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.mes dessins - moyen grands0001 (8) 30p.

… from today on I’ll work less, read more books, go more out for a walk and publish occasionally on this blog about economic and social concerns.

Conservatives: Agents of Capitalism

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Published on Dissident Voice, by Yves Engler, October 24, 2013.

The Harper Conservatives have forcefully championed the interests of international investors and corporations, but it has not been enough for the “greed is good” business pundits who earn their living pimping the interests of the rich and powerful.

Last November a Canadian Business headline asked, “Is Canada closed to foreign investment?” while more recently there’s been a number of apoplectic commentaries about Ottawa blocking an Egyptian billionaire from acquiring Winnipeg based MTS Allstream on national security grounds.   Continue Reading…

Are the Roma Primitive, or Just Poor?

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Publishedon The New York Times/Sunday Review, by Dan Bilefsky, Oct 19, 2013.

PARIS — THE cluster of Roma, handcuffed and caged-in behind glass walls, listened in silence as prosecutors accused them in court of selling child brides for up to about $270,000 in cash, valuing them based on their ability to steal. In a case that has riveted France, the prosecutors accused three family clans from Croatia of grooming girls and boys as young as 11 to steal as part of a gang that committed 100 robberies in France, Belgium and Germany in 2011.   Continue Reading…

With debt ceiling lifted, will America move to non-fiction on economic issues?

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Published on Real-Worls Economics Review Blog, by Mark Weisbrot, Oct 22, 2013.

… As expected, the Republicans were defeated and got nothing for their efforts other than a record-low approval rating.  The New Yorker’s satirist Andy Borowitz summed up their “noble cause” with a fictional quote from Ted Cruz:  “The dream of keeping poor people from seeing a doctor must never die.”

The outcome was never much in doubt. The Tea Party and its friends do not control the majority of the Congress, nor could anyone expect House majority leader John Boehner to defy the Chamber of Commerce, the Business Roundtable, and the rest of America’s most powerful business lobbies after they made it clear that they would not stomach even a temporary, technical default on U.S. Treasury obligations. Indeed, it is testimony to the extremists’ base of support within their party – and their own stubbornness – that they made it as far as they did.   Continue Reading…

The Business of America Is War

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Disaster Capitalism on the Battlefield and in the Boardroom – Published on ZNet (first on TomDispatch), by William J. Astore, October 21, 2013.

There is a new normal in America: our government may shut down, but our wars continue. Congress may not be able to pass a budget, but the U.S. military can still launch commando raids in Libya and Somalia, the Afghan War can still be prosecuted, Italy can be garrisoned by American troops (putting the “empire” back in Rome), Africa can be used as an imperial playground (as in the late nineteenth century “scramble for Africa,” but with the U.S. and China doing the scrambling this time around), and the military-industrial complex can still dominate the world’s arms trade.   Continue Reading…

Empire Building, the Debt Ceiling, the Budget Deficit, the Samson Solution

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Published on Axis of Logic, by James Petras, Oct 20, 2013 … First a question of the Editor//

Introduction: US and world political and economic leaders are faced with what they describe as a ‘systemic catastrophe’: the inability to pay global creditors, including domestic and foreign banks, investors and governments, who hold $16.7 trillion in US Treasury notes … //

… To understand the fight to raise the debt ceiling and to pass a deficit budget it is necessary to analyze the long-term, large-scale sources of State debt.

Imperial Wars, the Ascendancy of Finance Capital and the Debt Crisis:   Continue Reading…

Paul Craigh Roberts

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US: More than 10 million legal files snared in Megaupload shutdown

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Published on Russia Today RT, Oct 19, 2013.

When US law enforcement officials shut down the online storage locker Megaupload they also scrubbed nearly 11 million perfectly legal files that were saved on the site, according to a new study conducted by Northeastern University in Boston.

Before it was taken offline, Megaupload – with founder Kim Dotcom at the helm – attracted tens of millions of visitors each day. Users flocked to the site because it provided a venue for file hosting, although Megaupload quickly gained notoriety for the number of music and movie files freely available there without the consent of the copyright owner … // Continue Reading…

GlobalEurope Anticipation Bulletin GEAB N°78

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GEAB N°78 is available! The de-Americanisation of the world has begun – emergence of solutions for a multipolar world by 2015, Published on LEAP2020.eu, October 16, 2013: … “Building a de-Americanised world”: this statement would have raised a smile a few years ago. At most it would have passed for provocation by Hugo Chavez. But when we are seeing the United States’ bankruptcy in real-time and it’s an official Chinese press agency that says so (1), the impact isn’t the same. In reality, it’s describing out loud a process which is already well underway: simply, it’s now allowed to speak about it in public.   Continue Reading…

The Unluckiest People on Earth: Syrians refugees thought Egypt would be safe. They were wrong

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Published on New Republic, Canada, by Laura Dean, Oct 6, 2013:

Long before the start of the Arab Spring, Syrians in the southern town of Saqba had close ties with Egyptians in Damietta. For generations, the two towns were their countries’ capitals of furniture making, and businessmen and artisans moved back and forth between them. When Syrian President Bashar al Assad’s regime began driving citizens from their homes, many residents of Saqba found Damietta a logical destination. Some had existing relationships with Egyptians there, and Egypt overall was welcoming toward Syrian refugees.   Continue Reading…

The Ascent of Money

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A Financial History of The World, Epsd. 1-5, Full Doc, 255.14 min, (by Niall Ferguson), uploaded by Spirit of Revelation, Nov 7, 2011: Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance …; Website: Niall Ferguson.com.

(see also: Welcome to our new blog: politics for the 99%).

UK: Bankers may be jailed under proposed new UK law

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Published on BBCnews/Business, October 1, 2013.

Senior bankers could face criminal charges for “reckless” misconduct leading to the fall of a bank, under new UK government plans. Chancellor George Osborne set out the charges in 86 amendments to the Treasury’s Banking Reform Bill. The changes are due to come into effect in 2014.  Continue Reading…

Why Institutional Money is often Dumb Money

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Published on Zero Hedge, submitted by James Gruber, posted by williambanzai7, Oct 12, 2013.

… It’s clear that large Hong Kong insiders are madly bailing out as they see elevated valuations combined with dimming prospects for growth in the territory. And guess who the likely buyers are? Institutions/institutional investors, of course. These guys obviously know something about Hong Kong and the assets up for sale which Li Ka-Shing and his ilk don’t!   Continue Reading…

Links on my Dashboard

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in english:

The enemy within: Right-wing thuggery paralyzes the empire

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Published on Intrepid Report, by Larry Chin, October 11, 2013.

If the power of the war machine and corporations are measures of success in the eyes of global elites, then the Barack Obama presidency has been a perfect Republican administration, and a seamless extension of the Bush/Cheney era. This fact renders the present moment all the more surreal.   Continue Reading…

Participatory Economics: Alternative to Capitalism?

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Watch this Video: War machine churns despite shutdown, 27.52 min, published on ZNet (source: Russia Today RT), by Michael Albert and Abby Martin, October 10, 2013 …
same on YouTube, uploaded by breakingtheset, October 8, 2013: Abby Martin Breaks the Set on Government Shutdown Side Effects, Alternative Economics, Chicago’s Fire Bombing, and “Less than Lethal” Weapons:   Continue Reading…

Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse?

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Published on Global Research.ca, by Ellen Brown, October 7, 2013.

Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed in Forbes, that’s enough to sustain an Iraq-sized war for over twenty years. DHS has also acquired heavily armored tanks, which have been seen roaming the streets. Evidently somebody in government is expecting some serious civil unrest. The question is, why? … // Continue Reading…

Aggressive and insidious: More details of Canada spying techniques to follow

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… Greenwald promises – Published on Russia Today RT, Oct 8, 2013.

Canada is in the spotlight of an ongoing spying scandal as Glenn Greenwald has promised to disclose more details of the espionage of the Five Eyes global intelligence alliance that has already sparked unprecedented fury in Brazil.

American journalist Glenn Greenwald has promised to leak more secret cables he obtained from Edward Snowden in a series of interviews conducted on Monday.    Continue Reading…

The Bank are gearing up for the Collapse

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Watch this video with Dave Hodges, 44.19 min, uploaded by SGTbull07, Sept 29, 2013:  Dave Hodges is a College Professor, Journalist and Truth Teller from TheCommonSenseShow.com.
We discuss the multiple possible false flag scenarios and near-term government exercises taking shape, including the Grid Ex exercise which will simulate the implosion of the US electrical grid. “The DHS and FEMA have at least 8 drills planned between now and November,” Dave says.,”I don’t think we’re going to wait long to see some dramatic shifts in our country.”
Dave also predicts a banking collapse is around the corner, “There IS a collapse that is coming. The banks have been preparing for it for over a year now. Go back to last year when the Seventh Circuit Court of Appeals ruled that when you deposit your money in a bank, that money belongs TO the bank, and they may do with it what they will.” This isn’t fear mongering, this is reality.

BBC Newsnight: Interview with Glenn Greenwald on Snowden, NSA, GCHQ and Spying

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Watch this video, 14.09 min, re-published on ZNet, by Glenn Greenwald, October 04, 2013.

Links:

(see also: Welcome to our new blog: politics for the 99%).

British extremists use Syria as training ground before returning home

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Published on Russia Today RT, Oct 6, 2013.

British Home Secretary Theresa May has warned that extremists “of a Jihadi mindset” are using the Syrian civil war “as a nursery” before returning to Britain as trained terrorists.

“What we have seen for some time now, is that a number of British people traveling out to Somalia, we’re now seeing people travel out to Syria,” May said on BBC 1’s Andrew Marr Show on Sunday. Continue Reading…

The Barefoot Mayor: Local Hero Takes on Sicilian Corruption, Part 1

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Published on Spiegel Online International, by Fiona Ehlers, October 04, 2013 (Photo Gallery).

The new mayor of Messina is a man of the people. The tireless nonpartisan is known to go barefoot through the city. And in the land of Berlusconi, he is fighting against corruption, organized crime and widespread disenchantment with politics … //

… A New Kind of Politician:   Continue Reading…

A plea for reorienting philosophical attention from models to applied economics

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Published on Real-World Economics Review RWER, issue no 65, by Gustavo Marqués, September 27, 2013.

… Conclusions:

The points of view examined in this paper agree in that actual conventional models that incorporate tractability assumptions provide some relevant information, but they must be supplemented with other types of knowledge, skills and practices if such information is to be successfully used in real world economies. Beyond this coincidence these views differ in the type of extra theoretical resources that are needed. For Cartwright models offer “lessons”, which have to be extracted using pre-existing backward knowledge coming from outside the models themselves.  Continue Reading…

Louisiana veterans group building facility to help homeless vets, families

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Published on Examiner, October 1, 2013;

“Honoring those who served” is the motto of a new facility for homeless veterans being put together by a veterans group in the Monroe, Louisiana area. On Monday, Al Sanders, president of the Northeast Louisiana Veterans Association, told Examiner.com in an exclusive interview he hopes the facility, named the Fort Hero Veterans Barracks, (on facebook) will be complete and ready to serve area veterans in about six to eight months.  Continue Reading…

Shutdown Spectacle: America Is Already Politically Bankrupt

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Published on Spiegel Online International, by Charly Wilder, October 02, 2013 (Photo Gallery).

As the United States government shutdown enters its second day, Washington is the target of both ridicule and concern overseas. German commentators describe the situation as a “specifically American problem” with far-reaching consequences … // Continue Reading…

Greenwald: The objective of the NSA is literally the elimination of global privacy

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Published on Russia Today RT, October 1, 2013.

Glenn Greenwald of the UK’s Guardian answered questions about the ongoing NSA leaks and his source, the now notorious former intelligence contractor Edward Snowden, during an online question-and-answer session held Tuesday on the website Reddit.

Greenwald is among the pool of writers who have analyzed and reported on leaks attributed to Snowden since unauthorized disclosures first surfaced in June of this year detailing the otherwise largely unknown operations of the US intelligence community.   Continue Reading…

Ausländerfeindlichkeit: Wahnsinn and deutschen Schulen

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UK: Energy prices, Labour’s bounce and Miliband’s big dilemma

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Published on YouGov.co.uk, by Peter Kellner, Sept 30, 2013.

From level-pegging to an 11-point lead in ten days: Labour has plainly had a good conference. But how good – and can it last? Here is the case for Labour optimism. After a difficult summer, YouGov’s poll for the Sunday Times puts Labour at its highest level, 42%, since June. 30% now say Ed Miliband is doing well as party leader – his best rating since May. When people are asked who would make the best Prime Minister, Miliband (25%) is now within three points of David Cameron (28%). That is the narrowest gap since Miliband became party leader three years ago.    Continue Reading…

Tabuthema: Wahlbetrug/Wahlfälschung in Deutschland

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Global Wealth Report 2013

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on WorldReport.com (short excerpt):

North America:
HNWI Population:  3.73 million
HNWI Wealth: $12.7 trillion
Region Rank:  1
North America contributed significantly to global … (more);   Continue Reading…