Global Economic Crisis: The Latest Cumulative Impact of America’s Aggressive “Regime Change” Strategy

Crashing global stock markets – punctuated by the bracing 1,000-plus point drop in the Dow Jones Industrial Average at the start of Monday’s trading before a partial bounce-back – are a reminder about the interdependence of today’s world economy and a wake-up call to those who think that the neocon-driven ideology of endless chaos doesn’t carry […]

Tesla unveils a battery to power your home, completely off grid

CEO of Tesla Motors, Elon Musk, landed an official message unveiling the Powerwall, a battery designed to power your home.  The message came at a convention center powered completely by renewable battery power.

The battery unit itself contains the same batteries present in the Tesla electric cars.  The 7kWh unit will ship for $3,000, while the […]

Crying Wolf? Impending Global Financial Collapse Will Change the World Order

Worse than any disease or even leprosy, anyone spouting Austrian economics or even “common sense” (almost extinct today) has been shoved into the outcast corner by the mass delusional majority.  Over the last few years, “theory after theory” has become fact after FACT after FACT!  There can no longer be any question, conspiracy to delude and defraud […]

War and the Economic Crisis

War is inextricably linked to the impoverishment of people at home and around the world. Militarization and the economic crisis are intimately related. The provision of essential goods and services to meet basic human needs has been replaced by a profit-driven “killing machine” in support of Americas “Global War on Terror”. The poor are made […]

The Myth of Economic Recovery

The existence of a “Great Depression” on the scale of the 1930s, while often acknowledged, is overshadowed by an unbending consensus: “The economy is on the road to recovery”.
While there is talk of an economic renewal, Wall Street commentators have persistently and intentionally overlooked the fact that the financial meltdown is not simply composed of […]

Terror Attacks on Oil Ships

Following the attack on the Limburg, Osama bin Laden released an audio tape warning of attacks on economic targets in the West: “By God, the youths of God are preparing for you things that would fill your hearts with terror and target your economic lifeline until you stop your oppression and aggression.” It is no […]

Gold, Silver and “Crashing Markets”

Breaking the quarter down and looking under the hood, were it not for the biggest inventory build of any quarter in history, the quarter would have shown a negative 2.6% growth rate . What exactly does this mean? It means the consumer or final user has shut off their purchases. It means “stuff” was produced […]

Policing the Sea

If September 11 holds any lesson, it is the folly of complacency in the face of an emerging threat. Since the attacks, much has been done to improve maritime security in the industrialized world, where millions of containers are handled every year. But isolated local measures will not suffice. International terrorists who want to cripple […]