Archive for September, 2011
by Tom Burghardt
The partisan furor surrounding the collapse of solar equipment manufacturer Solyndra, a Fremont, Calif. firm which secured a $535 million government loan from the Energy Department, underscores congressional hypocrisy when it comes to widespread cronyism and corruption.
The Washington Post reported that “The Obama White House tried to rush federal reviewers for a decision on a nearly half-billion-dollar loan to the solar-panel manufacturer Solyndra so Vice President Biden could announce the approval at a September 2009 groundbreaking for the company’s factory, newly obtained e-mails show.”
by Dr. Paul Craig Roberts
Have you ever before heard of the Haqqanis? I didn’t think so. Like Al Qaeda, about which no one had ever heard prior to 9/11, the “Haqqani Network” has popped up in time of need to justify America’s next war–Pakistan.
President Obama’s claim that he had Al Qaeda leader Osama bin Laden exterminated deflated the threat from that long-serving bogyman. A terror organization that left its leader, unarmed and undefended, a sitting duck for assassination no longer seemed formidable. Time for a new, more threatening, bogyman, the pursuit of which will keep the “war on terror” going.
by Adrian Salbuchi
In the US, we see untold millions suffering from the impact of mass foreclosures and unemployment; in Greece, Spain, Portugal, Ireland, and Italy, stringent austerity measures are imposed upon the whole population; all coupled with major banking collapses in Iceland, the UK and the US, and indecent bail-outs of “too-big-to-fail” bankers (Newspeak for too powerful to fail).
No doubt, the bulk of the responsibility for these debacles falls squarely on the shoulders of caretaker governments in these countries that are subordinated to Money Power interests and objectives. In country after country, that comes together with embedded corruption, particularly evident today in the UK, Italy and the US.
by Bill Van Auken
President Obama delivered an empty and arrogant sermon to the United Nations Wednesday, laced with platitudes about “peace” that were designed to mask Washington’s predatory policies.
The American president received a tepid response from the assembled heads of state, foreign ministers and UN delegates. Not a single line in his speech evoked applause. The novelty of two years ago, when Obama made his first appearance before the body posing as the champion of multilateral-ism in contrast to Bush, has long since worn off. As the world quickly learned, changing the occupant of the White House did little to shift the direction of American foreign policy or curb the spread of American militarism.
by John Pilger
Looking for a bookshop that was no longer there, I walked instead into a labyrinth designed as a trap. Leaving became an allusion, rather like Alice once she had stepped through the Looking Glass. Walls of glass curved into concentric circles as one “store” merged into another: Armani Exchange with Dinki Di Pies. Exits led to gauntlets of more “offers” and “exciting options”. Seeking a guide, I bought a lousy pair of sunglasses: anything to get out. It was a vision of hell. It was a Westfield mega mall.
by Dr. Ali Kadri
Despite vast financial wealth, natural and human resources, the Arab World remains underdeveloped and more than half the population is condemned to a life of poverty.
Instead of underdevelopment, a more fitting concept that would capture the recent historical phase would be that of reverse development or de-development. De-development represents a combination of retrogression in the build-up of physical capital and a denial of the right of people to struggle to build a better life by repression and absolute authoritarianism. Although capital accumulation entails a blend of expansion of market driven forces (commodity realisation) and development by encroachment and dispossession (control by violent means including imperial plunder of third world resources), in the Arab world, the latter pattern of accumulation held primacy, hence, determining the pace of development altogether.
by Jim Miles
This week at the UN – if the U.S. push to disable the process does not succeed – a vote will be taken on Palestinian statehood. The U.S. has already stated that it will veto any vote that supports Palestinian statehood. So why take the vote if that is the end result?
by Prof. William K Black and James J Puplava
William Black: Why Nobody Went to Jail During the Credit Crisis
The FBI is no longer chasing white collar criminals
Jim welcomes Professor of Economics and Law William Black to Financial Sense Newshour. He explains to Jim why no one has gone to jail four years after the beginning of the historic Credit Crisis. Professor Black believes that the level of corruption and fraud is so pervasive that very few of the guilty will ever be brought to justice.
by Dr. Bill Friend
I knew it would happen.
I knew that the tenth anniversary of 9/11 would bring back some things I hadn’t seen since the months following that September day in 2001.
There were the flags posted on peoples homes, flags used as markers up people’s walkways, and flags flying from car antennas and pasted on rear view windows.
My community lost eighteen men and women in the WTC towers that day, and they certainly have a right to remember and mourn in their own ways.
by Rady Ananda
On Sept. 6, the European Union’s top court paved the way for farmers and beekeepers to recoup losses when their crops or honey become genetically contaminated from neighboring GM fields.
The European Court of Justice ruled that all food products containing GMOs – whether intentional or not – must undergo an approval process.
This marks a much stricter view than that being pushed by European Union Commissioner for health and consumer affairs, John Dalli, who wants no regulation of foods genetically contaminated “by accident,” a ludicrous idea given that coexistence ensures genetic contamination.







