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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 24, 2009 Paul Craig Roberts Uri Avnery Peter Morici Jonathan Cook 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 24, 2009 Reviving the WPA ProgramI was a Writer for the GovernmentBy JULIA STEIN In 1980 I got a job as a writer on an oral history unit of CETA (Comprehensive Education Training Act). The Federal government during the really bad recession in the 1970s established CETA, which was a revival of the WPA of the 1930s. Both the WPA and CETA gave jobs in a variety of fields and job training including jobs for writers, artists, and performers. In the 1930s WPA was the biggest employer in the United States. My oral history project was called American Profiles. We were housed in Van Nuys in the San Fernando Valley and were part of American Dance Theater, which was a folk dance group in CETA directed by Joyce Aimee. We were supposed to interview senior citizens who had lived a long time in Los Angeles about their lives to gather information about Los Angeles history from 1900-1980. I was told that one could have the job for eighteen months, and the previous writers had done oral histories of Los Angeles seniors downtown and Culver City but not the San Fernando Valley, so we were supposed to find people to interview in the Valley. Actually, this was a great job. At first we read histories of Los Angeles (though living in L.A. since I was a baby I didn't know Los Angeles had a history!). I read Carey McWilliams great history about the region "Southern California: An Island in the Sun." I read Robert Gottlieb's and Irene Wolt's "Thinking Big," a great history of the Los Angeles Times newspaper, which had dominated Los Angeles for nearly a 100 years. My whole view of my hometown was transformed! The only available histories of the San Fernando Valley were a couple short, superficial books, but I read those too. In one of these books I saw a photograph of the Neggens family; the caption said that the Neggens were one of the first families to farm in Northridge circa 1910. After Los Angeles city fathers brought the water into Los Angeles first through the San Fernando Valley, the owners of large parcels of Valley property broke down the property into smaller parcels and sold off family farms. In the Neggens photo was a father, mother, and bunch of little kids. I figured one of the little kids was about 6 in 1910 he would be 76 in 1980. I looked in the phone book for Northridge, found a Menton Neggens, called. Yes, he had been a child in the photo. I interviewed him about growing up in a family farm 1910-1930, and then learned about his long career in the LAPD in the Valley. I interviewed Abe Maymudes who had been an immigrant Jewish radical organizer in Boyle Heights in the 1930s-1940s and then a chicken farmer in Canoga Park in the 1950s. I interviewed Marion and Lucille Johnson whose grandparents, father, and uncle had homesteaded in the 1880s in the Big Tujunga canyon area of northeast Valley and who had grown up on a small farm in Big Tujunga canyon. I interviewed Robert Rowley, who father owned the first store in Sunland in the northeast Valley when Sunland was dirt farmers. I was the only one in my unit interviewing children of the farm families in the Valley. I was the only one I know about who interviewed these farmers in the Valley. By the 1940s developers were buying up the farmers, building suburban tract homes, and destroying all the farm life. I interviewed the last generation who remembered these small family farms which by 1980 had completely vanished. As we were doing our research, interviews, and editing, President Regan was elected and one of his first acts was to end the CETA program. We were told instead of eighteen months we had been promised we would only have the job for 6 months, and had a month or two to finish up our interviews. I had published parts of my Maymudes interview in the "Big Valley" magazine. We could have published more if our program wasn't ended. Our director and editor made plans for all the oral histories to be housed in California State College Northridge archives and also in the Sunland-Tujunga library. As far as I know they are still there. We were pressed to finish editing down our interviews and our project of three writers, one editor, and a photographer produced a 249 page volume titled "Valley Portraits: The Living Past" which has ll interviews detailing history of all areas of the San Fernando Valley. Our publication was Volume III of our oral histories. This job gave me a lasting fascination for history of Los Angeles. I kept on learning and read Los Angeles poetry and literature. I hiked through Los Angeles and learned the geology and botany of the area. When I begin teaching at Santa Monica College, I used my background in Southern Californian history to develop new English curriculum. I made out a list of 100 historical sites around Los Angeles and had my students research one site for a research paper as I was teaching the research paper. Some of my students did brilliant original research learning about buildings in their neighborhood for the first time. A couple years ago I was in the library and picked up a new history of San Fernando Valley, a much better history. Low and behold the author quoted my interview with Menton Neggens. I think it was important to interview the people we did and catch their history because they died. The original WPA writers interviewed elderly people who had been slaves, and you can still read these interviews in the Library of Congress. Later historians took these WPA interviews and published books on African-American history. We in Los Angeles also interviewed elderly people capturing their history and helping later historians understand the history of Southern California. Without these two programs an important part of the history of the American people would have been lost. The WPA Writers/Artists Program should be revived as it made invaluable contributions to American culture. Julia Stein lives in Los Angeles. She can be reached at: juliastein@sbcglobal.net
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