Sunday, October 10, 2010 12:46 Finance
Leaders Call for IMF Role in Averting Protectionist `Currency War’ A newborn baby was ripped from its
mother's arms by officials from the New Hampshire Division of Family
Child Services accompanied by police last night after authorities cited
the parents' association with the Oath Keepers organization as one of
the primary reasons for the snatch, heralding a shocking new level of
persecution where Americans' political beliefs are now being used by
the state to kidnap children.
betrayed by their government’
There has been much chatter on mainstream media that there are plenty
of “other” jobs out there that people don’t know about.
However, data does not support the praises economists are singing about
the “New Economy.” Paul Craig Roberts says the “New
Economy” is supposed to consist of financial services, innovation,
and high-tech services but unfortunately these jobs have not come to
fruition and the US government has betrayed its people.
Tarpley: “There’s a currency war!” While developing economies such as BRIC continue
to grow, can they ever have a say at the IMF and World Bank? As currency
wars continue to wage on will the world ever be able to get off the
dollar? Webster Tarpley says the US owns 17% of the vote in the IMF;
however developing countries are a center of resistance now.
60% of countries will be bankrupt within 50 years Some sixty percent of the world’s economies
will be so in debt by 2060 that their debt will be downgraded to “junk”
status, effectively bankrupting the countries, says a report from Standard
& Poor’s ratings agency, which also warns that attempts to
deal with the problem could cause social instability.
Angle surge unnerving Nevada Democrats
New polling out of Nevada is unnerving Democrats who fear Republican
Sharron Angle’s campaign is surging despite enduring millions
of dollars’ worth of TV ad attacks from Senate Majority Leader
Beck Leaving Fox News?
Recent headlines surrounding Glenn Beck’s health problems could
be a face-saving ploy to pave the way for his exit from Fox News, which
could be a reason why Beck has become increasingly hardcore in recent
weeks, knowing that he is on his way out.
Third World Economy
For a number of years I reported on the monthly nonfarm payroll jobs
data. The data did not support the praises economists were singing to
the “New Economy.” The “New Economy” consisted,
allegedly, of financial services, innovation, and high-tech services.
weighed atomic option on N Korea American bombers flew nuclear rehearsal
runs over Pyongyang during the Korean War in the 1950’s, newly
declassified and other US government documents reveal.
prices to rise globally as energy prices edge higher Rising energy prices and a shift to Western
consumption patterns will continue to push global food prices higher
in the coming decade, according to the annual agricultural outlook
issued by the Organization for Economic Co-operation and Development
and the U.N. Food and Agriculture Organization.
Cars Drive Themselves, in Traffic
Anyone driving the twists of Highway 1 between San Francisco and
Los Angeles recently may have glimpsed a Toyota Prius with a curious
funnel-like cylinder on the roof. Harder to notice was that the
person at the wheel was not actually driving.
nuclear armed Japan may be around the corner
Frayed relations with China and Russia, the ever-present threat
posed by North Korea’s nuclear weapons, and a re-examination
of the 1960 U.S.-Japan security treaty, formally known as the Treaty
of Mutual Cooperation and Security between the United States and
Japan, has some in the Japanese government and military considering
what would have been unthinkable just a few years ago, Japan entering
the club of nations possessing nuclear weapons.
There is Only One Way Out of the Foreclosure Crisis
Unless the mega-banks are broken up and reined in, we’re in
quite a pickle.