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The New Print Edition of CounterPunch, Only for Our Newsletter Subscribers! ISRAEL'S IRON HEEL It began when Harry Truman was in the White House. It has continued under every U.S. President since, and in this extended report we lay out the consequences of 60 years of brutal Israeli occupation of Palestinian land. Feroze Sidhwa details the human price of systematic, intentional destruction of the Palestinian social and economic fabric: physical and mental deterioration, traumatized youth, a savaged environment. Nancy Glass and Reem Salahi describe the Kafka-esque conditions in which Palestinian lawyers try to defend their people in Israel's courts. 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 holiday presents. Order CounterPunch By Email for Only $35 a Year and Receive a Free Copy of "Imperial Crusades: a Diary of Three Wars" by Cockburn and St. Clair

Today's Stories December 1, 2007 Alexander Cockburn Emblems of the Bush Age: Adrift in a Sea of Booze Jeffrey St. Clair The Bear Minimum: the Grizzly and the Future of the Rocky Mountain West Roger Burbach The Battle in Bolivia Benjamin Dangl New Politics in Old Bolivia Brian M. Downing The Quiet on the Middle Eastern Front: How Much Credit Goes to the Surge? Sonja Karkar The "Never-Never" Peace Talks   November 30, 2007 Peter Stone Brown The Re-Packaging of Bob Dylan Wajahat Ali The Volatile Mistress: an Interview with Javed Jabbar, Pakistan's Former Minister of Information Allan Nairn Cold-Blooded Celebrity: Thomas L. Friedman and the Bali Bombers Alan Farago The Sorrows of Suburbia: Politics, Sprawl and the Housing Crash John Ross The Death of Latin America's First Revolution Corporate Crime Reporter America's Corporate Crime Capitals Lucia Alvarez Diego Gonzalez Argentina's Political Future James Rothenberg The Iraqi Miracle Website of the Day Bio-Bling?   November 29, 2007 R. F. Blader The Most Dangerous Kind of Bribe Ismael Hossein-Zadeh Distorting Fascism to Demonize Iran Stephen Soldz War on the Couch: Fear, Aggression and Empire Sheldon Richman Iraq 3.0 George Wuerthner Forest Fires, Lies and Chainsaws Felice Pace Did All Things Considered Self-Censor on Annapolis? Col. Dan Smith The Meaning of Annapolis Harvey Wasserman Terror Target Nukes Nikolas Kozloff Primetime Hate Debate: Lou Dobbs, Immigration and Campaign '08 Paul Krassner Huffington Post Bloggers Go On Strike! Dave Lindorff News Not Fit to Print: US Coup Planned for Venezuela? CP News Service The One State Declaration Website of the Day A Native View of Yellowstone Bison Slaughter November 28, 2007 James Petras CIA Destabilization Memo Surfaces on Venezuela Jeff Halper Annapolis: When the Roadmap is a One Way Street Pam Martens Crashing Citigroup Peter Morici Economy in Crisis: Avoiding a Recession Mohammed Khatib Separate and Unequal in Palestine Helen Redmond The Horror and the Hope: Health Care in America William S. Lind In the Fox's Lair: Quiet Before a New Iraq Storm? Ben Tripp We, the People: a Trope for All Seasons Liaquat Ali Khan Pakistan: First, Restore the Constitution and Reinstate the Judges Jeff Berg Holbrooke Says Bush Won't Attack Iran Website of the Day The Lies of Joe Klein   November 27, 2007 Joe DeRaymond On the Road to the Torture School Paul Craig Roberts Meet the Only Two Candidates Worse Than Bush and Cheney: Hillary and Rudy Marjorie Cohn Remembering Victor Rabinowitz Mike Whitney A Dollar the Size of a Postage Stamp Ron Jacobs The Myths of Military Progress Col. Dan Smith The Pentagon's "People System" Still Doesn't Work Ralph Nader Family Learning Karim Makdisi Annapolis and the Unholy Alliance: the View from Beirut Christopher Ketcham Memo to Hollywood Writers: Strike Until You Drop Ronan Bennett Martin Amis Does a Coulter Website of the Day Celebrating the Uncensored Media   November 26, 2007 Kathleen and Bill Christison Heading for Annapolis Paul Craig Roberts The End of All That David Macaray Enter Mediator Sameer Dossani Pakistan's Wounded Dictator Roger Burbach The Final Battle in Bolivia Mark Scaramella Guns and Greed in the Emerald Empire Brian McKinlay Howard's End Rick Kuhn The Fall of a Racist Union Buster Binoy Kampmark Ruddslide and Dull Alec Monica Benderman What Do You Know of War? Brenda Norrell Return to Alcatraz Website of the Day Ghostworld by DJ Spooky   November 24 / 25, 2007 Alexander Cockburn The Ordeal of Catherine Wilkerson, MD Robert Fisk Darkness Falls on the Middle East Saul Landau Norman Mailer will Not R.I.P. Jeffrey St. Clair Justice Stephen Breyer, Cancer Bonds and the Origins of Neoliberal Environmentalism Rannie Amiri Beirut's Black Friday Christopher Brauchli Iraq Embassy as Gilded Palace Daniel Gross The Gap and Black Friday Mike Whitney "A Generalized Meltdown of Financial Institutions" Marjorie Cohn Iran and the 2008 Elections David Rosen Senior Sex: the Real Sexual Life of Aging Americans David Michael Green If Conservatism is the Ideology of Freedom .... Kenneth Rexroth When Euripides Played the Hindu Kush: Greeks and Buddhists in Afghanistan Muhammad Iqbal Trans. Shahid Alam Ghazal Website of the Day Aerial Footage of Delta Fish Kill November 23, 2007 Gary Leupp Killing the Buddha in Pakistan's Swat Valley Laura Carlsen Coming to Terms with Diversity in Bolivia: an Interview with Alvaro Garcia, Bolivia's VP David Macaray Keeping Labor Unions Out Andy Worthington Former Guantánamo Detainee Seeks Asylum in Sweden Clifton Ross Trashing Chavez: Keith Olberman's Toxic Rant Seth Sandronsky Battling Sodexho Dan Bacher Death in the Delta: Thousands of Fish Stranded by Bureau of Reclamation William A. Cook The Myth of Middle East Peace Website of the Day Waiting for the Guards: Stress Techniques as Torture, a Short Film   November 22, 2007 Alan Farago Who Lost America's Everglades? Greg Moses A Thanksgiving Basting Dave Lindorff Impeachment is Back on the Table Mike Ely Native Blood: the Myth pf Thanksgiving Omar Azfar Gore for President of Pakistan?   November 21, 2007 Vijay Prashad Our Dictator, Their Democracy Martha Rosenberg Undercover at a Turkey Slaughtering Plant Manuel Garcia, Jr. Epiphany on the Glacier John Ross The Last Days of Mexican Corn Brian McKenna Cancer Terrorists Unmasked Stephen Soldz Isolation Torture Routine at Guatánamo Monica Benderman Needing Peace Ben Terrall Slavery in the Fields: The Real Price of Sugar Website of the Day Mercy for Animals   November 20, 2007 Oren Ben-Dor Why Israel Has No "Right to Exist" as a Jewish State Wajahat Ali An Interview with Norman Finkelstein Alan Farago The Dark Arts and the Bush Dynasty Marjorie Cohn Musharraf Plays Bush for a Fool Ralph Nader Green is Gold? Andy Worthington Guantánamo Whistleblower Launches a New Attack on Rigged Tribunals Sara Olson When Going AWOL is the Only Escape Dave Lindorff Likelihood of Iran Attack Gains Credence Paul Krassner The First Amendment, a Dialogue Website of the Day Joanne Mariner on Torture November 19, 2007 Winslow T. Wheeler Why Congress Won't Reform China Hand The U.S. Game Plan in Pakistan Allan Nairn Sitting Around Talking, in Indonesia Uri Avnery How to Get Out? David Macaray The Chalice that Poisoned the Labor Movements Dave Lindorff Democrats in Future Shock: They Could Lose It All in 2008! Bill Quigley Twenty Thousand Protest at Ft. Benning; Eleven Face Federal Criminal Trials Ron Jacobs Sitting on the Group W Bench: War, Thanksgiving and Arlo Guthrie Sunsara Taylor Legalized Rights for Fertilized Eggs? Binoy Kampmark Why Steve Irwin--You're Dead! Heather Gray Another Look at W.E.B. DuBois Website of the Day The Meat Market     November 17 / 18, 2007 P. Sainath Neoliberalism's Price Tag: 150,000 Farm Suicides in India David Rosen The Scarlet Hypocrites: Republicans, Christians and the Politics of Adultery Mike Whitney Pentagon Cover Up: 15,000 or More US Deaths in Iraq War? George Wuerthner Saving the Big Wild Brenda Norrell The Case of Jim Main, Jr: In Montana, Indians are Guilty Until Proven Innocent George Ciccariello-Maher Of Submarines and Loose Screws Karim Makdisi Lebanon is Hanging by a Thread Marie Trigona Wal-Mart in Argentina Valerio Volpi The Catholic Church, Incorporated Fred Gardner The Straight-Ahead Runner Robert Fantina The White House Press Office Mike Ferner Thank God for the Senate Republicans! Missy Comley Beattie The Radical Majority Kenneth Couesbouc Circles of Power Patrick O'Hayer A Portrait of Mailer and a Young Poet Poets' Basement Davies, Buknatski and Ford   November 16, 2007 Cockburn / St. Clair The Vices of Hillary Clinton: Secrecy, Intransigence and War Dave Zirin The Indictment of Barry Bonds: Busted by a Broken System Gary D. Barnett A Day in the Life of an Unwilling Federal Agent Alan Farago Sprawl, Mortgage Fraud and Political Corruption Dave Lindorff Two Brothers and Two Scandals Russell Mokhiber Pelosi and Me: "What Should be Done with Those Protesters?" Robert Ovetz Cargo Ships in Paradise: Shipping Lanes Threaten the Yosemite of the Sea Brenda Norrell "Today We Experienced America:" Arresting Indigenous People on the Border David Swanson Wolf Blitzer Loses Democratic Debate Peter Letheby Outside the Box on the Great Plains Website of the Day Why Activism Fails   November 15, 2007 Cockburn / St. Clair Hillary Clinton in Arkansas Adolfo Gilly The Spirit of Revolt Peter Bohmer 10 Days That Shook Olympia Andy Worthington The Trials of Omar Khadr: Gitmo's Child Soldier Gray / Derks Obama's Pitch to South Carolina's Black Churches Affronts Gay Groups Liaquat Ali Khan Liberating Pakistan Dave Lindorff Where's the Party? Christopher Brauchli Tipping Point: the Politics of Gossip Anthony Papa Racism as Law: Crack Cocaine Sentences Martha Rosenberg Merck's Big Write Off Ben Terrall Thank You, Ehren Watada Website of the Day On the Colorado: Drought, Climate Change and Water Supplies November 14, 2007 Cockburn / St. Clair The Making of Hillary Clinton James Petras Venezuela Between Ballots and Bullets Al Giordano Campaign 08: Don't Trust Anyone Over 50 Paul Craig Roberts The Lobby Andy Worthington Innocents and Foot Soldiers Stephen Lendman Torturing Palestinian Detainees Fatima Bhutto Aunt Benazir's False Promises: the Dismantling of Pakistani Democracy Martin Smith Norman Mailer and the "Good War" Jeff Leys Slip Sliding Away: House Votes on War Funding Website of the Day Why the Writers are Striking November 13, 2007 Alexander Cockburn Hillary's Big Problem and How Bill Can Fix It Jeffrey St. Clair Mailer and Us: the Writer as Fighter Robert Bryce The Pakistan Fuel Connection David Macaray The Teamsters and the Hollywood Strike Mike Whitney Bulletins from the Titanic Ralph Nader Pakistani Lawyers vs. American Lawyers Nikolas Kozloff Chavez Blasts the Spanish King Jordan Flaherty Education Versus Incarceration in Tallulah, Louisiana B. R. Gowani Dear Mrs. Bhutto Website of the Day Monty Python: "Fuck You, Very Much FCC"   November 12, 2007 Vicente Navarro Why Hillary's Health Care Plan Really Failed Ben Brown Letter from Ho Chi Minh City: a Tribute to My Vietnam Vet Father Omar K. A Pakistani Lawyer's Testimony: Life Under the Brutal Emergency Sadia Abbas The Roots of Pakistan's Political Crisis: Corrupt Elites and a Kleptocratic Military Farzana Versey Mailer's Miasma Richard W. Behan The Political Crimes of Complicity Paul Krassner Asshole of the Year: Congratulations Tim Russert! Cindy Sheehan Faith and War Peter Stone Brown The Return of Levon Helm Dave Lindorff Dennis, You are Not Alone Website of the Day Police Attack in Olympia   November 10 / 11, 2007 Alain Gresh Uncle Sam's New Backyard: How to Turn a Region into a Graveyard Mike Whitney For Whom the Closing Bell Tolls: the Last Dead Bull on Wall Street Ron Jacobs A View from the Pakistani Left: an Interview with Farooq Tariq Jeffrey St. Clair The First Dambuster: a Coyote Story Alan Farago Tangled Up in Blue: a Brief History of Florida Environmentalism Binoy Kampmark When Language Drowns: Torture in America Robert Fantina Legitimizing Torture Fred Gardner Psychological Torture in the Name of Family Values Ayesha Ijaz Khan The General in His Labyrinth Nicola Nasser NATO's Southward Drift Philip Rizk The Blame Game in Gaza Michael Dickinson Condom Nation: the Pope vs. Terry Higgins Joel S. Hirschhorn The Grand Delusion: a Conspiracy of Two Parties Paul Krassner Flunking Out of the Electoral College Wadner Pierre / Joe Emersberger The Ongoing War on Journalists in Haiti   November 9, 2007 Patrick Cockburn In the Kandil Mountains with the PKK Mohammed Hanif Musharraf and the Drunk Uncle John Ross Blackwater Goes to Mexico Mike Whitney Ron Paul, Big Media's Invisible Candidate Tom Barry In Latin America, the Hillary Clinton Policy is the Bush Policy Corporate Crime Reporter Is the AFL Trying to Derail Single Payer Health Care? Badruddin Khan Pakistan and the Israel Lobby David Macaray The WGA STrike: the Empire Strikes Back Martha Rosenberg The Blood Sport of Vice Presidents Website of the Day Stryker Blockade!   November 8, 2007 Kathleen & Bill Christison Meeting the Other in Israel and Palestine William Loren Katz Waterboarding in American History Mike Whitney The Long Fall: a Market Without Parachutes Sheldon Richman Why Woodstock May Have Saved John McCain's Life Liaquat Ali Khan Solidarity with Pakistan's Lawyers Marc Gardner The Victims of "Jessica's Law": Parolees Without Rights (or Homes) Jackie Corr The Big Fish from Whitefish: Montana, the Last Retreat of the Investment Banker? Brenda Norrell Between Bombs and Border Walls Dave Lindorff Ridiculing Impeachment at the New York Times China Hand Rewriting the History of the Sudan Calamity Sen. Russ Feingold FISA and America's Basic Freedoms: Let's Not Repeat the Mistakes of the Patriot Act Website of the Day The Welfare Poets Meet Hugo Chavez   November 7, 2007 Paul Craig Roberts Dollar's Fall Collapses the American Empire Russell Mokhiber Pelosi and Me: Can't the Democrats End the War By Not Bringing the Funding Bill to the Floor? Vijay Prashad The Apotheosis of Bobby Jindal Niranjan Ramakrishnan Educating Pakistan: What Mukasey Can Teach Musharraf Alan Farago To Bee or Not to Bee? The Politics of Colony Collapse David Macaray The Writers' Guild Strike: Is There an Ice-Breaker? Nikolas Kozloff The Case of the Slimy Senator: Chuck Schumer Greenlights Mukasey Charlotte Laws What We Learned from Stephen Colbert's Presidential Campaign Daniel White Zahid's Story William Cook The Politics of Servility: Congress and the Israel Lobby Website of the Day Safe Lawns   November 6, 2007 Mike Whitney Welcome to Year 27 of the Reagan Revolution Ralph Nader Who Determines the Price of Oil? Andy Worthington The Torture of Ali al-Marri Pam Martens Wall Street Metes Out Street Justice to Citigroup Liaquat Ali Khan Pakistan's Dark Future William Schroder The Return of Water Torture Stephen Lendman Punishing Gaza William Blum Cuba and Original Sin Former US Intelligence Officers A Memo on Torture, Intelligence and Mukasey   November 5, 2007 Alexander Cockburn How I Spent the Eighth Brumaire Russell Mokhiber Pelosi and Me: The Democrats and Single Payer David Macaray How to Turn Workers Against Each Other (and Make Them All Poorer) Gary Leupp General Musharaff's "State of Emergency" Dave Lindorff Those Minot Nukes Ludwig Watzal Israel's Dilemma in Palestine Patrick Cockburn Tensions Ease in Iraqi Kurdistan Peter Stone Brown John Fogerty Makes Peace with His Past Michael Simmons Yo! What Happened to Peace? Website of the Day Petition: In Defense of the Morton West HS Antiwar Students   November 3 / 4, 2007 Tariq Ali Pakistan Sinks Deeper into Night David Price Army's Price Salesman of Counterinsurgency Manual Seeks to Defend Stolen Scholarship Jeffrey St. Clair Splitsville Alan Farago The Housing Crash, Suburban Sprawl and the Crisis of the American Middle Class Paul Krassner He's Back! Don Imus Meets Michael Richards Rannie Amiri Why the U.S. is Safeguarding Iraq's War Criminals P. Sainath Indexing Humanity, Indian Style Ayesha Ijaza Khan Pakistan in a Daze Robert Fantina Is the Bush Administration Talking Itself Into a War With Iran? Seth Sandronsky The Politics of Health Care in California Ron Jacobs The Bebop of Baraka Ramzy Baroud A Case for Arab Dignity Heather Gray When Capitalists Get a Free Ride   November 2, 2007 Dr. Mary Pipher Acting on Conscience: Psychologists and Abusive Interrogations Saul Landau How Pete Stark Became a Pariah Andy Worthington Guantánamo as House Arrest Sharon Smith A Tale of Two Stadiums Gary Leupp Fascist Beatifications: the History and Politics of Sainthood Gregory Harms The Chorus of Slander on Palestine Christopher Brauchli Racism in High Places Peter Morici The Falling Dollar and the Stubborn Trade Deficit Dave Lindorff The Easy Way to Stop the Looming US Attack on Iran David Penner Zombie Nation Website of the Day Fall in Yosemite   November 1, 2007 Paul Craig Roberts The Wages of Hegemony Patrick Cockburn The Most Dangerous Dam in the World Dave Lindorff The Air Force Report on the Minot-Barksdale Nuclear Missile Flight Jonathan Feldman The Strange Political Economy of Death in the South Mike Ferner They Met the Resistance in Iraq William S. Lind A Question for Would-Be Presidents Diana Johnstone "Fascislamism" Versus "Shoah Business" Jacob Hornberger The War on Telephone Privacy A..K. Gupta The Apocalypse will be Televised Lyuba Zarsky / Kevin Gallagher The Enclave Economy of Mexico's Silicon Valley Felice Pace Does the SPLC Equate Anti-Zionism with Anti-Semitism? Website of the Day This One's for You, Ed Abbey   October 31, 2007 Bill Quigley New Orleans' Broken Criminal Justice System Rev. William E. Alberts A Trail of American Blood: From the White House to CBS News Ray McGovern Attacking Iran for Israel Eric Walberg Poisonous Espionage: Litvinenko and the New Cold War V. G. Smith The Second Death of Guy Môquet Luis J. Rodriguez "Social Cleansing" from Guatemala to LA Sheldon Richman Bush has Time to Run the World Walter Brasch A Real Halloween Scare Website of the Day Boogie Rocks! October 30, 2007 David Price Pilfered Scholarship Devastates Gen. Petraeus's Counterinsurgency Manual M. Shahid Alam The Pakistan Question Andy Worthington The Epiphany of Matthew Waxman: a Government Insider Turns Against Gitmo Patrick Cockburn The Bicycle Bomber of Baquba Anthony Papa The Twisted Logic of Drug Laws Floyd Rudmin What "All Options are on the Table" Really Means Sherwood Ross Giuliani and Torture Website of the Day The Worst Lobby? You Decide   October 29, 2007 Lisa Hajjar Inside Israel's Military Courts Joe DeRaymond The Politics of Lethal Injections Patrick Cockburn The High Stakes in Iraqi Kurdistan Isabella Kenfield / Roger Burbach Corporate Murder in Brazil Fred Gardner The Frivolous Investigation of Dr. Sterner Farzana Versey Caricaturing Islam Stephen Fleischman The Greening of the Oligarchy Marcelle Cendrars The Congressional Rip Cord Eamonn McCann Dan Keating, the Last of the Republican Irreconcilables Martha Rosenberg For Halloween, Ann Coulter Dresses as .... Ann Coulter! Website of the Day Campaign 2008   October 27 / 28, 2007 Alexander Cockburn So Much for Islamo-Fascism Awareness Jeffrey St. Clair The Dam That Isn't There James Bovard Breaking Down an Innocent Man: The FBI's Right to Threaten Torture Ralph Nader Beyond the Rule of Law M. Reza Pirbhai The Wahhabis are Coming, the Wahhabis are Coming! Robert Sandels Pay the Invaders! Cuba, Claims and Confiscations Jacob G. Hornberger Ruling By Decree Missy Beattie The Arsonists in the West Wing John Ross U.S. Eyes on Oaxaca Robert Fantina Condi Rice, the Imperial Cheerleader Ron Jacobs Labor at the Crossroads Ali Moayedian In Search of Logic About Iran David Michael Green What If We Had a President Who Didn't Give a Damn About Terrorism? Poets Basement Block, Davies and Ford Website of the Day Bring 'Em Home: a Music Video   October 26, 2007 Brian Cloughley Revenging Bloodshed Saul Landau Portrait of Rudy Ahmad Al-Akras Getting Justice in the HLF Case Franklin Lamb Does "Loving" Lebanon Mean Never Having to Say You're Sorry? Mike Whitney Murdoch's Cuckoo's Nest Dave Lindorff Home of the Brave? Reducing US Casualties By Killing More Civilians Alan Farago A Castro Behind Every Bush Yifat Susskind Conscripting Feminism into the War on Terror Website of the Day Dead Life in a Political Prison October 25, 2007 Jeffrey St. Clair / Joshua Frank Iraq's Environmental Crisis Manuel Garcia, Jr. Homes of the Crash Test Dummies Paul Craig Roberts The Fraudulent War on Terror Col. Dan Smith The Politics of Paranoia: Jane Harman's War on the First Amendment Alan Farago The Way to Paradise? Chris Kutalik The Lesson of the Chrysler Rebels Brian McKinlay John Howard and the Curse of Bush Cindy Sheehan Pete, Nancy, George and WW III Website of the Day Support the America's Program!         Subscribe Online

December 1, 2007 Logging for the Wealthy Of Forests and Finance By LANCE OLSEN In one of the most ironic twists of logging booms over the past couple decades, many people still believe that the end result was construction of homes to satisfy the needs and dreams of ordinary people. There's only one problem. The popular perception is wrong. The consequences of this mistaken perception are still not widely reported. But they're certainly no secret. By 1995, for example, Winton Pitcoff could write a penetrating analysis of America's housing crisis for March/April issue of Dollars & Sense. Pitcoff reported that, "Thirty years ago the nation boasted a surplus of housing affordable to low income people. Today there is a shortage of more than four million units." This loss was a matter of public record. By 1995, the U.S. Census Bureau's American Housing Survey would report a "43 percent decline over the last two decades in the number of low-rent units in the private housing market." At the same time, out in the forests, many species were seeing their own homes wrecked by reckless logging that fed a boom in building bigger, more energy-guzzling, and more un-affordable houses. This mutual decline continued under Democrats as well as Republicans. Pitcoff explained that the supply of affordable housing declined by 900,000 units just from 1996-1998 alone." The Clinton administration was in power then. Despite endless and widespread claims that forest conservation would interfere with meeting legitimate human need, wild species and ordinary people alike were going increasingly homeless, or scarcely managing to hang on. LOGGING FOR THE WEALTHY Meanwhile, Congress and successive administrations backed tax breaks that were subsidizing large and expensive homes for buyers in the top fifth of America's income distribution. Tax allowances under the Mortgage Interest Deduction let extravagant homebuyers deduct up to a million dollars (!) in costs of borrowing for homes, including vacation homes that may sit empty most of the year. These tax breaks, according to Dollars & Sense magazine, amounted to $82 billion in 1999 alone. This boon to the prosperous tapped forests while poor people were priced out of market after market. And the device near the heart of the matter is written into the American tax code as the Mortgage Interest Deduction. Cushing Dolbeare, founder of the National Low Income Housing Coalition, was cited in a Dollars & Sense interview saying, " If we were willing to spend as much on low and middle income housing as we do on the Mortgage Interest Deduction, we'd have more than enough to solve the housing crisis." A PROBLEM THAT WAS SUPPOSED TO BE SOLVED It's not that Congress had not passed law to offer housing for the nation's unrich. Indeed, the Federal Housing Administration was set up for that purpose. FHA even had an insurance fund to cover banks, losses if poorly paid borrowers couldn't meet their loan payments. However, in June, 1990, Associated Press business reporter John Cunniff disclosed that the program had been twisted to reward those who didn,t need it and deny loans to those who did. That twist, according to official records examined by Cunniff, was causing " incredible losses" for the program's insurance fund. It turned out that 100 percent of the government-insured loans intended for the needy were going to the well-off. And the bigger the loan, the more likely it was to end up in foreclosure. An expert Cunniff contacted for an explanation told him that, while the government might lose money on these bad loans, the brokers who set up financing made more money on the larger ones than they would on smaller loans needed for the nation's poor. UNECONOMIC BOOMS During booms, the Wall Street Journal would report in early 2000, homes get bigger. Like Americans, waistlines, the Journal observed, the new American home was getting much bigger, and more extravagant. While affordable housing was uncomfortably rare for the Americans who most needed it, the fortunate were demanding homes with "more bedrooms, more bathrooms, and more flourishes than ever before." Architects and even the builders of luxury homes were noticing the trend. An architect told the Journal that the trend was "appalling." He said that the bigger-is-better trend was about showing off to neighbors. In his opinion, people buying luxury homes were saying, "I can be a 1920s tycoon like anybody else." One homebuilder interviewed by the Wall Street Journal was quoted as saying," Does anybody need all this? No." Indeed, the Journal observed, " Need is hardly a consideration these days." It would be hard to find a forest conservationist who would disagree. Right now, the media hum with stories of Americans vulnerable to foreclosure on the energy-guzzling homes they could neither afford to buy or to heat. But another major problem may lie on our near horizon. If the nation ever does get around to building homes for people who really need them, the public forests no longer have the capacity they once had for meeting this need, thanks to lending/logging/construction booms that have already removed millions of acres of wild trees of every age. Any undercapacity of our forests in the face of new demand is an unrecognized cost -- or an opportunity cost, as economists might state it -- of the logging boom.   REFORMING THE FOREST SERVICE Right now, the media are all abuzz about need to reform America's financial system. Well, yes, there's plenty of reason to argue in favor of reckless lending. But homes are not built of money alone, and the needed reforms must extend to the forests too. Gifford Pinchot, the first Chief of the U.S. Forest Service, would likely agree. "The rightful use and purpose of our natural resources," Pinchot wrote in 1947, " is to make all the people strong and well, able and wise, well-clothed, well-housed, with equal opportunity for all and special privilege for none." Back then, America's political leadership was listening, and was responsive to ordinary needs and dreams. In 1949, America passed its Housing Act, which stated that it is the policy of the United States to provide " a decent home and suitable environment for every American family." That was then. Forests have kept falling so that buildings will go up, but luxury kept trumping ordinary needs and dreams all the way from wilderness to the city. And the nation's financial and forest systems are left in equal disrepair because of it. To date, though, the major media are all but clueless when it comes to connecting the dots that so clearly link reckless lending and reckless logging, and the proposed new regulations only cover half the crisis. Lance Olsen is Project Director of the Missoula, Montana-based Cold Mountain, Cold Rivers. This article is an adaption of an earlier one published by Progressive Populist, the Great Bear Foundation's Bear News, and the Southern Appalachian Biodiversity Project's Wild Mountain Times. It may be freely distributed for non-profit purposes if no changes are made in the text.. He can be reached at: lance@wildrockies.org Copyright (c) 2007 by Lance Olsen. All rights reserved by the author. Your Ad Here

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