Launching a lawsuit against the very company that is responsible for a farmer suicide every 30 minutes, 5 million farmers are now suing Monsanto for as much as 6.2 billion euros (around 7.7 billion US dollars). The reason? As with many other cases, such as the ones that led certain farming regions to be known as the ‘suicide belt’, Monsanto has been reportedly taxing the farmers to financial shambles with [...]
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Most have very fond memories of their college going years. Going off to college is one of the few rites of passage that we have in the United States ushering future generations into official adulthood. Yet the cost to attend this passage has gottenastronomically expensive. College has now turned into a very large business funded by deep levels of student debt. In the past, the state took on a larger [...] DALLAS — American Airlines is sending layoff warning notices to more than 11,000 employees although a spokesman says the company expects job losses to be closer to 4,400. The notices went out to mechanics and ground workers whose jobs will be affected as American goes through a bankruptcy restructuring. American Airlines spokesman Bruce Hicks said Tuesday that fewer than 40 percent of those getting notices will lose their jobs. Hicks said federal [...] From The Burning Platform: … The average Italian has a net worth three times as much as you. I thought their country was in shambles? The average freaking Spaniard has a higher net worth than you. I guess buying s#$% on credit for the last three decades didn’t actually make us richer… Read full article (with chart)… LONDON — While the world’s athletes limber up at the Olympic Park, Londoners are practicing some of their own favorite sports: complaining, expecting the worst and cursing the authorities. Asked “What do you feel about the Olympics?” the other day, a random sampling of people here gave answers that included bitter laughter; the words “fiasco,” “disaster” and “police state”; and detailed explanations of how they usually get to work, how that [...] Confidential Home Office documents seen by The Daily Telegraph show that G4S has had its fee for managing civilian security staff for the Games rise from £7.3 million to £60 million. The fee the company takes for running its Olympic office has risen more than 10 times faster than its spending on recruitment, the documents show. The firm’s failure to provide enough staff for Olympic sites this week forced ministers to assign [...] Teen guards ‘behaving like children’ during training exercises Troops set to be drafted in to fill shortfall Hundreds of A-level students have been hired as front-line security guards at the Olympics. They are among 3,300 teenagers recruited from colleges around Britain to help form a ring of steel at Games venues. Security experts expressed alarm [...] The Dallas, Texas, branch of the NAACP has called for a ban on the state lottery, claiming that it is a drain on the finances of low-income people, and especially minorities, who can least afford games of chance. Chapter President Juanita Wallace said many people have spent all their hard-earned money in hopes of striking it rich, but instead, the lottery has left their finances in shambles. ‘It’s an addiction,‘ she told CNN. Moneyball: [...] Anthony Gucciardi Monsanto may soon be forced to pay as much as 7.5 billion dollars back to the farmers who say that the mega corporation took their rightfully earned income and taxed their small businesses to financial shambles. It all started with a monumental lawsuit launched by over 5 million farmers against Monsanto looking to recover financial losses from ridiculous seed taxes that bankrupted many families. Back in April, a Brazilian court [...] Anthony Gucciardi Launching a lawsuit against the very company that is responsible for a farmer suicide every 30 minutes, 5 million farmers are now suing Monsanto for as much as 6.2 billion euros (around 7.7 billion US dollars). The reason? As with many other cases, such as the ones that led certain farming regions to be known as the ‘suicide belt’, Monsanto has been reportedly taxing the farmers to financial [...] Greek Power Regulator Calls Emergency Meeting to Avert Collapse of Power Grid and Natural Gas SystemMac Slavo When the political and economic systems of entire nations collapse the consequences are devastating. Earlier this year pharmacies and hospitals in Greece were unable to provide life saving medicines due to a shortages caused by a freeze in the flow of credit from manufacturers to distributors to patients. A collapse in the country’s economy has forced many Greeks to turn to black market barter economies and has left millions financially devastated, with [...] Former prime minister: “I have crazy ideas for the future.” It launches its proposal on the coin. Alfano: “Stop those who play in shambles.” Cicchitto: “No combination of moderate, not longer support the government Mountains.” Italy Futura: “Do not embark castaways” ROME - It ‘a Silvio Berlusconi show the intervention of former premier meeting of the party groups. “I tell my crazy idea. If no other currency is printed by the ECB, we print our own currency [...] A NEW YORK broker has asked Nasdaq to compensate it for up to $US35 million ($A36.01 million) in losses on the Facebook initial public offering due to the market’s computer problems on the first day of trade. Knight Capital said in a filing to the Securities and Exchange Commission late on Wednesday that it had submitted a claim to Nasdaq over losses related to Friday’s computer problems, which disrupted buy [...] 1. It is an election year. 5. If the market goes down, pensions will need to pull more from the general fund – which is already deeply in debt. If the market goes down the house of cards collapses now. Too soon to the election. Wait for [...] David McWilliams (of Punk Economics) is back (previous discussions here and here) and this time he takes on the the flood of liquidity and the false recovery that has been created. Starting with a discussion of gas prices and the central banks’ recklessness behind it, he swiftly shifts to the ‘shambles in Greece’ where more debt is supposed to solve the problem of too much debt yet again. From extreme highs in Greek rates to extreme [...] David Cameron has been accused of presiding over a “shambles” as petrol stations throughout the country ran out of fuel after government attempts to allay panic buying backfired.3 Ministers had said drivers should not rush to the pumps but should take the “sensible” measure of keeping their tanks two thirds full. Despite there being no possibility of a strike by tanker drivers for at least 11 days, motorists formed queues up to [...] New witness said Zimmerman pinned Trayvon face-down after shooting and did nothing to help R.F. Goggin It’s one thing when a governmental law enforcement official in America attempts to convince a U.S. citizen of the host of supposed threats to their safety from alleged terrorist plotters abroad, but when they raise the specter of American citizens becoming a threat to State or local police (and thereby, to everybody else in the country) – as has been reported by the Associated Press [...] Instead of defaulting a long time ago (when we first suggested it should) when it could have pulled an Iceland, taken a bitter pill, hyperinflated the drachma and in the process delevered overnight, if at a big social cost of losing its welfare safety net (which it is about to lose anyway courtesy of the PSI and OSI), and not be held captive to bigger geopolitical interests, and hostage to the banker superclass, Greece [...] From Peter Tchir of TF Market Advisors The Miracle On Ice One of the Greatest Sports Moments of the 20th Century. What made it amazing was that a bunch of American amateurs defeated a team of Soviets that were amateur in name only. The Soviet Union, whatever the ideals of communism were, had given up on them. Individuals with special talents were given special rewards. It wasn’t just the sports teams, it was [...] America’s economy is in shambles. Fiscal policy is totally gridlocked between Democrats who want to see some long term tax increases, and Republicans who only want spending cuts. Worse yet, the Republicans view economic failure in America as a good thing as they believe it will enhance their chances of recapturing the White House. Because compromise on the budget seems to be off the table [...] The America Dream Is there any other state that is as stupid as California? Unemployment in California has been sitting at about 12 percent for an extended period of time, and yet they continue to push businesses out of the state by imposing thousands of ridiculous regulations on them and by taxing them into oblivion. Now California is even requiring workers comp for babysitters and paid [...] Madison Ruppert For most informed people in the United States, it has become clear that over the past century the private Federal Reserve has been doing nothing other than systematically devaluing and debasing the dollar while destroying the American economy in every way imaginable. This notion was just made that much more concrete after this year’s central bank meeting in the Teton Mountains of Wyoming. The stock [...] by ZH To wit: “Germany’s Angela Merkel faces the biggest challenge to her leadership since coming to power in 2005, with traditionally loyal conservative allies openly criticizing her approach to the euro zone crisis and her hands-off Libya policy in shambles….it is Merkel’s piecemeal approach to the euro zone’s worsening debt crisis that has come under fire over the past week and now threatens [...] Alan Greenspan just said on Meet the Press that the downgrade has hit at the self esteem of the U.S. more than he expected. Austan Goolsbee gave a good reason why he’s surprised: S&P made a critical math error, he said on the show. In general, they both criticize the S&P for making a math error and they say that the U.S. is fine and Treasuries are still safe. But Greenspan says [...] NEW YORK – A prosecutor in New York says a grand jury has indicted former IMF leader Dominique Strauss-Kahn in connection with an alleged attack on a hotel maid. The assistant district attorney did not specify the charge. Strauss-Kahn was appearing before a judge Thursday in a bid for freedom while he awaited trial. The former head of the International Monetary Fund arrived in the courtroom Thursday afternoon wearing a gray [...] by ZH From Reuters: “Manufacturing activity grew more weakly than expected in April, at its slowest pace in 7 months, and a sharp slowdown in new orders cast a cloud over a sector that has been a rare bright spot in the UK economy. The Markit/CIPS manufacturing PMI headline index, published on Tuesday, fell to 54.6 in April, its lowest since September, from a downwardly [...] by Chris Martenson The US budget process is entirely out of control and, by extension, its fiscal future is rather bleak. All one has to do is back up two steps, entirely ignoring the meaningless budget scuffles currently ongoing in DC, to see that the federal government’s fiscal situation is in complete shambles. In fact, as things currently stand in terms of spending and revenues, the US [...] by zh By now America has grown to expect that every failed negotiation by the politico-financial oligarchy always ends up with some version of the “Mutual Assured Destruction” card. And while the bankers of the world at least threaten others with total annihilation if their “much more erudite” suggestions are not adopted up by the great unwashed plebs, the president has come up with a unique [...] http://finance.yahoo.com/tech-ticker/howard-davidowitz-u.s.-economy-%22is-a-complete-disaster%22-514505.html;_ylt=AjFqFeQ53HtwbnsZatASgnlk7ot4;_ylu=X3oDMTE3MjVrMHExBHBvcwMyMwRzZWMDYXJ0aWNsZUxpc3QEc2xrA2hvd2FyZGRhdmlkbw–?tickers=xhb,tlt,^dji,^gspc,xrt,TBT,UUP The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. Davidowitz lays much of the blame for the economy’s woes at the feet of the Obama administration, which he calls “the worst of my lifetime.” Obama “Mr. Mass Destruction” Davidowitz says [...] Howard Davidowitz: U.S. Economy “Is a Complete Disaster” The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. Davidowitz lays much of the blame for the economy’s woes at the feet of the Obama administration, which he calls “the worst of my lifetime.” Obama “Mr. [...] |
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DEVELOPING: SANTORUM’S SATAN WARNING: ‘SATAN HAS SET HIS SIGHTS ON THE UNITED STATES OF AMERICA’
SANTORUM’S SATAN WARNING
Tue Feb 21 2012 09:27:20 ET
“Satan has his sights on the United States of America!” Republican presidential hopeful Rick Santorum has declared.
“Satan is attacking the great institutions of America, using those great vices of pride, vanity, and sensuality as the root to attack all of the strong plants that has so deeply rooted in the American tradition.”
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The former senator from Pennsylvania warned in 2008 how politics and government [...]