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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 26 / 27, 2008 Joseph Nevins July 25, 2008 Harvey Wasserman Paul Craig Roberts Alan Farago Paul D'Amato Gary Leupp Niranjan Ramakrishnan Mike Whitney Paul Krassner Mike Roselle Website of the Day July 24, 2008 Greg Moses Andy Worthington James Bovard Joe Bageant George Wuerthner DC Larson William Willers David Macaray Website of the Day July 23, 2008 Winslow T. Wheeler Paul Craig Roberts Ralph Nader Mike Whitney Susie Day Website of the Day July 22, 2008 Nikolas Kozloff Patrick Cockburn Soldz, Olson, Reisner Arrigo and Welch Moshe Adler Martha Rosenberg Dan Bacher Harvey Wasserman Anthony Papa Binoy Kampmark Website of the Day July 21, 2008 Ishmael Reed Mike Whitney Andy Worthington Scott Pellegrino John Ross Robert Weitzel Mike Stark Website of the Day July 19 / 20, 2008 Alexander Cockburn Jeffrey St. Clair Dave Lindorff Saul Landau Ron Jacobs Uri Avnery Neve Gordon Roane Carey Robert Fantina Christopher Brauchli Fred Gardner David Macaray Richard L. Hutto Bill Moyers / Ronnie Cummins David Yearsley Alison McKenna Wajahat Ali Poets' Basement Website of the Day July 18, 2008 Corey D. B. Walker Mike Whitney Robert Bryce Mike Roselle Bouthaina Shaaban Eve Spangler Website of the Day
July 17, 2008 Paul Craig Roberts James G. Abourezk Ralph Nader Allan J. Lichtman Andy Worthington"Screwed Up" and"Abused": Omar Khadr's Interrogations at Gitmo Ronnie Cummins
July 16, 2008 Jeffrey St. Clair Paul Craig Roberts Conn Hallinan Dave Lindorff William S. Lind Christopher Brauchli Website of the Day
July 15, 2008 Michael Hudson Brian Cloughley Patrick Cockburn John Ross Howard Lisnoff Website of the Day July 14, 2008 Uri Avnery Paul Craig Roberts Trish Schuh Patrick Cockburn Mike Whitney Alan Farago Seth Sandronsky Phyllis Pollack Website of the Day July 12 / 13, 2008 Alexander Cockburn Jeffrey St. Clair James Abourezk 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 Ron Jacobs Farzana Versey Kim Nicolini Poets' Basement 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 |
Weekend Edition Not Much to Work With HereMcCain, Iraq and the CampaignBy ROBERT FANTINA As weeks go, the last few have not been good ones for Republican presidential candidate, Senator John McCain (R-AZ). First and foremost, the rug on which stands the greater part of his candidacy was suddenly and rudely pulled out from under him. After saying for as long as anyone could remember that the U.S. must fight on to victory in Iraq (one hesitates to say again that not he, Mr. Bush or any of the other Republican or Democratic war-mongers has ever defined victory), and that any talk of a timeline for withdrawal is tantamount to turning the U.S. over to jihadists, no less a worthy that Mr. McCain’s idol, President George Bush, has said that he is interested in discussing a ‘general time horizon’ (read: timeline) for withdrawal of U.S. troops. And to add insult to injury, while Mr. McCain’s opponent in the contest for the White House, Illinois Senator Barack Obama, was travelling across the globe in order to give himself a more presidential look, Iraqi Prime Minister Nouri al-Maliki announced to the world that he agrees with Mr. Obama’s sixteen-month schedule for withdrawal of all U.S. troops. What, one might ask, is a conservative Republican candidate, clinging to the coattails of one of the most unpopular presidents in 100 years, to do? His signature issue has been undermined by Mr. Coattails, who seems to have taken an oversize shears and cut Mr. McCain loose. Even Mr. Bush’s Iraqi puppet, that upstart, has agreed to a sixteen-month timeframe to bid a not-too-fond farewell to U.S. soldiers. Then, to add even more insult to an already painful injury, Mr. Bush has sent representatives to negotiate with Iran! After stating categorically Mr. McCain has said on occasion that his grasp of economic issues is a little vaguer than perhaps it should be. This appears to be some grudging acknowledgment that as far as doing anything to ease the mortgage crises in the U.S., create jobs or slow inflation, he is completely out of his element; these problems were created during the Bush administration and would not be resolved under a McCain administration. Rather, he has emphasized his foreign policy experience which consists mainly of having been a prisoner of war during one of the U.S.’s earlier imperialistic misadventures. For reasons that boggle the mind, many people, at least within the Republican Party, feel that such an experience qualifies him to resolve two wars that the U.S. never should have waged and is losing badly; prevent a third (Iran) and possibly a fourth (Cuba); restore the reputation of the U.S. among nations that are long-term allies but now hate and fear the U.S., and generally bring order where Mr. Bush has wrought chaos. And now he has lost that issue, his foreign policy ‘expertise.’ Certainly he can still claim that he will do a better job than Mr. Obama, but with Mr. Bush embracing (even through the back door) Mr. Obama’s withdrawal plan, Mr. McCain seems to be stranded on a rather forlorn and deserted campaign island. All this, most unfortunately, leaves the Arizona senator without much of a political leg to stand on. But, not one to let reality get in the way of his power-mad dreams, he forges on. Any candidate, of either party, when faced with such a situation would immediately attempt to change the subject, and this is exactly what Mr. McCain did. With the war in Iraq seeming to be a non-issue, since Mr. Bush and Mr. Obama appear to agree on a withdrawal timeline at least in concept, Mr. McCain looked at another hot-button issue for voters: gasoline prices. And how best, he apparently asked himself, could he deflect attention from Mr. Obama’s attention-grabbing world tour, to this other issue on the minds of voters? He blamed Mr. Obama for the gas crises. There is an old expression about the kettle calling the pot black. One might wonder how a senator in his first term (the pot) is to be blamed for anything, by a four-term senator (the kettle). Yet Mr. McCain has stated that, since his opponent opposes off-shore oil drilling, an issue that has not been considered for years, he is therefore responsible for the pain each SUV owner feels every time he or she fills up at the pump. One will recall Mr. McCain’s compassionate, let-them-eat-cake proposal to provide relief for drivers: a moratorium on the gas tax for the summer months. This, said Mr. McCain magnanimously, would allow families to ‘drive a little farther,’ and possibly even have ‘something left over’ during the summer. Beyond what little positive public relations this nonsense might have brought to the Republican candidate, it only highlighted how out of touch he is with the average working, or struggling to find work, American. But one must make allowances; when one is married to an heiress with an annual income in the millions of dollars, it must be difficult to recognize that there are people unable to keep a roof over their heads, much less provide for their families that uniquely American luxury, health care. So there we are: Mr. Obama is to blame for the outrageous gasoline prices, and by association, by the astonishingly outrageous oil company profits. Mr. McCain, with four terms in the senate following three in the house, is innocent of this; he was certainly too busy opposing a national holiday honoring Dr. Martin Luther King; brokering shady deals with savings and loan companies and trotting out his prison-of-war experiences to ever have touched on addressing U.S. dependency on oil. And now that the nation is enraged by oil prices, off-shore drilling becomes the new panacea, when in actuality all it will do is fill to overflowing the vast, already gluttonous bank accounts of the oil companies. But when a candidate lacks any idea of how to resolve a major problem, why not jump on whatever bandwagon happens to be rolling by at the time? And since his Iraq bandwagon, never better than shaky at the best of times, has now crashed and burned, oil prices seems to be a worthy substitute. As Mr. Obama trots around the world, generating increasing amounts of excitement as both the first major party African-American candidate for president, and as a refreshing and longed for replacement for Mr. Bush, Mr. McCain struggles to capture the imagination of an apathetic Republican Party. Even evangelical conservatives, the core of GOP support in the last several elections, are only now grudgingly considering endorsing the elderly senator from Arizona. Compare this to their wild enthusiasm for his war-mongering, tax-breaks-for-the-rich predecessor and one can easily understand why Mr. McCain always looks so dour. Republicans, it seems, may not be as quick to vote against their own best interests as they have previously been; perhaps all that time waiting in the unemployment line has giving them more time to think about the issues that touch their lives. The campaign for the presidency, hard as this may be to believe, has not yet officially begun; that generally happens after the Labor Day weekend. But in reality, any thinking person can see what it will be like: one candidate basking in the glow of novelty, perhaps sufficiently to be elected, while the other desperately attempts to find something to throw out to the populace that they might be willing to grab onto. Either way, nonsense will be reported as statesmanship and irrationality as thoughtful policy proposals. It is business as usually as the U.S. elects a president. Robert Fantina is author of 'Desertion and the American Soldier: 1776--2006.
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