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Archive for the Month of September, 2005.
Viewing Economics NEWS articles 1 through 21 of 21.

September 2, 2005

YOU BET YOUR LIFE - by Michael Ruppert- When we talk about collapse as a result of Peak Oil, New Orleans is an exemplary Ė if horrifying Ė glimpse of what it will look like for all of us. In the case of New Orleans, however, itís happening about two or three times as fast as we will see it when Peak Oil becomes an unavoidable, ugly, global reality.

September 5, 2005

Things That Bosses Say - Just Another Day in the Life of a US Worker - 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...

September 6, 2005

An Embarrassment of Riches - 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.

September 7, 2005

American Labor's Rebirth - 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.

Dear Boss Man: Stick'em Up! - I have you in my crosshairs. Iím your bodyguard, your cook, your barber. Iím the guy who cleans your pool, the woman who washes your clothes and takes care of your kids, the doorman who letís you in your high rise tower while keeping out your undesirables. Iím the guy from across town that mows your lawn, the masses that allow you to feel superior, gifted and worthy. Iím the guy who fixes your car and drives you around, who calls you sir and treats you with respect. In short, Iím 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 youíre doing to the planet. In other words, Iíve got you more than you got me. I go places and do things youíre afraid of. Your money has made you a counterfeit man. Youíre nothing without me, but without you, Iím free.

Government Intervention in Stock Market is Detailed by New Report, GATA Says - 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.

September 8, 2005

Life "worse for world's poorest" - Many of the world's poorest countries are doing worse in 2005 than they were 15 years ago, a major UN report says.

UN hits back at US in report saying parts of America are as poor as Third World - Parts of the United States are as poor as the Third World, according to a shocking United Nations report on global inequality.

September 10, 2005

Neoliberalism, the New Social Darwinism, and New Orleans - 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.

September 13, 2005

The Ten Worst Jobs in America - 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.

September 14, 2005

World Faces Prospect of Teeming Mega-Slums - 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

September 15, 2005

New Orleans: Dress Rehearsal for American Lockdown - "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) donít buy gas, take trips, fly on airplanes or buy consumer goods (made with energy and requiring energy to operate). They donít use air conditioning because they canít afford it. They are the embodiment of Henry Kissingerís infamous term "useless eaters," a phrase from the Nazi vocabulary.

September 18, 2005

Eight Years is Enough -- It's Time for a Raise - 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.

September 19, 2005

Psychopaths could be best financial traders? - "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."

September 22, 2005

If it's freedom and success "they" hate, why aren't "they'"attacking Norway? - 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.

September 23, 2005

RITA: Storm May Be the Coup de Grace for the American Economy and Many of Us As Well - by Michael C. Ruppert - While I had serious doubts about Americaís ability to recover from Katrina, I am certain that Ė barring divine intervention Ė the United States is finished; not only as a superpower, but possibly even as a single, unified nation with the arrival of Hurricane Rita.

US wealthiest 'worth $1 trillion' - 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.

September 25, 2005

A Gusher Called Katrina - They Fix Oil Prices, Don't They?

September 28, 2005

Breton: Greenspan worried about deficit - "'We have lost control,' that was his expression," Breton told reporters after a bilateral meeting with Greenspan.

Oil could spark WWIII - Dr Doom - 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.

September 30, 2005

"We could be looking at $10-a-gallon gas this winter." - "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."


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