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Today's Stories

February 20 / 22, 2004

Ghada Karmi
Sharon is not the Problem

February 19, 2004

Cecilie Surasky
Anti-Semitism at the World Social Forum? That's Not What I Saw

Ray McGovern
Iraq Hawks and Deceptive Intelligence: Did They Really Think They'd Get Away With It?

Tariq Ali
How Far Will Bush Go in Iraq?

Ralph Nader
Whither the Nation?

Wayne Madsen
Would Kerry Purge the Neo-Cons?

Norman Solomon
The Collapse of Dean's Cyber-Bubble

Christopher Brauchli
Cheney, Halliburton and the NYT

Mike Whitney
Bush's Iraq Strategy: "I Hope They Kill Each Other"

Lewis Carroll
Bush the Mighty Helmsman from Yale

Website of the Day
Sex Toy Horoscope

 

February 18, 2004

William Wilgus
Bush: AWOL and Dereliction of Duty

William Blum
Mush-Minded Liberals

Dave Lindorff
Bush's China Syndrome

Greg Weiher
Why is Kerry Getting a Pass?

Mike Griffin
Killing the Messenger: the AFL-CIO's Attack on Harry Kelber

Mark Hand
Kerry Tells Peace Movement to "Move On"

 

February 17, 2004

Mike Ferner
The Countryside Murders in Iraq

Mokhiber / Weissman
Corporation as Psychopath

Marjorie Cohn
DrakeGate: a Victory for Free Speech

Kurt Nimmo
Bush's Endgame: a Review of Chalmers Johnson's "Sorrows of Empire"

Greg Bates
Nader Ambush: a New Low for The Nation

Ximena Ortiz
A Bush Doctrine, of Sorts

Gary Leupp
Whatever Happened to Gen. Khazraji?

Sen. John Kerry
"The Cause of Israel is the Cause of America"

Steve Perry
Kerry 1, Drudge 0


February 16, 2004

James Johnston
Huddling with the Cheeseheads in a NASCAR World

Sara Eltantawi
To Wear the Hijab or Not

Bruce Anderson
Kevin Cooper and the Midnight Needle

Elaine Cassel
Feds on Campus: the Drake Subpoenas

Rahul Mahajan
Bush, Is the Tide Finally Turning?

Kevin Cooper
The Ritual of Death

Stan Cox
Goodbye, Howard Dean

Larry David
My War

Steve Perry
Bush and the Guard: the Cover-Up's the Thing

Website of the Day
Prison Patriots: Help This Vital Film Get Made


February 14/15, 2004

Alexander Cockburn
Milk Bars, Hollywood and the March of Empires

Jeffrey St. Clair
Oil Grab in the Arctic

William A. Cook
Faith-Based Fanatics

Stan Goff
Beloved Haiti

Dave Marsh / Lee Ballinger
Rock, Rap & the Election

Hughes / Weiher
Tupac, the Patriot Act and Me

Michael Colby
Bush v. Kerry: the Power Elite's Dream Ballot

Mickey Z.
Michael Moore's Lesser Party: the General and the Lieutenant

Josh Frank
Dean's Demise No Big Loss for the Left

Peter Wolson
The Politics of Narcissism

William James Martin
Clean Break with the Road Map

Daniel Estulin
Religious Extremism in Africa

Standard Schaefer
The Privatization of Culture: an Interview with Michael Hudson

Dave Zirin
Maurice Clarett Gets Off the Plantation

Tracy McLellan
Oprah's Birthday Greedfest

Poets' Basement
Holt, LaMorticella, Guthrie, Subiet and Albert

Website of the Weekend
Progressives Scorecard: Where Do the Dems Rank on the Issues That Matter?


February 13, 2004

Alan Maass
Kevin Cooper's Fight to Live

Karyn Strickler
McCarthyism in the Sierra Club

Annie Higgins
On a Street in America

Adam Federman
Democratic Snipers Target Nader

Mike Whitney
George W. Faces the Nation

Brian Cloughley
Our Imperial Leader Has Spoken

Website of the Day
Lying Action Figure Doll

 

February 12, 2004

Ray McGovern
George Tenet's Spin Cycle

Robert Jensen
Bush's Nuclear Hypocrisy

Saul Landau
Elegy to the Salton Sea

February 11, 2004

Cockburn / St. Clair
Hail, Kerry: Senator Facing-Both-Ways

Steve Perry
Bush v. Bush?

 

February 10, 2004

Kurt Nimmo
Inquisition in Iowa

Ron Jacobs
Politics and the Beatles: Don't You Know You Can Count Me Out (In)

Elizabeth Schulte
The Many Faces of John Kerry

Mickey Z
Meet the Oxmans: "The Rich Shouldn't Sleep at Night Either"

 

February 9, 2004

Michael Donnelly
Will Skull and Bones Really Change CEOs? Inside John Kerry's Closet

Chris Floyd
Smells Like Team Spirit: the Bush B-Boys Replay Their Greatest Hits

Bill Christison
What's Wrong with the CIA?

Dr. Susan Block
Janet Jackson's Mammary Moment: Boob Tube Super Bowl

 

February 7/8, 2004

Kathleen Christison
Offending Valerie: Dealing with Jewish Self-Absorption

Jeff Ballinger
No Sweat Shopping

Dave Lindorff
Spray and Pray in Iraq: a Marine in Transit

Alexander Cockburn
McNamara: the Sequel

February 6, 2004

Ron Jacobs
Are the Kurds in the Way?

Joanne Mariner
Anita Bryant's Legacy

Saul Landau
Happiness and Botox

Kurt Nimmo
Horror Non-fiction: A How-To Guide from Perle and Frum

Niranjan Ramakrishnan
The Real Intelligence Failure: Our Own

 

February 5, 2004

Benjamin Shepard
Turning NYC into a Patriot Act Free Zone

Khury Petersen-Smith
A Report from Occupied Iraq: "We Don't Want Army USA"

Mokhiber / Weissman
The 10 Worst Corporations of 2003

Teresa Josette
The Exeuctioner's Pslam? Christian Nation? Yeah, Right

David Krieger
Why Dr. King's Message on Vietnam is Relevant to Iraq

Christopher Brauchli
Monkey Business: Of Recess and Evolution in Georgia Schools

Norman Solomon
The Deadly Lies of Reliable Sources

Cockburn / St. Clair
Presenting President Edwards!

 

February 4, 2004

Brian McKinlay
Bush's Australian Deputy: Howard's Last Round Up?

Mark Gaffney
Ariel Sharon's Favorite Senator: Ron Wyden and Israel

Judith Brown
Palestine and the Media

Frederick B. Hudson
Moseley-Braun and the Butcher: Campaign for Justice or Big Oil's Junta?

Kurt Nimmo
Bush's Independent Commission: Exonerating the Spooks

M. Junaid Alam
Philly School Workers Fight for Fair Contract

Fran Shor
Whose Boob Tube?

Kevin Cooper
This is Not My Execution and I Will Not Claim It

 

 

February 3, 2004

Alan Maass
The Dems' New Mantra: What They Really Mean by "Electability"

Nick Halfinger
How the Other Half Lives: Embedded in Iraq

Rahul Mahajan
Our True Intelligence Failure

Neve Gordon
The Only Democracy in the Middle East?

Laura Carlsen
Mexico: Two Anniversaries; Two Futures

Terry Lodge
An Open Letter to Michael Powell from the Boobs & Body Parts Fairness Campaign

Hammond Guthrie
Investigating the Meaningless

Website of the Day
Waging Peace

 

 

February 2, 2004

Gary Leupp
The Buddhist Nun in Tom Ridge's Jail

Justin E.H. Smith
The Manners of Their Deaths: Capital Punishment in a Smoke-Free Environment

Tom Wright
The Prosecution of Captain Yee

Winslow Wheeler
Inside the Bush Defense Budget

Lee Ballinger
Janet Jackson's Naked Truth

Leonard Pitts, Jr
For Blacks, the Game of Justice is Rigged

Jeffrey St. Clair
The Hollow Candidate:
The Trouble with Howard Dean

Website of the Day
Resistance: In the Eye of the American Hegemon

 


Jan. 31 / Feb 1, 2004

Paul de Rooij
For Whom the Death Tolls: Deliberate Undercounting of Coalition Fatalities

Bernard Chazelle
Bush's Desolate Imperium

Jack Heyman
Bushfires on the Docks

Christopher Reed
Broken Ballots

Michael Donnelly
An Urgent Plea to Progressives: Don't Give in to Fear

Rob Eshelman
The Subtle War

Lee Sustar
Palestine and the Anti-War Movement

George Bisharat
Right of Return

Ray McGovern
Nothing to Preempt

Brian Cloughley
Enron's Beady-Eyed Sharks

Conn Hallinan
Nepal, Bush & Real WMDs

Kurt Nimmo
The Murderous Lies of the Neo-Cons

Phillip Cryan
Media at the Monterrey Summit

Christopher Brauchli
A Speech for Those Who Don't Read

John Holt
War in the Great White North

Mickey Z.
Clueless in America: When Mikey Met Wesley

Mark Scaramella
The High Cost of Throwing Away the Key

Tariq Ali
Farewell, Munif

Ben Tripp
Waiter! The Reality Check, Please

Poets' Basement
LaMorticella, Guthrie, Thomas and Albert

 


January 30, 2004

Saul Landau
Cuba High on Neo-Con Hit List

Michael Donnelly
Bush's Second Front: The War in the Woods

Elaine Cassel
Worse Than Jacko: Child Abuse at Gitmo

David Vest
More Halliburton News, Brought to You by Halliburton

Mike Whitney
The Kay Report: Still Defending Aggression

David Miller
The Hutton Whitewash

Sam Husseini
How Many People Must Die Because of This "Mistake", Senator Kerry?


January 29, 2004

Patricia Nelson Limerick
John Ehrlichman, Environmentalist

Ron Jacobs
Homeland Security and "Legalized" Immigration

Rahul Mahajan
New Hampshire v. Iraq

Greg Weiher
Bush Calls for Preemptive Strike on Moon and Mars

Norman Solomon
The State of the Media Union

Cockburn / St. Clair
Does NH Mean Anything?

 

January 28, 2004

Kathy Kelly
Bearing Witness Against Teachers of Torture and Assassination

 

 

 

 

 

 

 

 

 

 

 


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Sheldon Rampton and John Stauber
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Weekend Edition
February 20 / 22, 2004

Facing Off with the IMF and Global Bankers

Argentina Fights Back

By ROGER BURBACH

Buenos Aires.

President Nestor Kirchner of Argentina is emerging as the leading nemesis of the International Monetary Fund and the private financial speculators in South America. Assuming office in May 2003 with less than a quarter of the popular vote, he now enjoys 85% support in the opinion polls due in large part to his determination to take on the neo-liberal policies that lead to the country's economic collapse in 2001-2.

During the crisis Argentina defaulted on portions of its international debt that stands at over $140 billion. Kirchner has now thrown the G-7 nations, the leading capitalist countries, into a quandary with his declaration that the private investors who bought about $50 billion in government bonds in Argentina in the 1990s will receive only 25% of the face value of their bonds. Kirchner argues the bondholders gambled on Argentina during the heady days of the corrupt, neo-liberal government of Carlos Menem, when some bonds paid upwards of 30% annual returns. Caring little about what these exorbitant rates meant for the Argentine people, the Kirchner government argues the bondholders should now reap the results of their speculative adventures that helped fuel the boom and bust of the Argentine economy.

During 2002 and 2003 the IMF, the World Bank and other international financial institutions lent new funds to Argentina in hopes of keeping the country from opting out of the international financial system. There were even signs that some of the lending institutions were backing off from their history of enforcing dramatic cutbacks in basic social programs and balancing the budget on the backs of the poor. In early 2003, the Inter-American Development Bank lent $1.5 billion to help shore up the country's social programs, including the special government payments of about $50 a month to the heads of household who were unemployed. Due in large part to the government's decision to insist that the domestic economy came first and that social spending needed to be increased, the country's economy in 2003 grew at 7.5% percent after having contracted by over a quarter in 2001 and 2002.

However just last week the finance ministers of the G-7 nations who meet in Monterrey, Mexico, insisted the government must "be more flexible" in its debt renegotiations with the private bondholders. Beholden to the financial and political dictates of the G-7 countries, the IMF and the World Bank are both pressuring the government to change its approach. The IMF called the Economics Minister, Roberto Lavagna, to Washington to renegotiate the release of a loan for $8 billion later this month while the World Bank has already held up a loan for $5 billion that was scheduled for release on February 11.

The government however is giving few signs of budging and has hinted it may even suspend debt repayments to the IMF and the World Bank. On February 4, Lavagna released a report pointing out that these institutions continued to drain the country of financial resources even during the midst of a severe economic crisis. In 2002 and 2003, they lent $9.3 billion to the country while collecting $16.6 billion in old debt. In other words due to the repayment demands of institutions like the IMF and the World Bank the country suffered a net loss of over $7 billion.

The fact that Nestor Kirchner, a little known politician from the sparsely populated province of Santa Cruz, would take on the dominant international institutions is due in large part to the fact that the Argentine people have rebelled against prior governments and openly mobilized in the streets against the payment of the foreign debt to the IMF and its kindred institutions. A popular slogan in 2002 was "Que se vayan todos," meaning the entire political class and its international financial backers should be tossed out. International private banks like the Bank of Boston and Citibank were denounced in particular for their role in precipitating the country's crisis.

The Piqueteros are the leaders of this popular revolt. Comprised of the underclass that is suffering the brunt of the country's 20 percent unemployment rate, they pour into the streets blocking traffic to demand jobs, government assistance for their families, and land to grow their own foodstuffs. The political beliefs of the entire country have been shaken by the crisis. Popular assemblies, cooperatives, alternative currencies, worker-seized and run factories, along with a host of local self-help institutions have all taken root in the country as the people strive to over come their economic destitution. Jose Luis Coraiggo an economics professor at the National University of General Sarmiento in Buenos Aires who is studying the alternative economies declares: "These steps taken by people are largely defensive in nature. But they are the seeds of something new that could flourish if the government decided to make them the center piece a new peoples run economy."

Even the French foreign minister, Dominique de Villepin, who stood up to the Bush administration in the lead up to the Iraqi War, gave a nod to the new popular institutions in a recent visit to Argentina. He met with the Popular Assembly of San Anselmo in the province of Buenos Aires, announcing a special contribution to the Assembly's free popular dining center as well as to its educational and cultural programs. One of the country's most militant popular assemblies, a leader of the San Anselmo assembly told De Villepin: "We have taken the streets to end the economic model and interests that has impoverished Argentines and sold out our countryWe organized the assembly because we need to resist the efforts to privatize even the political spaces of participation." It was not specifically mentioned at the Assembly, but one of De Villepin's reasons for making this gesture was to try to protect French investments like the Argentine water company that was privatized during the Menem government.

The Piqueteros of Argentina are especially militant, often denouncing government programs as "reformist" at best, and for not going far enough to take on foreign interests and the economic groups that still dominate the country. In early February, several groups of Piqueteros seized the Labor Ministry, denouncing the government decision to eliminate the $50 a month payments to about 250,000 families. This occurred on the eve of the visit of Lavagne to Washington where he was to negotiate with the IMF on the dispersal of the new loan. The government says there were irregularities in many of these payments, but the Piqueteros are demanding a public review of the cases of those who were dropped from the roles.

"For the time being Kirchner maintains his high level of support," says Manrique Salvarrey, a political journalist who also works as a staff assistant in the Argentine congress. "But if he cedes too much to the IMF and does not carry out fundamental economic changes, the country could witness further political eruptions from groups like the Piqueteros."

Roger Burbach is the author of "The Pinochet Affair," published last year. In May, 2004 Zed Books will release a new book he wrote with Jim Tarbell, "Imperial Overstetch: George W. Bush and the Hubris of Empire."

 

Weekend Edition Features for February 14 / 15, 2004

Alexander Cockburn
Milk Bars, Hollywood and the March of Empires

Jeffrey St. Clair
Oil Grab in the Arctic

William A. Cook
Faith-Based Fanatics

Stan Goff
Beloved Haiti

Dave Marsh / Lee Ballinger
Rock, Rap & the Election

Hughes / Weiher
Tupac, the Patriot Act and Me

Michael Colby
Bush v. Kerry: the Power Elite's Dream Ballot

Mickey Z.
Michael Moore's Lesser Party: the General and the Lieutenant

Josh Frank
Dean's Demise No Big Loss for the Left

Peter Wolson
The Politics of Narcissism

William James Martin
Clean Break with the Road Map

Daniel Estulin
Religious Extremism in Africa

Standard Schaefer
The Privatization of Culture: an Interview with Michael Hudson

Dave Zirin
Maurice Clarett Gets Off the Plantation

Tracy McLellan
Oprah's Birthday Greedfest

Poets' Basement
Holt, LaMorticella, Guthrie, Subiet and Albert

Website of the Weekend
Progressives Scorecard: Where Do the Dems Rank on the Issues That Matter?

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