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You Want to Deal With a Humanitarian Crisis, Mr Obama?
“Right now Israel, with full support from the U.S. is denying 1.5 million people in Gaza ALL the necessities of life.” Read Kathleen and Bill Christison’s searing emergency bulletin to Obama. “This is a U.S.-created, U.S.-supported disaster…Put meat on the bones of your talk about compassion…” Also in the new issue of our subscriber-only newsletter, Barbara Rose Johnston brings us a detailed report on the drive for justice in Guatemala after another catastrophe sponsored by the U.S. – the building of the Chixoy Dam. Finally, Alexander Cockburn sets out the record of assaults on freedom in the Bush years. Get your Legacy Edition 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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Today's Stories December 19 - 21, 2008 Jeffrey St. Clair December 18, 2008 Phillip Doe Ronnie Cummins Jesse Sharkey Saul Landau Peter Morici Dave Lindorff Panos Petrou Jeff Cohen / Worthy Group of the Day December 17, 2008 Peter Lee Conn Hallinan Mike Whitney Jeff Halper Alan Farago Peter Morici Norm Kent Col. Douglas MacGregor Margaret Kimberley Ron Jacobs Worthy Group of the Day December 16, 2008 Vicente Navarro Patrick Cockburn Thomas Michael Power Jason Hribal Farzana Versey Wajahat Ali / Mats Svensson Paul Fitzgerald / David Macaray Howard Lisnoff Worthy Group of the Day December 15, 2008 Andy Worthington Franklin Lamb Karl Grossman Brian Cloughley Mary Lynn Cramer Steve Early Thomas Christie Ken Paff Niranjan Ramakrishnan Dave Lindorff Alan Farago Worthy Group of the Day December 12 / 14, 2008 Alexander Cockburn Michael Hudson / David Price Jeffrey St. Clair Frank Barat John Ross Binoy Kampmark David Macaray Ralph Nader Eamonn Fingleton Lawrence Velvel Behzad Yaghmaian Sam Husseini Tom Barry Howard Lisnoff Laura Carlsen Raj Patel Ron Jacobs Paul Watson David Yearsley Lorenzo Wolff Kim Nicolini Susie Day Poets' Basement Worthy Group of the Weekend December 11, 2008 Patrick Cockburn P. Sainath Vicken Cheterian Ray McGovern Dedrick Muhammad Lee Sustar Peter Morici Ayesha Ijaz Khan George Wuerthner Christopher Brauchli Worthy Group of the Day December 10, 2008 Ismael Hossein-Zadeh Mary Lynn Cramer Manuel Garcia, Jr. Joshua Frank Steve Conn Lee Sustar Glen Ford Stephen Lendman Nadia Hijab Dave Lindorff Website of the Day December 9, 2008 Mike Whitney Fawzia Afzal-Khan Ghada Karmi Dave Lindorff Steve Breyman Lee Sustar / Rev. William E. Alberts Martha Rosenberg Sam Husseini David Macaray Website of the Day December 8, 2008 Steve Early Michael Hudson Patrick Cockburn Diane Farsetta Paul Craig Roberts Daniel Gross Saul Landau Harvey Wasserman Mike Ferner Norman Solomon David Michael Green Website of the Day
December 5 / 7, 2008 Alexander Cockburn Brian Cloughley Paul Craig Roberts Liaquat Ali Khan Farzana Versey Peter Lee Peter Morici Ralph Nader / Yinon Cohen / Wajahat Ali Johnny Barber Alan Farago Jeremy Scahill Mike Whitney Ranjit Hoskote Carl Finamore Marjorie Cohn Norm Kent Missy Beattie Binoy Kampmark David Macaray Nancy Stohlman Ron Jacobs David Yearsley Lorenzo Wolff Poets' Basement Website of the Weekend December 4, 2008 Ece Temelkuran Ralph Nader Harry Browne Eamonn Fingleton Conn Hallinan Mike Whitney Stewart J. Lawrence Paul Fitzgerald / Karyn Strickler Jennifer Matsui Website of the Day December 3, 2008 Andrew Cockburn Sheldon Rampton Robert Weissman Yifat Susskind William Blum Alan Singer David Macaray Martha Rosenberg Mats Svensson Website of the Day December 2, 2008 Jeremy Scahill Paul Craig Roberts Ayesha Ijaz Khan Sarah Anderson / William Blum John Ross Dave Lindorff Nicola Nasser Steve Conn Robert Bryce Website of the Day December 1, 2008 Patrick Cockburn Damien Millet / Vijay Prashad Deepak Tripathi Joshua Frank P. Sainath Alan Farago Binoy Kampmark Chris Genovali David Michael Green Stephen Martin Website of the Day November 28-30, 2008 Alexander Cockburn Mike Whitney Ted Honderich Tom Kerr Mike Ely David Yearsley Deepak Tripathi Sonja Karkar Ramzy Baroud Robert Weitzel Robert Roth Carlos Fierro David Macaray David Rosen James Cockcroft Stan Cox Steve Conn Stephen Martin Richard Rhames Kim Nicolini Lorenzo Wolff Poets' Basement
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Weekend Edition The Confinement of Mr. MadoffWeekend at Bernie'sBy CHRISTOPHER BRAUCHLI Put in a positive light, so as not to cast a pall over the joys of the Christmas season, Bernard L. Madoff should be viewed as someone who has expanded the consequences of one of the great new traditions of the holiday season to a group that never expected to share in it. The tradition to which I refer is the tradition of corporations large and small alike informing their employees that in the new year they will have more time at home with the family. That news is always accompanied by the news that there will no longer be a paycheck, thus, in most cases, reducing the quality, if not the quantity, of time spent at home with the family. The timing of the announcement is nothing more than a sad coincidence that results from the conscientious (and usually high paid) executives’ year-end examination of the performance of the company. They cannot be blamed for the fact that Christmas and the year-end coincide. In addition to the sad news imparted by employers of ongoing companies to employees, in 2008 many companies were forced into bankruptcy and retired and former employees learned that pension plan payments and health insurance benefits might be reduced or eliminated because of the company’s misfortune. (People with IRAs and other retirement accounts have seen the value of those accounts reduced by close to one-half thus permitting them to at least partly share in the joys of the season.) Unaffected by such misfortunes, until recently, were the highly paid executives of these companies. Similarly unaffected were the wealthy who relied on investments, rather than pay checks, to maintain their standards of living. Thanks to Mr. Madoff that has all changed. Whereas the beneficiaries of the imposition of cost cutting measures that have cost them their jobs now have more leisure time, the beneficiaries of Mr. Madoff’s business practices, though having no less leisure time, will find its quality greatly diminished. Thousands of extremely wealthy individuals have now learned that their wealth has been taken from them by a man who led them to believe for years, if not decades, that their fortunes were safe if entrusted to him. In that respect they were like the long-term employees of corporations who believed that nothing was more important to the executives of their companies than their future welfare and comfort. For more than 30 years, Mr. Madoff was the darling of Wall Street and thousands of people who invested with him. In some cases would-be investors joined Tony country clubs in order to gain access to Mr. Madoff. Many big names in the financial world invested with Mr. Madoff. Mr. Madoff seemed to guarantee a modest but consistent return that enabled his clients to live in the style to which they not only were accustomed but entitled, thanks to their accidents of birth, in some cases, and their business acumen (except when it came to investing) in others. Mr. Madoff is not the only financial wizard whose efforts have leveled the living field between employees and their more affluent counterparts. On December 14 the New York Times reported that Marc S. Dreier the founder of the 250-lawyer Dreier L.L.P. Park Avenue law firm had bilked clients and his law firm of more than $380 million. Among other things, he represented the Solow real estate firm for many years and began drafting and selling fictitious promissory notes that had apparently been issued by the firm. Like Mr. Madoff, Mr. Dreier was a one-man swindler. None of the 250 lawyers who worked with him were aware of his activities. He had no equity partners and there was no executive committee to review the overall operation of the firm. In addition being a one-man operation, there were other similarities between Mr. Dreier and Mr. Madoff. Each of them owned three expensive homes and each of them owned a yacht. Mr. Dreier’s was docked in Manhattan whereas Mr. Madoff’s was kept in the Bahamas. Both men were generous to a fault using their money to support a variety of charitable causes although it was not, of course, their money. Thanks to Messrs. Madoff and Dreier, many people who have lost all or significant parts of their savings will now relate more easily to the touching and sad picture on the front page of the New York Times of former Chrysler employee, Cindy Spisak, being hugged by Douglas Yandura after she was laid off by Chrysler. They now know exactly how she and millions like her feel because that is how many of them feel. Maybe Doug Yandura will come by and give them all hugs. Messrs. Dreier and Madoff won’t. They’ll be confined. Christopher Brauchli is a lawyer in Boulder, Colorado. He can be reached at: Brauchli.56@post.harvard.edu
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Now Available from CounterPunch Books! Waiting for
Lightning
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