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Last Call! Last Call! Last Call!
Rally for the Final Charge!These are the last three days of our annual fundraiser. We are almost there. Many of you have risen generously to the challenge. But some of you have scooted past our appeal. We don’t know who you
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Today's Stories November 14 / 16, 2008 Alexander Cockburn Jeffrey St. Clair Mike Whitney Sasan Fayazmanesh Moshe Adler Anthony DiMaggio Jean Bricmont Sheldon Rampton Douglas Valentine Joseph Nevins / Tom Barry Ron Jacobs Larry Portis Mary Lynn Cramer Obama's Brain Trust: Seems Like Old Times Sherry Wolf Peter Cervantes-Gautschi Jacob Hornberger Lance Selfa Benjamin Dangl Seth Sandronsky Russell Mokhiber Allan Stellar Kelly Overton Martha Rosenberg Richard Rhames David Yearsley Lorenzo Wolff Poets' Basement Website of the Weekend
November 13, 2008 Pam Martens Vijay Prashad Patrick Cockburn Jonathan Cook Ralph Nader Bill Quigley Lee Sustar Omar Barghouti Steve Conn Howard Lisnoff Jeff Cohen Website of the Day November 12, 2008 Johanna Berrigan Steve Conn Patrick Bond Bokar Ture / Alan Farago Dave Lindorff Karl Grossman David Macaray George Wuerthner Susie Day Website of the Day November 11, 2008 James G. Abourezk Allan J. Lichtman Eric Toussaint Ron Jacobs Peter Montague Corporate Crime Reporter Laura Carlsen Col. Dan Smith Morton Skorodin David Michael Green Charles R. Larson Website of the Day November 10, 2008 David Roediger Paul Craig Roberts Peter Lee Corey D. B. Walker Jeff Halper Bill Hatch Andy Worthington Bill Quigley Peter Morici Anthony Olszewski Kim Nicolini Cpt. Paul Watson Website of the Day November 7 / 9, 2008 Alexander Cockburn Jeffrey St. Clair Vijay Prashad Tariq Ali Jean Bricmont John V. Whitbeck Saul Landau Peter Morici Lawrence Velvel Karyn Strickler Nativo V. Lopez Christopher Fons Alan Farago David Yearsley Christopher Brauchli Samah Sabawi Dave Lindorff Deepak Tripathi Beth Sherouse Patrick Irelan Stephen Martin Richard Rhames J. Murray Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Day
November 6, 2008 Frank J. Menetrez John Chuckman P. Sainath Joshua Frank Edna Canetti John Ross Norman Solomon Fawzia Afzal-Khan Robert Weissman Harvey Wasserman Website of the Day
November 5, 2008 Cockburn / St. Clair Chuck Spinney Ishmael Reed Chris Floyd Binoy Kampmark Michael Donnelly David Macaray Peter Morici Manuel Garcia, Jr. William Willers Website of the Day November 4, 2008 Kathleen Christison James Ridgeway Winslow T. Wheeler Mike Whitney Conn Hallinan Holly M. Barker Ashley Smith Andy Worthington Martha Rosenberg Stephen Martin Doug Lummis Carlos Fierro Website of the Day November 3, 2008 Patrick Cockburn John Kennedy O'Hara Peter Montague Steve Conn Andrew Gebhardt Ron Jacobs Ralph Nader Niranjan Ramakrishnan Uri Avnery Dave Lindorff Fred Gardner DC Larson David Michael Green Val Strange Tuli Kupferberg / Website of the Day
October 31 , 2008 Alexander Cockburn Jeffrey St. Clair Douglas Valentine Ismael Hossein-Zadeh Dr. Ignacy Nowopolski Alan Maass William P. O’Connor Patrick Irelan Brian Cloughley Mats Svensson Binoy Kampmark Steve Conn Alan Farago Morton Skorodin Robert Bryce Wajahat Ali David Yearsley Dennis Loo Pam Martens Stephen Martin Richard Rhames Ramzy Baroud Missy Beattie Howard Lisnoff Richard Neville Saul Landau / Kim Nicolini Lorenzo Wolff Poets' Basement Website of the Weekend October 30, 2008 Cockburn / St. Clair Vijay Prashad Paul Craig Roberts Glen Ford Stanley Heller William Loren Katz Joshua Frank James McEnteer Felice Pace Jonathan Cook Reza Fiyouzat Website of the Day
October 29, 2008 Arno J. Mayer Eric Toussaint Matt Gonzalez Steven Conn Jonathan Cook Patrick Bond Ramzi Kysia Douglas Valentine Stephen Martin Margaret Dooley-Sammuli Amee Chew Website of the Day
October 28, 2008 James G. Abourezk Andy Worthington Gary Leupp Paul Craig Roberts Mike Whitney Gregory V. Button Ralph Nader P. Sainath Martha Rosenberg Charles R. Larson Website of the Day October 27, 2008 Michael Hudson Barbara Rose Johnston John Dinges Mike Whitney Mary Lynn Cramer Greenspan's Higher Power Alan Farago David Michael Green Andy Worthington George Wuerthner Niranjan Ramakrishnan Website of the Day October 24 / 26, 2008 Alexander Cockburn Ishmael Reed Mike Whitney Don Santina Scott Boehm Saul Landau Ron Jacobs Binoy Kampmark Linn Washington Jr. Nicole Colson Bernard Chazelle Brian Jones Christopher Brauchli Benjamin Dangl Val Strange Steve Early David Macaray Allison Kilkenny Richard Rhames Jim Bell Kris De Welde Barry Clemson Adam Engel Mark Scaramella Tuli Kupferberg Lorenzo Wolff Poets' Basement Website of the Weekend October 23, 2008 Allan J. Lichtman Todd Chretien John Ross Peter Morici Mats Svensson Marlene Martin Robert Jensen / Margaret Kimberley Deepak Tripathi David Morris Website of the Day October 22, 2008 Brian Cloughley Heather Gray Jeff Birkenstein Ralph Nader DC Larson David Swanson Keeanga-Yamatta Taylor Race and the Election: When the "Real" America Enters the Voting Booth Larry Everest Robert Fantina Martha Rosenberg Stephen Martin Website of the Day October 21, 2008 Vijay Prashad Paul Craig Roberts Corey D. B. Walker Steve Breyman Eric Toussaint Wajahat Ali Robert Weitzel Brendan Cooney Dave Lindorff Marqueece Harris-Dawson / Bob Wing Patrick B. Barr Omar Barghouti Website of the Day October 20, 2008 Michael Hudson Anthony DiMaggio Tariq Ali Uri Avnery Bill Quigley Ben Rosenfeld David Michael Green William S. Lind Chris Genovali Stephen Martin Howard Lisnoff David Yearsley Website of the Day October 17 / 19, 2008 Alexander Cockburn Jeffrey St. Clair Pam Martens Paul Craig Roberts Mike Whtney Michael D. Yates Suzanne Smith Carl Boggs Ralph Nader Fidel Castro Dave Marsh Saul Landau Jo Guldi Kevin Zeese Larry Everest Steve Early David Macaray Ben Terrall Missy Beattie Don Monkerud Helen Redmond Dan Bacher Wajahat Ali Farzana Versey Vladimir Frolov Kim Nicolini Poets Basement Website of the Day
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Weekend Edition CounterPunch DiaryHeading for the First Hundred DaysBy ALEXANDER COCKBURN Looking back over the record since FDR, the pattern is discernible: declare war on something, or at least kill people; put a woman in the cabinet. FDR: Day 1, declares war on fear; nominates Frances Perkins to be Secretary of Labor (the best we ever had). Truman: Day 5, calls for Unconditional Surrender of Axis powers; Day 113, Drops A-bomb on Hiroshima. Eisenhower: Day 23, refuses clemency to the Rosenbergs; Day 72, appoints Oveta Culp Hobby as head of HEW. JFK: Day 41, announces Peace Corps and thousands of young Americans duly learn to sit crossed-legged on the ground, sowing seeds for bankruptcy of Medicare when knee replacements kick in 40 years later. Day 88, launches Bay of Pigs attack on Cuba. LBJ: Day 8, creates a mass employment program known as the Warren Commission. Within hours tens of thousands of Americans are hard at work, challenging the Commission’s proceedings and drawing maps of Dealey Plaza. Nixon: Day 57, launches secret bombing of Cambodia. Ford: Day 4, declares war on inflation, “public enemy number one”. Carter: Day 2, pardons Vietnam draft resisters; Day 89 announces National Energy Plan, raising domestic coal production to reduce dependency on foreign oil. Yes, President Obama, we have been here before. Better not stat talking about “malaise”. Reagan: Day 66, declares war on corruption and inefficiency in government. This is going too far. Four days later Hinckley tries to kill him. Bush Sr: Day 38, goes live on Chinese TV. Clinton: Day 3, allows clinics to offer abortion counseling and abortions; Day 6, appoints Hillary head of his Health Reform task force. Bush Jr: Day 3, ends funding of international centers offering abortion counseling an abortions. Day 40, declares big tax cuts for the rich; Day 47 bombs Baghdad.
Obama’s Poisoned ChaliceBack in the spring Republicans used to chortle at the prospect of handing over power to a Democratic president who would promptly be engulfed in recession. It would start in March of 2009, discredit the new president and prepare the way for a Republican renaissance in 2012. Six months early, the crash swelled up in September, leaving an incumbent Republican president tarred with the same brush of historic failure as Herbert Hoover in 1932. He may mismanage the sequel, but no Republican will be able to claim it was all Obama’s fault. Bush is urging the world’s leading economic powers, now mustered in Washington, not to give up on capitalism. The mere fact that an American president should feel obliged to issue this worried advisory shows how desperate things already are and much worse they will soon get. Each week brings a terrifying lurch, like a house on the edge of some cliff being pounded into slush by a Pacific storm. On the Doppler radar, we can see financial storm after financial storm lined up out there. Next to burst: the credit card overhang, of some $2.8 trillion in consumers’ plastic debt, much of which will have to be written off. The week after? Scores of cities and towns and even states are on the edge of bankruptcy. This week’s storm center has been the US auto industry, effectively bankrupt. “What’s good for the country is good for General Motors and vice versa,” said GM’s chairman Charlie Wilson in 1952, amid the glorious surge of the postwar auto boom. This week GM’s stock was trading at around $3, and analysts at Deutsche Bank said America’s largest industrial corporation, the ninth largest company in the world, is effectively worthless. Congress seems to be saying, bailout is only for bankers. GM has 266,000 employees. If it goes under, the ripple effect will put 2.5 million Americans out of work. Drive through any American town and you’ll see hundreds of acres of malls and box stores, almost all of them built in the past 20 years: Target, Best Buy, Circuit City, Home Depot, Borders Books, Linens ’n Things… Each day brings another bankruptcy. Circuit City, Borders, Linen ’n Things have gone. Home Depot is shutting down branches. In my local town of Eureka, northern California, the mall owner, General Growth has gone broke. With malls from Hawai’i to Maine, it was the second largest in America. The US Postal Service, with almost a million employees, and $2 billions worth of red ink this year, is considering the first layoffs, of 40,000 workers, in its history. Already America’s real unemployment rate, if shorn of statistical tricks designed to conceal bad news, stands at around 15 per cent and is rocketing up. Consumer spending in the third quarter was the worst in 28 years. As the country totters wanly into what promises to be an appalling holiday sales season, Obama and his advisors gingerly finger the poisoned chalice handed them by Bush. Vivid in their minds is Bill Clinton’s terrible transition, which permanently scarred his presidency. An incorrigible and disorganized procrastinator, surrounded by a self-indulgent, arrogant and inexperienced staff, Clinton left crucial posts unoccupied, ignored burning issues, dithered on policy, offended Congress and by the end of five months had lost control of government. So Obama is moving with all deliberate speed, starting with the hiring of Rahm Emanuel, fourth in rank among Congressional Democrats, as his chief of staff. Emanuel was present at the early Clinton meltdown and partly responsible for it. A foul-mouthed rough-houser, Emanuel’s job is to try and hold the Congressional Democratic majority in line and enforce White House supremacy. If there’s one particularly salient feature of the Obama campaign, it was discipline. Whether Emanuel will maintain it is an open question. Already Obama is urging a $50 billion bailout package for the auto industry and in his first press conference he emphasized his campaign commitment to tax cuts for middle Americans to stimulate the economy. The problem with GM and Ford is that they will be back for more billions in a few months, because their cars aren’t selling well. The problem with tax cuts is that they won’t prompt Americans to rush to the stores to buy things. “Go shopping,” Bush advised the American people after 9/11. They did. But now, hocked up to the eyeballs, they’re stopping and any spare change from lowered tax rates will go to paying off old debts, not buying expensive new cars and gadgets. This week I shopped for old corded phones on e-Bay. I got a big rush scoring an ATT pink princess phone with lighted dial for $13.50, but that’s not going to bail out America. The options for Obama and his future economic team are bleak. How to revitalize an economy and whose manufacturing jobs have gone to China, where the big employment gains have been among bartenders and waitresses, and where the building and home sales industry will be on its back for years to come? Would the oft-called-for shift to a “green jobs” program really mean big pay offs? The numbers are shaky. The falling price of oil has already finished off big alternative energy schemes like Boone Pickens’ monster wind farm in Texas. Obama’s advisors ponder huge programs to battle “man-made” global warming. It will be hard to persuade Congress to commit to vast programs to combat the supposed menace, if another cold winter rolls in, and anyway, “war on gobal warming” mostly spells out as adding new taxes to utility bills and saddling the government with new debt for nuclear plant construction and guarantees. What bailed out America’s economy in the thirties was not the New Deal but World War 2. Obama is indeed pledging a wider war in Afghanistan, but these days America’s wars are financed by countries like China, buying US debt. China says it doesn’t want to go on doing that. Intellectually, Roosevelt was an aristocratic dilettante, arrogant enough to take risks and try new things. Obama is super-cautious and respectful, particularly towards what the old populists used to call The Money Power, which paid for a good slice of Obama’s campaign. FDR was trying to beat off a much more serious threat to capitalism from the organized left, which was a mass movement. He was looking at the big plans for national reconstruction ongoing in Mussolini’s Italy, Hitler’s Germany and Stalin’s Russia. He had some radical advisors. The ruling class was panicked, tho’ in fairly short order it was trying to organize an armed coup against him. The left should start organizing credit card convoys, piling the nation’s credit card bills on semis and driving them to DC to pile in front of Congress and the White House. Get moving.
Get the Big PictureThe big economic picture is painted with particular clarity and power in the new edition of our newsletter, by Paul Craig Roberts. He gives the bleak picture, straight from the shoulder. Year after year, here in CounterPunch, Roberts has been limning with exceptional clarity the twin devastations of the Twin Horsemen of Our Apocalypse: neo-liberal economics and neo-conservative politics. Subscribe to read his powerful essay. Subscribe too, and read Judy Gumbo Albert’s risposte to Sarah Palin. Judy writes a great memoir of the late Sixties, from the Yipster perspective of one who famously said, when the Weathmen blew up a lavatory in the Capitol, “We didn’t do it, but we dug it.” You also get Yours Truly on the changed perspective on food. My first paragraph:
Subscribe, and read on. Now, aren’t these three sound reasons to look kindly on our fundraising appeal, now headed into its final three days? To keep going, newsletter and free website, we have to get to our target. This is our final call, to subscribe and to donate. We’re counting on you. If you like what we do, donate now. Alexander Cockburn can be reached at alexandercockburn@asis.com Note: much of the information for the section on presidential actions in the first hundreds days comes from the excellent site Awesome Good Magazine.
New in the Print Edition of CounterPunch For his 20-year stretch as Fed chairman, they all fawned on him – presidents, Congress, the press. Only a handful of left economists said he was pushing the economy over the cliff. Now Greenspan admits it in a humiliating confession. As the world’s financial structure tumbles in ruins, guess what? “I found a flaw in the model… To the extent that I figure out where it happened and why, I will change my views.” Read Frederic Claremont’s savage assessment of the fool who has plunged millions into misery. Also in our new issue: Bill Hatch on the story of one foreclosure; Kristian Williams on police torture in Chicago. Only in CounterPunch newsletter! Get your copy today by subscribing online or calling 1-800-840-3683 Contributions to CounterPunch are tax-deductible. Click here to make a donation. If you find our site useful please: Subscribe Now! CounterPunch books and gear make great presents. Order CounterPunch By Email For Only $35 a Year !
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New in the CP Print Edition! For his 20-year stretch as Fed chairman, they all fawned on him – presidents, Congress, the press. Only a handful of left economists said he was pushing the economy over the cliff. Now Greenspan admits it in a humiliating confession. As the world’s financial structure tumbles in ruins, guess what? “I found a flaw in the model… To the extent that I figure out where it happened and why, I will change my views.” Read Frederic Claremont’s savage assessment of the fool who has plunged millions into misery. Also in our new issue: Bill Hatch on the story of one foreclosure; and Kristian Williams on police torture in Chicago. Only in CounterPunch newsletter! Get your copy today by subscribing online or calling 1-800-840-3683 Now Available from CounterPunch Books! Waiting for Lightning
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