Hang the Zombieconomy by its Own Rope

Lenin once said that capitalism would ultimately undo itself, because the entrepreneurs would gladly sell the rope with which they would later be hanged; they’d be too busy counting the profits to see the noose tightening around their necks.  Well, somebody is choking right now, but it’s not the “capitalists”. Continue reading

Communist U.N. Boss Praises “Mother Earth”

Armed with a new sex scandal that can further damage Republican opponents of the Obama Administration, our media haven’t found much time to cover the U.N. Conference on the World Financial and Economic Crisis underway at the world organization’s headquarters in New York. But the Obama White House is working hand-in-glove with a Communist Catholic Priest who gave a bizarre speech on Wednesday devoted to saving “Mother Earth” from evil capitalists. Continue reading

Venezuela: ‘When the working class roars, capitalists tremble’

Addressing the 400-strong May 21 workshop with workers from the industrial heartland of Guayana, dedicated to the “socialist transformation of basic industry”, Venezuelan President Hugo Chavez noted with satisfaction the outcomes of discussions: “I can see, sense and feel the roar of the working class.” Continue reading

America’s Anti-Militarist Heritage – Campaign for Liberty

Americans don’t have much historical memory anymore. That isn’t just because of the dumbing down of the educational system and the fact that most young people read very little on their own. It’s because most of what little they do hear about our history is colored by statist theology. Continue reading

The Bailout Bubble – the Bubble to End All Bubbles – Gerald Celente

The biggest financial bubble in history is being inflated in plain sight. This is the Mother of All Bubbles, and when it explodes, it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world. Continue reading

Ralph Nader: Seven Steps the Obama Admin is NOT Taking to Fix the Banking Crash, Why Not?

Indicators of avoidance are what come to mind while absorbing the various rescue, recovery, stimulus and guarantee programs coming out of the Obama Administration to slow and reverse a splintering and shattering economy. If the Obamites do not act now when the political time is ripest, to put into motion forces of deterrence and prevention, the casino capitalists of tomorrow will again be able to de-stabilize our economy. Continue reading

Seven Avoidance Indicators – Ralph Nader

Indicators of avoidance are what come to mind while absorbing the various rescue, recovery, stimulus and guarantee programs coming out of the Obama Administration to slow and reverse a splintering and shattering economy. If the Obamites do not act now when the political time is ripest, to put into motion forces of deterrence and prevention, the casino capitalists of tomorrow will again be able to de-stabilize our economy. Continue reading

Naomi Klein: Public Revolt Builds Against Rip-off Rescue Plans for the Economy

Governments that respond to a crisis created by free-market ideology with the same bad ideas will not survive to tell the tale. Continue reading

Move to End “Internet Neutrality”: Blow to Bloggers. “Ten Pin Strike against Political Freedom”

If the cable and phone companies that transmit Internet data are allowed to charge higher rates to some producers for faster service the result will be “a ten pin strike against political freedom,” a prominent legal authority warns.

That’s because the change will enable the wealthy to “quickly take over the high speed transmissions (for their trash commercial content) just as they completely monopolize radio and TV, and just as their incredibly greedy profit-seeking has had a very deleterious effect on print journalism,” writes Lawrence Velvel, dean of the Massachusetts School of Law at Andover.

Continue reading

Ahmadinejad blasts West

DOHA: Iranian President Mahmoud Ahmadinejad yesterday called for developing an alternative economy in the face of the “total failure” of socialism and capitalism.

Addressing the plenary session of the International Conference on Financing for Development here, Ahmadinejad hit out against the “capitalist bloc”. Continue reading