Pentagon Wants Extra $450 Billion

By Josh Rogin

Pentagon officials have prepared a new estimate for defense spending that is $450 billion more over the next five years than previously announced figures. Continue

What will the US Foreign Policy be Tomorrow ?

By MICHEL COLLON

Five NATO generals prepare a world government ..? An interesting and disturbing discussion of where US foreign policy may be heading. Continue

Anti-Democratic Nature of US Capitalism is Being Exposed

By Noam Chomsky

Bretton Woods was the system of global financial management set up at the end of the second World War to ensure the interests of capital did not smother wider social concerns in post-war democracies. It was hated by the US neoliberals - the very people who created the banking crisis writes Noam Chomsky. Continue

Mmmmmm....

Following the problems with Lehmann Bros and the sub-prime lending market in the USA, uncertainty has now hit Japan.

In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up, and Bonsai Bank announced plans to cut some of its branches.

Yesterday, it was announced that Karaoke Bank is up for sale and will likely go for a song, while today shares in Kamikasi Bank were suspended after they nose-dived.

While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black.

Furthermore, 500 staff at Karate Bank got the chop, and analysts report that there is something fishy going on at Sushi Bank where it is feared that staff may get a raw deal.