US shanty towns spread like wildfire

Encampments and shanty towns are increasing across the US with more people losing jobs and shelters on the back of a deepening recession. “They just popped up about 18 months ago,” said homeless advocate Paul Stack, according to a New York Times article released on Thursday. “One day it was empty. The next day, there […]

Israel defends use of flesh-eating weapon

What defence is there for the use of white phosphor on civilians? None absolutely no excuse whatsoever. Tel Aviv hits back at a humanitarian report that suggests the Israeli army had ‘illegally’ shelled Gazans with white phosphorus shells. The New York-headquartered Human Rights Watch said in a recent report that Israel’s indiscriminate and deliberate use […]

Commander confirms Netanyahu war plans

Israel is preparing for all-out war on multiple fronts that include Iran, Syria and Lebanon, a senior military commander claims. Israeli army Home Front Command Major General Yair Golan said Sunday that Tel Aviv is preparing for “all possible scenarios”, indicating that one such scenario would be to fight a simultaneous war against Iran, Syria […]

USA has two options to save its economy: declare default or trigger off war

The United States is the largest borrower in the world. The US national debt has already exceeded the level of 11 trillion dollars as of the beginning of 2009 and continues to grow like an avalanche. Experts say that the USA has only two ways to solve the problem: to either declare default or trigger […]

Finance crisis ‘could lead to war’, IMF warns

Ah, the good old fashioned fear factor but also very true. WWII comes to mind as the outcome of the Great Depression. Made a lot of money incidentally for the selfsame assholes causing this recession. In case you didn’t know about the Money Masters now would be a good time to watch the video. The […]

How big a deal is the loss of the dollar’s reserve status?

As the dollar loses its reserves status, at least half of the world’s $5,385 billion dollar reserves will be sold off and replaced with other currencies (yuan, euro, khaleeji, gold, rand, etc…). The US, with its $71 foreign reserves, will not be able to do anything to counteract this mass exodus from the dollar. With […]

Chinese central bank backs Russian idea for new reserve currency

Uh OOh. What will it mean for the world if the US $ looses it’s reserve status? The chairman of the People’s Bank of China has spoken out in support of Russia’s proposal to create a new global reserve currency as an alternative to the U.S. dollar, Xinhua news agency reported on Tuesday. Zhou Xiaochuan […]

Rainbow Warrior bombing agent dies in French plane crash

Good riddens. Fernando Pereira who died in the attack lived in my neighbourhood in Amsterdam and was part of a much appreciated small Dutch Portugese community. That community which I knew was devastated after his death. I had friends in that community and I can only say good riddens to bad trash. A member of […]

China Offers No Fix for Global Slump

Just in case you were hoping that China was going to stop New Zealand from going into depression. Any prospect that China could be the growth engine to pull the world economy out of deep recession has been laid to rest by the latest World Bank forecast. At the recently completed annual National Peoples Congress […]

The U.K. wants your Twitter chatter under surveillance

Not happy with pushing the EU Data Retention Directive which would make ISPs store communication data for 12 months Vernon Coaker, the U.K. Home Office security minister, now wants all social networking sites and IM messaging service monitored as well. The Interception Monderisation Programme (IMP) is the government proposal for legislation to use mass monitoring […]

Stasi HQ UK… where details of all your journeys are secretly logged and kept for a decade

And this is not all. This anonymous office building on a business park near Heathrow Airport is where the Government has begun monitoring millions of British holidaymakers using its controversial new ‘terrorist detector’ database. The top-secret computer system – tied into the airlines’ ticketing network – makes judgments about travel habits and passengers’ friends and […]

Why Key’s national bike track could be paved with gold

Brilliant. John Key shows real leadership here. Fewer than two of every 100 visitors to New Zealand might use the Prime Minister’s proposed national cycleway – but the ones that do are likely to be among tourism’s bigger spenders. Tourism Ministry figures show fewer than 2 per cent of visitors take part in cycling, but […]

“Perp Walks Instead of Bonuses”: Veteran Journalist Robert Scheer on AIG Bonuses, the “Backdoor Bailout” and Why Obama Should Fire Geithner, Summers

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Stewart to Cheney: Drink a cup of ‘Shut the f**k up’

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Hyperinflation and US bankruptcy when will the dollar finally being dumped as the reserve currency?

“The implication is that authorities must be selling their dollar reserves in order to stabilise the USD-CNY exchange rate,” Gruenwald, a former International Monetary Fund official about the Chinese central bank. According to Puru Saxena, CEO of Puru Saxena Wealth Management the US is already bankrupt. His argument is that the GDP is US$ 14 […]

A Program of Financial Concentration: Was the Bailout Itself a Scam?

While the scamsters at the top of AIG pay themselves bonusses it pays  to remember that the amount of money they paid themselves is just mere fraction of the amount they received. The lump sum of the bail out goes to the banksters who insured their dodgy bets with AIG. yep you got it in […]

Preparing for Civil Unrest in America

Nothing will fix America. Humpty Dumpty has broken and can’t be put back together again. The financial elite knows this and are preparing for the next phase: The clampdown on dissent. After they have killed of what was left of the US economy and that of the rest of the world I might add and […]

Wall Street’s and the City’s Attempt to Destabilize the EU Banking System and the Euro

I would have thought that John Key being so knowledgeable on banking and governing would have volunteered his expertise to the G20. According to LEAP/E2020, there are only two options left for the G20 leaders who gather next April 2nd in London: either they rebuild a new international monetary system, creating the conditions for a […]

What does one TRILLION dollars look like?

All this talk about “stimulus packages” and “bailouts”… A billion dollars… A hundred billion dollars… Eight hundred billion dollars… One TRILLION dollars… What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I’d take Google Sketchup out for a test drive and try to […]

Cheney’s Mission Accomplished

March 17, 2009 “Information Clearing House” — –Dick Cheney: “I guess my general sense of where we are with respect to Iraq and at the end of now, what, nearly six years, is that we’ve accomplished nearly everything we set out to do….” What has Dick Cheney really accomplished in Iraq? An estimated 4 million […]

Harawira comments on alleged Key assault

Hallelujah, at least one of the Maori leadership has found his balls back. Maori MP Hone Harawira is being accused of defending an alleged assault against Prime Minister John Key. In a newspaper column Mr Harawira said he went to Kaitaia Courthouse to support nephews John Junior Popata, 33, and Wikatana Popata, 19. The pair […]

9/11 Commissioner Bob Kerrey: It Might Take “A Permanent 9/11 Commission” to End the Remaining Mysteries of September 11

Some of us have been writing for years (see this and this) that the 9/11 Commission Report was unreliable because most of the information was based on the statements of tortured detainees. As I wrote in March 2007: In fact, the 9/11 Commission Report was largely based on a third-hand account of what tortured detainees […]

Wall Street’s Fall Guy: “Fast Track Justice” for Bernie Madoff

Let me ask you this: If you were a judge in the Madoff case and Mr. Madoff, suspected of a US $50 billion  Ponzi scheme asks to be released into house arrest with access to his computer, bank accounts and with a wife who has been his accountant for the better part of his fraudulent […]

Lingering mystery: Congressman calls for probe into 2001 anthrax attacks

More than seven years after the first bio-terror attack on the United States, Congress is considering creating a commission to probe the government’s response to the anthrax-laced letters that killed five people. Representative Rush Holt, a Democrat, has submitted a bill that would create a bipartisan commission to investigate the government’s handling of the 2001 […]

WWIII alert: US kicks Iran war prep into high gear

Just days after the top US commander sketched out plans to strike Iran, the US military claims Tehran sent a drone into Iraq in February. The US military on Monday claimed that American jets had shot down an Iranian unmanned surveillance aircraft 97 kilometers northeast of Baghdad in February. The Ababil 3 was tracked for […]

Cheney: Obama responsible for next 9/11

US President Barack Obama’s decisions against Bush’s “war on terror” policies would cause another 9/11, says former vice president Dick Cheney. “President Obama campaigned against it all across the country,” Cheney told CNN on Sunday. “And now he is making some choices that in my mind will, in fact, raise the risk to the American […]

Lawyers Group Urges Bush Be Arrested or Barred from Canada in First Trip Abroad Since Leaving Office

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Kucinich Calls For Congressional Investigation Into Cheney “Assassination Unit”

Congressman says Hersh claims should be subject of formal probe Steve Watson Monday, March 16, 2009 Democratic Congressman Dennis Kucinich (D-OH) has called for a formal Congressional probe into allegations by investigative reporter Seymour Hersh that former Vice-President Dick Cheney had his own SS-style political assassination unit. Kucinich made the call Friday in a […]