News & Analysis Round-up: The World Economy

RAND Lobbies Pentagon: Start War To Save U.S. Economy  – PrisonPlanet 10/30/08

“According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession.”…”Reportedly, the RAND proposal brazenly urged that a new war could be launched to benefit the economy, but stressed that the target country would have to be a major influential power, and not a smaller country on the scale of Afghanistan or Iraq.” 

US headed for a depression and dollar collapse – Market Skeptics 11/2/08

Collapse of US Financial System: The Setting up of a “New Dollar”?  – Global Research 10/26/08

Global Markets in Turmoil: Financial Warfare against Labor and Industry  – Global Research 10/26/08

Financial Implosion and the New American Century  – Global Research 10/26/08

Dr. Ignacy Nowopolski : Is the Global Economy a Mistake? an Interview with Paul Craig Roberts – CounterPunch 10/31/08

Causes and Solutions to the Global Financial Crisis – Global Research 11/3/08

Eric Toussaint : How the Food and Financial Crises are Interconnected – CounterPunch 10/29/08 

Mike Whitney : Meet the World’s New Currency – CounterPunch 10/28/08

The Bailout Lie Exposed: Financial “Big Boys” Never Intended To Lend Out Their Windfall – Global Research 10/28/08

Why the Institutions of Western Finance and Western Medicine are Both Doomed to Fail – NaturalNews 9/29/08

The U.S. financial crisis is a human rights issue  – Global Research 10/28/08 

The New Kleptocracy: Biggest “Giveaway” in American History – Global Research 10/28/08

Most corporations pay no US taxes – Reuters 8/12/08

The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.  More than half of foreign companies and about 42 percent of U.S. companies paid no U.S. income taxes for two or more years in that period, the report said….About 25 percent of the largest U.S. companies paid no federal income taxes in 2005 despite $1.1 trillion in gross sales that year, they said.

Dow Average May Sink to 5,000 – Bloomberg 10/23/08

You don’t really own the shares you think you own – Metafilter 10/24/08

Sarkozy calls for halt to foreign ownership – Times UK 10/21/08

Feds probe Countrywide’s ‘VIP’ program – Implode Explode 10/30/08

‘Broke the buck’ fund returns $26 billion – CNN 10/31/08

The Five Most Wanted Rip-off Artists from Wall Street and Washington – Alternet 11/3/08

Insider’s Projects Drained Missile-Defense Millions  – NYTimes 10/11/08

How To Live in Your Car – WikiHow 

Uh Oh, the American Consumer Has Raised the White Flag – Alternet 10/31/08

The capitulation of the American consumer is coming at a particularly bad time. But it’s no use whining. What we need is a solution.

Why Big Banks May End up Buying Your City’s Public Water System – Alternet 10/31/08

Fed Expands Swap-O-Rama to Brazil, Mexico, South Korea, Singapore – Implode Explode 10/30/08

Earth on course for eco ‘credit crunch’ – Raw Story 10/29/08

Wheat Soars Most in 20 Years on Federal Reserve’s Rate Decrease – Bloomberg via Cryptogon 10/30/08

Countrywide: Your Fixed-Rate Loan is Set to Adjust  – Implode Explode 10/28/08 

Auditors: Private security in Iraq costs over $6B (AP)  – Yahoo 10/30/08

Europe Seeks Moratorium to Protect Public Water from Privatization Push– Alternet 11/1/08

Despite pressure for public control of water, the European Commission seems intent on privatization.  

Annals of Crony Capitalism – Global Research 11/4/08

JP Morgan & Goldman Sachs responsible for destruction of US financial system – Market Oracle, UK 10/16/08

U.S. warns banks that using bail-out money for pay and pensions to executives will be a criminal offence – Daily Mail, UK 10/31/08

Previous posts on the economy  

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