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China in closed door negotiations to purchase Mexican crude oil without using US Dollars

September 24th, 2012

Von Helman


the Pemex CEO Juan Jose Suarez Coppel

Sources inside the Mexican government refuse to confirm that the Mexico government has been in secret negotiations with China over possible crude oil sales to China without using the US dollar.

China officials claim meetings held with the Mexican government and Petróleos Mexicanos (or Pemex) are for investment and economic growth inside Mexico. Crude oil purchases fall under this heading however officials on both sides in the past have stopped short of publicly discussing crude oil or any talks related to any special agreements relating to crude oil purchases.

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Score One for Hedges v. Obama

September 24th, 2012

by Stephen Lendman


Southern District of New York federal Judge Katherine B. Forrest

On July 20, 1969, Neil Armstrong called his Apollo 11 landing "one step for man, a giant leap for mankind."

Hedges v. Obama perhaps reflects a baby step, if temporary, for justice.

On September 12, Southern District of New York federal Judge Katherine B. Forrest blocked Obama's indefinite detention law.

In her 112-page ruling, she called it "facially unconstitutional: it impermissibly impinges on guaranteed First Amendment rights and lacks sufficient definitional structure and protections to meet the requirements of due process."

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Long Knives Target Iran

September 24th, 2012

by Stephen Lendman


Mohammad Mossadeq

Some background:

February 11, 2012 marked the 33rd anniversary of Iran's 1979 revolution. It ended a generation of repressive rule under Washington's installed Mohammad Reza Shah Pahlavi.

In 1953, CIA operative Kermit Roosevelt, Theodore Roosevelt's grandson and Franklin's cousin, engineered the Agency's first coup. Democratically elected Mohammad Mossadeq was ousted. The New York Times called him Iran's "most popular politician."

As late as 1977, Jimmy Carter declared Iran an "oasis of stability." He ignored years of brutal Shah repression. In January 1979, he fled the country. Ayatollah Khomeini returned. He proclaimed the Islamic Republic with overwhelming public support.

US officials thought they could control him. They thought wrong. Iran was free from Western dominance and didn't look back. Tensions escalated. Washington planned regime change. It remains US policy.

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New Challenges Grip Lebanon’s Palestinian Camps

September 24th, 2012

Franklin Lamb

Shatila Camp

The Sabra-Shatila Massacre: it seems like a dozen weeks, not 30 years ago. This year American citizens received messages to stay away from Beirut and the annual commemoration of the Israeli facilitated Massacre at Sabra-Shatila from their State Department and Beirut Embassy. The latter’s staff on 9/19/12 completed destroying sensitive documents and packing all non-essential items. The French government too told its citizens not to come to Beirut or participate in “mass gatherings because of concerns over sudden random violence”.

But they came. Despite the well-meaning admonitions from their governments, they came in numbers greater than ever before. They came to bear witness with the survivors and their families to the horror of this crime against Palestinians and to plead for justice.

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One year after Troy Davis, more injustice on death row

September 23rd, 2012

Mary Shaw

September 21 marked the one-year anniversary of the death of Troy Davis. Davis was executed by the state of Georgia for a crime he probably did not commit. Davis's original trial was flawed, and there was no physical evidence linking him to the crime. His conviction was based solely on questionable testimony by witnesses, most of whom later recanted or contradicted their stories. Everyone from Jimmy Carter to the Pope had issued calls for clemency in his case. But the authorities killed him anyway.

Now Missouri is pursuing a very similar case, with death row inmate Reggie Clemons. As with the Davis case, there is no physical evidence linking Clemons to the crime for which he was convicted, and his conviction was based solely on witness testimony. One witness had been a former suspect in the case. In other words, here too there appears to be reasonable doubt as to the defendant's guilt.

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The Summer of Muslim Discontent: It’s Not “The Amateur Film” Stupid[1]!

September 23rd, 2012

James Petras

Introduction

The so-called “Arab Spring:” is a distant and bitter memory to those who fought and struggled for a better world, not to speak of the thousands who lost, life and limb.

In its place, throughout the Muslim world, a new wave of reactionaries, corrupt and servile politicians have taken the reins of power buttressed by the same military, secret police and judicial power who sustained the previous rulers[2]. Death and destruction is rampant, poverty and misery has multiplied, law and order has broken down, retrograde thugs have seized political power, where previously they were a marginal force. Living standards have plunged, cities are devastated and commerce is paralyzed. And presiding over this “Arab Winter” are the Western powers, the US and EU, - with the aid of the despotic Gulf absolutist monarchies, their Turkish ally and a motley army of mercenary Islamic terrorists and their would-be exile spokespeople.

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ACLU Sues CIA Over Drone Killings

September 23rd, 2012

by Stephen Lendman

Unmanned aerial vehicles (UAVs) have been around since the Vietnam era. They were used as reconnaissance platforms. In the 1980s, Harpy air defense suppression system radar killer drones were employed. In the Gulf War, unmanned combat air systems (UCAS) and X-45 air vehicles were used. Others were deployed in Bosnia in 1995 and against Serbia in 1999. America's new weapon of choice is now commonplace in Iraq, Pakistan, Afghanistan, Libya, Somalia, Yemen, elsewhere abroad, and domestically for law enforcement and surveillance. Escalated domestic and foreign use is planned.

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Why QE3 Won’t Jumpstart the Economy - and What Would

September 23rd, 2012

by Ellen Brown

The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers—but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives.

The Fed’s announcement on September 13, 2012, that it was embarking on a third round of quantitative easing has brought the “sound money” crew out in force, pumping out articles with frighting titles such as “QE3 Will Unleash’ Economic Horror’ On The Human Race.” The Fed calls QE an asset swap, swapping Fed-created dollars for other assets on the banks’ balance sheets. But critics call it “reckless money printing” and say it will inevitably produce hyperinflation. Too much money will be chasing too few goods, forcing prices up and the value of the dollar down.

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Bailout Fraud and Unaccountability

September 23rd, 2012

by Stephen Lendman

On December 8, 2008, the Senate confirmed Neil Barofsky's nomination as Troubled Asset Relief Program (TARP) watchdog. He assumed the post of SIGTARP (Special Inspector General for TARP).

On July 20, 2009, he estimated the $700 billion bailout fund could balloon to $23.7 trillion. Obama administration secrecy conceals what's essential to reveal. Over $9 trillion is known. Some analysts think true figures may be three times that amount. Only crooked bankers and corrupt bureaucrats know for sure.

In February 2009, Barofsky submitted an initial report to Congress. In the past two months, he said, Washington handed out hundreds of billions of dollars (like confetti) to troubled financial institutions.

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A View From 47%-land

September 22nd, 2012

by Kentw007

I've never written a letter to an elected official before, but I couldn't let a man running for President get away with personally insulting my family so I sent him the following letter. The sad thing is that he would have actually had an outside chance at getting my vote if he had ever bothered to actually give any kind of details as to what his economic plan is aside from "I'm going to get America back to work."

Dear Mr. Romney,

Allow me tell you a story about two members of “the 47%”.

In 2002, immediately upon returning from our honeymoon, my wife started working as the receptionist at a commercial real estate company. In the span of 5 short years she had worked her way up to being a key member of the marketing team, overseeing the work of several designers and coordinating with dozens of outside agencies.

In 2008, my wife lost her job. She lost her job because her company’s multimillionaire president, rather than attending to the rapidly escalating challenges the company was facing at the height of the real estate crash, decided to spend his time yachting around in the Mediterranean. In the meantime his company, which employed over 150 hard-working Americans, crashed and burned. I should also note that this company was bequeathed to him by his wealthy father, not built with his own two hands. He didn’t “build this”.

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Voices

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