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[OliNo] A vision on a sustainable electric society supported by Electric ...: Shell, promoting sustainable energy, only spends in the range of 1% of their net results/year after taxes on renewable investments, 80% on investments aiming at the continuation of the fossil society. The oil industry supports the agricultural industry in its bio fuels lobby, because they know bio fuels, as a consequence of its inherent volume restrictions, to never be able to become a real threat for the fossil fuels market position;

[Voltaire] The Bilderberg Plan for 2009: Remaking the Global Political ...: Estulin reported, “that some leading European bankers faced with the specter of their own financial mortality are extremely concerned, calling this high wire act "unsustainable," and saying that US budget and trade deficits could result in the demise of the dollar.” One Bilderberger said that, “the banks themselves don’t know the answer to when (the bottom will be hit).” Everyone appeared to agree, “that the level of capital needed for the American banks may be considerably higher than the US government suggested through their recent stress tests.” Further, “someone from the IMF pointed out that its own study on historical recessions suggests that the US is only a third of the way through this current one; therefore economies expecting to recover with resurgence in demand from the US will have a long wait.” One attendee stated that, “Equity losses in 2008 were worse than those of 1929,” and that, “The next phase of the economic decline will also be worse than the ’30s, mostly because the US economy carries about $20 trillion of excess debt.

[The Car Czar] Fed Warns Deficits Threaten Financial Stability; Obama's “Jobs ...: “In recent weeks, yields on longer-term Treasury securities and fixed-rate mortgages have risen,” Bernanke said. “These increases appear to reflect concerns about large federal deficits but also other causes, including greater optimism about the economic outlook, a reversal of flight-to-quality flows and technical factors related to the hedging of mortgage holdings.”

[PDA National News] The Financial and Economic Crisis: An Assessment and Action Plan ...: In Oregon the recently proposed cuts in general-fund dollars would close courts, eliminate 5,500 jobs in the public school systems (resulting in increased class size and decreased school days in K-12), eliminate care for 14,000 senior citizens whose income is above official poverty levels, and cut $150 million from services to the most vulnerable populations such as people with developmental disabilities, despite the fact that this latter cut would trigger a loss of $200 million in federal matching funds for such services. And, of course, that’s just the tip of the iceberg.

[GlobalResearch.ca] The Bilderberg Plan for 2009: Remaking the Global Political Economy: Estulin reported, “that some leading European bankers faced with the specter of their own financial mortality are extremely concerned, calling this high wire act "unsustainable," and saying that US budget and trade deficits could result in the demise of the dollar.” One Bilderberger said that, “the banks themselves don't know the answer to when (the bottom will be hit).” Everyone appeared to agree, “that the level of capital needed for the American banks may be considerably higher than the US government suggested through their recent stress tests.” Further, “someone from the IMF pointed out that its own study on historical recessions suggests that the US is only a third of the way through this current one; therefore economies expecting to recover with resurgence in demand from the US will have a long wait.” One attendee stated that, “Equity losses in 2008 were worse than those of 1929,” and that, “The next phase of the economic decline will also be worse than the '30s, mostly because the US economy carries about $20 trillion of excess debt.

[Zionistgoldreport's Weblog] The Bilderberg Plan for 2009: Remaking the Global Political ...: Shortly after the meetings began, Bilderberg tracker Jim Tucker reported that his inside sources revealed that the group has on its agenda, “the plan for a global department of health, a global treasury and a shortened depression rather than a longer economic downturn.” Tucker reported that Swedish Foreign Minister and former Prime Minister, Carl Bildt, “Made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.” Further, Tucker reported that, “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession … partly because a 10 year recession would damage Bilderberg industrialists themselves, as much as they want to have a global department of labor and a global department of treasury, they still like making money and such a long recession would cost them big bucks industrially because nobody is buying their toys…..the tilt is towards keeping it short.”[2]

[Signs of the Times] Signs of the Times News for Thu, 04 Jun 2009: Estulin reported, "that some leading European bankers faced with the specter of their own financial mortality are extremely concerned, calling this high wire act "unsustainable," and saying that US budget and trade deficits could result in the demise of the dollar." One Bilderberger said that, "the banks themselves don't know the answer to when (the bottom will be hit)." Everyone appeared to agree, "that the level of capital needed for the American banks may be considerably higher than the US government suggested through their recent stress tests." Further, "someone from the IMF pointed out that its own study on historical recessions suggests that the US is only a third of the way through this current one; therefore economies expecting to recover with resurgence in demand from the US will have a long wait." One attendee stated that, "Equity losses in 2008 were worse than those of 1929," and that, "The next phase of the economic decline will also be worse than the '30s, mostly because the US economy carries about $20 trillion of excess debt.

[JustGetThere] Bilderberg Plan For Remaking the Global Political Economy 2009 ...: Shortly after the meetings began, Bilderberg tracker Jim Tucker reported that his inside sources revealed that the group has on its agenda, “the plan for a global department of health, a global treasury and a shortened depression rather than a longer economic downturn.” Tucker reported that Swedish Foreign Minister and former Prime Minister, Carl Bildt, “Made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.” Further, Tucker reported that, “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession .partly because a 10 year recession would damage Bilderberg industrialists themselves, as much as they want to have a global department of labor and a global department of treasury, they still like making money and such a long recession would cost them big bucks industrially because nobody is buying their toys....

[House Price Crash News Blog] News Blog > Round 2 of The Great HPC coming later this year ...: It is true that there is no embarrassment about debt now, though there was back in the 30s, possibly something to do with the poor laws of Victorian times. These things are complex but I imagine the growth of "financial services" has much to do with the borrow-pay-later culture we have now.

[Vironomics] L'espresso | Vironomics » Blog Archive » Honey I shrunk the Global ...: I'm one of those hundreds of millions of Americans who have turned from spending to .this time around impacts the American economy in a very different way from the times of the Great Depression.

[American Armageddon Judgement Day] The “Plan” for 2009: Remaking the Global Political Economy ...: Shortly after the meetings began, Bilderberg tracker Jim Tucker reported that his inside sources revealed that the group has on its agenda, “the plan for a global department of health, a global treasury and a shortened depression rather than a longer economic downturn.” Tucker reported that Swedish Foreign Minister and former Prime Minister, Carl Bildt, “Made a speech advocating turning the World Health Organization into a world department of health, advocating turning the IMF into a world department of treasury, both of course under the auspices of the United Nations.” Further, Tucker reported that, “Treasury Secretary Geithner and Carl Bildt touted a shorter recession not a 10-year recession … partly because a 10 year recession would damage Bilderberg industrialists themselves, as much as they want to have a global department of labor and a global department of treasury, they still like making money and such a long recession would cost them big bucks industrially because nobody is buying their toys…..the tilt is towards keeping it short.”[2]

[The Housing Bubble Blog] The Housing Bubble Blog » Bits Bucket For May 30, 2009: When Arnold Schwarzenegger appeared on The Tonight Show on Tuesday, he joked with Jay Leno about advice he had given in a recent address to students at the University of Southern California. “I told them to work like hell and marry a Kennedy,” he said, to laughter and applause.

[Recent Comments on Mises Economics Blog] Correcting Quiggin on Austrian Business-Cycle Theory - Mises ...: The Great Depression aside, there was a period after world war 2 where the United States was the only industrial economy left on the earth and the US enjoyed an unprecidented, un-sustainable and un-repeatable period of prosperity where America was the manufacturer and financier for the world. We had 80% of the world's gold and produced 50% of the world's goods.

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