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Showing posts with label Mike Whitney. Show all posts
Showing posts with label Mike Whitney. Show all posts

Jun 3, 2009

bond market ruckus

Bond Market Blowout

By Mike Whitney

Last week's ructions in the bond market, leave little doubt that the financial crisis has entered a new and more lethal phase.

Apr 26, 2009

Nader, Whitney, and Michael Hudson: financial truths

A bitter cud to chew? Perhaps they're pessimistic or perhaps they're realistic, but here's a financial article and video round-up for you:

No Light In The Tunnel A Housing Crash Update

By Mike Whitney

Why is the press misleading the public about housing? The housing market is crashing. There are no "green shoots" or "glimmers of hope"; the market is worn to a stump, it's kaput.


Where's My Change?

By Ralph Nader

The corporate chieftains have easy access to the White House and the new President, whether these bosses come on missions demanding power or missions of beggary for bailouts. When will he meet with the leading heads of consumer protection groups with millions of dues-paying members who could give him the base to hold accountable and regulate the democracy-denying, economy-wrecking corporate supremacists?



This Is A Must Listen:

The Financial Barbarians at the Gate: Guns & Butter Interviews financial economist and historian, Dr. Michael Hudson

The history of banking and the criminalization of the banking system; tax policy; real estate asset inflation; US imperialism via the monetary system; similarities with the Roman Republic; what measures labor should take.

Dec 9, 2008

Strengthen the unions

Card Check

"You Have Nothing To Lose But Your Chains"

By Mike Whitney

Forget about the fake differences between the two political parties. There aren't any. The only hope for deep structural change is to strengthen the unions and give workers a place at the policy table. That's the only peaceful way to dismantle this parasitic financial regime and bring about a more equitable distribution of wealth.

Nov 20, 2008

Not a Normal Recession

This Is Not A Normal Recession: Moving on to Plan B

By Mike Whitney

The global economy is being sucked into a black hole and most Americans have no idea why. The whole problem can be narrowed down to two words: "structured finance."

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Woo! "Black hole"..."structured" finance...if he keeps it up, Mr. Whitney will become an astrologer by default before he knows it!

Nov 18, 2008

G20 was part of new order script

The G-20 Washout

By Mike Whitney

The financial crisis is being used by Wall Street big-wigs to restructure the economy and create a permanent class of working poor.

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Yes, that's what many of us have been saying. And Congress is in on the game so they're no help.

Is there no one who cares for the common good?



Recommended: The August Review.

Oct 7, 2008

And what does Congress do?

Two articles if you're up for them:

French Premier Francois Fillon: We're on "The Edge of The Abyss"

By Mike Whitney

People are scared and removing their money from the banks and money markets which is intensifying the freeze in the credit markets and driving stocks into the ground like a tent stake. Meanwhile, our leaders are "caught in theheadlights", still believing they can "finesse" their way through the biggest economic cataclysm since the Great Depression. It's madness.


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Down the Road to Serfdom

By Ann Berg

So here we are: a phony monetary system, $3 trillion wasted on wars, and acitizenry mired in debt. And what does Congress do? It adds more debt - a trillion dollars, just for starters, since once starting down this slippery slope, it won't be able to stop.
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Don't know about you but I'm staying cool, staying with my bank. Panic is what 'they' want us to do - so I won't. Staying away from the voting booth in November is what 'they' want us to do - so I will not.

Although my Jupiter-Saturn trine is outraged by their blatant thieveries, we Capricorns can be so cussedly stubborn, can't we?

Sep 29, 2008

Paulson's silver canoe

Black Monday? Global Investors vote "No" on Paulson's
Bailout

By Mike Whitney

The bill is just Paulson's way of carving a silver canoe
for he and his brandy-drooling investor buddies so they
can paddle away to some island paradise while the rest
of us drown in a bottomless ocean of debt.

http://www.informationclearinghouse.info/article20900.htm

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"Brandy-drooling"! How deftly said. And I was thinking
either a Paraguayan paradise or a Dubai high rise for
them - security guarded to keep out the rabble, of
course.

Jul 21, 2008

Are Dems the problem? + Iraq war stats

Better late than never when it comes to Information Clearing House's NewsLetter:

Information Clearing House Newsletter: News You Won't Find On CNN

July 19, 2008

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"One of the world's greatest problems is the impossibility of any person searching for the truth on any subject when they believe they already have it." Dave Wilbur

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"It's not a matter of what is true that counts but a matter of what is perceived to be true." Henry Kissinger
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"Most of the greatest evils that man has inflicted upon man have come through people feeling quite certain about something which, in fact, was false." Bertrand Russell

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"When shall it be said in any country of the world, my poor are happy, neither ignorance or distress is to be found among them; my jails are empty of prisoners, my streets of beggars; the aged are not in want, the taxes not oppressive; the rational world is my friend because I am friend of its happiness. When these things can be said, then may that country boast of its constitution and government." Thomas Paine

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Read this newsletter online at tinyurl.com

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Number Of Iraqis Slaughtered Since The U.S. Invaded Iraq 1,236,604

Iraqi deaths


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Number of U.S. Military Personnel Sacrificed (Officially acknowledged) In America's War On Iraq: 4,125

icasualties


The War And Occupation Of Iraq Costs $538,352,761,450

See the cost in your community at firstpriorities

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Reality Check: The Democrats Are The Real Problem

By Mike Whitney

If the path to peace requires crushing the Democratic Party and its blood-thirsty candidates; so be it. The main thing is to stop the killing. If Obama won't do it, we'll find someone who will.

Read article at ICH

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The Problem Of Patriotism

By James Rothenberg

Race, sex, and religion do not demand your loyalty but your country does. Your village or town doesn't. Your city doesn't. The state you live in doesn't. New York and California don't care if you are loyal to them.

What's the difference? Armed force. Uncle Sam needs you. To fight.

ICH

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"War Sucks"

By Scott Ritter

"It Ain't what you see on TV."

Click to view at: ICH