Globalization and its Contribution to America’s Economic Catastrophe

by Bacchuswww.opednews.com

 

The promoters of Globalization, in their headlong and single-minded lust for profit, have exhibited one major flaw, a complete ignorance of the basic economic principles underlying capitalism. While marginally lowering prices on products by replacing decently-paid western workers with third world workers at exploitative wages, they have killed the proverbial “goose that laid the golden egg.” The displaced workers, those middle income western wage earners, were the backbone of world consumption. The exploited workers could not buy the products which they created. Now, as his wages are being increasingly undermined by product outsourcing and tariff policies (NAFTA, CAFTA), the previously middle class wage earner is gradually becoming unable to keep up the consumption necessary to support production. Only the rich, beneficiaries of the increased profits generated by these policies, can afford these products. They have the gold but the goose has been cooked. This article explains the phony “principles” supporting Globalization, the reasons for its “success”, and the danger that it represents.

 

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Joel Brinkley: Does His Article on Richard Falk Demonstrate the Right “Frame of Mind” to Teach Journalism at Stanford?

 

 

By Elizabeth Woodworth

 

December 31, 2008 “Information Clearinghouse” — -In a companion essay, I discussed the response of some articles in the mainstream press to the claim, made by some defenders of Israel, that Professor Richard Falk should be removed from his current position of UN rapporteur on human rights abuses in the Palestinian Territories — a claim that was reflected in the refusal of Israel on December 14, 2008, to allow him to enter the country. I included in this essay a discussion of an article by reporter Joel Brinkley because, although it was published before Israel’s action against Falk, it could be read as a defense of that action. Brinkley, who had previously worked for the New York Times, argued that Falk did not have the right “frame of mind” for his UN position. In the present essay, I will focus on Brinkley’s argument for this charge, suggesting that it shows that he does not have the right frame of mind for his own current position as visiting professor of journalism at Stanford University.

 

Brinkley’s Discussion of 9/11 Brinkley’s charge that Falk is unfit for his UN role is quite remarkable, given Falk’s stature. He is Professor Emeritus of International Law and Practice at Princeton University and currently Distinguished Visiting Professor at the University of California at Santa Barbara. He has had published (as author or editor) over 60 books by academic and other mainstream presses. He is also widely respected and sought after as a speaker and conference participant.

 

Brinkley’s case against Falk rests on linking him to the millions of Americans who believe the “unusual theory,” as Brinkley calls it, that the 9/11 attacks were a “false flag” operation — “a conspiracy planned and executed by the Bush administration.” This is a theory of which Brinkley, he admits, had been unaware “until a row broke out last month between Falk and U.N. monitors who try to defend Israel.”

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David Edwards & Muriel Kane | RawStory.com

An Israeli patrol boat intercepted a yacht carrying three tons of medical supplies to Gaza in international waters early on Tuesday as it attempted to run an Israeli blockade. According to those on board, the patrol boat accused the relief vessel of being involved in terrorist activity and then deliberately rammed it, forcing it to return to port in Lebanon.

Among the yacht’s 16 passengers were doctors, journalists, and human rights activists, including former Rep. Cynthia McKinney (D-GA). McKinney spoke to CNN from Lebanon, telling John Roberts, “Our boat was rammed three times, twice in the front and once on the side.”

McKinney described as “outright disinformation” a statement by the Israeli Foreign Ministry which called the charge that the ramming was deliberate “absurd.” According to the Israeli spokesman, the boat was struck as it attempted to outmaneuver the Israeli vessel.
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ProjectCensored.org

Yahoo | AP

Minnesota is deep in the hole financially, but the state still owns a premier golf resort, a sprawling amateur sports complex, a big airport, a major zoo and land holdings the size of the Central American country of Belize.

Valuables like these are in for a closer look as 44 states cope with deficits.

Like families pawning the silver to get through a tight spot, states such as Minnesota, New York, Massachusetts and Illinois are thinking of selling or leasing toll roads, parks, lotteries and other assets to raise desperately needed cash.

Minnesota Gov. Tim Pawlenty has hinted that his January budget proposal will include proposals to privatize some of what the state owns or does. The Republican is looking for cash to help close a $5.27 billion deficit without raising taxes.

GOP lawmakers are pushing to privatize the Minneapolis-St. Paul International Airport and the state lottery. Both steps require a higher authority — federal legislation in the case of the airport, a voter-approved constitutional amendment for the lottery. But one lawmaker estimated an airport deal could bring in at least $2.5 billion, and the lottery $500 million.

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AP

The terrorism threat to the United States over the next five years will be driven by instability in the Middle East and Africa, persistent challenges to border security and increasing Internet savvy, says a new intelligence assessment obtained by The Associated Press.

Chemical, biological, radiological and nuclear attacks are considered the most dangerous threats that could be carried out against the U.S. But those threats are also the most unlikely because it is so difficult for al-Qaida and similar groups to acquire the materials needed to carry out such plots, according to the internal Homeland Security Threat Assessment for the years 2008-2013.

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AP 

Relatives of those who died aboard United Airlines Flight 93 want the Bush Administration to seize the land needed for a memorial where the plane crashed in Shanksville, Pa., in the 9/11 terrorist attacks.The Families of Flight 93 sent a letter earlier this month asking President George W. Bush to empower the Secretary of the Interior to take the land in dispute from a homeowner who had been in negotiations with the National Parks Service, said Patrick White, vice president of the families’ organization.

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Justice Robert H. Jackson, the chief United States prosecutor, delivered his opening statement to the International Military Tribunal (IMT) at Nuremberg on Nov. 21, 1945. This statement has been deemed a forensic masterpiece.

For more information on the trial and the complete text of Jackson’s opening and closing statements, visit http://www.roberthjackson.org.

Paul Joseph Watson | Infowars.com 

It’s par for the course for Obama and Biden, the men who promised “change” but in every step of their preparations for assuming office have pursued nothing but continuity, to acknowledge that they will protect criminals in the Bush administration from prosecution for authorizing torture, a complete violation of both the U.S. constitution and the Geneva Conventions.

When asked by ABC host George Stephanopoulos if top level Bush administration officials would be prosecuted for mandating prisoner abuse, Biden said that he and Obama would be “focusing on the future,” adding “I think we should be looking forward, not backwards.”

Such rhetoric goes to the very heart of the gigantic con job the “Obama change” hoax has wrought upon millions of befuddled Americans who naively presumed that voting for the lesser of two evils would result in anything other than more evil.

Perhaps Göring, Ribbentrop and the rest of the Nazis prosecuted at Nuremberg for their war crimes were following the wrong line of defense when they claimed they were merely “following orders,” they should have just proclaimed that the world should be “looking forward not backwards” and according to the Biden/Obama view of justice, they would have got off scot free.

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OnlineJournal.com

WMR has learned from knowledgeable sources in Ohio that Republican Party computer networking guru Mike Connell was warned not to fly in anonymous warnings conveyed to principals in the ongoing federal civil lawsuit of King Lincoln Bronzeville Neighborhood Association v. Blackwell, stemming from GOP-engineered vote fraud in the 2004 Ohio presidential election, as well as a potential Ohio racketeer-influenced criminal organization (RICO) criminal proceeding against former Bush White House aide Karl Rove and Blackwell, in the conspiracy to illegally steer Ohio’s 20 electoral votes to the Bush column in 2004.

Connell’s Piper Saratoga single-engine plane crashed during the evening of December 19 in Uniontown, Ohio, as it was preparing to land at Akron-Canton airport. There were no other passengers and Connell was killed in the crash. Connell had flown to College Park, Maryland, the previous day. Connell, who lived in Akron with his wife Heather and four children, often flew to Washington for activities related to his IT businesses.

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Newly uncovered video from 9/11 featuring an interview with FDNY lieutenant David Rastuccio on MSNBC confirms that there was a plan to deliberately demolish WTC Building 7, as was originally indicated in Larry Silverstein’s infamous statement on the PBS documentary, America Rebuilds.

In the clip, Rastuccio responds to the host’s statement that “You guys knew this was coming all day,” by stating, “We had first reports that the building was unstable and that it was best for it to come down on its own or it would be taken down, I would imagine that it came down on its own.”

Though Rastuccio expresses his opinion that the building had collapsed without the aid of explosives, he admits that a plan had been in place to deliberately demolish the structure.

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CoreofCorruption.com

On December 11, 2008, WeAreChangeLAs Jeremy Rothe-Kushel and Bruno Bruhwiler were on hand to cover an event with William Bratton, the Chief of the LAPD. Bratton was at a Townhall LA event in West Los Angeles to drum up support for using funds promised to hire more LAPD officers.
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Stephen C. Webster  | RawStory.com

A career Army specialist who survived the attacks of Sept. 11, 2001, claims that no evacuation was ordered inside the Pentagon, despite flight controllers calling in warnings of approaching hijacked aircraft nearly 20 minutes before the building was struck.

According to a time-line of the attacks, the Federal Aviation Administration notified NORAD that American Airlines Flight 77 had been hijacked at 9:24 a.m. The Pentagon was not struck until 9:43 a.m.

On behalf of Spc. April Gallop, who served in the Network Infrastructure Services Agency as an administrative specialist, California attorney William Veale has filed a civil suit against former Secretary of Defense Donald Rumsfeld, Vice President Dick Cheney and former US Air Force General Richard Myers, who was acting chairman of the joint chiefs on 9/11. It alleges they engaged in conspiracy to facilitate the terrorist attacks and purposefully failed to warn those inside the Pentagon, contributing to injuries she and her two-month-old son incurred.
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AP | CNNMoney.com

A judge says developer Larry Silverstein cannot recover more from the aviation industry than the $2.8 billion value of the World Trade Center if his lawsuits succeed.

Federal Judge Alvin Hellerstein made the determination in a ruling filed Thursday. The decision carried Wednesday’s date.

Hellerstein rejected Silverstein’s claims that his company would be entitled to as much as $16.2 billion from American Airlines, United Airlines and other aviation defendants.

A lawsuit on behalf of Silverstein’s companies claimed that negligence by the airlines allowed the terrorists to hijack planes that struck the twin towers on Sept. 11, 2001.

The aviation defendants denied liability.

A call to Silverstein’s lawyer wasn’t immediately returned. 

Mark Pittman | Bloomberg.com

The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.

Bloomberg filed suit Nov. 7 under the U.S. Freedom of Information Act requesting details about the terms of 11 Fed lending programs, most created during the deepest financial crisis since the Great Depression.

The Fed responded Dec. 8, saying it’s allowed to withhold internal memos as well as information about trade secrets and commercial information. The institution confirmed that a records search found 231 pages of documents pertaining to some of the requests.

“If they told us what they held, we would know the potential losses that the government may take and that’s what they don’t want us to know,” said Carlos Mendez, a senior managing director at New York-based ICP Capital LLC, which oversees $22 billion in assets.

The Fed stepped into a rescue role that was the original purpose of the Treasury’s $700 billion Troubled Asset Relief Program. The central bank loans don’t have the oversight safeguards that Congress imposed upon the TARP.

Total Fed lending exceeded $2 trillion for the first time Nov. 6. It rose by 138 percent, or $1.23 trillion, in the 12 weeks since Sept. 14, when central bank governors relaxed collateral standards to accept securities that weren’t rated AAA.

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The global elite will not rest until they have undermined the last bastion that stands in their way as they attempt to dominate and subjugate of the once great republic of the United States — the Constitution and the Bill of Rights. Over the years — but especially since September 11, 2001, and the creation of the phony GWOT against manufactured terrorists — the government has made great strides in curtailing the Bill of Rights.

Government has singled out and specifically attacked the First, Second, Fourth, Fifth, and Sixth Amendments. However, for the global elite and their minions in government, this piecemeal approach is too slow and often results in organized resistance and legal challenges.

So the global elite have decided on another tactic — change forever the Constitution and the Bill of Rights through a Constitutional Convention.

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Paul Cheston | ThisisLondon.co.uk 

Banned from considering an unlawful killing verdict, jurors returned an open verdict by an eight to two majority on the death of the innocent Brazilian electrician. The panel made clear it did not believe some of the evidence from the police marksmen.

The officers had claimed that Mr de Menezes moved towards them in a menacing fashion before they opened fire.

Officer C12 – the first to shoot – even claimed he shouted “armed police”. But the jury decided unanimously there was no warning and that Mr de Menezes, 27, did not move before he was grabbed in a bear hug by surveillance officer, Ivor, and was shot at point-blank range.

But the jury did agree unanimously that Mr de Menezes rose from his seat as the armed police raced into the Tube carriage. Jurors deliberated for seven days before returning their verdict today on the shooting at Stockwell station the day after the 21/7 attempted suicide bombings in 2005.

Acting Met Commissioner Sir Paul Stephenson said after the verdict: “We made a terrible mistake – I am sorry.” Extending his condolences to Mr de Menezes’ family he added that the Met “must and do accept full responsibility”. In response to a detailed questionnaire from coroner Sir Michael Wright, the jury decided unanimously that several factors had caused or contributed to the mistaken shooting of the man police believed to be terrorist Hussain Osman:

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