home / subscribe / donate / books / archives / search / links / feedback / events / faq
Inside the New Print Edition of Our Subscriber-Only Newsletter!
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.
|
Today's Stories February 20 / 22, 2009 Paul Craig Roberts February 19, 2009 Norman Finkelstein Harry Browne Robert Bryce Brian M. Downing Fred Gardner Andy Worthington Wajahat Ali Laura Carlsen Deb Reich Christopher Ketcham Website of the Day February 18, 2009 Paul Craig Roberts Mike Whitney M. Shahid Alam Patrick Cockburn Conn Hallinan Dave Lindorff Rannie Amiri Gareth Porter Eric Hobsbawm Christopher Brauchli Martha Rosenberg Website of the Day 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 |
Weekend Edition From One Assault on the Constitution to AnotherBill of Rights Under FireBy PAUL CRAIG ROBERTS The US Constitution has few friends on the right or the left. During the first eight years of the 21st century, the Republicans mercilessly assaulted civil liberties. The brownshirt Bush regime ignored the protections provided by habeas corpus. They spied on American citizens without warrants. They violated the First Amendment. They elevated decisions of the president above US statutory law and international law. They claimed the power to withhold information from the people’s representatives in Congress, and they asserted, and behaved as if, they were unaccountable to the people, Congress, and the federal courts. The executive branch claimed the power to ignore congressional subpoenas. Republicans regarded Bush as a Stuart king unaccountable to law. The Bush brownshirt regime revealed itself as lawless, the worst criminal organization in American history. Now we have the Democrats, and the assault on civil liberty continues. President Obama doesn’t want to hold Bush accountable for his crimes and violations of the Constitution, because Obama wants to retain the powers that Bush asserted. Even the practice of kidnapping people and transporting them to foreign countries to be tortured has been retained by President Obama. The civil liberties that Bush stole from us are now in Obama’s pocket. Will it turn out that we enjoyed more liberty under Bush than we will under Obama? At least the Republicans left us the Second Amendment. The Obama Democrats are not going to return our other purloined civil liberties, and they are already attacking the Second Amendment. Rep. Bobby L. Rush (D, IL) has introduced the Blair Holt Firearm Licensing and Record of Sale Act of 2009. As the British and Australians learned, once firearms are registered, the government knows where they are. The government’s next step is to confiscate the firearms. Moreover, the Act would permit the government to negate Second Amendment rights by refusing to issue a license. Any parents who bequeathed family antique or historic firearms to heirs would be in violation of the act, as it bans any transfer of a firearm other than via a licensed dealer. William Blackstone, the revered 18th century defender of liberty whose Commentaries on the Laws of England was a bestseller in colonial America, wrote that “the last auxiliary right” of free men is “having arms for their defense.” Blackstone, England’s greatest jurist, said that the right to bear arms enables the “natural right of resistance and self-preservation, when the sanctions of society and laws are found insufficient to restrain the violence of oppression.” The Bush regime’s reversion to medieval methods of incarceration and torture are an indication that we now live in a time “when the sanctions of society and laws are found insufficient to restrain the violence of oppression.” Why do the Democrats desire Americans to be helpless in the face of oppression by the armed state. How can it be that Democrats want Americans to be free from the threat of being thrown into dungeons and locked away without a court ever hearing evidence, but are prepared to deny Americans the ability to resist such horrendous treatment should it come their way? In response to my question, one progressive acquaintance said that he wanted to reduce “gun violence.” As guns are inanimate objects, I assume he meant violence committed by people who use guns instead of knives, fists or some other weapon. “Gun violence” is not something committed by the vast majority of gun owners. “Gun violence” is the preserve of the criminal elements, such as gangs fighting over drug turf. Criminals are already prohibited from owning guns, but criminals pay no more attention to this law than they do to laws against robbery, rape, and murder. Why do Democrats think that disarming law-abiding citizens will disarm outlaws? For how many decades have drugs been banned? Does any Democrat think that the ban on drugs has succeeded? All the ban on drugs has done is to make the drug trade profitable. Now people fight over it. How can guns be successfully banned when the war on drugs is a failure? All a gun ban would do is to create a new criminal activity. England, in violation of its unwritten constitution, banned ownership of pistols and rifles. But now the police have to be heavily armed, because criminals are now armed, but not law-abiding citizens. When I lived in England, the police were not armed with firearms. I remember reading a few years after the passage of England’s gun ban that criminals were selling submachine guns on London street corners. The police discovered a warehouse in London filled to the brim with machine guns that were being sold to all comers. So much for gun bans. They only disarm the law abiding and leave them defenseless. Gun bans also greatly increase the crime rate. When households are armed, robbers prefer houses where no one is home. In England, criminals are no longer deterred from entering an occupied home. The more people at home the better. There might be someone to rape and someone to beat up. There is little to fear from a disarmed household. When I lived in the metro area of Washington DC, I resided on the Virginia side of the Potomac. There was no problem with owning a gun in Virginia, but in DC, until the recent Supreme Court ruling, the only way a person could have a firearm was to keep it disassembled and unloaded. The Washington “gun control” ordinance benefitted criminals. The crime rate in DC was much higher than across the river. Despite, or because of, the gun ban, DC was the murder capital of the US. Police seldom, if ever, prevent a crime. Their job is to appear after a crime is committed and to investigate with a view to identifying the perpetrator. A large number of careful studies show that private gun ownership prevents far more crimes than police ever solve. Criminals are routinely deterred, apprehended, and sometimes killed, by armed private citizens. In contrast, police, especially the notorious SWAT teams, accidentally kill more law abiding citizens than they do criminals. If anyone should be disarmed, it is the police. When police become militarized, as they increasingly are in the US, their attitude toward the public changes from protective to hostile. Militarized SWAT teams have established a record of showing up at the wrong address. In Maryland recently, a SWAT team mistook the mayor and his wife for drug dealers. A large number of armed men in black, and not identified as police, broke into the mayor’s home, killed the family’s Labrador dogs, and held the mayor and his wife spread eagled on the floor with loaded automatic weapons a few inches from their heads. Fortunately for the mayor and his wife, a local policeman happened by and informed the paramilitary unit that it was the mayor and his wife whom the SWAT team was terrorizing. Many progressives oppose gun ownership because they have sympathy for animals and oppose hunting. However, most gun owners are not hunters. Most members of gun clubs are content to shoot holes in paper targets or at clay pigeons. They enjoy hand-eye coordination, the study of ballistics, and reloading for antique rifles. An outing is really just a chance to get together, to talk about history and the load they are working up for their 1873 Winchester, and to enjoy each other’s company. There is a vast number of small businesses that exist because of gun ownership. Repairs, customizing, parts, sights, brass, bullets, primers, and powders for reloading, reloading equipment, targets, cleaning, refinishing, engraving, it goes on and on. What would happen to these hundreds of thousands of people, to the family businesses and to the skills accumulated, if Americans are deprived of their Second Amendment rights? We would have another million people deprived of livelihood and on the streets. Would they turn to crime? The progressive canard is that the Second Amendment, unlike the rest of the amendments to the Constitution, is not a constitutional right for citizens. Rather it is a right for a defunct organization known as the militia. Why in the world would the Founding Fathers, when laying out the rights of individuals, confound the point by sticking in among individual rights a right for a military organization? But so what if they did. Americans have had squatter’ rights to firearms since 1776. In 1992 when the Supreme Court revisited Roe v. Wade, the justices acknowledged that the legal argument behind the 1973 decision legitimizing abortion was flawed. However, the justices ruled that women had exercised abortion rights for 19 years, and the passage of time had given women squatters’ rights to abortions. Americans have exercised Second Amendment rights for 234 years. Regardless of the meaning of the Second Amendment, the right of adverse possession makes gun rights final. To assault such a well grounded right is an act of tyranny. Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He is the author of numerous books, including with Lawrence Stratton The Tyranny of Good Intentions, an account of how Americans have lost the protection of law. He can be reached at: PaulCraigRoberts@yahoo.com |
Now Available from CounterPunch Books! Waiting for
Lightning
|