Deanna Spingola ConspiracyArchive.com David Rockefeller said, “All we need is the right major crisis and the nations will accept the New World Order.” Rahm Emanuel said, “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do... »
Archive for May 11th, 2010
E.U. Greece Bailout Fails to Defuse the Ticking Global Debt Bomb
Jon D. Markman Market Oracle May 11, 2010 The ticking global debt bomb is in the in the spotlight again. Or, at least, it should be. Greece’s woes draw attention to the looming financing problems of other countries with a lot of debt. The strain of funding these requirements – the global debt bomb... »
European Financial Crisis Moving To a New Level, Nationalism and Shared Fate
By George Friedman Market Oracle May 11, 2010 The European financial crisis is moving to a new level. The Germans have finally consented to lead a bailout effort for Greece. The effort has angered the German public, which has acceded with sullen reluctance. It does not accept the idea that it is Germans’ responsibility... »
Using the Same Economic Recipe means getting the Same Tragic Results
by Paul Mladjenovic FinancialSense.com May 11, 2010 As we all watch from a distance, Greece is crumbling under the weight of its own spending and statist profligacy. It is important to highlight why Greece is where it is and what it means for the United States: Greece is in chaos and collapse because in... »
Kagan: ‘Disappear’ Free Speech If The Government Deems It Offensive
Obama’s Supreme Court nominee agrees with Cass Sunstein – wants the state to regulate the First Amendment Paul Joseph Watson Prison Planet.com Tuesday, May 11, 2010 President Obama’s Supreme Court nominee Elena Kagan is perfect in every way – perfect that is if you think the role of the highest judicial body in the... »
UK Economy May Be Allowed To Crash And Burn Like US Banking Giant
Analysts, Economists: Britain May Become Lehman To Greece’s Bear Stearns Steve Watson Prisonplanet.com Tuesday, May 11th, 2010 Leading financial analysts and economists have warned that Britain may crash and burn following the European bailout of Greece, comparing the situation to that of Lehman Brothers following the rescue of Bear Stearns in 2008. “The big... »
Unions warn of Greek-style riots in Britain against public sector cuts after court victory over capping of redundancies
By Becky Barrow DailyMailUK Militant unions today sent a chilling warning of Greek-style strikes and protests after winning a major legal victory for civil servants made redundant. The warning raises fears of months of chaos triggered by a furious public sector who refuse to accept painful changes to tackle Britain’s financial crisis. With one... »
The Greek spirit of resistance turns its guns on the IMF
Years of national denial about looming bankruptcy have turned to resentment as Greece is told how it must tackle its debt crisis. Helena Smith GuardianUK Deep inside the august halls of Athens University, the renowned political commentator Paschos Mandravelis will deliver a message this week that until very recently was lost on most Greeks.... »
World Health Organization Moving Ahead on Billions in Internet and Other Taxes
By George Russell FOXNews.com The World Health Organization is moving full speed ahead with a controversial plan to impose billions of dollars in global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray. The... »
Euro Erases Gains as Bailout Optimism Ebbs; Chinese Stocks Fall
By Justin Carrigan Bloomberg.com May 11 (Bloomberg) — The euro lost all of yesterday’s gains on concern the $1 trillion bailout will hurt European economic growth. Stocks fell, paring the MSCI World Index’s biggest advance in a year. Chinese shares entered a bear market. The euro weakened 0.8 percent against the dollar at 7:09... »