Doug Henwood: Austerity in the face of weakness Pt.3 – Wages and the Crisis

28 August, 2010 — The Real News Network

Henwood: Aside from a period of four or five years in the late 1990s, real wages have been either flat or down for most of the last 3, 3.5 decades. That’s not good

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WAGES AND THE CRISIS
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Bio
Doug Henwood is the founder and editor of the Left Business Review; a contributing editor to the U.S. weekly The Nation; and author of several books, including Wall Street and After the New Economy.

Transcript

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Bernanke’s “Nuclear Option”: “Monetary Shock and Awe”: The Fed Prepared to Launch Most Radical Intervention in History By Mike Whitney

28 August, 2010 — Global Research

The equities markets are in disarray while the bond markets continue to surge. The avalanche of bad news has started to take its toll on investor sentiment. Barry Ritholtz’s “The Big Picture” reports that the bears have taken the high-ground and bullishness has dropped to its lowest level since March ‘09 when the market did a quick about-face and began a year-long rally. Could it happen again? No one knows, but the mood has definitely darkened along with the data. There’s no talk of green shoots any more, and even the deficit hawks have gone into hibernation. It feels like the calm before the storm, which is why all eyes were on Jackson Hole this morning where Fed chairman Ben Bernanke delivered his verdict on the state of the economy on Friday.

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Israelis Risk Jail to Smuggle Palestinians – 600 sign up for campaign of disobedience By Jonathan Cook

24 August, 2010 — Global ResearchThe National

Nearly 600 Israelis have signed up for a campaign of civil disobedience, vowing to risk jail to smuggle Palestinian women and children into Israel for a brief taste of life outside the occupied West Bank.

The Israelis say they have been inspired by the example of Ilana Hammerman, a writer who is threatened with prosecution after publishing an article in which she admitted breaking the law to bring three Palestinian teenagers into Israel for a day out.

Ms Hammerman said she wanted to give the young women, who had never left the West Bank, “some fun” and a chance to see the Mediterranean for the first time.

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Checkpoint: A Video Documentary By Yoav Shamir

28 August, 2010 — TheNMCdotcom

An ambulance is stopped, and the sick people inside brought out to explain their ailments. A mother is separated from her very young children. Young Palestinians laugh and throw snowballs at Israeli soldiers, who jovially respond in kind. One Israeli soldier harasses a pretty Palestinian girl. Another refers to the Arabs as “animals,” and suggests the documentary crew is making a film for the Discovery Channel. Palestinians wait in the pouring rain while an Israeli soldier eats his lunch.

Another young soldier gets into a prolonged argument with a Palestinian man because he’d told the man an hour earlier that he would be able to cross back over the checkpoint to return home, and now a curfew is in effect. After his superior reluctantly lets the man through, the embarrassed soldier turns to the filmmaker and pleads, “Try to make me look good…not like the bad guy.” Language barriers constantly interfere with the soldiers’ ability to do their jobs. “It’s not my decision,” is a constant refrain as they turn people away. Israeli filmmaker Yoav Shamir once served his army reserve duty as a checkpoint guard, which was what inspired him to make this documentary, Checkpoint. For 80 minutes, Shamir simply shows us videotape of what happens at the various checkpoints that the Israeli government operates, which are in place to regulate the travel of Palestinians, purportedly in an effort to combat terrorism.

The documentary uses no narration, and the soldiers and Palestinians at the checkpoints are never identified. The subtitles simply tell the audience where the checkpoint being videotaped is located.

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