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Information Clearing House
Mike Whitney: Black Monday? 29 September, 2008

Number Of Iraqis Slaughtered Since The U.S. Invaded Iraq “1,267,401"
www.justforeignpolicy.org/iraq/iraqdeaths.html

Number of U.S. Military Personnel Sacrificed (Officially acknowledged) In America’sWar On Iraq 4,174
icasualties.org/oif/
 
The War And Occupation Of Iraq Costs
$558,212,427,686
See the cost in your community
nationalpriorities.org/index.php?option=com_wrapper&Itemid=182

House Rejects $700 Billion Rescue Plan
29/09/08
The U.S. House of Representatives on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.
www.informationclearinghouse.info/article20895.htm

Black Monday? Global Investors vote “No” on Paulson’s Bailout       
By Mike Whitney
The bill is just Paulson’s way of carving a silver canoe for he and his brandy-drooling investor buddies so they can paddle away to some island paradise while the rest of us drown in a bottomless ocean of debt.
www.informationclearinghouse.info/article20900.htm

The Paulson Plan
The Rise Of The American Oligarch Class
By Robert Wenzel
Is the play for the Oligarchs to grab the banks, the assets and the mortgages and then inflate the money supply boosting the value of all these assets by trillions, while the rest of us simply get to deal with the price inflation as higher prices at the grocery store, the gas pump and everywhere else?
www.informationclearinghouse.info/article20892.htm

I’ve Watched the Economy for 30 Years. Now I’m Truly Scared
By Will Hutton
If more people understood what has happened in the British and American banking system, the financial crisis would only be containable by the immediate partial nationalisation of every bank in Britain and America..
www.informationclearinghouse.info/article20893.htm

The Rich Are Staging a Coup This Morning
By Michael Moore
After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies — who must soon vacate the White House — are looting the U.S. Treasury of every dollar they can grab.
www.informationclearinghouse.info/article20891.htm

A Shattering Moment In America’s Fall From Power
By John Gray
The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over.
www.informationclearinghouse.info/article20899.htm

In case you missed it
Bin Laden: Goal Is To Bankrupt U.S.
Al-Jazeera releases full transcript of al Qaeda leader’s tape
“We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah,” bin Laden said in the transcript. He said the mujahedeen fighters did the same thing to the Soviet Union in Afghanistan in the 1980s, “using guerrilla warfare and the war of attrition to fight tyrannical superpowers.”
www.informationclearinghouse.info/article20896.htm

In case you missed it
Bush Wants To Bankrupt America: There is Method To His Madness
By Sam Hamod
This plan is so obvious at this point that it is hard to believe because it is happening so fast and the Democrats and even conservative non- neo-con Republicans don’t realize what Bush and his neo-con buddies are up to.
www.informationclearinghouse.info/article3977.htm

Ahmadinejad Accepts Israel’s Right to Exist
By Peter Tatchell
The Iranian president has said he would accept a two-state solution if the Palestinians agree. So where are the headlines?
www.informationclearinghouse.info/article20898.htm

America Should Listen To Ahmadinejad
By Paul Craig Roberts
The hubris of Americans and their belief in U.S. “exceptionalism” would cause them to reject Ahmadinejad’s holding the US, its NATO puppets, and Israel accountable before the UN General Assembly. So successfully has Ahmadinejad been demonized by the propagandistic US media that his speech would be dismissed out of hand by the arrogance of those who regard themselves as the salt of the earth.
www.informationclearinghouse.info/article20897.htm

Iraq: Sunday: At least 51 Iraqis Killed in another bloody day of US occupation:
A significant number of small attacks left at least 51 Iraqis dead and another 138 wounded. The violence was spread out fairly evenly across northern and central Iraq.
tinyurl.com/48a9ax

Officials say 15 dead or hurt in Lebanon explosion:
A car bomb exploded near a military bus carrying troops to work in northern Lebanon on Monday, killing at least five people and wounding at least 21, Lebanese security officials said
tinyurl.com/4wungx

Syrian troops ‘dig trenches inside Lebanese territory’:
Syrian troops were allegedly digging long trenches between the regions of Rachaya and Haqel Ashty in the Kfarkouq area near the northern Lebanese border, according to Al-Mustaqbal newspaper on Sunday
www.dailystar.com.lb/article.asp?edition_id
=1&categ_id=2&article_id=96390

Syria says booby-trapped car smuggled from neighboring country:
Preliminary investigations revealed culprit of the explosion attack that took place in the Syrian capital on Saturday was affiliated with a hardline organization and that the car was smuggled from a neighboring country.
tinyurl.com/47bc52

Arab newspapers see Israel behind deadly bombing in Syria:
Israel’s Mossad spy agency was behind a deadly car bomb attack in Damascus on Saturday which killed 17 people, according to a columnist in the semi-official Jordanian daily Ad-Dustour. “It’s a US-backed Israeli conspiracy to destabilize the Syrian regime and create enough chaos to produce an opposition that would develop and grow under the sponsorship of Israel and the United States,”
www.dailystar.com.lb/article.asp?edition
_id=10&categ_id=2&article_id=96377

Pakistani Troops Kill 15 Militants At Afghan Border:
A spike in violence along Pakistan’s border has driven tens of thousands of people to seek refuge in eastern Afghanistan, the U.N. reported Monday
www.huffingtonpost.com/2008/09/29/pakistani-troops-kill-15_n_130194.html

Taliban attacks kill eight in occupied Afghanistan:
Seven people, including four police officers, were killed and 18 injured when a suicide bomber on a motorbike crashed into a police convoy on patrol in the town of Spin Boldak, near the Pakistani border on Sunday.
en.rian.ru/world/20080929/117229388.html

Rebels attack provincial chief in southern Afghanistan; 4 bodyguards killed:
The target of the attack late Sunday in the southern city of Kandahar was Mohammad Hashim, the provincial council chief in neighbouring Zabul province.
www.mytelus.com/ncp_news/article.en.
do?pn=world&articleID=3005108

US bombs kill 3 civilians die in Afghanistan: Police:
The claim was disputed by the coalition, which said its occupation troops killed two al-Qaida militants.
ap.google.com/article/ALeqM5hvWEqw
q3CrRvaQCmt21MfoYhjZJQD93FM7N80

Afghan policeman fires on U.S occupation troops, 1 dead:
A NATO official says an Afghan policeman opened fire on U.S. occupation troops inside a police station and killed an American soldier.
www.usatoday.com/news/world/2008-09-29-nato-afghanistan_N.htm

Taliban leadership denies report of Afghan talks:
Britain’s Observer newspaper said on Sunday the “unprecedented talks” involved a senior ex-Taliban member travelling between Kabul, the bases of the Taliban senior leadership in Pakistan, Saudi Arabia and European capitals.
tinyurl.com/4w4nuc

Bush Had No Plan to Catch Bin Laden after 9/11: –
New evidence from former U.S. officials reveals that the George W. Bush administration failed to adopt any plan to block the retreat of Osama bin Laden and other al Qaeda leaders from Afghanistan to Pakistan in the first weeks after 9/11. That failure was directly related to the fact that top administration officials gave priority to planning for war with Iraq over military action against al Qaeda in Afghanistan.
www.ipsnews.net/news.asp?idnews=44054

Russia blasts US:
“It has become crystal clear that the solidarity expressed by all of us after 9/11 should be revived through the concepts cleared of geopolitical expediency and built on the rejection of double standards when we fight against any infringements upon the international law – be it on the part of terrorists, belligerent political extremists or any others.”
www.thenews.com.pk/daily_detail.asp?id=138512

Six powers to ‘move forward’ on further steps against Iran: Rice:
The six powers trying to scale back Iran’s nuclear” ambitions” will “move forward” with further measures against Iran over its nuclear “defiance”, US Secretary of State Condoleezza Rice said here Monday.
news.yahoo.com/s/afp/20080929/pl_afp
/irannuclearpoliticsus_080929150712

Israel slams fresh Arab move to isolate it at IAEA:
Arab League states with Iran’s backing prepared to table a resolution called “Israel’s nuclear capabilities” urging all Middle East states not to test or develop atom bombs and not to stand in the way of a regional nuclear-free zone.
www.haaretz.com/hasen/spages/1025465.html

Olmert: Israel must quit East Jerusalem and Golan:
Outgoing Prime Minister Ehud Olmert said in remarks published Monday that Israel would have to withdraw from East Jerusalem and the Golan Heights if it was serious about making peace with the Palestinians and Syria.
www.haaretz.com/hasen/spages/1025411.html

Palestinian factions reject Hamas demand to hold unilateral dialogue with Fatah;
Hamas wanted to hold unilateral dialogue with Fatah first before opening the door for the rest of the factions, which rejected Hamas demands, the sources revealed.
news.xinhuanet.com/english/2008-09/28/content_10129105.htm

Fatah official admits U.S. vetoes national Palestinian dialogue:
A leader from Palestinian President Mahmoud Abbas’ Fatah movement on Sunday admitted that Washington vetoes talks between Fatah and its rival Hamas movement.
news.xinhuanet.com/english/2008-09/28/content_10129096.htm

Hugo Chavez wants Venezuela to build nuclear programme:
Venezuelan President Hugo Chavez has announced he wants the country to develop a nuclear programme with the help of Russia. He insists, as do the Iranians, that it would be for purely peaceful purposes.
tinyurl.com/534uvw

The American Dream?:
Medical costs force couples to divorce:
Rudy Friece had to divorce his wife of 48 years, Emily Friece, who has now passed away, so that she could get Medicaid for her chemotherapy treatments, which wouldn’t be provided to her if she remained married.
tinyurl.com/3sny7b

Five UK banks may qualify for US bailout package’:
“Britain’s five leading high street banks have as much as 95.3 billion pounds (USD 175 billion) of distressed assets on their books that may qualify for the American bailout scheme,” The Times reported.
tinyurl.com/4vm7ct

Dow falls 700: Blue chips off as much as 700 points at Monday low,
 Nasdaq off 6%: Stocks sell off as Wall Street begins to throw in towel on bailout
tinyurl.com/3jm2k7

Fed Pumps Further $630 Billion Into Financial System:
The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. The Term Auction Facility, the Fed’s emergency loan program, will expand by $300 billion to $450 billion. The European Central Bank, the Bank of England and the Bank of Japan are among the participating authorities.
tinyurl.com/4lq55c

Bank bailouts : U.S. Stock-Index Futures Retreat; Citigroup, Wachovia Slump:
Investor Marc Faber, who predicted the 1987 ``Black Monday’’ crash, said last week the rescue package may require as much as $5 trillion.
www.bloomberg.com/apps/news?pid=20601
103&sid=aRYu2sd9eqUI&refer=us

U.S. stocks hammered as Fed adds more liquidity:
U.S. stocks plunged Monday as the global credit crisis spread, with four bailouts in Europe and the takeover of Wachovia Corp. in the U.S. roiling securities, commodities and currencies markets and forcing major central banks to pump hundreds of billions of dollars more into the financial system.
tinyurl.com/3uvqjs

Protests on Wall Street – what the news media isn’t showing you?:
Hundreds of protestors demonstrated agains the proposed $700 Billion bail out plan for the finance and banking industry, yet the national news media in America didn’t even report it! Why not
hubpages.com/hub/Protests-on-Wall-Street-
--what-the-news-media-isnt-showing-you

Tories ‘bankrolled by the City wolves’ who made a killing from financial crash:
Party leader David Cameron has apparently accepted almost £2million from the wealthy financiers who are members of his exclusive ‘Leader’s Group’ dining club.
tinyurl.com/4n627v

Who is Henry Paulson?:
 According to the International Herald Tribune, Paulson “was one of the first Wall Street leaders to recognize how drastically investment banks could enhance their profitability by betting with their own capital instead of acting as mere intermediaries.” Paulson “stubbornly assert[ed] Goldman’s right to invest in, advise on and finance deals, regardless of potential conflicts.”
www.wsws.org/articles/2008/sep2008/paul-s23.shtml

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