Making yourself comfortable in capitalism (tags)
"Whoever has a wife should behave as if he had none, ... whoever buys as if he were not the owner, whoever makes use of the world as if he did not use it" (1 Cor 7:29f). Paul is speaking here to people who were "called" as slaves into the messianic church (1 Cor 7:21).
Our World is Not For Sale! (tags)
People's Global Action (PGA) was organized in a decentralized way by movements from all parts of the world. But we had no staff and no fixed funding. Everything was through crowdfunding. People were inspired by what PGA stood for, which was, first, the rejection of capitalism.
The US, the Dollar, IS and Saudi Arabia (tags)
The US treats IS and the Saudi royal house differently. For decades, Saudi Arabia has been the US' closest ally in the Middle East and therefore enjoys Washington's unrestricted solidarity despite all its crimes.
Low Oil Prices: Boom or Bust? (tags)
oil
Renewable energy solution to oil price hikes (tags)
Manila, Philippines: Akbayan Party today urged the Aquino administration to push for renewable energy as a long term solution to oil price hikes. Akbayan lawmaker Walden Bello said that the spiraling cost of fuel should send alarm signals to the government and stress the urgency of pushing for renewable energy to address the country’s energy needs.
The financial crisis became an economic crisis and mutated into a state budget crisis when trillions were given to "system relevant" banks and private losses became public burdens. What is Plan B?How can the financial sector be shriveled? Can state banks (like NDakota) be a model?
Venezuela: Coup and Countercoup, Revolution (tags)
"But the coup resistance grew to millions of people, flooding the areas surrounding the presidential palace, and the presidential guard, still loyal to Chavez, moved to retake the palace. Word of the resistance reached military barracks throughout the country, and one in Maracay, outside of Caracas, acted quickly to locate and rescue Chavez and return him to the presidential palace.??By the early morning hours of April 14, Chavez had returned, brought back by the will and power of the Venezuelan people and the loyal armed forces.??These events changed Venezuela forever and awoke the consciousness of many who had underestimated the importance and vulnerability of their Revolution."
U.S. dollar - a "worthless piece of paper." President Mahmoud Ahmadinejad (tags)
And he is right. A $100 bill is worth the paper it's printed on and backed by nothing else. Up till 1933 the U.S. was backed in gold. You could exchange a $20 bill for an ounce of gold. And up till the 1960's the dollar was backed up by silver. You could go to the mint and trade paper dollars for silver. But now the dollar is backed by NOTHING and a dollar is worth nothing more then the paper it is printed on.
David Walker, comptroller general, warns of impending crisis (tags)
Learn from the fall of Rome, the US is warned. There were striking similarities between America's current situation and the factors that brought down Rome including declining moral values, an over-confident and over-extended military and fiscal irresponsibility by the central government.
"As the U.S. “controls” so little of Iraq and has negligible support in the general population, those willing to work with the invaders (unemployment is about 75-80%) are extremely vulnerable."
The Real Reasons Why Iran is the Next Target (tags)
The Iranians are about to commit an offense far greater than Saddam Hussein's conversion to the euro for his oil exports back in the fall of 2000. In March 2005 Iran is going to start competing with New York's NYMEX and London's IPE with respect to international oil trades - using a euro-based international oil-trading mechanism. Numerous articles have revealed Pentagon planning for operations against Iran in 2005. The publicly stated reasons will be over Iran's nuclear ambitions, but the following unspoken macroeconomic issues explain the Real Reasons regarding the 2nd stage of petrodollar warfare - Iran's upcoming euro-denominated oil Bourse.
Wendy Campbell: The Secret Relationship Between Israel and Oil: What the US Media Hides (tags)
The US media has been covering for Israel for decades...
Why Venezuela has Voted Again for Their 'Negro e Indio' President (tags)
Baltimore Chronicle Monday, August 16, 2004 There's so much BS and baloney thrown around about Venezuela that I may be violating some rule of US journalism by providing some facts. Let's begin with this: 77% of Venezuela's farmland is owned by 3% of the population, the 'hacendados.'
Oil policies running on empty (tags)
"People here seem to have an inexplicably difficult time coming to terms with the idea that they don't have infinite access to a finite resource. Well, now it's wake-up time. Again."
Saudis pledge oil price cut before 2004 election (tags)
Prince Bandar has been the Saudi envoy to the United States for 20 years and is part of the Saudi royal family, which has had a close relationship with the Bush family for years.
Profound Effect on U.S. Economy Seen in a War on Iraq (tags)
from the New York Times-online, monday July 29