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In Solidarity
Binu
Busted American Dreams
By Jonathan Franklin
www.countercurrents.org/franklin041008.htm
American housing meltdown, a report from Hollywood, Florida, which may be representative of the general crisis felt across America
Bail Out The Homeowners!
By Paul Craig Roberts
www.countercurrents.org/roberts041008.htm
The bailout is focused on the wrong end of the problem. The bailout should be focused on the origin of the problem, the defaulting homeowners. The bailout should indemnify defaulting homeowners and pay off the delinquent mortgages. Stopping the problem at its origin would restore the value of the mortgage-based derivatives and put an end to the crisis
US House Backs Wall Street Bailout
By Bill Van Auken
www.countercurrents.org/auken041008.htm
In its second vote in five days, the US House of Representatives approved a massive bailout package for the major banks and finance houses. The legislation, passed by a vote of 263 to 171 Friday afternoon, gives US Treasury Secretary Henry Paulson virtually unrestricted powers to use at least $700 billion to buy up largely worthless paper assets from Wall Street using taxpayers’ money
We Had Alternatives
By Dennis Kucinich
www.countercurrents.org/kucinich041008.htm
Statement presented on the floor of The House of Representatives after Congressman Kucinich voted against the Wall Street bail out plan, H.R. 1424, the Emergency Economic Stabilization Act of 2008
The American People Tsunami Against A Wall Street Bailout
By Partha Banerjee
www.countercurrents.org/banerjee041008.htm
Thousands of ordinary, working-class Americans across the country woke up and staged a massive rebellion against the bill. Henry Paulson, Nancy Pelosi, Chris Dodd, Roy Blunt or John Boehner didn’t anticipate the tsunami. Online chat rooms and street corner rallies alike were filled with people expressing their abomination and outrage at the elite’s attempt to let the Wall Street con artists off the hook
The Killing Horizon: Capitalism At The Expense Of All Life
By Juan Santos
www.countercurrents.org/santos041008.htm
You decide who and what nurtures us all and who and what destroys us. You decide. Is it saner to hug a tree, a cold stone building on Wall Street, or a stock certificate? Look at it. You decide. Everything that matters to you depends on the nature of your decision
Grassroots Movements, Global Elites And Political Economy In Times Of Panic
By Pablo Ouziel
www.countercurrents.org/ouziel041008.htm
The first thing we must all do is acknowledge that the financial panic we are facing is a lot deeper than what is presented through the media, and understand that the problem is systemic. The sooner we come to terms with this, the sooner we will be able to find real solutions. Developed countries are living way over their means and no matter how we try to prop it up, sooner or later the deck of cards is going to collapse. From my humble opinion, the sooner that happens the better, because with everyday that passes, the eventual landing gets much more painful
Life After Bush: Forecasting Peace In Palestine
By Ramzy Baroud
www.countercurrents.org/baroud041008.htm
There are no signs that change, true change, is coming, regardless of who wins the White House and regardless of who rules Israel. The fact remains that the relationship that governs the US-Israeli love affair is much more convoluted, deep-rooted, and institutionalized to be affected by the exit of one man and the advent of another
Israel’s Army And Settlers Fall Out
By Jonathan Cook
www.countercurrents.org/cook041008.htm
The Israeli army officer in charge of the occupation of the West Bank, Gen Gadi Shamni, has lambasted extremist Jewish settlers, blaming rising levels of violence on the encouragement of their leadership and right-wing rabbis. It is rare for a senior commander to speak so critically of the settlers, many of whom themselves serve in senior positions in the army
Patriarchy With A Woman’s Face
By Jorge Majfud
www.countercurrents.org/majfud041008.htm
Millions of women who previously supported Hillary Clinton have gone over to the Republican side. The electoral market, like on other occasions, is nourished by the contradictions of its consumers: those women who passionately defend in the media and in the cafes their support for a woman as a strategic advantage for the feminist movement without caring that that woman represents the exact opposite, may signify for the more sophisticated a demonstration of false consciousness, of complete manipulation. Something along the lines of women’s liberation through the consolidation of patriarchy, or the feminization of feminism
Malegaon, Modasa And Mehrauli Blasts: The Hindutva Connection?
By Subhash Gatade
www.countercurrents.org/gatade041008.htm
The latest bomb blasts in Malegaon have seen four deaths wherein a motorcycle parked near old SIMI office which was laden with explosives exploded killing four people on the spot. It was worth noting that the people living in the vicinity of the Chowk had informed the police about this unclaimed motorcycle standing there for hours together. But the police did not bother to turn up and reached the place only after the blast
Others Among Us
By Suroor Mander
www.countercurrents.org/mander041008.htm
We have forced a community to stand up and condemn every act allegedly done by their fundamentalists; expecting this from the educated, the literate, the clerics and the ignorant. However, we don’t have any such expectation from Hindus against violence perpetuated by fundamentalists from their community
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