Economics of the Madhouse

Adnan Al-Daini

Politicians and opinion-formers, please stop listening to the “moneymen”. Go back to first principles and start using some common sense.

I do not know about you but I am finding myself baffled, irritated and confused by the World Bank, the European Central Bank (ECB), the IMF and a few other acronyms that seem to dominate the news.  I did not vote for any of these organisations, so why do they have such an influence on my life, the lives of the rest of the British public and the lives of tens of millions across the globe. They seem to be running the world. The news is dominated by the “market”. On our television screens we see people staring at screens and pressing buttons. With a few strokes on a keyboard these people hold the lives of millions at their mercy.  How did it come to this?  What sort of a system have we created that gives so much power to these people?  How is it that these people, who are entrusted with the money made by working people, end up gobbling up the money for which people have laboured so hard?  How were they ever allowed to have such a stranglehold on the lives of millions?


Imploding Bubble Economies

Stephen Lendman

Economic meltdown comes in stages. Recognition takes longer. Tout TV pundits stay in denial longest, calling crisis conditions a normal correction.

Reality suggests otherwise with US unemployment approaching 23%, home foreclosures multiplying, and poverty levels double or more official distorted numbers that artificially hold them down.

Longtime market expert and regular Progressive Radio News Hour guest Bob Chapman says Eurozone countries are collapsing.

They're "in a state of contagion with six of its sovereign members in serious financial trouble....The creators of the EU, euro zone, and ECB have a failing monstrosity on their hands," an out-of-control debt bomb.

"There is absolutely no way a financial crisis can be avoided," and it's already been unfolding since 2008. No combination of countries can bail out others in crisis "without destroying themselves. Can 21 nations find $4 to $6 trillion to bail out six?"

Impossible! "Fragile" isn't the word for it. Neither is contagion. The operative word is "abject failure," heading for collapse.


Israeli West Bank Annexation Bill

Stephen Lendman

A previous article explained, accessed through this link.

Palestinians petitioned the UN for sovereign recognition and full UN membership. Four extremist MKs responded, calling for West Bank settlements annexed. MK Deputy Speaker Danny Danon wants more.

On September 27, the JTA Global News Service of the Jewish People headlined, "Knesset to vote on annexing the West Bank," saying:

On September 27, Danon said the Knesset will "take up the bill, which he authored, at the end of October."

It includes rescinding Israeli/PA financial obligations established by prior agreements. According to Danon:

"If the Palestinian Authority wishes to proceed on this reckless path and bring further instability to the region, Israel cannot continue to pour funds into this sinking ship of failed leadership."

"The funding agreements with the PA were reached with the hope that their leaders would work to create an environment of lasting peace and security with Israel. Given that it is clear that the Palestinians have no such desire, Israel must no longer be required to stand by these arrangements."

Palestinians, of course, want and deserve what Israel denied them for 63 years after stealing their homeland violently. Using long ago discredited arguments, Danon and others like him think Israel has a divine right to their land. Growing millions globally disagree, including Israeli Jews and others everywhere able to distinguished between right and wrong.


The Dangerous Cult of the Guardian

Jonathan Cook

A Thought Police for the Internet Age

There could be no better proof of the revolution – care of the internet – occurring in the accessibility of information and informed commentary than the reaction of our mainstream, corporate media.

For the first time, Western publics – or at least those who can afford a computer – have a way to bypass the gatekeepers of our democracies. Data our leaders once kept tightly under wraps can now be easily searched for, as can the analyses of those not paid to turn a blind eye to the constant and compelling evidence of Western hypocrisy. Wikileaks, in particular, has rapidly eroded the traditional hierarchical systems of information dissemination.

The media – at least the supposedly leftwing component of it – should be cheering on this revolution, if not directly enabling it. And yet, mostly they are trying to co-opt, tame or subvert it. Indeed, progressive broadcasters and writers increasingly use their platforms in the mainstream to discredit and ridicule the harbingers of the new age.


Letter from Russell

Republic of Lakotah

Russell Means says he has chosen to not undergo chemotherapy or radiation to fight his battle against cancer. Instead, Means will rely on traditional indigenous forms of medicine and healing. "People think that death is horrible," he said. "Death is a change of world."

Hello everyone:

I want to thank you for your heartfelt love and for your extreme concern about my health. I never expected within my lifetime, I would experience such a world wide outpour of pure love. Believe me it goes a long way toward defeating this cancer.

Robby Romero and co- producer camera man, Dave Schweitzer are doing a documentary retrospective of my life and this fight to defeat this cancer. Thanks to this documentary and their interviewing of my doctors, did I realize out how super serious my condition WAS. The doctor who is in charge of my tomo therapy is the only doctor in the united states of america that can directly program and apply this machine that can pin point and kill the cancer cells without damaging my good cells and other sensitive tissue in my body like the conventional radiation used by all other Oncologists in the united states.

I found out that I was literally days away from the tumor in my throat closing my windpipe and forcing me to have a tracheotomy which would have begun my spiral down to death. The worst part would have been my deteriorating quality of life until I expired.