Exclusively in the new print issue of CounterPunch
FATTENING WALL STREET
— Mike Whitney reports on the rapid metamorphosis of new Fed Chair Janet Yallin into a lackey for the bankers, bond traders and brokers. The New Religious Wars Over the Environment: Joyce Nelson charts the looming confrontation between the Catholic Church and fundamentalists over climate change, extinction and GMOs; A People’s History of Mexican Constitutions: Andrew Smolski on the 200 year-long struggle of Mexico’s peasants, indigenous people and workers to secure legal rights and liberties; Spying on Black Writers: Ron Jacobs uncovers the FBI’s 50 year-long obsession with black poets, novelists and essayists; O Elephant! JoAnn Wypijewski on the grim history of circus elephants; PLUS: Jeffrey St. Clair on birds and climate change; Chris Floyd on the US as nuclear bully; Seth Sandronsky on Van Jones’s blind spot; Lee Ballinger on musicians and the State Department; and Kim Nicolini on the films of JC Chandor.
In a recent story about the growing trend in outsourcing, I drew from many sources, the first of which was one about IBM’s recent exporting of jobs to India that was
first published by Bloomberg news. As I double-checked the growth trend in outsourcing, I muddled my sources and took
Bloomberg to task about things actually reported by several other news services, particularly one story by Andrea
Ahles, a Star-Telegram Staff Writer. While the trend in outsourcing is a serious one, growing faster all the time
according to Forrester Research, it appears that I must retract the story. In my zeal, I rushed the story and bungled
it. I apologize for my haste and vow much more careful work in the future.