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Member Submitted News

Mar 29 04:53

Norwegian = Dumber Than a Swede - Norway's global pension gamble

BBC News - Jorn Madslien It all came to a head earlier this month when it was revealed that Mr Slyngstad's fund suffered a loss of more than $90bn (£61bn) last year.

Rather than retrenching, Mr Slyngstad is preparing to pump billions more dollars into global stock markets.

Mar 29 04:22

Does the suicide rope belong in a bag of personal belongings returned to relatives?

BBC News Police apology over suicide rope Police have apologised to a widow for giving her the rope her husband had used to kill himself.

Mar 29 03:57

Spain court mulls US torture case - The American Six for Torture at Guantanamo Bay

BBC News Spanish judges have agreed to consider charging six former US officials with providing legal justification for alleged torture at Guantanamo Bay.

Mar 29 02:38

Peering into the Abyss

"To solve our problems we must first come to terms with their source. That is what the voices from abroad are telling us. We borrowed and spent ourselves to the brink of bankruptcy, and now we must save and produce ourselves back to prosperity.

Mar 28 19:33

British MP George Galloway barred from Canada under the Canada Israel "Public Security" Agreement

by Michel Chossudovsky

British MP George Galloway was refused entry to Canada on the pretext that he supported Hamas, which is categorized by the Canadian government as a "terrorist organization."

Contrary to what has been reported in the media, this was not a unilateral decision by the government of Canada.

In all likelihood, the decision was taken in close consultation with Israel under the terms of a farreaching agreement on "public security" signed in Tel Aviv on March 23 2008. The "Declaration of Intent" establishes a framework of bilateral cooperation between Canada and Israel in the area of "Public Security". The agreement has not been the object of debate in the Canadian parliament, nor has it received media coverage.

Under the proposed agreement, the Deputy Minister of Public Safety and Emergency Preparedness of Canada is in liason with his Israeli counterpart the Director General of Public Security for the Government of the State of Israel. Together they chair a joint Management Committee.

Looks like its not just the US politicians that Israel now has by the balls. /StingRay

Mar 28 18:24

UK backs Pakistan offensive

Britain has offered its full backing for a renewed military offensive inside Pakistan, as UK ministers confirmed the country was now "part of a single campaign" alongside Afghanistan.

Defence secretary John Hutton said the UK supported targeting Pakistan-based Taliban and al-Qaida positions and urged Europe to begin offering assistance to eradicate insurgents in the tribal regions bordering Afghanistan.

Confirming that Britain was being drawn into a widening regional conflict, Hutton said the time had come to target Taliban and al-Qaida havens inside Pakistan. In his most explicit statement of intent against Afghanistan's troubled neighbour, Hutton said that the military objectives in the region must now have "an equal focus on both countries".

Mar 28 14:37

CHANGE YOU CAN PARSE

Obama's inaugural address may have promised to "reject as false the choice between our safety and our ideals," but--in all the ways that matter--he's keeping all of Bush's outrageous policies in place.

Mar 28 14:29

What Not to Blame

We haven’t had a free market. We live in a heavily regulated, subsidized, coddled-and-attacked, over-taxed society. If the current debacle proves any system unfeasible, then the one proven wrong is the one we have. It’s the mixed economy that has proven to have worse than mixed results.

Mar 28 14:24

Seymour Hersh describes 'executive assassination ring'

"Under President Bush’s authority, they’ve been going into countries, not talking to the ambassador or the CIA station chief, and finding people on a list and executing them and leaving. That’s been going on, in the name of all of us.

Mar 28 10:48

Slavery and Taxation

Don’t employ the language of the rulers, call it for what it really is. Slavery.

Mar 28 09:16

Do New Bulbs Save Energy if They Don’t Work?

It sounds like such a simple thing to do: buy some new light bulbs, screw them in, save the planet.

But a lot of people these days are finding the new compact fluorescent bulbs anything but simple. Consumers who are trying them say they sometimes fail to work, or wear out early. At best, people discover that using the bulbs requires learning a long list of dos and don’ts.

...

Consumers are supposed to be able to protect themselves by buying bulbs certified under the government’s Energy Star program. But experts and some environmental groups complain that Energy Star standards are weak, permitting low-quality bulbs with too high a level of mercury, a toxic metal contained in all compact fluorescents.

Mar 28 08:00

Hail the Oath Keepers

Fighting for "principles" rather than "presidents," this is what separates Redcoats from the Green Mountain Boys.

Mar 28 07:54

James Petras: Regional Wars and the Decline of the US Empire

Zionists in power means that the US empire will continue to energetically and aggressively pursue military confrontations and regional wars in the Middle East at the behest of Israel. At no point has the Zionist-dominated White House or Congress questioned the exorbitant costs of serving Israeli interests – even in the midst of a major economic depression. Virtually the entire major media establishment and all 51 Major American Jewish Organizations, which are pressing for blockades, sanctions and preemptive war against Iran, are free to ignore the tremendous loss and suffering that this diversion of billions of US tax dollars from domestic investment to wars for Israel has caused to the American people. Zionist control over White House Middle East policy ensures that the US will be mired in endless wars in the Persian Gulf and South Asia because Israel has an open-ended military agenda encompassing the entire region and an army of agents willing and able to impose this agenda on the American government."

Mar 28 07:24

We Can't Make It Here Anymore

An excellent video that captures the sentiment of our times.

Mar 28 06:43

Militants attack NATO terminal in Pakistan

This article devotes a lot more ink to the "suicide bombing" of the mosque than to the attack on the supply terminal. The attack on the mosque smacks of a false flag.

Mar 28 05:29

Wall Street Changes its Rules at Will - Goldman Bailed Out 2 Executives - Buying Hedge Fund Shares Out of Public View

The New York Times - Louise Story The financial giant Goldman Sachs spent tens of millions of dollars [...] In an unusual move [...] bought back stakes in some internal investment funds from Jon Winkelried, the bank’s co-chief operating officer, and Gregory K. Palm, its general counsel.

Mar 28 04:31

In a Spew of Propaganda - NY Times Asserts Ire at Wall St. Bonuses Is Now Factor in House Race

The New York Times David M. Halbfinger - BALLSTON SPA, N.Y. — The race for the 20th Congressional District seat has never been solely about the concerns of the residents of the 10 mostly rural counties in the district.

Mar 28 01:29

Geithner's Hog Wallow

This time the banks are zeroing in on Geithner's cash giveaway bonanza, the "Public Private Investment Partnership" (PPIP). As expected, Bank of America and Citigroup have angled their way to the front of the herd, thrusting their snouts into the public trough and extracting whatever morsels they can find amid a din of gurgling and sucking sounds. Here's the story from the New York Post:

Mar 28 01:17

How the Scam Works

Here’s the rip-off as I see it. For an outlay of $750,000, the bank rids its books of a mortgage worth $2 million, for which it receives $4,250,000. It gets twice as much as the junk is worth.

The more the banks holding junk mortgages pay for this toxic waste, the more the government will pay as part of its 85 per cent. So the strategy is to overpay, overpay, and overpay. Paying 15 per cent is a small price to pay for getting the government to put in 85 per cent to take the most toxic waste off your books.

The free market at work, financial style.

Mar 28 01:09

Japan prepares to blast North Korean missile out of the sky

"North Korea earlier this week reiterated its claim that the missile was for a peaceful satellite launch, and warned that any attempt to shoot down would be considered an act of war, reports The Korea Times.

"We will retaliate any act of intercepting our satellite for peaceful purposes with prompt counter strikes by the most powerful military means," a spokesman for the General Staff of the Korean People's Army was quoted as saying, specifically naming South Korea, the US, and Japan.

"Shooting our satellite for peaceful purposes will precisely mean a war," the spokesman said in a statement carried in English by the Korean Central News Agency (KCNA)."

Mar 27 12:16

Using the family car as a piggy bank - Torching it for the insurance money appeals to many

Yahoo! Finance - The Wall Street Journal - Douglas Belkin - More Vehicles Burned, Ditched in Apparent Schemes by Owners to Get Insurance Payout Years of no-money-down car loans followed by sinking home values and rising unemployment has made many people desperate over car payments they can no longer afford. For some, the answer is to ditch the car, report it stolen and collect the insurance money to pay it off without hurting their credit.

Mar 27 11:25

Geithner's Toxic Debt Plan So Good, Citi and BofA Buy Paper Assets to Get Ready for the Dole

Yahoo! Finance - Aaron Task - Some big banks are aggressively bidding for toxic debt in the open market.

Mar 27 08:43

Pledge to Break Up the Banks

To stop the banks, Americans are planning creative actions all over the country for April 11. Spread the word. Actions are announced in:

Phoenix, AZ at AIG Building, 24th Street and Camelback Road

los angeles, CA at Griffith Park

San Diego, CA at Embarcadero

Hartford, CT at Courthouse, BOA, Dodd Office

Washington , DC at Lafayette Park

Chicago, IL at 231 LaSalle Street, 230 S. Dearborn
Boston, MA at Boston Common

Augusta, ME at State House

Detroit, MI at City County Building

Marquette , MI at UP Post Office 12 Noon

Saint Louis, MO at Under the Arch

Raleigh, NC at Bicentennial Plaza

Albuquerque, NM at First Plaza Galeria

New York, NY at Citigroup Headquarters more

Columbus, OH at Ohio Statehouse more

Mar 27 08:07

Townhall Talk and a New Way Forward

Obama's Thursday "town hall" featuring questions submitted online produced some interesting comments from our president.

Mar 27 07:33

US Government: Nearly Four In Ten Admitted To "Treatment" For Marijuana Haven't Used Pot

These statistics make it clear that it is not marijuana use per se that is driving these treatment admission rates; it is marijuana prohibition that is primarily responsible

Mar 27 06:57

Laser eye surgery risks 'underplayed by opticians'

High street laser eye surgery clinics play down procedural risks to prospective customers and are pressuring them into treatment options that cost more than the advertised price, according to an undercover investigation by Which?.

More than half the UK-based clinics visited by researchers from the consumer group – including Optical Express, Optimax and Ultralase – gave unsatisfactory advice, and none of the consultations given were rated as "good" by its panel of laser eye experts.

The clinics are criticised for failing to inform customers of the level and possible duration of medical risks and complications, which can include permanently poor night vision or, in extreme cases, some loss of sight.

Mar 27 06:52

UN & IMF Back Agenda For Global Financial Dictatorship

As Georgetown professor and CFR historian Carroll Quigley noted, the goal of the banking families and their minions consists of “nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole… controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.”

In 2007, Robert Mundell, “the father of the euro,” noted that “international monetary reform usually becomes possible only in response to a felt need and the threat of a global crisis.”

Mar 27 06:40

Most electronic voting isn't secure, CIA expert says

Stigall told the Election Assistance Commission, a tiny agency that Congress created in 2002 to modernize U.S. voting, that computerized electoral systems can be manipulated at five stages, from altering voter registration lists to posting results.

"You heard the old adage 'follow the money,' " Stigall said, according to a transcript of his hour-long presentation that McClatchy obtained. "I follow the vote. And wherever the vote becomes an electron and touches a computer, that's an opportunity for a malicious actor potentially to . . . make bad things happen."

See also: How To Rig An Election In The United States

Mar 27 05:50

Mainstream Media Bailout Bill Introduced

The “Newspaper Revitalization Act” was introduced this week by Senator Benjamin Cardin, a Democrat from Maryland.

“We are losing our newspaper industry the economy has caused an immediate problem, but the business model for newspapers, based on circulation and advertising revenue, is broken, and that is a real tragedy for communities across the nation and for our democracy. It is in the interest of our nation and good governance that we ensure they survive” said Senator Cardin.

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