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Economy-budget
Marc Faber: "US will default on debt or enter hyperinflation" (video)
By : Solve et Coagula - Wednesday February 11, 2009

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Rep. Kanjorski: $550 Billion Disappeared in "Electronic Run On the Banks" (video)
By : Solve et Coagula - Monday February 9, 2009
At 2 minutes, 20 seconds into this C-Span video clip, Rep. Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a "tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars." According to Kanjorski, this electronic transfer occured over the period of an hour or two.
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I’ll Wait For You
By : Daveparts - Saturday February 7, 2009
By David Glenn Cox http://theservantsofpilate.com Years ago I was in a terrible car crash. It was a beautiful, sunny spring day and we were headed for Panama City, Florida. My friend had just replaced his four thousand-pound Ford with a new MGB convertible. The back tire, the driving wheel, got into the gravel and lost traction. The car swerved and he jerked the wheel to correct, but it wasn’t a four thousand-pound Ford, just an eighteen hundred-pound sports car. All of my life (...)
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I.O.U.S.A. ONE NATION. UNDER STRESS. IN DEPT - SHOCKUMENTARY
By : Solve et Coagula - Saturday February 7, 2009
http://www.iousathemovie.com/
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GM, Chrysler offer workers cash, cars to leave
By : Solve et Coagula - Friday February 6, 2009
GM, Chrysler offer workers cash, cars to leave Tue Feb 3, 2009 12:38am By Poornima Gupta DETROIT (Reuters) - General Motors Corp (GM.N) and Chrysler LLC on Monday began offering a new round of retirement incentives including vouchers for cars as the automakers move to reduce workers and inventory. GM will offer its U.S. hourly workers $20,000 in cash and a $25,000 voucher to buy a vehicle as an incentive to retire or leave the company, an official with the United Auto Workers union (...)
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Leading Economists: Let the banks fail
By : Solve et Coagula - Thursday February 5, 2009
Leading Economists: Let the banks fail Global Research, February 2, 2009 George Washington Blog. The government and Wall Street have endlessly repeated the statement that we have to save the banks, or the whole economy will be destroyed. But leading experts - including the following people - say that letting the banks fail will help the economy recover: Nobel prize-winning economist Joseph Stiglitz Leading monetary theorist Anna Schwartz Highly-regarded PhD economist Michael Hudson (...)
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A US Dollar conspiracy theory?
By : Solve et Coagula - Thursday February 5, 2009
1 comment
A US Dollar conspiracy theory? Global Research, February 4, 2009 Russia Today - 2009-01-30 While the world economy collapses the American dollar continues to strengthen its position in the world, to little wonder – it’s getting back to its basics as the backup currency on every continent except Antarctica. Yet since the U.S. has debts two times exceeding the world’s GDP one cannot help but ask oneself – what’s next? The web is flooded with lots of theories (...)
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Keiser: U.S. Dollar the “Roach Motel of Global Currencies”
By : Solve et Coagula - Thursday February 5, 2009
http://www.infowars.com/keiser-us-d...
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The World Economic forum (WEF): Requiem for an overweight
By : Solve et Coagula - Thursday February 5, 2009
The World Economic forum (WEF): Requiem for an overweight by Eric Walberg Global Research, February 4, 2009 “The WEF is not a government of the world,” said organiser Andre Schneider wistfully in the crisp Davos air. The world’s economic elite gathered in a subdued atmosphere at this year’s World Economic Forum to assess the now global economic crisis. New York University professor Niso Abuaf compared it to a funeral, though not for the sake of the dead (...)
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America Faces the Music in Davos
By : Solve et Coagula - Wednesday February 4, 2009
By William Pfaff The American participants in this year’s World Economic Forum in Davos, Switzerland, have been the first to confront the full international blowback to the U.S.-created world economic crisis. The crisis has devastated America’s reputation for intellectual innovation and practice in global finance, its business leadership and its domination of applied and academic economics—all promoted at the Davos forum for decades. Last Friday, a Wall Street Journal (...)
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The Obama Crossroads: Neo-Liberal Coup or Responsible Government
By : Solve et Coagula - Monday February 2, 2009
The Obama Crossroads: Neo-Liberal Coup or Responsible Government by Prof. John McMurtry Global Research, February 1, 2009 When the U.S. Treasury gave away $700 billion to Wall Street banks with no strings attached in October of 2008, the Obama team gave a green light. A popular insurgence was soon silenced, with public wrath directed instead at the U.S. auto producers (and unions) who followed with a request for $25 billion. The auto companies ended up with a loan of about 1/50th the (...)
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Economic meltdown could cost 50 million jobs, says ILO
Monday February 2, 2009
One World South Asia 29 January 2009 The global economic crisis is expected to lead to a dramatic increase in the number of people joining the ranks of the unemployed, working poor and those in vulnerable employment, the International Labour Office (ILO) says in its annual Global Employment Trends report (GET). Source: minnesotaindependent.com The ongoing financial crisis could add another 50 million to the globally unemployed. This grim scenario is predicted by ILO’s latest (...)
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Worse than the Great Depression
By : Solve et Coagula - Sunday February 1, 2009
Worse than the Great Depression by Dr. Krassimir Petrov Global Research, February 1, 2009 GoldSeek.com The mainstream media and Wall Street have reached the consensus that the current credit crisis is the worst since the post-war period. George Soros’ statement that ”the world faces the worst finance crisis since WWII” epitomizes the collective wisdom. The crisis is currently the ultimate scapegoat for all the economic evils that currently plague the global financial (...)
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China Considering Dropping U.S. Treasuries for Gold
By : Solve et Coagula - Saturday January 31, 2009
China Considering Dropping U.S. Treasuries for Gold Posted January 30th, 2009 by MississippiGRITS LONDON, Jan 30 (Reuters) - Gold slipped from a three-month high on Friday after data showed the U.S. economy had contracted by less than expected in the fourth quarter, taking some of the heat out of safe-haven buying. Spot gold climbed 2 percent to $926.90 an ounce, its highest since Oct 10. It was quoted at $918.90/920.90 an ounce at 1406 GMT, up from $906.75 in New York late on Thursday. (...)
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We’re the Government - and You’re Not !
By : Solve et Coagula - Sunday January 25, 2009
What if the U.S. government released an "educational video" to teach today’s Americans how to be good citizens?
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Death of the American Empire: America is self-destructing & bringing the rest of the world down with it
By : Solve et Coagula - Sunday January 25, 2009
Death of the American Empire: America is self-destructing & bringing the rest of the world down with it By Tanya Cariina Hsu Global Research, October 23, 2008 I believe that banking institutions are more dangerous to our liberties than standing armies. (Thomas Jefferson, US President; 1743 - 1826) America is dying. It is self-destructing and bringing the rest of the world down with it. Often referred to as a sub-prime mortgage collapse, this obfuscates the real reason. By (...)
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Economics the Hard Way
By : Daveparts - Friday January 23, 2009
By David Glenn Cox http://theservantsofpilate.com My father used to lament the poor mathematical performance of his children, “They struggle to get a C in math, yet they always know to the penny how much allowance they are due.” It was true enough and goes straight to the heart of the problem with numbers. We have a fundamental disconnect with the numbers that don’t affect us directly. The cheering crowd on the National Mall Tuesday, estimated to be one million plus, was (...)
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The Economy Tanking rapidly! Faster than expected! Prepare NOW!
By : Solve et Coagula - Thursday January 22, 2009
The Economy Tanking rapidly! Faster than expected! Prepare NOW! The economy is collapsing faster than expected. The dollar will be gone in a matter of months. DR Ron Paul said on Tuesday the Treasury is already looking for a new currency. The Banksters have stolen all the money they can from us! The economy will NOT get better for many years... Many many years... And most Americans sit and watch their TV’s and are told everything is going to be alright! Its NOT and we know it! (...)
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Fmr chief of US Federal Reserve and current economic adviser to President Obama warns of US dollar crash
By : Solve et Coagula - Thursday January 22, 2009
Paul Volcker, the former chief of the U.S. Federal Reserve and current economic adviser to President Barack Obama warns of U.S. dollar Crash Tobias Bayer (Frankfurt) He was famous for his tough anti-inflation rate at the top of the U.S. central bank in the’80s. Now the 81-year-old adviser to Obama. In unusually sharp words, he drew a gloomy picture of the U.S. economy. Paul Volcker, the former chief of the U.S. Federal Reserve and current economic adviser to President Barack Obama, (...)
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Global Depression. This Doesn’t Look Good: Taiwan, Korea and China Exports Tank
By : Solve et Coagula - Tuesday January 20, 2009
These look a lot like charts of financial variables after a bubble bursts, not charts of the level of exports. That isn’t good. Looking just as the monthly data risks being misleading. There is a lot of seasonality in Taiwan’s exports. They usually dip in February. It is a short month, it often corresponds with the Chinese new year and the data isn’t seasonally adjusted. A small dip in December after the end of the Western holiday season also isn’t unusual. But such (...)
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DAZIBAO
I, European citizen, won’t let refugees be rejected in my name
Thursday 10 March
©Olivier Jobard/Myop I, European citizen, won’t let refugees be rejected in my name THE RIGHT TO ASYLUM IS A RIGHT In the phrase « right to asylum », every word matters. Under the law, every person who is persecuted because of his or her political opinions or because of his or her identity, every person that is endangered by violence, war or misery has a RIGHT to seek asylum in another country The aim of this petition is to collect (...)
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Neo-Nazis and far-right protesters in Ukraine 3 live-stream
Friday 24 January
2 comments
The far-right in Ukraine are acting as the vanguard of a protest movement that is being reported as pro-democracy. The situation on the ground is not as simple as pro-EU and trade versus pro-Putin and Russian hegemony in the region. When US Senator John McCain dined with Ukraine’s opposition leaders in December, he shared a table and later a stage with the leader of the extreme far-right Svoboda party Oleh Tyahnybok. This is Oleh Tyahnybok, he has claimed a "Moscow-Jewish mafia" (...)
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Hugo Chavez is dead (video live)
Wednesday 6 March
by : Collective BELLACIAO
1 comment
President Hugo Chavez companeros venezueliano died after a long battle with cancer.
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International initiative to stop the war in Syria Yes to democracy, no to foreign intervention!
Thursday 13 December
Your support here: http://www.peaceinsyria.org/support.php We, the undersigned, who are part of an international civil society increasingly worried about the awful bloodshed of the Syrian people, are supporting a political initiative based on the results of a fact-finding mission which some of our colleagues undertook to Beirut and Damascus in September 2012. This initiative consists in calling for a delegation of highranking personalities and public figures to go to Syria in order to (...)
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THE KU KLUX KLAN ONCE AGAIN CONTROLS INDIANA
Monday 12 November
by : David R. Hoffman, Legal Editor of Pravda.Ru
7 comments
At first glance, the results of America’s 2012 election appear to be a triumph for social, racial, and economic justice and progress in the United States: California voters passed a proposition requiring the rich to shoulder their fair share of the tax burden; Two states, Colorado and Washington, legalized the recreational use of marijuana, while Massachusetts approved the use of marijuana for medical purposes; Washington and two other states, Maine and Maryland, legalized same-sex (...)
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I’VE DECIDED TO "WASTE" MY VOTE
Sunday 28 October
by : David R. Hoffman, Legal Editor of Pravda.Ru
In a 2004 episode of Comedy Central’s animated series South Park, an election was held to determine whether the new mascot for the town’s elementary school would be a “giant douche” or a “turd sandwich.” Confronted with these two equally unpalatable choices, one child, Stan Marsh, refused to vote at all, which resulted in his ostracization and subsequent banishment from the town. Although this satirical vulgarity was intended as a commentary on the two (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART IV
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART III If there is one major inconsistency in life, it is that young people who know little more than family, friends and school are suddenly, at the age of eighteen, supposed to decide what they want to do for the rest of their lives. Unfortunately, because of their limited life experiences, the illusions they have about certain occupations do not always comport to the realities. I discovered this the first time I went to college. About a year into my studies, I (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART III
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART IV Disillusioned with the machinations of so-called “traditional” colleges, I became an adjunct instructor at several “for-profit” colleges. Thanks largely to the power and pervasiveness of the Internet, “for-profit” colleges (hereinafter for-profits) have become a growing phenomenon in America. They have also been the subject of much political debate and the focus of a Frontline special entitled College Inc. Unlike traditional (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART II
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART III PART IV Several years ago, a young lady came into the college where I was teaching to inquire about a full-time instructor’s position in the sociology department. She was advised that only adjunct positions were available. Her response was, “No thanks. Once an adjunct, always an adjunct.” Her words still echo in my mind. Even as colleges and universities raise their tuition costs, they are relying more and more on adjunct instructors. Adjuncts are (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART I
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART II PART III PART IV When The Bill of Rights was added to the United States Constitution over two hundred years ago, Americans were blessed with many rights considered to be “fundamental.” One conspicuously missing, however, was the right to an education. This was not surprising given the tenor of the times. America was primarily an agrarian culture, and education, especially higher education, was viewed as a privilege reserved for the children of the rich and (...)
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ONE SOLITARY LIFE, PART TWO
Monday 30 July
by : David R. Hoffman, Legal Editor of Pravda.Ru
3 comments
If there is one universal question that haunts all human beings at some point in their lives, it is, “Why do we die?” Death, after all, is the great illogic. It ultimately claims all, the rich and the poor, the mighty and the small, the good and the evil. Death also has the capability to make most human pursuits—such as the quest for wealth, fame and power—vacuous and fleeting. Given this reality, I have often wondered why so many people are still willing to (...)
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HOW MUCH CORRUPTION CAN DEMOCRACY ENDURE?
Thursday 28 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
6 comments
How much corruption can a “democracy” endure before it ceases to be a democracy? If five venal, mendacious, duplicitous, amoral, biased and (dare I say it) satanic Supreme Court “justices”—John Roberts, Samuel Alito, Antonin Scalia, Clarence Thomas and Anthony Kennedy—have their way, America will soon find out. In several previous articles for Pravda.Ru, I have consistently warned how the Supreme Court’s 2010 Citizens United decision is one of the (...)
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DEMOCRACY IN THE HANDS OF IDIOTS, PART TWO
Tuesday 12 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
1 comment
Imagine, if you will, that the United States government passes a law banning advertisers from sponsoring commercials on Rush Limbaugh’s radio show or Rupert Murdoch’s Fox (Faux) “News” Network. On one hand, there would be two decided advantages to this ban: The National IQ would undoubtedly increase several percentage points, and manipulative pseudo-journalists would no longer be able to appeal to the basest instincts in human nature for ratings and profit while (...)
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DEMOCRACY IN THE HANDS OF IDIOTS
Thursday 7 June
by : David R. Hoffman, Pravda.Ru Legal Editor
4 comments
LIVE, from the State that brought you Senator Joseph McCarthy, Wisconsin voters now proudly present, fresh from his recall election victory, Governor Scott Walker! At first glance, it is almost unfathomable that anyone with a modicum of intelligence would have voted to retain Scott Walker as Wisconsin’s governor. This, after all, is a man who openly declared he is trying to destroy the rights of workers through a “divide and conquer” strategy; who received 61% of the (...)
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PEOPLE WITHOUT SOULS
Tuesday 13 March
by : David R. Hoffman, Legal Editor of Pravda.Ru
2 comments
A question I’ve frequently been asked since I began writing for Pravda.Ru in 2003 is, “Why did you become disillusioned with the practice of law?” This question is understandable, particularly since, in most people’s minds, being an attorney is synonymous with wealth and political power. I’ve always been reluctant to answer this question for fear it will discourage conscientious and ethical people from pursuing careers in the legal profession—a (...)
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