Journal: Nobel Peace Prize Implodes (Update 5)

Original Announcement: Oct. 9 (Bloomberg) — President Barack Obama was awarded the Nobel Peace Prize “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” the Nobel Committee said. “The Nobel Committee has in particular looked at Obama’s vision and work toward a world without atomic weapons,” Thorbjoern Jagland, chairman of the five-member …

Journal: Chuck Spinney Flags Jeff Madrick on Greed and Corruption in Form of Economic “Rents” in Form of Massive Unwarranted Bonuses and Salaries Among Wall Street, Federal Reserve, and Revolving Department of Defense Leaders

In the attached essay, my friend Jeff Madrick uses the unbridled greed of the finance industry (now trying to rescue itself from its own excesses by sucking at the government teat) to highlight the basic hypocrisy in the so-called free-market economy of go-go capitalism.  Jeff summarizes the results of two recent mainstream economic studies which …

CENTCOM Week in Review Ending 30 July 2009

Hot Topics AF: Americas New Nightmare 07/28/09 AF: Taliban issues Code of Conduct to fighters in Afghanistan 07/30/09 IR:  Iran and the Taliban, allies against America 07/28/09 IR:  Report: Hezbollah Leader Threatens Tel Aviv Strike 07/27/09 KZ: Economic meltdown only latest woe for oil-rich Kazakhstan 07/30/09 PS:  Gaza Strip to Get Access to Reconstruction Materials …