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Global systemic crisis / September 2008 - Phase of collapse of US real economy (LEAP/E2020)
Public announcement GEAB N°22 -- LEAP/E2020 -- Feb. 16, 2008 -- According to LEAP/E2020, the end of the third quarter of 2008 will be marked by a new tipping point in the unfolding of the global ...
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Still Pretending (James Kunstler)
James Kunstler -- Clusterfuck Nation -- The maneuvers that the big banks are making nowadays, along with their enablers at the Federal Reserve and elsewhere in Washington, really amount to little ...
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Microsoft Fined Record EU899 Million by EU Regulator (Matthew Newman)
Microsoft Corp., the world's biggest software maker, was fined 899 million euros ($1.35 billion) by European Union regulators for failing to comply with a 2004 antitrust order, the largest EU fine ...
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The Five Stages of Collapse (ClubOrlov)
ClubOrlov -- Elizabeth Kübler-Ross defined the five stages of coming to terms with grief and tragedy as denial, anger, bargaining, depression, and acceptance, and applied it quite successfully to ...
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My Own Private Hillary (Mary Lyon)
by Mary Lyon, From The Left -- World News Trust -- This campaign has me feeling as though I'm totally schitzo. I'm a two-headed monster. No -- double that. It's not merely Hillary Clinton and Barack ...
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Dollar Falls to Record Low of $1.50 Per Euro on Rate Outlook (Xie, Nielsen)
The dollar fell below $1.50 per euro for the first time since the European currency was introduced in 1999 after U.S. home prices and consumer confidence tumbled, bolstering bets the Federal Reserve ...
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FDIC Girds For Bank Failures (Debra Borchardt)
Shaky loan portfolios continue to darken the landscape for the nation's banks, as federal regulators prepare for the possibility of an uptick in failures of financial institutions, according to ...
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When the Terrorists Were 'Our Guys' (Robert Parry)
In 1976, when George H.W. Bush was CIA director, the U.S. government tolerated right-wing terrorist cells inside the United States and mostly looked the other way when these killers topped even ...
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US in Recession, Set to Worsen, Says Investor Rogers (Reuters)
The United States economy is already in recession and is set for a further slowdown with the dollar expected to remain under pressure, investment guru Jim Rogers said on Monday.
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I Had an Epiphany about Our Government and Life (Todd S. Story)
It's one of those things you know, but don't always grasp the weight of. It is grasping the weight of it that hit me.
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Is Bush to Blame for The Economy? (Dean Baker)
In fairness, Bush, like all presidents, does not deserve all the blame (or credit) for the economy's performance under his watch. But he turned a blind eye to the mounting evidence of an economic ...
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