Obama's Economic Dream Team?
Stephen LendmanDream on if you believe it - unless you're a Wall Street banker.
Page Two
Straight Light
Robinson Crusoe’s Abuse Of The Federal Reserve
Edwin SumcadEven just to think of America as an island in the Caribbean without the Federal Reserve where Robinson Crusoe lived with mutineers, pirates and cannibals for almost three decades is an intellectual obscenity. edwin a. sumcad/12/03/08.
After Sharp Words on C.I.A., Obama Faces a Delicate Task
• NY TimesFor two years on the presidential campaign trail, Barack Obama rallied crowds with strongly worded critiques of the Bush administration’s most controversial counterterrorism programs, from hiding terrorism suspects in secret Central Intelligence Agen
Gunmen Used Technology as A Tactical Tool
• Washington PostThe heavily armed attackers who set out for Mumbai by sea last week navigated with Global Positioning System equipment. They carried BlackBerrys, CDs holding high-resolution satellite images like those used for Google Earth maps, and multiple cellpho
Governors squeal for their place at your trough
• Washington PostWith President-elect Barack Obama vowing to plow hundreds of billions of dollars into the nation's infrastructure, some state officials are warning that public works projects will fail to effectively lift the country out of recession unless they
Big Three bailout requests rise to $34B
• APHumbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a bailout as large as $34 billion Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline.
Gates: Military looks to accelerate Iraq pullout
• APDefense Secretary Robert Gates signaled a willingness to forge ahead with 2 key priorities for Obama: accelerating the U.S. withdrawal from Iraq and shutting down the Guantanamo Bay detention center.
Auditors fault Treasury lack of oversight of bailout funds
• APThe Treasury Department has no mechanism in place to track how institutions are using $150 billion in taxpayer money that the government injected into the banking system as of last month, the Government Accountability Office concluded.
We Are Change Member/Talkshow host Arrested For Upside Down Flag
• http://freedomfighterradio.net/November 5, 2008 (Columbia County, GA) - Freedom Fighter Radio Host and WeAreChange Georgia member, Jim Stach, was stopped and arrested on the evening of November 4, 2008 as he was driving by a polling place in Columbia County, GA. Stach had gone to
A design for a self-tuning portable RF jammer
• Wave BubbleNo spectrum analyzer is necessary to build this jammer and a single Wave Bubble can jam many different frequency bands - unlike any other design currently available! To reconfigure the RF bands, simply plug it into the USB port of your PC and type in
Antiwar Radio: Thomas Woods
Brent Burk
Obama Test
• obamatest.comBarack Obama has very high standards. As your President, he will demand that you do your best and that you don't embarrass him. This test will determine whether you're qualified to be one of those who he will be President of.
Demand for DragonLab from Private Spaceflight Company
Powell GammillSpaceX announces adding of 2 DragonLab missions to its manifest. The first 2 flights are scheduled for 2010 and 2011. DragonLab is a free-flying, reusable spacecraft capable of hosting pressurized and unpressurized payloads to and from space.
Bailout Monitor Sees Lack of a Coherent Plan
• NYtimes.comThe head of a new Congressional panel set up to monitor the gigantic federal bailout says the government still does not seem to have a coherent strategy for easing the financial crisis, despite the billions it has already spent in that effort.
World stability hangs by a thread as economies continue to unravel
• Telegraph.co.uk/news"The global financial crisis has not bottomed yet. The impact is spreading globally and deepening," said Zhang Pin, head of the national development commission. "Excessive bankruptcies and business closures will cause massive unemploym
Bipartisan Commission Warns of Anthrax, Spanish Flu Terrorist Attack Within 5 Years
• GinnA commission warned that terrorists will strike within the next 5 years using either nukes or bio weapons such as anthrax or the Spanish Flu. Yet, if an attack is made with recreated Spanish Flu, the responsibility will lie squarely at the feet of o
Canadian government in political siege
• UPI.comAmong his constitutional options if the coalition brings the government down on a non-confidence vote when it resumes next week is asking the governor general to dissolve Parliament and call another election. Harper could also suspend Parliament unti
The 10 big energy myths
• Guardian.co.ukFirst Solar, the largest manufacturer of thin panels, claims that its products will generate electricity in sunny countries as cheaply as large power stations by 2012.
Man Group says banks more leveraged than hedge funds
• Reuters.com/ZURICH (Reuters) - Hedge fund Man Group said on Tuesday that banks were more highly geared than hedge funds and that bank deleveraging has been the main driver of asset-price declines.
Major US banks worse than Japan's zombies?
• iTulip.comYou nailed it. That is why I say they are dead and all the cash infusions in the world from the Fed won’t bring them back to life. They are dead with the CDS and dead without them. The Fed may as well stop the intra-venous injections of reserves.
GM, Ford, Toyota Say U.S. Sales Tumble
• Bloomberg.comGM, the largest U.S. automaker, said sales dropped 41 percent, while No. 2 Ford was down by 31 percent. Toyota, Asia’s biggest automaker, posted a 34 percent decline and Honda Motor Co. slid 32 percent.
Search for Stimulus in a Zero Interest Rate Policy World
• Market OracleAs rates approach zero, SNB President Roth, like his counterparts at the U.S. Federal Reserve, may instead have to find new tools to restore the flow of credit through the economy and head off the risk of deflation.
Banned from inauguration: strollers, umbrellas . . . .
• AP"Unfortunately, this is not a festival," Florman said, noting the difficulty of screening hundreds of thousands of visitors. The committee also warned visitors to expect to stand for several hours in the cold, normally 37oF at noon, and par
Colo. man charged with criminal libel over Craigslist posts
• APA man accused of making unflattering online comments about his former lover and her attorney on Craigslist has been charged with 2 counts of criminal libel. The 1800s-era state law can put people in jail for the content of their speech or writing.
Strange Experiments Create Body-Swapping Experiences
• LiveScienceScientists have manipulated people’s perceptions as to think they have swapped bodies with another human or even a "humanoid body," experiencing the sensations that the other would feel and giving the illusion of being inside the other'
Ford asks for $9 BILLION Bailout
• APFord Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. [Hey, it worked for Paulson.]
Idiots of the Week: December 1, 2008
• Nancy MorganThis week’s Idiot of the Week winners. PLUS: Most Stupid Criminals and Most Idiotic Statements.
Dangerous World for Obama: Five Places Obama Will Be Tested
• MondoThe world can’t wait to test president-elect Obama. Five places that will challenge the new president in a hurry. Welcome to the world, Barack: it’s a dangerous place.
Gay Bible Set to Publish: Aida and Eve
• GinnDirector Max Mitchell has a new “bible” in the works: the Princess Diana Bible, a “gay” bible with the Gay Old and Gay New Testament. DBKP believes its a gimmick in order to sell his films.
European markets steady after Asian retreat
• APEuropean stocks were little changed Tuesday as hopes of a modest rebound on Wall Street following the previous day's savage retreat amid mounting fears about the U.S. economy helped offset the impact of the overnight slump in Asian markets.
Watch Streaming Broadcast Live:
