Take California, for example

Posted By on March 22, 2009

The Sacramento Bee has a graphic showing the increase in California’s unemployment rate by county. California’s unemployment rate is now over 10 percent. Some California counties have unemployment rates over 20 percent. Of course the official statistics are juggled to make the unemployment rate seem smaller than it really is. The Bee also has a story on Moody’s downgrade of California’s general obligation debt rating. (more…)

World Thought Police

Posted By on March 19, 2009

Useless Dissident has published an interview with former Soviet journalist Yuri Bezmenov, who defected to the West in 1970. The interview, by G. Edward Griffin (The Creature from Jekyll Island), is in three parts. Part One deals mainly with Bezmenov’s biography. The good stuff is in Part Three, where Bezmenov explains how Soviet disinformation and propaganda permeated the American media and educational system. Although he doesn’t offer an exhaustive survey of the ways the U.S. government cooperated with the Soviet Union, Bezmenov offers enough details of economic, cultural, diplomatic, and journalistic exchanges for anyone to grasp the load of propaganda transferred from the Soviet Union to the United States. For example, the Soviet Union wrote the talking points for anti-Vietnam war propaganda adopted by the Left in the United States. (more…)

Pushing back against politicized pseudoscience

Posted By on March 17, 2009

The Heartland Institute is covering the proceedings of the 2009 International Conference on Climate Change, held from March 8 to 10 in New York City. Lots of videos at the Heartland website. EU President Vaclav Havel’s remarks are at Blacklisted News. Unfortunately, President Obama has selected one of the worst environmental nitwits, John Holdren, to be his science adviser. The Spectator has the story.

Could the Federal Reserve go broke?

Posted By on March 16, 2009

The Federal Reserve is currently requiring major banks to reassess their reserves in light of a worst-case scenario. This is being called a stress test. Research Reports offers a preliminary assessment of major banks’ capital needs. Bill Gross of Pimco notes that trillions of dollars of new capital will be required to shore up the big banks. More analysis on the major banks here. (more…)

Drug lord bails out NY Times

Posted By on March 14, 2009

From Madcow, background on Carlos Slim and his financial rescue of the New York Times. Why would the New York Times agree to take money from a South American drug dealer? (more…)

China’s police state

Posted By on March 13, 2009

Communist China has become the largest and most efficient police state in the world. All of the technological innovations developed in the West are being exported to China by multinationals–Honeywell, GE, IBM, and other tech giants–for population control. China calls its electronic surveillance system the “Golden Shield.” It is the model for the global police state of the future. Catch up with what is going on inside China at Rolling Stone, “China’s All-Seeing Eye,” by Naomi Klein.

There isn’t any significant difference between the Chinese police state and the U.S. police state. Here the All-Seeing Eye is sold to the public as “homeland security.” The National Security Agency has a supercomputer called The Black Widow that scans all telephone conversations and emails for interesting language. See the report at The Final Hour. The NSA gets its feed from AT&T. Are you doing business with AT&T, Honeywell, IBM, or GE? Why would you want to support corporations that are using their technologies to spy on everyone and build a global police state?

Blacklisted News has an article about NOX technology, which allows anyone to be tracked without their knowledge. Surveillance technology is progressing so fast, it’s hard to keep up. Since all of these technological advances are combining to support the global controllers, NWOU hopes you will call into question the very concept of technological progress.

World Islamic Economic Forum

Posted By on March 12, 2009

The World Islamic Economic Forum met in Jakarta from March 1 to 3. Islamic countries want to organize themselves into a free trade region, and they want to promote Islamic banking as an alternative to the failed Western banking model. Stories at Indonesia-Ottowa, BBC,  The Brunei Times, The Manila Times, and more background at Islamic Economics. Islamic banks have been relatively unaffected by the global banking crisis, and Islamic nations see the crisis as an opportunity to forge new trade alliances.

A dissenting view at Militant Islam Monitor. Nevertheless, Islam controls several governments and several major universities and has multinational cooperative agencies, which makes it the best-organized religion in the world.  Islam is a player on the global stage in a way that no other religion can match. Islam is confident that global trends favor its rise. The global financial crash will favor Islamic banking, regardless of whether the international bankers repair their global financial system or not. There is an alternative to the corrupt practices of Western banks, it is Islamic banking, and it is ready to become global.