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Escaping the Economic Black Hole

Escaping the Black Hole
by dd jango
Recently, many very smart people became very scared about the start-up of the Large Hadron Collider in Switzerland. They're afraid that the collider's activities will cause the creation of a black hole and, well, bye-bye Earth. The machine has been on-line for a short while now; no black hole yet. Maybe later.

I am certainly not either a quantum physicist or an astronomer. But I think it goes like this: as a star dies, it collapses in on itself, creating a mass with such enormous gravity as to suck in everything near it, including light. Scary, I agree. Instead of worrying about the LHC's potential for such an event, however, we would do well to turn our concern to an existing vortex - American presidential and other national-level politics.
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Israeli Navy Fires on Palestinian Fishers

Israeli Navy Fires on Palestinian Fishers
by Free Gaza

The footage, taken on September 6 by Andrew Muncie, who is from the Highlands, shows an Israeli gunboat engaging fishing boats while international observers hold their arms in the air and scream for them to stop firing. 
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China Calls for New World Economic Order

Wall Street Teeters, the Empire and China Shake
Markets nosedive, recession spreads, world financial system shaken.

Markets in New York were rocked again on Wednesday as anxieties about the financial system ran high after the government's bailout of insurer American International Group left investors with little confidence in many banking stocks.
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Plunder! Reviewing the Economic Situation

Reviewing Danny Schechter's "Plunder"
by Stephen Lendman
Danny Schechter is a media activist, critic, independent filmmaker, TV producer as well as an author of 10 books and lecturer on media issues. Some call him "The News Dissector," and that's the name of his popular blog on media issues.
He's also co-founder of Media It covers the "political, cultural and social impacts of the media," and provides information unavailable in the mainstream.

Schechter's books include Media Wars; Embedded - weapons of Mass Deception; The Death of Media; The More You Watch The Less You Know; and his newest and subject of this review, Plunder. Subtitled: Investigating Our Economic Calamity and the Subprime Scandal, Schechter examines the fallout from the current economic and financial crisis.
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Israel: Change of the Guard

Livni poised to be next Israeli PM
Daniel Levy: Livni supports two state solution but no sign willing to make meaningful compromise.

According to Israeli TV exit polls Foreign minister Tzipi Livni has won the Kadima party primary. Although the results are by no means conclusive, the exit polls gave Livni a victory of 47.2 % 
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Declaration on Bolivia Santiago de Chile

September 15 UNASUR Declaration on Bolivia Santiago de Chile
The heads of state and the government of Unasur, meeting in the Palace of the Moneda, Santiago de Chile, September 15 2008, with the purpose of considering the situation in the Republic of Bolivia and remembering the tragic episodes 35 years ago in this very place that shocked all humanity:

Considering the the constitutive treaty of Unasur, signed in Brasilia on May 23rd 2008, enshrines the principles of unrestricted respect for sovereignty, of the non-interference in internal affairs, of the integrity and inviolbility of territory, of democracy and its institutions and the unrestricted respect of human rights;
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Winter Soldiers Speak

BOOKS-IRAQ: "We Blew Her to Pieces"
Inter Press Service
by Dahr Jamail
Aside from the Iraqi people, nobody knows what the U.S. military is doing in Iraq better than the soldiers themselves. A new book gives readers vivid and detailed accounts of the devastation the U.S. occupation has brought to Iraq, in the soldiers' own words.

'Winter Soldier Iraq and Afghanistan: Eyewitness Accounts of the Occupation,' published by Haymarket Books Tuesday, is a gut-wrenching, historic chronicle of what the U.S. military has done to Iraq, as well as its own soldiers.
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Six Questions for Bart Gellman

Six Questions for Bart Gellman, Author of Angler
by Scott Horton
Last June, Bart Gellman’s four-part series in the Washington Post gave us an extraordinary portrait of Dick Cheney, the most powerful vice president in America’s history. The series, called “Angler”–after the Secret Service’s codename for Cheney–was co-authored with Jo Becker and received this year’s National Reporting Pulitzer Prize (Gellman’s second Pulitzer).
Now Gellman has furnished the definitive portrait of the Cheney vice presidency in a book released today, also called Angler. It’s full of new disclosures about Cheney’s extraordinary skills as a power broker and his peculiar but highly influential views about a government in which a balance of powers is replaced with a clearly ascendant executive branch.
I put six questions to Bart Gellman about his new book.
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Palin's Book Ban Issue

Just What Does Palin Not Want Read?
by Shelley Bluejay Pierce
Good morning everyone; I received many emails about the Palin's book ban issue. I wanted to respond immediately to many of those comments, but I HAD to wait (often the HARDEST thing we have to do at critical times is WAIT!).
Now, I can speak out as to WHY I posted that information thanks to a major media network getting the facts out before I could.
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The Solid Core Behind the Financial Crisis

Creative Destruction: The Solid Core Behind the Financial Crisis
by Chris Floyd
Do you get it now? The rich and powerful spend years making foolish deals in a market they rigged with the connivance of utterly corrupted politicians on both sides the aisle; their fraudulent scheme finally collapses, exposing them to some of the most horrific financial losses in history....and YOU will have to pay for it. For generations. Not only directly, with the tax money straight from your pocket, but even more so in the further degradation of national life: infrastructure, services, programs, amenities that will be starved or abandoned as even more of the government's money is poured out to shield the wastrel elite from suffering the consequences of their own rapacious folly.

And with all the talk of a "new Cold War," who knew that it would be Washington and Wall Street, not the Kremlin, who resurrected socialism in the 21st century, in what the Times called "the most radical intervention in private business in the central bank’s history"? Socialism for the rich only, to be sure. Ole Joe "Bankruptcy Bill" Biden and his bipartisan cohorts in Congress have long made sure that any ordinary citizen -- especially the old, the sick, the poor, the most desperate -- will be squeezed to the last drop to pay off their debts, even if these were incurred through illness or misfortune. But for our boardroom Bolsheviki, the state is always there, to cushion and to coddle.

And who knew there was so much money in the federal coffers?

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The End of (Capitalist) History?

The End of (Capitalist) History?
by William Bowles
After the Soviet Union collapsed, Francis Fukuyama published his now utterly discredited book, ‘The End of History’, which told of a glorious future, a capitalist paradise, where we would all be rich, eventually, when the wealth unleashed by an unfettered capitalism would ‘trickle down’ to us in that best of all possible worlds, ‘free market’ capitalism, where the market would take care of everything.

In an article by arch-conservative Arnoud de Borchgrave, titled ‘Bandit Capitalism?,’ amazingly, we read of a catalog of disasters that have befallen capitalism since the days of the S&L debacle back in the 80s, yet by some sleight-of-hand he manages to avoid connecting the dots.
From Enron to Worldcom, billions have been siphoned off leaving hundreds of thousands of workers without jobs or pensions.
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