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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

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  • “German business confidence has fallen for the fourth month in a row to a 29-month low, according to the closely-watched Ifo survey. The index compiled by the think tank fell to 102.3 in August from a downwardly revised 103.2 in July.”
  • “Germany’s centre-right government has criticised a leading conservative politician for suggesting that Greece will have to leave the eurozone. Foreign Minister Guido Westerwelle said ‘bullying’ of Greece must stop.”
  • TRNN: “Nonsense Economics” and the Deepening Greek Crisis. Costas Lapavitsas: Greece is being destroyed as all the players prepare for next stage of austerity measures
  • “The US was by far the most dominatant supplier in the global arms market in 2011 according to a new report by the Congressional Research Service, and obtained by the New York Times.”
  • “For the first time in a decade, the Colombian government will reportedly sit down for peace talks with the country’s largest Marxist guerrilla organization in an effort to end nearly half a century of fighting.”
  • TRNN: “Phantom Control”: Israel’s Secret Service and the Occupation. Yael Berda’s new book The Bureaucracy of Occupation sheds light on Israel’s more invisible control over the Palestinians
  • “Israel and the US aren’t happy about it, but UN Secretary-General Ban Ki Moon is visiting Iran this week for the 16th summit of the Non-Aligned Movement, a coalition of 120 countries with a more than 50-year history.”
  • Truthout: RNC to Open With Politician Who “Should Be in Jail”
  • Economic Update: “Updates on corporations paying CEOs more than they pay in taxes; causes of coming food price spike; and strikes at Caterpillar in Illinois and Lonmin platinum mine in South Africa. Discussion of 50-year decline in US organized labor, drawing lessons from that decline, and using them to propose a new strategy for labor today.”

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

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Fatster's News Roundup from August 27, 2012