Building America's secret surveillance state … "God we trust," goes an old National Security Agency joke. "All others we monitor. Given the revelations last week about the NSA's domestic spying activities, the saying seems more prophecy than humor. First, the Guardian reported details on a domestic telephone dragnet in which Verizon was forced to give the NSA details a...Read More
Neoliberalism has spawned a financial elite who hold governments to ransom … The International Monetary Fund has admitted that some of the decisions it made in the wake of the 2007-2008 financial crisis were wrong, and that the €130bn first bailout of Greece was "bungled"… The problem is that the ruthless sentimentalists of neoliberalism like to tell themselves – a...Read More
The Mystery of Why Portugal Is So Doomed … Did relying too heavily on mom-and-pop businesses hobble one of Europe's most imperiled countries? It's possible. Every unhappy family might be unhappy in its own way, but the same isn't quite true of every unhappy euro country. The common currency's troubled economies all relied on foreign borrowing during the boom, and all went kap...Read More
As a candidate, Barack Obama vowed to bring a different, better kind of leadership to the dysfunctional capital. He'd make government more efficient, accountable and transparent. He'd rise above the "small-ball" nature of doing business. And he'd work with Republicans to break Washington paralysis. You can trust me, Obama said back in 2008. And – for a while, at least &...Read More
Manufactured Hero Edward Snowden – The NSA Whistleblower Exposed as Career NSA, CIA, Special Forces Trained Agent … Oh yeah, he didn't tell us [anything] that we didn't already know. Yeah, he's a hero. UPDATE: Booz Allen Hamilton huh? Do you know who owns them, who our hero really works for? The Carlyle Group. Booz Allen Hamilton, like its rival SAIC, is involved in virtual...Read More
Building America's secret surveillance state … "God we trust," goes an old National Security Agency joke. "All others we monitor. Given the revelations last week about the NSA's domestic spying activities, the saying seems more prophecy than humor. First, the Guardian reported details on a domestic telephone dragnet in which Verizon was forced to give the NSA details a...Read More
Neoliberalism has spawned a financial elite who hold governments to ransom … The International Monetary Fund has admitted that some of the decisions it made in the wake of the 2007-2008 financial crisis were wrong, and that the €130bn first bailout of Greece was "bungled"… The problem is that the ruthless sentimentalists of neoliberalism like to tell themselves – a...Read More
The Mystery of Why Portugal Is So Doomed … Did relying too heavily on mom-and-pop businesses hobble one of Europe's most imperiled countries? It's possible. Every unhappy family might be unhappy in its own way, but the same isn't quite true of every unhappy euro country. The common currency's troubled economies all relied on foreign borrowing during the boom, and all went kap...Read More
As a candidate, Barack Obama vowed to bring a different, better kind of leadership to the dysfunctional capital. He'd make government more efficient, accountable and transparent. He'd rise above the "small-ball" nature of doing business. And he'd work with Republicans to break Washington paralysis. You can trust me, Obama said back in 2008. And – for a while, at least &...Read More
WTF 4th Para-Taekwondo ChampionshipsMr. Phillip Walter COLES (WTF Vice President)Read More
Surveillance revelations deepen European fears of Web giants … Europeans reacted angrily on Friday to revelations that U.S. authorities had tapped the servers of Internet companies for personal data, saying such activity confirmed their worst fears about American Web giants' reach and showed tighter regulations were needed. – ReutersDominant Social Theme: We need more government re...Read More
British Intelligence watchdog flies to Washington to demand answers on snooping scandal … MPs from Britain's intelligence watchdog will to fly to Washington next week to seek guarantees that US spies are not snooping on Britons' emails. Sir Malcolm Rifkind, the chairman of the Intelligence and Security Committee, told The Daily Telegraph: 'We will get a report and decide if any f...Read More
Surveillance revelations deepen European fears of Web giants … Europeans reacted angrily on Friday to revelations that U.S. authorities had tapped the servers of Internet companies for personal data, saying such activity confirmed their worst fears about American Web giants' reach and showed tighter regulations were needed. – ReutersDominant Social Theme: We need more government re...Read More
British Intelligence watchdog flies to Washington to demand answers on snooping scandal … MPs from Britain's intelligence watchdog will to fly to Washington next week to seek guarantees that US spies are not snooping on Britons' emails. Sir Malcolm Rifkind, the chairman of the Intelligence and Security Committee, told The Daily Telegraph: 'We will get a report and decide if any f...Read More
Video taken by Govind Yeshe Friedland staring Mr Lime and Miss Yellow Butterfly with specials guests Chuck & MomoRead More
Employment is still near a 30-year low …The employment-population ratio has barely changed in three years, showing that 58.6% of U.S. adults over age 16 had a job as of April. Forget the unemployment rate. The employment rate – the percentage of adult Americans who hold a job – has barely budged in the past three years. It's hovering near its lowest level in three decades, an...Read More
Aging Nations Like Low Prices Over High Income: Cutting Research … An elderly woman walks through a shopping street in Okayama, Japan. Wealth effects differ the world over as consumers in Europe and Japan are less affected by changes in equity and home prices than those in the U.S. The older a country's population, the lower its inflation rate, posing a challenge for central banks in the...Read More
The threat of “deviant” globalisation … The threat of “deviant” globalisation And yet it seems hardly surprising. Nor does it seem any more damaging than regular globalisation. A smart member of the global warrior elite “discovers” the next big threat … This convergence is what Stavridis calls “the dark side of globalization.” – The...Read More
Employment is still near a 30-year low …The employment-population ratio has barely changed in three years, showing that 58.6% of U.S. adults over age 16 had a job as of April. Forget the unemployment rate. The employment rate – the percentage of adult Americans who hold a job – has barely budged in the past three years. It's hovering near its lowest level in three decades, an...Read More
Aging Nations Like Low Prices Over High Income: Cutting Research … An elderly woman walks through a shopping street in Okayama, Japan. Wealth effects differ the world over as consumers in Europe and Japan are less affected by changes in equity and home prices than those in the U.S. The older a country's population, the lower its inflation rate, posing a challenge for central banks in the...Read More