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Financial Times Tuesday,
Saviors and Survivors
Save Darfur, argues Mamdani, is the newest colonial power in a long history of colonial abuse. Its call for justice in Sudan is “really a slogan that masks a big power agenda to recolonize Africa”.

Global Research CA Tuesday,
The Smooth Criminal Transition from Bush/Cheney to Obama
Corrupt new administration deepens and expands systemic criminalization and war agenda

The Financial Times Tuesday,
How Asia can protect itself from a dollar default
Conventional Keynesian policies - fiscal and monetary expansion on a national basis - cannot solve the problem but will make it worse.

The Financial Times Tuesday,
Equities show us the way to a recovery
The household wealth effect on personal consumption expenditures has been documented, but stock prices have a statistically highly significant impact on private capital investment as well. Such analyses suggest that much of the recent decline in global economic activity can be associated directly or indirectly with declining equity values. (?!)

The Financial Times Tuesday,
Financial turmoil evokes familiar scapegoats
The panic of 1837 triggered the first global depression, lasting seven years. Alexander McNutt, governor of Mississippi, labelled English banker James Rothschild a blood brother of "Judas and Shylock".

The Financial Times Tuesday,
Shocked by Soros's poor grasp of risks
Who are the speculators then? Those who were buying protection on Lehman often to hedge their counterparty risk; or those who were selling the protection while thinking that the Fed and the Treasury would bail them out as they had in the past?

The Financial Times Tuesday,
Our lethargic leaders need to start working together
What took the global economy three years to achieve between 1929 and 1932 might take us less than a year.

The Financial Times Tuesday,
The affluent white sons of two working parents are becoming the new underclass
The main risk for British children, it said, was that their selfish parents were too busy chasing their own success. The culture of individual fulfilment for adults was making the lot of children much less happy than a generation or two ago.

Bloomberg News Tuesday,
The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world. It's 13 times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office data, and is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve.

The Financial Times Tuesday,
Soros seems to have applied a curious logic to the market
Sir, I'm thinking of applying the logic George Soros applies to the credit derivatives market ("The game changer", January 29) to the purchase of my new car.