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This Time Is Different

October 25th, 2008

Stephen Lendman

Whatever we know about today's financial crisis. Think we know. Eventually will know in the fullness of time. This time is really different. In 1922, Henry Ford put it this way in his book titled "My Life and Work:"

"The (economy's) primary functions are agriculture, manufacture, and transportation. Community life is impossible without them. They hold the world together....The great delusion is that one may change the foundation. The foundations of society are the men and means to grow things, to make things, and to carry things." Real enterprise producing value. Tangible products. Not casino capitalism. Computerized gambling. The illusion of wealth. Disappearing once liquidity dries up. Or even now when it's abundant. With a keyboard click, or when investors fear an approaching economic storm.

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Don't be shocked by the defeat of America (God does not fix the work of the wicked)

October 25th, 2008

Khaled Al Sharif

[Translated by Kirsten Beck (Original article in Arabic)]

The financial crisis and economic destruction afflicting the United States of America is about to blow her away. It's natural that Bush's imperialistic policy resulted in plunging into crusade-like wars against the Arab and Islamic world--a policy that inflicted a heavy financial burden upon the extremist U.S. administration in order to finance unjustified wars of intolerance and hatred in Afghanistan, Iraq, and the others; a policy that cost the U.S. Treasury 60 trillion dollars and that, in spite of all the financing, caused a huge economic disaster, the extent of which, beyond the certain defeat of the U.S. and NATO in Afghanistan, is unknown to anyone but God.

A recent preliminary strategy report confirmed that NATO and the United States will lose the war in Afghanistan, like what happened with the Soviet Union in the 80s of the last century and the British Empire in the 19th century. In a report by the strategic thinker Anthony Cordesman of the Center for Strategic and International Studies, titled "Losing the Afghan-Pakistani War? The Rising Threat," Cordesman confirmed that the influence of the occupation forces is declining in Afghanistan, while the influence of Islamic resistance forces is increasing, providing proof and evidence backing up his findings.

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Now the Cost of War Really Matters

October 25th, 2008

By Kevin Zeese

The Finance Crisis Means the U.S. Can No Longer Continue Two War-Quagmires and Must Reconsider Military-Based Foreign Policy

Nobel prize winning economist Joseph Stiglitz predicts the Iraq war will cost the United States $3 trillion. Nouriel Roubini, the economist who predicted today’s financial crisis in 2006, predicts the U.S. will suffer its worst recession in 40 years, lasting up to two years with 9% unemployment and another 15% drop in housing prices. He predicts we are seeing only the first round of government injection of funds into the finance system.

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The Peter Principle Playoffs

October 24th, 2008

Sheila Samples

We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men~~George Orwell So here we sit, our heads jerking back and forth so rapidly most of us are suffering severe whiplash. Will the US attack Iran? Will Israel attack Iran? Or will the two war-mongering bullies join forces and "bomb, bomb, bomb" that belligerent twit-nation into subservience?

It's a great game. A deadly game. The momentum to attack Iran has been building for so long that we're conditioned to watching it like some grotesque international tennis competition. It's the Peter Principle Playoffs, with neoconsters and ziomonsters out on the court milling around, working at their highest "levels of incompetence," feverishly plotting Iran's destruction. Foul lines mean nothing to them. There are no rules, no officials, no scores, no accountability.

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World Food Day: Global Crises’ Double Standards

October 24th, 2008

Ramzy Baroud

The 25th annual World Food Day, marked on 16 October, was an occasion whose arrival and passing received little media attention or governmental fanfare. Evidently, much of the world media and governments are consumed with an economic crisis of epic proportions, which is perceived in the US as the worst such upheaval since the Great Depression. In the rest of the world, it's depicted as the worst economic crisis in recent memory or, as the BBC termed it, "the most tumultuous times on record in the global financial markets."

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This Election is too Important to Allow for Oversight...

October 24th, 2008

Les Visible

That is what certain election officials are saying according to this article. It says that “Already states such as New Jersey are refusing to allow election experts to monitor voting because they claim it is “too important an election.” Ponder that sentence my friends. Turn it around and inspect it. The article also says that the new Associated Press poll from the greater Zionist media lockdown now shows the election to be a dead heat. Their reasons for this are as shabby as their conduct.

No, the Zionistas probably do not want Obama to win because he’s not as likely to be a dumbshit lap dog for their murderous intentions which have been amply demonstrated on 9/11, the invasion of Afghanistan and Iraq and the shrill and nasty cries to bomb Iran; a country that hasn’t attacked another country in eight hundred years. He’s probably not going to be as easy to manipulate as McCheeks and Palindrone. He’s certainly not the scabrous psychopath that Yellow-Streak George the Drunken Fool is. Is he bought and paid for? Probably not entirely… I don’t think he’s gotten the bad news yet. That will most likely come after the election if he wins which is no sure thing at the moment, given what the neo-cons are up to.

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Raiding the Icebox

October 24th, 2008

Peter Carlson

Behind Its Warm Front, the United States Made Cold Calculations to Subdue Canada.

Invading Canada won't be like invading Iraq: When we invade Canada, nobody will be able to grumble that we didn't have a plan. The United States government does have a plan to invade Canada. It's a 94-page document called "Joint Army and Navy Basic War Plan -- Red," with the word SECRET stamped on the cover. It's a bold plan, a bodacious plan, a step-by-step plan to invade, seize and annex our neighbor to the north. It goes like this:

First, we send a joint Army-Navy overseas force to capture the port city of Halifax, cutting the Canadians off from their British allies. Then we seize Canadian power plants near Niagara Falls, so they freeze in the dark. Then the U.S. Army invades on three fronts -- marching from Vermont to take Montreal and Quebec, charging out of North Dakota to grab the railroad center at Winnipeg, and storming out of the Midwest to capture the strategic nickel mines of Ontario. Meanwhile, the U.S. Navy seizes the Great Lakes and blockades Canada's Atlantic and Pacific ports. At that point, it's only a matter of time before we bring these Molson-swigging, maple-mongering Zamboni drivers to their knees! Or, as the official planners wrote, stating their objective in bold capital letters: "ULTIMATELY TO GAIN COMPLETE CONTROL." It sounds like a joke but it's not.

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The Politics of Heroin; CIA Complicity In The Global Drug Trade

October 23rd, 2008

Paul DeRienzo

[INTERVIEW] Alfred W. McCoy is professor of Southeast Asian History at the University of Wisconsin, Madison. Educated at Columbia and Yale, he has spent the past twenty years writing about Southeast Asian history and politics. Mr. McCoy participated in Causes and Cures: National Teleconference on the Narcotics Epidemic Saturday, November 9 1991, at Marble Collegiate Church in Manhattan.

PD: How did you come to write The Politics of Heroin; CIA Complicity In The Global Drug Trade? AM: In 1971 I was a graduate student doing Southeast Asian History at Yale University. An editor at Harper & Row, Elisabeth Jakab, read some articles in a volume I had edited about Laos, which made some general references to the opium trade in Laos.

She decided this would be a great idea for a book and asked me to do a background book on the heroin plague that was sweeping the forces then fighting in South Vietnam. We later learned that about one third of the United States combat forces in Vietnam, conservatively estimated, were heroin addicts.

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Have Fun Bending Over for the Catch 22

October 22nd, 2008

Les Visible

Tap, tap, tap….. Hmmmm… finger drumming on the table top… restless stretching and reaching… got an itch under my shoulder blade… confusion… a little I guess. Like ‘tells’ in poker, I’m getting some reads but the betting doesn’t reflect the hands I’m seeing when I call. What’s going on? I guess I can’t ask Marvin Gaye. You know what? I think I’m just going to take a little walk through my head and see what the ping pong ball has to say. I know it’s used to going back and forth and then there’s the spin thing. I’m pretty good at ping pong and the other things you learn growing up on military bases and being locked up for long periods of time. I’m not the sort of person you want to play Nine Ball with.

Having your head handed to you since before you could walk will make you scared of everything for awhile. Sooner or later you get angry and people die, maybe you die too or you learn to channel it. I guess I’m lucky that way. As erratic as I have been getting to where I am… I think it’s safe to say I learned on the way or I wouldn’t be here now.

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Laws should protect animals

October 14th, 2008

Dan Kapelovitz, Jill Ryther and Jaimie Bryant


Assembly Bill 2296’s punishment of speech may lead activists to more violence to make their voices heard

Members of the campus community recently received an e-mail from UCLA Chancellor Gene D. Block extolling the virtues of Assembly Bill 2296, a new law that restricts the speech of animal-rights activists (whom he calls “anti-animal research extremists”) in order to protect animal researchers. As this law moved toward passage, much was said about the fear animal researchers feel when confronted by protestors. By contrast, few have commented on the pain and terror experienced by animals used in experiments or have explained why there is protest against animal research at UCLA and other institutions in the first place.

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Voices

Voices

  • Fred Gransville In 2025, globally, corporations will continue milking the rising tide of environmental awareness. By publicizing green projects and declaring themselves sustainable, many firms portray themselves as saviors of the planet. However, all…
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  • Fred Gransville The More It Changes, the More It Stays the Same. "Rebellion" of Status Quo. Social Justice via Corporate Hegemony, Neoliberalism, Global Elites, Political Rhetoric, Think Tanks, Corporate State, Faux Democracy, Anti-Human Rights, Empire…
  • Janet Campbell Image via Freepic Starting a business in your community offers the unique opportunity to create something meaningful while building connections with those around you. It begins with understanding the needs of your area and aligning your…
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  • Paul Craig Roberts Dear Friends, I am as tired of challenging and distressing news as you. Today there is a treat instead. The treat is “the Tall Texan,” the American pianist Van Cliburn playing Tchaikovsky’s First Piano Concerto at the first Soviet…
  • by Ellen Brown North Dakota is staunchly conservative, having voted Republican in every presidential election since Lyndon Johnson in 1964. So how is it that the state boasts the only state-owned bank in the nation? Has it secretly gone socialist? No.…
  • Dr. Althea Mentes An Exposé of The Brain Police Mental health care has always been in conflict and dispute, struggling with deep-seated cultural perceptions, changing medical practices, and a growing tide of mighty industry profit. What is often…
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