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CounterCurrents Newsletter 30 October, 2008 – World Tires Of Rule By Dollar

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Binu

Three Immediate Crises – Market Failure And Green New Deal
By Bill Henderson
www.countercurrents.org/henderson301008.htm
We face three crises each of which needs mitigation immediately- the economic crisis, the end of cheap energy and climate change threatening runaway global warming

World Tires Of Rule By Dollar
By Paul Craig Roberts
www.countercurrents.org/roberts301008.htm
What explains the paradox of the dollar’s sharp rise in value against other currencies (except the Japanese yen) despite disproportionate US exposure to the worst financial crisis since the Great Depression? Read on, here is the answer

The 2008 US Recession, Military Keynesianism
And The Wars In The Middle East
By Peter Custers
www.countercurrents.org/custers301008.htm
Nouriel Roubini, the Wall Street economist who has gathered world fame by predicting the current world financial crisis, has already warned that the US economy may end up as a ‘war economy’, just as happened during the 20th century world wars. Clearly, it is time economists catch up, and engage in debate on the military underpinnings of economic policymaking in the US and beyond

Marxism And The Economic Crises
By Rohini Hensman
www.countercurrents.org/hensman301008.htm
It is possible to get out of this recession without allowing it to become a depression if enough people press for decisive action along these lines. Eventually, another crisis will come along, of course: that is the nature of capitalism. But we can deal with that problem when we get to it!

Twelve Reasons To Reject Obama And Support Nader/McKinney
By James Petras
www.countercurrents.org/petras301008.htm
The intellectuals who, in the name of ‘realism’, support a politician who publicly and openly embraces new wars, billionaire bailouts and for profit, private sector-run health programs are repudiating their own claims as ‘responsible critics’. They are what C. Wright Mills called ‘crackpot realists’, abdicating their responsibility as critical intellectuals. In purporting to support the ‘lesser evil’ they are promoting the ‘greater evil’: The continuation of four more years of deepening recession, colonial wars and popular alienation

Obama The Stalker
By Joel S. Hirschhorn
www.countercurrents.org/joel301008.htm
No presidential candidate has ever used massive amounts of money to so effectively stalk voters. You cannot escape the Obama sales pitch wherever you are, whatever you watch, whatever you read. His campaign will go down in American history as the most successful advertising and marketing effort to sell a product

Israel Bars Visit To Father’s Grave
By Jonathan Cook
www.countercurrents.org/cook301008.htm
Salwa Salam Qupty clutches a fading sepia photograph of a young Palestinian man wearing a traditional white headscarf. It is the sole memento that survives of her father, killed by a Jewish militia during the 1948 war that established Israel.”He was killed 60 years ago as he was travelling to work,” she said, struggling to hold back the tears. “My mother was four months pregnant with me at the time. This photograph is the closest I’ve ever got to him.” Six decades on from his death, she has never been allowed to visit his grave in Galilee and lay a wreath for the father she never met

Execution Of 47 In Kafr Qassem Commemorated
By Jonathan Cook
www.countercurrents.org/cook301008A.htm
In a conflict that has produced more than its share of suffering and tragedy, the name of Kafr Qassem lives on in infamy more than half a century after Israeli police gunned down 47 Palestinian civilians, including women and children, in the village

Neoliberalism And Hindutva
By Shankar Gopalakrishnan
www.countercurrents.org/shankar301008.htm
Fascism, free markets and the restructuring of Indian capitalism

Repression Escalates: Reporter Pedro Matías
Kidnapped And Tortured In Oaxaca
By Scott Campbell
www.countercurrents.org/campbell301008.htm
Pedro Matías, a well-known reporter who writes for Noticias, a local daily paper, as well as the national weekly Proceso, was kidnapped, beaten, tortured and robbed on Saturday night in Oaxaca

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