Michael, Congratulations on your brilliant article in Counterpunch http://www.counterpunch.org/hudson07312008.html - only just saw it, have been snowed under...
Richard/Michael. I want to second that. In fact, I posted the article on the Icelandic internet forum earlier today. The link is www.malefnin.com. Look under...
Nok en innsiktsfull artikkel fra Bill. Vh! Arno ... From: William Engdahl To: engdahl@... Sent: Thursday, September 04, 2008 3:43 PM Subject: Article...
Sorry for my Norwegian intro: Here is Bill's latest article on grand power strategies - and the sadly lost opportunity of friendly US-Russia relations : Russia...
Another interesting article from this summer. Arno ... From: William Engdahl To: William Engdahl Sent: Saturday, August 02, 2008 10:30 AM Subject: Article on...
080911 Gardiner to gang. A day or so before I departed on my Scandinavian tour a letter appeared in the Times of London from Prof Philip Arestis, Dr. John...
. Hi Gang: Near enough this is the tenth birthday of the Gang of Eight. I date it from the first round-robin email which invented the name, Arno dates it...
Dear Friends of the American Monetary Institute, The 4th Annual 2008 AMI Monetary Reform Conference is shaping up as quite an event. Take a look at the...
These are good questions.... One could also ask a question regarding inflationary effects of (evt.) printing that much fresh money.. Arno Comment one hour ago...
080917 Fellow Cassandras. Perhaps we should rename ourselves the Cassandra Group. Cassandra was a Trojan princess and prophetess, fated by the gods always to...
No, this comment is silly. The credit creation (new) is to compensate for the money being destroyed by bad debts.The manoevre is not pro-inflationary but...
Thanks to Sarbanes Oxley the government and Fed can take over any financial institution they choose, by arguing that it was likely to fail. So no shareholder...
According to Bloomberg, the US government was not involved in the AIG takeover at all, it was entirely the New York Fed, and there seems to have been little...
So it’s official: interest rates are a ‘blunt’ tool, and the direction of credit creation is a more sophisticated and effective tool… Of course the Fed...
The biggest rebuyer of its stock this year was Lehman Brothers. Fuld thought he could bluff the Koreans or some other sovereign wealth fund into paying full...
To answer your question, Arno, both the US Gov¹t, the Fed and Treasury all work for the largest campaign contributors to the politicians on the major ...
Who can come up with the best metaphor for this: Kraft Foods will replace AIG in the Dow. How fitting, we will all be eating macaroni and cheese once this is...
Leo, you¹ve left out the best part. Kraft cheese isn¹t really cheese at all. It is as real as the derivatives trades that AIG insured. Michael Kraft...
Here is what today's New York Times wrote about AIG -- it was bailed out to save the "dumb Europeans." (See the end of the article.) In fact, it turns...
Well, it’s certainly true that the US banks were ‘smart’, if not necessarily all too ethical, in flogging their toxic waste speculative lending to the ...
I think it was necessary. Politically, the consequences otherwise would probably have been the last straw for NATO. I wouldn't dispute the notion that the...
This greed was beyond irresponsible By John Gapper Published: September 17 2008 19:09 | Last updated: September 17 2008 19:09 I have a fine seat in the FT’s...
It looks like Europe will unwind its derivatives swaps as soon as it can. This means a conversion of $s into euros. What will the exchange rate be? Michael ......