Ralph Nader spoke to standing room only early morning room full of the PowerShift2009 young people March 1, 2009.
Day: April 5, 2009
The Financial War Against Iceland by Prof Michael Hudson
by Prof Michael Hudson
Global Research, April 5, 2009
Being defeated by debt is as deadly as outright military warfare.
Iceland is under attack – not militarily but financially. It owes more than it can pay. This threatens debtors with forfeiture of what remains of their homes and other assets. The government is being told to sell off the nation’s public domain, its natural resources and public enterprises to pay the financial gambling debts run up irresponsibly by a new banking class. This class is seeking to increase its wealth and power despite the fact that its debt-leveraging strategy already has plunged the economy into bankruptcy. On top of this, creditors are seeking to enact permanent taxes and sell off public assets to pay for bailouts to themselves.
Being defeated by debt is as deadly as outright military warfare. Faced with loss of their property and means of self-support, many citizens will get sick, lead lives of increasing desperation and die early if they do not repudiate most of the fraudulently offered loans of the past five years. And defending its civil society will not be as easy as it is in a war where the citizenry stands together in coping with a visible aggressor. Iceland is confronted by more powerful nations, headed by the United States and Britain. They are unleashing their propagandists and mobilizing the IMF and World Bank to demand that Iceland not defend itself by wiping out its bad debts. Yet these creditor nations so far have taken no responsibility for the current credit mess. And indeed, the United States and Britain are net debtors on balance. But when it comes to their stance vis-à-vis Iceland, they are demanding that it impoverish its citizens by paying debts in ways that these nations themselves would never follow. They know that it lacks the money to pay, but they are quite willing to take payment in the form of foreclosure on the nation’s natural resources, land and housing, and a mortgage on the next few centuries of its future.
Worldwide Depression: Regional Impacts of the Global Crisis, Part II by Prof. James Petras
by Prof. James Petras
Global Research, April 5, 2009
World Depression: Regional Wars and the Decline of the US Empire
For Part I of this article, see World Depression: Regional Wars and the Decline of the US Empire, Part I by Prof. James Petras, 2009-03-30
The worldwide depression has both common and different causes, affected by the interconnections between economies and specific socio-economic structures. At the most general-global level the rising rate of profits and the over-accumulation of capital leading to the financial-real estate-speculative frenzy and crash affected most countries either directly or indirectly. At the same time, while all regional economies suffered the consequences of the onset of the depression, regions were situated in the world economy differently and subsequently the effects varied substantially.
Latin America
More IMF Economic Medicine Is Not the Solution by Michel Chossudovsky
The Centre for Research on Globalization presents Michel Chossudovsky: “More IMF Economic Medicine Is Not the Solution”
Active Thermitic Material Discovered in Dust from the 9/11 World Trade Center Catastrophe
Global Research, April 3, 2009
Below is the Abstract, Introduction and Conclusions of this important and carefully researched article
The complete article can be downloaded (pdf)
Active Thermitic Material Discovered in Dust from the 9/11 World Trade Center Catastrophe
pp.7-31 (25)
Authors: Niels H. Harrit, Jeffrey Farrer, Steven E. Jones, Kevin R. Ryan, Frank M. Legge, Daniel Farnsworth, Gregg Roberts, James R. Gourley, Bradley R. Larsen
The Open Chemical Physics Journal
Volume 2
ISSN: 1874-4125
doi: 10.2174/1874412500902010007
Complete Article
http://www.bentham-open.org/pages/content.php?TOCPJ/2009/00000002/00000001/7TOCPJ.SGM
Abstract:
We have discovered distinctive red/gray chips in all the samples we have studied of the dust produced by the destruction of the World Trade Center. Examination of four of these samples, collected from separate sites, is reported in this paper. These red/gray chips show marked similarities in all four samples. One sample was collected by a Manhattan resident about ten minutes after the collapse of the second WTC Tower, two the next day, and a fourth about a week later. The properties of these chips were analyzed using optical microscopy, scanning electron microscopy (SEM), X-ray energy dispersive spectroscopy (XEDS), and differential scanning calorimetry (DSC). The red material contains grains approximately 100 nm across which are largely iron oxide, while aluminum is contained in tiny plate-like structures. Separation of components using methyl ethyl ketone demonstrated that elemental aluminum is present. The iron oxide and aluminum are intimately mixed in the red material. When ignited in a DSC device the chips exhibit large but narrow exotherms occurring at approximately 430 °C, far below the normal ignition temperature for conventional thermite. Numerous iron-rich spheres are clearly observed in the residue following the ignition of these peculiar red/gray chips. The red portion of these chips is found to be an unreacted thermitic material and highly energetic.
The New Class and The Workers by Gaither Stewart
by Gaither Stewart
Featured Writer
Dandelion Salad
5 April 2009
(Rome) Protests, broken heads and hundreds of arrests at the G20 in London, bloody demonstrations in Kehl and Baden Baden and Strasbourg at celebrations marking the 60th anniversary of NATO, workers uprisings across the face of France, and on Saturday in Rome’s Circus Maximus a mammoth manifestation organized by the CGIL trade union underline the abyss separating the New Class of capital from labour. The current and spreading revolt of labour against capital seems to mark the second phase of the crisis of capitalism, as a consequence of the financial crisis caused by the New Class of an elite that has illogically chosen to separate itself from labour in the Occidental world. Continue reading
Six Years in Iraq: Capitalism is Warfare by Manila Ryce
Romero (1989) + Chomsky on Oscar Romero + Massacre during Romero’s funeral (must-see)
Warning
These videos may contain images depicting the reality and horror of war/violence and should only be viewed by a mature audience.
Image by Wally Gobetz via Flickr
Updated: Sept. 27, 2018
Romero (1989) Trailer – John Duigan, Raul Julia
DionysusCinema on Mar 3, 2010
1989 film about Salvadoran Archbishop Oscar Romero. Stars Raul Julia and is directed by John Duigan.
Dandelion Salad 