Biden, Iraq, and Obama’s Betrayal

Incipient Democratic presidential nominee Barack Obama’s selection of Joseph Biden as his running mate constitutes a stunning betrayal of the anti-war constituency who made possible his hard-fought victory in the Democratic primaries and caucuses. The veteran Delaware senator has been one the leading congressional supporters of U.S. militarization of the Middle East and Eastern Europe, […]

Fading superpower, rising rivals

At the Beijing Olympics, China trounced the United States in the contest for gold medals. In the Caucasus, Russia inflicted a humiliating military defeat on Georgia, America’s closest ally in the region. At home, the US economy is in deep trouble. The misery index, a combination of the rates of inflation and unemployment, stands at […]

Internet Traffic Begins to Bypass the U.S.

“Suppose the Internet was entirely confined to the U.S., which it once was? That wasn’t helpful,” said Vint Cerf of Google. Invented by American computer scientists during the 1970s, the Internet has been embraced around the globe. During the network’s first three decades, most Internet traffic flowed through the United States. In many cases, data […]

Russia threatens to supply Iran with top new missile system as ‘cold war’ escalates

Russian President Dmitry Medvedev [right] speaks with Iranian President Mahmoud Ahmadinejad during their bilateral meeting in Dushanbe on August 28, 2008 Photo: AFP/GETTY US intelligence fears the Kremlin will supply the sophisticated S-300 system to Tehran if Washington pushes through Nato membership for its pro-Western neighbours Georgia and Ukraine. The proposed deal is causing huge […]

China quake kills 27, destroys 180,000 homes

Chinese rescue teams carrying tents, quilts and sacks of rice rushed Sunday to reach survivors of an earthquake that killed at least 27 people, turned tens of thousands of homes into rubble and cracked reservoirs. Images View More Images The 6.1-magnitude quake struck Sichuan province on Saturday along the same fault line as the May […]

Integrity Bank Becomes 10th U.S. Failure This Year

By Alison Vekshin and Ari Levy Aug. 29 (Bloomberg) — Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression. Integrity Bank, with $1.1 billion in assets and $974 million […]

Four homes – $43,000 lost in four months

Four properties, four months and $43,000 lost. That’s how much the weakening property market has slashed house prices in a Sunday Star-Times valuation investigation. We tracked four case-study houses in Auckland, Hamilton, Wellington and Christchurch, and asked Quotable Value to give us “before and after” estimates of their worth over a four-month period. The value […]

The 2008 Crisis in the Caucasus: A Unified Timeline, August 7-16.

To reveal and analyze what actually happened, it is essential to have a unified version of key events. To achieve this objective, I have examined the detailed timelines provided on the web sites of the Georgian Ministry of Foreign Affairs and Russia Today news service, integrating these with various Georgian, Russian, and international press reports. There are surprisingly […]

Jails ‘hold 8,500 ex-servicemen’

I guess these soldiers whose crimes are mostly related to Drugs and Alcohol abuse feel real good about what they did and are still doing in Irag and Afghanistan while bringing “Democracy” to these countries. [vodpod id=ExternalVideo.677166&w=425&h=350&] more about “BBC NEWS | UK | Wales | Jails ‘hold 8…“, posted with vodpod

China Dumps US Dollar Denominated Debt: Bank of China flees Fannie-Freddie

This is the absolute worst case scenario. China has been propping up the US economy for years, allowing it to wage wars and keep up consuming. For China to get rid of its US dollar denominated debt is a watershed action. The day of the total collapse of the western financial system is nigh. Bank […]

Economy at 60-year low, says Darling. And it will get worse

News Politics Economic policy Exclusive interview Economy at 60-year low, says Darling. And it will get worse Chancellor says Labour failing to communicate with voters Nicholas Watt, chief political correspondent The Guardian, Saturday August 30 2008 Article history Photograph: Junko Kimura/Getty images Britain is facing “arguably the worst” economic downturn in 60 years which will […]

Bush quietly seeks to make war powers permanent, by declaring indefinite state of war

WASHINGTON — Tucked deep into a recent proposal from the Bush administration is a provision that has received almost no public attention, yet in many ways captures one of President Bush’s defining legacies: an affirmation that the United States is still at war with Al Qaeda. Seven years after the Sept. 11 attacks, Mr. Bush’s […]

911 false flag

While in Europe the events of 911 are bwing disected on mainstream TV and more and more people are awakening to the fact that only three steelframed buildings have collapsed into a pyroclastic flow into their own footprints and even more staggering, in freefall speed two in under 11 seconds and one in under 7 […]

Lehman Brothers plans to lay off 1,500

Lehman Brothers, the ailing Wall Street bank, plans to lay off as many as 1,500 employees, or nearly 6 percent of its work force, before it announces third-quarter results on Sept. 15, a person briefed on the plans said Thursday. Lehman has already laid off 6,000 people since June 2007, mostly in its mortgage origination and […]

U.S. citizen was among Georgian commandos – Russian Military

A U.S. passport was found in a building in South Ossetia occupied by Georgian troops, a Russian military spokesperson revealed on Thursday. After Russian peacekeepers cleared the heavily defended building, a passport belonging to a Texan named Michael Lee White was discovered inside. Deputy Chief of Russia’s General Staff Anatoly Nagovitsyn showed photocopies of the […]

U.S. may have staged Georgian conflict – Putin

In an interview with CNN Russia’s Prime Minister Vladimir Putin has said the Georgian-South Ossetian conflict may have been staged to secure a victory for one of the presidential candidates in the U.S. He says preliminary reports show that U.S. citizens may have been present in the combat zone. “We have serious reasons to believe […]

As many as 300 banks could fail over the next three years

(Reuters)—More U.S. banks may fail after the collapse of mortgage lender IndyMac Bancorp, straining a financial system seeking stability after years of lending excesses. More than 300 banks could fail in the next three years, said RBC Capital Markets analyst Gerard Cassidy, who had in February estimated no more than 150. Banks face pressure as […]

Money and Politics in America

Democrats in Denver Should Skip One of Their Parties and Read the American Monetary Act How are things going at the Democratic Party National Convention in Denver this week? Are they talking about the fact that the Western world is run by an international financial elite headquartered in London, the financial capitals of mainland Europe […]

China wages war on Olympic weather

Wasn’t the weather in Beijing just amazing! BEIXIN, CHINA–Mark Twain once famously said, “Everybody talks about the weather, but nobody does anything about it.” Here, 25 kilometres northwest of central Beijing, they’re desperately trying to do something about it – it’s just that nobody wants to talk. “You can’t come in here,” says a groundskeeper […]

Iraq says U.S. sought troop presence to 2015

Uh Oooh, Iraq has the right, if necessary, to extend the presence of these troops. Maliki the US puppet has the right duty to keep the US troops in Iraq. Maliki who is hated by the Iraqis for his treasonous collaboration with the US cannot survive without US presence so my quess is the Americans […]

That’s getting a bit personal dude

Ooh yuk, when a $ 50 million dollar banker goes “dude” to high school students it always makes me nauseous. Were these students questioning him about the colour of his underwear? No they wanted his opinion about the electricity pylons throughout the Waikato. He’s a politician for f*&k’s sake and this is a sensitive issue […]

11 September, Wellington and 911 truth.

I will come to Wellington just before the 11th to support you, Wellingtonian 911 truthers. We should be having a field day with WTC 7 and the ridiculous NIST explanation. LOL. I am very curious to meet you all and look forward to a day of action. I will be burning high quality DVD’s with […]

NIST, WTC 7 and the ten most obvious connections between NIST and Thermite

NIST’s explanation that an entirely new Phenomenon “Thermal expansion” due to small office fires caused the most fortified building in New York to collapse in the freefall speed of 6.5 seconds beggars believe. But it gets worse; Shyam Sunder the lead investigator answered when questioned whether they had investigated the possibility that the building had […]

Rich countries once used gunboats to seize food. Now they use trade deals

In his book Late Victorian Holocausts, Mike Davis tells the story of the famines that sucked the guts out of India in the 1870s. The hunger began when a drought, caused by El Niño, killed the crops on the Deccan plateau. As starvation bit, the viceroy, Lord Lytton, oversaw the export to England of a […]

Iran: US air base being built near Iranian border

I guess this means they won’t be leaving any time soon. Tehran, 25 August (AKI) – The United States has reportedly begun constructing a new military base in Iraq’s Kurdistan region not far from the Iranian border. According to the state-owned Press TV, the Kurdistan Regional Government has allocated 700 hectares of land near Iran’s […]

The big secret in U.S. housing

Voters aren’t likely to hear much before the election about plans to end government support for two giants in home finance, Fannie Mae and Freddie Mac. Yet like house prices, the federally backed entities are on the skids – as is the whole idea of Washington continuing to aid investment in a market often treated […]