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HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
Killing Off Slobo

Was Serbia a Practice Run for Iraq?

by PAUL CRAIG ROBERTS

On March 11, the former Serbian leader and president of Yugoslavia, Slobodan Milosevic, died in his prison cell at the Hague, where he had been on trial for four years and one month for war crimes and genocide. The Serbian Socialist Party leader Zoran Andelkovic responded to the news of Milosevic’s death with the following statement:

"Slobodan Milosevic, the president of the Socialist Party of Serbia and a former president of Serbia and Yugoslavia was murdered today at the Tribunal in Hague. The decision of the Tribunal to disallow Milosevic’s medical treatment at the Bakunin Institute in Moscow represents a prescribed death sentence against Milosevic. Truth and justice were on his side and this is why they have used a strategy of gradual killing of Slobodan Milsosevic. The responsibility for his death is clearly with the Hague Tribunal."

A partisan accusation or the truth? Milosevic was known to be seriously ill. The Russian government promised to return Milosevic to the Tribunal after treatment. The Tribunal refused. It is easy to conclude that the case against Milosevic had collapsed and that an embarrassed US government, NATO authorities, and Hague Tribunal decided to let him die in his cell rather than admit that his guilt could not be proven even after a trial lasting four years and one month.

Milosevic was caught up in the post-Soviet era break-up of Yugoslavia. Nationalist forces broke up the Yugoslav federation. During 1991-92, Croatia, Slovenia, Macedonia, and Bosnia-Herzegovina seceded from Yugoslavia. Large Serbian minorities in Croatia and in Bosnia objected and claimed the identical right of self-determination to remain in the federation as Croats and Muslims claimed to leave it. Croatian and Bosnian Serbs organized and a war against secession began.

Milosevic could hardly remain a Serbian leader and not support the Serbs. Abraham Lincoln was canonized for invading the South to prevent its secession, but Milosevic was damned for trying to protect Yugoslavia’s territorial integrity. In the end Milosevic accepted secession. In 1995 Milosevic negotiated the Dayton Agreement which ended the war in Bosnia. According to the encyclopedia, Wikipedia, "Milosevic was credited in the West with being one of the pillars of Balkan peace."

In 1998 Milosevic was confronted with a more severe problem. Armed actions by the separatist Kosovar Liberation Army, listed as a terrorist organization by the US Department of State, in the ancient Serbian province of Kosovo broke out into warfare. Milosevic was now trying to hold on to a province not of Yugoslavia but of Serbia itself, a province that had been colonized by ethnic Albanians. The Serbian population in Kosovo was outnumbered nine to one and suffered greatly at the hands of the KLA.

Milosevic, already damaged by the wars of secession that destroyed Yugoslavia, lost the media campaign waged by public relations firms hired by contending factions that spun the news that Americans received. Milosevic was demonized, and the Clinton administration had Serbia bombed by NATO forces for 78 days in the spring of 1999. Many Serbian civilians were killed by the air strikes which hit passenger trains and destroyed the Chinese embassy. In effect, the US interfered in Serbian affairs in behalf of the secession, with the result that Kosovo has been essentially ethnically cleansed of Serbs. Kosovo is apparently still considered to be a part of Serbia, but it is administered by the United Nations. Somehow, this has been presented as a great moral victory for humanity.

If the massive propaganda campaign against Milosevic had many facts behind it, he long ago would have been convicted at the Hague. What was the episode all about?

In my opinion, it was to establish the precedent, later to be employed in the Middle East, that the US government could demonize a head of state geographically distant from any legitimate "sphere of influence" and use military force to remove him. This is precisely the fate of Saddam Hussein, and the Bush regime still hopes to repeat the strategy in Iran and Syria.

The unanswered question is why does the "international community" go along with it? The numerous civilians killed by US interventions are just as dead as the ones killed by heads of state attempting to hold on to their countries. Why are the latter deaths war crimes but not the former?

As a presidential candidate, George W. Bush criticized President Clinton’s intervention in Serbia and disavowed the international policeman role for the US. But as soon as Bush got in office, he plotted to invade Iraq. Why?

Americans should be very concerned that Bush still has not come clean about why he invaded Iraq. Americans should be disturbed that despite the disastrous results in Iraq, Bush still intends "regime change" in Iran and Syria.


Jobs Update

The Bureau of Labor Statistics’ payroll jobs report released on March 10 lists 205,000 new private sector jobs for February. As has been the case for a number of years, the new jobs are in domestic nontradable services. The sources of February’s new jobs are:

* construction (primarily specially trade contractors) 41,000 jobs;

* wholesale and retail trade, transportation and warehousing, 15,000 jobs;

* financial activities (includes insurance and real estate) 22,000 jobs;

* professional and business services, 39,000 jobs (roughly half of which are in administrative and waste services);

* education and health services, 47,000 jobs;

* waitresses and bartenders, 21,000 jobs.

During the past year, the economy has lost 60,000 private supervisory jobs, 48,000 manufacturing jobs, 65,000 jobs in nondurable goods (mainly textiles, apparel, paper and paper products), and 25,000 jobs in air transportation. Over the last year, the economy has gained 203,000 jobs for waitresses and bartenders.

New York Times reporter Vikas Bajaj again misreported the BLS release. He attributed 38,000 state and local government jobs to businesses.

Charles McMillion of MBG Information Services reports that hours worked in manufacturing have fallen 7.1 percent during the 51-month old current recovery and that growth in total private sector hours worked in non-supervisory jobs is the weakest of any recovery on record. This suggests that many new jobs are for less than a full 40-hour work week, which could account for the lack of growth in median household real income.

PAUL CRAIG ROBERTS was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review. He is coauthor of The Tyranny of Good Intentions.He can be reached at: paulcraigroberts@yahoo.com