Daily Archives: November 21, 2012

World Economies – The Long Slump

The long slump

Shall the twain meet?

Nov 15th 2012, 18:14 by R.A. | WASHINGTON – The Economist

WE ARE now in the middle of the fourth quarter of 2012. That means that it has been five full years since the American economy first tipped into recession amid a gathering financial storm. How have we done since that time?

Oof. Well that isn’t very good at all. Five years later, only America has surpassed its pre-recession output. For now, it appears to be on a steady, if disappointing, growth trajectory. Japan had the worst recession of the bunch but rebounded quickly. It has since struggled amid seismic disasters and various China troubles.

Britain and the euro area have until recently followed very similar trajectories, but British output turned up nicely in the third quarter while the euro area officially re-entered recession. Continue reading

US Elections – Claims about Election-Rigging Can’t Be Ignored

Why Anonymous’ Claims about Election-Rigging Can’t Be Ignored

Tuesday, 20 November 2012 – Thom Hartmann and Sam Sacks, The Daily Take | News Analyst

As laid out in the previous article, Anonymous, Karl Rove and the 2012 Election Fix?, it’s possible that Karl Rove used SmartTECH’s servers in Chattanooga, Tennessee, to flip the vote totals in Ohio in 2004 and thus steal the election that year for George W. Bush – and just as possible that he tried to do the same thing this year on Romney’s behalf but was thwarted by the hacktivist group Anonymous.

Many people have responded to these claims with a variation on: “That’s impossible. A presidential candidate committing treason?  That would never happen, and, if it did, it would be front-page news.  Everybody would know about it, right?”

Wrong.             Continue reading

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