Jim Rogers: Abolish The IMF & World Bank
In an interview with Sir David Frost on Al Jazeera television, veteran investor Jim Rogers pinned the blame for the economic crisis squarely at the feet of the Federal Reserve, and said that the World Bank and the IMF should be abolished, not given more power, if a recovery is to be made.
Last Updated: Tuesday, February 17, 2009 20:41 GMT
It’s Getting Ugly: Economist Says Hoard Gold & Scotch
Respected economist John Williams, editor of ShadowStats.com, a popular website that tracks real inflation figures, is advising that people hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly.
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New Navy-funded Report Warns of War Robots Going “Terminator”
A new Navy-funded report warns against a hasty deployment of war robots, and urges programmers to include ethics subroutines — a warrior code of sorts. The alternative they say, is the possibility of a robotic atrocity, akin to the Terminator or other sci-fi movies.
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Ont. cop predicts people will ’snap’ for being stopped under new smoking law
It’s only a matter of time before someone “snaps” after being pulled over under Ontario’s new law forbidding smoking in a vehicle carrying a minor, a police officer said Monday in response to a quirk in the legislation that was made evident during a weekend incident.
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Coast to Coast am - Alex Jones
From CoastToCoastAM.com: Alternative media activist Alex Jones and author Jerome Corsi will discuss steps some states are taking to preserve sovereignty and personal freedoms which include gun ownership, gold & silver ownership, & home schooling.
Bill Clinton Fears ‘Climate Will Crater and We Won’t Be Able To Preserve Civilization’
So much for the end of the politics of fear, especially when it comes to the hot-button issues of the day.
• Doomsday seed vault’s stores are growing
Does the US Make Anything Anymore?
It may seem like the country that used to make everything is on the brink of making nothing.
EU foiled in bid to force France, Greece to allow GM crop
The European Commission was foiled Monday in its bid to force France and Greece to allow genetically modified maize from US biotech giant Monsanto to be grown in their fields.
Errors in publicly presented data - Worth blogging about?
In the prior thread I raised a question of why there was a large downward jump in sea ice extent on the graph presented by NSIDC’s Artic Sea Ice News page. The image below was the reason, dozens of people called my attention to it in emails and comments overnight because in the space of a weekend, a million-plus square kilometers of Arctic sea ice went missing. Note the blue line.
Ron Paul: Government Spending Driving Us Into Depression
Texas Congressman Ron Paul has slammed the stimulus bill, passed by the House and Senate last week, as a blatant continuation of the destructive economic policy that caused the financial crisis in the first instance.
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Dollar and Gold Move Sharply Higher on Panic
The next resistance for gold to overcome is $988 and then $1032. Shorter term traders, think about protecting profits. Longer term gold bugs, it might be better to look away for awhile, or just squint and pray that the thing clears $1032 and bases up there.
• Russian stocks tumble, trading suspended
• Stocks sink to 3-month lows
The Global Ditch: Is Eastern Europe Primed to Explode?
Eastern Europe is about to blow. If it does, it could take much of the EU with it. It’s an emergency situation but there are no easy solutions. The IMF doesn’t have the resources for a bailout of this size and the recession is spreading faster than relief efforts can be organized.
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UN: Afghan civilian deaths a record high in 2008
The number of Afghan civilians killed in armed conflict surged to a record 2,118 people last year as the Afghan war turned increasingly bloody, the U.N. said in a new report Tuesday.
Air Force Begins Voluntary Retired Rated Recall Program
The rapid expansion of unmanned aircraft systems and other emerging missions and rated officer requirements has created an Air Force demand for experienced, rated officers. To meet these critical shortages, the secretary of the Air Force has initiated a Voluntary Retired Rated Recall Program.
Iraq Reconstruction: the Greatest Fraud in US History?
In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after the fall of Saddam Hussein.
Did Israel test new weapons in Gaza?
The Palestinian Authority is calling for an international investigation of the weapons used by Israel during its three-week assault on Gaza. There are claims so-called DIME bombs were dropped from drone aircraft. This kind of bomb is designed to produce an intense explosion in a small space.
• Israel seen engaged in covert war inside Iran
• West ‘wants to boot Russia out of Iran’
The Left in Power
The theme of my book The Left, The Right, and The State is that both sides of the political aisle represent a grave threat to liberty, though each of a different sort. It is like two people tugging at a turkey’s wishbone. The turkey is liberty and you are the bone.
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Gold Jumps to 7-Month High as Investors Seek to Preserve Wealth
Gold climbed to the highest level in seven months on demand from investors to protect the value of their assets as stocks slump and the global recession deepens.
Ex spy chief says UK risks “police state”
The former head of MI5 has accused the government in an interview of eroding civil liberties by exploiting fears over terrorism.
• Is it a crime to take pictures?
• Calling the police to account