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Free Marketeers Rally on Capitol Hill
ANP: Hundreds rallied at the U.S. Capitol to support free markets.
On October 10th, 2008, a day when the Washington Post asked if we face the "end of American capitalism," hundreds rallied at the U.S. Capitol to support free markets and deregulation. The Bush administration may be considering nationalizing banks, but members of Americans for Prosperity, the group that organized the rally, cheered the slogan, "Free markets work every time, all the time." ANP: Hundreds rallied at the U.S. Capitol to support free markets. ... more -
Can Obama win in Canton, Ohio?
The Real News Network travels to Ohio and talks to people hit by economic crisis.
Stark County, Ohio is feeling the pressure of a down economy. Rising unemployment rates and financial hardships are leaving a sour taste in mouths of many voters in this crucial electoral battleground. The Real News spoke with residents of Canton, Ohio to assess the impact of the current crisis. The Real News Network travels to Ohio and talks to people hit by economic crisis. ... more -
Financial crisis calls for massive investment
Bill Fletcher: We need public investment in infrastructure and a basic change in the way we live. Part 2
Immediately following the second Presidential debate between Barack Obama and John McCain, Senior Editor Paul Jay spoke with Bill Fletcher, Jr.. In part two of that interview, Bill discusses the sort of response he would hope to see from a new President to address the roots of the crisis.
Bill Fletcher, Jr. is a columnist, activist, author and labor organizer. He is the Executive Editor of The Black Commentator and his newest book, co-written with Fernando Gapasin, is entitled "Solidarity Divided: The Crisis in Organized Labor and a New Path Toward Social Justice". He is the a cofounder of the Center for Labor Renewal, has served as President of TransAfrica Forum and was formerly the Education Director and later Assistant to the President of the AFL-CIO.
See Part 1 at: http://current.com/items/89386881_contempt_from_mccain_... Bill Fletcher: We need public investment in infrastructure and a basic change in the way we live. Part 2 ... more -
Worst week ever on world markets
Timothy Canova says its time to nationalize the big banks.
Timothy Canova is the Associate Dean for Academic Affairs and Betty Hutton Williams Professor of International Economic Law at Chapman University. His research covers the disciplines of law, public finance, and economic history. He has a history of critical writing regarding the deregulation of banking and finance since the 1980s. He has analyzed the meltdown of Continental Illinois, at the time the largest bank failure in American history, and anticipated the collapse of the savings & loan industry. Before the Asian economic crisis began, he was arguing against the liberalization of capital accounts, and then warned of a crisis in the bubble economy. He is a long-time advocate for well regulated financial markets, accountability and the rule of law in central banking. Timothy Canova says its time to nationalize the big banks. ... more -
InFocus: Jacob Hacker on Health Care @ CalTV: UC Berkeley's Online TV Station
Check out CalTV’s newest show, InFocus as Kyle McCormick interviews professionals about their specific area of expertise. This week, Kyle talks with Professor Jacob Hacker about health care. Check out CalTV’s newest show, InFocus as Kyle McCormick interviews professionals about their specific area of expertise. This week, K... more
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Saturday Night Live - C-Span Bailout - Clearspring
Saturday Night Live on the C-Span Bailout it is a brilliant summing up of what is going on
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Watch the corporate welfare media in shock when confronted with free market ideas
Watch the corporate welfare media in shock when confronted with free market ideas
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Change?
After the watching the second presidential debate, it became glaringly apparent that NEITHER of these men are fit to run the office. They continued to play that political game of punch and counter punch. There are far more important issues than who they associated with in the past or who saw this financial crash coming first (which especially pisses me off considering they both voted the same way on the bail out). Every time an attack was thrown, that could have been time spent explain where the money for their policies would come from. The race from the get-go has never been about who you want in the office, but who you don't. I couldn't give two shits about this financial crisis and the energy crisis seems to have a more "we'll get to it eventually" subtitle. The real problems: the food and water crisis, I have yet to hear a glimmer of a pep about. God knows you can live without all the big corporations and life without coal (as well as other energy sources) wouldn't be that much a of a stretch either, but when we run of out food and water we are pretty much fucked. Why is this not being reported and debated? Are big banks and nuclear plants really more important than drying rivers and a global food shortage? What will it take for these issues to finally be brought into the spotlight?
One thing I know for sure is, these politicians won't bring change. Its truly up to us.
"What are you changing?
Who do you think you're changing?
You can't change things
We're all stuck in our ways"
Jenny Lewis and The Watson Twins - Rise Up With Fist After the watching the second presidential debate, it became glaringly apparent that NEITHER of these men are fit to run the office. T... more -
A Little More (Than) Ground Noise & Static
In November, one or the other of the corporate candidates will win, and then, as always, it will be what the people do, not the politicians, that counts.
A video report on the protests that occurred in connection with the Democrat and Republican National Conventions, Ground Noise & Static is a manifesto. We went to Denver and St. Paul to take the pulse of the movement. Corporate media would cover the platitudes and posturing of the politicians, we were interested in something else, a story hidden in plain sight, captured in the now-classic street chant, “This is what democracy looks like.” In November, one or the other of the corporate candidates will win, and then, as always, it will be what the people do, not the politi... more -
McCain turns back to economy after failing to win debate
http://www.guardian.co.uk/world/2008/oct/09/uselections2008.johnmccain
John McCain narrowed the focus of his campaign yesterday after failing to deliver the game-changing performance he needed in his presidential debate against Barack Obama. With instant polls awarding the debate to Obama, McCain's advisers refocused the campaign on a narrow field of battleground states. That suggests a best-case scenario for the Republican of a very slim victory over Obama.
The McCain camp also signalled an attempt to return to a more issues-based campaign, focused on the economy, only days after announcing a "gloves off" attack on Obama's character and his former associations in Chicago.
The verdict from Tennessee Speaking after Tuesday's televised debate in Nashville, Rick Davis, McCain's campaign manager, set out a narrow strategy that allows little room for manoeuvre. The Republicans' hopes now rest on holding on to the 252 electoral votes that President George Bush won in 2004 and on taking Pennsylvania from the Democrats. The state, with its 21 electoral votes, would push him over the 270 college votes needed to win.
Obama, in contrast, is in a position to expand his playing field, and is buying television advertising and making campaign appearances in traditional Republican states such as Indiana and North Carolina. http://www.guardian.co.uk/world/2008/oct/09/uselections2008.johnmccain ... more -
Central banks slash interest rates
The Bank of Canada, in a co-ordinated effort with other major central banks, has cut its short-term interest rates by half a point in response to the global economic crisis. The Bank of Canada, in a co-ordinated effort with other major central banks, has cut its short-term interest rates by half a point in ... more
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Recession looms in 2009
The American banking crisis went global on Monday. In trading around the world, investors bailed out of stocks, economists forecast recession, prices for key commodities like oil sank, and housing bubbles burst. The American banking crisis went global on Monday. In trading around the world, investors bailed out of stocks, economists forecast re... more
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Vancouver's Olympic legacy at risk
Although Vancouver is in better shape than other host cities - including London, which is battling soaring construction costs as it prepares to host the 2012 Games - it is not fully insulated from the economic crisis. Although Vancouver is in better shape than other host cities - including London, which is battling soaring construction costs as it pr... more
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Charles and Camilla will tour Far East despite credit crisis
The Prince of Wales and Duchess of Cornwall are to go on a 10-day tour of the Far East despite concerns over the estimated £500,000 cost of the trip during the global credit crisis.
Clarence House officials said that ministers were anxious for the the trip to happen as it was vital to cement British relations in the Far East at a time of turmoil in the international markets.
The Duchess of Cornwall controversially will withdraw before the final leg of the trip to Indonesia because of the heat and humidity. The Prince of Wales will pay for the Duchess's return to Britain, on a scheduled aircraft, to ensure that there is no additional cost to the taxpayer. To save more money, the retinue accompanying the couple will be cut from an average figure of 20 to 15.
A Clarence House spokesman said: "The Prince of Wales and Duchess of Cornwall are acutely aware of the costs of this visit. We have been in discussion with the government about the argument for the tour going ahead at the present time. Despite the costs, and the current economic situation, the government has confirmed that it wants this tour to go ahead given the strategic priorities this trip will address. Clearly the trip takes place against the backdrop of considerable international turmoil." The Prince of Wales and Duchess of Cornwall are to go on a 10-day tour of the Far East despite concerns over the estimated £500,000 co... more -
FULL 110 page bailout plan.
See in black and white how we are getting Skrewed. Downloadable in PDF format to print for all of your toiletry needs.
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See a pattern on Wall Street?
"Take a look at the two blurry images [above]. Can you see an object hidden in each one?
Before I give the answers, here’s another question: Do you feel a certain lack of control over events right now?
These questions are not unrelated, according to a report in the new issue of Science by Jennifer Whitson and Adam Galinsky. The researchers found that when people were primed to feel out of control, they were more likely to see patterns where none exist. They would spot an object in each of the images above, even though only the image on the right contains one (the outline of Saturn and its rings). If you thought you saw something in the image on the left, don’t be too hard on yourself — your feeling may be perfectly understandable given the chaos on Wall Street.
The researchers say that their experiments, which also tested people’s tendency to detect conspiracies and see superstitious lessons in stories, help explain why conspiracy theories and superstitions flourish when people are feeling out of control. Previous researchers have reported, for instance, that first-year business-school students are more prone to imagine conspiracies than are second-year students, and that deep-sea fishermen have more elaborate rituals and superstitions than ones who fish in more predictable conditions near shore."
More at link ... "Take a look at the two blurry images [above]. Can you see an object hidden in each one? ... more -
Michigan house sells for $1.75 on eBay
The housing market is in shambles. So much so in fact, it is not clear if this lady actually got a deal or bought unreasonable debt for a mere $1.75. We are scrambling to protect future consumers from making outrageous loan mistakes, but what about protecting the consumer from these new pit falls that are so abundant because of this crisis? Any house for a $1.75 sounds like a steal... but who's getting robbed? The housing market is in shambles. So much so in fact, it is not clear if this lady actually got a deal or bought unreasonable debt fo... more
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500,000 coffins, Shock Doctrine, Martial Law, Concentration Camps!
I don't know what to think of all this... just do a search on Martial Law, its crazy stuff.
Representatives Were Threatened With Martial Law In America Over Bailout Bill
http://www.infowars.net/articles/october2008/031008Sher...
Military Preparing for Martial Law
http://www.youtube.com/watch?v=71Jux68F_AQ
Concentration Camps being built for U.S citizens
http://www.youtube.com/watch?v=dJBxdRIQx7Y
FEMA Purchases 500,000 Coffins?
http://current.com/items/89353734_fema_purchases_500_00...
Does the bailout bill mark the end of America as we know It?
http://current.com/items/89367277_does_the_bailout_bill...
FEMA CONCENTRATION CAMPS: Locations
http://current.com/items/89124299_#89126424
More MTV martial law warnings
http://current.com/items/89228694_more_mtv_martial_law_...
blue beam project
http://www.youtube.com/watch?v=KXJGldPkgpM
White House Excecutive order
http://www.youtube.com/watch?v=SXqZQGm__rY
MILLIONS OF PLASTIC FEMA COFFINS
http://www.youtube.com/watch?v=9wV3vc9kDEM
FEMA Camp Boxcar
http://www.abovetopsecret.com/forum/thread321952/pg4
new digital tv is a conspiracy?
http://answers.yahoo.com/question/index?qid=20080823021... I don't know what to think of all this... just do a search on Martial Law, its crazy stuff. ... more -
What could you get for $700 billion?
The US Congress has finally passed the gigantic bank bailout package, but how much money are we talking about? What else could be done with all the zeros?
Click on the article to get some ideas and then come back tell us what you would do with $700,000,000,000! The US Congress has finally passed the gigantic bank bailout package, but how much money are we talking about? What else could be done... more -
London Market in Turmoil
The London stockmarket staged a remarkable rally today amid optimism that the rescue plan for the US banking sector could be revived following last night's shock rejection by Congress.
Having plunged 147 points in early trading, the FTSE 100 index surged back into positive territory and was up 24.6 points by 1.30pm at 4843.3.
Britain's battered banks bucked the trend, though, with HBOS down more than 16% at one stage — putting its takeover by Lloyds TSB in doubt. As fears continue to stalk the financial sector, Bank of England governor Mervyn King met Gordon Brown this morning to discuss the crisis.
Shares had been expected to plunge sharply today, on the back of the massive losses on Wall Street last night, where the Dow Jones industrial average shed 777.7 points. It is now tipped to come roaring back when trading begins at 2.30pm BST.
In a sombre address this afternoon, the US president, George Bush, said Congress must reach agreement on the bail-out.
"The consequences get worse every day if we do not act."
Analysts said there were hopes that the deadlock over the US government's proposed $700bn (£380bn) bailout of Wall Street could be resolved. The London stockmarket staged a remarkable rally today amid optimism that the rescue plan for the US banking sector could be revived f... more
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