The world this year

from:Economist.com

The credit crunch turned into a full-blown global financial crisis in September when Lehman Brothers, one of Wall Street’s big investment banks, declared bankruptcy and American officials seized control of American International Group to prevent the giant insurer’s collapse. As panic spread, governments engineered the rescue of distressed banks or took them over directly. By the end of the month the remaining big Wall Street houses had either been absorbed by others or become bank holding companies.

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China The Coddler and The Tyrannical Three: The Burma, North Korea and Sudan Rant

Mike Cowie (Oredakedo)

Friday, October 12th, 2007

You really have to hand it to China. I mean, there’s simply no denying the magnificent effort the Chinese government has put into becoming an old school Superpower, in the mold of America and the Soviets during the Cold War. Just look at how passionately the Chinese defend, love and nurture three of the most despicable regimes on the planet. That is, Burma, North Korea and Sudan, of course. Check out Beijing’s heartfelt apologia for mass slaughter and horrific repression. Watch in amazement as petty dictators and genocidal regimes are coddled and cozied up to. And marvel at the sheer stubbornness and complete lack of morality on display as China increasingly steps out onto the world stage.

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Thugs castrated the UNSC

 

 

Impotent and Paralyzed UNSC

can only ‘regret’ Zimbabwe vote,

because

Thugs castrated the UNSC

 

The Australian

THE UN security council failed to agree on declaring Zimbabwe’s run-off election illegitimate today in the face of South African opposition.

Instead, it merely issued an oral statement of regret over the one-candidate presidential vote.

US Ambassador to the UN Zalmay Khalilzad, who chairs the council this month, said members “agreed that conditions for free and fair elections did not exist and it was a matter of deep regret that the election went ahead in these circumstances”.

The US and its European allies had pushed for adoption of a British-drafted statement that would have stated that the results of today’s election “could have no credibility or legitimacy”.

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