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Articles from
October 2008
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Why Big Banks May End up Buying Your City's Public Water System
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| By Jo-Shing Yang | Alternet.org | Oct. 31, 2008
Water is the new oil for global financial powerhouses and water is being commoditized and traded in global stock exchanges. Today in addition to being able to buy water rights and purchase lakes on private land, an individual or a corporation can invest in water-targeted hedge funds, index funds and exchange-traded funds (EFTs), water certificates, shares of water engineering and technology companies, shares of multinational private water utilities, shares of multinational banks and investment banks that own water companies, and a host of other newfangled water investments in this U.S.$425 billion industry which is expected to become a U.S.$1 trillion industry within five years. And if one happens to be a tycoon, one can also create his or her own private water districts and water utilities.
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Corporations & Industry ::
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D.C. Checkpoint Initiative Is Upheld by Federal Judge
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| By Del Quentin Wilber | Washington Post | Oct. 30, 2008
A federal judge declined today to block D.C. police from operating a checkpoint initiative that authorities say is designed to quell spikes in violence. U.S. District Judge Richard J. Leon denied a request by a civil" Suffice it to say that the public's interest in deterring violent crime of this type through a checkpoint program this carefully crafted is overwhelming," Leon wrote. "Simply put, to take this arrow out of [D.C. police's] quiver on such a weak showing as to its unconstitutionality would be injurious not only to [D.C. police's] ability to protect our citizens, but to the public's overwhelming need to be protected from these mobile merchants of violence." Read
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Civil Liberties ::
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RAND Lobbies Pentagon: Start War To Save U.S. Economy
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| By Paul Joseph Watson & Yihan Dai | Prisonplanet.com | Oct. 30, 2008
According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession.
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War & The Military ::
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Your New President, ZBig Brother
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| By Alan Stang | NewsWithViews.com | Oct. 29, 2008
As I write, little more than a week remains before E-Day, on which most Americans will vote. Nerves are being fearfully wracked. Even people who are usually somnolent say they can’t take the stress. There is a real danger that, unaddressed, the frustration of choosing between a Communist illegal alien raised by a Communist sex pervert and a POW traitor who is a Soviet front man could lead to an epidemic of Acid Reflux Disease or even an outbreak of Restless Leg Syndrome. Read
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Politics & Government ::
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AIG used billions from Fed but hasn't said for what
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| By Mary Williams Walsh | IHT | Oct. 30, 2008
The American International Group is rapidly running through $123 billion in emergency lending provided by the Federal Reserve, raising questions about how a company claiming to be solvent in September could have developed such a big hole by October. Some analysts say at least part of the shortfall must have been there all along, hidden by irregular accounting. Read
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Corporations & Industry ::
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White House to banks: Start lending now
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| By Jennifer Loven | The Associated Press | Oct. 28, 2008
An impatient White House prodded banks and other financial companies Tuesday to quit hoarding billions of dollars flowing into their vaults from Washington and start making more loans. Wall Street soared nearly 900 points on bargain-hunting and hopes of a hefty interest rate cut by the Federal Reserve. Read
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Economics ::
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The Satanist Banker Conspiracy
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| By Henery Makow | HeneryMakow.com | Oct. 27, 2008
Recently, on his internet radio show, Alan Stang asked me if there is such a thing as a Jewish conspiracy. He gets email from people blaming Jews, Jesuits, the Vatican, Freemasons etc. I replied that the central banking cartel is the only group that has both the motive and the means to take over the world. Consisting mainly of Cabala-believing Jews and Freemasons, it is the head of the octopus. Zionism, Freemasonry, organized Jewry, Western Imperialism, Jesuits,Vatican, Intelligence agencies, mass media etc. are among countless octopus arms. Read
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The Elite & Occult ::
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Georgia accused of targeting civilians
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| By Tim Whewell | BBC | Oct. 28, 2008
The BBC has discovered evidence that Georgia may have committed war crimes in its attack on its breakaway region of South Ossetia in August. Eyewitnesses have described how its tanks fired directly into an apartment block, and how civilians were shot at as they tried to escape the fighting. Read
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War & The Military ::
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America the Banana Republic
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| By Christopher Hitchens | Vanity Fair | Oct. 9, 2008
The ongoing financial meltdown is just the latest example of a disturbing trend that, to this adoptive American, threatens to put the Land of the Free and Home of the Brave on a par with Zimbabwe, Venezuela, and Equatorial Guinea. Read
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Economics ::
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Tech initiative aim to protect privacy, free speech online
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| By Stephanie Condon | CNET | Oct. 28, 2008
Companies including Yahoo, Google, and Microsoft on Tuesday joined with human rights groups to launch an initiative aimed at protecting free expression and privacy on the Internet on a global scale.
The Global Network Initiative will provide guidelines for communications technology companies to follow in response to laws in various countries that may interfere with an Internet user's privacy or freedom of expression. Members of the initiative have agreed to ensure that their activities and business operations reflect the principles it aims to protect. Read
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Corporations & Industry ::
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New Iran base to block PG in case of war
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| Press TV | Oct. 28, 2008
Iran's Navy Commander says the new naval base in the strategic port of Jask will be used to block the Strait of Hormuz in case of war. In a Tuesday interview, Chief Navy Commander Habibollah Sayyari said the presence of foreign forces near Iranian waters prompted the army to expand its strategic positions in the Sea of Oman. Read
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War & The Military ::
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Can smoke and mirrors ease global warming?
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| By Alister Doyle | Reuters | Oct. 27, 28
Backers of extreme technologies to curb global warming advocate dumping iron dust into the seas or placing smoke and mirrors in the sky to dim the sun. But, even though they are seen by some as cheap fixes for climate change when many nations are worried about economic recession, such "geo-engineering" proposals have to overcome wide criticism that they are fanciful and could have unforeseen side effects. Read
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Environment ::
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Gun Sales Thriving Despite Tough Economy
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| By Fredrick Kunkle | Wasington Post | Oct. 27, 2008
Americans have cut back on buying cars, furniture and clothes in a tough economy, but there's one consumer item that's still enjoying healthy sales: guns. Purchases of firearms and ammunition have risen 8 to 10 percent this year, according to state and federal data. Read
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Civil Liberties ::
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JP Morgan Exec admits Bailout cash used to consolidate banks
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| By Joe Nocera | NY Times | Oct. 27, 2008
“Chase recently received $25 billion in federal funding. What effect will that have on the business side and will it change our strategic lending policy?” It was Oct. 17, just four days after JPMorgan Chase’s chief executive, Jamie Dimon, agreed to take a $25 billion capital injection courtesy of the United States government, when a JPMorgan employee asked that question. It came toward the end of an employee-only conference call that had been largely devoted to meshing certain divisions of JPMorgan with its new acquisition, Washington Mutual. Read
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Economics ::
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US Helicopters, Commandos Attack Syrian Border Town Killing Eight
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| By Jason Ditz | AntiWar.com | Oct. 27, 2008
In a report from local witnesses later confirmed by a Syrian government spokesman, Two US helicopters landed in the Syrian border town of Al-Sukkariya while others remained in the air and eight American soldiers exited. The soldiers killed at least eight people in the attack, and wounded 14 others before reboarding the helicopters and returning to Iraqi territory. Read
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War & The Military ::
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Fraudulent Election 2008
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| By John Gideon | AfterDowningStreet.org | Oct. 27, 2008
In a stunning admission Sequoia Voting Systems has admitted to not printing and mailing over 11,000 absentee ballots to Denver, Colorado voters. Their spokeswoman claimed they "made an unfortunate mistake". In fact, the company had failed to notify the city of this "mistake" and when originally asked they lied and told the city they had delivered all 21,450 ballots they were supposed to print and deliver to the post office on Oct. 16. Sequoia claims they will have ballots printed and delivered to the post office by tomorrow, Monday. Voters have until election day to get those ballots marked and either back in the mail or delivered to any early polling site. Not mentioned by anyone is if any overseas voters or military are affected by this failure. Read
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Politics & Government ::
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Alan Greenspan: Public Enemy Number One
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| By Stephen Lendman | Global Research | Oct.27, 2008
A note before beginning. This article focuses on today's financial and economic crisis. Not affairs of state, war and peace or geopolitics. No guessing who's number one under those headings. That said:With so many good choices, it's hard just picking one. But given the gravity of today's financial crisis, one name stands out above others. The "maestro," as Bob Woodward called him in his book by that title. The "Temple of Boom" chairman, according to a New York Times book review. Standing "bestride the Fed like a colossus." Now defrocked as the "maestro" of misery. Alan Greenspan. From August 11, 1987 to January 31, 2006, as head of the private banking cartel euphemistically called the Federal Reserve. That Ron Paul explains isn't Federal and has no reserves. Read
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Economics ::
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Newest Source of Teen Ire: Webcams in Their Cars
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| By Matt Zapotosky | Washington Post | Oct. 24, 2008
Ken Richardson does not have to ride in his 17-year-old daughter's Ford Escort to know when she takes a turn too fast. The camera system installed in her car will e-mail him about it. "She's at that age where she's a little rebellious," said Richardson, 54. "And I'm at the age where I'm not gonna take any crap." Read
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Civil Liberties ::
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U.S. Stocks Plunge After World Markets Plummet
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| By Scott Neuman | NPR | Oct. 24, 2008
It was shaping up to be another day of turmoil Friday on Wall Street as the prospect of a global recession moved closer to reality and investors around the world responded by selling big. There were also troubling signs that the economies of Hungary, Ukraine and Belarus could go the way of Iceland. Read
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Economics ::
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Sniffer dogs in teenage bedrooms
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| BBC | Oct. 24, 2008
Retired sniffer dogs that have spent years on police patrol are now working in the private sector in the US - sniffing out teenagers' bedrooms. Parents can rent a dog and handler for $200 (£125) an hour from Sniff Dogs, a firm operating in New Jersey and Ohio. The dogs are highly trained and can detect illegal drugs. Read
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Civil Liberties ::
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Foreclosure filings spike 71%
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| By Catherine Clifford | CNNMoney.com | Oct. 23, 2008
The housing crisis still has a choke hold on America: In September, 81,312 homes were lost to foreclosure, according to a report released Thursday. RealtyTrac, an online marketer of foreclosed properties, said that 851,000 homes have been repossessed by lenders since August 2007. Read
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