World-News

Foundation for Economic Education
by William Anderson

07/22/09

Last week, I wrote about the crudeness of so-called Keynesian economic theory in which one assumes that all assets and capital ‘investment’ are ‘homogeneous’ in character, which means that their only contribution to the economy is from the money that is spent in their creation and continued operation. This view contrasts with the Austrian paradigm, which emphasizes the structure of production within an economy and the unsustainability of capital that is malinvested during a boom. Unfortunately, too many people in high places are prone to believe what on its face is unbelievable: running huge federal deficits somehow is a good thing for the economy...

https://tinyurl.com/nw9gmj


Informant: Thomas L. Knapp



https://freepage.twoday.net/search?q=government+deficit
https://freepage.twoday.net/search?q=Keynes
https://freepage.twoday.net/search?q=William+Anderson

CounterPunch
by Bernard Chazelle

07/22/09

Anti-torture voices have been left sounding defensive, insecure, incoherent. Yet, while boasting the world’s highest incarceration numbers and supermax prisons characterized by a warden as a ‘clean version of hell,’ the US has also begun to question its tolerance of torture. The debate is on, and torture is winning. I intend here to lay the foundation for a strong, cogent anti-torture position. It rests upon three principles: Torture is always wrong; Torture must be banned by law unconditionally; Not all torture decisions should be morally codified...

https://counterpunch.com/chazelle07222009.html


Informant: Thomas L. Knapp



https://freepage.twoday.net/search?q=torture
https://freepage.twoday.net/search?q=Bernard+Chazelle

Doch der US-Notenbankchef will weiter Geld drucken und an der Nullzinspolitik festhalten.

https://www.heise.de/tp/blogs/8/142405



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

Britain's public sector debt has reached $1.3 trillion - the highest amount since records began 35 years ago.

https://english.aljazeera.net/business/2009/07/200972118471893195.html



China urges responsible U.S. policy, stable dollar

China will again press the United States at high-level talks next week to protect Beijing's extensive U.S. investments by pursuing sound policies and keeping the dollar stable, a senior official said on Wednesday.

https://www.reuters.com/article/usDollarRpt/idUSPEK6242920090722



States Where the Unemployed Are Giving Up

In some U.S. states, nearly half of the job seekers who have stopped looking for work have done so because they simply don't believe they'll find anything. Indeed, the number of discouraged workers nationwide has more than doubled in the past year.

https://snipurl.com/nr4iv


From Information Clearing House



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

Interview with Paul Zarembka

How much insider trading occurred in the days leading up to 9/11? How compromised is the evidence against alleged hijackers because of serious authentication problems with a key Dulles Airport videotape? To what extent does the testimony of more than five hundred firefighters differ from official reports of what happened at the World Trade Center buildings that day? How inseparably connected are Western covert operations to al-Qaeda?

https://informationclearinghouse.info/article23122.htm



https://freepage.twoday.net/search?q=9/11
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The NSA Is still Listening to You

By James Bamford

This summer, on a remote stretch of desert in central Utah, the National Security Agency will begin work on a massive, 1 million-square-foot data warehouse. Costing more than $1.5 billion, the highly secret facility is designed to house upward of trillions of intercepted phone calls, e-mail messages, Internet searches and other communications intercepted by the agency as part of its expansive eavesdropping operations.

https://informationclearinghouse.info/article23125.htm



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Zelaya, Negroponte and the Controversy at Soto Cano

By Nikolas Kozloff

The mainstream media has once again dropped the ball on a key aspect of the ongoing story in Honduras: the U.S. airbase at Soto Cano, also known as Palmerola. Prior to the recent military coup d'etat President Manuel Zelaya declared that he would turn the base into a civilian airport, a move opposed by the former U.S. ambassador. What's more Zelaya intended to carry out his project with Venezuelan financing.

https://informationclearinghouse.info/article23123.htm



Following the money trail in the Honduran coup

By Bill Conroy

Today's junta-enablers no longer have to work in secret. In fact, illegal usurpers can now shop openly in Washington for a hired gun of their choosing to grease the wheels of Congress and commerce to assure their coup d'état remains a fait accompli.

https://informationclearinghouse.info/article23119.htm



https://freepage.twoday.net/search?q=Honduras
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https://www.lewrockwell.com/greenhut/greenhut60.1.html



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Bernanke the Evader
https://www.lewrockwell.com/north/north737.html

Government and Wall Street Elites Are Ripping Us Off
https://www.lewrockwell.com/rogers-j/rogers-j26.1.html

The Myth of Fed Independence
https://www.lewrockwell.com/paul/paul561.html

No Longer Alone, Ron Paul Fights the Fed
https://www.lewrockwell.com/paul/paul559.html

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Wall Street's Love Affair with Ben Bernanke

By Mike Whitney

The only Bernanke policy that's worked so far has been flooding the market with money, which has has sent equities into orbit while the real economy continues to twist in the wind.

https://informationclearinghouse.info/article23124.htm



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