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POPSTell me again how the Stimulus is going to work? And please, tell me again how sending more of our debt fueled "spending" to Chinese electronic manufacturers is going to save us? Can ANYONE see reality anymore? Or are we just going to keep playing out the tired old party lines as our once great nation falls? GLOBALIZATION did this to us. NOT subprime mortgages.
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POPSAhmadinejad Quotes "How can the crimes of the occupiers against defenseless women and children and destruction of their homes, farms, hospitals and schools be supported unconditionally by certain governments, and at the same time, the oppressed men and women be subject to genocide and heaviest economic blockade being denied of their basic needs, food, water and medicine," the Iranian President stated.
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POPSG-20 Summit Begins The speakers at the rally were diverse internationally, if not philosophically. They included Walden Bello, an antiglobalist professor at the University of the Philippines and representative in that country's Congress; James Quilligan, economic adviser to former President Jimmy Carter, former Canadian Prime Minister Pierre Trudeau and former French President Francois Mitterand; and Anna Pinto, program director of the Center for Organization, Research and Education in northeast India. Generally, the speakers believe the G-20 controls the global economy on behalf of banks and transnational corporations, at the expense of most citizens. "The G-20 as a mechanism to save globalization is doomed to fail," Bello said. Quilligan mocked security preparations, including plans for more than 3,000 police officers downtown, as the "biggest mobilization of security in Pittsburgh history since the French and Indian War."
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POPSJapan Abandons America During the run-up to the election, Hatoyama’s finance minister told the bbc he was worried about the future value of the dollar, and that if his party were elected in the upcoming national elections, it would refuse to purchase any more U.S. treasuries unless they were denominated in Japanese yen. Japan is the world’s second-largest economy. It is also America’s second-most-important creditor. The U.S. government owes Japan over $724 billion! The only nation America owes more money to is China ($800 billion). The U.S. also imports $140 billion worth of goods from Japan each year. If Japan were to follow through with its threat to only lend in yen, the dollar would probably fall hard. What would that mean? America gets more expensive consumer goods, higher unemployment, and currency inflation. If other nations like China follow suit, we would be looking at a currency crisis—Zimbabwe-style.
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POPSKeep telling yourself that offshoring was good for us US Tool, machine builder and other industrial companies on the brink. We have been lied to about globalization and the realization that we offshored our prosperity for temporary profits will eventually become undeniable to all. Sadly, it will come too late. This mess is a government greed vs. America's backbone and the backbone lost. Wake up people before YOUR industry is destroyed like American manufacturing was.
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POPSThe USS America is Sinking Japan is the world’s second-largest economy. It is also America’s second-most-important creditor. The U.S. government owes Japan over $724 billion! The only nation America owes more money to is China ($800 billion). The U.S. also imports $140 billion worth of goods from Japan each year. If Japan were to follow through with its threat to only lend in yen, the dollar would probably fall hard. What would that mean? America gets more expensive consumer goods, higher unemployment, and currency inflation. If other nations like China follow suit, we would be looking at a currency crisis—Zimbabwe-style. America’s ship of state is sinking. Japan’s lifeboat has already left.
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POPSFollow the Money - Who Profits from War? You'd think with all the information flowing around the world, that some of the killing would go down. I can't help but wonder if making money off selling arms and ammunition to nearly all comers helps fuel the countless deaths?
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POPSEuropean anti Semite gets Presidential Medal of Freedom Mary was in charge of the infamous Durban I so-called anti racism conference, which turned into an anti Semitic festival. When she was replaced as UNHRC, Richard Holbrooke (today one of Obama's most senior diplomats) commented, "I think Sergio is much better than Mary Robinson. I think she overly politicized the job." But wait. There's more: The trouble starts with Robinson's tenure as president of Ireland. During the last four years of Robinson's tenure, the European Union donated large sums of money to the Palestinian Authority. Ireland even held the presidency of the European Union for the second half of 1996. During this time, Arafat siphoned large amounts of European aid money away to pay for terror. Robinson can plead ignorance, but documents seized during the recent Israeli incursion into the West Bank revealed that the Palestinian Authority spent approximately $9 million of European Union aid money
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