Share
Apparently, the Bush administration isn’t just waterboarding its detainees; it’s doing much, much more. I can’t hope this book will get enough press because the American people are completely apathetic, but this is a travesty. Does it take the British press to raise this issue?
Jane Mayer’s new book, The Dark Side, reveals in [...]
Mideast's tag archives
Bush’s torture goes far beyond waterboarding
Jul
Iran finds huge billion barrel oil field
Jul
Share
This report comes from Fin24 in South Africa.
Iran on Sunday said it has discovered a new oil field in the hydrocarbon-rich province of Khuzestan with more than one billion barrels of crude in place.
Oil Minister Gholam Hossein Nozari said the oil field held 1.1 billion barrels of sweet crude oil, of which 233 [...]
Chrysler building: is the Middle East the new Japan?
Jul
Share
If you haven’t heard yet, you will soon. The Chrysler Building was snapped up by the Abu Dhabi Investment Council (otherwise known as the government of a foreign country). With the U.S. still sporting a current account deficit over 5% of GDP, foreign countries around the world are piling up dollar bills in [...]
The Bush Administration steps up its secret moves against Iran
Jul
Share
In a new expose by Seymour Hersh, the New Yorker explains what the Bush administration is up to regarding Iran. Obviously, there is still time to attack Iran before Bush leaves the White House. Are they prepared to do so? Read here.
Peak oil: it’s all about the Saudis
Jun
Share
Whether you believe that peak oil is here or you believe that it’s fantasy, ultimately your opinion rests on whether the Saudis can pump more oil. For years, Saudi Arabia has been the swing oil producer, able to turn on its oil spigots when more was needed. Back in 1998, one reason oil [...]
Barclays raises £4.5 billion from Asia and Mideast
Jun
Share
Barclays was successful in raising the money it needed. It was able to avoid a rights issue with the attendant problems that HBOS has faced by going cap in hand to Asia and the Middle East. In the end, it was the Qatar Investment Authority and Sumitomo Mitsui Banking Corporation who bailed out the [...]
Bush Overstated Iraq Evidence, Senators Report
Jun
Share
Straight from the Senate Intelligence Report (in PDF), we find that Scott McClellan is right. The Bush Administration lies. They used obviously false information to make their case for war. This sounds an awful lot more like grounds for impeachment than the Monica Lewinsky affair.
The New York Times says:
A long-delayed Senate committee [...]
McClellan reminds of Wolfowitz five years ago
May
Share
Remember when Paul Wolfowitz admitted in 2003 almost five years ago to the day that there never were any weapons of mass destruction? The Bush Administration had decided to use the WMD rationale ‘for bureaucratic reasons.’ He said, For bureaucratic reasons we settled on one issue, weapons of mass destruction, because it [...]
White House Press Corps: Arrogant and Shoddy
May
Share
I was just listening to the Podcast of the Diane Rehm Show’s Friday Round-Up (real media file here) and I heard one of the three press ‘pundits’ (Eamon Javers, Eleanor Clift, and Stephen Hayes) defending the shoddy and fearful work of the White House press corps leading up to the war. Scott McClellan wrote [...]
The Scott McClellan book
May
Share
So, you’ve probably heard about Scott McClellan’s book. The word everyone is using is “scathing.” The Bush administration says he is “disgruntled.” Irrespective of what the spin is, the fact is he was a White House insider for seven years and the Chief Spokesperson for the White House. What he says [...]
Subscribe
Search
Random Quote
- “Banks that don’t lend to the non-financial enterprise sector and to households are completely and utterly useless, like tits on a bull.”
-- Willem Buiter, Nov. 2008 Mavercon Blog
Polls
- Sorry, there are no polls available at the moment.
Recent Posts
- A New World Order
- A quick video primer on Repo 105
- Fed Does Not Hike Discount but Greek Concerns Continue To Bolster US Dollar
- Jim Rogers: expect a double dip by 2012
- Roach: I think we should take the baseball bat out on Paul Krugman
- Chinese protectionist flashback
- The politicization of economic problems
- This is the problem with China’s currency peg
- Possible Shift in Germany's Position on Greece Supports Dollar
- Links: 2010-03-18 – Overheating in Asia and more on China
Tweet Blender
- edwardnh: Instability in 1960s made secret pacts with U.S. necessary: expert | The Japan Times Online: http://bit.ly/cYQXwk $$
40 minutes agoedwardnh: The Advanta bankruptcy is a big deal. Here's the precursor from November http://bit.ly/a14ccs
1 hour agoedwardnh: FDIC: Failed Bank Information - Bank Closing Information for Advanta Bank Corp., Draper, Utah http://bit.ly/9Blc1g
1 hour agoedwardnh: FDIC: Failed Bank Information - Bank Closing Information for Century Security Bank, Duluth, GA http://bit.ly/cXZCnq
1 hour agoedwardnh: YouTube - Google Says Viacom Secretly Uploaded Clips to YouTube: Video: http://bit.ly/bjqcyx $$
2 hours ago
Blog Rating
Average blog rating:
9.3
420 votes cast for 209 posts
Tip Jar
Research
Casey Research: Sooner or Later, You’ll Invest Abroad
Casey Research: Will Obama Destroy Any Hope of U.S. Energy Independence?
Casey Research: An Insider’s View of the Real Estate Train Wreck
Casey Research: Vintage Wine Turns Sour for Financiers
Casey Research: What’s a Company's Gold Worth?
Casey Research: The Other Oil Play You Simply Can't Ignore
INO: A Quick Peek at Crude Oil
INO: Make Some Sense of Today's Gold Market
Resources
Popular Posts
- Strategic default: In come the waves again
- The politicization of economic problems
- Germany backtracking on IMF involvement in Greece
- Links: 2010-03-13 – Fed’s Lehman Repos, States may hold onto tax refunds
- Roach: I think we should take the baseball bat out on Paul Krugman
- Chart of the Day: Financial, Household and Government Debt-to-GDP ratios
- The Economy's Vicious Cycle for Michigan Banks and Business
- Is China in a bubble blow-off top like Japan post-Plaza accord?
- Serious Problems Emerge For The F-UK-DE Group of Countries
- Japan - Defying Gravity?
Most Viewed
- Credit Crisis Timeline
- Switzerland threatened with bankruptcy
- Letterman’s Top 10 George Bush moments
- Is the State of California bankrupt?
- The Dummy’s Guide to the US Banking Crisis
- Marc Faber: I advise every American to hold his gold outside of the United States
- Top ten predictions for the 2009 global economy
- Byron Wien: Ten Surprises for 2009
- Chart of the day: Dow 1928-1932
- The recession is over but the depression has just begun
- The Swedish banking crisis response – a model for the future?
- Quantitative easing: printing money like mad to ward off deflation
- About
- The top 25 European banks by assets
- Lehman Brothers: a primer on Credit Default Swaps
- Marc Faber: China’s numbers are fake
- California will go bankrupt
- Chart of the day: Total US Debt
- Currency crisis is gathering storm
- The TED Spread
Highest Rating
Is the recession dating committee preparing for a double dip? (4 votes)
New York Times caught copying financial blogs (4 votes)
The mindset will not change; a depressionary relapse may be coming (13 votes)
The recession is over but the depression has just begun (5 votes)
The Fake Recovery (5 votes)
Readers of this blog expect the recession to last redux (5 votes)
Randall Wray: Fire Geithner Now! (4 votes)
The Age of the Fiat Currency: A 38-year experiment in inflation (4 votes)
On the sovereign debt crisis and the debt servicing cost mentality (3 votes)
Bill Black and The Federal Reserve’s War Against Effective Regulation (3 votes)
Translate
- Powered by Google Translate.




