Hope2012


US & International Economic News Round-Up

News Americas Bolivia summit adopts new currency – Al Jazeera 10/18/09

Asian Leaders Eye EU-Style Bloc  – BBC via Cryptogon 10/23/09 

Latin America plans US dollar replacement – PressTV Iran 10/18/09 

Russia and Iran Now OFFICIALLY Talking of Dumping Dollar for International Trade – Washington’s blog 10/18/09

Senior Australian Politician Warns About U.S. Debt Default Within the Next Few Years – The Age, Australia via Cryptogon 10/23/09

Bailout May Cost $23.7 Trillion – Huffington Post 10/21/09

Hank Paulson Held A Secret Meeting With Goldman Sachs In Moscow – Cryptogon 10/21/09

Real Estate Collapse Entering New Phase: Banks Refusing to Repossess Abandoned Homes, or Even File Foreclosures  – Cryptogon 10/19/09

Losing their lifeline – 7,000 a day – CNN 10/22/09

As the Senate debates whether to extend unemployment benefits, more than 200,000 jobless Americans are set to see their checks stop in October.

Top 10 States make up 55 Percent of United States GDP. 6 of the top 10 States have Unemployment Rates over 10 Percent. – My Budget 360 10/25/09

Revised formula puts 1 in 6 Americans in poverty – AP / Yahoo 10/20/09

A revised formula for calculating medical costs and geographic variations show that approximately 47.4 million Americans last year lived in poverty, 7 million more than the government’s official figure.

The disparity occurs because of differing formulas the Census Bureau and the National Academy of Science use for calculating the poverty rate. The NAS formula shows the poverty rate to be at 15.8 percent, or nearly 1 in 6 Americans, according to calculations released this week. That’s higher than the 13.2 percent, or 39.8 million, figure made available recently under the original government formula.

How a Crashing Dollar Hides Trends – Prison Planet 10/22/09

Many Americans have a hard time wrapping their mind around a declining currency or the hidden tax that is inflation. The U.S. Treasury and Federal Reserve understands this and for decades has exploited this issue to slowly siphon off the buying power of the U.S. dollar. Openly they tell the public that they are for a strong dollar policy but every action they take is guided to slowly debasing the currency. Take for example the current stock market rally. The Dow Jones Industrial Average is up 56 percent from the March lows. A stunning rally only seen one other time in history and we would need to go back to the 1930s for that. Yet at the same time, we have seen a collapse in the U.S. dollar. That is why oil, even though demand is relatively the same, is now back near $80 a barrel. 

Russia drops $22.5bn BoNY Mellon lawsuit  – Financial Times, UK 10/22/09

Russia has dropped its $22.5bn lawsuit against Bank of New York Mellon after agreeing an out-of-court settlement

Citi starts closing Mastercards without warning – MSNBC 10/21/09

Possible Credit Dislocation: Be Warned  – Market Ticker 10/23/09

I am hearing repeated anecdotes from multiple areas that foreclosed property held by banks with multiple full-price offers that include a financing requirement are being sold instead to people with actual cash at radical reductions from that price. This implies that these financing contingencies are regarded as not only potentially no good but factually no good, as if the banks know for a fact that the credit pipeline will (not might), within weeks or months (in the time required to close), disappear. There is no other rational explanation for this behavior. 

Even the Fed Doesn’t Want to Hold U.S. Dollars  – Prison Planet 10/23/09

The above chart shows the dollar’s performance since the Fed announced its Quantitative Easing program in March. This chart tells us two things:

Americans just got 15% poorer on the world stage thanks to Ben Bernanke

A currency crisis is in the works (and perhaps already starting) 

Getting Started In War Tax Resistance – War Tax Boycott 10/22/09

Thank you for your interest in war tax resistance. If you decide to register and resist, you will join a long line of courageous resisters, from Henry David Thoreau’s time to the present. Many of us are angry and frustrated by the U.S. government’s military actions around the world, and it often seems as if there is not much we can do about it. War tax resistance is a powerful way to resist the state and oppose its harmful actions. By conscientiously resisting taxes, you take a solid step towards refusing to be a part of the destruction. Our military can only harm people when citizens allow it. If enough of us withhold from war and pay for peace, we can stop the harm.

National War Tax Resistance Coordinating Committee  – NWTRCC.org

The National War Tax Resistance Coordinating Committee (NWTRCC) is a coalition of groups from across the U.S., formed in 1982 to provide information and support to people involved in or considering some form of war tax resistance (WTR). Affiliate organizations and individual supporters are joined together in a common struggle for a more just and peaceful society. We oppose militarism and war and refuse to complicitly participate in the tax system which supports such violence. NWTRCC sees poverty, racism, sexism, homophobia, economic exploitation, environmental destruction and militarization of law enforcement as integrally linked with the militarism which we abhor.



Top International News Round-Up

IMF chief hails ‘new era of collaborative global governance’ – Raw Story 10/4/09

Dead or Alive? Osama bin Laden: A Marketing Tool for US-NATO Military Operations – Global Research 9/11/09

Thinking the Unthinkable: NATO’s Global Military Roadmap – Global Research 10/3/09

An Imperial Strategy for a New World Order: The Origins of World War III – Global Research 10/15/09

Britain: Supranational Banking Organization May Be Needed – Reuters / Cryptogon 10/16/09

Dangerous Crossroads: U.S. Expands Asian NATO Against China, Russia – Global Research 10/17/09

Far from being an isolated case, the joint U.S-Indian operation is emblematic of unprecedented military cooperation between the two nuclear nations over the past few years, in fact a strategic military partnership whose major purposes are to supplant Russia as India’s decades-long main defense ally and arms supplier and to consolidate a U.S.-led military bloc in the Asia Pacific region aimed at containing China and furthering the encirclement of both that nation and Russia.

US to make Blackwater-style entry into Somalia – Global Research 10/17/09

Scientists Warn: South Africa to Run Out of Surface Water – Treehugger 9/30/09

AFRICOM: The Pentagon’s First Direct Military Intervention In Africa – Global Research 8/25/09

Money and Mandarin lessons fuel China’s African invasion – Independent, UK 10/15/09

US documents point to secret Japan nuclear pact – Agence France Presse / There Are No Sunglasses 10/14/09

China Detects Sarin Gas Along Border with North Korea – Cryptogon 10/10/09

Warning Ireland could become police state – There Are No Sunglasses 9/24/09

Former Director BBC Denounces Conspiracy Against Democracy – There Are No Sunglasses 9/23/09

Human guinea pigs! Israel Forces People to Drink Uranium?– Political Theatrics 9/25/09

Israel’s Nuclear Chronology – Nuclear Threat Initiative

VIDEO: Israel’s Nuclear Weapons Factory – Global Research 9/28/09

Goldstone Report Endorsed by UN Human Rights Council – Faster Times 10/16/09

The Faster Times has just learned that the United Nation’s Human Rights Council in Geneva has just voted to endorse the recommendations of the Goldstone Report in a special session held in Geneva. The Goldstone Report was the product of a UN investigation into Israel’s three week military operation codenamed “Cast Lead” that killed upwards of 1400 Palestinians in Gaza, between December 27, 2008 and January 18, 2009. The report calls for the UN Security Council to refer the matter to the International Criminal Court if the Israelis or Palestinians fail to investigate the alleged abuses themselves.

The vote in the Council was 25 states for, 6 against with 11 abstentions. The recommendations of the Goldstone report will now make its way to the General Assembly where it will be discussed and voted on. If it passes, the report will continue on to the UN Security Council, where it would again have to be voted on to go any further. Israel had lobbied hard to prevent the report’s passage, as the bulk of its findings implicate Israel for conducting alleged war crimes.

A copy of the Human Rights Council resolution can be read here

A copy of the Goldstone Report can be read here

The U.S. Invades and Occupies Pakistan – There Are No Sunglasses 8/30/09

Blackwater suspected of being in Pakistan – Wayne Madsen via Prison Planet 9/8/09

The Decapitation of Pakistan by Its Own Military! – Dissident Voice 10/5/09

Growing questions on death of Benazir Bhutto – There Are No Sunglasses 9/29/09

Head of U.N. Afghan Mission Acknowledges Election Fraud – NYTimes 10/11/09

The Deceit of Depleted Uranium use in Afghanistan – Uruknet 10/14/09

AfPak: War on Two Fronts – Global Research 10/14/09

I was ordered to cover up President Karzai election fraud, sacked UN envoy says – Times, UK 10/5/09

Is Bagram Obama’s New Secret Prison? – Prison Planet 9/17/09

Afghanistan: Where Empires Go to Die – Global Research 9/19/09

Afghanistan for Dummies – Information Clearinghouse 9/3/09

Obama Secretly Authorizes 13,000 More Troops to Afghanistan – Prison Planet 10/13/09

Obama announced in March that he would be sending 21,000 additional troops to Afghanistan. But in an unannounced move, the White House has also authorized — and the Pentagon is deploying — at least 13,000 troops beyond that number

Obama Rules Out ‘Biden Option’ on Afghanistan – Yahoo 10/8/09

In a meeting designed to reassure the most hawkish elements of Congress that the war in Afghanistan isn’t going to undergo any sort of radical change, President Obama has reportedly assured that the so-called “Biden Option” is officially off the table.  A long time advocate of war in Afghanistan, and indeed most everywhere else, Vice President Joe Biden has reportedly come to the conclusion that the disastrous war in Afghanistan is no longer worth the effort and has been advocating more scaled back goals and a refocusing of attacks along the Pakistani border

Colombian paramilitaries killed 25,000 people: report – Global Research 10/3/09

Imperial Globalization and Social Movements in Latin America – Global Research 10/17/09

Mercenaries and paramilitaries arrive in Honduras – There Are No Sunglasses 10/13/09

Chemicals, Sonic devices being used in Honduras – Narco News 9/29/09

In El Salvador, An Invasion of American Agriculture – There Are No Sunglasses 9/23/09

Hitman: $25 million bounty on Hugo Chavez – Political Theatrics 9/27/09

Pre and Post-Coup Honduras – Global Research 9/8/09

Worth Watching: Argentina’s Disappeared – The Progressive 9/22/09



INT’L NEWS ROUND-UP: LATIN AMERICA

US Special Forces briefing to Congressman Miller exposes involvement in 19 Latin American countries during 2009 including Honduras, 17 May 2009 – Wikileaks 5/17/09

Latin America: Social Movements in Times of Economic Crises – Global Research 8/12/09

U.S. Privatizes Colombian War with its Transnational Mercenaries – There Are No Sunglasses 8/13/09

What Kind of “Hope” Is Obama Offering to Latin American Countries Still Traumatized by U.S. Empire? – Alternet 7/10/09

CIA Organization Linked to Plot Against Evo Morales – Political Affairs Magazine 5/18/09

The Bolivian district attorney’s office has identified Hugo Achá Melgar who, according to the AFP news agency, is Bolivia’s representative to the U.S. Human Rights Foundation (HRF), as providing the bulk of the funds for the terrorist gang foiled in Santa Cruz while plotting to assassinate President Evo Morales.  The HRF is a New York-based nongovernmental organization known for its activities of interference and CIA links.

Nikolas Kozloff : Chiquita in Latin America: From Arbenz to Zelaya – CounterPunch 7/17/09

More Human Rights Allegations Against Mexican Army – Mother Jones 7/8/09

[analysis] Venezuela: A “Critical Evaluation” of the Bolivarian Process III – Summary – VenezuelAnalysis 7/9/09

Washington behind the Honduras coup: Here is the evidence – Global Research 7/15/09

Mel Zelaya Admits His Election Was Rigged – Proceso Digital 10/3/08

(An older piece in Spanish, but something that has been overlooked by those who have turned Mel Zelaya into a martyr.) “…President Zelaya of Honduras admitted his election was rigged, and that up to 10% of the votes that counted for him in his election were bought. Zelaya won by a narrow 4% margin. He begun the conversation by stating that every single Honduran election in the past 30 years was fraudulent. He claimed insider knowledge of this by observing his own party.

Honduras Coup: the US Connection – Global Research 7/26/09

Surreal Honduras: Putting the Narrative Together in the Local Press – Dissident Voice 7/24/09

Honduras: Photo-essays of ongoing crisis by James Rodriguez – Boing Boing 7/6/09

Compromising Democracy in Honduras – Global Research 7/9/09

Message from President Zelaya to the Honduran people, (from Sunday July 5) – Axis of Logic 7/11/09

High Stakes in Honduras  – CounterPunch 7/9/09

Honduran leader headed home – Raw Story 7/16/09

Zelaya plans to raise alternate government, preps for ‘final battle.’

Honduran Coup Pits Power vs. People – Consortium News 7/7/09

Honduran coup resistance ‘growing’ – Raw Story 7/7/09

HRW: Honduran soldiers fired on unarmed crowd – Raw Story 7/8/09

Nikolas Kozloff : Honduran Destablization, Inc.: Otto Reich and the International Republican Institute – CounterPunch 7/9/09