Gold and the Myth of Free Markets - By Darryl Robert Schoon (24/5/10) PDF Print E-mail
By Darryl Robert Schoon   
Sunday, 23 May 2010 22:58


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Have We Crossed the Point of No Return? - By Philipp Bagus, Mises Daily (24/5/10) PDF Print E-mail
By Philipp Bagus   
Sunday, 23 May 2010 22:42

A specter is haunting the world, and especially Europe: the specter of a sovereign insolvency. The acute sovereign-debt crisis is largely the result of government interventions in response to the financial crisis.

As Austrian business-cycle theory explains, the credit expansion of the fractional-reserve-banking system had caused an unsustainable boom. At artificially low interest rates, additional investment projects were undertaken even though there was no corresponding increase in real savings. The investments were simply paid by new paper credit. Many of these investments projects constituted malinvestments that had to be liquidated sooner or later. In the present cycle, these malinvestments occurred mainly in the overextended automotive, housing, and financial sectors.

The liquidation of malinvestments is beneficial in the sense that it purges inefficient projects and realigns the structure of production to consumer preferences. Factors of production that were misused in malinvestments are liberated and transferred to projects that consumers want more urgently to be realized.



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Gaza Fever - By Greta Berlin of the Free Gaza Movement, Counterpunch.org (21/5/10) PDF Print E-mail
By Greta Berlin   
Friday, 21 May 2010 12:03

Gaza Fever

By GRETA BERLIN

www.counterpunch.org



"You Need a Proper Boat ... "




We’ve all caught the fever, every one of us who works to send boats to Gaza. From August 2006, when a handful of us started the Free Gaza Movement, every one who has joined us has been stricken with a bad case of the disease. It is chronic. It sometimes causes afflicted patients to insist that if just one more voyage can be planned to this small slice of the Mediterranean, we’ll all be in remission. There is no real cure in sight… yet.

Gaza Fever has now attacked thousands of us who have a passionate sense of justice.

The disease began shortly after Israel invaded Lebanon in 2006, as a group of us were in despair that the Palestinians, once again, were the forgotten symptom of Israel’s grand designs. As the world watched the defeat of Israel by a small band of guerrilla fighters in Lebanon, Israel decided it would take its wrath out on the Palestinians, specifically the Palestinians of Gaza. We watched as Israel, in January 2009, deliberately bombed 1.5 million Palestinians into abject poverty, a man-made catastrophe bordering on genocide.





Azbet, Jabalia in Gaza (January 2009): The devastation stretches as far as the eye can see. The estimate is that 6,000-8,000 houses in Gaza damaged, and 5,000 completely destroyed.



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Last Updated on Friday, 21 May 2010 15:12
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Israel's Intimidation Tactics Won't Stop Us: First Ship Sets Sail for Gaza! - The Free Gaza Movement (16/5/10) PDF Print E-mail
The Free Gaza Movement   
Saturday, 15 May 2010 22:41



Matthias Chang drapes the Malaysian flag over the side of MV Rachel Corrie as the cargo vessel set sail from Ireland on its way to the Mediterranean Sea.

Also present (next to Matthias, in green windbreaker) is former UN Assistant Secretary-General Denis J. Halliday, who is also part of the International Advisory Panel of Perdana Global Peace Organisation, and a signatory of the Kuala Lumpur Initiative to Criminalise War.



The Free Gaza Movement - www.freegaza.org



FOR IMMEDIATE RELEASE




London – 14 May 2010 – At 22:45 local time tonight, the MV Rachel Corrie, a 1200-ton cargo ship, part of the eight-vessel Freedom Flotilla, set sail from Ireland on its way to the Mediterranean Sea. There, ships from Turkey and Greece will join her, then sail to Gaza.

This past week reports from Israel have indicated that the Israeli authorities will not allow the Freedom Flotilla to reach Gaza with its cargo of much-needed reconstruction material, medical equipment, and school supplies. According to Israeli news sources, clear orders have been issued to prevent the ships from reaching Gaza, even if this necessitates military violence.



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Last Updated on Saturday, 15 May 2010 23:14
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Tun Dr. Mahathir Mohamad: Help Us to Publicise Effort to Rebuild Gaza - Bigdogdotcom (15/5/10) PDF Print E-mail
Bigdogdotcom.wordpress.com   
Saturday, 15 May 2010 09:45



Tun Dr. Mahathir Mohamad: Help Us to Publicise Effort to Rebuild Gaza


Fourth Prime Minister and President of Perdana Global Peace Organisation Tun Dr. Mahathir Mohamad appealed to the world’s NGOs to assist in the effort to rebuild Gaza, which was overwhelmed by the brutal Zionist Israeli occupying force to a point where innocent Gazans, which include women, children and old people suffered terribly. They also prohibited any aid to come into Gaza, even for humanitarian grounds and the blockade is still being enforced.

He said this in a media conference at the PGPO HQ, housed in Yayasan Al Bukhary near the National Mosque this morning.



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Last Updated on Saturday, 15 May 2010 10:18
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