News For October 08, 2010

America’s Third World Economy

By Paul Craig Roberts

The ladders of upward mobility that made American an “opportunity society” have been dismantled. Continue

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The Secret Big-Money Takeover of America

By Robert Reich

Not only is income and wealth in America more concentrated in fewer hands than it’s been in 80 years, but those hands are buying our democracy as never before – and they’re doing it behind closed doors. Continue

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Boiler Rooms, Foreclosure Mills: The Story of America’s Mortgage Industry

By Michael Hudson

The news about the nation’s foreclosure scandal has been coming fast and furious, driven by tales of backdated documents, false affidavits and “rocket dockets” that push families into the street. Continue

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Israel and Monty Python's Dead Parrot

By Yvonne Ridley

Nothing lasts forever; empires and emperors come and go; borders disappear and expand; and so will arrogant, vicious little Israel. Continue

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George Galloway Returns To Canada

By The Canadian Charger and Rabble TV

Anti-war activist and former British MP George Galloway arrived in Canada to a throng of supporters waiting to greet him at the Toronto Pearson International Airport. Eighteen months ago, Galloway was refused entry and deemed a security threat. Continue

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A Senseless War Begins Its 10th Year
An address to the nation from President Barack Obama (as reported by Michael Moore)

By Michael Moore

My generals have also admitted the following to me: 1. There is no way we can defeat the Taliban. They enjoy too much popular support in the rural areas, the majority of the country. Continue

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Behind the Coup in Ecuador

By Eva Golinger

The rightwing is on the attack in Latin America. Its success in 2009 in Honduras against the government of Manuel Zelaya energized it and gave it the strength and confidence to strike again against the people and revolutionary governments in Latin America. Continue

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Afghan governor among 16 killed in Mosque bombing: The governor of Kunduz province has been killed along with at least 15 other people in a huge explosion at a mosque in northern Afghanistan, according to an Afghan official.

US-led airstrike kills 6 members of Afghan security forces: The air strike has provoked anger among the villagers as hundreds protested. The crowd shouted anti-American slogans as they were accompanying the bodies of the deceased to the governor's home. "Death to America!" chanted the crowd.

Afghan security contractors 'fund Taliban': Heavy US reliance on private security in Afghanistan has helped to line the pockets of the Taliban, a US Senate report says.

Taliban Allies, Warlord Flunkies Guard U.S. Bases : The U.S. military’s bases in Afghanistan are frequently guarded by Afghans who pay kickbacks to warlords — and even aid the Taliban. That’s what the Senate Armed Services Committee found after a year-long investigation into 125 contracts held by private security firms in Afghanistan

Afghans blame US forces for violence: "The problem is that they (the US-led forces) are spending especially the American expenditure more in the military side. As far as the rehabilitation of the country is concerned, they are doing it through their own companies, and there is too much corruption from these companies," former Afghan Prime Minister Ahmad Shah Ahmadzai told Press TV.

Nato contractors 'attacking own vehicles' in Pakistan: The owners of oil tankers being used to supply fuel to Nato in Afghanistan say some of the attacks on their convoys are suspicious.

Iraq: Fears of a coup grow amid political stalemate: Fears of a military coup in Iraq are growing as the country enters its eighth month without a government, according to political and intelligence sources cited by pan-Arab daily Al-Sharq al-Awsat. One source even predicted such a coup could be led by outgoing prime minister Nouri al-Maliki

Israeli troops 'kill two Palestinians': At least two Palestinians have reportedly been killed in another Israeli attack against the occupied West Bank, witnesses say.

US man suspected of trying to spy for Israel: Akamai Tech employee tells undercover FBI agent he is Jewish American who wants to 'help homeland'

In case you missed it: Israel Is Spying In And On The U.S.? : Fox News has learned some U.S. investigators believe that there are Israelis again very much engaged in spying in and on the U.S., who may have known things they didn't tell us before September 11.

In Global Hunt for Israeli Hit Men, Tantalizing Trail Goes Cold: Two suspects, traveling with forged passports, appeared to have fled to the U.S. shortly after the killing.

What happened in Europe's secret CIA prisons?: The CIA used a secret prison in Poland to detain and torture its most important 9/11 suspect, a former top human rights official alleges in a new BBC documentary.

Obama Won’t Sign Notary Bill That Might Speed Home Foreclosures: A senior House Democrat asked major U.S. lenders to temporarily suspend foreclosure proceedings nationwide because of allegations of forged signatures and robo-signers who rubberstamped foreclosure affadavits without examining them. Three big lenders have already suspended home foreclosures in 23 states, including New York.

BofA Freezes All U.S. Foreclosures to ‘Clear the Air’: - Bank of America Corp., the biggest U.S. lender, extended a freeze on foreclosures to all 50 states as concern spread among federal and local officials that homes are being seized based on false data.

JPMorgan, Bank of America Face `Hydra' of Foreclosure Probes: JPMorgan Chase & Co., Bank of America Corp. and Ally Financial Inc., defending allegations of fraudulent home foreclosures from customers and Congress, may face the most financial peril from investigations by state attorneys general.
US economy sheds more jobs: Economy loses 95,000 jobs in September in the last monthly labour snapshot ahead of mid-term elections.