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The Great Bailout Swindle
The brilliant economist Michael Hudson lays out the stupidity of Paulson’s bailout plan and the lead role in Congress of Democrats in the bankers’ plot. What happened? What should be done? Read Hudson. PLUS the complete text of Alexander Cockburn and Fred Gardner’s probe of the McCain health dossier. Find the answers in CounterPunch newsletter. 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 October 13, 2008 Michael Hudson October 10 / 12, 2008 Alexander Cockburn Jeffrey St. Clair / Douglas Valentine Noam Chomsky Ralph Nader Syed Saleem Shahzad Patrick Cockburn Paul Craig Roberts Mike Whitney Peter Morici Christopher Ketcham Stephen Martin Chellis Glendinning Saul Landau Ahmad Faruqui Adam Turl Serge Halimi Anthony DiMaggio John Ross José M. Tirado Paul Krassner David Macaray Robert Fantina David Yearsley Julian Clec'h Adam Engel Phyllis Pollack Missy Beattie Poets' Basement Website of the Day October 9, 2008 Robert Bryce David Vest Winslow T. Wheeler Andy Worthington Anthony DiMaggio Helga Serrano / Dave Lindorff Mats Svensson Rannie Amiri Website of the Day October 8, 2008 Alexander Cockburn Linn Washington, Jr. Mike Whitney Deepak Tripathi George C. Wilson Andy Worthington Charles R. Larson Patrick Irelan Matthew Koehler Stanley Heller Daniel Gross Kimberly Hartke Website of the Day October 7, 2008 Patrick Cockburn Gary Leupp Uri Avnery P. Sainath Peter Morici Conn Hallinan Martha Rosenberg Binoy Kampmark October 6, 2008 Paul Craig Roberts Mike Whitney Tariq Ali Emily Horowitz Michael Hudson Ron Jacobs October 3 - 5, 2008 Alexander Cockburn Paul Craig Roberts Saul Landau Jonathan Cook Andy Worthington Dave Marsh Sasan Fayazmanesh John Ross Brian Cloughley Wajahat Ali Robert Schwartz Alan Nasser David Ker Thomson Peter Morici William Blum William S. Lind Michael Donnelly Thom Rutledge Manuel Garcia, Jr. Dave Lindorff Cindy Ellen Hill Paul Krassner Daniel White Poets' Basement Website of the Weekend October 2, 2008 Paul Craig Roberts Joe Bageant Ralph Nader Mike Whitney Madis Senner Winslow T. Wheeler William Blum P. Sainath Website of the Day October 1 , 2008 Glen Ford Steven Conn Alan Maass / Lee Sustar Kenneth Couesbouc Stan Goff Adolfo Gilly Rannie Amiri Ismael Hossein-Zadeh Adam W. Parsons Dave Lindorff Douglas Valentine Adrien Rain Burke Website of the Day
September 30, 2008 Pam Martens Chris Floyd Stephen Martin Deepak Tripathi Mark Engler Jonathan Cook Dave Lindorff Manuel Garcia, Jr. Ahmad Faruqui John Chuckman David Macaray Fatemeh Keshavarz Website of the Day September 29, 2008 Mike Whitney Jeff Gibbs Paul Craig Roberts Peter Morici Tim Wise John Walsh Uri Avnery Alan Farago Andy Worthington David Michael Green Carl Finamore Iris Keltz Bill Hatch Website of the Day September 27 / 28, 2008 Alexander Cockburn Linn Washington, Jr. Christopher Ketcham Mike Whitney Kevin Alexander Gray Race in the Race: Is Obama Shining Us On? Anthony DiMaggio Mary Lynn Cramer Marc Levy / Stan Cox Saul Landau Ali Khan David Rosen Todd Alan Price Matts Svensson Ron Jacobs Robert Fantina Richard Rhames David Krieger Seth Sandronsky Charles R. Larson Kim Nicolini Poets' Basement Website of the Day September 26, 2008 Moshe Adler Bill Quigley Jonathan Cook Manuel Garcia, Jr. Madis Senner Brian Cloughley Niranjan Ramakrishnan Joanne Mariner Dan La Botz David Macaray Website of the Day September 25, 2008 Michael Hudson Sharon Smith Ralph Nader Christopher Ketcham Eric Toussaint Robert Weissman David Estabrook Nikolas Kozloff Steve Early Judith Scherr Laray Polk Website of the Day September 24, 2008 Paul Craig Roberts Nikolas Kozloff Robert Weissman Andy Worthington Steve Conn Karyn Strickler Diane Farsetta Dennis Loo John Halle Khalil Nakhleh Website of the Day September 23, 2008 Rev. Jesse Jackson, Sr. Michael Hudson Tariq Ali Patrick Dyer Franklin Lamb Joshua Frank Alan Farago Dave Lindorff Tanya M. Kerssen / Harvey Wasserman Website of the Day September 22, 2008 Michael Hudson Mike Whitney Christopher Ketcham Ron Jacobs Anne-Marie McManus Robert Weitzel Wajahat Ali John Ross Steve Breyman Patrick Bond Uri Avnery Carl J. Mayer Website of the Day September 20 / 21, 2008 Alexander Cockburn Michael Hudson Pam Martens Lila Rajiva Mike Whitney Richard Rhames Bill Moyers / Bill and Kathleen Christison Susan Block Robert Fantina Heidi Walters David Yearsley Raymond J. Lawrence David Rosen David Michael Green Anthony Papa Niranjan Ramakrishnan Howard Lisnoff John Goekler Missy Beattie Dave Zirin Charles R. Larson Tim Matson Susie Day Poets' Basement Website of the Weekend September 19, 2008 Steven T. Banko Mike Whitney Michael Hudson William Kaufman Brenda Norrell Keeanga-Yamatta Taylor Clifton Ross Dave Lindorff Cynthia McKinney Susan Hurlich Michael Donnelly Website of the Day September 18, 2008 Benjamin Dangl Harvey Wasserman Susan Abulhawa Robert Weissman Anne-Marie McManus Corey D. B. Walker William S. Lind Ron Jacobs Dave Lindorff Binoy Kampmark Website of the Day September 17, 2008 Stephen Conn Forrest Hylton Patrick Cockburn Gregory Elich Ralph Nader Franklin Lamb Pam Martens Dave Lindorff Peter Morici Stanley Heller Douglas Valentine Website of the Day September 16, 2008 Paul Craig Roberts Tiphaine Dickson Stan Goff Uri Avnery Michael Winship Jeff Halper Patrick Irelan Oscar Gonzalez Binoy Kampmark Fatemeh Keshavarz Sen. Russ Feingold Website of the Day September 15, 2008 Mike Whitney Peter Morici Patrick Cockburn Charles R. Larson Jonathan Cook Nikolas Kozloff Roger Burbach Helen Redmond David Michael Green David Macaray Ralph Nader Website of the Day
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October 13, 2008 Iraqis Stay in Exile; Too Terrified to ReturnPogrom Against Mosul's ChristiansBy PATRICK COCKBURN Baghdad. Thousands of Christians are fleeing the northern Iraqi city of Mosul to escape a murder campaign by Islamic extremists intent on wiping out one of the oldest Christian communities in the world. The Iraqi government was yesterday rushing 1,000 police to Mosul, a mostly Sunni Muslim city on the Tigris river 225 miles north of Baghdad , in an attempt to stop the killings which have already led to some 4,000 Christians taking flight in the last week said officials. “The violence is the fiercest campaign against the Christians since 2003, “said the provincial governor of Mosul Duraid Kashmula. “Among those killed over the last 11 days were a doctor, an engineer and a handicapped person.” At least three houses belonging to Christians were blown up in the Sukkar district of Mosul, regarded as bastion of al Qa’ida in Iraq, on Saturday night. Some 11 Christians have been killed since 28 September leading to the present exodus. Most of the refugees are moving to Christian villages, schools and monasteries in Nineveh province of which Mosul is the capital. “We left everything behind us. We took only out souls,” said Ni’ma Noail, a middle aged Christian civil servant, who has taken refuge with his three children in a room in a church in Bartila, a Christian village east of Mosul. He added, “Relatives in other cities and friends in Mosul, including Muslims, advised me to leave after recent events.” No Christians in the city feel safe any longer. Last week the owner of The Christian community on Mosul is one of the oldest in the world and claims to have been founded by St Thomas. Many belong to the Chaldean or Assyrian churches but, even before the present wave of killings, the number of Christians in the city had halved from 20,000 to 10,000 and this remnant is now disappearing. In March the Chaldean archbishop of Mosul, Paul Faraj Ranho, was kidnapped after celebrating mass and his body was later found in a shallow grave. The Iraqi prime minister Nouri al-Maliki said yesterday that he will do everything to guarantee the safety of Christians whose community in Iraq numbered some 800,000 five years ago and is now down to 250,000. “Two national police brigades were sent to Christian areas in Mosul and churches were surrounded and put under tight security,” said Interior Ministry spokesman Abdul-Karim Khalaf. The sectarian killings in Mosul are a setback to the Iraqi government’s effort to persuade the 4.2 million Iraqis who have fled their homes since the fall of Saddam Hussein that it is now safe to return. Of these, two million are refugees within Iraq and a further 2.2 million took refuge abroad, mostly in Syria and Jordan. So far only 20,000 families or 120,000 individuals have returned according to Abdul-Khaliq Zanqana, a member of the Iraqi parliament’s displacement and migration committee. Some Iraqis living abroad have been coming back this year after hearing Iraqi government and US claims of improved security and living conditions but often do not stay long. “My father came back from Syria where he has been living for three years,” said Sami Hamoud Khalas, a 39- year-old Sunni taxi driver from west Baghdad. “But he went back after a couple of weeks because of the lack of electricity, checkpoints everywhere and because it is still dangerous.” Security is better than it was in 2006-7 when 3,000 bodies, often mutilated by torture, were turning up every month. But it is still very poor compared to any other country in the world except Iraq. There are few mixed areas left in Baghdad. It is very dangerous for people to try to reclaim their house if it was in a Sunni area and they are Shia or vice versa. One Shia family which returned to their old Sunni neighbourhood in west Baghdad found it stripped of furniture, electrical plugs and even taps. “They decided to sleep on the roof of their house,”recalls Menas Mohammed Ibrahim, a secondary schooll teacher. “But in the night some Sunni came and cut off the husband’s head, threw it off the roof and told his wife and children, “this will happen to any more of you Shia who try to come back.” Returning Sunni and Shia often do not reclaim their old home but rent accommodation in a part of Baghdad where their community predominates. The capital remains wholly divided by concrete blast walls and checkpoints which increase security but paralyse ordinary activities. Iraqis are generally cynical about efforts by their government to persuade them that normal life is resuming. Most of the senior members of the government live in the heavily fortified Green Zone protected by US troops and with a permanent electricity supply and clean water, at a premium currently because of the cholera outbreak. “They say security is good but they hide behind their concrete barriers,” said Salman Mohammed Jumah, a 31-year-old primary school teacher. “They do not know what is happening on the ground. They only go out in their armoured convoys.” US blamed for killing of prominent Shia MP A powerful member of the Iraqi parliament that is loyal to the anti-American Shia cleric Muqtada al-Sadr was killed in a carefully planned assassination in Baghdad late last week. A bomb hidden in a hole in the road exploded as a convoy carrying Salehal-Auqaeili and other lawmakers went past an Iraqi army checkpoint near Sadr City. It is probable that the killing was carried out by the Badr Organisation, the armed wing of the other large Shia party, the Iraqi Supreme Council of Iraq, who are long-time rivals of the Sadrists. Mr Auqaeili was a senior member of the 30-member Sadrist bloc in the 275-member parliament. Competition between the political parties of the majority Shia community has become increasingly fierce in the lead-up to the provincial elections which are due to take place next year. The killing of Mr Auqaeli, a 37-year-old former professor, may well lead to retaliation by the Sadrists, who are still a powerful force, particularly in Sadr City, where the Mahdi Army militia was stood down by Mr Sadr this year. The bodies of several members of Badr have been found in the area in recent weeks. The Sadrists are also accusing the US of being behind the assassination because of their movement's opposition to the security pact between the US and Iraq. "The occupation forces sent us a message by staging this attack because of our stance against the agreement," said Ahmed al-Massoudi, a Sadrist spokesman. Two other people also died in the blast. Falah Hassan Shanshal, who was in the same convoy as the dead men, said the group had become suspicious that there was little traffic in the area, which is usually crowded. "We hold the security forces responsible for this attack," he said. "They should be responsible for the security of the city." The killing is part of a pattern of highly professional assassinations that have become common, replacing the mass slaughter of two years ago. There are also frequent attacks on the few Sunni and Shia returning to their old homes. Nine people who tried to do so in two towns south of Baghdad were killed yesterday, including a Sunni couple and their three children. Patrick Cockburn is the Ihe author of "Muqtada: Muqtada Al-Sadr, the Shia Revival, and the Struggle for Iraq.
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