German firm probes final World Trade Center deals

German computer experts are working round the clock to unlock the truth behind an unexplained surge in financial transactions made just before two hijacked planes crashed into New York’s World Trade Centre on September 11. Were criminals responsible for the sharp rise in credit card transactions that moved through some computer systems at the WTC […]

Sucking Up to the Bankers: A Bipartisan Lovefest

Posted on Jul 29, 2008 AP photo / Jae C. Hong Sen. Barack Obama meets with his economic advisers Monday in Washington. From left: former Federal Reserve Chairman Paul Volcker, Obama, Service Employees International Union Chair Anna Burger, former Treasury Secretary Robert Rubin and New Jersey Gov. Jon Corzine. By Robert Scheer This is a time to […]

Apocalypse Down-under: Aussie bank’s write-offs signal doom for Wall Street

By Mike Whitney 30/07/08 “ICH” — – Monday’s trading on the New York Stock Exchange (NYSE) was a real humdinger. It started off with the White House announcing that this year’s fiscal deficit would soar to a new record of nearly $500 billion. That was followed by news of rising oil prices, weak quarterly earnings […]

Guardian Trust freezes $249m

Guardian Trust has frozen $249 million of investors’ funds, involving about 3700 investors, in a bid to ride out the global financial crisis. A total of 16,700 investors in three big mortgage fund managers have had more than $1 billion in money frozen. Guardian Trust managing director Sean Carroll said new investments and withdrawals from […]

Residents group miffed Key won’t meet them

So explain this to me Slippery John has time enough to check his portfolio and possessions and become even richer than he already is but he does not have time to meet with his constituants to listen to something that is obviously of great importance to them. Could it be that he has already pledged […]

1500 jobs at Telecom may be lost overseas

Financial benefits for whom? Oh for the telecom shareholders the 1500 Kiwi’s be damned. More than 1500 jobs are in doubt after Telecom announced it was looking at moving more of its call centre functions to the Philippines. That leaves just one customer service – 128 for faults – not undergoing trials in Manila. In an […]

Innocents’ DNA ‘should be erased’

DNA profiles of innocent people should be removed from the national database, a government-funded inquiry has said. Control of the database should be taken from government and police and an independent body should be established to run it, the Citizens’ Inquiry urged. Javed Aslam, one of the 30 members of the public on the panel, […]

Statesville suspect dies after Taser hits in jail

I’m sure he was not a nice man but these tasers eh, I thought they couldn’t kill. A Statesville man died after being shocked multiple times by Tasers at the Iredell County jail over the weekend, sources say. Anthony Davidson, 29, was unresponsive when he was taken to Iredell Memorial Hospital Saturday afternoon. He was […]

The forgotten war in Afghanistan still rages while we sleep

While we here in New Zealand welcome war criminal Condoleezza Rice and give her a state welcome the victims of her and her war crimes bosses they conned the world into the poor victims in these wars continue to die. Invariably and eufamistically called “Taliban” or “Insurgents” these invisible victims of our “Coalition of the […]

Plain Facts About Iran’s Military

By Eric Margolis 29/07/08 ” — -The intensifying saber rattling and war of words between the US and Israel, on one hand, and Iran have generated a great deal of hysteria, war fever and confusion. Senior Israeli cabinet members have threatened nuclear war against Iran. The western media has given the erroneous impression that Iran […]

U.S. biofuel plants go bankrupt on feedstock costs

And this is another reason why it is unsustainable. NEW YORK (Reuters) – Soaring corn and soy prices on top of rising construction costs and tight credit markets have pushed about a dozen U.S. biofuel plants to file for bankruptcy protection, experts said. Prices for corn, the feedstock for most U.S. ethanol plants, hit fresh […]

Chalmers Johnson, Warning: Mercenaries at Work

Most Americans have a rough idea what the term “military-industrial complex” means when they come across it in a newspaper or hear a politician mention it. President Dwight D. Eisenhower introduced the idea to the public in his farewell address of January 17, 1961. “Our military organization today bears little relation to that known by […]

Eaten up: What will happen when the food runs out

Residents protest on the streets in Port-au-Prince. Photograph: Eduardo Munoz/Reuters There is a passage towards the end of Raj Patel’s book, Stuffed and Starved, which elevates its author to the rank of soothsayer. He wrote it at the beginning of 2007, well before the roar of anger about rising food prices that resounded across the […]

Boeing Airborne Laser Team Begins Testing Laser With Chemical Fuel

No comment. Boeing , industry teammates and the U.S. Missile Defense Agency have completed installing the high-energy laser aboard the Airborne Laser (ABL) aircraft and have begun testing the laser with its chemical fuel at Edwards Air Force Base, Calif.The tests involve flowing the laser’s chemicals through the laser to confirm sequencing and control. Once […]

They Know What’s in Your Medicine Cabinet

This is what privatised health care looks like folks. It’s about profit not about care. by Chad Terhune BW Magazine The Real Question: Should Oil Be Cheap? Power Surge Why Did IndyMac Implode? News You Need to Know Why the Dollar May Be Ready for a Rebound This Issue August 4, 2008 The Real Questions […]

Alex Jones’ Prison Cops Tase Barely Conscious Boy With Broken Back 19 Times For Non-Compliance

Oh yeah, we so want tasers over here too.Just imagine NZ cops going after a couple of taggers with one of these in their hands. Do you see the restraint they are so not going to show. [vodpod id=ExternalVideo.645585&w=425&h=350&] more about "Alex Jones’ Prison Cops Ta…", posted with vodpod

The Last Hurrah for the Banking System

And that means the last hurrah for the NZ banking system too. By Mike Whitney 28/07/08 “ICH” — The Bush administration will be mailing out another batch of “stimulus” checks in the very near future. There’s no way around it. The Fed is in a pickle and can’t lower interest rates for fear that food […]

Acts of War: the war with Iran has begun.

Believe it or not but Scott is one of my all time heroes. Republican, right wing and ex-marine. Now how come people think that i must be a left wing conspiracy nutter if even this man wants a new 911 investigation? Scott Ritter is a former U.N. weapons inspector and Marine intelligence officer who has […]

Stock pumping scandal: Merrill Lynch pays $100m fine and pledges

In 2002 Merrill Lynch was forced to pay a $100 million fine because it had used stock analysts to pump up the prices for IT companies while the whole bubble was already bursting. When did this happen in 1999. Another banking scandal around the Bank were John Key was working at the time. He sure […]

Finance firm’s staff ‘told to lie’

I wonder what John Key thinks about all of these collapsing Finance companies but he remains silent on the subject. He used to work for a bank called the Bankers Trust who had a word they used when talking about their gullible punters. This word was ROF it stood for Rip Off Factor. I wonder […]

Aussie iron miner keen on West Coast exploration

I bet he would. Australia’s Fortescue Metals – the self-proclaimed “new force in iron ore” – is interested in the West Coast’s iron sands, according to The Australian newspaper today. The Pilbara iron ore miner has lodged several applications for exploration on the West Coast via New Zealand subsidiary, FMG Pacific. Fortescue’s attempt to stake […]

The Bush Administration’s Secret Biowarfare Agenda

When it comes to observing US and international laws, treaties and norms, the Bush administration is a serial offender. Since 2001, it’s: — spurned efforts for nuclear disarmament to advance its weapons program and retain current stockpiles; — renounced the 1970 Nuclear Non-Proliferation Treaty (NPT) and asserted the right to develop and test new weapons; […]

SEC Subpoenas Wall Street in Hunt for `Manipulators’

July 16 (Bloomberg) — The U.S. Securities and Exchange Commission subpoenaed Wall Street’s biggest firms and hedge-fund advisers in a widening effort to crack down on suspected manipulation of Lehman Brothers Holdings Inc. and Bear Stearns Cos. shares, said three people with knowledge of the matter. The SEC’s enforcement unit is demanding information from investment […]

BP profits hit record $13.4bn on soaring oil price

While Wall street crashes and thousands upon thousands of US citizens join the ranks of the homeless and the dispossessed it’s good to know there are still a few who are raking it in. Robin Pagnamenta BP, the British oil giant, unveiled a 23 per cent rise in profits this morning, boosted by record global […]

Hijackers steal British passport stash

LONDON (AFP) – Hijackers made off with boxes of blank British passports worth a fortune on the black market in a raid on a delivery van, police said Tuesday, in the latest blow to the government’s record on security. Detectives said the 24 boxes of about 3,000 passports and visa documents, destined for British embassies […]

Moscow: U.S. is on brink of survival crisis.

MOSCOW. July 29 (Interfax) – Moscow thinks that the United States could face a serious domestic crisis in the near future. “The U.S. is on the brink of a mass crisis of surviving,” a source with the Russian Foreign Ministry told journalists on Tuesday. “The U.S. is on the track of drastic and painful changes,” […]

BBC: America’s house price time bomb

By Michael Robinson BBC World Service With the American housing market in its worst crisis since the Great Depression of the 1930s, President Bush is expected to sign into law a massive new government intervention designed to slow the slide. Banks in the US could end up owning ever more houses The intervention would come […]

Exclusive Brethren accused of kidnapping

Ooh oops, A writ is expected to be filed in the High Court on Wednesday alleging the involvement of the secretive Exclusive Brethren in a variety of crimes, including fraud and kidnapping. Three sisters, from India, who say they are on the run from the religious sect, allege they can link it to numerous crimes. […]