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Economic End Times

August 17th, 2011

by Stephen Lendman

Despite a deepening global depression, establishment economists are in denial. On June 9, the Wall Street Journal said those surveyed expected slow, steady growth through 2011, despite high US unemployment, a housing depression, European sovereign debt in crisis, and the unreported insolvency of major French and other banks.

On June 8, testifying before the House Budget Committee, Fed chairman Bernanke fantasized about 3.5% US growth through 2011, stopping just short of ruling out the possibility of recession he called "unlikely."

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Netanyahu Spurns Social Justice Demands

August 17th, 2011

by Stephen Lendman

Unaffordable housing prices ignited mass social justice protests in Israel. At issue is settlement developments at the expense of other construction, creating a supply/demand imbalance enough to cause prices to skyrocket. Israelis demand that issue be addressed responsibly.

In response, Netanyahu's government announced thousands of illegal new West Bank/East Jerusalem settlement units on stolen Palestinian land, harming them grievously. At the same time, he arrogantly ignored the urgency of addressing serious shortages in Tel Aviv, Haifa, West Jerusalem, and other Israeli cities.

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Tell Rick Perry that there was NO 'Texas Miracle'

August 17th, 2011

by Len Hart, The Existentialist Cowboy

As a fourth generation Texan, a descendent of Texas pioneers, I deny a favorite myth among the GOP inclined. There was no 'Texas Miracle' --a term cooked up in a GOP focus group, fly-by-night political consultants (perhaps from Chicago). It's BS. Fact is --not only has education dropped off the radar, Texas has run out of oil that can be pumped profitably; real jobs are as scarce as hen's teeth.

Frankly, I am surprised to learn that --as economist Paul Krugman points out --that in June 2011 the Texas unemployment rate was ONLY 8.2 percent. I had expected that it would have been higher. About that, economist Paul Krugman asks: "...what does population growth have to do with job growth?" Krugman is right to ask and the point is made as only Krugman can make it!

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Israeli Social Justice Protests Continue

August 17th, 2011

by Stephen Lendman

Ongoing since mid-July, America's media hardly notice, but indeed care as evidenced by their silence to suppress mass outrage over longstanding social injustice Israelis want changed.

What US print and broadcast media won't report, Israeli and other sources cover extensively, because what's ongoing is too significant to ignore. Happening at the same time across the Middle East, Europe, and elsewhere, it's just a matter of time before it erupts in America, most often a late bloomer.

However, when intolerable conditions reach a breaking point, people react, and without redress, do it violently.

So far in Israel, mass outrage has been contained. How much longer is at issue under a government that spurns them. It's much like in America where the corrupted two-party duopoly serves wealth and power only, ignoring growing need that sooner or later will explode.

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New York Times Disinformation, Denial and Suppressing Vital Truths

August 17th, 2011

by Stephen Lendman

America's "newspaper of record" makes painful reading for alternative media consumers, knowledgeable about what Times correspondents, opinion contributors and editorial writers misreport, conceal, or lie outrageously about.

For example, writer CJ Chivers' August 12 "Notes From the Front Lines" piece practically lionized cutthroat rebels, embedded with them to present their point of view only, saying:

"Just who are the rebels who have taken up arms against (Gaddafi), and how do they fight?" Instead of explaining accurately, Chivers discusses a battle, reading more like bad fiction than reality, pitting recruited NATO killers against a sitting government most Libyans support and will fight to save it.

But don't expect Chivers to explain. Instead, he enlists reader sympathy for a wounded insurgent, saying:

"Rebels fire rifles to suppress (Gaddafi's) soldiers...One of the rebels - his name is Hamid Shwaili - falls. He calls for help. Other rebels at a nearby building fire machine guns....as the wounded man's friends drag him back up (an) alley, to what appears to have been a small garage, where doctors try to administer immediate aid."

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Israeli Persecution of Palestinian Children

August 17th, 2011

by Stephen Lendman

Repeatedly in many ways, the real Israel belies the myth of a free, open, democratic state. In fact, the very notion is ludicrous even to growing numbers of fed up Israelis, voting with their feet and leaving.

As a result, it's no exaggeration calling Israel a failed state, a topic Noam Chomsky addressed in one of his many books.

Titled "Failed States," he listed characteristics they all share, including:

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Dire State of of America's Children

August 17th, 2011

by Stephen Lendman

A new Children's Defense Fund (CDF) report shows the dire state of children in America today. Titled, "The State of America's Children: 2011," it can be accessed in full through the following link:

http://www.childrensdefense.org/child-research-data-publications/data/state-of-americas-2011.pdf

Focusing mainly on 2008 - 2010, it ranked America among industrialized countries "investing in and protecting children" as follows:

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London Riots and the Big Picture

August 17th, 2011

Gilad Atzmon

It is astonishing to find that the British press that is so quick to tell us about the ‘true’ nature and motivations behind each mass protest in the Arab world, is somehow intellectually lame in its attempt to grasp their own huge scale riots at home. Until now, I have failed to see even a single worthy analytical attempt to understand the full meaning or significance of the current violent events taking place on the streets of cities all over the UK. British papers have been outlining the events as being driven by, associated with, and defined by hooliganism. They talk to the victims, and sometime even manage to interview some protagonists and perpetrators.

But, amongst such shallow, sensationalist coverage, we are still missing the most important information. What is the demography of the riots? Who is leading it? Does it have any leaders? Is there an ideology behind it all? Why do they loot, what do they loot, and from whom do they loot? And most importantly, what is the meaning of it all?

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Congressional Junkets to Israel

August 17th, 2011

by Stephen Lendman

Eighty-one House members, one fifth of the chamber, will visit Israel during the traditional summer recess, instead of addressing festering local issues at home during the nation's gravest economic crisis too serious to ignore.

Arriving first were 26 Democrats together, including Minority Whip Steny Hoyer (MD). Another 55 Republicans will follow in two groups, including 47 freshmen.

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Riots in UK could Forshadow Riots in US

August 16th, 2011

Tim Gatto

The British government has charged that the riots are being caused by an increase in “criminality”. This is patently ridiculous. What is the difference in London or Manchester now than last year? If these riots are presumed to be the act of “criminals”, then what triggered these “criminals” to riot? If “criminality” is the reason why people are on the streets destroying neighborhoods and looting shops, why is it happening all over the country? Did the “criminals” all get together and decide to stage a riot in different cities so that they could hone their “criminal” skills? There must be some underlying reason why people feel that they need to go out on the streets and break things and to steal from shopkeepers, or was this week just a moment where all the “criminals” decided to act out all at once? This is the supposition that the British Prime Minister, David Cameron is making. This is a situation that shows just how preposterous politicians can be.

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