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Countercurrents is celebrating its 7th anniversary today. We take this occasion to thank all our readers, commentators, well wishers and especially our writers who contribute day by day, little gems of insight and reason . It’s with your support we have reached where we are today. But we know, we have a long to go, especially in these troubled times. We want to light a little lamp of hope for the billions of people and all other species with whom we share our existence on this planet. We have to preserve this beautiful place for the future. Ours is a muffled forlorn cry in the cacophony of voices in the vast landscape of the internet. Will you help us to make our voice heard a little louder? You can do so by making a little contribution to our efforts, financially or otherwise. We encourage you all who are capable to become our paid subscribers by contributing just $ 50, or the equivalent of whatever currency at your disposal , a year. Since the financial meltdown has started our financial contributions have virtually stopped. Why not give us a little birthday present by joining our subscriber programme? This could be of great help in this difficult phase that CC is going through. You can do so by visiting this url.www.countercurrents.org/subscription.htm

In Solidarity
Binu

Earth Hour Puts Focus On Climate Change Saturday
By AFP
www.countercurrents.org/afp270309.htm
Millions of people across the globe will kill their lights for one hour this Saturday, in what organisers hope will be a resounding call for tough action on climate change

Netanyahu And The ‘Future Of The Peace Process’
By Ramzy Baroud
www.countercurrents.org/baroud270309.htm
Overlook the names and the titles, most Israeli major party leaders are one and the same; even their language is equally archaic and confrontational. Therefore, one fails to appreciate the panic over the ‘future of the peace process.’ As far as Gaza, for example, is concerned, it matters little whether the over 1400 people killed in 22 days were blown up by a Likud Revisionist, pulverized by a Labor dove, or bombed by a Kadima peacemaker, a fact that an envoy like Blair doesn’t seem to understand

Obama’s Latest No Banker Left Behind Scheme
By Stephen Lendman
www.countercurrents.org/lendman270309.htm
The wrong choices are trillions more in handouts, reckless money creation, dollar debasing, and an eventual inflation destroying the purchasing power for millions. So far, that’s where Congress and Obama’s money managers are heading us, and already the bill for their actions is past due

Is The Bail Out Breeding A Bigger Crisis?
By Paul Craig Roberts
www.countercurrents.org/roberts270309.htm
The Bush/Obama approach to the crisis in the financial sector is to monetize existing debt and to accumulate enormous new debt that will likely also require monetization. The monetization threatens inflation, high interest rates, and depreciation of the US dollar and loss of its reserve currency role. The accumulation of new public debt implies larger annual interest payments that could make future deficit reduction problematic. Clearly, the Obama administration needs to broaden its perception of the predicament to which financial deregulation and offshoring have brought the US economy

The Big Con On Iraq
By Gareth Porter
www.countercurrents.org/porter270309.htm
Despite President Barack Obama’s statement at Camp LeJeune, North Carolina Feb. 27 that he had “chosen a timeline that will remove our combat brigades over the next 18 months,” a number of Brigade Combat Teams (BCTs), which have been the basic U.S. Army combat unit in Iraq for six years, will remain in Iraq after that date under a new non-combat label

Marxism And Finitude
By Thomas Riggins
www.countercurrents.org/riggins270309.htm
A review of Simon’s Critchley’s Remarks on Quentin Meillassoux’s AFTER FINITUDE

Pampering The Rich, Insuling The Poor
By Vidyadhar Date
www.countercurrents.org/date270309.htm
London and New York are tackling serious problems of urban poverty. In Mumbai though poverty is on a much larger scale it is nowhere on the agenda of the ruling class. India’s politicians and upper class remain obsessed with making Mumbai and other metropolises into world class cities with glamorous projects, never mind the neglect of basic needs of the people

Relevance Of Bhagat Singh In Modern India
By Shobha Shukla
www.countercurrents.org/shukla270309.htm
During his trial in the court, Bhagat Singh said that India ’s struggle for freedom cannot be carried out in isolation. It will have to be linked and influenced by other international movements and happenings. This concept of International Solidarity is very important today, when we talk of the world as a global village. Yet our leaders are sadly lacking in ideological condemnation of anti people regimes. We tend to be guided more by economic self gains rather than by valued principles

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