Today's Stories

November 27 - 29, 2009

Carl Ginsburg
Planning for Poverty?

Joshua Frank
Coal Kills

David Macaray
Adventures in Polarization

November 26, 2009

Vijay Prashad
Mumbai in the Shadow of Kashmir

Greg Moses
We Remember the Popol Vuh

Jayne Lyn Stahl
How About a War on Poverty Instead?

Jeff Cohen
Get Ready for the Obama / GOP Alliance

John Blair
The Gasification of Indiana

Ann Robertson /
Bill Leumer
A Surge in Demands on Goverment for Jobs

Farzana Versey
The American East India Company

Sam Husseini
Moral Relativism at Fort Hood: Guilt, Therapy and the System

Tom Mountain
The Truth Behind the Turkey

Website of the Day
A Thanksgiving Prayer by William S. Burroughs

November 25, 2009

Dave Lindorff
The Bush-Blair Conspiracy on Iraq

Marjorie Cohn
The Case of Lynn Stewart

Belén Fernández
An Interview with Honduran Coup General Romeo Vásquez Velásquez

Ralph Nader
Weak-Kneed in China

Rannie Amiri
The Impending Release of Gilad Shalit: What Palestinians Deserve in Return

Missy Beattie
Finish the Job?

Rob Stone, MD Health Care Delusions: Better Than Nothing?

Norm Kent
In Praise of Adam Lambert

Binoy Kampmark Handing It to France: the Sporting Trial of Thierry Henry

Ron Ridenour
International Support for Sri Lanka

Website of the Day
The Credit Card Game

November 24, 2009

Mary Lynn Cramer
Health Care Reform and the Skinning of Seniors

Dean Baker
Too Big to Kill? The Vampire Banks Rise Again

George Ciccariello-Maher
Occupy Everything! Behind the Privatization of the UC, a Riot Squad of Police

Eric Walberg
Canada's Guantanamo

Andy Thayer
Lessons From a Lynching: the Murder of Jorge Steven Lopez-Mercado

David Macaray
The Delphi Incident: How the White-Collar Tribe Got Shafted

Laura Carlsen
The Perils of Plan Mexico

Gary Leupp
Obama as Hamlet

Adam Federman
Poisoning Dimock

William S. Lind Mission Creep: Counter-Insurgency in Salinas?

Website of the Day
Geography of the Recession

November 23, 2009

Paul Craig Roberts
A Trial That Will Convict Us All

Jonathan Cook
Have Israeli Spies Infiltrated International Aiports?

Edward S. Herman / David Peterson
Vulliamy's Smears

Bouthaina Shaaban
What's New? It's Always Been Like This

Helen Redmond
Health Care's Historic Flop

Rannie Amiri
Saudi Arabia's Attack on Yemen

Dave Lindorff
Abortion and Health Care

Rev. William E. Alberts
The Self-Delusionary American Tragedy

Mike Whitney
Is American Casino the Best Picture of the Year?

Mark Weisbrot
Honduran Dictatorship is a Threat to Democracy in the Hemisphere

David Michael Green
The Placeholder Presidency of Obama

November 20-22, 2009

Alexander Cockburn
CounterPunch Diary
It's Show Trial Time!

Gareth Porter
New Light on the Qom Facility

Mike Whitney
The Great Stimulus Debate of '09: Crybabies need not apply

Fred Gardner
Mammography
Pushes Back

James J. Brittain
It's Really a War on the Poor
A War on Coca Nobody Believes

Jonathan Cook
Rabbi Followers 'Terror Cell in Parliament'

Alan Farago
Bulletin from the Dark Side: Florida's Republican Ultras

David Macaray
A Hindu Version of the UAW
Labor Strife in India

Binoy Kampmark
The Israeli Exception: Gilo and East Jerusalem

Ben Sonnenberg
Ashes and Diamonds
Retirement Norwegian Style

Ron Jacobs
Judge Roy Bean Takes Manhattan

David Yearsley
200,000 Testicles Offered Up to the Gods of Song

Brenda Norrell
A Border Runs Through Them:
The Struggles of the Tohono O'odham

Ron Ridenour
The Tamils and Equal Rights of Self Determination

November 19, 2009

Christopher Ketcham
The Dumbest Newspapers at the Center of the World

Shamus Cooke
A Fraudulent Jobs Summit

John V. Walsh
Impotent in China

Saul Landau
Dissidents Make Noise--Oops, News

Ralph Nader
Exiting Afghanistan

Nikolas Kozloff
Blackout in Brazil

Fred Gardner
Reputable MDs Buy NorCal Health Care

Charles R. Larson
Voices of the Silenced

John A. Murphy
Nader v. Dodd

Jayne Lyn Stahl
Obama's Gray World

November 18, 2009

Uri Avnery
A Religious Scoundrel

John Ross
Hot Oil!

Conn Hallinan
Strategic Towns: Why Gen. McChrystal's Plan Will Fail

Mike Whitney
Obama's China Junket

Ray McGovern
The Bogus Success of the Surge

Nelson P. Valdés
Cyber Cuba: Internet, Broadband and Foreign Policy

Ramzy Baroud
Globalization Unchecked

Ron Ridenour
Tamil Eelam: the Historic Right to Nationhood

November 17, 2009

Mike Whitney
Let's Get Fiscal

Jayne Lyn Stahl
Double Crossed: War Vets Deported

Brian M. Downing
Do They Subscribe to GQ at the Pentagon?

Jonathan Cook
Israel's Two-Tiered Justice System

Joanne Mariner
A First Look at the Military Commisions Act

Dean Baker
Obama's Nuclear Option on the Yuan

Martha Rosenberg
Pig Hell at Wal-Mart Supplier

Danny Weil
Fear in Nicaragua

David Macaray
Retail Sales as Combat

Laura Flanders
Buried Bonanza for Over-Builders

Walter Brasch
Rush to Judgment on Terror Trials

November 16, 2009

Alan Nasser
Obama's Flawed Case Against Single Payer

Jonathan Cook
Campus Watch Copy Cats

Mark Weisbrot
Obama, China and the Dollar

Carol Miller
We Need Health Care, Not Insurance

Gary Leupp
The Andolan in Kathmandu and the Revolution to Follow

Harry Clark
Justice Goldstone at Brandeis

Ray McGovern
Shining a Light on the Roots of Terrorism

Norman Solomon
California Democrats Urge Obama to Leave Afghanistan

Ron Ridenour
Genocide in Sri Lanka

Norm Kent
Doctors Light Up

Brenda Norrell
Torture Resisters Arrested at Fort Huachuca

November 13-15, 2009

Alexander Cockburn
A Man in a Hundred

Patrick Cockburn
Meet Our Afghan Ally: Stealing Money, Selling Heroin and Raping Boys

Tariq Ali
Short Cuts in Afghanistan

Douglas Lummis
Obama, Hatoyama and Okinawa

Vijay Prashad
Can the Major Speak?

Carl Ginsburg
Cornering the Market on Ambition

Manuel García, Jr.
The Purpose is Pork

Rannie Amiri
The Disastrous Presidency of Mahmoud Abbas

Mary Lynn Cramer
Death By Denial: the Militarization of Mental Health

Fred Gardner
Pot Doc Down

Dave Lindorff
Health Care Reform: DOA

Robert Jensen
How I Stopped Hating Thanksgiving and Learned to be Afraid

David Macaray
Wal-Mart Death Stampede Revisited

Corporate Crime Reporter
Exposing Timberland: Nike Foe Jeff Ballinger Zeros in on a New Target

Ron Jacobs
No More Star Spangled Eyes

David Model
NATO's Chimerical Enemy in Afghanistan

John V. Walsh
Godless China: What Obama Will Find

Jon Mitchell
Beggars' Belief

Stuart Easterling
Blaming the Narcos in Mexico

Dan Bacher
Big Oil Takes Over Marine "Protection" in California

Franklin Lamb
Lebanese Students Advise Obama on How to Get It Right

Farzana Versey
Moderns, Models and Martyrs

Charles R. Larson
War, Peace and Paramilitaries in Colombia

Saul Landau
The Coen Bros. Brutalize Job

David Yearsley
When the Cirque Meets the Beatles

Lorenzo Wolff
At the Side of the Frontman

Poets' Basement
Blaine, Rivas and Cox

November 12, 2009

Robert Weissman
Maniacal Deregulation

Franklin Spinney
The Afghan War Question

Nadia Hijab
After Fort Hood

Afshin Rattansi
Night Vision: Why US Sanctions on Syria Will Kill American Soldiers

Paul Craig Roberts
America's Dismal Future

Ralph Nader
Failing the People on Health Care

Belén Fernández
Tourists of the Honduran Counter-Revolution

Allan J. Lichtman
A National Peacemaker's Day

Dave Lindorff
President Peacenik's War

Jayne Lyn Stahl
Headline of the Year

November 11, 2009

Andrew Cockburn
The Crafting of a Loophole

Mike Whitney
A Small "d" Depression

Rev. Jesse Jackson
Where's the Jobs Stimulus?

Jeff Nygaard
Iranian Irrationality? Maybe Not

Stewart J. Lawrence
Honduran Regime Reneges on Political Deal

James Ridgeway
The End of the Little Red Cars: Memories of East Berlin

Eamonn McCann
Blood on Their Hands

Michael Ortiz Hill
Unbecoming War and Terrorism

Shepherd Bliss
From Oklahoma City to Fort Hood

Walter Brasch
"This is Jenna Bush Reporting ... "

November 10, 2009

Ellen Cantarow
Heroism in a Vanishing Landscape

Dean Baker
How to Raise $140 Billion a Year From Wall Street Banks

Rose Ann DeMoro
The Truth About the House Health Care Bill

Ramzy Baroud
Inch by Inch, House by House: How Israel Won the Settlement Battle...Again

Peter Lee
The Dalai Lama Sticks His Thumb in the Dragon's Eye

Dave Lindorff
Blaming the Workers

Roberto Rodriguez
Running Past PTSD (Or My Susto Profundo)

Winslow T. Wheeler
The Self-Dismembering F-35

Alan Farago
The Rising Tide

Joseph Grosso
The Legacy of Albert Parsons

November 9, 2009

Patrick Cockburn
Leave Afghanistan to the Afghans

Linn Washington
Fox Finds a New Black Boogeyman

Carl Ginsburg
To be Young and Unemployed Forever

Jeff Leys
War Funding, 2010

John A. Murphy
Can Lieberman Save Single Payer? Why Progressives Should Back a Filibuster

John Halle
Bard and the Lobby: Final Thoughts on the Kovel Affair

Bouthaina Shaaban
Clinton Dances With Netanyahu

James Ridgeway
Heath Care: Winning a Battle, Losing the War

Dave Lindorff
The Kafka Economy

David Macaray
The Philadelphia Transit Strike

Stephen Fleischman
The Tea Party System

Website of the Day
Cap-and-Trade: The Huge Mistake

November 6-8, 2009

Alexander Cockburn
Too Fat to Fight

Mark Grueter
Inside the American University of Iraq

Paul Craig Roberts
The Evil Empire

Patrick Cockburn
Friendly Fire

Gareth Porter
Karzai's Cabinet of Warlords

Mike Whitney
The Battle of Seattle, 10 Years Later

James Bovard
How the Media Enables Government Lies

Dean Baker
Don't Touch the Banks!

Robert Lawless
Empires and the Sullying of Anthropology

Saul Landau
Afghanistan: a War Without Logic

Jayne Lyn Stahl
Black Ops and Fort Hood

Stephanie Westbrook
My Memories of Fort Hood

M. Shahid Alam
How Eurocentric Are You?

Marc Levy
Walking With Mr. Muhammad

Franklin Lamb
Obama's Mid-East Mess

Ron Jacobs
A New Map of Hell

David Ker Thomson
Afternoon With Tulip

John V. Whitbeck
Moment of Truth

Julien Mercille
Drugs and Afghanistan: the UN's Misleading Report

Rannie Amiri
Egypt's Next Unelected President?

John Ross
Legalize It!

David Michael Green
Can You Hear Us Now?

Carl Finamore
Strike One for Hotels in San Francisco

Farzana Versey
The Farce of Fatwas and Political Expediency

Missy Comley Beattie
No to Single Payer, Yes to Prayer?

Charles R. Larson
Business as Usual in India

David Yearsley
Anna Magdalena, Music and the Art of Dying

Kim Nicolini
"Paranormal Activity:" a DIY Horror Film

Poets' Basement
Three Poems by Devreaux Baker

November 5, 2009

Pam Martens
The Fire Sale of America

Vijay Prashad
The Great Heretic

Brian Gallagher
The Soldiers From Standard Oil: Harvard, ROTC and American Foreign Policy

Norman Solomon
The Next Phase in Health Care Apartheid

Nadia Hijab
The Battle for Palestinian Representation

Joseph Shansky
And the Winner in Honduras is ... the United States?

Andy Thayer
Questions and Answers From Maine

Tracy Rosenberg
Pacifica and the Barbarians Who Pay the Bills

Website of the Day
All Folked Up

November 4, 2009

Stan Cox
The Inflated Promise of Natural Gas

Andy Worthington From Gitmo to Palau: Who are the Uighurs?

Robert Weissman
The Medicare-for-All Moment

Susan Galleymore
Of Veterans and Volunteers

Ralph Nader
Hoh's Afghanistan Warning

Michael Leonardi
Italy's Secret Ships of Poison

Bitta Mistofi
Death to No One: Isolating and Taunting Iran Will Only Empower the Regime

Robert Bryce
From Lahore to Copenhagen

Martha Rosenberg
Is Your Doctor's Continuing Ed Funded by Drug Makers?

Dave Lindorff
Democrats Crash and Burn

Website of the Day
Single-Payer Backtrackers

November 3, 2009

Patrick Cockburn
The Delegitimization of Karzai

Mike Whitney
Why the Crisis Isn't Going Away

Franklin C. Spinney
Katrina and the Paralysis of Fear

Laura Carlsen
The Little Coup That Couldn't

Serge Halimi
Don't Blame the Internet

John Stanton
Social Decay in America

Sophia Weeks
A Guatemalan Lament

Dave Lindorff
Country Joe, Kenny Rogers and Obama

November 2, 2009

Steven Higgs
Autism Spikes, Toxins Suspected

Ishmael Reed
White in America: Behind the Scenes at CNN

David Macaray
UAW Members Vote Down Ford; and the Media Attacked the Union

Bouthaina Shaaban
Settler Colonialism: Return to the Middle Ages

David Michael Green
Coming to Get You

David Swanson
The Two Percent Robustness

Ellen Brown
Cutting Wall Street Out

Adam Federman
Trading the Watershed to Trash the Catskills

James McEnteer
Doppleganger Politics: Star Wars, Clone Wars

Stephen Fleischman
Foot in the Door: Capitalism and Health Care

Website of the Day
Secret California Park Giveaway

October 30 - Nov. 1, 2009

Alexander Cockburn
The Long Gaze of the State

Jeffrey St. Clair /
Joshua Frank
Facing Down the Machine: Mike Roselle Draws a Line

Carl Ginsburg
Living in the Shadow of Yankee Stadium

Mike Whitney
Obama Goes Wobbly Over More Stimulus

Joe Bageant
The Iron Cheer of Empire

Gareth Porter
Security By Warlords: the CIA's Afghan Payroll

Saul Landau
The Cuban Embargo

Anthony DiMaggio
Conspiracy, Inc.: Wild Tales From the Reactionary Right

Dave Lindorff
Happy Talk Amid the Wreckage: Stocks Up, Jobs Down

Rannie Amiri
The Spooks of Beirut

Niranjan Ramakrishnan
An Afghan Travelogue

Jayne Lyn Stahl
Who Will Reform the Health Care Reform?

Rev. William E. Alberts
God's Favorite Team (and Nation and Religion)

Alvaro Huerta
The Abominable Mr. Dobbs

Martha Rosenberg
Marketing Drugs to Psychoneurotics

Binoy Kampmark
Don't Give Us Your Wretched: Refugee Policy in OZ

Norm Kent
Not Just Zig-Zag Any More: Medical Marijuana Goes Mainstream

Charles R. Larson Roth's "The Humbling:" Nothing Like a Novel From an Old Pro

Ron Jacobs
One Man's Truth, Another Man's Lies

David Yearsley
Not Loud Enough by Half

Lorenzo Wolff
The Vulnerability of Lauryn Hill

Kim Nicolini
"Big Fan:" Football, Class and Sexuality in America

Poets' Basement
Davies, Heyen and Orloski

Website of the Weekend
Coal Country Music

October 29, 2009

Michael Neumann
Criticism of Israel: a Wonderful Hiding Place

Mike Whitney
Housing Rebound? Not So Fast

Gary Leupp
Matthew Hoh Speaks Truth to Power

Conn Hallinan
Roman Roads and Modern Emperors

Marshall Auerback
Obama's Bogus Populism: Pay Curbs and Bank Loans

Laura Flanders
Palin's Pet Doug Hoffman Has Taliban Ties

Eamonn McCann
The War Criminal Vote: Blair or Karadzic for EU President?

David Macaray
Strange Invaders: Can Ignorance and Arrogance Win Hearts and Minds?

Mark Weisbrot
When Small Countries Lead the Way

Stephen Soldz
Psychologist Complicity in Torture Challenged

Christopher Brauchli
Will the Pope Bring the Taliban Into His Flock?

Website of the Day
The USS Liberty Affair and the Problem of Truth in History

October 28, 2009

Moshe Adler
How to Reduce Unemployment, Rebuild the Middle Class and Free Ourselves From Wall Street

Dave Lindorff
America's Drug Crisis: Brought to You by the CIA

Frank Joseph Smecker
Agaisnt Prometheus: an Interview with Derrick Jensen on Science and Technology

Alexandra Early
What a "Jobless" Recovery Means for Young Workers

M. Shahid Alam
Israeli Exceptionalism

Vijay Prashad
Sahelian Blowback: What's Happening in Mali?

John Ross
Three Years Later, Brad Will is Still Dead

Franklin Lamb
A Rare Victory for Lebanon's Palestinians

Gregory Travis
The Dismal Science: Elinor Ostrom's Nobel

Susan Galleymore
Peace Cycle to Palestine

Website of the Day
Newspaper Decline, a Graphic Display

October 27, 2009

Mike Whitney
Black Tuesday and How We Got Out of It

Patrick Cockburn
Bombs Will Go Off in Baghdad, Whether the US is There or Not

Stewart J. Lawrence
Honduran Coup Myths Dispelled

Alan Farago
Power Plays in Florida: Rate Increases, Nukes and Deception

Ralph Nader
Obama: Form Letters and Business as Usual

Dave Lindorff
Pentagon Dirty Bombers: DU in America

Bouthaina Shaaban
The Danger of Towing the Line Behind Israel

Brian M. Downing Elections in Afghanistan, the Second Time Around

Iain Boal
How You Can Save Pacifica

Carl Finamore
Hotel Workers and the Law of Momentum

Jayne Lyn Stahl
Here Comes That Third Party: Palin and the Constitutionalists

Website of the Day
How Bank of America Charges for Perfect Credit

October 26, 2009

Bill Quigley /
Deborah Popowski
When Gitmo and Abu Ghraib Come Home

Paul Craig Roberts
Are You Ready for the Next Crisis?

Uri Avnery
A Tsunami Called Goldstone

Mike Whitney
Will the Dollar Remain the World's Reserve Currency in Five Years?

Michael Snedeker
The Execution of Cameron Willingham

Shamus Cooke
Obama's Dirty War on Immigrants

David Michael Green
Paranoia for Breakfast

Martha Rosenberg
Gagging Michael Pollan

Patrick Bond
Gridlock on the Way to Copenhagen

Binoy Kampmark
Heading for the Tiber

Website of the Day
Goldman Sachs Abandons Kittens

Weekend Edition
November 27 - 29, 2009

The Great Marginalization

Planning for Poverty?

By CARL GINSBURG

The word from New York City Mayor Michael Bloomberg at last week’s community meeting in the Bronx was disappointing, to say the least. After promising “good jobs” during a recent campaign, how could a man with so many billions, and now fresh from a re-election victory, oppose a $10-an-hour wage?  Did Hizzonor spend $200 per vote – in the neighborhood of $100 million all tolled – to win re-election, only to put forward a plan for poverty for his constituents? 

That’s exactly what he did when Bronx residents asked him to commit to the following: that businesses at a city-owned mall development promise to pay the prospective work force a minimum of $10 an hour, plus benefits.  Too much, crowed the vigilant mayor, ever fearful that business might be scared away by such an extravagant demand-- a poverty wage.

Ten dollars an hour gets you very little in the Bronx, or anywhere in the country, as many can attest.  Millions of Americans having been reduced to the status of working poor, or worse, competing for poverty wages in city after city. With the number of government jobs -- a traditional source of better pay, especially for minorities -- shrinking and the federal government banking on, well, banks to underpin a no-strings-attached market-driven recovery, a recovery that combines big pay-offs and low-wages, exploitation at the workplace is the order of the day.  The Raid on the Treasury goes on, unabated, and poverty is growing by leaps and bounds.  Adding jobs via tax credits, the liberal position, appears to be just another salvo in the longest Treasury raid in US history. 

Baby boomers need to confront the reality that receiving 100 per cent of their social security is becoming more and more remote.  Or, as the president might say, “Save more.”  Except the country can’t “save more” because business needs those consumers and their wages now.  There’s a bind.  

Still, you would think the mayor of America’s largest metropolis might have some notion of what it takes to get by, or is that simply irrelevant to gaining elective office in America today?  

Did the press simply forget to ask:  Are you concerned, sir, that during your first two terms the city’s poverty rate hovered unchanged at 20 percent?  Despite the fact that 2006 was the biggest year for profits in modern Wall Street history?  With 2009 close behind?  And homelessness sky high?  And where will those “good jobs” you promise be found?  That would be the same press that anointed Bloomberg mayor many months before Election Day in one of the worst excuses for election coverage since Dewey defeated Truman. 

The mayor barely eked out a majority, despite a compliant press, self-financed TV ads saturating the airwaves (including commercials with Bloomberg on camera touting “good job” promises) and a lackluster campaign by his Democratic challenger.  Not to mention nice words about Bloomberg from President Obama and Al Gore.

As for the benefits, like health care, these outlandish Bronxites dared ask their mayor to support last week, the mayor should know that a $10-an-hour wage earner qualifies for Medicaid now and under all versions of all health plans before Congress.  But Medicaid is already strained to the max.  How can a system with insufficient Medicaid resources today expect to add millions more Medicaid recipients tomorrow? 

These Bronxites are the same people who live in areas where health clinics and doctors are few today, and few they will remain, as the health insurers, pharmaceutical companies and high-end clinic systems re-tool their gouging, sated with “innovation costs”, “return on research” and “platinum premiums”, leaving little-to-no health care access for the working poor -- the impending newly-insured -- near the bottom rung of the most stratified, expensive and inequitable health care system in the industrial world… the latest in the American elite’s obsession with everything pyramid.

Mayor Mike and President Obama appear to be removed from the realities of the pervasive, deep poverty to which they, and the US Congress, are consigning a galloping number of American families.  Today, 35 percent of African American children are poor by official count.  In Bloomberg’s New York, upwards of 1.4 million residents now receive food assistance.  And there is really no relief in sight.

How to shake poverty?  Well, what about new technology and all its promise?  What about expanded broadband, beaming ubiquitous wifi, connecting us all?   Surely that’s a way around living poor?  The connection between the Web and anti-poverty is hard to establish, as students attending community colleges -- not just in the Bronx – can testify.  They are reportedly lining up by the hundreds, waiting hours, just to go on-line at campus libraries.  Could it be that as the $10-per-hour jobs go, so goes the laptop?  The unemployment rate for people under 25 is off the charts.   Again, no relief in sight.

One way to stay clear of poverty is to seek a career in real estate. A quarter of U.S. homes are underwater, that is, worth less than their mortgages, a sure sign that the upper estimate of impending foreclosures, 5 to 6 million in 2010, might well be achieved. In one of the most grossly irresponsible and disingenuous acts in US corporate history, the rescued banks have largely failed to apply the taxpayer money and credits we gave them to offset unfairly burdensome mortgages.  Injecting that aid would keep people in their homes, neighborhoods together, poverty at bay.  But it turns out that the lessons of moral hazard are for poor people to learn, not Wall Streeters. 

Worse, there’s money to be made in the unraveling of neighborhoods--- in the fields of law enforcement, asset seizure, the auction trade and more.  Maybe the evicted, the theory goes, will get opportunity as the money made in the process of their evictions and aftermath filters back through the community.  Shades of a NAFTA relocation re-employment strategy, the equivalent of an economic boomerang -- a disgraced theory put forward by Bill Clinton and Bob Rubin in the Great Scam of 1993. 

Whatever it takes.  These times call for creative solutions--- “pick yourself up” is the way Obama put it in his run up to the presidency.  Along those lines, why not get Medieval?  In far off Ghana there’s a gold rush under way, right now, with five times the gold uncovered this year compared to last.  With gold prices over $1,100 per ounce (some estimate it’ll top $2,500), anyone can join in one of the oldest of anti-poverty efforts known to man.

Gold mining would be a hard sell back at that Bronx community where moms, dads and teenagers came to ask their mayor – one of the richest individuals in the world -- for a pledge of $10 an hour.  Most know nothing about the part gold plays in the mayor’s mighty fortune.  

Mayor Bloomberg’s company, Bloomberg LLP, makes billions in profits providing information for the trading of commodities and precious metals, including gold.  The small black box his company rents out, by the many thousands and at a cost of up to $20,000 per month, is located on the desk of every commodities trader worth his weight in gold.  That box holds the magic key: to data, multitudes of it, reported by Bloomberg LLP minions every micro second.  It gives meaning to the words: Buy low, sell high.  Speculate.  Bet on demise. Go for the gold.

Let’s face it:  Planning for poverty is not what Barack Obama, Michael Bloomberg and the others do best.  Or is it?

Carl Ginsburg is a tv producer and journalist based in New York. He can be reached at carlginsburg@gmail.com   

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