|
Today's
Stories
May 24,
2007
Franklin Lamb
Who's
Behind the Fighting in North Lebanon
May 23,
2007
Patrick Cockburn
Opium:
Iraq's Newest Export
Rev. William
Alberts
Faith-Based Imperialism
Joe DeRaymond
Colombia's Civil War and the US
Sudhanva Deshpande
and Vijay Prashad
The Political Economy of a Crisis
Paul Craig Roberts
Republicans in Self-Destruct Mode
Glen Ford
A
Less "White" USA
Rannie Amiri
The Great Bank Heist of Tripoli
China Hand
China's Great Wall of Cash?
Zoe Blunt
Tales from the Tree Tops: Veteran Tree Sitter Tells All
Nivien Saleh
Who's to Blame for Iraq?
Website of the Day
Debating the Israel Lobby
May 22, 2007
Robert Fisk
A
Front Row Seat for the Bloodbath in Lebanon
Joshua Frank
Hillary Clinton's Achilles Heel?
Harvey Wasserman
Drop Dead, New Yorkers: Giuliani and the Toxic Fallout from 9/11
David Mos Masumoto
An Orchard Without Workers
Sonja Karkar
Israeli Forest Named After Australian Prime Minister
Conn Hallinan
The Afghan Quagmire
Dave Lindorff
A Widening Chasm on Impeachment
Jeffrey Kolakowski
Meet Us in Detroit: an Open Letter to John Konyers
Evelyn Pringle
A Misleading Suicide Warning
Jim Baumer
Politics Gary, Indiana-Style
Website of the Day
Should the Democrats Fear Mike Gravel?
May 21, 2007
Patrick Cockburn
The
Secret US Plot to Kill Sadr
Nicole Colson
Much Ado About the Fort Dix Pizza Plot
John Ross
Shooting for the Top: Mexico's Drug Gangs Take Aim at Calderon
Stephen Fleischman
Werewolf of Washington: Wolfowitz Comes Full Circle
M. Shahid Alam
Chosenness and Israeli Exceptionalism
Ron Jacobs
Green Mountain Days: Return to Vermont
Peter Rost, MD
Pfizer CFO Resigns
Alan Farago
Can the Everglades Save Florida?
Paul Buchheit
The Dark Side of Democracy Promotion
Website of
the Day
Code Monkey: Live!
May 19 /
20, 2007
Andrew Cockburn
Why
America Lost the War in Iraq
Uri Avnery
The Next War
Peter Gelderloos
My Arrest in Spain: The Easy Road from Tourism to Terrorism
Saul Landau
Bush's Accomplishments
Robert Fantina
Iraq's History: Lessons for the Present and the Future
Fred Gardner
Hemp vs. Pot, a False Dichotomy
Ralph Nader
Timid Democrats and the Antiwar Movement
Jean Daniels
Waiting for Obama
Reza Fiyouzat
Vietnam Syndrome: Dead or Alive?
Missy Beattie
Ron Paul, Rudy Giuliani and Osama's Fatwah
Robert Alvarez
Magical Thinking About Nuclear Waste
Sonja Karkar
The Palestinians of Iraq
Dave Lindorff
Mumia Case on Hold
Jeff Sher
Keep Workers Healthy and Reduce Health Care Cost: Eliminate Co-Pays
Julian C. Holmes
Torture, Maine Style
Clancy Sigal
Red Mutiny: 11 Fateful Days on the Battleship Potemkin
Prairie Miller
The Murder of Fred Hampton
James Murren
The Dog Ate Karl Rove's Homework: When Turd Blossom Met the Teachers
of the Year
Poets' Basement
Davies, Valentine and Engel
Website of
the Weekend
Yellowstone's Shame: Harassing Newborn Bison
May 18,
2007
Adam Jones
When
Does Genocide Purify? Ask the Pope
Sharon Smith
The Death of Triangulation Politics?
Christopher Brauchli
Cheney's Middle East Adventure
Peter Rost,
MD
Bribes and Spies in the Drug Industry
Denise Maloney Pictou
The Murder of Our Mother, Anna Mae Pictou Aquash: After 31 Years,
It is Time for Justice
David Swanson
Of Snoops and Dupes
Ali Khan
The Lawyers' Mutiny in Pakistan
Susan Rosenthal,
M.D.
Cho Seung-Hui Delivers His Message
Samer Assad
Israel and the Refugees: Fifty-Nine Years of Dispossession
CP News Service
Bidding for Extinction: Ivory Trade on eBay Threatens Survival
of Elephants
Website of the Day
Another War Criminal Goes to Harvard
May 17,
2007
Tariq Ali
The
General vs. the Judge
Yifat Susskind
Honor
Killings in the New Iraq: The Murder of Du'a Aswad
Dave Zirin
Being Ali or Being Owned: an Open Letter to LeBron James
Brian J. Foley
Hell, No, Harry Won't Go!
W. John Green
The Godfather of Colombia: Uribe and the Para Scandal
Eric Johnson-DeBaufre
Challenges for the New Sanctuary Movement
Badruddin Khan
Rebirthing the Neocons: Bernard Lewis' Latest Call to Arms
Martha Rosenberg
From Cockfighting to Foie Gras: On the Menu and on the Docket
China Hand
Pope Rat in Brazil: "The Amazon Tribes Longed for Christianity!"
Dan Vojir
Falwell's Tinky Winky Legacy: Who Will Battle the Telebubby Threat
Now?
Website of the Day
Welcome to the Terrordome
May 16, 2007
Patrick Cockburn
Chalabi
Speaks
Ashley Dawson
Who's Afraid of Wolfowitz?
Joshua Frank
Obama's Cash Flow: Maverick or Kidder?
Corporate Crime
Reporter
Corporate Drug Pushers
Ray McGovern
A Four-Letter Word for Tenet
Glen Ford
Black Labor and the Big Mission
Joe Bageant
The Ghosts of Timothy Leary and Hunter S. Thompson
Sonja Karkar
The 59-Year Catastrophe
Mickey S. Huff
Preaching Hate: Farewell, Falwell
John Chuckman
Falwell's Lone Act of Kindness
Kaz Dziamka
What Ever Happened to Rogerian Argument?
Website of
the Day
We're All Going to Hell
May 15,
2007
Michael Neumann
Two
States, One State and Snake Oil
Patrick Cockburn
An American Nightmare
Ashley Smith
How the US Set Iraq on Fire
Marc Gardner
Parole and the Long-Distance Trucker
Dave Lindorff
and Linn Washington, Jr
Mumia Case Reaches Its Climax
Ben Terrall
Benchmark as Theft: Iraq Oil Workers Strike to Stop Privatization
Ron Jacobs
Cheney Threatens More War
Harvey Wasserman
The Legacy of Seabrook
Marcus Mabry
Shopping During Katrina
Dr. Susan Block
Cheney and the DC Madam's Cookie Jar
Website of the Day
Save Jean Klock Park from the Mega-Developers!
May 14,
2007
Jennifer Roesch
Giuliani
Time: the Mussolini of Manhattan
Jeffrey St.
Clair
Humans,
CO2 and Climate Change
George Bisharat
For Palestinians, Memory Matters
Diane Wachtell
The Real Imus Lesson
Ramzy Baroud
From Palestine to Rotterdam
Rosemary and
Walter Brasch
When the National Guard Goes Missing: An Ill Wind and American
Policy
Nafeez Mosaddeq Ahmed
Blair's Exit
Roberto Rodriguez
The Elusive Bars of Justice
Jonathan Culp
Cutting Out Collage: Copyright and Art in Canada
Website of
the Day
Uranium Rock
May 12 /
13, 2007
Alexander Cockburn
Who
are the Merchants of Fear?
Patrick Cockburn
State of Surge
Jeffrey St. Clair
High Line Fever: a Trip Across the Dark Side of Montana
Diane Farsetta
Untold Stories from the Pat Tillman / Jessica Lynch Hearings
Ralph Nader
Strip Mining the Newsroom: Mr. Zell and the Tribune Company
Jean Bricmont
The Great Illusion: Sarkozy and the "Decline" of France
Marcus Breen
Cheering Sarkozy: the US Media and the Rightwing Takeover of
France
Joe Bageant
Rising Above Politics
Conn Hallinan
European Missiles and the Camel's Nose
Fred Gardner
The Unreported I-880 Fire
Juan Santos
and Leslie Radford
Public Terror: Escalating the War on Migrants
Eve Bachrach
Inside Colombia's Flower Industry
Missy Comley
Beattie
Shame
Ron Jacobs
The Bitterness of Regis Debray
Niranjan Ramakrishnan
The Sepoy Mutiny After 150 Years
Susie Day
Jesus Christ Weds Pat Robertson
Poets' Basement
Newberry, Engel, Landau, Katz and Davies
Website of the Weekend
The Shipyard: Recycling as Art
May 11,
2007
Patrick Cockburn
Blair's
Depature: the View from Baghdad
Kathleen Christison
Playing at Peace
Mike Ferner
Collateral Genocide
John Holt
Gating Montana: A Ghastly Disneyland with High Rise Outhouses
Laurie Hasbrook
This Minute and Then the Next: a Plea from an Antiwar Mother
Christopher
Brauchli
The Children of Limbo: Will the Pope Finally Set Them Free?
Margaret Kimberley
GOP Openly Embraces Gipper Values: Racism, Violence and Control
Dave Lindorff
Use It or Lose It: The Democrats and the Impeachment Clause
Nicole Colson
Anger Erupts at Conditions in For-Profit Indiana Prison
John V. Walsh
Beware the Do-Gooders in Body Armor
Website of the Day
Take the Terrorist Quiz!
May 10,
2007
Tariq Ali
Adieu,
Blair, Adieu
Patrick Cockburn
Killing of Teachers Turns Iraqi Sunnis Against al--Qa'ida
Neve Gordon
and Yigal Bronner
In Israel Not All Blood is the Same: The Death of Samir Dari
Marjorie Cohn
Fighting Terror Selectively: Washington and Posada Carriles
David Rosen
The New Disappeared: Sex Offenders, Civil Confinement and the
Resurrection of "Evil"
Alan Farago
Why the Everglades Have Dried Up: Developers and the South Florida
Drought
John Hellman
France: From Pétain to Sarkozy
Kathy Rentenbach
A 100 Days of Rafael Correa
BANCO
The Stage is Set for Sentencing Another Innocent Black Man
Richard Rhames
Is Paris Burning?
Website of the Day
Tame the Corporation
May 9, 2007
Jeff Leys
Iraq
and Afghanistan Supplemental Spending, 2008
Patrick Cockburn
An Interview with Iraq's Foreign Minister on Iran and Iraq
Glen Ford
No Black Plan for America's Cities
Paula Rothenberg
Feminism Then and Now
Kathryn Weber
A Conversation with Norman Finkelstein
John Chuckman
The Likely Historical Significance of the War in Iraq
Jordan Flaherty
Looking for Justice in Jena, Louisiana
Dave Lindorff
Pelosi's Toothless Threat to Sue Bush
Stephen Lendman
Criminalizing Speech: the War on Free Expression in a Post-9/11
World
Website of
the Day
"Fifth and Market": a Short Film About the Iraq War
May 8, 2007
Dave Lindorff
The
Great Oil Robbery
Patrick Cockburn
The Horrific Stoning Death of a Yazidi Girl Sparks Waves of Revenge
Killings
Corporate Crime Reporter
Snuff Politics: Democrats Escalate Attack on Single Payer
Ralph Nader
The People's Crusade of Mike Gravel
Malini Johar Schueller
Decoding Harlan Ullman: Shock and Awe as Sexual Fantasy
Juan Santos
The Hate Equation: Targeting Migrant Children in LA
Dave Zirin
Jason Whitlock, the Clarence Thomas of Sportswriters?
Joshua Frank
The Price of Fire in Latin America
Evelyn Pringle
Serotonin Syndrome
Eamonn McCann
Irish Peace Dividend for Discredited Premiers
Website of the Day
The Pagan Science Monitor
May 7, 2007
Patrick Cockburn
The
Great Wall of Baghdad Rises
Monica Benderman
Land of Opportunity
Greg Moses
Hutto Prison Rebuffs UN Rapporteur
Rannie Amiri
The Sham at Sheikh: Iraq Regional Conference a Flop
Fitrakis / Wasserman
Media Silence on Kent State Revelations
Fred Wilhelms
Another Royalty Forfeiture From SoundExchange: And This Time
It's Secret!
Ramzy Baroud
The Hourglass of Blood: Darfur Revisited
Bruce K. Gagnon
The Democrats Don't Own the Antiwar Movement
T. W. Croft
Home Movies from a Weekend in Paris--And Related Dreamscapes
Sonja Karkar
Prizes for Supporting Israel?
Website of the Day
Posada Carriles: the Declassified Record
May 5 / 6, 2007
Alexander Cockburn
Trying
to Catch Up with the Voters
William Blum
How America Has Changed Iraq
Uri Avnery
Exercise in Escapism
Franklin Lamb
Harvard's Twisted Report on Israel's Invasion of Lebanon
Fred Gardner
Elective Surgeries Kill
Lawrence R.
Velvel
The American Moral Meltdown Accelerates
Missy Beattie
Lying and Dying: The Moral Sensibility
of Military Recruiters
Robert Fantina
Bush's Veto: Hypocritical Words and Actions
Carla Blank
American Massacres and the Media
Linn Washington,
Jr.
The Long Ordeal of Harold Wilson
Stephen F. Jackson
Taking It to Drummond: Paramilitaries and Mining Companies in
Colombia
P. Sainath
The Jailing of Indian Farmers
Anthony Papa
Time to End New York's War on Itself
James T. Phillips
Blather Cancer
John Ross
Last Days of the Willie Loman of the EZLN
Stephen Lendman
Chavez's Oil Policy Sparks Panic at Wall Street Journal
Ben Terrall
Iggy Pop at 60
CounterPunch
Newswire
Advice from a Geezer Assassin
Poets' Basement
Valentine, Engel and Davies
Website of
the Weekend
Mountain Justice Summer
May 4, 2007
Patrick Cockburn
How
the Surge is Failing
Col. Dan Smith
From Watergate to Gonzogate
Norman Solomon
FOX on Wall Street
Azmi Bishara
Why is Israel After Me?
Ron Jacobs
Sitting in on Senator Kohl and the War
Dave Lindorff
Clinton and Byrd are Calling for Revocation of the Wrong AUMF
Kevin Zeese
The Democrats Cave to Bush
Bob Fitrakis
Why Four Died in Ohio: Kent State, Gov. Rhodes and the FBI
Janet Kauffman
"Stop the Mudness!" Bare Earth is Scorched Earth
Website of
the Day
Let Us Gather in Missouri!
May 3, 2007
Jeff Halper
The
Livni-Rice Plan for the Middle East: a Just Peace or Apartheid?
Christopher
Brauchli
Bush's
Best and Brightest: From Dr. Keroack to Bernard Kerik
Dave Zirin
Talking Sports from Death Row: an Interview with Kevin Cooper
Corporate Crime
Reporter
Big Pharma Gets Its Hooks into Seton Hall Law School
Robert Fisk
Olmert Comes Undone
Mike Ferner
Bush Veto, Right for the Wrong Reasons?
Mike Whitney
A Stock Market Post-Mortem
Pham Binh
The Democrats and War Funding
Dave Lindorff
Kucinich's Impeachment Train: Look Who Just Stepped Aboard
Michael A.
Johnson
Tenet on 60 Minutes
Website of the Day
Olivia Wilde: the Interview
May 2, 2007
Saul Landau
Would
Jesus Wear a Rolex on His TV Show?
Dr. Susan Block
Hookergate II: Madame Julia's Big Black Book of Cheesy Republican
Sex Acts
Carla Blank
Historical Amnesia: Worst U.S. Massacre?
Margaret Kimberly
The Candor of Mike Gravel: "These People Frighten Me"
Kevin Zeese
Durbin Gives Edwards More to Apologize For
Carlos Villareal
How "Law and Order" Covers for Bigotry in the Immigration
Debate
Michael Dickinson
Trouble in Turkey: Criminalizing Political Art
Tim Shorrock
A Raw Deal Between Washington and Seoul: Corporate Interventionism
as Trade Policy
Alevtina Rea
The Myth-Makers of Estonia
William S.
Lind
General Incompetence: Col. Yingling and the Military Brass
Website of the Day
Good News: Rost's "ZubeGate Exposé Prompts Congressional
Inquiry
May 1, 2007
Andrew Cockburn
How
Rumsfeld Micromanaged Torture
Fred Gardner
Affirmative Abstinence: Adios, Randall Tobias, the Man Who Turned
His Wife's Suicide into a Sales Pitch for Prozac
Chase Madar
Are Working Class Jobs Bad for Your Health?
Ralph Nader
Cheney and the BYU 25: Faith, Accountability and Protest in Utah
John V. Walsh
Edgy Dems Snarl at Their Antiwar Base
Joshua Frank
Obama, Incorporated
Leslie Radford
The Migrant Trap and the Migrant's Way Out
Shaun Harkin
An Interview with Nativo López on Immigration Bills and
Protests
Dave Lindorff
Murtha Talks Impeachment
Peter Rost,
MD
Inspector General Requests Meeting with Pfizer Whistleblower
Peter Linebaugh
May Day and Magna Carta
Website of
the Day
Impeachment? Why Bother?
April 30,
2007
Frank Menetrez
Dershowitz
v. Finkelstein: Who's Right and Who's Wrong?
Paul Craig
Roberts
Incompetence at the Top: Tenet and His Masters
Ray McGovern
Tenet's Self-Serving Apologia
Manuel Garcia,
Jr.
Fire Collapses Oakland Freeway as Steel Supports Fail
Diana Johnstone
The Three Rs of "Sarko the American"
Sherwood Ross
A So-Called "Liberal" Answers His Death Threats
Peter Rost, MD
Did Pfizer Illegally Market Its New HIV/AIDS Drug?
Robert Jensen
Anti-Capitalism
in Five Minutes
Kevin Zeese
While Congress Voted for War, the Peace Movement Protested Inside
the Senate
Jane Stillwater
Dalai Lama and Costco
Website of
the Day
Francis Boyle: Impeaching Bush
April 28
/ 29, 2007
Alexander Cockburn
Is
Global Warming a Sin?
Jeffrey St.
Clair
Versailles on the Potomac
Fred Gardner
Fuel for a Killer: What Drugs Had Cho Taken?
David Orchard
and Michael Mandel
Afghanistan and Iraq are the Same War
Alan Maass
The War on Hip Hop: an Interview with Dave Marsh
Joe Bageant
Why Are Leftists So Damn Afraid of God?
Robert Fantina
The Rhetoric of Dick Cheney: Lying as Art Form
Hanan Ashrawi
Palestine and Peace: the Looming Challenges
Ron Jacobs
Return of the Guitar Army
Nicole Colson
The Surpeme Court Targets Abortion Rights
Ben Terrall
Tracking Torture
Missy Beattie
Quit Your Day Job, George
Harvey Wasserman
The Lesson of Chernobyl
Cindy Beringer
The Horrors of Hutto: Inside Texas' For-Profit Immigrant Prison
Mike Roselle
The Dog Philosophy: What Kant Can't Tell Us About Why We Love
Wilderness
RAWA
Freeing Afghanistan
James McEnteer
Where the Movie Villains are American: Screening Films in Bolivia
Poets' Basement
For Stew Albert
Website of the Weekend
Rudy and Donald: the Drag Smooch
April 27, 2007
Eva Liddell
How
Can Women Defend Themselves Against Stalkers?
Phyllis Bennis
and Robert Jensen
Moving Beyond Anti-War Politics
Mike Whitney
Where's the Beef?: Padilla and the Zucchini Prosecution
Michael F.
Brown
Biden and Pelosi: Failing to Hold Israel Accountable for War
Crimes in Lebanon
Jordan Flaherty
Forgotten Mississippi
Margaret Kimberly
John McCain, Cold-Blooded Senator
Christopher Brauchli
The Dangers of Unstable People
Jacob Mundy
Stalemate in the Western Sahara?
Website of the Day
Yee Speaks
April 26, 2007
Andrew Cockburn
Wolfowitz's
War
Franklin Lamb
Giuliani
Plays the Islamic Terror Card
Patrick Cockburn
Al-Qa'ida Group Behind US Deaths in Iraq
Roger Morris
Dispatches From the Front
Henry Siegman
The Three Nos of Jerusalem
Alevtina Rea
A Sister City Debate in Rachel Corrie's Hometown
Paris
Are You a Hip Hop Apologist?
Nikolas Kozloff
White Racism and the Aymara in Bolivia
Alan Farago
Dow 13,000 Disconnect
Matthew S. Miller
The Limits to Lakoff
Website of
the Day
PBS: Blaming Blacks Again
April 25, 2007
Sharon Smith
The
Rights of Children in America
David Price
The Long Lost War
Diana Johnstone
Who Wants Sarko? New or Old France?
Brendan Cooney
Cho and Cheney: Killer Looks
Sonja Karkar
Israeli Democracy, For Jews Only?
Brian Concannon
Wolfowitz and Haiti
Lee Gaillard
Baptism Under Fire: Can the Osprey Fly?
Leah Fishbein
Women Under Siege
Dave Lindorff
The First Shoe Drops
Neal Galloway
US Agricultural Policy is Destructive at Home and Abroad
Website of the Day
Anti-War Student Movements: a Short History
April 24,
2007
Ishmael Reed
How
Imus' Media Collaborators Almost Rescued Their Chief
Lila Rajiva
Tragedy and Irony After Virginia Tech
Paul Craig Roberts
The War Goes Ever On
Patrick Cockburn
Sunnis Protest Baghdad's "Prison Wall"
Ralph Nader
The Corporate Debasement of Earth Day
Mike Whitney
Housing Bubble Boondoggle
Website of the Day
"Refugees"
April 23,
2007
Saul Landau
The
Courage to Withdraw
Patrick Cockburn
Time of the Death Squads: Iraq as Revenge Tragedy
Robert Fantina
Changing Sentiments
Sam Husseini
The Gonzales Distraction
Corporate Crime Reporter
Bought-and-Paid-For Journalism at the Philly Inquirer
Elizabeth Lalasz
Sick and Getting Sicker
Harvey Wasserman
Earth Day, Incorporated
Dave Lindorff
Huge Win for Impeachment in Vermont: Are You Listening Sen. Leahy?
Gary Leupp
Maoist Homophobia in Nepal?
Stephen Lendman
A Short History of the Christian Right
Website of the Day
No to OLF
April 21 / 22, 2007
Alexander Cockburn
Bring
Back the Posse
Fred Gardner
Prozac
Madness
Kristoffer Larsson
The Islamic Threat to Europe: By the Numbers
Barbara Rose
Johnston
Nuclear War and Its Consequences
Manuel Garcia, Jr.
The Heart of Whiteness: Racism, Wealth and IQ
John Scagliotti
Unlocking Closets, Locking Free Speech
Marjorie Cohn
Gonzo Justice: Counting on Alberto
Patrick Cockburn
Sadr Raises the Stakes
Diana Johnstone
The Absent Middle East
Ron Jacobs
Explaining the Spectre
Evelyn Pringle
How Iraq Was Looted
BANCO
Travesties of Justice in a Black City in Michigan: the Persecution
of Rev. Pinkney
Paul Richards
Thinking Big in the Northern Rockies
Dan Bacher
Zapatistas in the Colorado River Delta
Ben Terrall
Showdown at Chevron: SF Protest Against New Iraq Oil Law
Sherwood Ross
How the Taliban Defeated the Pakistani Army in Waziristan
Remi Kanazi
Bill Maher's "Towel-Headed Hos"
Aseem Shrivastava
Behind the Curtain of SEZs
Poets' Basement
Valentine, Reed, Harley and Engel
Website of
the Day
Reading Sappho in New Orleans
April 20,
2007
Doug Peacock
Beginning
of the End for the Yellowstone Grizzly?
Diane Farsetta
Onward, Free Market Soldiers!: Privatizing Public Diplomacy
Tom Clifford
The Surge in Iraqi Civilian Deaths: the Bloodiest 12 Months of
the War
Amira Hass
The
Holocaust as Political Asset
Nicole Colson
Desperation in Gitmo's Camp 6
Sonja Karkar
Double Jeopardy Entraps Palestinians
Heather Gray
The Supreme Court Looks a Lot Like the Taliban
Dr. Bouthaina Shaaban
Syrian Expeditions
Agustin Velloso
Spain and Iraq, Four Years On
Matthew Koehler
Distorting the News in a Timber Company Town
Website of
the Day
Gonzo's Monica
April 19,
2007
Emad Mekay
/
Jim Lobe
Scoring
at the World Bank: Wolfowitz's Quid Pro Quo
Patrick Cockburn
A
Day of Bombs and Blood in Baghdad
Larry C. Johnson
The Hobbesian Hell of Iraq: How Many Dead Equal a Failed Government?
Norman Solomon
Bowing Down to Our Own Violence
Saul Williams
Notes from a Hip Hop Head: an Open Letter to Oprah Winfrey
Sunsara Taylor
From Iraq to the Supreme Court: a New Dark Ages for Women
Harvey Wasserman
How Green is Tom Friedman?
Christopher
Brauchli
Apologies, Incorporated
Anthony Papa
Nightmare Behind Bars: John Valverde's Fight for Freedom
Dave Lindorff
Betraying Thomas Jefferson
Website of the Day
The Best Antiwar Song of the Iraq War?
April 18,
2007
Lila Rajiva
More
Gun Laws or Fewer Idiots? How the Va Tech Administration Failed
Its Campus
Landau / Hassen
Tancredo
as 17th Century Indian Chief?
Charles Fisher
/
Randy Fisher
Don Imus's Firing and the Hip-Hop Culture
Diane Christian
Facing Death Politically
Kevin Prosen
Meeting the Resistance in Iraq
China Hand
Gold Digging: The U.S. Treasury Department's Economic Campaign
Against North Korea
Peter Rost,
MD
The Strange Profits from a Re-Branded Cancer Drug
Justin Akers Chacón
What's Inside the STRIVE Bill
Jerry Kroth
Virginia Tech and Cho Seung Hui: Love and Unhappiness in an Alien
Culture
Sherwood Ross
Massacre at Va Tech: a Brief Glimpse into Daily Life in Iraq
Niranjan Ramakrishnan
The Bonfire of the Hannities
Alice Cherbonnier
Why South Dakota's "Informed Consent" Law Doesn't Go
Far Enough
Website of
the Year?
"I Hope I Die Before I Get Old"
April 17,
2007
Jean Bricmont
/
Diana Johnstone
The
Elections in France: a Coming Political Tsunami
Paul Craig
Roberts
Bloodbath
in Blacksburg
Frida Berrigan
Militarizing the Border
Alison Weir
The Message of PBS's "Crossroads" Series: Some Muslims
Aren't Bad
John Walsh
Why is the Peace Movement Silent About AIPAC?
Jason Hribal
Resistance is Futile: Emily the Cow and Tyke the Elephant
Evelyn Pringle
The Iraq Money Trail
Ben Terrall
Cuban Exiles Get Hero's Welcome; Haitian Refugees Get Shafted
Stan Cox
1040s and Death Certificates
Soren Ambrose
Confidence
Crisis at the IMF
Website of the Day
Go Ahead and Yell: "FIRE!"
April 16,
2007
John F. Sugg
Hate
and Hypocrisy in the Cox Empire
Ismael Hossein-Zadeh
Escalating
Military Spending: Income Redistribution in Disguise
Carl G. Estabrook
The Politics of the Useful Threat: It Didn't Start with the Neo-Cons
Paul Craig Roberts
The Party of Brownshirts
Uri Avnery
Blood on Our Hands
Ralph Nader
Where Are the Cries of Outrage Over Military Rapes?
Eamon McCann
Shame of the Empire: Simon, Sir Bono and Tinkerbelle
Lee Sustar
Decoding the Democrats
Mike Whitney
Trouble in Squanderville: Bubble People and the Faith-Based Market
Don Fitz
Solar Capitalism?
Stephen Lendman
Ecuador Votes for Revolutionary Change
Website of the Day
Black Mesa Water Coalition
April 14
/ 15, 2007
Alexander Cockburn
Ho
Industry Whores
Jorge Mariscal
Gen.
Petraeus's Field Manual: a Traveler's Guide to Big Muddy
Jeffrey St. Clair
The Beautiful and the Dammed: How the West Got Flooded
Dave Marsh
The
Imus Affair, Hip Hop and Politics
Dr. Trudy Bond
Shrinks, Lies and Torture: How Psychologists Became the Pentagon's
Bitches
Joe Bageant
A Feral Dog Howls in Harvard Yard
Fidel Castro
The Terrorist Walks
Alfredo Molano
"More Than Complicated"
Alan Farago
When Miami Crashes
Michael Neumann
Anglophone Fantasies and French Realities
Fred Gardner
Barbara McNair's Unsung Heroism: Bringing Down the Owner of EST
Ron Jacobs
A Conversation with Three Iraq Veterans Against the War
Gail Dines
Racy Sex, Sexy Racism
Linda Ford
Imus and Lady Hoopsters: a Long History of Bias Against Women
Athletes
Missy Beattie
What Would Imus Do?: Iraq, Ho, Ho, Ho
Dan La Botz
Farm Labor Organizer Murdered in Mexico
Giuliana Sgrena
The Lies of Mario Lozano
Laura Carlsen
A Moratorium on Free Trade Agreements
Abu Spinoza
Wolfowitz's Real Crimes
Elizabeth Schulte
Grinding It Out with Quentin Tarantino
Poets' Basement
Davies, Harley, Engel and Landau
Website of
the Weekend
Vonnegut's Final Interview
April 13,
2007
Patrick Cockburn
The
Shattering of Mosul
Stephen Soldz
Aid
and Comfort for Torturers: Psychology and Coercive Interrogations
in Historical Perspective
George Ciccarriello-Maher
The
Failed Chávez Coup: Five Years On
Laith al-Saud
Kirkuk, Oil and the Kurds
Dave Zirin
Memo to Imus
John Ross
Drawing a Line in the Heartland
Ramzy Baroud
America as Proxy
Harvey Wasserman
The Novelist Who Hated War: Peace Be With You, Mr. Vonnegut
Lopez, Olivo and Garcia
Columbia University's Two-Tiered Punishments
Dols, Fukumori,
Judd and Tillett-Saks
Columbia: On the Wrong Side of Justice
Website of the Day
Democrats: an Iraq Scorecard
April 12,
2007
JoAnn Wypijewski
We
May be Rid of Imus, But We're Still Stuck with the Culture
Paul Craig
Roberts
Big Profits from Big Brother
Marjorie Cohn
U.S. Attorneys and Voting Rights
Evelyn Pringle
Bush Family War Profiteering: Will Congress Finally Cut Them
Off?
Ron Jacobs
God
Bless You, Mr. Vonnegut
Norman Solomon
The Awful Truth About Hillary, Barack and John
Joe DeRaymond
The Release of Dennis Counterman: The Justice Game, the Alford
Plea and Death Row
Nicola Nasser
Squeezing Palestinians into an Impossible Mission
Nikolas Kozloff
Chile, a Country Geographically Located in South America "By
Accident"
William S.
Lind
Horatio Hornblower's Worst Nightmare
Siegfried L. Sassoon
A Statement Against the Continuation of the War
Website of
the Day
Where
You Want This Killin' Done?
April 11, 2007
R. T. Naylor
Quebec's
Lessons for the US: How "Wars on Terror" Should be
Fought
Vijay Prashad
The
Generation of IEDs and iPods
Patrick Cockburn
The Myth of Tal Afar
Winslow T. Wheeler
When Will the War Money Really Run Out?
Jack Balkwill
Prison for a Peacemaker: A Vietnam Vet Interviews Kathy Kelly
Alan Farago
Florida's Fundamentally Weak Environmental Movement
Russell D.
Hoffman
The Carbon Offset Tax is Just Another Nuke Bailout
Peter Rost, MD
The Fine Print on Drug Industry Kickbacks
Mike Whitney
Doomsday for the Greenback?
Dave Lindorff
Torture and Selective Outrage
Susie Day
Peter Pace Porks a Peck of Pinko Perverts
Website of the Day
Save the Internet!

|
May
24, 2007
Dancing with the
Drago
Paulson
in China
By MIKE WHITNEY
Treasury Secretary Henry Paulson wrapped
up 2 days of high level talks with the Chinese delegation on
Wednesday without any progress on the two issues of central importance
to the American people"the massive $230 billion trade deficit
and the ongoing manipulation of the Chinese currency, the yuan.
As expected, China agreed to allow "more passenger flights
between the two countries" and they also approved a plan
"to remove a ban on the entry of new foreign brokerages
and to allow financial services firms to expand their operations
in China". (Marketwatch)
But that was basically it.
China will not to allow its currency to float freely on the open
market. They want to maintain the advantage they have on their
American competitors by continuing to "fix" the yuan
in a way that best serves their national interests. That's the
way nations are supposed to work. The Chinese aren't taken in
by the hogwash about "free trade" or "deregulation".
They're playing to "win""and that's what counts.
It's different in America,
where the currency has been deregulated to serve the interests
of a small group of bankers and investors. Every one else loses.
Factories are boarded-up and workers are thrown out of their
jobs because they cannot compete with foreign manufacturers who
"underbid" them on every item. This doesn't matter
to Paulson and his buddies in the financial service industry.
Their business thrives on ever-increasing flows of cheap capital
to American markets. Whatever happens to the American worker
is not his concern.
Oh sure, Paulson may wave his
finger reproachfully at his Chinese counterparts for rigging
their currency, but he's certainly not going to do anything that
would disrupt the flow of $230 billion into US bonds and securities.
America's massive $800 billion current account deficit is what
keeps interest rates low and the stock market humming-along at
full throttle. Why would he mess with that?
After all, what's more important:
American workers or the wealth and prosperity of Wall Street
moguls and banking giants?
According to Marketwatch, Paulson
succeeded in persuading his Chinese counterparts to allow foreign
brokerages and financial services firms "to expand their
operations in China." Big surprise, eh? As former chief
of Goldman Sachs, it's clear that this was high on Paulson's
list of priorities. After all, Chinese workers set aside an estimated
50% of their earnings and have saved a whopping $2 trillion in
the last decade. The financial service industry must be salivating
at the thought of opening shop in Beijing and tapping into that
mushrooming market.
There's a misconception in
the US (particularly among "protectionist" Democrats)
that trade with China is a "one way street" that only
benefits the Chinese. That is not the case. In fact, the real
beneficiaries of the present arrangement are the US business
elites who set out to destroy the American work-force by moving
factories to a country with no labor or environmental laws. The
Bush administration has assisted the exodus of US corporations
by creating tax incentives for "off-shoring" and by
promoting a free trade ideology which is ruinous to America's
future.
But that's not China's fault.
China can't be blamed for our job losses or "unsustainable
"trade deficit---that's the result of the neoliberal policies
which have enriched a few wealthy American industrialists and
bankers at the expense of everyone else. As China expert Henry
C K Liu says in his article "A Dialogue of the Mute"
"China has actually been
a powerless respondent to the dysfunctional terms of trade set
by US economic policies, aggressively exploited by US transnational
corporations and financial institutions for unfair profit."
(More than 60% of China's trade surpluses are traded by foreign
companies, many of which are US firms)
Liu adds: "China cannot
expand domestic consumption because Chinese wages and benefits
are too low. Yet Chinese cannot raise wages faster because real
wealth has been leaving the country through export trade while
the yuan money supply is expanding through the central bank buying
dollar inflows with yuan. The result is a liquidity bubble, with
too much currency chasing a dwindling supply of real wealth that
has been exported."
The Strategic Economic Dialogue
(SED) between the Chinese and US delegations was a complete failure.
The yuan will continue to be manipulated and America will continue
to bleed jobs and wealth. We'll probably never know what really
went on behind closed doors, but one thing is certain; the US
is not giving the orders anymore. With $1.3 trillion in dollar-backed
securities and US Treasuries, the Dragon is in the driver's seat.
Now that Japan has slowed down its purchases of US debt; China
represents the last bit of scaffolding holding up the feeble
greenback. That means that the Fed will have to consult with
their "loan-officers" in Beijing before raising or
lowering interest rates.
Sounds crazy, but its true.
And, while everyone is predicting
that Fed-master Bernanke will probably lower interest rates to
save the struggling real estate market; it may be that our Chinese
friends will demand a rate-hike to preserve their investment.
That'll just speed up the sub-prime meltdown and send tremors
through world stock markets.
Our favorite economic guru,
Elaine Supkis, provides a bit of historical background to our
current economic predicament. In Yesterday's post she says:
"Anyone with half a brain
can see that on 9/11, we reset our economy on its present irresponsible
course. Bush and the American people declared a war on terror
and began spending like fiends and cut taxes and Bush famously
said we should all go shopping so we went on the world's biggest,
stupidest shopping binge.
To hide the inflation this
new policy brought and thanks to the Federal Reserve simultaneously
dropping interest rates to an amazing and irresponsible 1%, hiding
inflation became the #1 job and to do this, we had to shift as
much labor as possible to China! China's surplus in trade with
us was fairly insignificant before 9/11 but it shot through the
roof. After 9/11, China passed Japan and has been the #1 source
of cheap labor for the US which must use China in this fashion
or find some other nation to do this for us.
What I am saying is, we cannot
simply force China to raise their prices to us, we will simply
rush to India or some other cheap labor nation to do the work
for us!
The US RULERS know China's
intentions. Bush's family works for the Communist Chinese, they
have had business deals with them for years and years. The Chinese
have cultivated corrupting the Bush clan since they first met
Mr. Bush Sr. when he jumped from the CIA to ambassador to China.
These people then ran off to China to make money off of the differential
between Chinese labor's wages and American consumer buying abilities.
The Chinese exploited this treason as they should, after all,
we are in competition with them for ruling the world and if our
rulers are so banged stupid that they think they will dominate
the Chinese and not vice-versa then...we get what we are getting
today.
Namely, our necks in a Chinese
noose. But do not forget, the American ruling class put our necks
there, not the Chinese. They simply cooperated! (See
the whole post here.)
The economic war against the
American people started on the same day as the war on terror"9-11.
Interest rates plummeted, the money supply was put on steroids,
and the US began auctioning off its national wealth at a rate
of $800,000 billion a year. The current account deficit and the
loss of 3.2 million manufacturing jobs has been used to conceal
inflation which is only now beginning to rear its head in the
form of recycled dollars in an over-leveraged stock market. (Why
else would the Dow hit new highs every day when GDP is an anemic
1.3%?)
We can see now, (from the
coordination of policy) that it wasn't just Big Oil and the neocons
who led us to war with Iraq. The Federal Reserve played an equally
important part in that deception. It lulled the people to sleep
with low interest rates (which kept the economy humming-along)
while the nation's wealth was shifted from the middle class to
the mega-rich. The Fed's policies have created enormous equity
bubbles and a massive "unsustainable" trade deficit.
When the bubbles burst, the America people will be forced to
"privatize" whatever public assets are left.
Wasn't that the goal from the
very beginning?
Now, we're stuck and there's
no way out. If China allows its currency to rise; then the US
economy will plunge into recession or worse. And, if we stay
on the same course, the country's wealth will be sold piecemeal
to foreign investors while the dollar continues to weaken and
unemployment soars.
Our options are limited and
we appear to be headed for a hard landing. But--Elaine Supkis
is right--you can't blame the Chinese for that. It may be their
noose, but it was Bush and Co. who put our necks there.
Mike Whitney lives in Washington state. He can
be reached at: fergiewhitney@msn.com
|
Now
Available!
The Gang's
All Here: Judy Miller, Bob Woodward, Jeffrey Goldberg, Rupert
Murdoch, Bill O'Reilly...End
Times
Leaves No Reputation Unstained!

Buy End Times Now!
Now
Available from
CounterPunch Books!
Saul Landau's
Bush and Botox World
with a Foreword by Gore Vidal

Click Here to Order!
"The Case Against Israel"
Michael Neumann's Devastating Rebuttal of Alan Dershowitz
WHAT'S
INSIDE
Grand
Theft Pentagon:
Tales of Greed and Profiteering in the War on Terror
by Jeffrey St. Clair

The Occupation
by Patrick Cockburn

CITY BEAUTIFUL
By Tennessee Reed

Bruce Springsteen On Tour
By Dave Marsh
The Book on 9/11 the White House Denounced
as "ABSOLUTE GARBAGE"
|