King Leopold II purchased what became the Congo Free State (CFS) because it contained “unspeakable richness” and was merely lacking an “enterprising capitalist” to exploit its resources. His personal acquisition of the CFS in 1885 gave freedom to Western capital, and death and enslavement to the indigenous population. The recent conflict in the Democratic […]
Federal Education Department Needs an Education
So; today I read the news and it says: The Bush administration, seeking to avert a crisis for students seeking college money this fall, threw its weight behind a congressional plan for the Education Department to buy billions of dollars in student loans from private lenders. Does the litany never end? Does society just […]
End The Dooms Day Parade for Good
Money runs out. Then people can’t purchase. This is a problem. Who needs more money? How can we earn more money? I want to purchase. I need to purchase. Do you want to purchase too? Let’s figure out a way to earn more money so we can buy more stuff and this time we need […]
Curbing Food Exports to Impact on Asia
Curbing food exports (The Economist, March 29th) is expected to jack up the prices of cereal grains in the world markets. Already some Asian countries have resorted to food export restrictions in order to shore up their own stocks. Cambodia, for instance, has already banned rice exports and Thailand is set to follow suit. Aware of […]
DRUG CARTEL TURF WAR MOVES TO YOUTUBE
Two civilian volunteers with the Mexican military were kidnapped by a commando and a third escaped in the hills west of the Mariposa port of entry Monday, El Imparcial reported. The volunteers, part of a citizen’s watch group, were kidnapped by a commando after they detained a suspicious individual out near the cattle export station […]
Banks to be Compensated by Cash to Offset the Loan Waiver Burden
The Union Finance Minister Mr.P.Chdambaram announced in the Lok Sabah on Friday that the entire amount of Rs.60,000 Crores arising out of the ‘Farm Loan Waiver’ would be made good by infusion of cash to the affected Banks over a period of three years. As per the current estimates, the total relief would work out […]