economy

* From false co-management and cooperatives to the deceitful EPS, we present a balance of what has happened in Venezuela after at least 7 years of pretending to build a socialist economy, where the available data and verifiable facts belie the failure of the Chavez administration.
 

by Gavin
R. Putland

Version 2008.01.18

By Dr. Walden Bello

A perfect storm is rising in the world financial system. The US Federal bank is setting hyperinflation in motion worldwide. Not just in the US, as the US attempts to export the cost of its financial crisis to the world by inflating its dollar. It is important to note that most (two thirds) of all US dollars actually circulate outside of the US. In Euro-dollars and the like. Or are held in dollar savings accounts   by foreigners in other countries. So when the US devalues its dollar it also devalues these externally held dollars too.

Food prices for the poor of the world countries are rising at record rates.

The war for boosting the profits of the rich imperialist countries from the poor and oppressed counties peoples continues on a number of fronts . Besides the obvious military front, wars for control of oil and gas profits , there is also the front using the dollar hegemony to enforce cheap labour export regimes and the food front.

Spare a penny or a kind thought for Bush .His economy is in big trouble and He can't pass out many more tax concessions to his rich mates.
 As The US economy enters election mode protectionism and concern about "illegal immigration' and outsourcing of jobs issues push to the fore for both Democrats and Republicans. Its all a bit late the chicken has already flown the coop.

A roller coaster ride in the global debt shift

view: http://nimbinradiomedia.libsyn.com/index.php?post_id=246467

download or play: http://media.libsyn.com/media/nimbinradiomedia/sdo__96_subpriming_the_future.mp3

Electronic Frontiers Australia (EFA) is appalled by Friday's announcement that the federal government will force all Internet Service Providers (ISPs) in Australia to provide 'filtered' Internet connections upon request.

WhistleBlowers' Documents Exposed site has found Howard's (and Beazley/Rudd) governments to be sooo corrupt/incapable that it now writes straight to the United Nations making complaints under the United Nations Convention Against Corruption.

 http://www.wbde.org/documents/WBDE_Letter_UNCAC_15_Mar2007.php 

Under this treaty, Howard and his thugs/premiers SHOULD have their assets stripped from them, and returned to the people.