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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 25, 2009 M. Shahid Alam February 24, 2009 Paul Craig Roberts Uri Avnery Peter Morici Jonathan Cook Paul Fitzgerald / Andy Worthington Brian Horejsi Julia Stein Norm Kent Rachel Smolker / Dennis Loo James McEnteer Website of the Day February 23, 2009 Michael Hudson Mike Roselle Patrick Cockburn Franklin Spinney Einar Már Guðmundsson Ralph Nader Jordan Flaherty Helen Redmond Dennis Loo Harvey Wasserman Terry Lodge Website of the Day February 20 / 22, 2009 Alexander Cockburn Michael Neumann / Ismael Hossein-zadeh Paul Craig Roberts Linn Washington Jr. Saul Landau Marjorie Cohn Binoy Kampmark Dave Lindorff David Yearsley David Macaray James McEnteer Rick Salutin Wayne Clark Richard Rhames Stephen Martin Mitu Sengupta Charles R. Larson Richard Morse Lorenzo Wolff Poets' Basement Website of the Weekend 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 |
February 25, 2009 Poised for ExpansionIsrael in 1948By M. SHAHID ALAM
In their first test of strength with the ‘natives’ in 1948, the Zionists had gained control of nearly four-fifths of Palestine, expelled most of the Palestinians from these territories, and repulsed the combined forces of five Arab proto-states. Yet, the Zionists were not about to rest on their laurels: their interests did not lie in making peace with the Arabs. The events of 1948 had demonstrated what they could achieve; with minor losses of their own, they had obliterated Palestinian society and handily beaten back the Arabs. This was a historic moment, a messianic moment, that would be seen by many as the fulfillment of ancient prophecies. This was no time to seek peace by making amends to a weak, defeated enemy. Their stunning military victory would only encourage the Zionists to aim for their maximalist goals, which now appeared attainable. The Zionists would augment their numbers, expand their territory, and strive to become the dominant power in the Middle East. * * * In 1948, the Jewish colonization of Palestine had only just begun. At this point, Israel contained some 650,000 Jews, who made up only four percent of the world’s Jewish population. If Israel aspired to house half the world’s Jewry, its population would have to expand more than ten-fold. Israel’s share of world Jewry would have to rise dramatically because this was an imperative of Zionist ideology, which promised that Israel would be a safe haven for the world’s Jews. It would be embarrassing for the Zionists if this Jewish ‘safe haven’ housed only a small fraction of the world’s Jews. In addition, Israel would be driven towards demographic expansion by two other objectives: the Zionist goal of territorial expansionism and the need to maintain a crushing military advantage over its neighbors. With only “seven hundred thousand Jews,” Ben-Gurion insisted, Israel “cannot be the climax of a vigil kept unbroken through the generations and down the patient centuries.” Even if Israel did not face any external threats to its security, “so empty a state would be little justified, for it would not change the destiny of Jewry, or fulfill our historic covenant.” As a result, soon after 1948 – indeed even before 1948 – the Zionists were working to bring millions of Jews into Israel. In the calculation of Zionists, a demographic expansion of this magnitude was not only desirable: it was also necessary and attainable. Zionist ambitions would carry Israel beyond the territories it had conquered in 1948. “Zionist mainstream thought,” writes Benny Morris “had always regarded a Jewish state from the Mediterranean to the Jordan River as its ultimate goal.” * * * At various times, Zionists had made more expansive territorial claims that included – besides Palestine – Jordan, Syria, Lebanon, and the Sinai. In October 1936, even while accepting the recommendations of the Peel Commission to partition Palestine, Ben-Gurion had explained, “We do not suggest that we announce now our final aim which is far reaching – even more so than the Revisionists who oppose Partition.” In another speech in 1938, Ben-Gurion revealed that his vision of a Jewish state included Cis-Jordan [the land between the Jordan River and the Mediterranean], southern Lebanon, southern Syria, today’s Jordan, and the Sinai. Ten years later, he spoke, grandiosely, of settling “the account with Egypt, Assyria and Chaldea on behalf of our ancestors.“ Again, in October 1956, at a secret meeting in Sèvres (France), attended by Israel, France and Britain, Ben-Gurion proposed a ‘fantastic’ plan – his own words – to change once again the map of the Middle East. Under this plan, Israel would occupy the Gaza Strip and Sinai, the West Bank (while Iraq would annex the East Bank of the Jordan), and southern Lebanon up to the Litani River (so that Lebanon could become a more compact Christian state). Little Israel's ambitions knew no bounds. * * * The Israelis could not be generous – if they were so inclined – because they knew that the Palestinians and neighboring Arabs would seek to reverse their gains. In 1948, at one fell swoop, the Zionists appear to have obliterated Palestinian society; but this was partly illusory. Unlike the white colonists in the United States, the Israelis had displaced the indigenous population, not exterminated them. Concentrated in territories that shared borders with Israel – in Egypt, Jordan and Lebanon – the Palestinians living in squalid refugee camps were not about to forget their dispossession. Over time, as they suffered the deep sting of their losses, as they gained the support of kindred Arabs and Muslims, as they organized, and as their numbers grew, they would resume their struggle against the Jewish colonists. Indeed, Israel would bring their resistance home in June 1967 by conquering the remaining Palestinian territories. In addition, over the long haul, even with renewed Jewish immigration into Israel, the Palestinian still inside Israel would pose a demographic challenge to the exclusively Jewish character of the Israeli state. * * * Israel would face resistance from neighboring Arab states too. The Arabs could not recognize the existence of a colonial-settler state in Palestine: not because the settlers were Jewish, but because they were invaders who had arrived on the backs of imperialist powers and taken their country from them. If the Arab proto-states capitulated – as they did all too quickly after the defeat of June 1967 – the peoples of the region would continue to oppose Israel. The Zionists understood this; they were well aware of the traumatic wounds they had inflicted on the Islamic and Arab psyche. If Israel was to survive, the Zionists could not allow this collective trauma to find political expression. The Israelis would do everything in their power to destroy the Arab nationalist movement before it gained strength; and they had little time to loose. Quickly, they would have to acquire massive military superiority over the Arab states, and demonstrate it decisively – as they did, in 1956 and 1967 – to force the dominant political classes in the Arab world to accept Israel on Israeli terms. In order to acquire this military power, and no less the ability to demonstrate it repeatedly – in violation of international laws – Israel would have to forge a ‘special relationship’ with the United States. * * * Israel's conflict with the Arabs is not a dispute over borders. Stripped of the legal chicanery supporting its creation, the Zionist project is a declaration of war by a powerful segment of Western Jews, with support from Western powers, against the Arabs. This is no ordinary war either. As a pure settler-colonialism, the Zionists had smashed Palestinian society and dramatically altered the demographic character of an important part of the Islamic heartlands. The impact of Israel would not be local because it was an affront and a challenge to the larger Islamicate world. In consequence, as the Palestinians, Arabs, and Muslims – in growing circles – would slowly mobilize to resist this colonial insertion, the Zionists would also galvanize Jews and Christian Zionists in the Western world, but especially in the United States. The Zionists would work tirelessly to convert a settler-colonial project into a civilizational conflict between the United States, leading the ‘Judeo-Christian’ West, and the Islamicate. Indeed, this was their strategy for sustaining for perpetuating their assault on the Palestinians and their hegemony over the Middle East. M. Shahid Alam is professor of economics at Northeastern University. He is author of Challenging the New Orientalism (2007). Send comments to alqalam02760@yahoo.com. Visit his website at: http://aslama.org.
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