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Today's Stories

November 7, 2007

Paul Craig Roberts
Dollar's Fall Collapses the American Empire

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!

 

October 24, 2007

Natalie Washington-Weik
White Fantasies About Race-Based Intelligence

Andy Worthington
The Guantánamo Suicides

Michael Birmingham
What Happened in Nahr Al Bared?

Corporate Crime Reporter
The Nuclear Democrats

Tariq Ali
Bush's Cuba Detour

Farzana Versey
Imagining Serfdom in a Scarf

Dave Zirin
White Noise

James Murren
What "Support Our Troops" Means

Todd Chretien
Looking Reality in the Face

Martha Rosenberg
What Came First, the Chicken or the Cage?

Website of the Day
Hillary Clinton on Nuclear Power

 

October 23, 2007

Ralph Nader
Bush's Catastrophic Rhetoric

Lawrence R. Velvel
Goldsmith Stands Convicted--By His Own Mouth: How a Harvard Law Professor Justified Rendition at the Bush Justice Dept.

Vijay Prashad
The Nuke Deal is Dead

Bonnie Bricker /
Adil E. Shamoo

The True Cost of War for Oil

Dave Lindorff
Christopher Dodd's Make or Break Moment

Mike Whitney
The Big Squeeze

Farzana Versey
Race with the Devil

Stanley Heller /
Ben George

Something New from the Antiwar Movement

Marcelle Cendrars
You Too Can Confront the Holy Executive

Regan Boychuk
Burma and Haiti: Comparing the Media Response

Website of the Day
King Corn

 

October 22, 2007

Ishmael Reed
Should Blacks Go Green?

Marjorie Cohn
Mukasey and the Constitution: Another Loyal Bushie

Rannie Amiri
Is There a Method to Bush's Middle East Madness?

Diane Farsetta
Time to Pay for Payola: the FCC and Pundit-for-Hire Armstrong Williams

Todd Alan Price
Renewing No Child Left Behind: A Hurricane Katrina Aimed at Public Education

Robert Jensen
The Quagmire of Masculinity

Stephen Lendman
The UAW Leadership Sells Out Its Workers

Jemima Khan
The Kleptocrat in an Hermes Headscarf

Sunsara Taylor
David Horowitz Can't Handle the Truth

Binoy Kampmark
No Ideas, Please: the Australian Elections

Website of the Day
Support the Center for International Policy

 

 

October 20 / 21, 2007

Alexander Cockburn
The Man Who Builds Hillaryworld

Tariq Ali
A Massacre Foretold

Jeffrey St. Clair
Greetings from Echo Park

Andy Worthington
The Shame of Diego Garcia

Mike Whitney
Housing Flameout

Daniel Wolff
Play It As It Lays

David Rosen
Deviants on Parade: Folsom St. Fair and America's 4th Sexual Revolution

Saul Landau
David and Goliath in Iraq

Ron Jacobs
COINTELPRO and the Panthers

Robert Fantina
The Strange Love of Mitt Romney and Bob Jones

David Heleniak
Erring on the Side of Hidden Harm

Joe Allen
Hoffa Brown-Nosing at UPS

Prairie Miller
Lions for Lambs

Poets' Basement
Gibbons, Holt and Buknatski

Website of the Weekend
Crash!

 

October 19, 2007

John Ross
Che's Mexican Legacy

Sheldon Rampton
Shared Values Revisited: a Case Study in the Limits of Propaganda

Rahul Mahajan
A Tale of Two Atrocities: Blackwater and Haditha

Devra Davis
Deadly Secrets: Chemical Pollution and Cancer

Christopher Brauchli
Blasphemous Science

Wadner Pierre
Haiti After the Deluge

Bill Quigley
Jailed for Justice

Website of the Day
Textbook Sticker Shock

 

October 18, 2007

Saree Makdisi
Academic Freedom is at Risk

Meg Dwyer
What I Learned from 9/11: Who Wouldn't Want Us Dead?

Alevtina Rea
Sketches of Russian Life

Norman Solomon
The United States of Violence

Kristoffer Larsson
Something is Rotten in Sweden

Harvey Wasserman
Nukes are Back and So are We

Website of the Day
Eve Ensler: "A Filibuster Would Stop This War"

 

October 17, 2007

Steve Niva
Counter-Insurgency, American-Style

Andy Worthington
The Case of Mohamed Jawad

Alan Farago
The Credit Shock

Russell Mokhiber
The New Billionaire-Criminal Class

Sharon Smith
Democrats, AWOL When It Mattered

Mike Whitney
Time for the Banks to Face the Hangman

Robert Fantina
Iraq, Iran and the US: Business as Usual

Chris Irwin
Where Have All the Rednecks Gone?

Website of the Day
Sex Ed at Oral Roberts University

October 16, 2007

Peter Linebaugh
Doris Lessing and the Dynamite Prize

Paul Findley
Follow the Leader: The Open Secret About the Israel Lobby

Robert Bryce
Inconvenient Corrections: Al Gore's Wacky Facts

Uri Avnery
The Mother of All Pretexts

Paul Craig Roberts
The Iraqi Genocide

Ray McGovern
What Did Nancy Pelosi Know About NSA Spying and When Did She Know It?

Norman Solomon
The Pro-War Undertow of the Blackwater Scandal

Martha Rosenberg
The Curse of Cymbalta

William S. Lind
Out of the Frying Pan

Joel S. Hirschborn
Time to Boycott Voting

Website of the Day
Pipeline Through Paradise: Big Oil's Arctic Play

 

 

 

 

Subscribe Online

November 7, 2007

Supermodel Spurns the Dollar

Dollar's Fall Collapses the American Empire; Bring Those 737 Overseas Military Bases Home!

By PAUL CRAIG ROBERTS

The US dollar is still officially the world's reserve currency, but it cannot purchase the services of Brazilian super model Gisele Bundchen. Gisele required the $30 million she earned during the first half of this year to be paid in euros.

Gisele is not alone in her forecast of the dollar's fate. The First Post (UK) reports that Jim Rogers, a former partner of billionaire George Soros, is selling his home and all possessions in order to convert all his wealth into Chinese yuan.

Meanwhile, American economists continue to preach that offshoring is good for the US economy and that Bush's war spending is keeping the economy going. The practitioners of supply and demand have yet to figure out that the dollar's supply is sinking the dollar's price and along with it American power.

The macho super patriots who support the Bush regime still haven't caught on that US superpower status rests on the dollar being the reserve currency, not on a military unable to occupy Baghdad. If the dollar were not the world currency, the US would have to earn enough foreign currencies to pay for its 737 oversees bases, an impossibility considering America's $800 billion trade deficit.

When the dollar ceases to be the reserve currency, foreigners will cease to finance the US trade and budget deficits, and the American Empire along with its wars will disappear overnight. Perhaps Bush will be able to get a World Bank loan, or maybe one from the "Chavez bank," to bring the troops home from Iraq and Afghanistan.

Foreign leaders, observing that offshoring and war are accelerating America's relative economic decline, no longer treat the US with the deference to which Washington is accustomed. Ecuador's president, Rafael Correa, recently refused Washington's demand to renew the lease on the Manta air base in Ecuador. He told Washington that the US could have a base in Ecuador if Ecuador could have a military base in the US.

When Venezuelan president Hugo Chavez addressed the UN, he crossed himself as he stood at the podium. Referring to President Bush, Chavez said, "Yesterday the devil came here, and it smells of sulfur still today." Bush, said Chavez, was standing "right here, talking as if he owned the world."

In his state of the nation message last year, Russian president Vladimir Putin said that Bush's blathering about democracy was nothing but a cloak for the pursuit of American self-interests at the expense of other peoples. "We are aware what is going on in the world. Comrade wolf knows whom to eat, and he eats without listening, and he's clearly not going to listen to anyone." In May 2007, Putin criticized the neocon regime in Washington for "disrespect for human life" and "claims to global exclusiveness, just as it was in the time of the Third Reich."

Even America's British allies regard President Bush as a threat to world peace and the second most dangerous man alive. Bush is edged out in polls by Osama bin Laden, but is regarded as more dangerous than Iran's demonized president and North Korea's Kim Jong-il.

President Bush has achieved his dismal world standing despite spending $1.6 billion of hard-pressed Americans' tax money on public relations between 2003 and 2006.

Clearly, America's leader and America's currency are poorly regarded. Is there a solution?

Perhaps the answer lies in those 737 overseas bases. If those bases were brought home and shared among the 50 states, each state would gain 15 new military bases.
Imagine what this would mean: The end of the housing slump. A reduction in the trade deficit.

And the end of the war on terror.

Who would dare attack a country with 15 new military bases in every state in addition to the existing ones? Wherever a terrorist turned, he would find himself surrounded by soldiers.

All of the dollars currently spent abroad to support 737 overseas bases would be spent at home. Income for foreigners would become income for Americans, and the trade deficit would shrink.
The impact of the 737 military base payrolls on the US economy would end the housing crisis and bring back the 140,000 highly paid financial services jobs, the loss of which this year has cost the US $42 billion in consumer income. Foreclosures and bankruptcies would plummet.

If this isn't enough to turn the dollar around, President Bush's pledge not to appoint an Attorney General if Michael Mukasey is not confirmed offers more promise. If the Democrats will defeat Mukasey's nomination, there are other superfluous cabinet departments that can be closed down in addition to the US Department of Torture and Indefinite Detention.

The American empire is being unwound on the battlefields of Iraq and Afghanistan. The year is two months from being over, but already in 2007, despite the touted "surge," deaths of US soldiers are the highest of any year of the war.

The Taliban are the ones who are surging. They have taken control of a third district in Western Afghanistan. Turkey and the Kurds are on the verge of turning northern Iraq into a new war zone, another demonstration of American impotence.

Bush's wars have endangered America's puppet regimes. Bush's Pakistani puppet, Musharraf, is fighting for his life. By resorting to "emergency rule" and oppressive measures, Musharraf has intensified his opposition. When Musharraf falls, thanks to Bush, the Islamists will have nukes.

American generals used to say that the wars Bush started in the Middle East would take 10 years to win. On Oct. 31 General John Abizaid, former commander of US forces in the Middle East, put paid to that optimistic forecast. Speaking at Carnegie Mellon University, Gen. Abizaid said it would be 50 years before US troops can leave the Middle East.

There is no possibility of the US remaining in the Middle East for a half century. The dollar and US power are already on their last legs, unbeknownst to Democratic leaders Pelosi and Reid who are preparing yet another blank check for Bush's latest request for $200 billion in supplementary war funding.

There isn't any money with which to fund Bush's lost war. It will have to be borrowed from China.

The Romans brought on their own demise, but it took them centuries. Bush has finished America in a mere 7 years.

Even as Gisele throws off the dollar's hegemony, Brazil, Venezuela, Ecuador, Bolivia, Argentina, Uruguay, Paraguay, and Columbia are declaring independence of the IMF and World Bank, instruments of US financial hegemony, by creating their own development bank, thus bringing to an end US suzerainty over South America.

An empire that has lost its backyard is finished.

Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review. He is coauthor of The Tyranny of Good Intentions.He can be reached at: PaulCraigRoberts@yahoo.com





 

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