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Black Friday?
By Mike Whitney
Panic has spread to stock markets around the world. A massive
sell-off, which began when Henry Paulson announced a $700 billion bailout for
the banking system, has turned into a global stampede.
http://www.informationclearinghouse.info/article20986.htm
===
A Solution?
By Paul Craig Roberts
Does the US have the leadership to realize the problem and to
deal with it?
http://www.informationclearinghouse.info/article20985.htm
===
How to Save the U.S. Economy
By Richard C. Cook
Everything being suggested by the Obama/McCain campaigns is
based on the failed Keynesian formula.
http://www.informationclearinghouse.info/article20987.htm
===
America As Superpower: Shaken, Not Deposed
By Howard LaFranchi
"The declinists predicting America's demise as the preeminent
global power are in overdrive with the financial crisis, and the declinists are
wrong once again," says Robert Lieber, professor of government at Georgetown
University in Washington and author of "The American Era."
http://www.informationclearinghouse.info/article20978.htm
===
The Surge That Failed
Afghanistan Under the Bombs
By Anand Gopal
As he rounded the corner, he saw a crowd of people, villagers
and factory workers, gathered around his destroyed house. An American bomb had
flattened it into a pancake of cement blocks and pulverized bricks. He ran
toward the scene. It was only when he shoved his way through the crowd and up
to the wreckage that he actually saw it -- his mother's severed head lying amid
mangled furniture.
http://www.informationclearinghouse.info/article20983.htm
===
Obama Threatens Dire Consequences if Iran Doesn't Change its
Ways
By Haaretz Service and News Agencies
U.S. Democratic presidential nominee Barack Obama told an
audience at the second U.S. presidential debate on Tuesday that he would
deliver a tough and direct message to Iran that if they did not change their
behavior there would be dire consequences.
http://www.informationclearinghouse.info/article20981.htm
===
Unrepentant and Unbreakable
The Time for Mordechai Vanunu is Now
By Rannie AmiriI
The pressure exerted by Israel in goading the United States to
attack Iran has been relentless, and thankfully, resisted up to now. In this
context, is there any better person to receive the Peace Prize than the man who
initially exposed the Middle East's first-and only-nuclear power over two
decades ago?
http://www.informationclearinghouse.info/article20982.htm
===
Many Approved Torture
Editorial
When it comes to the Bush administration's disgraceful decision
to torture terrorism suspects, there are plenty of officials to share the
shame.
http://www.informationclearinghouse.info/article20980.htm
===
Greg Palast and Robert F. Kennedy
Vote Rigging and Suppression Ahead of the 2008 Election
By Democracy Now!
Robert F. Kennedy. "A lot of Europeans wonder, why are
Americans so crazy? They keep reelecting this guy. Well, the answer is, we
don't. You know, they keep stealing these elections. And they stole it in 2000,
they stole it in 2004, and they're all set up to steal it again."
http://www.informationclearinghouse.info/article20984.htm
===
Senator Leahy Concerned about NorthCom's New Army Unit
By Matthew Rothschild
While it states that such support "does not include military
support to local law enforcement," there is a provision in the directive for
the military to take over functions of the civilian government.
http://www.informationclearinghouse.info/article20979.htm
===
'US using debts to blackmail Iraq':
Iraqi MPs say the US is using the country's debts as leverage
to force Baghdad into signing the Status of Forces Agreement (SOFA).
http://www.presstv.ir/Detail.aspx?id=71676§ionid=351020201
===
Turkey's military attacks rebels in northern Iraq:
Turkey's military says its warplanes and artillery units have
bombed and killed a large group of Kurdish rebels as they tried to infiltrate
Turkey from northern Iraq.
http://tinyurl.com/5xea8w
===
US: Pentagon rejects claims of 1991 nuclear explosion in Iraq:
Ryder was responding to claims made by a US veteran, and aired
on Italian television, that a small five-kilotonne nuclear bomb was dropped in
a deserted area outside the southern city of Basra, on the border of Iran.
http://www.adnkronos.com/AKI/English/Security/?id=3.0.2566841050
===
Iran bombs cross-border areas in Iraq:
Iran has bombed Kurdish rebel positions in villages along the
Iraq-Iran border on Thursday, a senior Iraqi official has said.
http://tinyurl.com/4hue22
===
Manufacturing Consent For An Attack On Iran:
Tehran could make 60 nuclear bombs in two years, says US
expert:
In an interview with AKI, Sokolski raised the alarm about
Iran's intentions, claiming that it would have sufficient plutonium after the
opening of the Bushehr plant to construct from 30 to 60 bombs.
http://www.adnkronos.com/AKI/English/Security/?id=3.0.2568914430
===
Manufacturing Consent For An Attack On Iran:
Russian scientist 'helped Iran with nuclear weapons
programme':
A Russian scientist may have helped Iran to design advanced
detonators whose only possible use would be in a nuclear weapon, according to
United Nations inspectors.
http://tinyurl.com/54oza8
===
Evidence grows that Israel is preparing to attack Iran:
Several recent developments leave the strong suggestion that
Israel is preparing to attack Iran -- with significant help from the United
States.
http://www.sacbee.com/110/story/1302631.html
===
Russia hints it won't sell advanced missiles to Iran:
A Russian Foreign Ministry official is suggesting Moscow won't
sell advanced anti-aircraft missiles to Iran.
http://www.haaretz.com/hasen/spages/1027637.html
===
Showdown ahead over 17 Guantánamo detainees:
The Justice Department says the judiciary does not have the
power to release Guantánamo detainees into the US.
http://www.csmonitor.com/2008/1010/p02s01-usju.html
===
Exclusive: Inside Account of U.S. Eavesdropping on Americans:
Despite pledges by President George W. Bush and American
intelligence officials to the contrary, hundreds of US citizens overseas have
been eavesdropped on as they called friends and family back home, according to
two former military intercept operators who worked at the giant National
Security Agency (NSA) center in Fort Gordon, Georgia.
http://abcnews.go.com/Blotter/story?id=5987804&page=1
===
Homeland Security's Space-Based Spying Goes Live:
While America's attention has shifted to the economic meltdown
and the presidential race between corporate favorites John McCain and Barack
Obama, The Wall Street Journal reported Wednesday that the Department of
Homeland Security's (DHS) National Applications Office (NAO) "will proceed with
the first phase of a controversial satellite-surveillance program,
http://www.inteldaily.com/?c=126&a=8374
===
States' Actions to Block Voters Appear Illegal :
Tens of thousands of eligible voters in at least six swing
states have been removed from the rolls or have been blocked from registering
in ways that appear to violate federal law
http://tinyurl.com/4f6yrg
====
John McCain's Rage is a National Security Concern:
His belligerence is legendary. Even conservative Senator Thad
Cochran of Mississippi has said, "He is erratic. He is hotheaded. He loses his
temper and he worries me."
http://mx.youtube.com/watch?v=fAyK-enrF1g
====
Who owns the IMF?:
The International Monetary Fund could be a vital institution in
the global economy - but only if reformed to reflect new realities
http://www.guardian.co.uk/commentisfree/2008/oct/08/interestrates.banking
===
Indonesian stock exchange halted indefinitely:
The president of the Indonesian stock exchange says trading
will be suspended indefinitely "to prevent deeper panic" after another huge
drop on Wall Street.
http://tinyurl.com/4y3vxu
===
Russia's Crash `Pretty Much the Same' as 1929, Micex Chief
Says:
The 67 percent decline in Russian equities this year resembles
the U.S. stock market crash of 1929 because of the damaging effect of highly
leveraged investors, the head of Russia's Micex Stock Exchange said.
http://tinyurl.com/4kq53b
===
Russian President Endorses Emergency G8 Summit;
Russian President Dmitry Medvedev Friday endorsed the idea of
an emergency Group of Eight summit on the global financial crisis but insisted
on major developing countries such as China and India being included.
http://tinyurl.com/3epmy4
===
Putin: US image damaged forever over economy woes: -
The financial crisis has irreparably damaged the image of the
U.S. as the leader of the free world and the global economy, Russian Prime
Minister Vladimir Putin said Thursday.
http://news.yahoo.com/s/ap/20081009/ap_on_re_eu/eu_russia_putin
====
Financial Crisis: Gordon Brown demands £20 bn 'British money'
from Iceland:
The Prime Minister said Britain would seize the assets of
Icelandic companies and take "further action against the authorities" over the
collapse of the island's banks.
http://tinyurl.com/4vmgws
====
Selling frenzy persists as gobal stocks dive:
Global stocks dove head first to five-year lows on Friday at
the end of a brutal week as even the traditional safe-havens of gold and
government bonds suffered as fear-stricken investors sought refuge in cash.
http://uk.reuters.com/article/topNews/idUKTRE4990AL20081010
====
U.S. Weighs Backing Bank Debt:
Removing Deposit Insurance Limits Also on the Table
http://tinyurl.com/3pz94a
====
General Motors' market cap plunges to 1929 level;
Stocks fall in Europe and US: General Motors shares have fallen
13% and the market capitalisation is down to the level it was at in March 1929
- at about $4 billion. It had a market cap of $52 billion in 2000. The stock
has fallen 45% in the last month.
http://www.finfacts.ie/irishfinancenews/article_1014946.shtml
===
The current financial crisis is only the beginning:
One could argue that the banking crisis is just the cold sweat,
not the flu that follows it.
http://www.iht.com/articles/2008/10/09/business/col10.php
===
more here: http://tinyurl.com/dy6yy
Let us work towards Peace and Joy
Tom Feeley
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