Blair Snubbed After Memorial for Iraq Dead War, What Is it Good For? What Not Being Able To Buy Oil In Dollars Means The Securitization Boondoggle The Uneducated American 9/11 And The New American Century GE: 10,000 applications for 90 factory jobs: Job seekers filed 10,000 applications over three days with General Electric for 90 openings paying about $27,000 a year building washing machines, General Electric spokeswoman Kim Freeman said Thursday. Michael Moore: Congratulations President Obama on the Nobel Peace Prize -- Now Please Earn it! Watchdog: Obama's Mortgage Relief Efforts Aren't Good Enough: The Obama administration's efforts to force the modifications of distressed mortgages, while laudable, is likely to fall far short because the foreclosure crisis has grown and threatens to dwarf government efforts to relieve it, a special congressional watchdog panel warned in a report released Friday. F.H.A. Problems Raising Concern of Policy Makers: A year after Fannie Mae and Freddie Mac teetered, industry executives and Washington policy makers are worrying that another government mortgage giant could be the next housing domino. 400,000 jobless out of luck: A move in Congress to extend benefits for the unemployed has been slowed as lawmakers debate who should qualify.
By AFP
Former British prime minister Tony Blair was told he had "blood on his hands" by the father of a dead soldier Friday, after a memorial for the fallen of the Iraq war in London. Continue
Iraq to Deal Oil in Euros
By Digby
You may remember that among the million and one reasons why we may have "really" gone into Iraq was this one, embraced mostly by alleged conspiracy theorists and silly leftists who thought that the invasion might have something to do with oil and the dollar: Continue
By Ian Welsh
The US can’t live on weapon sales alone. In most other fields, including telecom, the internet, large chunks of biotech, renewable energy, ground transportation and so on the US now lags other modern economies. Continue
By Mike Whitney
The relentless financialization of the economy has resulted in a hybrid-system of credit expansion which depends on pools of loans sliced-and-diced into tranches and sold into the secondary market to yield-seeking investors. The process is called securitization and it lies at the heart of the current financial crisis. Continue
By Paul Krugman
If you had to explain America’s economic success with one word, that word would be “education.” In the 19th century, America led the way in universal basic education. Then, as other nations followed suit, the “high school revolution” of the early 20th century took us to a whole new level. And in the years after World War II, America established a commanding position in higher education. Continue
Video
The film exposes how every major war in US history was based on fraud . Continue
Monday, 12 October 2009
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