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Read Cockburn and St. Clair's Whiteout: the CIA, Drugs and the Press and discover how the CIA gave a helping hand to the opium lords who took over Afghanistan, thus ushering the Taliban into power.

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August 2, 2002

Jeffrey St. Clair
Dark Deeds in the Black Hills:
Daschle Dooms the
Sacred Land of the Sioux

August 1, 2002

Steven Higgs
Activists Under Siege

Anthony Gancarski
Draft Picks:
Staffing the Latest War

Zeynep Toufe
Invisible Children: AIDS,
Africa and Selective Vision

Alexander Cockburn
Drivel and Squawk:
Angelina Jolie, the NYT
and the Attack on McKinney

July 31, 2002

Amelia Peltz
Inside Ramallah:
How Can the World Witness Such Suffering and Do Nothing?

M. Shahid Alam
The Academic Boycott of Israel

Bernard Weiner
20 Things We've Learned Since 9/11

Philip Cryan
Discourse and War in Colombia

Neve Gordon
A Feast of Bombs:
Sharon's Endgame for Palestine

July 30, 2002

Pierre Tristam
Branding September 11

PS Burton
Financial Journalism:
A Very Small Cog

Tom Stephens
Hypocrites in the House:
Fast Track After Midnight

Dave Marsh
Censorship Goes Global

July 29, 2002

Linda Belanger
Why Do They Do It?

Alfredo Castro
Colombia's Disappeared

Anne Brodsky
Inside Pakistan and
Afghanistan with RAWA

Andrew George
The Fires of Summer:
Don't Blame the Greens

David Vest
A Blind Mule and
a Box of Medals

July 28, 2002

Bob Geary
Our Dinner with Fidel Castro

July 27, 2002

Ian Daoust
The New Mahler, Seattle Style

Gavin Keeney
Zizek and Lenin

Ralph Nader
Citigroup Heal Thyself

M. Shahid Alam
American Presidents (Poem)

Mokhiber / Weissman
Push Back: Women Take
on the Corporate Beasts

July 26, 2002

Jerre Skog
American Dictatorship:
It Couldn't Happen...Could It?

Philip Farruggio
Lie, Rob and Steal

Rep. Ron Paul
Monitor Thy Neighbor

Ron Jacobs
Thinking About the
Weather (Underground)

Walt Brasch
Ashcroft's War on Bookstores

July 25, 2002

Norman Madarasz
Paul Krugman's Howl:
Populism, War and
the Melting Economy

Gavin Keeney
Van Morrison: In September

Rep. Cynthia McKinney
War on Terrorism or
Police State?

July 24, 2002

Gary Leupp
An Islam Primer

July 23, 2002

Jeffrey St. Clair
The Battle for Zuni Salt Lake

Ansar Ahmed
Am I with You, George?

Bill Christison
The Disastrous Foreign Policies of the US: Oppression Abroad Means Repression at Home

July 22, 2002

Rick Giombetti
Glaxo Raises White Flag
in Paxil Case

Wayne Madsen
Forbidden Truth
The Press, Bush, Oil
and the Taliban

July 21. 2002

Francis A. Boyle
The Rogue Elephant

Jennifer Harbury
Why are the FBI & CIA Targeting Me?

Joan Claybrook
Time for a Special Prosceutor
for Thomas White

Gloria Bergen
The Struggle of Workers
in Palestine

Dave Marsh
Mr. Big Stuff:
Alan Lomax, Great White Fraud

James T. Phillips
"I'll Tell You No Lies"
The Human Rubble of War

July 20, 2002

Gavin Keeney
The Grave New Urbanism
World Trade Center Burlesque

Jacob Levich
"I Was Schooled in Hate"
Confessions of a
Summer Camp Terror Tot

Thomas Croft
Augusta, GA
Growing Up in the Deep South

Alexander Cockburn
The Market Hogwallow:
Popgun Populism Isn't Enough

July 19, 2002

Abe Bonowitz / SueZann Bosler
A Discussion with Jeb Bush on the Death Penalty

Jonathan Power
No Need for War Against Iraq

Rick Giombetti
Qwest Death Watch

Kurt Nimmo
Of Mice, Bullets & Bombs

M. Shahid Alam
Through Racist Eyes:
Is Eurocentrism Unique?

July 18, 2002

Mokhiber / Weissman
Business As Usual

Jerre Skog
I Spy: Now Let's be Fair,
the USA Ain't East Germany

Ralph Nader
The CEO Crimewave:
Corporate Socialism

Mahbubul Karim (Sohel)
The Rising Tensions
Between Spain and Morocco

Alexander Cockburn
Drivel and Squawk:
Can the Times' Jeff Gerth
Save the White House?

Resources:
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Five Days That
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Seattle and Beyond

By Alexander Cockburn
and Jeffrey St. Clair
Photos by Allan Sekula

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Published March 15, 2002

  • Facing Down Rehnquist and Scalia:
  • Jennifer Harbury at the Supreme Court;
  • ADL Throws in Towel, Pays Up:
  • How They Worked for Apartheid Regime and Spied on NAACP:
  • Cockburn on America the Bully:
  • From Teddy Roosevelt to George W.
  • St. Clair on Musicians Against the Death Penalty & The Legacy of the Mekons.


    Search CounterPunch

Read Whiteout and Find Out How the CIA's Backing of the Mujahideen Created the World's Most Robust Heroin Market and Helped to Finance the Rise of the Taliban and Osama bin Laden

Whiteout:
CIA, Drugs & the Press

by Alexander Cockburn
and Jeffrey St. Clair

The Memphis Blues Again:
Six Decades of Memphis Music Photographs
Photos by Ernest Withers
Text by Daniel Wolff

The New Intifada:
Resisting Israel's Apartheid

Edited by Roane Carey

 

 

 

 

 

 

 

 

 

 

 

 


 

A Pocket Guide to
Environmental Bad Guys
by James Ridgeway
and Jeffrey St. Clair

The Phoenix Program
by Douglas Valentine

Al Gore:
A User's Manual
by Cockburn
and St. Clair

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Reviews of Gore:
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Private Warriors
by Ken Silverstein

CounterPunch's Booktalk

August 2, 2002

Moral Maze
Bug-eyed Believers Balk Bagmen on Bankruptcy

by Chris Floyd

Who says liberals never have anything nice to say about the bug-eyed religious extremists who have taken over the Republican Party and poisoned America's political discourse with their frothing ignorance and Talibanic zeal for barbaric repression? We dispute such vicious slander. In fact, when it comes to their latest battle, we are proud to stand up and proclaim: "Godspeed, you Christian soldiers!"

That's because a few Congressional Bug-Eyes--with a bug up some other part of their anatomy about a woman's right to control her own body--are the only thing now standing between ordinary working people and the white-collar predators of the "financial services industry," who aim to eat up the lives of those they have already crippled with their "easy-money" scams.

This week, anti-abortion extremists in the House of Representatives forced a delay on a final vote on the great googily-moogily "Bankruptcy Bill," the New York Times reports. They're not worried about the countless families that will be devastated by the bill, of course; they're in a snit over an amendment that would curtail the ability of anti-abortion terrorist groups to use bogus bankruptcies to dodge financial penalties after they've been caught burning down clinics, stalking nurses, harassing pregnant women or killing doctors.

Their reasoning may be repellent, but there is some hope that these notorious mollycoddlers of domestic terrorism might be able to mount enough procedural roadblocks to, well, abort the bill altogether--even though the measure enjoys, as the Times hastens to assure us, "broad bipartisan support."

Of course, in mediaspeak, "broad bipartisan support" usually just means that some shady outfit has been throwing ungodly amounts of money at the ever-eager courtesans in Washington. And there has sure enough been some money thrown here--as you'd expect, when it's bankers and credit-card companies coming to call.

The new bill--which was actually written by "financial services" lobbyists--would "protect" the little lambs of Wall Street from all the vicious single mothers, unemployed fathers, ghetto scum and trailer-park trash out there who have collapsed beneath the debt they've taken on at the frantic urging of, er, Wall Street. For years, the "financial services industry" has deliberately targeted the most vulnerable people in American society--those on the economic margins, young kids just starting out in life, working parents stretching to pay the bills, sick people laden with medical costs, the luckless, the desperate, the ill-educated, the naive--and plied them with promises of "instant credit" and "pre-approved loans" in slick advertising campaigns and junk-mail bombardments.

They operate like playground pushers: "Hey, kid, the first bag is free." Once the habit of life on credit is established, then the extortionate interest rates, the "late charges" and "rollovers" kick in. The promised good life is gone, siphoned away into the coffers of credit giants like MBNA Corporation of Delaware, the world's biggest peddler of plastic cash, and the great banking houses, who use the profits they've plucked from the broken backs of grubby proles to fuel their shell games with Enron, WorldCom, Harken and the boys.

Millions of the Americans thus ruined have fled to the slender and humiliating protections of personal bankruptcy. In most cases, the existing laws do wipe away some debts, particularly unsecured debt. But it leaves many others on the books, while destroying the debtor's credit rating for years to come, closing the door on dreams of buying a car or house, or engaging in any of the innumerable transactions that now require ID and surety in the form of--what else?--a credit card. It's no "easy out;" it's a hard step, a desperate measure, fraught with lingering doubts, agonizing decisions, and irrevocable consequences no matter what you choose--much like abortion, in fact.

Now, in the Herbert Hoover-like financial nightmare that has engulfed America in the Second Coming of Bushonomics, millions of people have been thrown out of work. Millions more have seen their pensions, their nest eggs, their financial security wiped out by the gargantuan frauds of Wall Street. But even this has not stopped the "financial services industry" from trying to gut the slim protections of the existing laws and force bankrupts to pay off credit card debts and loans--sometimes before paying for other trifles, such as alimony, medicine or groceries.

Well-heeled supporters of the bill--like the insider-trading wastrel in the White House, who never risked a dime of his own money while making millions in politically-connected sweetheart deals--claim the strongarm measure is in fact a Godly edict, forcing the rabble to face up to their "unhealthy values" and "irresponsibility." Indeed, Senator Charles Grassley, one of the bill's champions, says it will even stem "the eroding moral values of some people."

Those would be the little people--the unconnected people--of course. But not the kind of people who rake in more than $300,000 in "hard money" contributions to their presidential campaigns from MBNA--the largest single corporate briber to the Bush team in 2000, outpointing even Kenny Boy Lay. Or the kind of people who receive $447,000 low-interest loans from MBNA just four days before becoming a chief sponsor of the bill--like House Democrat James Moran of Virginia. Or the hundreds of other congressmen who pocketed a total of $37.7 million in "financial services" baksheesh in 2000--and God only knows how much since then. No, their "moral values" are firm and uneroded.

Meanwhile, as always, the weakest go to the wall--unless the Bug-Eyes stand fast for terrorism.

Murky old world, ain't it?

Chris Floyd is a columnist for the Moscow Times. He can be contacted at cfloyd72@hotmail.com

ANNOTATIONS for "MORAL MAZE"

"Senate Delays Final Vote on Bankruptcy Bill,"
New York Times, July 29, 2002

"Negotiators Agree on Bill to Rewrite Bankruptcy Laws,"
New York Times, July 26, 2002

"White House Hails Bankruptcy Bill,"
Associated Press, July 26, 2002

"Infectious Fraud,"
Financial Times, July 29, 2002

"Bush's Role in Corporate Fraud,"
Boston Globe, July 23, 2002

"Lobbyists Near Bankruptcy Bill Goal,"
New York Times, March 13, 2001 (archive fee required)

"Let the Hogfest Begin,"
Salon.com, March 12, 2001

"Citigroup deals helped Enron to hide its debts,"
Wall Street Journal, July 22, 2002

"Soros: Harken Sought Influence in Buying Bush Firm,"
Boston Globe, July 19, 2002

"Twice as Bad as Hoover,"
Consortiumnews.com, July 23, 2002

"Influence and Bailouts a Business Tradition in Bush Family,"
St. Petersburg Times, Oct. 29, 2000

Today's Features

Jeffrey St. Clair
Dark Deeds in the Black Hills:
Daschle Dooms the
Sacred Land of the Sioux

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