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Today's Stories

November 17, 2009

Mike Whitney
Let's Get Fiscal

November 16, 2009

Alan Nasser
Obama's Flawed Case Against Single Payer

Jonathan Cook
Campus Watch Copy Cats

Mark Weisbrot
Obama, China and the Dollar

Carol Miller
We Need Health Care, Not Insurance

Gary Leupp
The Andolan in Kathmandu and the Revolution to Follow

Harry Clark
Justice Goldstone at Brandeis

Ray McGovern
Shining a Light on the Roots of Terrorism

Norman Solomon
California Democrats Urge Obama to Leave Afghanistan

Ron Ridenour
Genocide in Sri Lanka

Norm Kent
Doctors Light Up

Brenda Norrell
Torture Resisters Arrested at Fort Huachuca

November 13-15, 2009

Alexander Cockburn
A Man in a Hundred

Patrick Cockburn
Meet Our Afghan Ally: Stealing Money, Selling Heroin and Raping Boys

Tariq Ali
Short Cuts in Afghanistan

Douglas Lummis
Obama, Hatoyama and Okinawa

Vijay Prashad
Can the Major Speak?

Carl Ginsburg
Cornering the Market on Ambition

Manuel García, Jr.
The Purpose is Pork

Rannie Amiri
The Disastrous Presidency of Mahmoud Abbas

Mary Lynn Cramer
Death By Denial: the Militarization of Mental Health

Fred Gardner
Pot Doc Down

Dave Lindorff
Health Care Reform: DOA

Robert Jensen
How I Stopped Hating Thanksgiving and Learned to be Afraid

David Macaray
Wal-Mart Death Stampede Revisited

Corporate Crime Reporter
Exposing Timberland: Nike Foe Jeff Ballinger Zeros in on a New Target

Ron Jacobs
No More Star Spangled Eyes

David Model
NATO's Chimerical Enemy in Afghanistan

John V. Walsh
Godless China: What Obama Will Find

Jon Mitchell
Beggars' Belief

Stuart Easterling
Blaming the Narcos in Mexico

Dan Bacher
Big Oil Takes Over Marine "Protection" in California

Franklin Lamb
Lebanese Students Advise Obama on How to Get It Right

Farzana Versey
Moderns, Models and Martyrs

Charles R. Larson
War, Peace and Paramilitaries in Colombia

Saul Landau
The Coen Bros. Brutalize Job

David Yearsley
When the Cirque Meets the Beatles

Lorenzo Wolff
At the Side of the Frontman

Poets' Basement
Blaine, Rivas and Cox

 

November 12, 2009

Robert Weissman
Maniacal Deregulation

Franklin Spinney
The Afghan War Question

Nadia Hijab
After Fort Hood

Afshin Rattansi
Night Vision: Why US Sanctions on Syria Will Kill American Soldiers

Paul Craig Roberts
America's Dismal Future

Ralph Nader
Failing the People on Health Care

Belén Fernández
Tourists of the Honduran Counter-Revolution

Allan J. Lichtman
A National Peacemaker's Day

Dave Lindorff
President Peacenik's War

Jayne Lyn Stahl
Headline of the Year

November 11, 2009

Andrew Cockburn
The Crafting of a Loophole

Mike Whitney
A Small "d" Depression

Rev. Jesse Jackson
Where's the Jobs Stimulus?

Jeff Nygaard
Iranian Irrationality? Maybe Not

Stewart J. Lawrence
Honduran Regime Reneges on Political Deal

James Ridgeway
The End of the Little Red Cars: Memories of East Berlin

Eamonn McCann
Blood on Their Hands

Michael Ortiz Hill
Unbecoming War and Terrorism

Shepherd Bliss
From Oklahoma City to Fort Hood

Walter Brasch
"This is Jenna Bush Reporting ... "

November 10, 2009

Ellen Cantarow
Heroism in a Vanishing Landscape

Dean Baker
How to Raise $140 Billion a Year From Wall Street Banks

Rose Ann DeMoro
The Truth About the House Health Care Bill

Ramzy Baroud
Inch by Inch, House by House: How Israel Won the Settlement Battle...Again

Peter Lee
The Dalai Lama Sticks His Thumb in the Dragon's Eye

Dave Lindorff
Blaming the Workers

Roberto Rodriguez
Running Past PTSD (Or My Susto Profundo)

Winslow T. Wheeler
The Self-Dismembering F-35

Alan Farago
The Rising Tide

Joseph Grosso
The Legacy of Albert Parsons

November 9, 2009

Patrick Cockburn
Leave Afghanistan to the Afghans

Linn Washington
Fox Finds a New Black Boogeyman

Carl Ginsburg
To be Young and Unemployed Forever

Jeff Leys
War Funding, 2010

John A. Murphy
Can Lieberman Save Single Payer? Why Progressives Should Back a Filibuster

John Halle
Bard and the Lobby: Final Thoughts on the Kovel Affair

Bouthaina Shaaban
Clinton Dances With Netanyahu

James Ridgeway
Heath Care: Winning a Battle, Losing the War

Dave Lindorff
The Kafka Economy

David Macaray
The Philadelphia Transit Strike

Stephen Fleischman
The Tea Party System

Website of the Day
Cap-and-Trade: The Huge Mistake

November 6-8, 2009

Alexander Cockburn
Too Fat to Fight

Mark Grueter
Inside the American University of Iraq

Paul Craig Roberts
The Evil Empire

Patrick Cockburn
Friendly Fire

Gareth Porter
Karzai's Cabinet of Warlords

Mike Whitney
The Battle of Seattle, 10 Years Later

James Bovard
How the Media Enables Government Lies

Dean Baker
Don't Touch the Banks!

Robert Lawless
Empires and the Sullying of Anthropology

Saul Landau
Afghanistan: a War Without Logic

Jayne Lyn Stahl
Black Ops and Fort Hood

Stephanie Westbrook
My Memories of Fort Hood

M. Shahid Alam
How Eurocentric Are You?

Marc Levy
Walking With Mr. Muhammad

Franklin Lamb
Obama's Mid-East Mess

Ron Jacobs
A New Map of Hell

David Ker Thomson
Afternoon With Tulip

John V. Whitbeck
Moment of Truth

Julien Mercille
Drugs and Afghanistan: the UN's Misleading Report

Rannie Amiri
Egypt's Next Unelected President?

John Ross
Legalize It!

David Michael Green
Can You Hear Us Now?

Carl Finamore
Strike One for Hotels in San Francisco

Farzana Versey
The Farce of Fatwas and Political Expediency

Missy Comley Beattie
No to Single Payer, Yes to Prayer?

Charles R. Larson
Business as Usual in India

David Yearsley
Anna Magdalena, Music and the Art of Dying

Kim Nicolini
"Paranormal Activity:" a DIY Horror Film

Poets' Basement
Three Poems by Devreaux Baker

November 5, 2009

Pam Martens
The Fire Sale of America

Vijay Prashad
The Great Heretic

Brian Gallagher
The Soldiers From Standard Oil: Harvard, ROTC and American Foreign Policy

Norman Solomon
The Next Phase in Health Care Apartheid

Nadia Hijab
The Battle for Palestinian Representation

Joseph Shansky
And the Winner in Honduras is ... the United States?

Andy Thayer
Questions and Answers From Maine

Tracy Rosenberg
Pacifica and the Barbarians Who Pay the Bills

Website of the Day
All Folked Up

November 4, 2009

Stan Cox
The Inflated Promise of Natural Gas

Andy Worthington From Gitmo to Palau: Who are the Uighurs?

Robert Weissman
The Medicare-for-All Moment

Susan Galleymore
Of Veterans and Volunteers

Ralph Nader
Hoh's Afghanistan Warning

Michael Leonardi
Italy's Secret Ships of Poison

Bitta Mistofi
Death to No One: Isolating and Taunting Iran Will Only Empower the Regime

Robert Bryce
From Lahore to Copenhagen

Martha Rosenberg
Is Your Doctor's Continuing Ed Funded by Drug Makers?

Dave Lindorff
Democrats Crash and Burn

Website of the Day
Single-Payer Backtrackers

November 3, 2009

Patrick Cockburn
The Delegitimization of Karzai

Mike Whitney
Why the Crisis Isn't Going Away

Franklin C. Spinney
Katrina and the Paralysis of Fear

Laura Carlsen
The Little Coup That Couldn't

Serge Halimi
Don't Blame the Internet

John Stanton
Social Decay in America

Sophia Weeks
A Guatemalan Lament

Dave Lindorff
Country Joe, Kenny Rogers and Obama

November 2, 2009

Steven Higgs
Autism Spikes, Toxins Suspected

Ishmael Reed
White in America: Behind the Scenes at CNN

David Macaray
UAW Members Vote Down Ford; and the Media Attacked the Union

Bouthaina Shaaban
Settler Colonialism: Return to the Middle Ages

David Michael Green
Coming to Get You

David Swanson
The Two Percent Robustness

Ellen Brown
Cutting Wall Street Out

Adam Federman
Trading the Watershed to Trash the Catskills

James McEnteer
Doppleganger Politics: Star Wars, Clone Wars

Stephen Fleischman
Foot in the Door: Capitalism and Health Care

Website of the Day
Secret California Park Giveaway

October 30 - Nov. 1, 2009

Alexander Cockburn
The Long Gaze of the State

Jeffrey St. Clair /
Joshua Frank

Facing Down the Machine: Mike Roselle Draws a Line

Carl Ginsburg
Living in the Shadow of Yankee Stadium

Mike Whitney
Obama Goes Wobbly Over More Stimulus

Joe Bageant
The Iron Cheer of Empire

Gareth Porter
Security By Warlords: the CIA's Afghan Payroll

Saul Landau
The Cuban Embargo

Anthony DiMaggio
Conspiracy, Inc.: Wild Tales From the Reactionary Right

Dave Lindorff
Happy Talk Amid the Wreckage: Stocks Up, Jobs Down

Rannie Amiri
The Spooks of Beirut

Niranjan Ramakrishnan
An Afghan Travelogue

Jayne Lyn Stahl
Who Will Reform the Health Care Reform?

Rev. William E. Alberts
God's Favorite Team (and Nation and Religion)

Alvaro Huerta
The Abominable Mr. Dobbs

Martha Rosenberg
Marketing Drugs to Psychoneurotics

Binoy Kampmark
Don't Give Us Your Wretched: Refugee Policy in OZ

Norm Kent
Not Just Zig-Zag Any More: Medical Marijuana Goes Mainstream

Charles R. Larson Roth's "The Humbling:" Nothing Like a Novel From an Old Pro

Ron Jacobs
One Man's Truth, Another Man's Lies

David Yearsley
Not Loud Enough by Half

Lorenzo Wolff
The Vulnerability of Lauryn Hill

Kim Nicolini
"Big Fan:" Football, Class and Sexuality in America

Poets' Basement
Davies, Heyen and Orloski

Website of the Weekend
Coal Country Music

October 29, 2009

Michael Neumann
Criticism of Israel: a Wonderful Hiding Place

Mike Whitney
Housing Rebound? Not So Fast

Gary Leupp
Matthew Hoh Speaks Truth to Power

Conn Hallinan
Roman Roads and Modern Emperors

Marshall Auerback
Obama's Bogus Populism: Pay Curbs and Bank Loans

Laura Flanders
Palin's Pet Doug Hoffman Has Taliban Ties

Eamonn McCann
The War Criminal Vote: Blair or Karadzic for EU President?

David Macaray
Strange Invaders: Can Ignorance and Arrogance Win Hearts and Minds?

Mark Weisbrot
When Small Countries Lead the Way

Stephen Soldz
Psychologist Complicity in Torture Challenged

Christopher Brauchli
Will the Pope Bring the Taliban Into His Flock?

Website of the Day
The USS Liberty Affair and the Problem of Truth in History

October 28, 2009

Moshe Adler
How to Reduce Unemployment, Rebuild the Middle Class and Free Ourselves From Wall Street

Dave Lindorff
America's Drug Crisis: Brought to You by the CIA

Frank Joseph Smecker
Agaisnt Prometheus: an Interview with Derrick Jensen on Science and Technology

Alexandra Early
What a "Jobless" Recovery Means for Young Workers

M. Shahid Alam
Israeli Exceptionalism

Vijay Prashad
Sahelian Blowback: What's Happening in Mali?

John Ross
Three Years Later, Brad Will is Still Dead

Franklin Lamb
A Rare Victory for Lebanon's Palestinians

Gregory Travis
The Dismal Science: Elinor Ostrom's Nobel

Susan Galleymore
Peace Cycle to Palestine

Website of the Day
Newspaper Decline, a Graphic Display

October 27, 2009

Mike Whitney
Black Tuesday and How We Got Out of It

Patrick Cockburn
Bombs Will Go Off in Baghdad, Whether the US is There or Not

Stewart J. Lawrence
Honduran Coup Myths Dispelled

Alan Farago
Power Plays in Florida: Rate Increases, Nukes and Deception

Ralph Nader
Obama: Form Letters and Business as Usual

Dave Lindorff
Pentagon Dirty Bombers: DU in America

Bouthaina Shaaban
The Danger of Towing the Line Behind Israel

Brian M. Downing Elections in Afghanistan, the Second Time Around

Iain Boal
How You Can Save Pacifica

Carl Finamore
Hotel Workers and the Law of Momentum

Jayne Lyn Stahl
Here Comes That Third Party: Palin and the Constitutionalists

Website of the Day
How Bank of America Charges for Perfect Credit

October 26, 2009

Bill Quigley /
Deborah Popowski
When Gitmo and Abu Ghraib Come Home

Paul Craig Roberts
Are You Ready for the Next Crisis?

Uri Avnery
A Tsunami Called Goldstone

Mike Whitney
Will the Dollar Remain the World's Reserve Currency in Five Years?

Michael Snedeker
The Execution of Cameron Willingham

Shamus Cooke
Obama's Dirty War on Immigrants

David Michael Green
Paranoia for Breakfast

Martha Rosenberg
Gagging Michael Pollan

Patrick Bond
Gridlock on the Way to Copenhagen

Binoy Kampmark
Heading for the Tiber

Website of the Day
Goldman Sachs Abandons Kittens

 

November 17, 2009

More Stimulus, More Government Jobs Programs, More Debt Relief

Let's Get Fiscal

By MIKE WHITNEY

"Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely and courageously. It can be accomplished in part by direct recruiting by the Government itself, treating the task as we would treat the emergency of a war, but at the same time, through this employment, accomplishing greatly needed projects to stimulate and reorganize the use of our natural resources."

Franklin D. Roosevelt, Inaugural Address, March 4, 1933

There's no reason why a sharp-witted politico like Barack Obama can't survey the wreckage around him and draw the same conclusions as FDR. The unemployment crisis should be the president's first order of business; Job 1. Instead, Obama is paralyzed by indecision, unable to settle on a policy that he's willing to stick with through Hell-or-high-water. His lack of resolve shows that he's got his priorities mixed up and that he's getting bad advice from his lieutenants. The economy needs more jobs to get back on track and make up for flagging demand. Those jobs are not going to come from the private sector which is struggling just to stay afloat. They'll have to be created by the government; major public works programs expressly designed to put millions of people back to work. These are precisely the kind of programs that conservatives and Libertarians despise, which is important, since it lays the groundwork for a national debate on the role of government. This is a debate that Obama can win, provided he stops waffling and shows some moxie.

Unemployment has reached a 26-year high of 10.2 percent, but the "real" rate of joblessness (underemployment) is now hovering at 17.5 percent. These are Depression-era numbers. The Fed's zero-rate policy and liquidity-injection programs have sparked a 62 percent rally in the stock market since early March, but had no material effect on unemployment which is headed higher. A growing number of economists, including Paul Krugman, Nouriel Roubini and Marshall Auerback, are calling for bold action to stop the bleeding and put the country back to work. But the poll-driven Obama administration is afraid to break with the "pro growth" small-government dogma which has guided state policy for the last 30 years. Obama knows the economy needs another round of stimulus, but he's afraid to move forward for fear of offending Wall Street and fatcat party donors who see any expansion of government as a threat private profit-making. As a result, the economy continues to be whipsawed by rising joblessness, soaring defaults, and tighter credit. Here's a quote by Obama's chief economic advisor, Lawrence Summers, which helps to clarify the point:

Indeed, in the current circumstances the case for fiscal stimulus -- policy actions that increase short-term deficits -- is stronger than ever before in my professional lifetime. Unemployment is almost certain to increase -- probably to the highest levels in a generation. Monetary policy has little scope to stimulate the economy given how low interest rates already are and the problems in the financial system. Global experience with economic downturns caused by financial distress suggests that while they are of uncertain depth, they are almost always of long duration.

The economic point here can be made straightforwardly: The more people who are unemployed, the more desirable it is that government takes steps to put them back to work by investing in infrastructure or energy or simply by providing tax cuts that allow families to avoid cutting back on their spending. ("A Bailout Is Just a Start", Lawrence Summers, Washington Post)

The article was written by Summers in September of 2008, which shows that he knew what needed to be done more than a year ago. That's impressive, but where are the infrastructure and green technology projects that were promised? Where are the new jobs?

Originally, Obama assured the public that the $787 billion stimulus package (aka--The American Recovery and Reinvestment Act) would create 3.5 million new jobs. But--even by the administration's own calculations--less than 1 million jobs have been created so far. Too much of the ARRA money was devoted to tax cuts (to appease Republicans and Bluedogs) which diminished its overall effectiveness. Here's an excerpt from an article by Alec MacGillis in the Washington Post which gives a breakdown of the costs:

"Two-thirds of the stimulus went toward tax cuts, fiscal aid to states, and expanded unemployment benefits and food stamps. These efforts helped cushion the recession’s blow, saved public jobs and, by injecting demand into the economy, bolstered employment indirectly.

The remaining third of the stimulus, however, was expected to be the real jobs generator: $250 billion for infrastructure — roads, transit, water treatment — and for investments in energy efficiency, broadband access and other areas. But it is becoming clear that much of that spending is not producing many new jobs." ("Unlike the New Deal, Obama’s plan does not put people on the public payroll", Alec MacGillis, Washington Post)

So, while $11.4 trillion has been used to prop up the financial system, a paltry $250 billion has gone to creating jobs. No wonder unemployment has zoomed to 17.5 percent.

Here's Summers again:

The American Recovery and Reinvestment Act (ARRA) will do some of the work that the nation has needed done for a long time—doubling renewable energy capacity in the next 3 years, supporting middle class incomes, modernizing ten thousand schools, and making the largest investment in the spine of our national economy – the nation’s infrastructure – since Dwight Eisenhower’s investment 50 years ago...

Between 2000 and 2007 – a period of solid aggregate economic growth – the typical working-age household saw their income decline by nearly $2000. The decline in middle-class incomes even as the incomes of the top 1% skyrocketed has a number of causes, but one of them is surely rising asset prices and the fact that financial sector profits exploded to the point to where they represented 40% of all corporate profits in 2006.

Confidence today will be enhanced if we put measures in place that assure that the coming expansion will be more sustainable and fair in the distribution of benefits than its predecessor.

Summers sounds more like Huey Long than Milton Friedman, spouting populist blather about the growing inequality and the "fair distribution of benefits". What rubbish. Nearly all of the emergency government funding has been pumped into financial markets where the investor class is raking in bigger profits than ever before. Even worse, according to an article released last week by Politico.com, Team Obama is about to lunge even farther to the right. Here's a quote from Politico:

"President Barack Obama plans to announce in next year’s State of the Union address that he wants to focus extensively on cutting the federal deficit in 2010 – and will downplay other new domestic spending beyond jobs programs, according to top aides involved in the planning.

The president’s plan, which the officials said was under discussion before this month’s Democratic election setbacks, represents both a practical and a political calculation by this White House." (politico.com)

Uh, now who exactly is telling Obama that trimming the deficits (which involves raising taxes or cutting spending) in the middle of a severe economic downturn is a good idea? Summers, perhaps?

This excerpt from Politico just highlights the yawning chasm between blabber and policy. If Obama decides to cut the deficits and jettison the jobs programs, the economy will slide right back into recession. Is that what he wants, or is he just an unwitting victim of Summer's crummy advice?

Summers knows that the 3.5 percent surge in GDP in the 3rd Quarter was entirely the result of Obama's fiscal stimulus. He also knows that government jobs programs will increase demand, boost consumer confidence, add to state revenues, and spur growth. So why is he caving in to the deficit hawks and the dollar demagogues instead pushing Obama to rally the country to use the nation's vast resources to put its people back to work?

The Fed can't do it. In fact, the Fed already has its back against the wall. It's balance sheet has ballooned to more than $2 trillion in the last year alone. It's getting no traction from its zero percent interest rates, and its $1.75 trillion quantitative easing program is set to end by the end of the 1st Quarter 2010. Fed chair Ben Bernanke has stabilized the financial markets, but the liquidity is still not getting to the people who need it most because the credit system is still gunked up with toxic paper. That's taken the "trickle" out of trickle-down, which is why the economy needs a lift, a direct infusion of stimulus to the jugular; to patch household balance sheets and perk-up consumer spending. The stimulus should be part of an aggressive reform agenda aimed at job creation. Otherwise things will only get worse.

How bad will it get? Here's a clip from Nouriel Roubini's RGE Monitor, "The Worst is yet to Come":

Think the worst is over? Wrong. Conditions in the US labor markets are awful and worsening....

The long-term picture for workers and families is even worse than current job loss numbers alone would suggest. Now as a way of sharing the pain, many firms are telling their workers to cut hours, take furloughs and accept lower wages. Specifically, that fall in hours worked is equivalent to another 3 million full time jobs lost on top of the 7.5 million jobs formally lost.

This is very bad news but we must face facts. Many of the lost jobs are gone forever, including construction jobs, finance jobs and manufacturing jobs. Recent studies suggest that a quarter of U.S. jobs are fully out-sourceable over time to other countries...

So we can expect that job losses will continue until the end of 2010 at the earliest. In other words, if you are unemployed and looking for work and just waiting for the economy to turn the corner, you had better hunker down. All the economic numbers suggest this will take a while. The jobs just are not coming back.

There's really just one hope for our leaders to turn things around: a bold prescription that increases the fiscal stimulus with another round of labor-intensive, shovel-ready infrastructure projects, helps fiscally strapped state and local governments and provides a temporary tax credit to the private sector to hire more workers. Helping the unemployed just by extending unemployment benefits is necessary not sufficient; it leads to persistent unemployment rather than job creation." ("The Worst is yet to Come", Nouriel Roubini's RGE Monitor)

This isn't the time for hemming-and-hawing. Obama should be using his clout to launch a trillion dollar "Get America Back to Work" campaign with all the public relations rigmarole to go along with it. 17.5 percent "real" unemployment is only part of the story, too. There's also 300,000-plus foreclosures every month, record personal bankruptcies, plummeting state revenues, and countless maxed out homeless shelters and food banks. We're in the throes of a low-grade depression that requires emergency mobilization aimed at expanding the public workforce and increasing wage-and-benefits packages to spark greater demand. The states should be given open-ended funding to cover losses in annual tax revenue as long as they agree to an across-the-board firing freeze for all state and local employees. Government resources should be provided in block grants to states for green technology, infrastructure projects, foreclosure relief, low income housing, and public health care facilities. Whatever it takes to rev up the industrial flywheel that keeps the economy purring; Do it!

The Fed's monetary remedies have flopped. It's onto Plan B, which means bold New Deal-type jobs programs; direct public-service employment which eliminates the waste of tax credits for private sector hiring and misdirected stimulus which disappears down a black hole. Put money back in the hands of the people who will spend it (workers) and build a stronger economy where everyone benefits. The system needs to be rejiggered; everyone knows it. The essential balance between supply and demand has been upset and can't be restored without a larger public workforce. Much larger.

Larger public workforce. Larger bureaucracy. Big government.

Mike Whitney lives in Washington state. He can be reached at fergiewhitney@msn.net

 

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