Merrill Lynch’s Chief Economist: We’re Already In a Depression
Source: GW’s Blog
Merrill Lynch’s chief economist for North America, David Rosenberg, writes in an economic commentary entitled “Some Inconvenient Truths” that we are probably already in a depression:
We are likely enduring a depression today
As for depressions, there is no official definition, except to say that they have existed in the past. There were no [...]
IMF, World Bank Call For Global Stimulus
Source: Financial Times
Call for teamwork on global stimulus
Governments are not doing enough to co-operate on rebuilding troubled financial systems and fiscal stimulus packages alone will not boost economic growth, according to the heads of the International Monetary Fund and the World Bank.
Robert Zoellick, president of the World Bank, said on Monday that pumping government money [...]
Air Force Spending $1B On Surveillance Planes
Source: Air Force Times
WASHINGTON — The Air Force soon will fly commercial planes outfitted with surveillance technologies that can help troops in Iraq or Afghanistan detect mines, explosives and other enemy efforts, a senior service official said Friday.
Air Force Brig. Gen. Blair Hansen detailed previously classified plans to reconfigure used and new Hawker Beechcraft Corp. [...]
Military Pushs Biometrics Agenda
Source: AP
On the front lines in Iraq, U.S. troops can scan someone’s eye or finger to try to determine if he is a potential enemy or has been connected to a terror attack.
At military bases on U.S. soil, it’s not that easy.
The use of biometrics _ ranging from simple fingerprints to more advanced retinal and [...]
Global Military Bloc: NATO’s Drive Into Asia
Source: Global Research - Rick Rozoff
With the sixtieth anniversary summit of the North Atlantic Treaty Organization to occur jointly in the French city of Strasbourg and and the German one of Kehl on April 3-4, the world should take note of how far from its original area of operations this, history’s first, international military bloc [...]
