Global Economics and You

A MAJOR GLOBAL ECONOMIC TRANSFORMATION POWER GAME IS EMERGING FROM THE ASHES OF THE 2008 GLOBAL FINANCIAL CRISIS BETWEEN THE RICH AND THE EMERGING NATIONS TO SHARE THE GLOBAL EQUITY. THE FINANCIAL CRISIS IS OVER BUT THE ECONOMIC CRISIS IS NOT. AVOID BECOMING A COLLATERAL DAMAGE OF THE ECONOMIC ELITE. THE NEW FINANCIAL HEGEMONY OF THE NEW WORLD ORDER IS BEING STRUCTURED RIGHT NOW. EDUCATE YOUR SELF - EMPOWER YOUR SELF - TAKE ACTION AND RISE UP ABOVE YOUR SELF.

Thursday, August 13, 2009

Economy hasn't hit Bottom

Romer http://bit.ly/MZ43j
Financial Crisis Explained [Open in new window]
Crisis of Credit http://crisisofcredit.com/

THE global economy was firmly in a “hard times” phase which would probably last another four to five years, strategic planner Clem Sunter told business executives at a seminar in Johannesburg yesterday. http://bit.ly/wRAxI

Wednesday, August 12, 2009

American Insurance CEO Earns $4 M per week

"During times of universal deceit telling the truth becomes a revolutionary act." George Orwell

Learn More about Insurance Company CEOs http://sickforprofit.com/ceos/

Letter to Americans. Please Read: http://www.informationclear...

The Century of Self
Cities Tolerate Homeless Camps
Wed, 12 Aug 2009 23:59:06 GMT
Nashville is one of several U.S. cities that these days are accommodating the homeless and their encampments, instead of dispersing them. With local shelters at capacity, "there is no place to put them," said Clifton Harris, director of Nashville's Metropolitan Homeless Commission, says of tent-city dwellers. ... Click here to read more
The Federal Reserve is Immoral
Wed, 12 Aug 2009 22:21:10 GMT
``In a nation in dire need of internal savings, the fact that savers are being punished as never before is just plain wrong - immoral - and the idea that we live in an era of "low inflation" is just salt rubbed in the wounds of senior citizens who, year after year, watch prices for health care and energy rise by some multiple of the one or two percent they can earn on their savings.'' ... Click here to read more
Social Safety Nets Mask Deflationary Depression
Wed, 12 Aug 2009 18:53:43 GMT
"I do not see hyperinflation coming to the USA anytime soon, if ever. Of course Mr. Practical does not expect it soon either or he would not be back in the USA. We can worry about inflation later, at the ap propriate time." ... Click here to read more
Different Stories
Wed, 12 Aug 2009 15:12:41 GMT
" If the government would move out of the housing market, which it should as fast as it can, banks would start dropping like flies. To prevent that from happening, the government keeps on piling more and more of the mortgage burden on to the taxpayerâ€™s back. " ... Click here to read more
Is This a RIGGED Depression?
Wed, 12 Aug 2009 14:54:44 GMT
" "Information Clearing House" -- Credit is not flowing. In fact, credit is contracting. That means things aren't getting better; they're getting worse. When credit contracts in a consumer-driven economy, bad things happen. " ... Click here to read more
Harry Markopolos: CDS Fraud Will Make Madoff Look "Small-Time"
Wed, 12 Aug 2009 19:01:42 GMT
" Memo to regulators: be forewarned about frauds in the credit-default swap market. They'll make Bernie Madoff's $65 billion fraud "look like small-time." " ... Click here to read more
Pink Slip Nation
Wed, 12 Aug 2009 17:27:48 GMT
"The American economy shows no signs of reversing its relentless increase in the rate of unemployment. Jobs are disappearing at a rate not seen since the 1981â €“82 recession." ... Click here to read more
SEC should get tougher with BofA
Wed, 12 Aug 2009 15:00:09 GMT
In the Bank of America Merrill Lynch bonus imbroglio, the SEC has proposed a settlement in which, once again, the defendants neither admit nor deny wrongdoing. ... Click here to read more
Officials See Rise In Militia Groups Across US

Posted: 12 Aug 2009 04:05 PM PDT

WASHINGTON — Militia groups with gripes against the government are regrouping across the country and could grow rapidly, according to an organization that tracks such trends. The stress of a poor economy and a liberal administration led by a black president are among the causes for the recent rise, the report from the Southern Poverty Law [...]

The Truth About Unemployment

By Washington's Blog

The FDIC expects 500 banks to fail in coming months. Continue

Health Insurance Lies http://bit.ly/fdzE8

Prof Niall Ferguson Ascent of Money - Video - http://informationclearingh...
Not knowing this can seriously affect your wealth.
Robert Greenwald on MSNBC for Sick For Profit ...
5 min
www.youtube.com

Robert Greenwald on the Ed Show for Sick For ...
7 min

The best progressive political videos on the web, with no commercials.

Robert Greenwald's Brave New Films

www.bravenewfilms.org

American Class Crisis http://bit.ly/BfEZj
Denying Americans Healthcare http://sickforprofit.com/
Learn More about Insurance Company CEOs http://sickforprofit.com/ceos/
What is Behind the Opposition to the Obama Healthcare Plan? By Patrick Martin.
Medical care must be made available to every American citizen and resident, provided for at state expense as a basic human right. This requires the nationalization of the insurance companies, the drug companies, and all the other healthcare profiteers, and the establishment of a system of socialized medicine provided free to all who need it. Continue

Question for Bernanke:
"Do You Have the Cojones to Raise Rates?"
By Mike Whitney.
Bernanke should welcome the opportunity to show everyone how he's pulled the world's biggest economy back from the brink of disaster. All he needs to do is stop giving away free money, shut down a few of his so-called lending facilities, and stop manipulating interest rates by purchasing mortgage-backed securities (MBS) from Fannie and Freddie. How hard is that? Continue

Spinning the Economic News By Paul Craig Roberts
By spinning the financial news, the appearance of recovery is created, and this lures people back into the stock and real estate markets where they can lose the remainder of their wealth. Continue
"During times of universal deceit telling the truth becomes a revolutionary act." George Orwell

Monday, August 10, 2009

Bailout isDemolition of Civilization

"In the 1st 6 months of 2009 there has already been 1.9 Million Foreclosures."

Global Economy Demolitioned By Mark Whitney [Open in new window]

Whether the Bailout is a Planned Demolition of Civilization or Not - a student of history will know there are always clever opportunists who desire a greater lot than the average person. Greed exists as a natural human tendency. But you can't fool all the people all the time. Definitely, the economy doesn't make mathematical sense. The next Global economic crisis is coming by 2016, because there has been no signs of Political Will to Sack CEOs in posession of suspicious Wealth . And this time no one will be spared. Visit: www.theglobalchallenges.com

Planned Economic Demolition of Global Economy By Mark Whitney
http://informationclearinghouse.info/article23231.htm
Wealth Inequality destroys US Ideals"

A second Great Depression avoided or delayed?

KUALA LUMPUR: Aggressive stimulus spending by governments helped the world avoid a second Great Depression but full economic recovery will take two years or more, Nobel Prize-winning economist Paul Krugman said Monday.

World avoided second Great Depression, Krugman says in KL(update)
PM: "We cannot let this go on"
PM: Global reform agenda must ensure balance
The Health Care Smoke Screen Masking the Financial Cancer
Financial Crisis Explained
Najib: Monitoring global economic turmoil
The Financial Crisis Explained http://bit.ly/qIpDr
Recession of Glaciers http://bit.ly/AMKuk
A(H1N1) flu now a serious threat

Friday, August 7, 2009

Obama and his Band of Banksters

"This A (H1N1) virus alone could send the world into an economic tailspin." Mike Morgan

The following excerpts are taken from http://bit.ly/HqE3g

We are at a point now where the pension funds will soon have to admit just how bad things are. Once that snowball starts to unravel, things will get very ugly. The three pension funds that objected to the Chrysler deal were just the tip of the iceberg. The real problem for pension funds will come in the next round of stock losses and commercial real estate losses. They will also be clobbered by the deals they struck with the residential home builders . . . both single family and multi-family. This may start to unravel over the next six months, but more likely this tsunami will not crush the markets for 12-24 months.

Obama has done an excellent job at dragging things out so he can continue to pump money into the pockets of the Wall Street Gang.

One more note. The garbage we saw with Chrysler and GM is not over. As this mess unravels, our country will begin to feel the effects of the excesses we have enjoyed over the last three decades. By the way, you’ve gotta laugh when you listen to the guys at Ford. They really think they will come out smelling like a rose . . . even though they are up against two competitors with government money, and two competitors that are in the process of dumping billions of debt. The boys and girls at Ford may have something up their sleeves, but it’s not going to be easy competing with two companies that have huge pension, debt and labor advantages. As we have seen, this might take time to unravel, since we have companies like Goldman Sachs pumping Ford stock into as many fiduciary accounts as they can.

The numbers today were not really a surprise. No matter what the numbers were, you could be sure the media was going to put a positive spin on them. And to hear some of the bobbleheads on CNBC, you really want to gag. I can no longer watch more than just a few seconds of buffoons like Steve Liesman, the Kahuna, Mark or even Becky and Erin. This stuff should be rated PN for Pure Nonsense.

In any event, the ObamaRamaLama has been a success, and the Banksters like Goldman Sachs have managed to suck out hundreds of billions of dollars during this steroid and crack induced high. At $100 million a day PLUS, in trading profits for Goldman Sachs alone, you can see just how dire things will be when the Banksters decide to pull the plug. And it will happen. Mike Morgan's Blog [Open in new window]

The same holds true for Capital One and many of our banks that are still sitting on piles of junk credit card debt and mortgages. We have outdone ourselves this time. While you are home watching Reality TV, the Banksters and your elected officials are loading up the wagons with your dollars . . . and raiding, raping and plundering your pension funds.

Cash for Clunkers is just another example of another ObamaRamaLama set up to help Banksters and the bankrupt companies we just bailed out in Detroit. When is it going to stop? Do you realize that many of the people jumping at buying new cars, cannot afford the new payments? But the banks have been ordered by Obama to "bend the rules" just like they did during the creation of the housing bubble. What's next?

I can tell you. Next we will be offering you money to buy TVs, boats, motorcycles and lots of other toys and baubles we do not need. I keep saying, Wake Up America . . . but it is already too late.

I believe they can keep the ruse going a bit longer. But we are nearing a very critical point, where the masses will eventually rise up and take back what the Banksters and Pranksters in Washington have stolen. You can bet it will be ugly.

You see, you can't possibly tell people that things are getting better, simply because the unemployment number went down, unless you are prepared to tell them it went down because there are more and more people that have given up looking for a job AND there are more and more people that have exhausted their benefits AND there are more and more people taking jobs paying far less than what they were earning . . . or what they need to be earning to pay their mortgages and put food on the table.

I see it and hear it everyday on the real estate side of our business. Spend a day with me, and I guarantee I will have you crying before lunch. You will see REALITY, and it will NOT be a group of nasty housewives pulling each other's hair, or a group of preppy spoiled brat teenagers in NYC. I will show you reality.

Foreclosures - The banks are sitting on them. I have people that have not paid a mortgage payment in three years. I have properties we are working with, where the banks have been trying to evict the occupants for two years . . . and these are NOT even the former owners. These are squatters. We get foreclosed houses that need $50,000 worth of repairs on a $150,000 house. We see houses that need to be torn down, even though the bank is stuck with a $300,000 mortgage and the lot is maybe worth $20,000 . . . and it will cost $25,000 to tear the house down.

Obama is the biggest phony we have ever seen as President. This man is not just bad, he is downright evil. The man has no clue what is going on, and is surrounded by an army of greedy bastards that are only thinking about how to enrich the Banksters that own them.

Foreclosure Help - Another Really Dumb Program

Yet another bill is being mangled through Congress to help foreclosed homeowners rent their homes from the lender. I have three words for this one having any meaningful effect . . .
Not a chance. This is not only a plan doomed for failure, but it is another example of a buffoonish ObamaRamaLama that will further fuel the financial crisis by forcing banks to lose more money, instead of cutting their losses and facing the consequences

Too Late - It is too late to unwind the foreclosures, just like it is too late to unwind the banks that need to be shut down. Just take a hard look at Corus Banks. The FDIC can't unwind it, because it would cost billions of billions of dollars that they don't have . . . and they don't even understand how to unwind this one. The same holds true for Fifth Third Bank. They have property on their books that is worth less than zero, yet they carry this crap on the books at fairy tale prices, just so they can continue to pay out huge salaries and bonuses. Shut these banks down now.

Consequences - First Bush hired the biggest criminal to ever walk the planet, Hank Paulson, and then Obama kissed this man's ass till his butt was sore. The only one going to pay the consequences for the crimes of the Banksters, will be you, your children and your grandchildren. A year ago I said this . . .

"We have a choice now. We can go into the Depression with our heads high and come out standing up. Or we can give King Henry what he wants, and go into the Depression with our heads bowed down to him, and come out of the Depression - naked, bloodied, on our knees - begging King Henry and his friends for scraps of food."

Obviously, the country chose the latter. Unfortunately, there is now absolutely nothing you can do about it, unless you are prepared to go out and round up the banksters. Then line them up and shoot them. That's the only way you can stop evil at this level. If you don't, it will continue on and on and on.

Unemployment Reality - It's not 9.4%. It's more like 20% when you consider the independent contractors like attorneys, real estate agents, contractors, etc., that are not on payrolls. We didn't have this kind of problem 25 years ago. And it's not getting better. When you have 500,000 new jobless claims a week, tell me how that is good? When you have millions of people falling out of the system, and now relying on Welfare and Food Stamps, tell me how that is good.

For crying out loud America . . . Wake Up.

Fairy Tales and Sugar Plums - That is what the Bush, and now the Obama Administrations are feeding you. It doesn't matter whether you or they are Democrats or Republicans, because the boys and girls in Washington are owned by Goldman Sachs and the Banksters on Wall Street. Your fairy tale will end in a nightmare, but your nightmare will be reality.

If you truly believe Obama is not going to raise taxes, ask yourself who is going to pay for the trillions of dollars Washington has squandered . . . and Wall Street Banksters have sucked up. Either taxes go up by a whopping 50% for everyone, or we cut out 50% of the services you depend upon, like Medicare, Social Security, the Military, Defense, Airports, Trains, Roads, etc.

Wake up America . . . we are headed for a Depression that will make The Great Depression look like a rehearsal.
.

Thursday, August 6, 2009

Day of Reckoning

“Today the typical worker changes jobs 11 times by the time they’re 40. Health coverage today isn’t portable. In fact, when you lose your job, you go into something called the COBRA program, which a bunch of us say is the only federal program named after a poisonous snake.” Ron Wyden

Since the economic stimulus bill passed nearly six months ago, the Obama administration has repeatedly pledged that the money would reach middle America, seeping into the communities hardest hit by the recession.

But analysis of the most comprehensive list of stimulus spending to date found no relationship between where the money is going and unemployment and poverty.

From a ‘halo’ car to an expensive folly

Her bridal train kept a rollin’ — for 1.2 miles

Economy in turmoil

Road to ruin

Future hybrids could be worth waiting for

Senior producer John W. Schoen answers questions about the financial crisis and how it affects you. Click here to ask your question.

Obama approval rating sinks to 50 percent: poll

Wednesday, August 5, 2009

Rethinking our Way of Life

"Action without Thought is labour lost; Thought without Labour is Perilous." Confucius

"American Capitalism is NOT working." Barbara Ehrenreich: Is Capitalism Dead?

America is not only Breaking Americans but also everyone worldwide.

When a ship is in a storm, people do not know whether it is safer to stay in the ship or jump. That is the Predicament of Governments worldwide now. The People who tend to benefit from the present System will hold on to it until they starve or die even if they know something is grossly wrong.This is normal human Reaction/ Nature.
ONLY MASS e-mail petition on a world-wide scale from the Grass roots can change the System.

We have to Get Rid of All the pseudo aristocrats who have the power to create a pseudo economy. There is no shortage of anything in this world. There is Only Shortage of Political WILL AND GUTS to say "NO" to falsehood. Please Visit:
www.buyerbeaware.blogspot.com - (May 4th, 2009 Posting)

http://www.thenation.com/se...
Jeff Madrick: Grading Obama's Recovery
Bill Fletcher Jr: Resistance and the Recession
A Bank Bailout that Works - Joseph Stiglitz http://www.thenation.com/do...
Thom Hartmann http://tinyurl.com/mzsjg6 [Open in new window]
Banking Bandits Get Their Reward

Banks & Banking

Robert Scheer:
Money for Nothing U.S. Economy

Jeff Madrick:
» Act Now!
Bottled Water Sucks |

The Nation's Meltdown 101

As the world faces economic collapse and citizens struggle to figure out where to go from here, The Nation has assembled this special section as an online guide to the crisis, drawing largely from Meltdown: How Greed and Corruption Shattered Our Financial System and How We Can Recover (Nation Books) by Katrina vanden Heuvel and the editors of The Nation.

David Bromwich: The Character of Barack Obama

Transparency and Accountability By Ben Bernake
"The Congress and the American people have a right to know how the Federal Reserve is carrying out its responsibilities and how we are using taxpayers' resources. The Federal Reserve is committed to transparency and accountability in its operations. We report on our activities in a variety of ways, including reports like the one I am presenting to the Congress today." Accountability By Ben Bernake http://www.federalreserve.g...
US Monetary Policy - 2009 http://bit.ly/bU3Sr
US National Debt http://www.brillig.com/debt...
Americans fret over deficit http://tinyurl.com/mexb5p [Open in new window]
International Reprecussions of the U.S. Budget Deficit
Facts about US Budget Deficit http://tinyurl.com/kkuwhm [Open in new window]
Contacting US Congress http://tinyurl.com/kqlcyz [Open in new window]
Contact US President Obama http://www.whitehouse.gov/contact/

Obama submits budget blueprint
Play Video

Relevant Links

Mike Morgan Vs Goldman Sachs http://bit.ly/4PqBa

FedUpUSA.org
Heist - Coming Movie
Mortgage Implode
Patrick.net
Goldman Suchs Blog
In (Plain) Sight
Freedom Crows Nest
Ticker Forum Threads
Terror Patriot

The Greatest Miracle

"By Defination, we are a third world nation." Thom Hartmann, USA.

"Bringing Stability to Financial Markets

This crisis has taught us the real impact that financial markets and institutions can have on working families. President Obama has worked to get credit flowing again so that small businesses can rebuild and hire workers and families can afford to send their children to college. At the same time, the President has demanded accountability and transparency both on Wall Street and in Washington, taking steps to ensure that banks use taxpayer assistance to support lending and create sustainable economic growth. For the long term, the President will create a new regulatory framework that holds market players responsible for their actions and stops fraudulent practices before they take hold." White House Economy http://www.whitehouse.gov/i...

January 2009 to July 2009, I find no improvement in National nor International matters. I expect a period of intense political and economic squabling until 2012. Human Beings change only at the point of death or starvation. God changes only 1 person in a 1000.The Greatest Miracle is how America Fooled the World Printing Money.

Consultant: Malaysia can be medical tourism hub

KUALA LUMPUR: Malaysia has the potential to become a medical tourism hub, says Frost & Sullivan senior consultant of healthcare for Asia Pacific, Dr Pawel Suwinski.

Tuesday, August 4, 2009

The Long Road to Global Economic Recovery

"Nobody can teach anybody anything. You can only tell them what they already know." Galileo Galilei

"Whenever you have more days in the month than money, Remember - The US National Debt in 2008 was - USD 56.4 Trillion and is growing." David Jeremiah
http://www.goldworth.com/le...

"The global economy is still in the doldrums and is unlikely to move out of the woods in the near term. It appears that the "green shoots" may be short-lived. There is a 50 per cent chance of a double-dip, and a 30 per cent chance of a triple-dip. The road to economic recovery is likely to be bumpy and winding." 5/8/09 Mohamed Ariff, Exec Director, MIER, Malaysia.
Long Road to Global Economic Recovery http://bit.ly/2iTon7

Your Money is not safe and your future not secure http://www.goldworth.com/le...
The Anti Government Website http://www.lewrockwell.com/
Midas http://www.infowars.com/mid...
Prison http://prisonplanet.tv/
The Obama Deception http://obamadeception.net/
The Obama Deception - Movie http://bit.ly/hNjiM
Joseph Stiglitz http://bit.ly/diM2u
Food is Next http://bit.ly/FxxA3
Greed shattered the Financial System http://bit.ly/lBe7j
advocate views http://www.advocateviews.bl...
Malaysia 1st August 2009 http://www.flickr.com/photo...
Masjid Jamek http://www.flickr.com/photo...
Rally in Malaysia http://www.flickr.com/photo...
Malaysia Kini http://www.malaysiakini.com/
Malaysia Today http://www.malaysia-today.n...
The Malaysian Insider http://themalaysianinsider....
The Malaysian Bar http://www.malaysianbar.org...
The Sun http://www.sun2surf.com/
Stuborn http://bit.ly/Tq1T5
The Edge http://www.theedgemalaysia....
Harakah http://www.harakahdaily.net/
PAS TV http://tvpas.com/v1/
http://www.tranungkite.net/v9/
education malaysia http://educationmalaysia.bl...
digital library. http://www.digitalibrary.my/
Expatriates Forum http://bit.ly/11fNvc
Sin Chew Jit Po http://www.mysinchew.com/
When I see you smile http://bit.ly/KfLgR

Consumers should Read the Bad News

“The only thing that prevented me from learning is education” Albert Einstein

“Only a Crisis, real or perceived, can bring about real change.” Milton Friedman, 1982

Consumers need to read the bad news to save themselves from being manipulated. Life is not for going to school to be brainwashed and then have, 1 wife, 1 child, 1 car, 1 house, 1 dog, eat, sleep, work for 30 years and die. We go to school to know about ourselves, the world and people to have some control over our lifes. If 50 % of the world are living below the poverty line and another 30% of the world is having more days in the month than money - SOMETHING IS GROSSLY WRONG WITH THE SYSTEM.

Mike Vs Goldman http://bit.ly/4PqBa

Obama’s broken promises http://bit.ly/20zlY

Global Economy hasnt hit bottom http://bit.ly/9EGAf

Don’t Trust Bank Earnings http://bit.ly/Q4n1x

“Why emerging from the Economic Meltdown will be difficult” By Joseph Stiglitz http://bit.ly/diM2u

“Global Controlled Fraud Ponzi Scheme” By William Blake http://bit.ly/l5Sr0

The Ponzi Scheme II - Crony Capitalism http://bit.ly/NucK9
A trillion Dollars ! http://bit.ly/yni0H

Disater Capitalism – Naomi Klein: http://bit.ly/ZDsLS

The Obama Deception http://obamadeception.net/
The Obama Deception - Movie http://bit.ly/hNjiM

Fixing Capitalism by Bill Gates http://bit.ly/QL6BC

Bill Gates unplugged http://bit.ly/4okWmu

War on Information http://www.infowars.com/

America Destroyed by design http://prisonplanet.tv/

The Malaysian Unplugged http://bit.ly/IHxKx
Advocate http://www.advocateviews.bl...

It is worthwhile for me as my social responsibility to the 1 Billion ordinary consumers of the world, to repeat myself that there will be no “REAL” global economic recovery in the next 4 to 8 years at least. The Governments are just subsidizing Public Listed companies which will repay the Government. But the People’s lost will remain your loss as their “logic” says, “Any way you enjoyed the good times too.” So you suffer the ups and downs of unrealistic, manipulated market forces but certain Big private companies, their CEOs and executives will be protected from the ravages of an hostile economy. Please brace yourselves : For Full Report Please Visit: www.buyerbeaware.blogspot.com

Weekly Unemployment Claims Portend Disaster
Mon, 03 Aug 2009 02:50:34 GMT
“In the week ending July 25, the advance figure for seasonally adjusted initial claims was 584,000, an increase of 25,000 from the previous week’s revised figure of 559,000. The 4-week moving average was 559,000, a decrease of 8,250 from the previous week’s revised average of 567,250.” … Click here to read more

The Great Recession Continues
Mon, 03 Aug 2009 07:03:39 GMT
” There is no coincident data which is demonstrating this recession is over. Some may be at the bottom, others have a way to go.” … Click here to read more

Bad news for Brown as IMF says Britain’s debt crisis is the worst among major economies
Mon, 03 Aug 2009 02:54:22 GMT
“Gordon Brown and Secretary for Business Peter Mandelson, pictured at an Employment Summit, have seen Britain’s economy put under recessionary strain … Click here to read more

Oil jumps above $70 on optimism demand to recover
Mon, 03 Aug 2009 16:05:49 GMT
“Oil jumps above $70 in Asia on investor optimism that economic recovery will fuel demand ” … Click here to read more

The appearance of improved commercial paper and credit facilites appears to be just that, an appearaance
Mon, 03 Aug 2009 02:58:33 GMT
” overnments world over have issued guarantees and commitments to assure the world that they would not let any major counterparty to fail. This has created the desired impact in short term credit and lending markets, as well as the longer term corporate bond markets. It has also produced the effect that I anticipated, moral hazard (ex. the continued extreme risk taking at Goldman Sachs despite being backstopped by the US government – see The Goldman conspiracy theory is now no longer a theory) as well as the carry of corporate risk by central banks and governments in lieu of private investors.” … Click here to read more

Bill Maher feels disconnected from the Fed
Mon, 03 Aug 2009 07:23:36 GMT
” Bill Maher talks to Niall Ferguson about Ron Paul’s bill to audit the central bank and Elliot Spitzer’s recent comments that the Federal Reserve is a giant Ponzi scheme.” … Click here to read more

Hundreds of Businesses Are Run Out Of Capcoâ€™s Vermont HQ
Mon, 03 Aug 2009 16:25:26 GMT
” This brings to mind the story Obama used to tell on the campaign trail about â€œthe outrage of a building in the Cayman Islands that had over 12,000 business â€” businesses claim this building as their headquarters. And Iâ€™ve said before, either this is the largest building in the world or the largest tax scam in the world.â€?” … Click here to read more

Foreign Investment in the U.S. â€“ Going Down
Mon, 03 Aug 2009 16:33:43 GMT
“Look here, weâ€™re all in this together. If you jump ship now, weâ€™re all doomedâ€¦ DOOMED, I say!” … Click here to read more

Thoughts On The “Recoveryless Recovery”
Mon, 03 Aug 2009 18:30:50 GMT
” Before we can address the question “is the bottom in?” we must answer the question: “the bottom of what?” Moreover, we must also state a timeframe. The latter is critical.” … Click here to read more
August 3 2009: Non-denial denial: Higher taxes
Mon, 03 Aug 2009 07:13:05 GMT
“At the end of it all, the notion of the second stimulus was planted in the nationâ€™s consciousness, and that was the goal. When, likely in a few monthsâ€™ time, the topic resurfaces, there will be a recognition factor that will make it go down much more easily. It’s how you sell stuff, and how you sell ideas.” … Click here to read m ore

A Complaint By Any Other Nameâ€¦ Maybe itâ€™s NOT the Loan Mod Firm
Mon, 03 Aug 2009 07:15:50 GMT
“People are losing their homes. And they feel let down. Let down by their banks, let down by their government, let down by society. Many still blame them for having created the situation in which they now find themselves. The fact that itâ€™s way beyond frustrating is only the tip of the emotional iceberg. It is disheartening on a scale thatâ€™s hard to comprehend without living it.” … Click here to read more

Is the Housing Bottom in, or is this just a Seasonal Uptick?
Mon, 03 Aug 2009 07:17:32 GMT
” Inquiring minds are pondering a few charts from my friend “TC” who has plotted the Case-Shiller price history since 1995 for 20 cities. Please click on any chart to see a sharper image.” … Click here to read more

Sunday, August 2, 2009

Carbon Debt and Climate Change

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty." - Thomas Jefferson

"When the people and the government fear JP Morgan, Goldman Sachs and Banksters, there is economic dictatorship that will destroy the very fabric of our existence as a civilized society." - Mike Morgan

Towards a global climate deal
High-polluting developed countries have already used up much of the world’s “carbon space”, and should pay up their carbon debt to facilitate in fair global deal on climate change.

UN Climate Change Conference 2009 Copenhagen http://bit.ly/2NdtOg
Asian Conservation awareness programme http://www.wildaid.org/inde...
Wild Aid Videos http://www.youtube.com/user...
Conservation through communication http://www.wildaid.org/
Environmental Sustainability http://www.cleanairgreentou...
Green Links http://bit.ly/VJ4pv
CO2 http://bit.ly/fWE0Q
How Global Warming Works http://bit.ly/uPHdf
Climate Change inducing CO2 http://bit.ly/KQaV2
10 ways to Sustain http://bit.ly/YfelP
GMF - A Disaster http://bit.ly/1niHVy
Ninja Turtles http://ow.ly/iCw5
Global Farming Revolution http://bit.ly/3bD6
Can Sustainable Agriculture Prevent Suicide?
Eating Local Food: The Movement, Locavores and More
Do You Know What You Eat? Greenpeace’s Ads Against Genetically Modified Organisms
Food Shortage Pulls Genetically Modified Grains Into Formerly Closed Markets
Tanzanian NGO Boos GMOs on World Food Day
Zero Waste—The Newest Eco-Fashion Innovation?
To Go Green You Must Find Your Personal Balance
modified green onions and peas. ::fubiz via ::NotCot.org
See also: ::The Argument Against GMOs, ::Arguments Against GMOs (and Industrial Agriculture), ::Monsanto pays $1M for GMO bribe and ::Genetically Modified Rice to Fight Global Warming in China
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