Articles Posted by Gritty
-
In "The Trust" by Susan E. Tifft and Alex S. Jones, a fawning historical account of the New York Times and the family behind it, the authors describe how the Newspaper of Record conspired to hide information about the Holocaust: A July 2, 1944, dispatch citing "authoritative information" that 400,000 Hungarian Jews had already been deported to their deaths and an additional 350,000 were to be killed in the next three weeks received only four column inches on Page 12, while that same day a story about Fourth of July holiday crowds ran on the front page. To find out...
-
Why the Gold Cartel Will Fail to Prevent a Primary Gold Bull MarketThe Real WHY They Are Trying to Prevent it JP Morgan/Chase appears to be the main member by accident or by intention of the Gold Dealers short seller's club. JPM (NYSE Symbol for JP Morgan/Chase) has received, in our opinion, from Central Banks, lease agreements, whereby they are able to receive physical bullion from the central bank paying now 3/4 of 1% per annum. JPM and/or their clients are free to use or sell this gold in any manner they want. JPM themselves or on behalf of...
-
Los Angeles, Alta California - August 7, 2002- (ACN) In an extraordinary political move, President Vicente Fox has announced the formation of a cabinet level agency to govern, protect and provide services to over 20 million Mexicans now living in Aztlan, a territory encompassing most of the southwest part of the USA. President Fox declared yesterday that he will personally lead the new agency he named "Consejo Nacional para las Comunidades Mexicanas en el Exterior" ( National Council for Mexican Communities Abroad). The "Council" will consist of the president, most of the cabinet secretaries and a, as of yet unnamed,...
-
The world tilted on September 11, 2001. The terrorist attacks on America shattered the innocence of the post-Cold War era. A US-centric global economy was subjected to new and uncertain strains. Since then, the world’s growth engine has continued to sputter, and globalization -- the glue that binds the world together -- has come under heightened pressure. But resilience has also been an unmistakable feature of the post-9-11 world. The global economy shuddered but did not tumble into the abyss. The passage of a year offers a fresh perspective on the impacts of the devastating shock of a year ago....
-
<p>New York, Sept. 2 (Bloomberg) -- Prices of commodities from crude oil to cocoa are having their strongest rally in 19 years in a jump that analysts and investors say shows few signs of ending as supplies tighten.</p>
<p>A three-month drought in the Midwest has dimmed prospects for U.S. crops and sent corn and soybean prices up by almost a third this year. Crude oil is up 46 percent on concern the U.S. will attack Iraq, disrupting Middle East exports. Gold, which languished for years, is up 13 percent as investors sought refuge from tumbling stocks.</p>
-
Arriving in Riyadh, Saudi Arabia Thursday night and armed with a sense of purpose--and a list of 14 names--Chairman Dan Burton (R-IN) is leading a bipartisan delegation attempting to do something the State Department has stubbornly refused to do for nearly two decades: rescue kidnapped American children (some of whom are now young adults) trapped in the desert prison. Right as the United States' relationship with the oil-rich nation has been receiving a fresh round of critical scrutiny from foreign policy types--particularly conservatives--the Saudi royal family has an opportunity to reverse course and actually allow Americans held hostage in the...
-
Reasonable people might be forgiven for being confused by media coverage of the so-called debate about whether or not the US will invade Iraq. Much of the coverage has been based on two assumptions: first, that the administration has yet to make a decision to go to war with Iraq; second, that if it does decide in favor of war, there will be a measurable deployment of forces to the theater a la Desert Shield in 1990. Both assumptions are wrong. First, what exactly do people think the US military has been doing during the past decade? It has been...
-
-
In the first of a week-long series, the Post's Isabel Vincent examines the sudden erosion of a continent's experiment with free markets and democracy.- - -BUENOS AIRES - In a measure of the deep social, political and economic crisis sweeping Argentina and much of the rest of South America, the average protester here is not a teenage hooligan lobbing Molotov cocktails at army tanks, but a middle-class professional. (Reuters: A girl scavenges among plastic cups in a garbage dump in a Buenos Aires slum. After a crippling recession, it is estimated one of every four Argentine children do not have...
-
To understand why the U.S. economy can't seem to muster a stronger recovery, it helps to look for clues in Victorville, Calif., where 500 unused and unwanted passenger jets -- some of them brand new -- sit wingtip to wingtip in the desert. Or in Detroit, where the Big Three continue to churn out large numbers of passenger cars that they sell at little or no profit, just to keep their factories busy.
-
DALLAS | -- Many of America's 77 million baby boomers began moving into middle age and the homestretch toward retirement just as the late, much-lamented bull market took off. And just as that market surge fueled visions of a wealthier, more secure future, its fall is forcing many boomers to recalculate their expectations. The new math involves a lot of subtracting.
-
SAN FRANCISCO (CBS.MW) -- Paul Krugman, the New York Times columnist and Princeton professor of economics, has been concerned lately that the post-bubble United States is about to enter an extended period of stagnation.The U.S. situation in the first decade of this millennium, he fears, could be similar to that of Japan in the final decade of the previous millennium, following the bursting of its bubbles.Krugman is right to worry. But he's worried about the wrong continent. His concerns should be centered on Europe, not America. And the poster boy for the economic malaise that is increasingly enveloping Europe is...
-
Mexican gangs are staking claim to turf in New York, menacing fellow immigrants as they rack up a deadly record of crime and violence. The gangs thrive on shoplifting and selling fake green cards, but they also are known to extort shop owners, deal drugs and protect prostitution rings, police said. Their favorite exploit is barging into Baptisms, weddings and other Mexican family gatherings, where they threaten guests and steal alcohol. One such raid early Sunday in the Bronx touched off gunfire that left a 10-year-old girl dead. Police say these Mexican gangs are most active in Corona and Elmhurst...
-
Gus Grose, an Ecusta retiree, and his wife, Bonnie, stand in the back yard of their home near Brevard on Friday. Photo by PATRICK SULLIVAN/TIMES-NEWS When Gus Grose was a young man, a job at the Ecusta paper mill in Pisgah Forest meant more than a steady paycheck. In 1941, it provided other employees and him with cafeteria meals, health care, holiday social gatherings — even a musical education.“We would put on minstrel shows and square dances back in the old days — it was more like home,” said Grose, 79, who lives on his family’s 130-acre cattle farm in...
-
SAN FRANCISCO (CBS.MW) -- Where there's red ink in a stock price, there's trouble -- and that bodes ill for the largest U.S. investment banks.There is overwhelming evidence this year that a company's plunging equity is almost always a sign of worse to come. Shares of Tyco (TYC: news, chart, profile) dropped precipitously, to levels no one thought possible, earlier this year. Only to keep falling, again and again, on repeated rounds of horrible charges leveled against the company's accountants and its top executive. The same can be said about shares of AOL Time Warner, Vivendi, Elan Corp, Qwest Communications,...
-
NEW YORK (CBS.MW) - Salomon Smith Barney lead telecom analyst Jack Grubman resigned Thursday night, the latest and most prominent Wall Street casualty of the collapse of Worldcom into the nation's biggest bankruptcy.Grubman, 48, who is being investigated by regulators for his role in the rise and fall of Worldcom (WCOEQ: news, chart, profile), said in a letter to Salomon employees that the "current climate of criticism has made it impossible to perform my work," and has hurt his family."The relentless series of negative statements about my work, all of which I believe unfairly single me out, have begun to...
-
Major Operation was in place to Squeeze Equity Shorts and to Rally Securities market in order to SAVE major derivative dealers facing potential credit worthiness DOWNGRADES. When the IMF so distorts the truth as to actually LIE about a $30,000,000,000 international loan, how can you publicly condemn corporate crooked bookkeeping and not the IMF as well? The IMF did not lend to Brazil $30 billion US Dollars as advertised to markets. The funds that are to be forwarded to Brazil, in 2002 & 2003 are referred to as "Museum Funds" in the international lending circles. These funds gain this title...
-
-
WASHINGTON, Aug. 1 (UPI) -- "Put not your trust in princes" says the King James version of the Bible (Psalm 146, verse 3). As an investor, put not your trust in numbers, either, whether government statistics or corporate financial statements. Did you know that, according to Generally Accepted Accounting Principles, the U.S. Federal budget deficit in the year to September 2001 was over $500 billion?I thought not.On the figures everybody knows about, the budget last year was in surplus, to the tune of $127 billion. However, that's based on government accounting principles, which don't, for example include accrued pension, healthcare...
-
Invest more, and replenish Wall Street is in trouble. This is your fault.Yes, I am talking to YOU, Mr. or Ms. Small Investor. Wall Street is getting sick and tired of your namby-pamby ''wait and see'' attitude toward the stock market. Wall Street wants you to show some courage and resume handing your money over to Wall Street, the way you did back in the excellent 1990s, when we had a New Economy, and leading Wall Street analysts were touting all these amazing new companies that were in the exciting new business of . . . OK, nobody really knew...
|
|
|