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Lakeside Diner

Only after the last tree has been cut down. Only after the last fish has been caught. Only after the last river has been poisoned. Only then will you realize that money cannot be eaten. Cree Nation Tribal Prophecy

  • “Executives with Europe’s biggest bank, HSBC, were subjected to a humiliating onslaught from US senators on Tuesday over revelations that staff at its global subsidiaries laundered billions of dollars for drug cartels, terrorists and pariah states.”
  • “Regular watchers of Federal Reserve chairman Ben Bernanke could be forgiven a sense of déjà vu as he appeared before the Senate banking committee Tuesday. Once again Bernanke fenced off questions about whether the US central bank will offer a fresh round of monetary stimulus. And yet again he warned that Europe’s woes and political rows in Washington threatened the economic recovery.”
  • “Abigail Disney – filmmaker, philanthropist and great-niece of the legendary animator Walt Disney – has publicly renounced her share of the family profits from an Israeli firm she claims is exploiting ‘occupied natural resources’.”
  • “The abuse of power by the Venezuelan government under President Hugo Chavez has increased over the past four years, according to Human Rights Watch.”
  • “Syrian government troops backed by helicopter gunships fought armed rebels across Damascus on Tuesday in some of the fiercest fighting since the start of the uprising, as Russia made clear it would veto a new western-backed UN resolution calling for punitive action against the Assad regime.”
  • “The broadened coalition formed by Benjamin Netanyahu just ten weeks ago ended yesterday when the centrist Kadima party walked out in protest over the terms of drafting ultra-orthodox men into military service.”
  • “Could Egypt’s new president, the Muslim Brotherhood’s Mohamed Morsi, make peace in the Middle East? Officials, analysts and rights activists here in Gaza say the recently elected Islamist leader is in a unique position to at least make some progress toward that end.”
  • TRNN: “Report on the Greek Left. Leo Panitch: Recently returned from Greece, a report on Syriza, the left party that could win the next election.”

The truth will set you free but first it will piss you off.

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Fatster's News Roundup from July 17, 2012