Posted on July 19, 2011 by willyloman
by Scott Creighton I have deliberately avoided commenting on the developing melodrama that is the News International hacking story and all the subsequent fallout that is besetting the Murdoch family and empire. That’s because it’s hard to figure out exactly what it is. Is it a distraction to keep the lefties chewing on that rather [...]
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Posted on July 18, 2011 by willyloman
by Chris Hedges, TruthDig Dr. Silvia Quintela was “disappeared” by the death squads in Argentina in 1977 when she was four months pregnant with her first child. She reportedly was kept alive at a military base until she gave birth to her son and then, like other victims of the military junta, most probably was [...]
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Posted on July 18, 2011 by willyloman
by Scott Creighton Looks like “South Sudan” is about as legitimate as the national transitional council in Libya. China had invested billions in a pipeline that ran across the Sudan and now we have cut it in half. Also appears that Sudan didn’t have a privately owned central banking system. Hedge funders and financial heads [...]
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Posted on July 18, 2011 by willyloman
by Scott Creighton Two uniformed San Francisco cops were checking fare tickets on a light rail platform near the intersection of Third Street and Oakdale Avenue when a 19 year old man, who apparently had no ticket, took of running. The kid was shot, in the back, multiple times by the two SFPD officers and [...]
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Posted on July 18, 2011 by willyloman
(Krugman wonders why the soft treatment for the bankers since they created this mess in the first place.) Paul Krugman, New York Times Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on the bankers. This principle was on [...]
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Posted on July 17, 2011 by willyloman
by Scott Creighton This just a brief follow-up to yesterday’s article “Eating Flies for the Master“ Andrew Gavin Marshal over at Global Research wrote about Greece in relation to the Great Global Debt Depression. His article seeks to explain the cause of the global depression we are all living in right now. His conclusions are [...]
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Posted on July 16, 2011 by willyloman
by Scott Creighton This catastrophic economy we find ourselves living in was manufactured. We know that. They created the housing bubble by pushing liar loans on potential sub-prime home buyers while the federal government, under the early days of the Bush administration, created a program to help unqualified buyers with the down payments they needed. [...]
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Posted on July 16, 2011 by willyloman
Posted on July 15, 2011 by willyloman
by David Cronin, Electronic Intifada When Andreas Papandreou died in 1996, The New York Times noted that he often left Western governments “befuddled or exasperated” as he took positions “diametrically opposed to theirs.” Citing examples of his “maverick” behavior, the paper’s obituary referred to how the Greek prime minister granted diplomatic status to the Palestine [...]
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Posted on July 15, 2011 by willyloman
By Marianne Arens, WSWS Italy’s austerity budget is increasingly assuming “Greek” proportions. Under intensified pressure from the financial markets, the government of Silvio Berlusconi announced on Tuesday that the new measures were to be enforced much more quickly and ruthlessly than previously planned.
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Posted on July 15, 2011 by willyloman
by Patrick Martin, WSWS Proving that President Obama is the first choice of Wall Street and the American super-rich, his reelection campaign announced Wednesday that it had broken all previous records for fundraising, raking in $86 million during the second quarter of this year. The $86 million total dwarfed the previous record for presidential reelection [...]
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Posted on July 15, 2011 by willyloman
Posted on July 15, 2011 by willyloman
by Stephen Lendman Short of finalizing details and assuring enough bipartisan support, it’s a done deal to slash Social Security, Medicare, Medicaid, and other social spending while leaving outsized military budgets and generous handouts to corporate favorites in place.
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Posted on July 15, 2011 by willyloman
from the BBC A Colombian army colonel has admitted his unit murdered 57 civilians, then dressed them in uniforms and claimed they were rebels killed in combat. Colonel Luis Fernando Borja was sentenced to 21 years, reduced from 42 years for accepting responsibility. In a typical case in 2007, Borja admitted two men were lured [...]
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Posted on July 14, 2011 by willyloman
Neoliberalism IS FASCISM: 800 pieces of Legislation Written by Corporations – “The Center obtained copies of more than 800 model bills approved by companies through ALEC meetings, after one of the thousands of people with access shared them, and a whistleblower provided a copy to the Center. Those bills, which the Center has analyzed and [...]
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