World-News: USA

USA

Boston Globe
by Robert Kuttner

08/11/09

Ever since the financial crisis began in 2007, there has been a tension between recovery and reform. It seems to make sense to get the economy back on track now and worry about reforms later. But a time of financial crisis, when Wall Street needs big-time government help, is the rare moment when government has the leverage to demand fundamental change. Otherwise, the moment is lost and the cycle of risky practices and taxpayer bailouts continues. Despite the infusion of massive taxpayer funds, however, it’s back to business as usual on Wall Street…. Here’s one new abuse that should be stopped before it spreads: Big private equity companies, which are largely unregulated, are hungry to take over failed banks...

https://tinyurl.com/lo4au4

Informant: Thomas L. Knapp

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rudkla - 11. Aug, 10:11

U.S. banks to make $38 billion from overdraft fees

A large portion of the revenue is likely to come from the most financially stretched consumers, according to the paper.

https://www.reuters.com/article/newsOne/idUSTRE5790YM20090810

State unemployment rates continue to climb

The most recent numbers from the Bureau of Labor Statistics continue to paint a bleak picture for unemployment rates. According to the most recent unemployment rate press release, unemployment rates rose in 38 states.

https://snipurl.com/pltcu

Guess What? Unemployment's Really at 16.3 Percent

How is it possible for the unemployment rate to essentially remain unchanged when 247,000 jobs have been lost? Because the number of people who gave up and stopped looking for work rose dramatically.

https://www.foxnews.com/opinion/2009/08/07/john-lott-unemployment/

Battered women forced to search for new housing

As California officials wrestle with a $26.3 billion state budget deficit, their continued cuts to social service programs have forced the closure of 96 battered women's shelters across the state.

https://www.theunion.com/article/20090810/NEWS/908099986/1001/NONE&parentprofile=1053

From Information Clearing House

https://freepage.twoday.net/search?q=unemploy
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rudkla - 11. Aug, 09:26

Rumsfeld makes $5m killing on bird flu drug

The US Defence Secretary has made more than $5m (£2.9m) in capital gains from selling shares in the biotechnology firm that discovered and developed Tamiflu, the drug being bought in massive amounts by Governments to treat a possible human pandemic of the disease.

https://snipurl.com/plta0

A Rancid Deal with Big Pharma

The drug industry agrees to deliver $80 billion in future savings and the president promises the government will not use its awesome purchasing power to negotiate lower drug prices.

https://www.thenation.com/doc/20090817/greider

From Information Clearing House

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rudkla - 11. Aug, 09:15

This is No Recession, It's a Planned Demolition

By Mike Whitney

Those days are over. The world is changing and the US role is getting smaller. As US markets become less attractive to foreign exporters, the dollar will lose its position as the world's reserve currency. As goes the dollar, so goes the empire. Want some advice: Learn Mandarin.

https://informationclearinghouse.info/article23231.htm

How Corrupt is the Economic System of the U.S.A. Today?

By Bob Kendall

The 30 nation survey of the Organization for Economic Cooperation and Development in 2008 placed the poverty rate of the U.S.A. only above Mexico and Turkey.

https://informationclearinghouse.info/article23230.htm

A Cure for an Ailing Economy: Taxing the Rich

By Shamus Cooke

When a country is in as much debt as the U.S., - $12 trillion and counting - the tasks at hand seem all but unachievable. And this is exactly what many politicians would like you to believe.

https://informationclearinghouse.info/article23232.htm

https://freepage.twoday.net/search?q=recession
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rudkla - 11. Aug, 08:58

Facts vs. Beliefs: Today's Ancient Warfare

By Geff Gates

Wars are won by those skilled at creating consensus opinions. Where is modern-day warfare waged? Not on the ground; nor in the air or on the seas. The shared mindset is this combatant's theater of operations. Their battlefield is the shared field of consciousness. Deceit is not new to warfare. What's new is the technology that enables psyops on a global scale.

https://informationclearinghouse.info/article23233.htm

https://freepage.twoday.net/search?q=psyops
https://freepage.twoday.net/search?q=Geff+Gates

rudkla - 11. Aug, 08:47

The Champion of Health Freedom

https://www.lewrockwell.com/paul/paul567.html

https://freepage.twoday.net/search?q=healthcare
https://freepage.twoday.net/search?q=Ron+Paul
https://freepage.twoday.net/search?q=com/paul
https://freepage.twoday.net/search?q=Ethan+Huff

rudkla - 11. Aug, 08:23

Über Bedrohungen der nationalen Sicherheit zur Klimapolitik

In den USA versuchen Politiker, mit sicherheitspolitischen Argumenten klimapolitische Veränderungen durchzusetzen oder künftige Militärinterventionen zu legitimieren?

https://www.heise.de/tp/r4/artikel/30/30892/1.html

https://freepage.twoday.net/search?q=Klimapolitik

rudkla - 11. Aug, 06:22