Annals of Homeland Security: Crony Capitalism, Nuclear Terror and the “Advanced Spectroscopic Portal”

When the Department of Homeland Security announced in 2006 that it awarded contracts totaling some $1.2 billion over five years to Raytheon, Thermo Electron and Canberra Industries for “Advanced Spectroscopic Portal” (ASP) radiation monitors, it should have been reality-check time. But Congress being what it is, it wasn’t, and now massive cost overruns plague the […]

War pimp alert: US gives ‘major’ boost to covert ops in Iran: report

A covert operation is a military or political activity carried out in such a way that the parties responsible for the action can be an open secret, but cannot be proved. Covert and clandestine are related terms, but not interchangeable. According to a United States Department of Defense definition, a covert operation is: “ An […]

Nat’s secret advisers accused of dirty tricks in Aussie

John Key’s public image has been all about the self-made man. His success as National Party leader has been credited to his “quick political instincts”, his “intuition”, his “natural” and “spontaneous” character and his skill in “creating strong visual images that push all the right buttons”. Some journalists have asked: “Who is giving John Key all […]

Medical Consequences of a Nuclear Attack on Iran

Global Research Editor’s Note In this report published in 2006, the PSR tends to support US sponsored pressures on Iran regarding its alleged nuclear weapons program : “The use of nuclear weapons against Iran would be illegal under international law. Their use would outrage the international community because of the scale of the medical and environmental catastrophe that would result. PSR urges […]

War pimp alert: ‘US builds 4 bases on Iraq-Iran border’

“The bases do not serve military intentions and its staff would not be military personnel.” Yeah right and I’ve got a rainforest in the Sahara I could sell you for a good price. The US military has constructed four advanced bases 20 miles from Iraq’s border with Iran, a senior Iraqi police officer has announced. […]

Carnage for car makers as panicking investors send US shares into reverse

Panicking investors are dumping shares in America’s biggest car manufacturers, amid suggestions that collapsing sales could push them to the brink of bankruptcy. General Motors, the world’s biggest car maker and producer of American icons such as the Chevrolet, the Cadillac and the Hummer, saw its shares plunge to the levels of more than 50 […]

Citigroup will need to write down $9bn in second quarter, analyst predicts

Citigroup may suffer second-quarter writedowns of $9bn (£4.5bn), analysts at Goldman Sachs said yesterday. The analyst William Tanona said the banking giant, hit by more than $46bn of writedowns and credit losses in the past three quarters, may write down $7.1bn of collateralised debt obligations and associated hedges, and $1.2bn for other asset classes in […]

1 in 33 Homeowners Projected to Be in Foreclosure Within the Next Two Years

This will affect more than 9 million people. Man, women and children. New Report Highlights Actions States Are Taking To Help Mitigate The Mortgage Crisis And Urges Federal Legislation To Take State Efforts Into Account WASHINGTON, April 16 /PRNewswire-USNewswire/ — One in 33 homeowners is projected to be in foreclosure primarily over the next two […]

Downturn pushes more Americans to food banks

Still feel that New Zealand is an independent little Nation which has aeconomy not dependent on America’s fortune and willingness to consume more than any other people on earth? According to the Hamilton and Auckland foodbanks the people who need food is on the rise in NZ too. With an artificially created international housing bubble […]

Le Téléprésident: Sarkozy tightens his grip over French state TV

John Key did not like it when a journalist broke the news that Smiling Assassin John Key wanted to lower wages and make workers work longer hours. National bullied the News Paper into a retraction. When Kate Wilkinson quite clearly said that employer contributions to KiwiSaver was not going to be compulsory the chief spin […]

The Political Economy of Media

Rich Media, Poor Democracy: Communication Politics in Dubious Times At a time of technological wonders, communication breakthroughs, and near limitless online ways to stay informed, our society is largely depoliticized. Political involvement is weak, and it’s evident when presidential and off-year elections are held. Routinely, half or less of the electorate turns out, and those […]