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Thursday, April 3, 2003
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The number of reported cases of SARS, a mysterious respiratory illness, jumped on Wednesday as China admitted that it had more of them than it had said before. By Donald G. Mcneil Jr. and Lawrence K. Altman. [New York Times: Business]
7:40:30 AM Google It! comment
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Tuesday, March 18, 2003
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Saturday, March 8, 2003
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Sunday, March 2, 2003
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We are all getting older, but some of us are getting older faster than others. Three news items last week highlighted the impact of changing demography on the world economy: the latest United Nations estimates of population change; some testimony from Alan Greenspan, chairman of the Federal Reserve Board, to the US Senate on the implications of aging. Psssst, Greenspan Is Not God, Pass It On Forbes US is graying, Greenspan warns Taipei Times Toronto Star - Boston.com
Mr. Greenspan is not a god, right. But I think he is a man with a pragmatic view of the world and the platform to express his view. If you follow his public statements you'll see he speaks his mind with consideration to the politics of the then current administration. Lately though his public comments appear to be increasingly at odds with the Bush administration. His remarks seem to be warning signals to the US about current domestic fiscal problems, a bleak economic future if changes are not made, and what those changes should be. I think Mr. Greenspan is in his endgame and will not be back for another term and this is his way of giving us a path to return to financial growth and fiscal responsibility.
Or perhaps Mr. Greenspan has recognized this administrations "politics is war and winning is everything" motto combined with their discompassionate approach to managing the assets of the United States for now and into the future and he disagrees and has spoken up. I believe Mr. Greenspan when he says "large deficits matter". The right answer, as everyone knows, is to not have deficit spending at all! Paying back every deficit dollar spent includes interest which is real money that's taken out of our economy. When that happens It hurts everyone except the rich. The poor and the retired on fixed income are hurt the most and that simply is not the action of a compassionate or responsible government.
1:21:25 PM Google It! comment
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Wednesday, February 12, 2003
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by Jacob Levich
Here's the prewar zeitgeist in a nutshell: In a widely reported January 16 speech, Tony Blair proclaimed that the impending invasion of Iraq "has nothing to do with oil, or any of the other conspiracy theories put forward."
One week later, Sen. Richard Lugar, chairman of the Senate Foreign Relations Committee, quietly passed word to Russia and France that their countries will be frozen out of staggeringly lucrative postwar oil contracts unless they roll over and endorse the US attack.
Behind the Invasion of Iraq, the startling new book-length report authored by the Research Unit for Political Economy (RUPE), synthesizes the seemingly disparate threads of the US war drive in what amounts to a blistering indictment of American foreign policy. The report (available on the Web at www.rupe-india.org) is lavishly documented and jargon-free; the effect, especially for readers with limited understanding of global commerce and finance, is of puzzle pieces clicking decisively into place.
The RUPE report wholly confirms the widely-held view of the coming war as a massive oil grab, "on a scale not witnessed since the days of colonialism." Further, the current debate about arms inspections and alleged links to al-Qaeda is revealed as pure political theater, since the decision to invade Iraq was made months ago.
Links to the report
Why this Special Issue: India as a Pillar of US Hegemony
Behind the Invasion of Iraq (a summary)
Western Imperialism and Iraq:
From Colony to Semi-Colony
Towards Nationalisation
The Iran-Iraq War: Serving American Interests
The Torment of Iraq
Return of Imperialist Occupation
The Real Reasons for the Invasion of Iraq—and Beyond:
The Current Strategic Agenda of the United States
Home Front in Shambles
Military Solution to an Economic Crisis
Rehabilitating Colonialism
Appendices:
US Declares India a Strategic Pillar
The Pages Ripped out by the US from the Weapons Report
2:35:00 PM Google It! comment
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Friday, December 13, 2002
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The Pope has accepted Cardinal Bernard Law's resignation as the Archbishop of the Boston Archdiocese. The public outrage from the information gathered by the release of the churches records last Wednesday and a letter signed by 58 Boston priests finally motivated Cardinal Law to do the right thing. Cardinal Law remains in the church as a priest and a Cardinal. He also still faces ongoing investigations and testimony in front of the Grand Jury in Massachusetts next Tuesday.
8:09:01 AM Google It! comment
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Wednesday, December 11, 2002
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