Archive for November 27th, 2010

TheEconomicCollapseBlog.com Over the coming weeks, Americans will be wishing each other “happy holidays” millions upon millions of times. But are these really happy times? Record numbers of Americans are going to be going hungry and cold this winter. Millions upon millions of our fellow citizens would gladly give up all holiday celebrations in exchange... »

by Tyler Durden ZeroHedge.com 11/27/2010 When back in April we wrote about the huge expansion in the IMF’s New Arrangement to Borrow (NAB) multilateral facility (which was expanded from $50 billion to over $550 billion), one of our observations was that “Funny money will galore. At this point nobody will allow anyone or anything... »

by George Washington ZeroHedge.com 11/27/2010 It is now common knowledge that there is a potential domino effect of European sovereign debt contagion in roughly the following order: Greece → Ireland → Portugal → Spain → Italy → UK While some people have been writing about this for well over a year, many others have... »

By Shaun Walker IndependentUK Saturday, 27 November 2010 A mass exodus of North Korean workers from the Far East of Russia is under way, according to reports coming out of the region. As the two Koreas edged towards the brink of war this week, it appears that the workers in Russia have been called... »

Robert Fisk IndependentUK Saturday, 27 November 2010 Since there are now three conflicts in the greater Middle East; Afghanistan, Iraq, Israel/”Palestine” and maybe another Lebanese war in the offing, it might be a good idea to take a look at the cost of war. Not the human cost – 80 lives a day in... »

by Bob Chapman Global Research November 27, 2010 There is no question that the world is at a boil. Germany is drawing anger; N. Korea has attacked S. Korea; flaying about the FED’s Mr. Bernanke blames China for America’s sad economic and financial dilemma; five suits, class action and RICO, have been filed against... »

by Tyler Durden ZeroHedge.com 11/27/2010 The latest Korean escalation continues to refuse to be relegated to the annals of history. Various demonstrations on Saturday in the two countries confirmed that people on both sides of the the DMZ are demanding far more than just rhetorical placation. And now that the USS George Washington has... »

by Tyler Durden ZeroHedge.com 11/27/2010 “What hurts me the most is why is the taxpayer paying for the IMF. Why are we bailing out the banks. These are the people who took the risk, let them take the hurt, let them feel the hurt.” That is the common refrain of the tens of thousands... »

By BEN SISARIO NYTimes.com November 26, 2010 In what appears to be the latest phase of a far-reaching federal crackdown on online piracy of music and movies, the Web addresses of a number of sites that facilitate illegal file-sharing were seized this week by Immigration and Customs Enforcement, a division of the Department of... »

By Daniel Tencer RawStory.com Friday, November 26th, 2010 The Homeland Security Department’s customs enforcement division has gone on a Web site shutdown spree, closing down at least 76 domains this week, according to online reports. While many of the web domains were sites that trafficked in counterfeit brand name goods, and some others linked... »