World-News

Scrap dollar as sole reserve currency: U.N. report

A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.

http://tinyurl.com/28asvk9



National debt soars to highest level since WWII

The federal debt will represent 62% of the nation's economy by the end of this year, the highest percentage since just after World War II, according to a long-term budget outlook released today by the non-partisan Congressional Budget Office.

http://tinyurl.com/236dml9



New jobless claims rise in sign of weak job market

Initial claims for unemployment benefits rose last week for the second time in three weeks. At the same time, more than a million people have lost benefits and more could be cut off now that Congress has failed to extend federal jobless aid.

http://tinyurl.com/249nofv



More Red Flags for the Economy

By Mike Whitney

"We are now, I fear, in the early stages of a third depression....And this third depression will be primarily a failure of policy. Around the world ... governments are obsessing about inflation when the real threat is deflation, preaching the need for belt-tightening when the real problem is inadequate spending. ..."

http://www.informationclearinghouse.info/article25879.htm



Dow Repeats Great Depression Pattern: Charts

By CNBC.com

The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.

http://www.informationclearinghouse.info/article25874.htm



A Stock Market Forecast that Says 'Take Cover'

By Jeff Sommer

With the stock market lurching again, plenty of investors are nervous, and some are downright bearish. Then there's Robert Prechter, the market forecaster and social theorist, who is in another league entirely. Prechter is convinced we have entered a market decline of staggering proportions - perhaps the biggest of the last 300 years.

http://www.informationclearinghouse.info/article25876.htm


From Information Clearing House

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1.3 Million Unemployed Won't Get Benefits Restored After Senate Fails to Overcome Filibuster

http://www.commondreams.org/headline/2010/07/01

Congressman Dennis Kucinich: Americans Are Hanging on by Their Fingertips
http://www.commondreams.org/newswire/2010/07/01-13

Center for Economic and Policy Research (CEPR): U.S. Experiencing Worst Episode of Prolonged Unemployment Since Great Depression
http://www.commondreams.org/newswire/2010/07/01-15

US Experiencing Worst Episode of Prolonged Unemployment Since Great Depression
http://www.commondreams.org/headline/2010/07/02-5

Fears Grow as Millions Lose Jobless Benefits
http://www.commondreams.org/headline/2010/07/14-0

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US Dollar Unreliable Global Reserve Currency
http://www.lewrockwell.com/celente/celente39.1.html

With the US Trapped in Depression, This Really Is Starting to Feel Like 1932
http://www.lewrockwell.com/orig10/evans-pritchard31.html



http://sharenews.twoday.net/search?q=debt
http://freepage.twoday.net/search?q=reserve+currency
http://sharenews.twoday.net/search?q=Kucinich
http://sharenews.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=stock+market
http://sharenews.twoday.net/search?q=jobless
http://sharenews.twoday.net/search?q=unemploy
http://freepage.twoday.net/search?q=jobless+benefits
http://sharenews.twoday.net/search?q=Stephen+Ohlemacher
http://sharenews.twoday.net/search?q=/celente
http://sharenews.twoday.net/search?q=Evans-Pritchard
http://sharenews.twoday.net/search?q=Mike+Whitney
http://sharenews.twoday.net/search?q=Jeff+Sommer
http://sharenews.twoday.net/search?q=Nick+Carey

By Alex Newman

New revelations in the suspicious "suicide" death of whistle-blower Dr. David Kelly point even more strongly to the possibility of murder and a subsequent cover-up.

http://www.informationclearinghouse.info/article25853.htm



http://omega.twoday.net/search?q=David+Kelly
http://freepage.twoday.net/search?q=David+Kelly
http://sharenews.twoday.net/search?q=Alex+Newman

Obama Says 'Burden' Can't be All on the Military

By Sunlen Miller

"We just got to be smart about using all the elements of American power, not just one element of American power," he said.

http://www.informationclearinghouse.info/article25851.htm

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U.S. Presidents and Those Who Kill for Them
http://www.lewrockwell.com/vance/vance207.html



http://sharenews.twoday.net/search?q=Obama
http://sharenews.twoday.net/search?q=Sunlen+Miller
http://sharenews.twoday.net/search?q=com/vance

http://www.brasschecktv.com/page/884.html

Who really controls BP?
http://www.brasschecktv.com/page/886.html

Shocking betrayal of trust
http://www.brasschecktv.com/page/890.html

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Double Standard: BP and Bhopal
http://www.commondreams.org/view/2010/07/01-5

Food & Water Watch to BP: Consider Yourself on Notice
http://www.commondreams.org/newswire/2010/07/01-3

Deep-Sea Mining Adds to Fears of Marine Pollution
http://www.commondreams.org/headline/2010/07/02-0

Oil Spills Boost Arsenic Levels in Ocean: Study
http://www.commondreams.org/headline/2010/07/02-7

Robert F. Kennedy Jr. on Holding BP Accountable
http://www.commondreams.org/video/2010/07/02-0

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First Amendment suspended in the Gulf of Mexico as spill cover-up goes Orwellian
http://www.naturalnews.com/029130_Gulf_of_Mexico_censorship.html


From Mast Sanity/Mast Network

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Oil found in Gulf crabs raises new food chain fears

University scientists have spotted the first indications oil is entering the Gulf seafood chain - in crab larvae - and one expert warns the effect on fisheries could last "years, probably not a matter of months" and affect many species.

http://www.mcclatchydc.com/2010/07/01/96909/oil-found-in-gulf-crabs-raising.html



More bad news for BP as arsenic levels rise in seawater around the Gulf of Mexico

British scientists warned that the oil spill is increasing the level of arsenic in the ocean, and could further add to the devastating impact on the already sensitive environment.

http://bit.ly/byMUhS


From Information Clearing House



http://freepage.twoday.net/search?q=Robert+F.+Kennedy
http://sharenews.twoday.net/search?q=oil+spill
http://sharenews.twoday.net/search?q=British+Petroleum
http://sharenews.twoday.net/search?q=Bhopal
http://freepage.twoday.net/search?q=Bill+Quigley
http://sharenews.twoday.net/search?q=Alex+Tuscano
http://freepage.twoday.net/search?q=Michael+McCarthy

Europaabgeordnete gegen Finanzlobby
http://www.lobbycontrol.de/blog/index.php?p=4220

Für Wirbel hat ein fraktionsübergreifender Aufruf von Europaabgeordneten gesorgt, der die Übermacht der Finanzlobby konstatierte und den Aufbau einer zivilgesellschaftlichen Gegenexpertise forderte. Es ist erfreulich, dass die Abgeordneten den Einfluss der Finanzlobby offensiv thematisieren – aber merkwürdig, den Ausgleich dafür nur von der Zivilgesellschaft einzufordern.


Zwei Jahre Lobbyregister in Brüssel - und noch immer keine Transparenz http://www.lobbycontrol.de/blog/index.php?p=4188

Zwei Jahre wird das Lobbyregister der EU-Kommission am heutigen 23. Juni alt. Zwar wollen wir der EU-Kommission dazu gratulieren, dass sie - im Gegensatz zur deutschen Politik - überhaupt die Initiative für ein Lobbyregister ergriffen hat. Die daran gesetzte Erwartung allerdings, dass damit Transparenz im Brüsseler Lobbydschungel geschaffen würde, ist enttäuscht worden.


Finanzlobby wehrt sich gegen Regulierung
http://www.lobbycontrol.de/blog/index.php?p=4011

Zwei Jahre nach der Pleite der Investmentbank Lehman wird sowohl in den USA als auch innerhalb der EU um eine Regulierung der Finanzbranche gerungen. Einige interessante Meldungen zu den Aktivitäten der Finanzlobby in den USA, der EU und global.


Im Schatten der Medien: Bilderberg-Treffen 2010 in Sitges http://www.lobbycontrol.de/blog/index.php?p=4108

Die Bilderberg-Gruppe ist ein elitärer Zirkel, der seit 1954 Top-Eliten aus Europa und den USA zusammen bringt - Wirtschaftsbosse und Strategen treffen auf handverlesene Politiker und Journalisten. Vom 3.-6. Juni 2010 fand das Bilderberg-Jahrestreffen im spanischen Sitges statt. Wachsende Aufmerksamkeit und Proteste haben nun offensichtlich zu einer neuen Medienstrategie der Bilderberger geführt: es gibt nun eine eigene Webseite des Treffens.



http://freepage.twoday.net/search?q=Finanzlobby
http://freepage.twoday.net/search?q=Lehman+Brothers
http://freepage.twoday.net/search?q=Bilderberg