bidding  for the junk mortgages that Mr. Geithner is now bidding for, having  mobilized the FDIC and Fed … Continue reading →

  by Emily Spence Global Research  March 28, 2009   At the recent climate change conference in Copenhagen, attended by more than 2,500 researchers and economists, studies have been presented portraying a world in which there is a strong possibility that fifty percent of the … Continue reading →