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How Bush Pushed Up Oil Prices
No newspaper has run the headline, “Bush to American drivers: drop dead!” It’s the biggest press failure since WMD. In fact Bush could easily cut oil prices in half. EXCLUSIVE to subscribers in our latest newsletter Michael Hudson lays out in detail exactly how the Great Oil Price scam works, and who’s benefitting. In 2003 he was on Don Rumsfeld’s bench urging war. Now he’s reinvented himself, yet again. Alexander Cockburn on the twists and turns of a pet intellectual of the Establishment, Fareed Zakaria. Copper, cobalt and zinc and villainy in the Congo: Colette Braeckman gives CounterPunchers the latest chapter in “the race for Africa”. 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.
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Today's Stories July 12 / 13, 2008 Alexander Cockburn Nicole Colson Stan Cox Ismael Hossein-Zadeh Wajahat Ali / John Stauber Alan Farago Missy Beattie Robert Fantina Rannie Amiri Gregory Kafoury Fran Shor Martha Rosenberg David Macaray Andrew Wimmer Farzana Versey Website of the Weekend July 11, 2008 Kevin Alexander Gray Sasan Fayazmanesh Peter Morici Mike Whitney Manuel Garcia, Jr. Robert Weissman Ramzy Baroud Kelly Overton Adrian Burgos Website of the Day July 10, 2008 Brian McKenna Paul Craig Roberts Saul Landau Ron Jacobs Joshua Frank Peter Morici Alan Maass Robert Weissman William Blum Alan Farago Website of the Day July 9, 2008 Ismael Hossein-Zadeh Luis Rodriguez Sheldon Richman Fatemeh Keshavarz Chad Hanson Sen. Russ Feingold Niranjan Ramakrishnan Dave Lindorff Stanley Heller Philip Rizk Website of the Day July 8, 2008 Nikolas Kozloff Laura Carlsen Mike Whitney Andy Worthington Patrick Irelan Chellis Glendinning David Macaray Dave Lindorff John Chuckman Phillip Doe Website of the Day July 7, 2008 Patrick Bond Kathy Kelly Andy Worthington Clifton Ross Elizabeth Schulte Ralph Nader Dave Lindorff Binoy Kampmark Stephen Fleischman Website of the Day July 5 / 6, 2008 Alexander Cockburn Jeffrey St. Clair / Patrick Cockburn Mike Whitney Robert Fantina Binoy Kampmark Rannie Amiri Eric Ruder Brian Cloughley William Blum Frank Barat Christopher Brauchli David Yearsley Ron Jacobs Karim Makdisi Wendy Thompson / N.D. Jayaprakash Ramzy Baroud Kelly Overton Richard Neville Poets' Basement Website of the Weekend
July 4, 2008 Kathy Kelly Dave Lindorff Paul Krassner Jackie Corr Laray Polk Dan Bacher Walter Brasch Charles Modiano Website of the Day July 3, 2008 Sharon Smith Andy Worthington Laura Carlsen Peter Morici Ramzi Kysia Martha Rosenberg Anne Landman Dave Zirin Kristin Bricker Website of the Day
July 2, 2008 Patrick Irelan Vijay Prashad Brian Cloughley Ralph Nader Robert Fantina Dave Lindorff Parvez Ahmed Robert Bryce Website of the Day July 1, 2008 Alexander Cockburn Mike Whitney Douglas Macgregor Steven Higgs Andy Worthington Binoy Kampmark Dave Lindorff Roger Burbach Richard W. Behan Gary Leupp Website of the Day June 30, 2008 Peter Lee Jeff Sommers David Macaray Martha Rosenberg David Price Alexandra Early June 28 / 29, 2008 Alexander Cockburn Jeffrey St. Clair Joan P. Mencher Nikolas Kozloff Jason Hribal Alan Maass Robert Fantina Bill Moyers / Mike Whitney Justin E. H. Smith Pham Binh David Yearsley Christopher Ketcham Jeremy R. Hammond Kathleen M. Barry Walter Brasch Brett Drugge Susie Day Website of the Day June 27, 2008 Franklin C. Spinney Jonathan Cook Brian Cloughley Saree Makdisi Liliana Segura Paul Krassner William S. Lind Candace Cohn Ron Jacobs Binoy Kampmark Website of the Day June 26, 2008 Patrick Cockburn Nikolas Kozloff William P. O'Connor Saul Landau Ashley Smith Dave Lindorff David Macaray Binoy Kampmark Matt Reichel Remi Kenazi Website of the Day
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Weekend Edition From Dylan to Iran Talking World War III BluesBy JAMES ABOUREZK I’ve been listening to some old Bob Dylan songs, most notably his “Talking World War III Blues,” and “The Masters of War.” Dylan’s protest music was a shattering wake-up call to the country back then, and it is amazing to me how similar the words to those old Vietnam era folk songs are to what we’re seeing today. He sang of war profiteering, of the callousness of sending young men off to war to die for nothing while old men were talking. When I was in the U.S. Senate, the CIA once held a briefing for those of us interested in Israel’s nuclear weapons program. I rarely attended those briefings, mostly because they swore us to secrecy, then gave us the same information that we could have read in the New York Times. In any event, in the 1970s we were told by the CIA that Israel had some 20 nuclear warheads. Israel had developed its nuclear weapons program with the help of Apartheid South Africa, back then the only country that would allow Israel to conduct nuclear testing. Mordechai Vanunu, who was jailed for publicly blowing the whistle on that country’s weapons program, spent years in prison for his sins. He is now out of prison, but prevented from leaving Israel or from talking to anyone about his knowledge, which at this time is surely outdated. But Vanunu’s offense was to disclose that Israel had some 200 nuclear weapons at their Dimona facility. In the last few years, both Syria and Iran, fearing Israel’s nuclear capability, have called for a nuclear weapons-free Middle East. Both proposals were either scoffed at or ignored both by the United States and by Israel. Of course, we would expect the Israelis to scoff, for the reason that if they were included in such a pact, they would have to give up their nukes, which now enables them to retain the title of, “Bully of the Middle East.” Israel has developed its nuclear weapons program out of sight of the eyes of the Nuclear Non-proliferation Treaty, which it has refused to sign, but which Iran and most other countries have signed. What is interesting about the tough talk now coming out of Washington, as well as from the two Presidential Candidates, Obama and McCain, is that they are advocating sanctions against Iran because of their firing of long range missiles, calibrated to reach Tel Aviv. Israel’s refusal to take part in the Treaty is an anomaly that gives George W. Bush an excuse to demonize the Iranians for developing a nuclear program, a program which, interestingly, American intelligence agencies have said is not for making weapons, but which Israel, Bush and Sen. Joe Lieberman all say is for making weapons. They are so certain that it is a weapons program that plans have been drawn up to bomb Iran’s nuclear sites. Israel claims if the U.S. won’t bomb them, it will. Now, the UN used to be an organization that would stand firm against such talk, especially if it has the potential to lead to violence, and, in this case, leading to a conflagration that threatens to light up the entire Middle East, and maybe the rest of the world as well. With the same lack of foresight that went into post-war planning for the Iraq War, the Bush Administration -- and Sen. Lieberman -- cannot wait to bomb Iran’s supposed nuclear weapons sites. The big problem here is that Iran is not Iraq. Iran has a great many ways to retaliate, ways which Saddam Hussein did not possess. First, there is the world oil market, already at a breaking point, fueled, not by oil shortages, but by speculators. Iran’s potential blockade of the Persian Gulf should they be attacked would bring oil prices to new, and outrageous highs, this time as a result both of shortages and by speculation. Some people think that the continuing tension between Bush and Iran is already the cause of skyrocketing oil prices. Iran has other weapons other than nuclear at its disposal, and would be able to use them against a country as close as Israel. There is little doubt that an Iranian retaliatory attack on Israel would most likely bring the United States into another Middle East war “to defend Israel” that we are currently ill-equipped to wage—but Israel doesn’t seem to care. Simply said, because of the Iraq War, we have run out of troops to defend even ourselves, to say nothing of defending an aggressive Israel. We should not forget Hezbollah, Iran’s ally in South Lebanon. One’s imagination cannot reach far enough to picture what might happen there, but if we hearken back to the 2006 Hezbollah-Israeli war we can begin to get a picture of the result. If we define Ahmedinejad as a big-mouthed madman, how can we define George W. Bush and Sen. Joe Lieberman, and the leaders of the Israeli Lobby? These are nothing more, as Bob Dylan used to sing, than old men talking while young men are dying. The difference here is that George W. Bush’s threats can be backed up by the most powerful military in the world, and Israel’s threats can be backed up by the most powerful military in the Middle East. Incidentally, I find it interesting that Bush attacked Saddam Hussein for no reason except that he sat on a lot of oil. Conversely, neither North Korea, which had more tangible nuclear weapons, nor Sudan, which is slaughtering people in Darfur, has any oil, so Bush opts for unenthusiastic diplomacy. And neither is threatening Israel as well. It’s apparent that our leaders have not yet learned that the outcome of wars they start are not exactly foregone conclusions. There is no amount of post-war planning that can predict what will happen once the Middle East goes up in flames, except for the death and destruction of tens of thousands of innocent lives. Judging from what has happened in Iraq, that’s the kind of post-war planning in which our leaders are not involved. James G. Abourezk is a lawyer practicing in South Dakota. He is a former United States senator and the author of two books, Advise and Dissent, and a co-author of Through Different Eyes. This article runs in the current issue of Washington Report For Middle East Affairs and appears here by permission. Abourezk can be reached at georgepatton@alyajames.net.
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