Wednesday, October 19, 2011
Africa is the Prize
Washington is to send a hundred special operations troops to Uganda to help local forces fight the Lord's Resistance Army, widely considered a terrorist organization. The Ugandan government has been fighting this guerilla group for over two decades. But Asia Times correspondent Pepe Escobar says America has far-reaching plans for the region, that have little to do with protecting civilians.
UK Inflation hits 19-year high of 5.2%
The last time the consumer prices index (CPI) was higher was March 1992, when it reached 7.2pc, according to the Office for National Statistics (ONS) data.
Annual inflation was also 5.2pc in September 2008, when oil rocketed to an all-time high of $147 a barrel and the global financial system was on the brink of collapse following the failure of Lehman Brothers.
The ONS said that the price rises of four of the six large utility companies have been factored into the inflation figure so far. The other two will be reflected in the October inflation figures.
Bills for gas, electricity and other fuels rose 18.3pc on the year in September, while transport costs were up 12.8pc. Food prices were 6pc higher than last year. Economists had expected CPI to be between 4.9pc.
The unsavoury combination of high inflation and high unemployment in September pushed the UK 'Misery Index' to a 19-year according to Chris Williamson, chief economist at Markit....read on
Keiser Report: Live by Fraud, Die by Fraud
By RussiaToday on Oct 18, 2011
This week Max Keiser and co-host, Stacy Herbert, talk about JP Morgan's bet against itself, a Florida legislator's plans to boost the economy with 'dwarf-tossing' and Tim Geithner flying economy. In the second half of the show, Max Keiser interviews Saifedean Ammous about Mubarak's odious debts and about whether or not Occupy Wall Street is an Arab Spring for the West.
This week Max Keiser and co-host, Stacy Herbert, talk about JP Morgan's bet against itself, a Florida legislator's plans to boost the economy with 'dwarf-tossing' and Tim Geithner flying economy. In the second half of the show, Max Keiser interviews Saifedean Ammous about Mubarak's odious debts and about whether or not Occupy Wall Street is an Arab Spring for the West.
Tuesday, October 18, 2011
Occupy Sydney
I went to the Occupy Sydney protest today and met up with the famous Danny.
I also spoke to another protester who was was giving a speech about the evil banks, we discussed silver and he gave a few shout outs to "Crash the Banks, Buy Silver"
I also spoke to another protester who was was giving a speech about the evil banks, we discussed silver and he gave a few shout outs to "Crash the Banks, Buy Silver"
Danny on youtube
More photos from the protest
Outside the headquarters of the Reserve Bank
A new global currency
CrossTalk: Occupy Globe
People are rising up against the authorities all around the world. Is this a crisis of the current political and economic system? What do these protests have in common? Is it democracy in action? Or is it all just an unwillingness to accept the new challenges new generations face? And can the government actually meet their demands? CrossTalking with Pepe Escobar, Richard Sennett and Ambassador Terry Miller.
Global Debt calculator
An amazing global debt calculator on the Economist website.Click here or on the image to go to the calculator.
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