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Information Clearing House
5 October, 2008: Weekend Edition: Wall Street Financiers Cash in on Crisis

Number Of Iraqis Slaughtered Since The U.S. Invaded Iraq “1,273,378"
www.justforeignpolicy.org/iraq/iraqdeaths.html

Number of U.S. Military Personnel Sacrificed (Officially acknowledged) In America’sWar On Iraq 4,177
icasualties.org/oif/
 
The War And Occupation Of Iraq Costs
$559,718,491,578
See the cost in your community
nationalpriorities.org/index.php?option=com_wrapper&Itemid=182

When is a Holocaust Not a Holocaust?
By William Blum
When is a holocaust not a holocaust? When the perpetrators call it a victory.
www.informationclearinghouse.info/article20943.htm

Britain’s Ambassador to Afghanistan Says US strategy is Failing
By Julian Borger, diplomatic editor and Simon Tisdall in Washington
According to the published memo, he also says the elected Afghan government of Hamid Karzai had lost all trust, and that it would be a “positive thing” if in five to 10 years, after the departure of British troops, the country was governed by “an acceptable dictator”.
www.informationclearinghouse.info/article20945.htm

Georgia’s Saakashvili: Freedom Fighter or Rights Abuser?
By Tom Lasseter
An influential group of Georgian opposition leaders has mounted a blistering political campaign against U.S.-backed President Mikheil Saakashvili, accusing his government of running an autocratic regime that tramples human rights and stifles democracy.
www.informationclearinghouse.info/article20944.htm

South Africa: The Liberation’s Betrayal
By John Pilger
John Pilger describes the ‘social and economic catastrophe’ that replaced the African National Congress’s ‘unbreakable’ promise’ to end the poverty of the majority.
www.informationclearinghouse.info/article20942.htm

Haiti: In Solidarity with its Five Freedoms
By James Petras
Today the acid test for all democrats in North and South America is the issue of the military occupation of Haiti ,the economic pillage and denial of elementary political and human rights of the Haitian people.
www.informationclearinghouse.info/article20948.htm

The Problems of Latin America and the Caribbean
By Noam Chomsky
Inspired in part by developments in Venezuela, Bolivia has forged an impressive path to true democratization in the hemisphere, with large-scale popular initiatives and meaningful participation of the organized majority of the population in establishing a government and shaping its programs on issues of great importance and popular concern, an ideal that is rarely approached elsewhere, surely not in the Colossus of the North, despite much inflated rhetoric by doctrinal managers.
www.informationclearinghouse.info/article20941.htm

Bail-out leads to conflict of interest claims as
Wall Street Financiers Cash in on Crisis
By Tim Shipman
New questions have been raised about the $700 billion economic bail-out of the US economy as President George W. Bush warned that the world may have to wait weeks for the benefits of the rescue package to be felt.
www.informationclearinghouse.info/article20949.htm

The Epoch of Imperialism
Did Vladimir Lenin Predict The Banking Disaster Of 2008?
By V. I. Lenin
The epoch of imperialism opens when the expansion of colonialism has covered the globe and no new colonies can be acquired by the great powers except by taking them from each other, and the concentration of capital has grown to a point where finance capital becomes dominant over industrial capital. Lenin enumerated the following five features characteristic of the epoch of imperialism:
www.informationclearinghouse.info/article20946.htm

The Bush Doctrine & The 9/11 Commission Report:
Both Authored by Philip Zelikow
By David Ray Griffin
The document in which the Bush Doctrine was first fully articulated---the 2002 version of The National Security Strategy of the United States of America (NSS 2002) [pdf]---was written by the same person who was primarily responsible for the 9/11 Commission’s report: its executive director, Philip Zelikow.
www.informationclearinghouse.info/article20947.htm

Turkey vows strong action as 38 killed in Kurdish rebel violence:
Turkey on Saturday vowed a strong response after 15 Turkish soldiers and 23 Kurdish rebels were killed in heavy clashes sparked by a rebel attack on a military post near the Iraqi border.
tinyurl.com/4hqj7g

U.S. raid kills 11 family members :
“US troops killed 11 people from one family while conducting a dawn raid on a house in the 17 Tammuz neighborhood, western Mosul,” the source told Voices of Iraq (VOI) news agency.
tinyurl.com/4sm85m

US threatened to seize Iraqi assets unless they support status of forces agreement:
“Washington threatened to use any means to seize Iraqi assets if we do not support the security pact,” Talabani was quoted as saying.
tinyurl.com/4hdqvu

Negroponte on surprise Iraq visit:
The Status of Forces Agreement (SOFA) will be high on the agenda, as it has run into problems and Negroponte has long held the reputation of being America’s diplomatic strong-arm man.
www.presstv.ir/detail.aspx?id=71249&sectionid=351020201

Another 20 people killed by US airstrike in Pakistan:
Two Hellfire missiles fired by a drone aircraft hit a house in Mohammad Khel village, 25 km west of Miranshah, the main town in North Waziristan, late Friday.
tinyurl.com/4wfhg5

Pakistanis bury ‘US strike’ dead:
Pakistani villagers have collected the corpses and body parts of at least 20 people killed by a reported US strike.. akistan says the attacks violate its sovereignty, kill civilians and anger the local population, making it harder to tackle the militants.
news.bbc.co.uk/2/hi/south_asia/7652614.stm

Pak Taliban chief makes public appearance amid reports of death:
Amid conflicting reports about his death following prolonged illness, Pakistani Taliban chief Baitullah Mehsud made an appearance in a remote village in the country’s restive tribal region, witnesses have claimed.
tinyurl.com/49n6b4

American al-Qaida member urges Pakistanis to unite, establish Islamic state:
An American member of al-Qaida is calling on Pakistanis in an English-language video message to put aside differences and establish an Islamic state.
tinyurl.com/46t657

Pakistan’s foreign reserves crisis deepens:
Pakistan’s foreign reserve crisis deepened further yesterday as the central bank said it had lost around $700mn in just a week.
tinyurl.com/43q22k

20 killed in Afghan violence:
UP TO 21 suspected militants linked to the Taliban were killed in a series of operations by Afghan and international forces in Afghanistan, officials said on Saturday.
www.straitstimes.com/Breaking+News/
World/Story/STIStory_286028.html

War on Taliban cannot be won, says army chief:
Britain’s most senior military commander in Afghanistan has warned that the war against the Taliban cannot be won. Brigadier Mark Carleton-Smith said the British public should not expect a “decisive military victory” but should be prepared for a possible deal with the Taliban.
www.timesonline.co.uk/tol/news/uk/article4882597.ece

British Ambassador: Best Solution For Afghanistan Is An “Acceptable Dictator”:
A coded French diplomatic cable leaked to a French newspaper quotes the British ambassador in Afghanistan as predicting that the NATO-led military campaign against the Taliban will fail. That was not all. The best solution for the country, the envoy said, would be the installation of an “acceptable dictator,” according to the newspaper.
www.huffingtonpost.com/2008/10/03/british
-ambassador-best-s_n_131812.html

Britain: Afghanistan mission not doomed:
The British government on Saturday denied a claim that the U.K. believes the military campaign in Afghanistan is doomed to failure, after a French newspaper quoted a report that London’s ambassador to Kabul said foreign troops added to the country’s woes.
tinyurl.com/3lqs65

German FM wants special forces out of Afghanistan:
Germany’s foreign minister says he wants to lift the mandate keeping German special commandos in Afghanistan. Frank-Walter Steinmeier is quoted by Der Spiegel magazine on Saturday as saying German military commandos stationed in Afghanistan have not participated in a single mission. Three years ago Germany agreed to keep up to 100 special forces troops in Afghanistan.
tinyurl.com/47h57h

Destitute and confused: bleak future for refugees caught in the crossfire:
Residents of grim camp tell of clashes between coalition forces and the Taliban
www.guardian.co.uk/world/2008/oct/03/afghanistan.pakistan

Russia blames Georgia for South Ossetia blast:
A senior Russian peacekeeping officer was among seven soldiers killed yesterday when a car blew up at the Russian peacekeepers’ base in Tskhinvali, the South Ossetian capital, the Russian military said.
www.sabcnews.com/world/other/0,2172,177792,00.html

Georgia warned against anti-Iran alliance:
A senior Russian official has warned that Georgia’s involvement in a probable US war against Iran will pose a threat to Moscow’s national security, PressTV reported.
www.iranmania.com/News/ArticleView/Default.asp?NewsCode=62027

French foreign minister to Haaretz:
Israel will act before Iran gets the bomb: Israel has always said that it will not wait for the bomb to be ready. I think that they [the Iranians] know. Everybody knows,” he said.
www.haaretz.com/hasen/spages/1026323.html

Iran – an attack is still possible:
Prime Minister Ehud Olmert hinted at operations carried out by Israel “in order to kick-start the international campaign” against Iran.
www.haaretz.com/hasen/spages/1026341.html

Olmert to head to Russia for talks on missiles sale to Iran:
The Israeli military establishment is becoming increasingly concerned over talks between Russia and Iran about the sale of S-300 antiaircraft missiles to Tehran. The deployment of these missiles would pose a major obstacle to any Israel Air Force operation against Iranian nuclear facilities.
www.haaretz.com/hasen/spages/1026306.html

IAEA calls for nuke-free ME:
The IAEA member states have called for a nuclear free Middle East to send a strong message to Israel, the only nuclear country in the region.
www.presstv.com/detail.aspx?id=71304&sectionid=351020206

U.S. Radar in Israel: What’s it For, Really?:
A few weeks back, the U.S. Army’s European Command set up an early-warning radar system in Israel. It’s ostensible purpose is to boost defenses against Iranian missiles. But Entropic Memes wonders whether there isn’t something more to this radar than meets the eye.
blog.wired.com/defense/2008/10/israel-radar-mi.html

Israel vows to use disproportionate (again) force in future Lebanon war:
Israel would use ‘disproportionate’ force to destroy Lebanese villages from which Hezbollah guerrillas fired rockets at its cities in any future war, an Israeli general said in remarks published on Friday.
story.irishsun.com/index.php/ct/9/cid/
2411cd3571b4f088/id/414465/cs/1/

Tunnels feed besieged Gaza:
Hundreds of tunnels under the border between the Gaza Strip and Egypt are keeping many of the Palestinian territory’s 1.5 million impoverished residents supplied with food and fuel.
tinyurl.com/4whek2

Reports: 8 killed in Algeria recent fighting:
Local media say militants have ambushed a town and killed six communal guards, while separately a security sweep has left two militants dead.
www.iht.com/articles/ap/2008/10/04/africa/AF-Algeria-Violence.php

80 killed in Somalia fighting: UN:
At least 80 civilians were killed and more than 100 others injured in violence in the Somalian capital Mogadishu in the last week of September, the United Nations said on Friday.
www.dawn.com/2008/10/04/int14.htm

Somalis resist U.S.-backed occupation:
During the last week of September, unprecedented fighting took place in several areas of the east African nation of Somalia. This rising tide of armed conflict is directly related to the resistance efforts of the Somali people against the occupation of their country by the military forces of neighboring Ethiopia.
www.workers.org/2008/world/somalia_1009/

Zimbabwe on the brink of new crisis as food runs out:
As President Mugabe and opposition MDC leaders wrangle over cabinet appointments, millions face starvation in a catastrophe created by economic chaos and the dramatic collapse of commercial farms
www.guardian.co.uk/world/2008/oct/05
/zimbabwe.internationalaidanddevelopment

Haiti raises storm death toll to nearly 800:
Authorities still looking for bodies after four storms ravaged nation
www.msnbc.msn.com/id/27014755/

Evo Morales rejects US anti-drug ‘control,’:
“It’s important that the international community knows that here, we don’t need control of the United States on coca cultivation,” the president told a gathering of coca farmers. “We can control ourselves internally. We don’t need any spying from anybody.”
www.courant.com/news/nationworld/sn
s-ap-lt-bolivia-us-drugs,0,6090719.story

Morales blocks US “anti-drug” flights:
Bolivian President Evo Morales has rejected a request from the U.S. Drug Enforcement Administration to fly anti-narcotics missions over the South American nation’s territory, state media reported Thursday.
www.dailynews.lk/2008/10/04/wld08.asp

Correa Threatens to Expel Foreign Oil Companies Over Output:
The companies, have dragged their feet in contract negotiations in which Correa wants a greater share of oil income. – ``Don’t play with fire,’’ he said. ``Invest and recover production or you will leave the country.’’
www.bloomberg.com/apps/news?pid=2060
1072&sid=av0XV7SnCqlM&refer=energy

Venezuela interrogates ex-minister:
A former Venezuelan defence minister, who is now a prominent critic of Hugo Chavez, the president, was briefly detained amid allegations of corruption.
english.aljazeera.net/news/americas/
2008/10/20081044613134573.html

Prices for 16 basic food items shoot up in third quarter:
Retail prices for flour, potatoes, cheddar cheese and apples showed the largest increases in the quarter. A 5-pound bag of flour cost $2.62, up 37% from a year earlier, while 5 pounds of potatoes rose 32% to $3.38. Prices for cheddar cheese and apples surged 21%.
www.latimes.com/business/la-fi-food3-2008oct03,0,5925638.story

Palin Accuses Obama of ‘Palling Around With Terrorists’:
“This is not a man who sees America as you see America, and as I see America,” Palin said. “Our opponent, though, is someone who sees America, it seems, as being so imperfect — imperfect enough that he’s palling around with terrorists who would target their own country. Americans need to know this. … I think, OK we gotta get the word out.
elections.foxnews.com/2008/10/04/palin
-accuses-obama-palling-terrorists/

At home with the Palins: ‘struggling working-class Americans’ worth $1.2m:
Her governor’s salary brought in $125,000 (£71,000), while her husband Todd earned almost $100,000 from his part-time job at BP, combined with income from commercial fishing. The couple appeared to be worth at least $1.2m
tinyurl.com/3fbsr5

Food Stamp Participation Increases As Economy Slows:
Almost a million more people participated in the federal government’s food stamp program for the needy between April and July, according to the U.S. Department of Agriculture, which oversees the program.
tinyurl.com/4469cm

Europe calls for global summit on bank crisis:
Gordon Brown and other European Union leaders called last night for a global economic summit to ‘rebuild the world’s financial system’
www.guardian.co.uk/politics/2008/oct/04/paris.economy

Former IMF economist warns of global recession:
Simon Johnson, the former chief economist of the International Monetary Fund, warned of a global recession as a result of the devastating financial crisis that has struck the United States and Europe.
tinyurl.com/479df9

The party’s over for Iceland: Iceland is on the brink of collapse.
Inflation and interest rates are raging upwards. The krona, Iceland’s currency, is in freefall and is rated just above those of Zimbabwe and Turkmenistan
www.guardian.co.uk/world/2008/oct/05/iceland.creditcrunch

The new masters of the universe?:
Chinese growth still at 8 or 9% – US consumer is ‘toast, done, finished’
www.guardian.co.uk/business/2008/oct/02/creditcrunch.china

AIG draws down $61 billion of its Fed loan:
The emergency loan was supposed to buy the company time to sell its assets in an orderly way. But the sell-off has not yet begun, and now the insurer faces the added pressure of trying to sell the businesses as potential buyers are having trouble borrowing money.
www.chron.com/disp/story.mpl/business/6039279.html

Officials Refuse to Provide Details on Secret Previous Bailout:
Top government officials are refusing to provide details on a secretive deal it made to manage billions in assets from an earlier bailout.
abcnews.go.com/Blotter/story?id=5930875

Banks are hoarding cash, raising borrowing costs and slowing economies :
Americans’ lack of financial sophistication is a cause, not just a symptom, of the credit crunch, said James Bowers, managing director of the Center for Economic and Entrepreneurial Literacy, a nonprofit group in Washington.
tinyurl.com/4wjkth

Smoke, mirrors … and how a handful of missed mortgage payments started the global financial crisis:
How did a few dodgy sub-prime mortgages in American inner cities lead to what is beginning to look like the collapse of capitalism?
tinyurl.com/4h4xgg

The Problem Is Still Falling House Prices:
Because of the 20% fall in the price of homes since the bursting of the house-price bubble, there are now some 10 million homes with mortgages that exceed the value of the house.
tinyurl.com/45kn23

Foreclosures: Did God Want You to Get That Mortgage?:
Has the so-called Prosperity gospel turned its followers into some of the most willing participants – and hence, victims – of the current financial crisis? That’s what a scholar of the fast-growing brand of Pentecostal Christianity believes.
www.time.com/time/business/article/0,8599,1847053,00.html

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