ABC15.com PHOENIX – On Saturday, nearly 2,000 people gathered from around the country at the Arizona State Capitol in support of Arizona’s new immigration law. “It’s a grassroots effort that really took off,” Daniel Smeriglio, one of the people behind the march said Friday. Since Senate Bill 1070 passed in late April, protests and... »
Archive for June 5th, 2010
Bilderberg 2010: Between the sword and the wall
The Catalan police are refreshingly friendly. But if the time for action comes, whose side will they be on? by Charlie Skelton GuarianUK 5 June 2010 The enormous bald detective in beach shorts took the camera from my wife. “Let me see.” He scrolled through the photographs, just taken, of me being detained at... »
City watchdog fears euro disaster
Financial Services Authority probes banks’ exposure to the eurozone as sovereign default concerns grow Iain Dey TimesOnlineUK June 6, 2010 THE City watchdog is stress-testing Britain’s biggest banks over fears they could be hit by the growing financial problems of the eurozone. A “risk map” of Europe has been drawn up by senior officials... »
Cameron: ‘Years of pain ahead’
Jonathan Oliver TimesOnlineUK June 6, 2010 DAVID CAMERON has warned that the economy is in a far worse state than previously thought and signalled that Britain faces years of “pain” as the spending axe falls. The prime minister indicated a sharp downgrade in official growth forecasts and revealed that welfare and public sector pay... »
Euro ‘will be dead in five years’
The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph By Edmund Conway TelegraphUK 05 Jun 2010 The single currency is in its death throes and may not survive in its current membership for... »
“Wake up, people! Your politicians have no intention of heading this off.”
Worse than a Depression By Monty Pelerin AmericanThinker.com As the economic crisis approaches the two-year point, it is apparent that “this time is different.” Few analysts believe that we are going to recover from this Great Recession in a fashion that resembles prior recoveries. Most argue about how long it might run (Japan’s recovery... »
“…What’s going on is really simple. We’re having a run on the Shadow Banking System”
Europe is Heading for a Mini-Depression By MIKE WHITNEY CounterPunch.org Despite a nearly-$1 trillion rescue operation, financial conditions in the eurozone continue to deteriorate. All the gauges of market stress are edging upwards and credit default swaps (CDS) spreads have widened to levels not seen since the weekend of the emergency euro-summit. Libor (the... »
Obama’s Teleprompter of Propaganda:”our economy is getting stronger by the day.”
President Obama read from his teleprompter more Orwellian Double-speak, stating “our recovery is still in its early stages, and there’s going to be ups and downs in the months ahead…… this report is a sign that our economy is getting stronger by the day.” Mark Matheny SIC SEMPER TYRANNIS Saturday, June 5, 2010 As... »
Oily Politics Grease the Wheels of Control
Cassandra Anderson Infowars.com June 5, 2010 The Obama Administration, in keeping with Rahm Emmanuel’s philosophy of “never letting a serious crisis go to waste” is using the BP oil calamity to its advantage. In order to understand the scope of the problem, we must begin by looking at a brief history of BP and... »
BP increases amount of oil being collected from leak
Reuters.uk Sat Jun 5, 2010 BP Plc has increased the amount of oil it is collecting through a containment cap fitted over its ruptured Gulf of Mexico oil well, and is working to improve on that rate, the U.S. national oil spill response commander said on Saturday. U.S. Coast Guard Admiral Thad Allen told... »