World Globalisation Newswire Archive

Copyleft artwork by Brazilian cartoonist Latuff.

In a surprise move today, Andy Atkins, Executive Director of Friends Of The Earth UK, announced that the former environmental pressure group are to become an agency of the UK Government, working within the Department of Environment, Food and Rural Affairs.

Cailean Bochanan's analysis is, in my opinion, unrivalled amongst present day scribes

First part in Bochanan's analysis of the financial collapse and it's origins

Late World Day Against McDonalds thing

Forty years ago, protests were held outside the US Embassy against the Vietnam War. In 2008, on the day of the US presidential elections, the London Guantánamo Campaign is calling on whoever wins the election to change the record...enough of torture, illegal wars and the abuse of human rights and human beings. No more excuses, shut down Guantánamo

A not so serious look at the history of the present world-wide financial crisis shows that our leaders may be unbalanced.

On October 1 the US launched AFRICOM, the Pentagon's outpost in Africa.
Commanded by a Black American general and incorporating State Department and
other civilian personnel from top to bottom it is billed as a "new kind" of
US military command.

Incorporating nearly all US civilian programs in Africa under its umbrella,
from trade to aid to public information, AFRICOM marks the militarization of
US policy toward what is already the most war-torn region in the world.
AFRICOM's planners offer their twelve year intervention in Somalia, where a
million out of ten million have died due to US intervention, as a "model"
for the continent.

It is very simple economic fascism, animal farm economics 101.
IRS property confiscation for taxes; this is the definition of economic fascism; IRS property confiscation for taxes.

If I do not believe in, trust, or support the US Federal Government, my home should not be in jeopardy. The Federal Government, whenever they choose, through the IRS, will take your home if you do not support them. This confiscation of property by the Federal Government is absolutely and unequivocally wrong, and it is illegal.

For the Federal Government to threaten me with stealing my home because I want them to fail, is economic FASCISM.

Let the Federal Government collect it’s taxes but to put my home in peril because of taxes - is ECONOMIC FASCISM.

I want the Federal Government to spend itself into bankruptcy and irrelevance; and it is my patriotic right as a human and and an American to have control over my money to do so.

I believe in local taxes, and local representation of those taxes; to me - the FED is DEAD.


The day a Trident Nuclear submarine pulls into port for salvage and dismantling, because the US Federal Government has no money, will be a day I open a bottle of champagne and christen my life. (I will drink it and not smash it on some battleship.)

Copyleft artwork by Brazilian cartoonist Latuff.

Forget debating a 1929-style stock crash. It just happened, and the banking "holiday," if it happens, won't wait 4 years as it did in the Depression because THIS crisis started with banking. If it weren't for World War II, we would still be in the Depression. Capitalism as we have known it is dead -- Bush & Co. are proving it by socializing the insurer AIG and talk of buying into banks, etc. Our only hope that the finance and service economy (see chart) would take up the slack left by the end of WWII. But the finance economy just failed. The tech (computer) industry is sure to follow its partner down the drain. Empty store shelves and unavailability of cash to you as well as businesses are possibilities we deal with here.

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Copyleft artwork by Brazilian cartoonist Latuff.

They don't call him President Bush in Venezuela anymore.
Now he's known as "Comrade"....

Free markets became wild markets. The post-socialist blessing became the turbo-capitalist curse. The state allowed the monitoring of banks to be de facto privatized. Politics allowed the markets to run wild. In turbo-capitalism, contracting debts was trendy and saving was Philistine.

To Lessa, "dollar is over" and it’s necessary that a new "Bretton Woods" establishes new parameters to global economy

The markets collapse, the left is left reeling, the right steams ahead and the end of the War on Terror approaches.

The mortgage debt problem is simple really, it has been a total mis-appropriation of equity. The equity lost on flat screen TV's, boats, new cars, vacations, and other living expenses; is equity lost forever. This loss of equity spent on consumer goods and expenses is a pyramid scheme of hyper-capitalism that is flawed and failing. Equity not spent on the property the equity comes from, is equity lost forever, a mis-appropriation of funds, and inappropriate; it is a failing economic model.

"This crisis is a crisis of deregulation. Deregulated market fundamentalism causes crises. This is a crisis of financialization. An ever-larger part of the economy has switched to financial speculation or gambling. Greed is systemic. Acting on basest instincts does not bring the common good."