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| Taking a Closer Look at the Stories Ignored by the Corporate Media |
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Archive for the Month of September, 2005.
Viewing Economics NEWS articles 1 through 21 of 21.
- by Michael Ruppert- When we talk about collapse as a result of Peak Oil, New Orleans is an exemplary – if horrifying – glimpse of what it will look like for all of us. In the case of New Orleans, however, it’s happening about two or three times as fast as we will see it when Peak Oil becomes an unavoidable, ugly, global reality.
- 1. Look, it doesn't matter if the fumes are making you sick. OSHA says everything is OK...2. I already told you that you can't have the morning off. Your Father's funeral can wait till the weekend...
- The estate tax affects only the richest 2 percent of Americans. But Congress wants to repeal it to make sure its "base" doesn't pay another penny.
- In Los Angeles, as well as other cities across the country, a powerful new labor movement is emerging -- one that has already claimed a number of victories for working families. - I have you in my crosshairs. I’m your bodyguard, your cook, your barber. I’m the guy who cleans your pool, the woman who washes your clothes and takes care of your kids, the doorman who let’s you in your high rise tower while keeping out your undesirables. I’m the guy from across town that mows your lawn, the masses that allow you to feel superior, gifted and worthy. I’m the guy who fixes your car and drives you around, who calls you sir and treats you with respect. In short, I’m the one who knows where you sleep, what you eat, when you go to work and come home, whom it is you love and hang out with, and what you’re doing to the planet. In other words, I’ve got you more than you got me. I go places and do things you’re afraid of. Your money has made you a counterfeit man. You’re nothing without me, but without you, I’m free.
- A major Canadian financial management firm that a year ago published a compilation of evidence of central bank manipulation of the gold price has just done the same in regard to the U.S. stock market and has reached a similar conclusion.
- Many of the world's poorest countries are doing worse in 2005 than they were 15 years ago, a major UN report says. - Parts of the United States are as poor as the Third World, according to a shocking United Nations report on global inequality.
- The "laissez faire age" of classical liberalism created mammoth social crises. Void of any social protections, that earlier era of dog-eat-dog aggrandizement for wealth and privilege led to unprecedented upheaval, economic dislocation, and social violence. The situation became so bad that during the height of depression in the 1870s and 1890s, Federal troops had to be mobilized to crush strikes and "insurrection" in America's major cities.
- For a rich country, the United States has a lot of abysmal jobs, so any list of this kind will necessarily omit some true horrors. Still, there's no doubt these are 10 of the very worst.
- Almost half of the world's six billion people already live in cities. Of these, it is estimated that about a third live in slums
- "Demand destruction" has become a priority not only to mitigate Peak Oil but also to mitigate global warming. How do you destroy demand? You collapse the economy. Homeless, unemployed "refugees" (what a cold, depersonalizing term) don’t buy gas, take trips, fly on airplanes or buy consumer goods (made with energy and requiring energy to operate). They don’t use air conditioning because they can’t afford it. They are the embodiment of Henry Kissinger’s infamous term "useless eaters," a phrase from the Nazi vocabulary.
- Republicans and the right-wing spin machine, which hate any social policy that aids working families, have fought increasing the minimum wage as long as it has existed.
- "Wanted: psychopaths to make a killing in the markets." Such an advert will not be appearing in the world's newspapers any time soon, but it may have a ring of truth after research revealed the best wheeler-dealers could well be "functional psychopaths."
- Most Americans like to believe they live in the best country in the world. They don't. According to the United Nations Human Development Report for 2005, Norway is number one. Why? It's a welfare state.
- by Michael C. Ruppert - While I had serious doubts about America’s ability to recover from Katrina, I am certain that – barring divine intervention – the United States is finished; not only as a superpower, but possibly even as a single, unified nation with the arrival of Hurricane Rita.
- To make this year's list of the top 400 fortunes in the US a minimum net worth of $900m was required - up from $750m last year.
- They Fix Oil Prices, Don't They?
- "'We have lost control,' that was his expression," Breton told reporters after a bilateral meeting with Greenspan. - Hong Kong-based analyst Dr Marc Faber - better known as "Dr Doom" - says a tug of war over oil resources between the US and China could spark World War III.
- "Peak Oil is the single most important issue of the 21st century...The hurricanes, Katrina and Rita, may well be remembered as the start of our great energy war, just as Fort Sumpter was the beginning of our Civil War."
Pages for September, 2005
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