Upcoming wave of layoffs won’t discriminate

Virtually every industry will be affected by downturn, credit market issues

When the dot-com and housing bubbles burst, it was easy to see what types of jobs would disappear. But these days as nervous lenders cower and credit contracts, virtually every industry is likely to be scathed in the widely predicted downturn starting this autumn. Nearly every business relies on credit to operate — just as they need customers to have spending power. Continue reading

Pandemic, America’s Final Solution?

Albright, Biden and Powell have all chimed in
about a generated crisis to test manchurian puppet Obama when he gets selected to read
scripts for the elites. This threat agenda seems
to be timed to coincide with the collapse of the US financial system when Obama takes office. It seems that a man made pandemic(read U.S. Military strain of a weaponized virus) will be unleashed. This would be the best way to manage the masses during a severe downturn – We can’t have people gettting together during a depression now can we. When your neighbors get sick, you are going to tell them to get the fuck away from you, perfect way to keep people isolated and afraid, and most importantly, ready for whatever solution these sick fucks have schemed to cull and manage the herds. Please take time to read the 1st link below. Continue reading

Concerns about deployment of military on U.S. soil growing while mainstream media buries its head in the sand – Naomi Wolf

The following is the spin of military spokespeople in response to questions about the deployment of the First Brigade on US soil for the first time in over 200 years.

The Army Times initially reported that the First Brigade would handle domestic crowd control and subduing ‘unruly individuals’ and that they had ‘lethal and nonlethal technologies’ to do so. Then it issued a correction declaring that the ‘nonlethal’ package was not for domestic crowd control. Then after a hue and cry was raised by many citizens, Northern Command (NorthCom) offered a wholesale revision of their mission – and the mainstream media is eating it up. Here is an excerpt from the articled linked to in the previous sentence: Continue reading

Russian President Medvedev: Global Economy Pays for American Blunders

“We are paying for others’ – primarily American – blunders.” This is how the President of Russia, Dmitry Medvedev, assesses the state of affairs in the global economy. Medvedev was speaking at a news conference in the Armenian capital Yerevan. Continue reading

Wall Street’s ‘Disaster Capitalism for Dummies’

14 reasons Main Street loses big while Wall Street sabotages democracy

ARROYO GRANDE, Calif. (MarketWatch) — Yes, we’re dummies. You. Me. All 300 million of us. Clueless. We should be ashamed. We’re obsessed about the slogans and rituals of “democracy,” distracted by the campaign, polls, debates, rhetoric, half-truths and outright lies. McCain? Obama? Sorry to pop your bubble folks, but it no longer matters who’s president. Continue reading

MSM: Natural gas giants Russia, Iran and Qatar discuss forming OPEC-style cartel

TEHRAN, Iran (AP) _ Russia, Iran and Qatar made the first serious moves Tuesday toward forming an OPEC-style cartel on natural gas, raising concerns that Moscow could boost its influence over energy markets spanning from Europe to South Asia.

Such an alliance would have little direct impact on the United States, which imports virtually no natural gas from Russia or the other nations.
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MSM: Boeing workers are ready for a long strike

Boeing picket line

Boeing workers are prepared for a long strike

It’s high noon in Seattle and hundreds of Boeing workers are turning up for their shifts.

But they’re not heading into the factory – they’re checking in for picket line duty. The 27,000 members of the Aerospace Machinist’s Union have been off the job for 47 days now – the third longest strike in Boeing’s history.

The key sticking point is a plan by Boeing to allow outside contractors greater access to the plant, enabling them to deliver components directly onto the production line. Workers say that’s a union busting plan that threatens their jobs.
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MSM: Got milk? Well, it may not be for long…

It is a vital addition to any family breakfast table – not to mention that cup of tea, coffee or latte.

But Britain could soon run short of milk, experts have warned today.
The white stuff’s dire status has been blamed on a slump in production plus the exodus of half of Wales’ dairy farmers in the past decade. And it could even threaten our cheese. Continue reading

The ABCs of Paulson’s Bailout

October 21, 2008 “Counterpunch” — – “Treasury Secretary Paulson’s bailout speech on Monday, October 13, poses some fundamental economic questions: What is the impact on the economy at large of this autumn’s unprecedented creation and giveaway of financial wealth to the wealthiest layer of the population? How long can the Treasury’s bailout of Wall Street (but not the rest of the economy!) sustain a debt overhead that is growing exponentially? Is there any limit to the amount of U.S. Treasury debt that the government can create and turn over to its major political campaign contributors?
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