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In Solidarity
Binu
No Bail Out For Wall Street Billionaires
By James Petras
www.countercurrents.org/petras290908.htm
The Treasury and Congress have inadvertently revealed that federal financing is readily available to rebuild the US economy, guarantee decent living wages and provide health care for everyone if we choose elective officials who are committed to the needs of the US workers and not the Wall Street billionaires
Grand Theft America
By Stephen Lendman
www.countercurrents.org/lendman290908.htm
The crime of the century. The greatest one ever. Author Danny Schechter calls it “Plunder.” The title of his important new book on the subprime and overall financial crisis. Economist Michael Hudson and others refer to a kleptocracy. A Ponzi scheme writ large. Maybe an out-of-control Andromeda Strain. An economic one. Deadly. Unrecallable. Science fiction now real life. Potentially catastrophic. World governments trying to contain it. Trying everything but not sure what can work. Maybe only able to paper it over for short-term relief. Buy time but in the end vindicate the maxim that things that can’t go on forever, won’t
We Have The Money- If Only We Didn’t Waste It On The Defense Budget
By Chalmers Johnson
www.countercurrents.org/johnson290908.htm
On Wednesday, September 24th, right in the middle of the fight over billions of taxpayer dollars slated to bail out Wall Street, the House of Representatives passed a $612 billion defense authorization bill for 2009 without a murmur of public protest or any meaningful press comment at all. The New York Times gave the matter only three short paragraphs buried in a story about another appropriations measure
Bailing Out Wall Street: The Ease Of The Disease Is More Seductive Than The Cure
By Reverend Eric Ivler Rubin
www.countercurrents.org/rubin290908.htm
According to economists and politicians in Washington DC, many of whom all responsible for the current collapse of the US economy, there is a unified mantra: “Bail out the financial institutions, or America as we know it is doomed.” But maybe America “as we know it” is not something the American people may want to keep!
Welcome To America’s Nightmare
By Timothy V. Gatto
www.countercurrents.org/gatto290908.htm
This corporate bailout isn’t for you and me; it’s for the corporations and the politicians that do their dirty work. So welcome to our collective nightmare
Fundamentals Of The Economy Are Solid… Remember?
By Rand Clifford
www.countercurrents.org/clifford290908.htm
September, 2008, a month that will live in infamy. A month where official purring about our economy’s solid fundamentals have erupted into official bayings about economic collapse. Financial markets are suddenly so choked with “toxic debt” that only a hasty trillion-dollar taxpayer Heimlich Maneuver “might” get credit flowing again
Hunter Better Than Nanavati
By R.B. Sreekumar
www.countercurrents.org/sreekumar290908.htm
The Nanavati Commission report deserves the description as a whitewashing document of the aggressors than the conclusion of an enquiry. This is an immature, partisan and inconclusive report which has a political motive. It can only be seen only as a predetermined script. The report hides the heinous acts of Gujarat Chief Minister Narendra Modi and co, who were the perpetrators of the violence
Some Bombs Get Defused
By Smita Gupta
www.countercurrents.org/gupta290908.htm
Just who is a terrorist? Definitions change when it comes to the Hindutva extreme
Delhi ‘Encounter’ Raises Tough Questions
By Praful Bidwai
www.countercurrents.org/bidwai290908.htm
It’s a matter of shame that India’s anti-terrorist police cells haven’t managed to rise above the suspicion that they prefer brutal and even barbaric methods over due process of law. Unless their anti- terrorist strategies and operations undergo radical reform, the minorities whom they selectively target will never feel secure or part of the national community as full citizens
Palestinian Economy: From Bad To Wretched
By Ramzy Baroud
www.countercurrents.org/baroud290908.htm
The numbers are grim, whether in the West Bank or the Gaza Strip. The Palestinian economy is in one of its most wretched states, and the disaster is mostly, if not entirely manmade, thus reversible
The Illusion Of Sovereignty
By Soraya Sepahpour-Ulrich
www.countercurrents.org/urlrich290908.htm
Perhaps sovereignty is relative; how else can one explain the subjugation of the most powerful industrial nations to the will of another while under the delusion of independence, national interest, democracy, and even capitalism? A single country, Israel and its powerful lobby AIPAC have altered the course of history in America and by extension, the rest of the world
“Peak Oil Preparation: Educating Family, Loved Ones, And Friends”
By Clifford J. Wirth
www.countercurrents.org/wirth290908.htm
Families that have a common understanding of Peak Oil problems can provide mutual support and group problem-solving, and they are more likely enjoy life and survive the Peak Oil catastrophe. Young people who understand Peak Oil are more likely to study what makes sense for the future. Informed people who are unemployed can work collectively for their future and use their resources for contingency planning, instead of looking to panaceas and technological fixes
After The Oil Crash: Evolution Of The Hill Folk
By Peter Goodchild
www.countercurrents.org/goodchild290908.htm
The decline in the world’s oil suply is only one aspect of the fact that the civilized world is in a decline that will last for eternity. Politicians have no wish to address all the unpopular issues, and the voters are told nothing by the mainstream news media. Salvation therefore can only be on the level of the individual or the small group. What exactly is one to do? The most obvious proposal might be to walk away from that civilized world, to head for the hills, build a log cabin, plant corn, raise chickens, weave blankets, whatever
Tom Friedman: Climate Change,
BAU, And Toxic Securities
By Bill Henderson
www.countercurrents.org/henderson290908.htm
Thomas Friedman is a powerful voice pushing previously mis-educated publics past the ‘new denial’, but unfortunately Friedman remains part of the problem because his hot, flat and crowded view of our world remains profoundly American-centric and the leadership change he advocates remains deck chair shuffling instead of a much needed renunciation of the Church of Business ever increasing control of all of our lives and the Church of Business dominance of government especially which is killing us
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