Monday, 26 October 2009


Are You Ready for the Next Crisis?

By Paul Craig Roberts

Evidence that the US is a failed state is piling up faster than I can record it. 
Continue


After the Billionaires Plundered Alabama Town, 
Troops Were Called in ... Illegally


By Mark Ames

One of this year's more disturbing stories that were ignored was the illegal Army occupation of Samson, Alab., in March following a shooting spree that raged across two towns by a disgruntled worker, leaving 11 people dead. 
Continue


Detroit House Auction Flops For Urban Wasteland

By Kevin Krolicki

After five hours of calling out a drumbeat of "no bid" for properties listed in an auction book as thick as a city phone directory, the energy of the county auctioneer began to flag. "OK," he said. "We only have 300 more pages to go." 
Continue


The US Military-Industrial-Congressional Complex

By Larry Wilkerson:

The beginning of the American "Imperial Rome" and Eisenhower's warning. 
Continue


"Will the Dollar Still be the World's Reserve Currency in 5 Years?" 

Interview with Prof. Menzie D. Chinn

By Mike Whitney

The Fed's measures have probably weakened the dollar over the short term; but in staving off a worse recession in the US (and a collapse in the financial system), it has probably meant a stronger currency over the medium term. 
Continue


Hosts and Parasites

The Consequences of Default 

By Michael Hudson

What happens when a country goes broke? 
Continue


Venezuela ups border security after 10 slayings: Ten men who belonged to the same soccer team were slain execution-style nearly two weeks after being abducted in a crime that Venezuela said Sunday could be the work of warring factions in neighboring Colombia.

UK: Police in £9m scheme to log 'domestic extremists': Police are gathering the personal details of thousands of activists who attend political meetings and protests, and storing their data on a network of nationwide intelligence databases.

The Cover-Up Continues: The Obama administration has clung for so long to the Bush administration’s expansive claims of national security and executive power that it is in danger of turning President George W. Bush’s cover-up of abuses committed in the name of fighting terrorism into President Barack Obama’s cover-up.

Capmark Files for Bankruptcy With $21 Billion in Debt : Capmark, based in Horsham, Pennsylvania, is one of the largest U.S. commercial real estate finance companies, with more than $10 billion in originations, according to Moody’s Investors Service.

A desert for jobs and no end in sight: While millions of workers are struggling to get by on inadequate unemployment benefits, millions more are cut off completely as joblessness rises, reports