BIG FIRM SUSPENDED; Prince & Whitely, 51-Year-Old House, Is Unable to Meet Its Obligations
In the midst of the severest market reaction in two months, the New York Stock Exchange announced yesterday that the 51-year-old firm of Prince Whitely, one of the largest and best known houses in Wall Street, had been suspended on its own admission that it was unable to meet its obligations. (Can we say Bear Stears?)
www.chartingstocks.net/2009/02/great-depression
-quotes-1929-vs-2008-have-we-learned-anything/
Number Of Iraqis Slaughtered Since The U.S. Invaded Iraq “1,311,696"
www.justforeignpolicy.org/iraq/iraqdeaths.html
Number of U.S. Military Personnel Sacrificed (Officially acknowledged) In America’sWar On Iraq 4,252
icasualties.org/oif/
The War in Iraq Costs
$600,587,398,006
See the cost in your community
nationalpriorities.org/index.php?option=com_wrapper&Itemid=182
Return of the War Party
By Patrick J. Buchanan
February 27, 2009 “The American Conservative” — -”Real men go to Tehran!” brayed the neoconservatives after the success of their propaganda campaign to have America march on Baghdad and into an unnecessary war that has forfeited all the fruits of our Cold War victory. Now they are back, in pursuit of what has always been their great goal: an American war on Iran.
informationclearinghouse.info/article22113.htm
The Fox Guarding the Chicken Coop
Dennis Ross and Iran
By Sasan Fayazmanesh
Who is Dennis Ross, what does he advocate, how was he positioned to become the adviser on Iran in the Obama Administration and what will he do to Iran if he gets the chance? Let me briefly review the case.
informationclearinghouse.info/article22111.htm
Hegemony or Survival
America’s Quest for Global Dominance
By Noam Chomsky
Chomsky indicates that America is just as much a terrorist state as any other government or rogue organization.
informationclearinghouse.info/article22114.htm
Exclusive: Taliban mediators, Afghan and Western Officials in Secret Talks
Video Report By Aljazeera
The deal involves the return to Afghanistan of Gulbbaldin Hekmatyar, the former prime minister, whose forces fight alongside the Taliban.
informationclearinghouse.info/article22115.htm
What About Bagram?
By William Fisher
In a brief filing in federal court last week, lawyers from Obama’s Department of Justice said they would adopt the same position taken by the George W. Bush administration – that detainees held at the Bagram air base in Afghanistan have no right to challenge their detention in U.S. courts.
informationclearinghouse.info/article22112.htm
The Geopolitical Great Game
Turkey and Russia Moving Closer
By F. William Engdahl
Despite the problems of the ruble and the weak oil price in recent months for the Russian economy, the Russian Government is pursuing a very active foreign policy strategy. Its elements focus on countering the continuing NATO encirclement policy of Washington, with often clever diplomatic initiatives on its Eurasian periphery.
informationclearinghouse.info/article22119.htm
Officials Claim Unelected Former General “Running The Country”
By Jonathan Cook in Nazareth
On Monday, Ehud Olmert, Israel’s outgoing prime minister, suspended Mr Gilad as his envoy to Egypt, responsible for negotiating a ceasefire with Hamas, after Mr Gilad called the prime minister’s truce conditions “insane”.
informationclearinghouse.info/article22118.htm
The Great Financial Crisis:
Interview of John Bellamy Foster
By Mike Whitney
The robbing of public funds to bailout private capital is now on a scale probably never before seen. A politicized, organized working class capable of understanding and reacting to that theft, and choosing thereby to restructure society, to meet real social, egalitarian needs is what is now to be hoped for.
informationclearinghouse.info/article22116.htm
Ron Paul : On The Collapse Of Capitalism
By Ron Paul
Nations will be redefined in this period.
informationclearinghouse.info/article22120.htm
America’s Two-Party System
By David Michael Green
The Republican party in America faces two grave problems today. One is Barack Obama, probably the most skilled and era-appropriate politician in a generation or more. – The other problem threatening the very life of the Republican Party today is the Republican Party
informationclearinghouse.info/article22117.htm
US occupation force solider killed in Baghdad:
A US soldier assigned to the Multi-National Force (MNF) died on Thursday due to injuries he sustained while conducting a patrol in Baghdad, the MNF said in a statement Friday.
www.kuna.net.kw/NewsAgenciesPublicSite/
ArticleDetails.aspx?id=1979087&Language=en
Army: Enemy fire caused copter collision in Iraq:
Enemy fire caused two U.S. Army helicopters to collide in Iraq last month, killing four American pilots from Fort Drum, officials at the northern New York military post said Friday.
www.syracuse.com/newsflash/index.ssf?/base/
news-30/123574105414180.xml&storylist=state
Iraq War may end, but plently of fighting left:
The Marines based at Camp Lejeune now know when their missions to Iraq will end, but they also know their deadly days of fighting overseas are far from over.
www.iht.com/articles/ap/2009/02/27/
america/Obama-Mission-Continues.php
Change? What change?:
Obama: ‘Our combat mission in Iraq will end’ Aug. 31, 2010:
He’ll keep 35,000 to 50,000 troops there in non-combat missions.
content.usatoday.com/communities/theoval/post/2009/02/63426627/1
Read the full speech here
www.whitehouse.gov/the_press_office/Remarks-of-President
-Barack-Obama-Responsibly-Ending-the-War-in-Iraq/
Change? What change?:
McCain backs Obama Iraq pullout plan:
“Overall it is a reasonable plan and one that can work and I support it,” McCain told Reuters.
uk.reuters.com/article/UKNews1/idUKTRE51Q3VH20090227
Afghan: Taliban has 10,000 to 15,000 fighters: —
Afghanistan’s interior minister says there may be between 10,000 and 15,000 Taliban fighting inside his country, and the insurgent group is operating across about 17 provinces.
snipurl.com/cseji
Afghans protest alleged NATO gunshots in mosque:
Hundreds of people blocked roads and fought with police in southern Afghanistan on Friday over unconfirmed reports that Polish troops fired guns in a village mosque, in a protest underscoring Afghans’ growing mistrust of international forces.
snipurl.com/csek5
Change? What change?:
Drone Attacks Inside Pakistan Will Continue, CIA Chief Says:
“Nothing has changed our efforts to go after terrorists, and nothing will change those efforts,” Panetta said in response to questions about CIA missile attacks, launched from unmanned Predator aircraft.
www.washingtonpost.com/wp-dyn/content/
article/2009/02/25/AR2009022503584_pf.html
Israel launches campaign against UN nuke watchdog chief:
Israel’s Atomic Energy Commission (AEC) recently intensified its attacks on the director general of the International Atomic Energy Agency, Dr. Mohamed ElBaradei. The AEC, one of the most classified bodies in Israel.
www.haaretz.com/hasen/spages/1067072.html
Olmert warns Iran over nuclear plant:
Israel’s outgoing Prime Minister Ehud Olmert shot a thinly-veiled warning at Iran on Thursday after its “arch-enemy” announced the completion of its first nuclear power plant.
www.google.com/hostednews/afp/article/
ALeqM5iCpL1iCM2OCmOC-4dvsx5nrBog2A
US repeating old Iran lies at UN:
Iran’s UN envoy has criticized the new US ambassador, who accused Tehran of supporting terrorism and attempting to develop nuclear weapons.
www.presstv.ir/detail.aspx?id=86904§ionid=351020101
Russia is “not part” of European plan to increase sanctions on Iran – Churkin:
Russian UN envoy Vitaly Churkin on Friday said his country is “not part” of the European intention to increase sanctions on Iran following the IAEA’s latest report on Tehran’s nuclear activities, and suggested to wait for the US-Iranian dialogue.
www.kuna.net.kw/NewsAgenciesPublicSite/
ArticleDetails.aspx?id=1979198&Language=en
Iran threatened with economic meltdown:
The sharp downward spiral of oil prices has prompted economists to predict that Tehran is facing severe financial hardship within the space of a few months.
news.bbc.co.uk/2/hi/business/7907326.stm
Eight policemen among 50 killed in Somalia chaos:
The Deputy Commander of the Somali Police Force, General Yusuf Dhumal has confirmed that 42 civilians and eight policemen died during three days of clashes in Mogadishu this week. He also said that 125 civilians and 11 policemen were wounded.
www.nation.co.ke/News/africa/-/1066/535710/-/13r85i9z/-/index.html
50 killed in south Sudan fighting:
Fighting in the key south Sudan town of Malakal this week has killed some 50 people and left another 100 wounded, a UN official said yesterday.
snipurl.com/csep4
Officers’ bodies found after Bangladesh mutiny ends Video:
The deadly extent of a military revolt in Bangladesh is starting to emerge after the bodies of dozens of people were pulled from drains and found in shallow graves in the capital, Dhaka.
www.youtube.com/watch?v=Gs4I_BfFZU8&feature=channel_page
Private military companies to supersede regular armies:
They are licensed by the State Department; they are contracting with foreign governments, training soldiers and reorganizing militaries in Nigeria, Bulgaria, Taiwan, and Equatorial Guinea. The PMC industry is now worth over $100 billion a year.
english.pravda.ru/world/europe/107146-private_military_company-0
Argentina condemns CIA warning:
The Argentinian government has angrily criticised Leon Panetta, the new director of the CIA, for warning of a potential economic crisis in the country.
english.aljazeera.net/news/americas/
2009/02/200922702816325210.html
Obama backs Moon return in NASA budget:
NASA will stay on track to return humans to the Moon by 2020, according to an overview of President Obama’s 2010 budget request released on Thursday.
www.newscientist.com/article/dn16676-obama
-backs-moon-return-in-nasa-budget.html
Arsonists Torch Berlin Porsches, BMWs on Economic Woe :
When Berlin resident Simone Klostermann returned from vacation and couldn’t find her Mercedes SLK, she thought it had been towed. Police told her the 35,000- euro ($45,000) car had been torched.
www.bloomberg.com/apps/news?pid=20
601109&sid=auZeM63nrgzo&refer=home
‘We’re Not Paying For Your Crisis!’: Anger rises in Germany as the economy falls.
Trade unions and globalization-critical protesters are planning demonstrations in Berlin and Frankfurt under the banner: “We’re not paying for your crisis.”
www.spiegel.de/international/europe/0,1518,610099,00.html
Supermarket Cashier Becomes German Anti-Capitalist Hero:
In these times of economic crisis, even such a measly sum as €1.30 ($1.66) can turn a supermarket cashier into a national hero — and may ultimately cost a leading German politician his job.
www.spiegel.de/international/business/0,1518,610083,00.html
Thousands of Opel Workers Demonstrate against GM:
Huge losses in Detroit threaten to doom the German carmaker Opel, and the workers want a divorce from the parent company.
www.spiegel.de/international/business/0,1518,610159,00.html
Warning for the West as crisis spills onto streets:
The slump that has swept through developed nations like the UK, the eurozone and the United States is hitting the world’s emerging economies with a speed and ferocity that has shocked even the most pessimistic analysts.
snipurl.com/csevu
Violence between repo men, car owners on the rise:
The 67-year-old railroad retiree grabbed a gun, walked out the back door and confronted not a thief but a repo man and two helpers trying to tow off the Chrysler Sebring. Shots were fired, and Tanks wound up dead, a bullet in his chest.
news.yahoo.com/s/ap/20090227/ap_on_re_us/repo_violence
Citi Gets Nationalized; Just Don’t Call It Nationalization:
The Government has reached a deal to buy 36% of Citigroup’s common stock. The United States will now be the largest shareholder of the troubled bank (But don’t call it nationalization). Citigroup announced another huge quarterly loss.
www.chartingstocks.net/2009/02/citi-gets
-nationalized-dont-call-it-nationalization/
Citigroup Stock Costs Less Than Their ATM Fee:
The shareholders have essentially been wiped out
www.chartingstocks.net/2009/02/citig
roup-stock-costs-less-than-their-atm-fee/
Problem bank list tops 250:
FDIC reports that number of troubled institutions soared during the fourth quarter to the highest level since 1994.
money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm
Dow Jones Industrial Average marks worst February point drop in history:
The S&P closed at 752.44 on Nov. 20, though the benchmark on Monday undercut that prior bear-market low.
snipurl.com/cseya
Govt: ‘Mass Layoffs’ Soared In January:
Employers took a large ax to their payrolls in January, the government said Wednesday, and the cuts are likely to get worse over the next few months.
www.huffingtonpost.com/2009/02/25/govt
-mass-layoffs-soared-_n_169898.html