Wednesday, September 17, 2008 19:09
Prize Winning Economist: Crisis As Bad As Great Depression Or Worse
Two time Nobel-prize winner and former
chief economist of the World Bank, Joseph Stiglitz has warned that the
current financial crisis will continue for at least another eighteen
months and in many ways represents a worse situation than the one faced
by Americans during the great depression of the 1930s.
threatens to seize swathe of Arctic
President Dmitry Medvedev said that Russia should unilaterally claim
part of the Arctic, stepping up the race for the disputed energy-rich
Finds Unidentified Object in Space, Scientists Puzzled
In a paper published last week in the Astrophysical Journal, scientists
detail the discovery of a new unidentified object in the middle of nowhere.
Brother tracking comes to Second Life
End of the Blue Chip Economy
AIG, the quintessential blue-chip, one of the 30 companies that compose
the Dow Jones Industrial Average, a company that in 2000 boasted a market
capitalization of $217 billion, making it the largest financial institution
in the world, is teetering on the brink of collapse.
Compares Mishandling Of Current Crisis To Great Depression
Billionaire investor George Soros has
slammed US Treasury Secretary Hank Paulson for behaving in the same
manner as bankers in the 1930’s and mishandling a financial crisis
that threatens a repeat of the Great Depression.
Stanley weighing possible merger: report
Giant Bailed Out By $85bn Loan
‘could merge with Lloyds TSB’
Described Economy’s Fundamentals As ‘Strong’ At Least
18 Times In 2008
Yesterday, after two of Wall Street’s major banking institutions
had just collapsed, Sen. John McCain (R-AZ) declared that he “still”
believes “the fundamentals of our economy are strong.”
on Wall Street
home starts seen at lowest level in 17 years
Witness to WTC 7 Explosions Dead at 53
Emergency coordinator and 9/11 witness Barry
Jennings has passed away with controversy about WTC7 still hot–
as the BBC hit piece and NIST report have been released to counter Jennings’
exclusive testimony of explosions inside Building 7.
Ground Zero 9/11 Truth March
network necessary to confront climate change crisis, says Ban
With media interest in climate change
waning since last year, cooperation from all sectors of society is essential
to tackle the crisis that it poses, Secretary-General Ban Ki-moon said
Sea Ice Melt Season Officially Over; ice up over 9% from last year
Rises Most in 8 Years as Investors Seek Haven From Turmoil
Gold surged the most in eight years as investors sought the safety of
precious metals on concern that the credit crisis will deepen, leading
more financial institutions to fail. Silver jumped more than 8 percent.
Says `No One Knows What to Do’ to Solve Crisis
Stanley, Goldman Sachs Shares Plunge After AIG Takeover
Gives Banks Cash, Halts Stock Trading to Head Off Crisis
Russia halted stock trading for a second day, poured $44 billion into
its three largest banks and relaxed restrictions on lenders to stem
the worst financial crisis since the nation defaulted a decade ago.
outlook for banks
could use Georgia as bridgehead to attack Iran - Rogozin
Georgia would be an ideal bridgehead for a U.S. invasion of Iran, Russia’s
NATO envoy said Wednesday.
Qaeda blamed for U.S. Embassy attack
takes the lead in Reuters/Zogby poll
After a fortnight of Sarah Palin fixation in the press - in turn contributing
to a Republican bounce in the polls, comes news today that Obama has
a two-point lead in the US presidential race, according to a Reuters/Zogby
police’ hit the streets to shock people into quitting
Smokers will be stopped in the street and asked to take a carbon monoxide
test in London’s most hard-hitting anti-smoking campaign.
embassy in Yemen hit by car bombing, rocket fire
The US embassy in the Yemeni capital
Sanaa was hit by a car bombing and rocket fire on Wednesday sparking
a series of explosions around the heavily fortified compound, witnesses
is Now Rome
aide: Bush won’t hit Iran
is determined to bring NATO’s expansion eastward to a halt
NATO’s metamorphosis from Cold War Euro-policeman
into the unabashed global military arm of the United States over the
past 18 years has left a trail of debris from the Balkans to Afghanistan
that will take decades to clear.
• Chavez lauds
Russian military exercise
• Russia plots
course in race for the Arctic
• South Ossetia
puts death toll in Georgia attack at 1,700
‘How dare you’ ask questions of a POW?
“Folks, I’ve never been a
fan giving answers,” a satirical Stephen Colbert opened. “And
you want to know why? …Too bad.”
Homeland Security team up for surveillance project
Can high-tech infrared cameras and millimeter-wave cameras “see”
terrorist threats coming from as far as 130 yards away?
Paul Joseph Watson: Internet Censorship a Growing Cancer
Steve Watson: British Kids Encouraged To Become "Climate Cops"
Steve Watson: Terror Stopped For Putting My Hand in My Pocket
Paul Watson on the Alex Jones Show: The
state wants your children.
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