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Updated: Thu, 02 Sep 2010 07:42:11 -0500
Top stories
The Fed's Liquidity Trap: The American and world economies are in a deliberate state of slow collapse (Bob Chapman)
Sept. 1, 2010 (Global Research) -- Almost two years ago the U.S. Treasury was selling large amounts of short-term Treasury bills to fund bailouts and stimulus. That caused a major increase in debt. Most...
Manufacturing Index for U.S. Increased in August (Courtney Schlisserman)
Sept. 1, 2010 (Bloomberg) -- Manufacturing in the U.S. expanded at a faster pace than forecast in August as factories added workers and cranked up production. The Institute for Supply Management’s factory...
Secret 'Kill Lists' Fly in the Face of US and Int'l Law (William Fisher)
Aug. 31, 2010 -- NEW YORK (Inter Press Service) -- Two of the nation's most influential human rights organisations have filed a lawsuit challenging the government's authority to carry out "targeted killings"...
Leading stories
Consumer Confidence in U.S. Rose More Than Forecast (Shobhana Chandra)
Aug. 31, 2010 (Bloomberg) -- Consumer confidence climbed more than forecast in August as Americans turned less pessimistic about the outlook for jobs, easing concern households will retrench. The Conference...
Sleep Deprivation May Spur Serious Mental Problems, Study Finds (Kanoko Matsuyama)
Aug. 31, 2010 (Bloomberg) -- Sleep deprivation may trigger serious mental illnesses in young people that persist into adulthood, researchers in Australia found. Young adults who habitually sleep fewer...
U.S. Government Prepares for 'Crisis' (Jeff Nielson)
Aug. 30, 2010 (The Street) -- Most market reporters, commentators and politicians continue to rely upon nothing but the same short-term "snapshots" which have caused them to be "surprised" by everything....
The Backward Slide into Recession (Mike Whitney)
Aug. 30, 2010 (Information Clearing House) -- Ongoing deleveraging has slowed personal consumption and trimmed 2nd quarter GDP to a revised 1.6 percent. The economy is sliding backwards...
Sun storm to hit with 'force of 100 million hydrogen bombs' (Peter Farquhar)
Aug. 25, 2010 (news.com.au) -- AFTER 10 years of comparative slumber, the sun is waking up -- and it's got astronomers on full alert. This week several U.S. media outlets reported that NASA was...
Oil Addiction And Identity (Scott Brown)
The Fundamentals of the Crisis and the Response Aug. 30, 2010 (CarolynBaker.net) -- As much as anybody, I want to see the disaster in the Gulf of Mexico be the final wake up call needed to move our...
Make Sure the Bunker is Well Stocked (Mike Whitney)
Aug. 29, 2010 -- (Information Clearing House) -- Robert Herz was forced to resign from his job as as chairman of the Financial Accounting Standards Board (FASB) because he insisted that the banks...
One Lump Or Two? (James Howard Kunstler)
Glenn Beck James Howard Kunstler -- World News Trust Aug. 30, 2010 -- Here come the Corn Pone Nazis! Fox News entertainer, former drug addict, and professional weeper Glenn Beck took center stage...
AlertNet -- Alerting humanitarians to emergencies
Source: Reuters * Final register ready, cards to be printed next * Elections scheduled for Oct 31 in top cocoa grower * Doubts over whether President Gbagbo will accept list (Adds details, ...
Source: Reuters GAZA, Sept 2 (Reuters) - Palestinian militant groups have joined forces to step up attacks against Israel, possibly including suicide bombings, the Hamas Islamist faction said on Thursday, after ...
Source: Reuters * Coast on alert from North Carolina to Nova Scotia * 26 million could feel Earl's effects on U.S. coast * Direct full hit to U.S. shoreline not forecast so far * ...
Source: Reuters * Cap atop Macondo well removed * Next step will be switching blowout preventers (Recasts, adds detail, byline) By Kristen Hays HOUSTON, Sept 2 (Reuters) - BP Plc <BP.L BP.N> said it ...
Source: Reuters * Netanyahu, Abbas agree to meet again in September * Agree first task is to work on "framework agreement" * Hardliners on both sides oppose any deal (adds fresh Palestinian, analyst ...
Source: Reuters * Initial report of a sheen came from Mariner * Coast Guard did not know how fire started (Adds quotes, details) WASHINGTON, Sept 2 (Reuters) - The U.S. Coast Guard said on Thursday it had found ...
Source: Reuters * All 13 crew members safely off the platform * Oil sheen not seen on water, Coast Guard says * Facility was not actively producing oil or gas (Adds details from news conference, changes dateline ...
Source: Reuters MEXICO CITY, Sept 2 (Reuters) - Armed men abducted the cousin of the owner of Mexico's top broadcaster, Televisa, on Thursday in one of the hotspots of the country's drug war, local media reported. ...
Source: Reuters WASHINGTON, Sept 2 (Reuters) - The U.S. Coast Guard said on Thursday there was no evidence of an oil sheen after the Mariner Energy <ME.N> oil platform fire in the Gulf of Mexico. "The ...
Source: Reuters ABIDJAN, Sept 2 (Reuters) - Ivory Coast's electoral commission said on Thursday it had produced a final voter list for the first time, raising the chance that an election delayed six times in five ...
More news
Our Redeemer (David Glenn Cox)
Machiavelli David Glenn Cox -- World News Trust Aug. 29, 2010 -- I was recently rereading Machiavelli and he said, when you acquire lands where the prince is unpopular you come as a redeemer....
BOOK REVIEW: Palestine Betrayed. By Efraim Karsh (Jim Miles)
Palestine Betrayed. Efraim Karsh. Yale University Press, London, 2010. Aug. 27, 2010 (Palestine Chronicle) -- Was Palestine betrayed? Of course it was, by the British, the United States, France, the League...
Not Tits but Horns! (David Glenn Cox)
David Glenn Cox -- World News Trust Aug. 28, 2010 -- Alan Simpson broke the cardinal rule in Washington; he said what he really thought. Turn about is fair play so here’s what I really think....
Morgan Stanley Analyst Says Governments to Default (Matthew Brown)
Aug. 25 (Bloomberg) -- Investors face defaults on government bonds given the burden of aging populations and the difficulty of increasing tax revenue, according to a Morgan Stanley executive director. "Governments...
U.S. Economy Grew a Revised 1.6% in Second Quarter (Bob Willis)
Aug. 27, 2010 (Bloomberg) -- The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened. The...
Rebranding Iraq: Playing with Numbers and Human Lives (Ramzy Baroud)
Ramzy Baroud -- World News Trust  Aug. 26, 2010 -- The soldiers of the U.S. 4th Stryker Brigade, 2nd Infantry Division hollered as they made their way into Kuwait. "We won," they claimed. "It’s...
Collapse of ancient Ellesmere ice shelf stuns scientists (Margaret Munro)
  This NASA image shows the section of the Ward Hunt ice shelf which recently broke off. (IMAGE/NASA) "The ice seems to be fracturing all over the Arctic once again”   Aug. 26, 2010 -- (Post...
Bill Gross Takes Backseat to Real Big Money (William Pesek)
Aug. 13 (Bloomberg) -- Mohammed El-Erian, chief executive officer and co-chief investment officer at Pacific Investment Management Co., discusses Federal Reserve monetary policy. El-Erian, speaking with...
What I Did On Summer Vacation (James Howard Kunstler)
James Howard Kunstler -- World News Trust Aug. 23, 2010 -- Oh what a mighty spewage of vinyl weighs heavy on this land! A dark mood spread through the body politic like a septic infection last week in...
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