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Global Currents 10


U.S. Politics
September 10, 2008
(Posted by CenPEG)

Sources: www.ipsnews.net, www.ipsnorthamerica.net, www.globalresearch.ca, www.truthout.org, www.democracynow.org, www.yahoo.com


On the U.S. Presidential Elections

Other Global Currents

Global Currents 11


On the U.S. Presidential Elections
October 10, 2008
(Posted by CenPEG)


Pre-election militarization of the North American homeland U.S. Combat Troops in Iraq repatriated to "help with civil unrest"
By Michel Chossudovsky
Global Research, September 26, 2008

The Army Times reports that the 3rd Infantry’s 1st Brigade Combat Team is returning from Iraq to defend the Homeland, as "an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks." The BCT unit has been attached to US Army North, the Army's component of US Northern Command (USNORTHCOM). (See Gina Cavallaro, Brigade homeland tours start Oct. 1, Army Times, September 8, 2008).


Painting the Electoral College map blue
Twenty-eight days to go and the most recent polls show Sen. Barack Obama continues to widen his lead against Sen. John McCain.
OBAMA: "Subsidizing Big Oil makes no sense"
Bankole Thompson interviews BARACK OBAMA

GRAND RAPIDS, Michigan, Oct 3 (IPS) - Democratic presidential nominee Sen. Barack Obama sat down with IPS correspondent Bankole Thompson again on Thursday for a one-on-one interview in Grand Rapids, Michigan, where over 15,000 enthusiastic Obama supporters turned out to hear his message of change at downtown's Calder Plaza.
Pakistan - "greatest single challenge" to next president
By Jim Lobe

WASHINGTON, Oct 7 (IPS) - Calling Pakistan the "greatest single challenge" to the next U.S. administration, a bipartisan group of South Asia experts recommends cutting aid to the Pakistani army unless it commits itself to the counter-insurgency struggle against the Taliban and al Qaeda.
Projecting an Obama victory
06 October 2008
By Norman Solomon, t r u t h o u t | Perspective

Projection is a psychological hazard of politics. What's "obvious" to some doesn't occur to others. So, these days, it's hardly reassuring when some progressives roll their eyes at the latest McCain-Palin maneuver and express confidence that few voters will be swayed by the latest slimy attacks on Barack Obama.


ON THE U.S. FINANCIAL MELTDOWN

The Political Economy of the Current (2008) Capitalist Financial Crisis
BY EDBERTO M. VILLEGAS*
IBON Foundation

The very philosophy of the acquisition of wealth of capitalism is becoming a bane to the majority world people who are sinking deeper and deeper into poverty because of the desperate resuscitation of dying capitalism by their governments. For indeed the suffering of the vast majority of the people is the price for the continued existence of this irrational and moribund system for in-built in its very nature is greed and corruption.


European, Asian markets plunge as recession fears spread worldwide
October 08, 2008
As stock indexes plunge across Europe and Asia, Britain unveiled plans today to inject up to 50 billion pounds—close to $90 billion—into its biggest retail banks. Recent efforts to bolster world credit markets have failed to stem fears that the spreading financial crisis could lead to a global recession.

Pakistan facing bankruptcy
06 October 2008
By Isambard Wilkinson, The Telegraph UK

Pakistan's foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy.
 
Global financial meltdown
By Michel Chossudovsky
Global Research, September 18, 2008
The financial slide proceeded unabated, leading to an 800 point decline of the Dow Jones in less than a week. The World's stock markets are interconnected "around the clock" through instant computer link-up. Volatile trading on Wall Street immediately "spills over" into the European and Asian stock markets thereby rapidly permeating the entire financial system.

The nation's social bargain with the rich
By Derrick Z. Jackson
September 30, 2008
CONGRESS has been rushing to save financial CEOs from themselves with a $700 billion bailout that amounts to a tax of $2,333 on every man, woman, and child in America. This is after three decades of the nation's leaders punishing struggling Americans for their lack of personal responsibility, from Ronald Reagan's assault on "welfare queens" to the bipartisan slashing and capping of welfare benefits by President Clinton and House Speaker Newt Gingrich.
Related Topics (click here)


A shattering moment in America's fall from power
John Gray, The Observer, September 28 2008
The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over

Secret Bush administration plan to suspend U.S. Constitution
"Continuity of Government" (COG) Provisions activated in 2001

By Tom Burghardt
Global Research, October 6, 2008

Ten months before the September 11, 2001 terrorist attacks, Secretary of Defense Donald Rumsfeld approved an updated version of the U.S. Army's secret operational Continuity of Government (COG) plans


Betrayed by the Bailout: The Death of Democracy
By William Cox
Global Research, October 3, 2008
On this date, October 3, 2008, the American people were betrayed by those whom they had elected to represent them. The members of Congress who voted for the Wall Street "bailout" violated their oath of office to "support and defend the Constitution" ... "that I will bear true faith and allegiance to the same" ... "and that I will well and faithfully discharge the duties of the office on which I am about to enter


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