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Index June 2011

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2011-06-01: real-world economics review: Invitation from 141 economists to join the World Economics Association;
2011-06-02: Cleaning up city squares in democratic Spain;
2011-06-03: … financial war … ;
2011-06-04: Is there hope?
2011-06-05: Pakistan and the US: A too-close embrace?
2011-06-06: Time to bury the IMF;
2011-06-07: China Ripoffs Cost U.S. $48 billion and 923,000 Jobs in 2009;
2011-06-08: On Fauxgressive Rationalizations of Selling Out to Powerful, Moneyed Backers;
2011-06-09: Soutenez la première candidature altermondialiste à la tête du FMI;
2011-06-09: Alternative Candidate Nominated: Aurélie Trouvé;
2011-06-10: Water privatisation: Senegal at the crossroads;
2011-06-10: SOCIÉTÉ: Femme, Famille, Affaires sociales … Les urgences du moment;
2011-06-11: Hedge funds create volatility in global food supply with land grabs across Africa;
2011-06-12: World Bank set to finance one of Latin America’s largest farmland grabbers;
2011-06-12: Délinquance sexuelle – les femmes aussi;
2011-06-13: Public-Public Partnerships in water;
2011-06-14: A Beginners Guide to Shadow Banking – Financial Crisis and Repo;
2011-06-15: Commonwealth Foundation grants for Women as Agents of Change;
2011-06-16: Israeli’s Rush for Second Passports;
2011-06-17: India, China middle class boom faces many challenges;
2011-06-18: How many SEALs died?
2011-06-19: Bilderberg 2011: The Rockefeller World Order and the High Priests of Globalization;
2011-06-19: Les Mutilations Sexuelles Féminines (dite Excision) dans le forum d’ENVOYE SPECIAL sur France 2;
2011-06-20: Guardian launches international development achievement award;
2011-06-21: Indicus’ Analytics: Crimes and punishment;
2011-06-22: 9/11 and the Orwellian Redefinition of Conspiracy Theory;
2011-06-23: Greek Saga Sails On;
2011-06-24: Quantitative easing back on Bank of England’s agenda;
2011-06-25: Transparency hides Zambia’s lost billions;
2011-06-26: How the FED engineered the Great Depression;
2011-06-27: Is the Chinese Economy Sputtering for the Same Reasons as the American Economy?
2011-06-28: SCO vs Bilderberg: Where are the real decisions being made?
2011-06-29: Cuts to hit primary education;
2011-06-30: Egypt’s economy: Light, dark and muddle.

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Egypt’s economy: Light, dark and muddle

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the shakiness of the economy could undermine progress towards democracy - Published on The Economist, June 23, 2011.

FOR almost a month after the fall of Hosni Mubarak, the police vanished from the streets of Cairo. Integral parts of the reviled regime, they did not want to show their faces. Thanks to the self-discipline of Cairenes, there was little public disorder. But one thing did change: the traffic got even worse. With most of the traffic lights out and no cops, cars slowed to a crawl at every intersection.

Inadvertently, Egypt was trying out an idea from Dani Rodrik, a Turkish economist. Mr Rodrik compares a crossroads in Hanoi (but it could be Cairo) with one in Russia. In Hanoi, there are no traffic lights; cars and carts crowd into an impenetrable tangle, yet everyone gets through somehow. By contrast, in Moscow the lights work; columns of cars stop and advance in turn—right up to the moment some idiot in a truck runs a red light and smashes into the waiting queue. This happens again and again and again.  Continue Reading…

Cuts to hit primary education

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Published on Swazi Media Commentary, by blog owner, June 27, 2011.

The Swaziland Government lied when it said there would be no financial cuts in education as a result of the economic crisis ripping the kingdom.

Now, it is revealed that money is so tight, pupils might be forced to take lessons under trees.

Majozi Sithole, the Swazi Finance Minister, said in November 2010 and has repeated since that health and education would not be affected by government-imposed spending cuts. Continue Reading…

SCO vs Bilderberg: Where are the real decisions being made?

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Linked on our blogs with Eric Walberg, Canada. – Published on Intrepid Report, by Eric Walberg, June 27, 2011.

The 10th Shanghai Cooperation Organisation (SCO) summit, held June 15, in the Kazakh capital Astana highlighted how the major rivals to empire, led by Russia and China—themselves rivals—are trying to fashion an alternative to US hegemony.

The SCO is the only major international organisation that has neither the US nor any close US ally among its members, and its influence is growing across Eurasia. Leaders of member states Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan were joined by leaders from observers Iran, Pakistan, India, Afghanistan and Mongolia. Belarus and Sri Lanka have been admitted as dialogue partners, and prior to his arrival in Astana to attend the summit, Chinese President Hu Jintao visited Ukraine.  Continue Reading…

Is the Chinese Economy Sputtering for the Same Reasons as the American Economy?

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Published on Global Research.ca, by Washington’s Blog, June 25, 2011.

It was tempting to believe that China was different.

With its command and control economy with some of the trappings of free market capitalism, trillions in reserves, and abundant natural resources, many thought that China would “decouple” from the Western world’s problems and sail into a prosperous future.

However, despite its long history, exotic names and seemingly strong position, China cannot avoid the rules of economics which have applied to all countries throughout history.

Corruption and Phony Bookkeeping: … // Continue Reading…

How the FED engineered the Great Depression

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Linked on our blogs with the following articles and its Links: Full reserve banking, Where does money really comes from? Secrets of money, interest and inflation, G. Edward Griffin’s view on the FED, Taxes, America and Aaron Russo, debitism and other economics, Confessions of an Economic Hit Man, A video called Firewall, More on conspiracy theories … , The Creature from Jekyll Island, A Second Look at the Federal Reserve … etc. …

Published on Intrepid Report, by Jerry Mazza, June 24, 2011.

Fresh from writing Wall Street and the Fed’s stranglehold on America, based on A Study of the Federal Reserve and Its Secrets by the legendary Eustace Clarence Mullins, I thought it would be of great value to follow the money (in this case the gold) in the FED’s 1925 scheme to take down the stock market to cast the U.S. into the havoc of the Great Depression. This is all the more to increase the value of Mullins’ book and readers’ awareness of this nefarious act and organization.  Continue Reading…

Transparency hides Zambia’s lost billions

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Published on Pambazuka News, par Khadija Sharife, June 23, 2011.

Mining corporations’ tax avoidance schemes cost African nations billions of dollars each year, says Khadija Sharife.

African nations such as Zambia are often seen as grossly corrupt. Yet it is corporate tax ‘avoidance’ on the part of mining companies that costs the nation hundreds of millions annually, while lining the pockets of middle-men in countries such as Switzerland. And the much-lauded Extractive Industry Transparency Initiative (EITI) may help – rather than hinder – this reality.

Zambia recently became the 26th country to publish the EITI report, disclosing payments from mining companies for the year 2008. The EITI standard is meant to ‘facilitate transparency’ by assessing net discrepencies between resource rents – royalties and taxes remitted by multinationals and received by governments.  Continue Reading…

Quantitative easing back on Bank of England’s agenda

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Another round of money printing may be necessary to keep the recovery on track, Bank of England policymakers have warned – Published on The Telegraph.co.uk, by Philip Aldrick, June 23, 2011.

In its most pessimistic outlook for months, the Bank’s rate-setting Monetary Policy Committee (MPC) “judged that the downside risks to the prospects for medium-term inflation had increased”, according to the minutes for this month’s meeting.

Seven members voted to hold rates at 0.5pc, with two calling for an immediate quarter-point rise to counter soaring inflation of 4.5pc – twice the MPC’s 2pc target. Continue Reading…

Greek Saga Sails On

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Published on Economic Populist.org, by Robert Oak, June 19, 2011.

The never ending Greek tragedy goes on and on, with bail outs, austerity demands (codespeak to screw the poor and middle class), and votes of no confidence in government officials. All of this raucous is interspersed with violent protests. Now Europe is in talks for a second bail out, about the same as the first one, or $157 billion.

(Watch online this video, 1.44 min).  Continue Reading…

9/11 and the Orwellian Redefinition of Conspiracy Theory

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Linked on our blogs with Paul Craig Roberts, USA. – Published on Global Research.ca, by Paul Craig Roberts, June 20, 2011.

While we were not watching, conspiracy theory has undergone Orwellian redefinition.

A “conspiracy theory” no longer means an event explained by a conspiracy.  Instead, it now means any explanation, or even a fact, that is out of step with the government’s explanation and that of its media pimps.

For example, online news broadcasts of RT have been equated with conspiracy theories by the New York Times simply because RT reports news and opinions that the New York Times does not report and the US government does not endorse.  Continue Reading…

Indicus’ Analytics: Crimes and punishment

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Cases of crime in India are still largely unreported, adding to the problem of a slow justice system

Published on Business Standard, by Indicus, June 16, 2011.

… A comparative analysis of the states reveals the wide variation in the total number of cognisable crimes registered under the Indian Penal Code. Among the big states, Kerala tops the list with 341.5 cases of cognisable crimes recorded per lakh population. Equally grim is the situation in Madhya Pradesh, Tamil Nadu and Rajasthan, recording more than 250 cases per lakh population. Cases of crime registered in Haryana, Karnataka, Andhra Pradesh, Chhattisgarh, Mizoram and Himachal Pradesh are way above the all-India average. (click here for chart).

(see also online: this diary entry)  Continue Reading…

Guardian launches international development achievement award

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Published on The Guardian, June 16, 2011.

Now in its third year, the award exists to celebrate individuals who do amazing work in global development. It’s your chance to nominate someone whose achievements deserve to be shouted from the rooftops.

Everyone involved in global development has met someone whose work has been inspirational. Who has overcome what seem like impossible circumstances to improve the lives of those around them.

The Guardian International Development Achievement Award 2011, which is launched on Wednesday, exists to celebrate these individuals and the amazing work they do. We are asking everyone involved in development – from NGOs to service users, institutions to students – to nominate someone who has made a significant contribution to alleviating poverty in the developing world.  Continue Reading…

Les Mutilations Sexuelles Féminines (dite Excision) dans le forum d’ENVOYE SPECIAL sur France 2

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Publié dans le Forum d’Envoyé Spécial, par cgoue, le 9 juin 2011.

(D’abord mon commentaire: dénoncer cette pratique est une chose, protéger celles/ceux qui le font, c’est le deuxième volet obligatoire de cette action, car les intégriste ne dorment jamais. QUI est capable et volontaire d’assurer cette protection??).*

… Bien au delà de la douleur de “l’opération” pratiquée sans anesthésie, dans des conditions déplorables (vieux ciseaux rouillés, morceaux de verre …), nous devons en plus entendre les souffrances psychologiques, les souffrances physiques que les “excisées” subiront à vie, et les risques colossaux. Beaucoup d’enfants et de femmes meurent des causes directes ou indirectes de “l’opération”: infections, maladies dues au matériel non stérilisé, accouchements rendus parfois impossible après infibulation …  Tout cela est sans compter les innombrables désinfibulations, réinfibulations avant les grossesses, une fois que la femme à accouché, lorsque le mari doit s’absenter sur une longue période …  Continue Reading…

Bilderberg 2011: The Rockefeller World Order and the High Priests of Globalization

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Published on Global Research.ca, by Andrew Gavin Marshall, June 16, 2011.

… Regime Change at the IMF?

Christine Lagarde, the French Finance Minister who has been pivotal in the process towards drafting and proposing a ‘European economic government’, is also considered the front-runner for the job of Managing Director of the IMF. The Managing Director of the IMF is always in attendance at Bilderberg meetings, except for this year, considering outgoing director Dominique Strauss-Kahn is facing sexual assault charges in New York; yet, the top job is usually set aside for those who have been invited to at least one meeting of the Bilderberg Group. While the race has yet to finish, perhaps it is noteworthy that Christine Lagarde attended a Bilderberg meeting in 2009.[48] Could this make her the supreme choice, or is there a surprise in the near future?  Continue Reading…

How many SEALs died?

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Linked on our blogs with Paul Craig Roberts, USA. – Published on Intrepid Report, by Paul Craig Roberts, June 17, 2011.

In a sensational and explosive TV report, the Pakistani News Agency has provided a live interview with an eye witness to the US attack on the alleged compound of Osama bin Laden. The eye witness, Mohammad Bashir, describes the event as it unfolded. Of the three helicopters, “there was only one that landed the men and came back to pick them up, but as he [the helicopter] was picking them up, it blew away and caught fire.” The witness says that there were no survivors, just dead bodies and pieces of bodies everywhere. “We saw the helicopter burning, we saw the dead bodies, then everything was removed and now there is nothing.”

I always wondered how a helicopter could crash, as the White House reported, without at least producing injuries. Yet, in the original White House story, the SEALs not only survived a 40-minute firefight with al Qaeda, “the most highly trained, most dangerous, most vicious killers on the planet,” without a scratch, but also survived a helicopter crash without a scratch.   Continue Reading…

India, China middle class boom faces many challenges

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Published on FirstPost.Economy, by Homi Kharas, June 13, 2011.

… Between 1960 and 2010, the number of people who had middle class or better living standards in OECD member-countries more than doubled from around 400 million to over 900 million. Poverty, by global standards, was essentially eradicated.

Asia today faces the same potential. Economies in South Asia and East Asia have grown fast for two decades now, and in some Asian countries, growth has been sustained for much longer periods. Most South Asian and East Asian economies have passed the World Bank’s threshold of per capita GDP of $1,000 to become classified as middle-income countries. But that still does not mean that they have a large middle class, at least not by global standards.  Continue Reading…

Israeli’s Rush for Second Passports

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Published on Voltairenet.org, by Franklin P. Lamb, June 4, 2011.

Perhaps historians or cultural anthropologists surveying the course of human events can identify for us a land, in addition to Palestine, where such a large percentage of a recently arrived colonial population prepared to exercise their right to depart, while many more, with actual millennial roots but victims of ethnic cleansing, prepared to exercise their right of Return.

One of the many ironies inherent in the 19th century Zionist colonial enterprise in Palestine is the fact that this increasingly fraying project was billed for most of the 20th century as a haven in the Middle East for “returning” persecuted European Jews. But today, in the 21st century, it is Europe that is increasingly being viewed by a large number of the illegal occupiers of Palestinian land as the much desired haven for returning Middle Eastern Jews.  Continue Reading…

Commonwealth Foundation grants for Women as Agents of Change

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Published on HURIDOCS (Human Rights Information and Documentation Systems, International), June 14, 2011.

The Commonwealth Foundation is pleased to announce the launch of a Special Grants Fund for Civil Society Organisations (CSOs) and Commonwealth Associations (CAs) to undertake strategic and innovative projects that will promote the Commonwealth theme for 2011, ‘Women as Agents of Change’.

This year, the theme celebrates the significant contributions that women make to development and their relatively untapped potential as agents of change. Continue Reading…

A Beginners Guide to Shadow Banking – Financial Crisis and Repo

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A Beginners Guide to Shadow Banking – Financial Crisis and Repo – Linked on our blogs with Mike Whitney, USA (the American writer). – Published on Global Research.ca, by Mike Whitney, June 12, 2011.

  • “What if I told you that the financial crisis could be explained in just two words? Would you believe me?
  • It’s true, and oddly enough, neither of the words is “subprime”.
  • So, what are the words?
  • Bank run.

The financial crisis was actually a run on the banking system. Only it wasn’t a run in the usual sense of the word where jittery depositors line up on the street waiting to withdraw their savings, but a run on the shadow banking system where traditional banks get their funding via short-term loans in what’s called the “repo market”. (short for “repurchase agreement”) The shadow banking system has become a critical part of the infrastructure of the modern financial system. It provides a way for banks to move credit risk off their balance sheets, thus reducing the amount of capital they need to support their operations. The banks argue that this new system has made credit cheaper for borrowers which, in turn, generates more activity and growth in the economy. But, of course, the risks are much greater too, as we can see from trillions of dollars that were lost following the meltdown of 2008. These risks cannot be contained as long as shadow banks remain unregulated.  Continue Reading…

Public-Public Partnerships in water

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Published on Pambazuka News, by David Hall, June 7, 2011.

Donors and development banks have largely focused on private-public partnerships in their attempts to develop water management capacity around the world, overlooking the vast expertise of public sector water operators. But now they too are starting to recognise the benefits of Public-Public Partnerships for the provision of public water and sanitation services, writes David Hall.

Water operators need to be efficient, accountable, honest public institutions providing a universal service. Many water services however lack the institutional strength, the human resources, the technical expertise and equipment, or the financial or managerial capacity to provide these services. They need support to develop these capacities. Continue Reading…

Délinquance sexuelle – les femmes aussi

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… Anne Poiret lève justement le voile sur un des derniers tabous : 3% des personnes incarcérées en France pour crimes et délits sexuels sont des femmes.

Interview avec la journaliste Anne Poiret, publié dans Atlantico, le 4 juin 2011.

Atlantico : Quelle est la part des femmes dans les crimes sexuels?

Anne Poiret : On considère que 3% des personnes incarcérées en France pour crimes et délits sexuels sont des femmes. Cela peut paraître peu mais c’est le pourcentage de femmes également par rapport aux personnes qui purgent une peine pour tout types de crimes et délits confondus.La plupart des femmes incarcérées le sont pour des faits commis avec des hommes. Mais il existe des femmes qui agressent seules. Je me suis intéressée aux agressions sur mineurs ou avec des personnes totalement inconnues des enfants -un cas est très rare mais qui existe.  Continue Reading…

World Bank set to finance one of Latin America’s largest farmland grabbers

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Published on Food Crisis and the Global Landgrab, June 7, 2011.

The World Bank appears set to inject $30 million into a fund that buys farmland in Latin America on behalf of some of the world’s wealthiest people.  On June 10, 2011, the board of the World Bank’s International Finance Corporation is scheduled to decide on whether to offer a critical loan to Calyx Agro Ltd that will enable the company to significantly expand its farmland holdings in Brazil, Argentina, Uruguay and Paraguay.

Calyx Agro was established in Argentina by Louis Dreyfus Commodities in 2007 as a vehicle for farmland acquisition in southern Latin America. Louis Dreyfus is owned by the Louis-Dreyfus family in France and is one of the world’s largest traders of agriculture commodities.

IFC documents indicate that IFC is considering providing Calyx Agro with a loan of up to $30 million. But the significance of IFC’s involvement goes well beyond cash. The IFC says it “will be the first financier to provide Calyx long-term financing, without which the Company may have to reduce its expansion plans” and it acknowledges that its “Stamp of Approval” will help Calyx Agro if it pursues an initial public offering on a stock exchange.  Continue Reading…

Hedge funds create volatility in global food supply with land grabs across Africa

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Financial backers – including U.S universities and pension funds – are lured by high returns and turn a blind eye to theft of land, displacement of people – Published on Food Crisis and the Global Landgrab, by Liam O’Donoghue and Brad Tucker, June 8, 2011.

Oakland, CA – Hedge funds and other foreign speculators are increasing price volatility and supply insecurity in the global food system, according to a series of investigative reports released today by the Oakland Institute. The reports are based on the actual materials from these land deals and include investigation of investors, purchase contracts, business plans and maps never released before now.

The “Understanding Land Investment Deals in Africa” reports also reveal that these largely unregulated land purchases are resulting in virtually none of the promised benefits for native populations, but instead are forcing millions of small farmers off ancestral lands and small, local food farms in order to make room for export commodities, including biofuels and cut flowers.  Continue Reading…

SOCIÉTÉ: Femme, Famille, Affaires sociales … Les urgences du moment

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Publié dans Abidjan.net/Nord-Sud, par Nesmon De Laure, le lundi 6 juin 2011.

… L’heure est venue pour l’application effective de la loi contre les mutilations génitales féminines. Il n’est plus question de rester indolent face à toutes les formes de violences faites aux femmes.

Déjà, dans les milieux féminins, on récrimine contre la faible représentation dans le nouveau gouvernement. Pour bon nombre d’observatrices, le chef de l’Etat devrait aller plus loin pour le respect du quota de 30% de femmes aux postes de responsabilités par la prise d’une ordonnance. Sur les 70% d’analphabètes, la gent féminine est la plus concernée. D’où la nécessité de multiplier des séances d’alphabétisation et d’encourager la scolarisation de la petite fille.  Continue Reading…

Water privatisation: Senegal at the crossroads

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Published on Pambazuka News, by Olivier Petitjean and Elimane Diouf, June 6, 2011.

While the Senegalese government wishes to ‘disengage financially from the water sector’, it is precisely the previous public management of water that has begun to improve infrastructure and people’s access to the resource.

The water service in the Senegalese cities has been partially privatised since 1996 under the form of a lease contract between the state and the Sénégalaise des eaux (SDE). 51 per cent of the capital of the latter is held by SAUR, renamed FINAGETION in 2005. It is a subsidiary of the Bouygues group, the fourth-largest group in the global water sector. Water management in Senegal is often presented as a ‘model’ public–private partnership (PPP), particularly by the World Bank, the International Monetary Fund and other international financial institutions, all of who have been trying to promote various forms of water privatisation for decades.  Continue Reading…

Alternative Candidate Nominated: Aurélie Trouvé

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Linked on our blogs with IMF Boss, and with Soutenez la première candidature altermondialiste à la tête du FMI. – Published on IMF Boss, by Soren Ambrose, June 7, 2011.

A civil society organization has nominated a very alternative candidate for IMF Managing Director. ATTAC France has nominated its co-president, Aurélie Trouvé, an economist who specializes in agricultural markets.
ATTAC France is best known for its longtime advocacy for financial transaction taxes as a way to control excessive speculation and raise funds for global public goods. Indeed, part of Trouvé’s platform is to eliminate austerity plans and instead introduce FTTs (if my rusty French is not deceiving me).  Continue Reading…

Soutenez la première candidature altermondi aliste à la tête du FMI

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Lié sur nos blogs avec IMF Boss, et avec Alternative Candidate Nominated: Aurélie Trouvé – Reçu par e-mail, De: Attac France, Date: 08/06/2011

  • Attac France a rendu publique hier la candidature de sa coprésidente Aurélie Trouvé à la direction du FMI (voir ci-dessous le communiqué de presse).
  • Pour que celle-ci soit prise en compte, il faut qu’elle soit soutenue par un gouverneur du FMI d’ici vendredi 10 juin, date limite de dépôt des candidatures.
  • Un comité de soutien à cette candidature est nécessaire pour appuyer cette demande auprès des gouverneurs.
  • Pour en faire partie, merci de transmettre vos coordonnées (nom, prénom, qualité) à cette adresse, ou en renseignant directement celles-ci sur le site d’Attac France.

La coprésidente d’Attac candidate à la direction générale du FMI:   Continue Reading…

On Fauxgressive Rationalizations of Selling Out to Powerful, Moneyed Backers

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Published on the blog naked capitalism, by Yves Smith, June 5, 2011.

… These “the lady doth protest too much” reactions reveal how naked careerism has eroded what little remains of the liberal cause in the US. Despite the fact that the left, as does the right, has a moral stance underlying its political positions, operatives on the left have been willing to sell out, not just to make the occasional compromise, but on bedrock principles. Here the fish has rotted from the head; this posture reflects the corporatist-in-sheep’s-clothing stance of Obama filtering through the Democratic party infrastructure.

What has happened with Roosevelt, and to a lesser degree with EPI and the CBPP, is blindingly obvious to those who are paying attention. For instance, Randy Wray wrote on the Roosevelt site:   Continue Reading…

China Ripoffs Cost U.S. $48 billion and 923,000 Jobs in 2009

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  • (First my comment: every economic war is linked with ideological war. If in long term China reaches its goal to dominate the planet’s economy, they automatically can impose their way for human rights. Yes, at the end a concern for all of us. I hope all next generations can live a different reality than the Chinese way of human right, how stupid ever our westener elites may behave).
  • (Read also: Chinese Piracy Costing Millions of U.S. Jobs, on Economy in Crisis, by Dustin Ensinger, June 5, 2011).

Published on The Economic Populist, by Robert Oak, June 5, 2011.

How Stupid Can America Be? Pretty damn stupid according to a new report by the United States International Trade Commission USITC.   Continue Reading…

Time to bury the IMF

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Towards an International Bank for Reconstruction and Reparations

Published on Pambazuka News, by Horace Campbell, June 2, 2011.

The demise of the IMF’s former managing director Dominique Strauss-Kahn is an opportunity to dismantle the fund and replace the current financial architecture with one that ‘invests in the repair and reconstruction of livelihoods and the planet’ instead of ‘destruction, dehumanisation, exploitation, and rape,’ writes Horace Campbell …

… EUROPE FEARS THE DEATH OF THE SYSTEM  Continue Reading…

Pakistan and the US: A too-close embrace?

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Published on AlJazeera, by Asad Hashim, June 3, 2011.

New leaked US embassy cables reveal further evidence of states’ dysfunctional relationship.

It is of little surprise that in the weeks following the killing of Osama bin Laden, al-Qaeda’s leader, in a Pakistani military garrison town, the Pakistani relationship with the United States has been described using various analogies of romantic dysfunction: as an abusive relationship, as one partner cheating on another, and as a failing marriage where the partners stay together for the sake of the children. Continue Reading…

Is there hope?

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Published on Real-World Economics Review Blog, by Peter Radford, June 3, 2011.

I suppose we should start to ask the obvious questions.

I read a couple of days ago an analyst arguing that the world should move on and begin to make more concrete plans for a post-America era. One main part of his argument was that the American political system is now so outdated and defunct that it can no longer make sensible long term decisions. It seems the US is stuck in what I call post-illusion denial. Most everything it has done over the last thirty years turns out to have been an error. The after effects of the Cold War left America with no plan B of how to behave.   Continue Reading…

… financial war …

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(First my comment: yes, in this article are named personalities like Obama and DSK, but the real important part speaks about financial war … it is people’s main interest to look at  this war … main stream’s mess around DSK is the mouse hiding this mountain).

Published on Voltairenet.org as: Obama, financial war and the elimination of DSK, by Thierry Meyssan, May 28, 2011.
(Original in french: Obama, la guerre financière et l’élimination de DSK, publié dans Voltairenet.org, par Thierry Meyssan, le 26 Mai 2011).

It is impossible to understand the downfall of Dominique Strauss-Khan without linking it to his project for the creation of a new international reserve currency, which was to be launched on 26 May 2011 at the Deauville G-8 summit. The project was paradoxically anticipated as much by the Emerging States as by stateless financial capital, but rejected by the U.S.-Israeli military-industrial complex … //  Continue Reading…

Cleaning up city squares in democratic Spain

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Linked on our blogs with Pablo Ouziel, Spain. – Published on Intrepid Report, by Pablo Ouziel, May 30, 2011.

On Friday the 27th of May, five days after an overwhelming victory by centre-right political parties in the local and regional elections across Spain, the country woke up to the bitter reality of how nonviolent movements calling for economic democracy, political justice and peace are going to be dealt with by the country’s police forces in this new era of right-wing political dominance.

Just twenty-four hours after Spain’s largest telecom company, Telefonica, announced a new round of layoffs affecting 8,500 people, 25 percent of the work force, and as the G8 was meeting in Deauville, France, to discuss amongst other things the discontent sweeping across Europe, the Catalan police force—the Mossos d’Esquadra—following orders from the Town Hall’s new Catalan Nationalist Party (CiU) government, surrounded the nonviolent citizens camped at the Plaza Cataluña in Barcelona’s city centre. Armed with full riot gear, batons and machine-guns with rubber bullets, the police kettled in the protestors, making it impossible for them to leave or others to enter. Continue Reading…

real-world economics review – Invitation from 141 economists to join the World Economics Association

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Linked on our blogs with World Economics Association WEA, and with Assault on the Establishment. – Received by e-mail, From: real-world economics review.

Dear Readers of the Real-World Economics Review: We, the 141 economists from the 40 countries listed below, invite you to join the World Economics Association which we are launching today. Two commitments listed in our Manifesto sum up the project.

1. To plurality. The Association will encourage the free exploration of economic reality from any perspective that adds to the sum of our understanding.  To this end, it advocates plurality of thought, method and philosoph … //

… 8. To global democracy.  The Association will be democratically structured so as not to allow its domination by one country or one continent. … (see items 2 – 7 on Manifesto).  Continue Reading…