Monthly Archives: August 2010

Accounting for the Counterparties in the Goldman Sachs Debacle Housing bubble histories, Now the Fed runs the system, the system has not improved, despite claims, gold a better shelter than T-Bills, how long will nations tolerate US monetization? Seven banks … Continue reading →

Talk of Recovery Hides Collapse Confidence by propaganda, election time coming, inflation by quantitative easing, major countries deep in debt, IMF could use interest rates to prick bubbles, massive injections of money must end and then return to the gold … Continue reading →

China overtakes Japan as No.2 economy: FX chief By Aileen Wang and Alan Wheatley Aileen Wang And Alan Wheatley Reuters Jul 30, 2010 BEIJING (Reuters) – China has overtaken Japan to become the world’s second-largest economy, the fruit of three … Continue reading →

The Political Spinning of the WikiLeaks Release:  Anti-war Whistleblowing or War Propaganda by Larry Chin Global Research July 30, 2010 Since the release of classified US military papers by WikiLeaks, the material has been aggressively spun by various political factions. … Continue reading →

The Rising Tide of Barbarism - Prospects for Socialism by Prof James Petras Global Research August 1, 2010 Introduction Western societies and states are moving inexorably toward conditions resembling barbarism; structural changes are reversing decades of social welfare and subjecting labor, … Continue reading →

Two Resolutions, One World War – Part 1 By: Ruqayyah Shamseddine Al-Manar TV 29/07/2010 “Every war when it comes, or before it comes, is represented not as a war but as an act of self-defense against a homicidal maniac.” – … Continue reading →

Bond Yields Plunge, Confidence Wanes, and the Financial Crisis Continues by Mike Whitney Global Research July 30, 2010 On Tuesday, the 30-year fixed-rate for mortgages plunged to an all-time low of 4.56%. Rates are falling because investors are moving into … Continue reading →

Political Repression and the Rise of Mexico’s Narco-State The Electrical Workers Union versus President Calderon by Prof James Petras Global Research July 30, 2010 “We are confronting a monster; a force that ridicules, deceives and wants to destroy us”. Miguel … Continue reading →

Russia, Afghanistan and Star Wars by Eric Walberg Global Research July 30, 2010 Russia’s accommodation of the US and NATO continues apace, with new support of the Afghan war and even missile defence, notes Eric Walberg. The Atlantists are on … Continue reading →

Uganda: U.S., NATO Allies Prepare New Invasion Of Somalia Rick Rozoff Stop NATO July 28, 2010 The 15th biennial African Union summit in Kampala, Uganda ended on July 27 with mixed results regarding support for U.S. and Western European plans … Continue reading →