World-News

By John Perkins

It is about destroying democracy, emasculating government-by-the people, and replacing it with government-by-the corporatocracy.

http://www.informationclearinghouse.info/article28779.htm



The Day the Middle Class Died

By Michael Moore

From time to time, someone under 30 will ask me, 'When did this all begin, America's downward slide?' They say they have heard of a time when working people could raise a family and send the kids to college on just one parent s income.

http://www.informationclearinghouse.info/article28774.htm



Blackmail in Washington

By Serge Halimi

What are the real reasons for the recent increase in the US public debt?
http://www.informationclearinghouse.info/article28771.htm

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South America Unites Against 'Irresponsible Debtors' in the North

Mario Osava, Inter Press Service: 'Default, insolvency, fiscal irresponsibility, debt crisis and similar terms form part of the vocabulary used to describe countries in the developing South in the 1980s and 1990s. A decade later, the world seems to have turned upside down. The 'irresponsible debtors' are now in the industrialised North, and the countries of South America, victims of the 'lost decade' of the 1980s and the subsequent financial crises, are now working hard to protect themselves against contagion from the crisis in the United States and Europe.'

http://www.truth-out.org/south-america-unites-against-irresponsible-debtors-north/1312737339



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=financial+crises
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bailout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=middle+class
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=John+Perkins
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Michael+Moore
http://freepage.twoday.net/search?q=Serge+Halimi
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mario+Osava

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Keine Superbonitätsnote mehr für die Dollar-Supermacht. Die Ratingagentur Standard & Poor s stuft die Kreditwürdigkeit zurück.

http://www.heise.de/tp/blogs/8/150269



Italien wird in die Pleite gestuft

Die Ratingagentur Standard & Poor s (S&P) senkt die Kreditwürdigkeit des Landes und bewertet den Ausblick negativ.

http://www.heise.de/tp/blogs/8/150491

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USA: Wie faschistoides Gedankengut Amerikas Establishment durchdringt

Die Spuren der Bush-Ära sind im 'Land der Freien und Heimat der Tapferen' noch allgegenwärtig. Eine beklemmende Situation entstand, bei der viele Konservative auch nach dem Wahlkampf feindselig waren und blieben und den neu gewählten Präsidenten Obama zu blockieren versuchen. Es begann schon 2009, als eine unversöhnliche Opposition bei dem milliardenschweren Wirtschaftsrettungsplan geschlossen gegen ihn stimmte. Die Konservativen wollten am liebsten zurück in die Achtziger. Ein Bericht von Hans-Udo Sattler.

http://sonnenseite.kjm4.de/ref.php?id=d87416812775ms273



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bush+legacy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=conservativ
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ratingagentur
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Standard+&+Poor
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Ray McGovern, Consortium News: 'A huge majority of economists concede that America has been sliding into a land of haves and have-nots for the past several decades and that the 'deal' Obama signed into law on Tuesday will do little, if anything, to improve the lives of our fellow citizens deprived of work, shelter, medical care and other necessities. In sum, Obama - again put in a corner by Republicans who appeared ready to force the United States into default if they didn t get their way - reneged on a promise not to let the burden for coping with the economic/fiscal mess fall primarily on the backs of the poor.'

http://www.truth-out.org/obama-backs-poor/1312639191



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Republican
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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=medicalcare
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ray+McGovern

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The data shows, the 235,413 taxpayers who reported earning seven digits or more in 2009 took in a total of $726.9 billion - yet 1,470 paid not a penny of income taxes. In 2007, 959 Americans earning $1 million or more paid no income taxes.

http://www.politico.com/news/stories/0811/60717.html


From Information Clearing House

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Too Big to Fail Firms Harming US Economy
http://www.commondreams.org/headline/2011/08/05-0

US Headed for Another Recession?
http://www.commondreams.org/video/2011/08/05

Obama s 'Pivot' To Jobs: The Deja Vu Reel
http://www.commondreams.org/video/2011/08/05-1



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=US+economy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recession
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Business
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=taxpayer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Donna+Borak
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http://www.ufppc.org/us-a-world-news-mainmenu-35/10477/

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Compromise, D.C.-Style
http://lewrockwell.com/vuk/vuk37.1.html

Prepare for the Worst
http://lewrockwell.com/faber/faber114.html

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Top Russian Economist: US Shirked Its Responsibility to the Global Economy

By RT

The former head of Russia s Central Bank has said that the US is to some extent Indebted to the entire world and that in a unipolar system which keeps pursuing globalization, this spells an inevitable collapse.

http://www.informationclearinghouse.info/article28763.htm

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S.& P. Downgrades Debt Rating of U.S. For the First Time

Binyamin Appelbaum and Eric Dash, The New York Times News Service: 'Standard & Poor?s removed the United States government from its list of risk-free borrowers... a downgrade that is freighted with symbolic significance but carries few clear financial implications. The company, one of three major agencies that offer advice to investors in debt securities, said it was cutting its rating of long-term federal debt to AA+, one notch below the top grade of AAA. It described the decision as a judgment about the nation?s leaders.'

http://www.truth-out.org/sp-downgrades-debt-rating-us-first-time/1312637856



Mainstream Media Ignores S.& P. Attack On Republicans

Thom Hartmann, ThomHartmann.com: 'Could it be that many reporters - and virtually all of the television talking heads - are themselves relatively high income-earners who don t relish the idea of higher taxes? Or could it be that reporters are afraid that if they report the actual language of the S.& P. Research Report, then Republicans will punish them by denying them 'access' - i.e. refusing to show up on their programs - which is the career and show kiss-of-death for radio and TV programs that rely on big-name politicians to work?'

http://www.truth-out.org/mainstream-media-ignores-sp-attack-republicans/1312651460

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A New Historic Low: S&P Downgrades U.S. Credit Rating for First Time

By Zachary A. Goldfarb

Lowering the nation s rating one-notch below AAA, the credit rating company said 'political brinkmanship' in the debate over the debt had made the U.S. government s ability to manage its finances 'less stable, less effective and less predictable.'

http://www.informationclearinghouse.info/article28768.htm



The Credit Crisis Rages On: Why the Dow fell 512 points on Thursday

By Mike Whitney

What does it all mean?
http://www.informationclearinghouse.info/article28775.htm



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=global+economy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=globalization
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=credit+rating
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Standard+&+Poor
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Republican
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=collapse
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mainstream+media
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/faber
http://freepage.twoday.net/search?q=/vuk
http://freepage.twoday.net/search?q=Binyamin+Appelbaum
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Thom+Hartmann
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Zachary+A.+Goldfarb
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
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http://www.commondreams.org/headline/2011/08/05-8

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Lying to Ourselves About the Good Old Days

By David Benjamin

It has become a cottage industry among America s reactionaries to lie about matters like health care and birthplaces, debt and taxes, war and heroism, and other such trivia.

http://www.informationclearinghouse.info/article28762.htm

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The Unknown Unknowns of War American-Style
http://www.commondreams.org/view/2011/08/05-3

PNHP: Physicians Group: Debt Deal Threatens Health of Seniors and Disabled
http://www.commondreams.org/newswire/2011/08/05-6



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=healthcare
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Roger+Bybee
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=David+Benjamin
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Tom+Engelhardt
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Das amerikanische Innenministerium stellt dem Ölkonzern eine vorläufige Erlaubnis für Probebohrungen aus - gegen den Protest von Umweltschützern.

http://www.heise.de/tp/blogs/2/150263



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Arktis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Dutch+Shell
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ölpest
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=drilling

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Imara Jones, Colorlines.com: 'Default was the best option. The shameful and dangerous debt ceiling deal passed into law yesterday made that clear. It is rooted in the grand bargain that the political class made in 2008: to save Wall Street and allow those in the rest of America to drown Katrina style. The plan will suck money out of a shattered economy that can ill afford it and demand sacrifice from frayed and threadbare communities that will likely not be able to endure what s been asked. Yet, it will allow the wealthiest Americans to get off Scott free and - here s the kicker - profit from the misery that the plan exacerbates.'

http://www.truth-out.org/us-doesnt-have-debt-problem-it-has-crisis-values/1312557805



Bringing on the 'Obama Recession' by Forgetting the Lessons of Keynes and FDR

David Woolner, New Deal 2.0: 'In the past two years we have heard official after official claim that they do not want to repeat 'the mistakes of the Great Depression.' Yet the recent behavior of both the Obama Administration and senior members of Congress belies this claim. Rather than fight for economic policies that would stimulate the economy and put people back to work, this Administration - and even many senior democratic party officials - have chosen to ignore the lessons of the past. Instead of focusing on jobs and growth - the real crisis in our economy - they have embraced the sky-is-falling rhetoric of the Republican Party extremists.'

http://www.truth-out.org/bringing-obama-recession-forgetting-lessons-keynes-and-fdr/1312563318



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Keynes
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Republican
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Great+Depression
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=political+class
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Imara+Jones
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=David+Woolner
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Antiwar.com
by Justin Raimondo

08/05/11

When someone habitually engages in suicidal behavior, repeating the same pattern in spite of recognizing, on some level, that their actions are self-destructive, one has to wonder if they harbor a death wish. Which raises the question: So why is the American ruling class intent on committing suicide?

http://bit.ly/nLnh5S



100 ways Obama is just like Bush

The Humble Libertarian
by staff

08/01/11

More of the same. A LOT more of the same. In fact, every negative aspect of the Bush Administration has come back with a vengeance in the presidency of Barack H. Obama. Everything the American people detested so strongly about Bush has not only characterized the presidency of his successor, it s gotten much worse. Don t believe me? The following is a list of 100 ways President Obama is just like President Bush...

http://bit.ly/nBzwPe


Informant: Thomas L. Knapp

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America in Decline

Noam Chomsky, Truthout: 'Corporate power s ascendancy over politics and society - by now mostly financial - has reached the point that both political organizations, which at this stage barely resemble traditional parties, are far to the right of the population on the major issues under debate. For the public, the primary domestic concern is unemployment.'

http://www.truth-out.org/america-decline/1312567242



The Republicans' Double-Dip Recession, and What Must Be Done

Robert Reich, Robert Reich s Blog: 'Republicans repeatedly assured the nation that once the debt-limit deal was done - capping spending, cutting the budget deficit, and getting '90 percent' of what they wanted - the economy would bounce back. Just the opposite seems to be happening. Call it the Republican s double-dip recession. Wall Street investors aren t ideologues. They don t obsess about budget deficits ten years from now, or the size of the government. One day doesn t make a trend, but a giant sell-off like this is motivated by hard, cold realities.'

http://www.truth-out.org/republicans-double-dip-recession-and-what-must-be-done/1312550917



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bush+legacy
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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recession
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=budget
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=deficit
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=raimondo
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Chomsky
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Robert+Reich+Blog
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http://www.commondreams.org/video/2011/08/04-1



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
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