Tag Archives: words

The New Push for a Global Currency

You surely didn’t think that the governing elites would let this economic crisis pass without pushing some cockamamie scheme for control. Well, here is the cloud no bigger than a man’s hand, a revival of a 60-year-old idea of a global paper currency to fix what ails us. The IMF study that calls for this is by Reza Moghadam of the Strategy, Policy, and Review Department, “in collaboration with the Finance, Legal, Monetary and Capital Markets, Research and Statistics Departments, and consultation with the Area Departments.” In other words, this paper shouldn’t be ignored. It’s a long-term plan, but the plan has the unmistakable stamp of Keynes: “A global currency, bancor, issued by a global central bank would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy…. The global central bank could serve as a lender of last resort, providing needed systemic liquidity in the event of adverse shocks and more automatically than at present.” The term bancor comes from Keynes directly. He proposed this idea following World War II, but it was rejected mostly for nationalistic reasons. Instead we got a monetary system based on the dollar, which was in turn tied to gold. In other words, we got a phony gold standard that was destined to collapse as gold reserve imbalances became unsustainable, as they did by the late 1960s. What replaced it is our global paper money system of floating exchange rates. But the elites never give in, never give up. The proposal for a global currency and global central bank is again making the rounds. What problem is being addressed? What is so desperately wrong with the world that the IMF is floating the idea of a world currency? In a word, the problem is hoarding. The IMF is really annoyed that “in recent years, international reserve accumulation has accelerated rapidly, reaching 13 percent of global GDP in 2009 — a threefold increase over ten years.” You see, monetary policy isn’t supposed to work this way. In their ideal world, the central bank releases reserves and these reserves are lent out, leading to a boom in consumption and investment and thereby global happiness forever (never mind the hyperinflation that goes along with it). But there is a problem. The current system is nationally based and so the economic conditions of one country turn out to have an influence on the borrowing and lending markets. Without borrowers and lenders, the money gets stuck in the system…. Continued at: http://www.campaignforliberty.com/article.php?view=1049 added by: Dagum

Deena Nicole Cortese: Total Class in a Glass

Watch out, Seaside Heights. And call the police in advance. Why? There’s a new Guidette in town: Deena Nicole Cortese. MTV has confirmed that Nicole “Snooki” Polizzi’s real-life BFF, who has also been referred to as simply Deena Nicole , will join the Jersey Shore cast in Season 3. The new cast member has been all but confirmed in recent weeks, but the network has not acknowledged bringing her on board until now. What can we expect? Cortese describes herself as “class in a glass and party in a body,” so you know it’s going to be good. She’s already started filming and partying with the crew. Deena and Snook are totes BFFs . Deena has been seen shooting scenes with her girl Snooki , as well as the classy likes of co-stars Mike “The Situation” Sorrentino and Jenni “J-Woww” Farley. “Deena Cortese embodies the quintessential Jersey Shore archetype,” Jersey Shore casting director Doron Ofir recently told The Examiner of his new star. The new star, who is single, “is a Jersey native, proud to live, play, love at the shore. I hope America loves her as much as I do. Get ready for ‘Rockstar’!” Live, Play, Love. In other words, Scream, Fight, Bone .

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Deena Nicole Cortese: Total Class in a Glass

The American Empire

The US has encircled the world with a web of military bases that today amount to more than 700, in 40 countries. It's one of the most powerful forces at play in the world, yet one of the less talked-about. Why do countries like Germany, Italy, Japan still host hundreds of US military bases and thousands US soldiers? What stance has president Obama taken on this subject? This documentary answers these and other questions both through the words of experts Noam Chomsky, Gore Vidal, Chalmers Johnson and through those directly affected by US bases in Italy, Japan and the Indian Ocean. EFFENDEM FILM, TAKAE FILMS presents: Standing Army http://www.standingarmy.it/ http://www.effendemfilm.com/ http://www.youtube.com/watch?v=5vxlFuTcUQc&playnext=1&videos=BsB7njPMnX4 added by: cool0ne

Eminem’s ‘Love The Way You Lie’ Clip Successfully Delivers Message, Fans Say

‘You see the bruise near her eye and it’s shocking. Shows how ugly the relationship really is,’ says MTV News commenter down.to.fly. By James Dinh Eminem (file) Photo: Michael Caulfield/ WireImage While fans are applauding Kanye West’s innovative clip for “Power,” others are buzzing about the serious domestic violence undertones displayed in Eminem and Rihanna’s “Love the Way You Lie” video . The Joseph Kahn-directed clip portrays the downward spiral of an abusive couple, played by Megan Fox and Dominic Monaghan, as they appear to be just as much lovers as they are fighters. Reactions to the video have been strong, with many fans noting the clip’s cinematic vibe. “It was a good mini movie,” MTV News reader down.to.fly wrote. “In the end Megan’s sitting there and she looks so perfect but then you see the bruise near her eye and it’s shocking. Shows how ugly the relationship really is. Well directed,” down.to.fly continued. Another commenter was left speechless after watching the clip as he revealed it touched home in more ways than one. “This video is hot, awesome, I can’t explain it. WOW!” Queli wrote. “What a good performance, what a great message. Eminem if u see this, man I know what it is to be in a relationship like this one, I am glad I got out, hope you are as well. God bless you and Rihanna, keep on going man, you are being heard.” Emotions got the best of Mark Anthony Sanchez as he shed a few tears while watching the video. “Awesome…I keep watchin’ this over and over…I cried I ain’t gonna lie…this is his best video and for sure the best of the year….Eminem, Rihanna, Megan, Dominic, perfect,” he said. Twitter users shared their 140 characters on the clip, even making Eminem a worldwide trending topic in the process. @jhamirah was able to describe the clip in no fewer than four words, saying, “Wow. Intense. Uncomfortable. AMAZING!” @Bella31102 thought that the clip was like no other. “The most powerful music video I have ever seen!” she tweeted. Kahn’s portrayal of the couple’s abuse is not held back in the video, and that realism didn’t sit well with everyone. “I have some issues with Eminem and Rihanna’s new video. It should come with a warning for starts. I might write a blog about it. #fb,” tweeted @sapphictraffic . How do you think the issue of domestic violence was handled in Eminem’s video? Share your thoughts in the comments below. Related Videos An In-Depth Look At Eminem’s ‘Love The Way You Lie’ Related Artists Eminem Rihanna

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Eminem’s ‘Love The Way You Lie’ Clip Successfully Delivers Message, Fans Say

Lea Michele and Cory Monteith dating

They#39;re not on summer break any longer! Costars Lea Michele and Cory Monteith break away from the action on the Glee set in L.A. Wednesday. Today the cast of Glee have gathered to start shooting the second season of the show, and appeared to be determined to make it even more successful this time around. Wearing black T-shirts with the words New York City spelled out in fluroscent letters, Cory Monteith (Finn), Lea Michele (Rachel), Dianna Agron (Quinn), Chris Colfer (Kurt) and Amber Riley

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Lea Michele and Cory Monteith dating

Today Show Invites on Rolling Stone Reporter to Complain About Pentagon Ban

NBC’s Today show invited on the reporter, whose Rolling Stone article essentially got General Stanley McChrystal fired, on Thursday’s show to complain that the Pentagon denied him an embed because the war in Afghanistan isn’t going well. After Today co-anchor Meredith Vieira questioned Michael Hastings for his explanation as to why the Pentagon denied him an embed, Hastings concluded “This is a symptom of essentially the war, and how the war is going…The war has hit its all-time low.” This caused Vieira, herself, to cry censorship, as she asked: “Do you think the military is trying to say to reporters,’We will stifle you, if you don’t tell the story the way we want it told?'” MEREDITH VIEIRA: So why do you think, ultimately, you lost this, this right to an embed? I mean, what do you think is going on? Is it the McChrystal article or is there something much bigger than that? MICHAEL HASTINGS: I think it’s, I think it’s much bigger. This is not just about a Rolling Stone reporter being banned from an embed. This is a symptom of essentially the war, and how the war is going. June and July were the deadliest months that we’ve ever seen in the war in Afghanistan. The war has hit its all-time low in approval ratings, so clearly there’s great concern in Washington about how the war is going, and the response to this embed. The response to me on this embed sort of indicates that. I think it’s important to, to just let you know, with this helicopter story, these are stories that I’m very passionate about telling. And it is a great privilege to tell the story of the troops. VIEIRA: But do you think, but do you think the military is trying to say to reporters, “We will stifle you, if you don’t tell the story the way we want it told?” The following Jim Miklaszewski set-up piece and entire interview with Hastings were aired on the August 5 Today show: MEREDITH VIEIRA: And now to the war in Afghanistan. It has been a difficult summer for U.S. troops there. July was the deadliest month yet for Americans. And a new commander took over after a controversial Rolling Stone article led to the end of General Stanley McChrystal’s military career. Well now the Pentagon is refusing to let that reporter, the reporter who wrote it, embed with another unit in Afghanistan. We’re gonna talk about that with Michael Hastings in a moment. But first NBC’s Jim Miklaszewski is at the Pentagon. Mik, good morning to you. [On screen headline: “Pentagon Payback? McChrystal Reporter Not Allowed Back With Troops”] JIM MIKLASZEWSKI: Good morning, Meredith. It’s been a couple of months since the story broke that forced General McChrystal out of the Army, but the fallout over media military relations is far from over. On his last day as a soldier, General Stan McChrystal managed to joke about the article that ended his career, with a word of warning to his fellow soldiers. GEN. STANLEY MCCHRYSTAL: I have stories on all of you, photos on many, and I know a Rolling Stone reporter. MIKLASZEWSKI: That reporter is Michael Hastings. In an interview on Today in June, Hastings explained how he landed that Rolling Stone scoop. MICHAEL HASTINGS: The access I got was almost a throwback to the old days of “fly on the wall” reporting, where, nowadays, access is almost so controlled, it’s always very so controlled. So it was very rare to get this kind of access anyway. MIKLASZEWSKI: But not any more. The U.S. military has revoked Hastings’ recent request to embed with American forces in Afghanistan, after first granting the request last month. Pentagon spokesman Colonel David Lepenn insists it’s not retribution but explains “a key element of an embed is having trust,” and essentially commanders in Afghanistan no longer trust Hastings. But as a freelancer, Hastings has covered the wars in Iraq and Afghanistan for various publications, and Internet news blogs with no apparent complaints. Military officials have, in fact, praised Hastings’ upcoming piece in the Men’s Journal on Army combat helicopters saying “It accurately portrays the Army’s warrior mentality.” So what is going on here? Media watchdogs claim the military is striking back. LUCY DALGLISH, THE REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS: Since they have all of the power, all of it, once he’s published his story they have, if he wants back in, they have all of the power. If they say they don’t trust him to do what they want him to do anymore, they’re just not going to play in the sandbox with him anymore. MIKLASZEWSKI: Meanwhile, the Army Inspector General is still investigating whether if any of McChrystal’s aides who were blindly quoted in that article should face disciplinary action. And as a reporter who’s often been embedded with the military, there is, indeed, a fine line between trust and control. And while the military can control a reporter’s access, there must be no control over the reporter’s content. Meredith? MEREDITH VIEIRA: Mik, thank you very much. Michael Hastings is with us, exclusively. Good morning to you. MICHAEL HASTINGS: Good morning, thanks for having me. VIEIRA: Not at all. Just so people are clear on this, you were offered this embed in June, then the article on General McChrystal comes out at the end of June, between then and now you didn’t hear anything, and then you get this letter this week. Who is it from, and what did it say? HASTINGS: The letter was from a public affairs official in Kabul, named Colonel Wayne Shanks, and it just basically laid out the case that I, noting that I had, had approval and that approval was being revoked because the military was unhappy with, first, the helicopter story, and actually, they, they, they mentioned the helicopter story, and then they mentioned the story that I wrote about General McChrystal for Rolling Stone. VIEIRA: So they specifically pointed out two stories? HASTINGS: Two stories, yes. But the more important part of their case being, what seemed it to be the General McChrystal story. And in fact, what they refer to as the “political fallout” from the General McChrystal story. So nothing to do, really, or there was no specific cases where they mentioned accuracy or anything I got wrong, or, or any, any rules I supposedly broke. VIEIRA: Well when asked about this, a spokesperson for the Defense Department said this, and I’m quoting here, “There is no right to embed. It is a choice made between units and individual reporters. And a key element of an embed is having trust that the individuals are going to abide by the ground rules. The command in Afghanistan decided there wasn’t the trust requisite, and denied your request.” In other words, they didn’t trust you to accurately report. HASTINGS: And that’s what’s very troubling about this. I’ve been doing this for five years. I’ve gone on dozens of embeds with American troops, accompanied them on many combat missions, traveled regularly with senior military officials and I’ve never had an issue. In fact I have many great friends, both Marines and soldiers, who, who I’ve met along the way for this. I think what also should be made clear is that my travels with General McChrystal were not considered an embed at the time. And if the military’s position now is that it was an embed, then the rules for embeds are very clear. Rule number seven says all comments are on the record. All interviews with service personnel are on the record. VIEIRA: Did you take comments off the record- HASTINGS: No. VIEIRA: -in that, in that interview with General McChrystal at all? HASTINGS: No, and, in fact, if you look at the, the people who are sort of making that assertion, and what, and what appears to be their case about why they’re, why they’re saying I can’t do this embed, those assertions are being made by people who, unfortunately, lost their job as a result of the article, and they’re currently under investigation. So they’re not necessarily the most credible sources. VIEIRA: So why do you think, ultimately, you lost this, this right to an embed? I mean, what do you think is going on? Is it the McChrystal article or is there something much bigger than that? HASTINGS: I think it’s, I think it’s much bigger. This is not just about a Rolling Stone reporter being banned from an embed. This is a symptom of essentially the war, and how the war is going. June and July were the deadliest months that we’ve ever seen in the war in Afghanistan. The war has hit its all-time low in approval ratings, so clearly there’s great concern in Washington about how the war is going, and the response to this embed. The response to me on this embed sort of indicates that. I think it’s important to, to just let you know, with this helicopter story, these are stories that I’m very passionate about telling. And it is a great privilege to tell the story of the troops. VIEIRA: But do you think, but do you think the military is trying to say to reporters, “We will stifle you, if you don’t tell the story the way we want it told?” HASTINGS: That appears to be the case. You’d have to ask the military if that’s what they’re doing. But, but I think if we look at just, say, the, the, the story about the Kaiwa pilots — the Kaiwa is a kind of an attack helicopter – you know, sometimes, sometimes reporters will do a story about policy. Sometimes that’s going to be very critical. I think that’s a good thing to be critical about policy, especially if the policy is not going well. And sometimes you do it about the people who are fighting the war, the American men and women over there who are actually implementing the policy, and whose stories deserve to be told. And for that I’ve always said it’s a privilege to, to be able to see that. VIEIRA: Alright, Michael Hastings. Thank you so much for joining us this morning. Appreciate it. HASTINGS: Thanks for having me. Appreciate it.

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Today Show Invites on Rolling Stone Reporter to Complain About Pentagon Ban

Young Buck Discusses Contractual Battle With 50 Cent

‘It’s about to get real, real interesting,’ he says of G-Unit Records issues. By Shaheem Reid Young Buck Photo: MTV News Young Buck says he didn’t keep an eye on his business with the Internal Revenue Service, thus his outstanding $300,000 debt to Uncle Sam . But when it comes to his contractual obligation to 50 Cent and G-Unit Records, the Cashville, Tennessee, native says he won’t drop the ball: He’s focused on getting off the label. “It’s on the way,” Buck said about his next official album when we caught up with him recently in Houston. “The music speaks for itself. I’m everywhere when it comes to online — I throw music out. People are already aware of my situation … the whole fight with the contract thing. It’s about to get real, real interesting, people. I will say that much. “If you ain’t focused on Buck, now is the time to get focused on Buck,” he continued. “With this whole contract situation, we really gonna see what this was really about. Y’all mark my words: I’ll be back to MTV to finish this when it all ends. At the end of the day, I appreciate the people that’s sticking right there through the fight I’m going through as far as my contract situation.” If and when Buck is successful in dissolving business ties with 50 Cent remains to be seen. In the meantime, the Southern spitter is working the mixtape circuit. “As far as the mixtapes, Back on My Buck Sh– (Part 2) is on the way,” he revealed. “It’s produced by Drumma Boy, all the way through. I got records everywhere. I got one of the hottest mixtapes that’s in the streets right now, 601 to the 615, CTE and Cashville. I’m just staying out here until I get this monkey off my back with the contract.” On Tuesday, Buck’s home was raided by the IRS, reportedly because he has about $300,000 in unpaid taxes. “The worst part of this isn’t the material stuff — that will all be replaced,” Buck said in a statement. “It’s what it does to the people around me. They took my kids’ PlayStation, my assistants’ computers, and baby’s mothers’ jewelry. They took my home studio so I can’t even record. “I have a new team in place, but I am also paying full attention now,” he added. “Nothing like this will ever happen again. This is a huge wake-up call for all entertainers to stay on top of your own trusted employees and team members, and replace anyone that was put in place by your record label if the situation you have goes sour. This IRS situation came about because I trusted accountants, lawyers and managers to handle my business for me while I focused on making music. From now on, I am going to stay on top of my own business.” What do you think of Young Buck’s label woes with 50 Cent? Share your thoughts in the comments. Related Artists Young Buck 50 Cent

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Young Buck Discusses Contractual Battle With 50 Cent

Open Thread: ‘The Blue State Tax Preference Act’

Democrats from wealthy districts are torn: they really want to raise taxes on the wealthiest Americans, but the problem is many of those Americans hail from their own districts! What to do . One irony of the tax increase that arrives on January 1 is that the it will hit residents of high-income, Democratic-leaning states like California, Connecticut, New Jersey and New York the hardest. This is a problem for pro-tax Democrats. Enter New York Representative Jerrold Nadler, who wants to exempt his own six-figure constituents from the tax hike he supports. Mr. Nadler’s bill would “require the IRS to adjust tax brackets proportionally in regions where the average cost of living is higher than the national average.” In other words, the various tax brackets would apply to residents in certain regions at higher income levels versus other parts of the country. A family with an income of $50,000 or even $1 million in Manhattan would pay less federal income tax than a family with the same earnings in Omaha. The bill is called the Tax Equity Act, but a more accurate title would be the Blue State Tax Preference Act. Really, did you expect anything less? 

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Open Thread: ‘The Blue State Tax Preference Act’

Book Review: 100 Words – Two Hundred Visionaries Share Their Hope For the Future By William Murtha

There’s a French proverb out there that goes: “Hope is the dream of a soul awake.” With an endless ebb and flow of media, information and literature out there that overwhelmingly focuses on the negative, the catastrophic and the heartbreaking, is it no wonder that some of us suffer from a vague feeling of burnout? During such trying times, the best antidote is to look to the positive side of things, which is why we find 100 Words, Two Hundred Visionaries a treasure trove of inspiration, full of farsighted gems gathered from two hundred thinkers and changemakers living today. … Read the full story on TreeHugger

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Book Review: 100 Words – Two Hundred Visionaries Share Their Hope For the Future By William Murtha

Lindsay Lohan’s Father, Friends Protest Jail Time On ‘Larry King Live’

‘I don’t think jail is going to change her; I think she needs to change herself,’ one pal says. By Terri Schwartz Lindsay Lohan was checked into jail Tuesday (July 20) for the second time in her 24 years, but though her sentence is likely to be shortened from 90 days to 14 , there are many close to her who are arguing that time behind bars is not what she needs right now. Her father, Michael Lohan, and his attorney Lisa Bloom, as well as Lindsay’s photographer friends Indrani Pal-Chaudhuri and Marcus Klinko, went on CNN’s “Larry King Live” Tuesday night to argue their case, marking Michael’s second time on the show to talk about his daughter’s probation violation. As far as the shortened sentence, Bloom said the move was due to overcrowding in Los Angeles prisons, not because of special treatment for Lohan. She said 50,000 people were relieved of their sentences early in L.A. prisons due to overcrowding, and she felt that the young celebrity was actually worse off than other inmates because she would be left alone for 23 hours a day. An attorney could have filed an appeal on Lohan’s behalf to move for her to be forced to attend rehab before her jail time instead of after, Bloom said, a move that she and Lohan’s father both supported. Since Lohan is estranged from her father , Bloom had been reaching out on Michael’s behalf to encourage her to attend her court-ordered rehab, but Lohan ignored it. “This is Michael Lohan’s life: fighting for his daughter,” Bloom said of his devotion to supporting Lindsay. “The Insider” correspondent Chris Jacobs described the situation Lohan would be facing in jail, saying she would be well-fed, with a dinner tonight of turkey, pasta, applesauce and milk, but she will be without cigarettes, makeup and accessories and access to the Internet. Bloom reluctantly added that Lohan would still be provided some prescription drugs in prison but in limited quantities, which, in her words, “is an improvement.” “Jail helped because I wanted it to help,” Michael said about his experience behind bars. “But then again, I went into jail, Larry, because I wanted to be sober.” He added: “She’s got to get off prescription drugs.” He said he is optimistic for his daughter, because she is court-ordered to attend rehab after she gets out of jail but is pessimistic about the issues she is sure to have after she is released because of her time in prison. However, Pal-Chaudhuri and Klinko think Lohan’s bigger problem is who she is surrounded by in her personal life. Klinko said he feels Lohan doesn’t need jail, but needs rehab and someone she can trust. “What she needs is to have some time away from the cameras, from people following her,” Pal-Chaudhuri said. “But I really think that Lindsay needs to figure out what she needs to do for herself.” She added that no one is interested in what Lohan thinks is good for her: “I don’t think jail is going to change her; I think she needs to change herself,” Pal-Chaudhuri said. Related Videos Lindsay Lohan: Crime And Punishment Related Photos The Highs And Lows Of Lindsay Lohan Lindsay Lohan Goes To Court Busted! Celebrity Mug Shots

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Lindsay Lohan’s Father, Friends Protest Jail Time On ‘Larry King Live’