dollar
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When will the USA and NATO decide that it's Chavez' turn? By Oscar Heck
The similarities between what is happening in Libya (or rather the reasons why it is happening in Libya) and what is happening in Latin America these days is eerie. Continue reading
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Dominique Strauss-Kahn Was Trying to Torpedo the Dollar By Mike Whitney
Whoever wants to nail IMF chief Dominique Strauss-Kahn has really pulled out all the stops. Their agents have been rummaging through diaries, hotel registries, phone records, yearbooks, yada, yada, yada. The UK Telegraph even paid a visit to a high-priced DC knocking shop to get a little dirt from Madame Botox; whatever it takes to… Continue reading
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Osama bin Laden’s Second Death By Dr. Paul Craig Roberts
If today were April 1 and not May 2, we could dismiss as an April fool’s joke this morning’s headline that Osama bin Laden was killed in a firefight in Pakistan and quickly buried at sea. As it is, we must take it as more evidence that the US government has unlimited belief in the… Continue reading
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America’s true reason for attacking Libya becomes clear with new central bank By Kenneth Schortgen Jr
America’s true reason for intervention, and missile attacks against Libya has become very clear today with a sudden creation by the rebels of a new central bank on March 29th. Continue reading
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"Chávez: The Empire of the Dollar Is Coming to an End"
President Chávez has proposed, at the summit of Arab and South American Countries held in Doha, Qatar, the creation of the ‘Petro’ as new common currency backed by the reserves of oil and gas states to combat the ravages of the global financial crisis. Continue reading
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The Real News Network – Will cheap oil compromise Venezuela
Miguel Tinker Salas explains to The Real News that Venezuela had planned ahead for the price drop, by stocking up on US dollars. Continue reading
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The media’s moola madness By William Bowles
22 September, 2008 What does it take for the corporate media to speak the truth about the economic meltdown? Take the BBC Website for example: It has a page titled ‘Q&A: Financial crisis and you’ where you would expect to find an explanation of this, the latest crisis of capital. Dream on folks, dream on. Continue reading
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Is it the 1930s all over again? By William Bowles
The bottom line then is that the crisis of capital has only two outcomes: remove the competitors or, face the end of capitalism and build a socialist alternative. If the former, then general war (whatever its form, ie “endless war”) is the only conclusion, thereby consuming the over-accumulated capital, ‘taking out’ the major competitors and… Continue reading
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Lies, nothing but damn lies and then there’s the mass media… By William Bowles
The US, along with the UK via their military and economic control, especially over the financial and oil markets are directly responsible for the current crisis, a crisis compounded by the massive financial fraud perpetrated by the major banks and investment corporations, a fraud that ordinary working people are being forced to pay for. Continue reading
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Can Cancun? By William Bowles
As things stand, it looks increasingly likely that either the WTO meeting will end with no decision being reached or the rich world will have to bite the bullet and make deep compromises over subsidies and open up its markets to the products of the poor countries of the world. This is a decisive moment… Continue reading
The New Dark Age 