By Michel Chossudovsky URL of this article: www.globalresearch.ca/index.php?context=va&aid=10767 Global Research, October 31, 2008 For several years now, senior officials of the Bush administration including the President and the Vice President have intimated, in no certain terms, that there will be “a Second 9/11″. Quotations from presidential speeches and official documents abound. America is threatened: “The [...]
Full Story »“A Second 9/11″: An Integral Part of US Military Doctrine
U.S Gap Between Rich and Poor Widening!
By Bob Kendall October 31, 2008 “Information Clearinghouse” — “PC” — Now that the U.S.A. has discovered that only Mexico and Turkey had poverty rates higher than the 30-country study by the Organization for Economic Cooperation and Development, what if anything will be done to help the U.S. poor obtain health care? Politicians, during campaigns, [...]
Full Story »The World Tires of Dollar Hegemony
By Paul Craig Roberts October 30, 2008 ““Information Clearinghouse“” — What explains the paradox of the dollar’s sharp rise in value against other currencies (except the Japanese yen) despite disproportionate US exposure to the worst financial crisis since the Great Depression? The answer does not lie in improved fundamentals for the US economy or better [...]
Full Story »India plays at Russian Imperial roulette
India plays at Russian Imperial roulette By John Helmer MOSCOW – India’s Minister of Petroleum and Natural Gas Murli Deora was to have been in Moscow last week to urge approval of a controversial plan to put 1.4 billion pounds sterling (US$2.43 billion) into a London-listed company called Imperial Energy Corporation. Questions the deal raises [...]
Full Story »The “Dirty Little Secret” Of the US Bank Bailout
By Barry Grey 27 October 2008 “WSWS” — In an unusually frank article published in Saturday’s New York Times, the newspaper’s economic columnist, Joe Nocera, reveals what he calls “the dirty little secret of the banking industry”–namely, that “it has no intention of using the [government bailout] money to make new loans.” As Nocera explains, [...]
Full Story »Top Economic Strategist warns of ‘Catastrophe and Revolution’
http://www.marxist.com/top-economic-strategists-warns.htm Top Economic Strategist warns of ‘Catastrophe and Revolution’ By Rob Sewell Wednesday, 29 October 2008 We are facing the worst economic crisis since the 1930s. Despite all the efforts to bail out the banking system, the economic crisis has only just started to bite. How deep or long the crisis will last is difficult [...]
Full Story »What Will YOU Do About The Worst Capitalist Crisis Since The 1930s?
Uniting & fighting back is no longer a choice; it’s a matter of survival By Larry Holmes October 28, 2008 — “Workers World” — – Most people have heard that the economic nightmare—the “greed and profits before society” that the capitalist system is plunging us into—is the worst crisis since the so-called Great Depression of [...]
Full Story »Remind Me Again – Who Won The Cold War?
By David Michael Green October 27, 2008 “Information Clearinghouse” — Okay, you’re gonna need to fasten your seatbelt for this one. Hear’s a quiz for you: Who was the third most ‘socialist’ president in American history? Hmmm… Hard to say, eh? I think we can all agree that Franklin Roosevelt, who brought the first incarnation [...]
Full Story »Wall Street’s Trojan Horse
Russia’s foreign minister Sergei Lavrov has announced that Brazil, Russia, India and China will “coordinate efforts in overcoming the financial crisis”. The statement suggests that the four countries will confront the dominant US-UK-EU alliance, which personifies Western banking interests, at the forthcoming Summit in Washington. “We are going to coordinate our moves with the leading [...]
Full Story »Unscrupulous Manipulation of the US Financial
Unscrupulous Manipulation of the US Financial Architecture: The Failed Presidency of George W. Bush A Dismal Legacy. Part II Author’s Website: www.thenewamericanempire.com/ “Greed is good. Greed is right. Greed Works.”Gordon Gekko, corporate raider (played by Michael Douglas) in the movie Wall St. “President [George W.] Bush will be remembered as the most fiscally irresponsible president [...]
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