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How the Press Gave Madoff Four More Years to Steal His Billions
It’s one of the greatest and most shameful failures in the history of journalism. In the new edition of our newsletter Eamonn Fingleton traces how the Wall Street Journal was handed a precise outline of Madoff’s Ponzi scheme in 2005 and sat on it. The New York Times also passed on chances to nail Madoff. Thousands, poor as well as rich, lost their life savings in consequence. Read Fingleton on how the watchdogs of the Fourth Estate took good care to snooze in their kennels. ALSO in the new edition, Paul Craig Roberts concludes the shortest, sharpest outline of economics ever written with a brilliant essay on the economics of a full, green world. Get your new 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.
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Today's Stories February 18, 2009 Paul Craig Roberts February 17, 2009 Michael Hudson Mike Whitney Ralph Nader Joanne Mariner John Ross Belén Fernández Mats Svensson David Macaray Gregory Vickrey M. Junaid Levesque-Alam Michael Dickinson Website of the Day February 16, 2009 Patrick Cockburn Oscar Guardiola-Rivera Paul Craig Roberts Uri Avnery P. Sainath Dedrick Muhammad / Michael Brown Carla Blank Patrick Irelan Dan Bacher Fidel Castro Harvey Wasserman Website of the Day February 13 - 15, 2009 Alexander Cockburn Joshua Frank Mike Whitney George Ciccariello-Maher Nikolas Kozloff Brian M. Downing Paul Craig Roberts Christopher Ketcham Ron Jacobs Dave Lindorff Alan Maass Chuck Spinney Phil Gasper Stephen Lendman Charles Thomson Kathy Sanborn Saul Landau Len Wengraf Harvey Wasserman David Macaray Tom Stephens Seth Sandronsky David Yearsley Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend February 12, 2009 P. Sainath Jean Bricmont Michael Hudson Peter Lee Dave Lindorff February 11, 2009 Neve Gordon Peter Morici Andy Worthington Marjorie Cohn Fred Gardner Niranjan Ramakrishnan Zoe Blunt Belén Fernández Martha Rosenberg Website of the Day Blues of the Day
February 10, 2009 Kathy Kelly Nikolas Kozloff Uri Avnery Michael J. Berg Russell Mokhiber Joe Bageant Gareth Porter Dave Lindorff Rannie Amiri Harvey Wasserman Niranjan Ramakrishnan Website of the Day February 9, 2009 Vicente Navarro Paul Craig Roberts Julio Sanchez / National Lawyers Guild Jonathan Cook Alana Smith Binoy Kampmark Sam Bahour Nicole Colson Ron Jacobs Website of the Day February 6-8, 2009 Alexander Cockburn Ishmael Reed James Abourezk William Blum Patrick Cockburn Henry A. Giroux Manuel Garcia, Jr. Mouin Rabbani David Yearsley Saul Landau Jules Rabin Raymond J. Lawrence Janette Habel Dave Lindorff Missy Beattie Dale Gieringer John Ross Richard Rhames Bob Wing Robert Bryce David Macaray James L. Secor Jason Flom / Norm Kent Kim Nicolini Lorenzo Wolff Poets' Basement Website of the Weekend February 5, 2009 Michael Mandel Saul Landau / Ralph Nader Robert Bryce Russell Mokhiber Sameh Habeeb / Dave Lindorff Carmelo Ruiz-Marrero George Ochenski Website of the Day February 4, 2009 Arno J. Mayer Paul Craig Roberts Patrick Cockburn Jonathan Cook Fred Gardner Stan Cox Margaret Kimberley Lawrence Velvel Dave Lindorff Doug Giebel Serge Quadruppani Website of the Day February 3, 2009 David Price Bill Moyers Kirkpatrick Sale Conn Hallinan Peter Morici George Ciccariello-Maher Muhammad Idrees Ahmad Allan Nairn Norman Solomon David Macaray Website of the Day February 2, 2009 Uri Avnery Ralph Nader Gareth Porter Paul Craig Roberts Harvey Wasserman Rannie Amiri Cal Winslow Steve Early Alan Farago Diane Farsetta January 30 / February 1, 2009 Alexander Cockburn Michael Hudson Ismael Hossein-Zadeh Dave Lindorff Saul Landau Andy Worthington Subcomandante Marcos Robert Jensen Ron Jacobs Gareth Porter Allan Nairn Laura Carlsen Rev. William E. Alberts Christopher Brauchli Jules Rabin Col. Dan Smith Missy Beattie Tom Barry J. Michael Cole Manuel Garcia, Jr. Dan Bacher David Rosen Don Monkerud Binoy Kampmark Lorenzo Wolff David Yearsley Poets' Basement January 29, 2009 Peter Linebaugh Paul Craig Roberts Riz Khan M. Reza Pirbhai Wajahat Ali Gregory Vickrey Dina Jadallah-Taschler Alison Weir Alan Farago Walter Brasch Website of the Day
January 28, 2009 Norman Finkelstein Noam Chomsky Patrick Cockburn Rob Larson George Wuerthner Allan Nairn M. Junaid Stefan Simanowitz Charles R. Larson Website of the Day January 27, 2009 Winslow T. Wheeler Yigal Bronner / Joshua Frank Jordan Flaherty Ralph Nader Rev. José M. Tirado Benjamin Dangl Russell Mokhiber Martha Rosenberg C. G. Estabrook Website of the Day January 26, 2009 Paul Craig Roberts Deepak Tripathi Vijay Prashad Peter Lee Allan Nairn Uri Avnery John Sayen Dave Lindorff Lawrence R. Velvel David Macaray Roger Burbach Norman Solomon Website of the Day January 23 / 25, 2009 Alexander Cockburn P. Sainath Patrick Cockburn Saul Landau Sasan Fayazmanesh Alan Farago Christopher Brauchli Andy Worthington Ron Jacobs Lawrence Velvel Henry A. Giroux David Yearsley Raymond F. Gustavson Dave Lindorff Roberto Rodriguez Dina Jadallah-Taschler Fidel Castro J. Michael Cole Bob Fitrakis / Ramzy Baroud Mohammad Ali Shabani Richard Rhames Stephen Martin Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend January 22, 2009 Paul Craig Roberts Kathy Kelly Allan Nairn Lawrence Velvel Andy Worthington Peter Morici Joseph G. Davis Adriana Kojeve Benjamin Dangl Website of the Day January 21, 2009 Gabriel Kolko Harry Browne Michael Colby Lawrence R. Velvel Audrey Stewart Wajahat Ali Binoy Kampmark David Kεr Thomson John Ross Allan Nairn Sheldon Richman Website of the Day January 20, 2009 Chuck Spinney Kathy Kelly Raymond Deane Ralph Nader Audrey Stewart Jonathan Cook Harvey Wasserman Christopher Ketcham Robert Jensen Dave Lindorff David Macaray |
February 18, 2009 Across Time and ContinentsRemembering V. G. KiernanBy ERIC HOBSBAWM Victor Kiernan, who has died aged 95, was a man of unselfconscious charm and staggeringly wide range of learning. He was also one of the last survivors of the generation of British Marxist historians of the 1930s and 1940s. If this generation has been seen by the leading German scholar HU Wehler as the main factor behind "the global impact of English historiography since the 1960s", it was largely due to Victor's influence. He brought to the debates of the Communist party historians' group between 1946 and 1956 a persistent, if always courteous, determination to think out problems of class culture and tradition for himself, whatever the orthodox position. He continued to remain loyal to the flexible, open-minded Marxism of the group to which he had contributed so much. Most influential through his works on the imperialist era, he was also, almost certainly, the only historian who also translated 20th-century Urdu poets and wrote a book on the Latin poet Horace. The latter's works he, like the distinguished Polish Marxist historian Witold Kula, carried with him on his travels. Like several of his contemporaries among the Marxist historians, including Christopher Hill, Rodney Hilton and Edward Thompson, he came from a nonconformist background. In his case it was a lower-middle-class, actively congregationalist family in Ashton-on-Mersey, though in his time as a fellow of Trinity College, Cambridge, he used his Irish name as an excuse to justify a lack of zeal for the British monarchy. He came to Trinity College from Manchester grammar school in 1931 and remained there for the next seven years as an exceptionally brilliant undergraduate, research scholar and, from 1937, fellow. In 1934, the year of his graduation (double starred first in history), he joined the Communist party, in which he remained for the next 25 years. His first book, British Diplomacy in China 1880-1885 (1939) announced his consistent interest in the world outside Europe. Unlike his Trinity comrade John Cornford, about whom he wrote with remarkable perception, his public profile among Cambridge Communist party members of the 1930s was low. Only those with special interests were likely to meet him, a boyish face emerging in a dressing-gown from among mountain ranges of books on the attic floor of Trinity Great Court. This was because he soon took over the officially non-existent "colonial group" from the Canadian EH Norman, later a distinguished historian of Japan, diplomat and eventual victim of the McCarthyite witch-hunt in the US, and first of a succession of communist (and later ex-communist) historians who looked after the "colonials" - overwhelmingly from south Asia - until 1939. Marxism and the irresistible friendship of Indians moved Victor, in 1938, to use one year of his four-year Trinity fellowship to visit the subcontinent. This was nominally "to see the political scene at closer hand and with some schemes for historical study" and he also had a Comintern document for the Indian CP. He was to stay there until 1946, mainly as a teacher at a Sikh college and, somewhat unexpectedly, at that stronghold of the raj and its rajahs, Aitchison college, both in Lahore. He returned, "reading Thucydides on the Peloponnesian war" in his cabin, with a cargo of friendships, a permanent passion for the great (and progressive) Urdu poets Iqbal and Faiz whom he translated, but with no apparent trace in his subsequent life of a short-lived marriage to Shanta Gandhi, whom he had got to know in London in 1938. Few of his British friends were even aware of it, or expected to see this quintessential bachelor don with a wife, before his fortunate second marriage in 1984 to Heather Massey. He returned to Trinity, an unreconstructed, but always critical, communist with vast plans for a Marxist work on Shakespeare. His referee denounced his politics when he applied for posts at Oxford and Cambridge universities, but - such was Britain in 1948 - did not mind the charming subversive contaminating the history department at Edinburgh University. There he remained until retirement from a chair in 1977, to all appearances at ease with himself, though not, except for some science fiction, with the post-1945 cultural world. He returned from long bicycle rides across the Pentlands to a flat at the top of an austere staircase in the New Town, to write - not least the diary which he had kept since 1935 - and amaze students and admiring friends by his surprise that they did not know as much as he. He settled down in the 1950s to publish on everything: from Wordsworth to Faiz, evangelicalism to mercenaries and absolute monarchy, Indo-Central Asian problems, Paraguay and the "war of the Pacific" of Chile, Peru and Bolivia, not forgetting a full-scale study of the Spanish revolution of 1854. In the 1960s he discovered his unique gift of asking historical questions, and suggesting answers, by bringing and fitting together an unparalleled range of erudition, constantly extended by one of the great readers of our time. He became the master of the perfectly chosen quotation inserted into a demure but uncompromising survey of a global scene. Nobody else could have produced the remarkable works on the era of western empires he wrote after the middle 1960s, and by which he will be chiefly remembered, notably The Lords of Human Kind: Black Man, Yellow Man and White Man in an Age of Empire (1969). Age increased his output and the range of his writings. Co-editing A Dictionary of Marxist Thought (1984), he wrote entries on agnosticism, Christianity, empires in Marx's day, Hinduism, historiography, intellectuals, Paul Lafargue, nationalism, MN Roy, religion, revolution and war. Before the end of the 20th century he published books on State and Society in Europe 1550-1650 (1980), The Duel in European History (1989), Tobacco: A History (1991), Shakespeare Poet and Citizen (1992), Eight Tragedies of Shakespeare (1996) and Horace Poetics & Politics (1999) on his admired poet. To mark his 90th birthday, the future general secretary of the Communist party (Marxist) of India edited Across Time and Continents, a selection of Victor's writings and reminiscences of the subcontinent which had been closer to his heart than any other part of the 20th-century world. Eric Hobsbawm’s obituary on Keirnan ran in The Guardian, February 18.
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