|
Today's
Stories
November 5
/ 6, 2005
Niranjan Ramakrishnan
Missing
the Bus: When Conscience Bows to Calculation
November 4,
2005
Jeffrey St.
Clair
Blood
on the Tundra, Betrayal in the Rotunda: Losing ANWR
Dave Lindorff
A Majority Now Favors Impeachment: If He Lied, He Must Be Tried
Phillip Cryan
Crackdown
in Colombia
Christopher Brauchli
Katrina and Tax Breaks for the Very Rich
William S.
Lind
Exit Strategy: You Can't Stay the Course in a Lost War
Daryl G. Kimball
Of Madmen and Nukes
George Beres
Laurels for Negroponte?
Peter Montague
Why We Can't Prevent Cancer
November 3,
2005
James Petras
The
Libby Affair and the Internal War
Saul Landau
Torn
Families and Shot Down Planes: a Cuba Story
Rep. Cynthia McKinney
An Occurrence at Gretna Bridge
Michael Dickinson
Bang! Bang! You're Deaf! Sonic Weapons Over Palestine
Joshua Frank
Sham Behind Closed Doors
Remi Kanazi
Dancing with Perseverance
Reza Fiyouzat
Taxation or Racketeering?
Website of the Day
CIA Leak Investigation: Bigger Fish, Deeper Water?
November 2,
2005
Cockburn /
St. Clair
Holy
Alito!: Not as Crazy as Scalia, But Just as Bad
Robert Oscar Lopez
Saving Rosa Parks from American Hypocrisy
John Walsh
The Philosophy of Mendacity: From Leo Strauss to Scooter Libby
Brian J. Foley
Why Most Americans Don't Care About Gitmo (and Why They Should)
Ramzy Baroud
Rolling Back Syria
M. Junaid Alam
What Moral Values?
Todd Chretien
Judgment Day for the Governator
Bruce K. Gagnon
The Democrats' Slap Happy Day
Website of the Day
Hands Off Dave!
November 1,
2005
Ron Jacobs
An
Interview with Kent State's Dave Airhart
Gary Leupp
The Plame Affair Leads to Rome
John Ross
Days
of the Dead on the Border
Bill Quigley
Why
Are They Making New Orleans a Ghost Town?
Joseph Nevins
From a Boundary of Death to One of Life
Dave Lindorff
Thinking About Impeachment
Linda S. Heard
Bashing Syria: Another Trojan Horse from the UN?
Heather Gray
Thank You, Mrs. Parks
Michael Dickinson
To Di For: Charlie and Camilla Cross the Pond
Jeffrey St. Clair
Kent State: Wise Up and Back Off
October 31,
2005
Elaine Cassel
Libby's
Lies
Mark Weisbrot
Pop Goes the Bubble: Bernancke and the Fed
Mike Whitney
Carry On, Patrick Fitzgerald
Norman Solomon
After the Libby Indictment, the Press Acquits Itself
Farooq Sulehria
Trading Weapons While Kashmir Burns
Nicole Colson
Scapegoating Immigrants
Madis Senner
Dhafir Sentenced to 22 Years: Another Erosion of Civil Rights
Paul Craig
Roberts
Scooter
and the Neocons
October 29 / 30, 2005
Cockburn /
St. Clair
The
Libby Indictment: Gotterdammerung for the Bushies?
Peter Linebaugh
The
Wedges of Hephaestus
Tim Wise
Framing the Poor: Katrina, Conservative Myth-Making and the Media
John Chuckman
Bushspeak: Dark and Garbled Words
Steven Higgs
Green Hoosiers: Forging a New Democracy in the Heartland
Brian Cloughley
The Fifth Afghan War
M. Shahid Alam
Israel and the Consequences of Uniqueness
Nikki Robinson
Crack Down at Kent State
Ralph Nader
Let the PIRGs Begin!: Student Activism Thrives
Joe DeRaymond
Requiem for Bethlehem Steel?
Joshua Frank
Karl's Great Escape: Did Rove Rat on Scooter?
Laura Santina
Tongue-Tied on Iraq: Why Aren't the Dems Screaming Bloody Murder?
Fred Gardner
Death of an Organizer
Michael Dickinson
Insult Your Country
Ron Jacobs
Autumn in America
Dr. Susan Block
Fear and Sex: a Halloween Greeting
Vanessa S. Jones
Self-Portrait, 1994. Bronte Beach
Jeffrey St.
Clair
Playlist: What I'm Listening to This Week
Poets' Basement
Marbet, Gardner, Ford, Albert, Engel, Krieger & St. Clair
Website of
the Weekend
Red State Update
October 28,
2005
Jared Bernstein
Inflation
Up; Wages Down: Fastest Decline in Wages on Record
Virginia Tilley
Embracing
the Anti-Aparthied Movement in Israel/Palestine
Phil Gasper
The
Race to Execute Tookie Williams
Jennifer Matsui
It's Mardi Graft Time!
Manual Garcia,
Jr.
Is the US Really Against Torture?
Monica Benderman
In the Name of Justice
Jason Leopold
Fitzgerald
Focuses on the Forgeries
Dave Lindorff
Suddenly, Bush Endorses Right of Fair Trials
Otober 27, 2005
Saul Landau
The
Scandal Isn't the Leak, But the Illegal War
Stuart Hodkinson
Bono
and Geldoff: "We Saved Africa" Oh No, They Didn't!
Ingmar Lee
Stop
the Troops!: No Glory or Honor in Iraq
Lila Rajiva
License
to Bill: Gates Does India
Ilan Pappe
The
Last Moment of Hope
Niranjan Ramakrishnan
Waiting for Fitzgerald
Michael Donnelly
Look Who's Talking Now: the GOP on Perjury
Ron Jacobs
Escape the Weight of Your Corporate Logo
Cockburn / St. Clair
White House in Meltdown
October 26,
2005
Kathy Kelly
For
Whom They Toll
Gary Leupp
Dialectics
of the Plame Affair
Mike Marqusee
Empire of Denial
Eric Ruder
War Crimes in Afghanistan
Patrick Cockburn
Iraq: a Constitutionally Divided Nation
Joshua Frank
Fitzgerald v. the Bushies: Hold Your Elation in Check
J.L. Chestnut, Jr.
The Legacy of Rosa Parks
Website of
the Day
Decent Work in America: the 2005 Work Environment Index
October 25,
2005
Paul Craig
Roberts
Condi
and Syrian Regime Change: Could Somebody Recommend a President?
Ken Sengupta / Patrick Cockburn
Attack on the Palestine Hotel
Conn Hallinan
Sleight of Hand: Iran, India and the US
Nafeez Mosaddeq Ahmed
Pulling the Court Strings
Jackie Corr
Barbara Bush: Poster Gorgon of the Houston Astros
Robert Day
Talk to Strangers
John Sugg
Judith
Miller and Me
October 24,
2005
Dave Lindorff
Revoke
Judy Miller's Pulitzer
Michael Donnelly
Shades of Iran/contra
Patrick Cockburn
A Nation Stands on Trial
Mike Whitney
Apres Rove
Norman Solomon
Iraq is Not Vietnam, But...
Bill and Kathleen
Christison
US
Foreign Policy and Palestine
October 22
/ 23, 2005
Alexander Cockburn
When
Divas Collide: Maureen Dowd v. Judy Miller
Billy Sothern
Letter
from the Circle Bar, New Orleans
Saul Landau
Bush, an Assessment
Ralph Nader
An
Open Letter to Bush on Harriet Miers
Behrooz Ghamari
Whose Justice Does Saddam's Trial Serve?
Brian Cloughley
Bush the Strategist: Pyrrhus Without a Victory?
Diana Barahona
Venezuela's National Workers' Union
Fred Gardner
Dershowitzed!
Lee Sustar
What the War on Terror is Really About
Patrick Cockburn
Murder of Saddam Trial Defense Lawyer
Laura Carlsen
Mexico City Seamstresses Recall 1985 Quake
James Petras
China Bashing and the Loss of US Competitiveness
Joshua Frank
Invading Iran: Who is to Stop Them?
Manuel Garcia,
Jr.
Disasters are Us
Michelle Bollinger
When Abortion Was Illegal
Missy Comley
Beattie
CSI: Iraq
Kona Lowell
Intelligent Design: Making High School Fun
Ben Tripp
Tanks for the Memories
Jeffrey St. Clair
Playlist: What I'm Listening To This Week
Poets' Basement
Albert and Engel
Website of
the Day
Indictment Watch
October 21,
2005
Dave Lindorff
The
Democrats' Abortion Hypocrisy
Winslow T. Wheeler
Paying for Their Mistakes: Incompetence, Deception and the Defense
Budget
Col. Dan Smith
The Destruction of the National Guard
Norman Solomon
Media at Crossroads: 25 Years After Reagan's Triumph
Madis Senner
Abusing Katrina
Michael Donnelly
Richard
Pombo: DeLay in Cowboy Boots
October 20, 2005
Dave Lindorff
Impeachment
Comes to NYC
Ray McGovern
16
Fatal Words: Cheney's Chickens Come Home to Roost
Jeremy Brecher
/
Brendan Smith
Attack Syria? Invade Iran?: By What Constitutional Right?
Patrick Cockburn
Saddam Refuses to Recognize Court
Kevin Zeese
Was the Iraqi Constitution Vote Fixed?
Ross Eisenbrey
Millions Would Lose Pay and Protections Under Enzi Amendment
Randy Shields
James McMurtry Makes It in Dayton
Justine Davidson
Prosecuting Bush in Canada for Torture: a Small Victory
After Lucas
Cranach
Judy and Holofernes
Joe Allen
The
Scandalous History of the Red Cross
October 19,
2005
Christopher Reed
Koizumi and the Rape of Nanking
Stephen Soldz
Bush
and Avian Flu: the Excuses Begin to Fly
Chet Richards
War
and Intelligence
Patrick Cockburn
Saddam on Trial
Scott Richard
Lyons
Multicultural
Columbus?
Ralph Nader
An Interview with Rev. William Sloane Coffin
Website of
the Day
Shocking Video: Why Birds May Be Taking Viral Vengeance on Humans
October 18,
2005
Chet Flippo
Merle
Haggard: "Let's Get Out of Iraq"
Ron Jacobs
Dual Devotions: the Catholic Church and the US Flag
Keeanga-Yamahtta
Taylor
A Tale of Two Cities: From DC to Toledo
Dave Lindorff
Judy Miller: Little Miss Run Amok
Virginia Rodino
A Winter Patriot: Reflections on the Antiwar Movement
Thomas Healy
The Weather in Goshen: Still Radical After All These Years
Ralph Nader
A New New Orleans
Stephen Lendman
The Sorrows of Haiti
Patrick Cockburn
On the Eve of Saddam's Trial: a Divided Iraq
October 17,
2005
Peter Linebaugh
Spinoza
and the Black Limos
Norman Solomon
Judith Miller, the Fourth Estate and the Warfare State
Cockburn /
Sengupta
"If
the Sunnis Don't Like It, That's Their Problem"
Mike Whitney
Miller's Confession: Last Gasp Before Indictments?
Uri Avnery
Iraq Now: What Awaits Samira?
Harold Pinter
Torture & Misery in the Name of Freedom
Website of
the Day
Al Joudi v. Bush
October 15
/ 16, 2005
Alexander Cockburn
Ayatollahs
of the Apocalypse
Patrick Cockburn
"This Constitution Won't Get Me a Job"
Saul Landau
Two Terrorists and a Lush: Osama, Posada and Bush's Drinking
Neve Gordon
"Beyond Chutzpah": Exposing Grave Moral Distortions
Moshe Adler
Poverty in New York City
Christopher Brauchli
Lynndie England's Burden
Diane Farsetta
The Emperor Doesn't Disclose: the Fight Against Fake News
Sam Husseini
Notes on Current Reporting About Judith Miller
Monica Benderman
From Chaos to Conscience to Peace
Mickey Z.
POW Abuse by US: Nothing New Going On Here
Douglas C.
Smyth
George W. Bush, the Honorius of Our Time
Lee Sustar
Will Delphi Bust the UAW?
Fred Gardner
Cannabinoids Arrive in Realm of Established Fact
Elizabeth Schulte
A Former Panther's Georgia Campaign: an Interview with Elaine
Brown
Joshua Frank
Will the Democrats Save Harriet Miers?
David Vest
Down with Formalism! Up with Values!
Ben Tripp
Epistle II: the Reawakenign
Poets Basement
Engel, Albert, Ford and Louise
Website of
the Weekend
The
Hidden Canyon
October 14,
2005
Farrah Hassen
A
Somber Ramadan in Syria
Ron Jacobs
The
Black Panthers: They Haven't Forgotten; Neither Should We
Sasha Kramer
USAID
and Haiti: the Friendly Face of Imperialism?
Katrina Yeaw
The Student Struggle in Italy
Nicole Colson
Bird Flu: Militarizing Health Care
Raúl Zibechi
Survival and Existence in El Alto
Nikolas Kozloff
Hugo
Chávez and the Politics of Race
Website of the Day
LA Filmmakers Cooperative
October 13, 2005
Jeremy Scahill
Mr.
Bush Goes to Tikrit (Sort Of)
Jeff Birkenstein
A
Thoreau for Our Time: Why Cindy Sheehan Matters
Brendan Smith / Jeremy Brecher
Harriet Miers: Bush or the Constitution?
Stan Cox
Did You Know This About Iraq?
Anis Memon
The Curious Case of Russ Feingold
Gary Leupp
Miller, Libby and the June Notes
Dave Zirin
A Tribute to August Wilson
Matthew Koehler
America's Endangered Forests
Werther
The
Two-Headed Monster
Website of
the Day
Hurricane Song
October 12, 2005
Omar Waraich
Britain
and the Quake: Mean and Stingy
William Cook
Voices
Behind the Entombment Wall
Phil Gasper
Countdown
to a Legal Lynching
Dave Lindorff
Impeachment Now and Then: Clinton, Bush and the Polls
Matt Vidal
Capital, Power and Class
John Gautreaux
New Orleans will Never be the Same
Diana Johnstone
Srebrenica
Revisited: Using War as an Excuse for War
Mark Weisbrot
The IMF Has Lost Its Influence
Brian J. Foley
Gitmo Tribunals Endanger Public Safety
Website of
the Day
Columbus Day Lies
October 11,
2005
Roger Morris
/ Steve Schmidt
Strategic
Demands of the 21st Century
Lila Rajiva
Live from New Orleans: Abu Ghraib
Bill Quigley
New
Orleans: Leaving the Poor Behind Again
Paul Craig Roberts
Natural Born Liars
Dave Lindorff
Recruiters in Schools: No Lie Left Untried
Dr. Teresa Whitehurst
Suspect Thy Neighbor
Mitchel Cohen
Showdown at Chuck E. Cheese
Tariq Ali
Pakistan will Never Forget This Horror
Website of
the Day
L'Heure Americaine
October 10,
2005
Cindy and Craig
Corrie
Rachel's
Words Live
Joshua Frank
Washington's War Dems
Gideon Levy
The Beautiful Life Without Arafat
Alan Wallis
The Fight for Free Speech at Union Square
Mickey Z.
In Defense of Liars
CounterPunch News Service
Vermont Independence Convention
Paul Craig
Roberts
The
Police State is Closer Than You Think
Website of the Day
Dylan's Chronicles
October 8 /
9, 2005
Alexander Cockburn
Rhetoric
and Reality in the Business of Getting Rid of Black People
Ralph Nader
Katrina
and the Growls of Greed
Jennifer Van Bergen
New American Law: Legal Strategies in the Dharfir Case
Saul Landau
An Oily Religious Dream
Jeff Halper
Setting Up Abbas
Lenni Brenner
The Millions More Movement and Zionism
Nikolas Kozloff
Bird Flu and Bush
Brian Cloughley
Training Soldiers in Iraq
Alice Slater
A Nobel Prize for Chernobyl?
John Gautreaux
A View from Cajun Country
Fred Gardner
Does the Controlled Substances Act Mean What It Says?
Niranjan Ramakrishnan
The Leveethan Approach
M.G. Piety
Rot in the Ivory Tower: Collusion, Cover-Up and Kierkegaard
Tom Gorman
The Hitchens Doctrine
Mike Whitney
Bunker Days with George
Aseem Shrivastava
Beyond the Wasteland: Lessons from Afghanistan
Ben Tripp
Religion, an Epistle
Poets' Basement
Albert, Engel and Ford
October 7,
2005
Larry Johnson
The
Plame Case: the Real Issues
Will Youmans
Why
Do We Hate Our Freedom? Recruiters and Thugs on Campus
Dave Lindorff
Bird Flu: Evolution or Intelligent Design?
Judith Scherr
Haiti's Children's Prison
Russell D. Hoffman
Nukes for Peace, Revisited?: Nobel Prize Debacle
Jared Bernstein
Katrina and Jobs
Jennifer Van
Bergen
New
American Law: the Case of Dr. Dhafir
Website of
the Day
FBI Witchhunt
October 6, 2005
P. Sainath
"Take
That, Tom Friedman": Indian Masses Reject NYT's Neoliberal
Idol Again
Scott Parkin
When Antiwar Activists Get Mugged
Paul Craig
Roberts
Blundering
into Syria
Andréa Schmidt
Haiti's Biometric Elections: a High-Tech Experiment in Exclusion
Dave Lindorff
Easy
Money in the Big Easy
Joshua Frank
In Defense of Lew Rockwell
M. Junaid Alam
Jackboots at George Mason
Matthew Koehler
Cock and Bull on the Bitterroot
Robert Pollin
Is
the Dollar Still Falling?
October 5,
2005
Heather Gray
Militarization is Not an Answer for
Reconstruction: the Case of the Philippines
Robert Jensen
Is
Bush a Racist?
Ramzy Baroud
Bush's Final Choice: America or
the Empire
Col. Dan Smith
Keeping Promises to Iraq: "Everything
is Bad"
Dave Zirin
Barry
Bonds Laughs Last
Paul Craig Roberts
Liberal Guilt? How the Neocons
Took Over
Alan Maass
Doing
the Right Wing's Dirty Work
October 4, 2005
Nikolas Kozloff
Shocking the Two Party System:
a Political Opportunity for Sheehan and the Antiwar Mvt.
Mike Roselle
Houston,
You've Got a Problem
Joshua Frank
The Scoop on Harriet Miers
John Chuckman
War
Porn: What the Gruesome Images Say
Alan Farago
Storm Warning for Jeb: Developers,
Hurricanes and the Keys
Mickey Z.
An
Interview with Thaddeus Rutkowski
Christine & Ethan Rose
Home Depot Exploits Hurricane Victims
Gary Leupp
An
Earlier Empire's War on Iraq: a Lesson from Roman History
Website of the Day
Rodney
Crowell on Bob Dylan
October 3,
2005
Vijay Prashad
Desperation at Holyoke
Paul Craig
Roberts
Condi
Rice: Gunslinger
Joshua Frank
An Interview with Cindy Sheehan
Seth Sandronsky
The
Hiring Crisis for Black Teens
Jeffrey St. Clair
The Great Green Scare

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Onward,
Alexander, Jeffrey, Becky and Deva
November 5 / 6, 2005
The
Unfolding Economic Nightmare
Will Big Business
Turn on Bush?
By MARK ENGLER
The Bush administration has a reputation
for creating an unusually business-friendly White House. Put
Dick Cheney's secretive Energy Task Force and massive tax cuts
together with corporate lobbyists writing regulations for their
own industries, and you've made an argument that seems pretty
persuasive.
There are reasons, however,
to consider a contrary notion: Maybe George Bush and Dick Cheney
aren't very good capitalists at all.
George W. Bush's history as
a failed businessman is well known. Dick Cheney, portrayed by
conservatives as a brilliant ex-CEO and by progressives as a
Halliburton shill, also has a suspect past. While he certainly
increased Halliburton's profile in four-and-a-half years as its
chief, his foremost accomplishment was the $7.7 billion acquisition
in 1998 of Dresser Industries, a rival that turned out to be
plagued with staggering asbestos-related liabilities. In the
wake of Cheney's reign, multiple Halliburton divisions sought
bankruptcy protection and the company's stock price plunged.
Rolling Stone magazine reported in August 2004, "Even with
the bounce Halliburton stock has received from the war, an investor
who put $100,000 into the company just before Cheney became vice
president would have less than $60,000 today."
Many analysts hold the Vice
President accountable for the downturn, arguing that Dresser's
asbestos problems, which cost Halliburton billions, were predictable.
Less harsh critics nonetheless question his success as a business
leader. For instance, Jason E. Putman, an energy analyst at Victory
Capital Management, argues that, as Halliburton chief, "[o]verall,
Cheney did maybe at best an average job." Newsweek's Wall
Street editor, Allan Sloan, is less complimentary, suggesting
Cheney was a "CEO who messed up big-time."
When it comes to Iraq, we hear
a lot about the government largesse flowing toward Halliburton,
Bechtel, and a handful of other favored firms. Less often do
we consider the possibility that the administration's "war
on terrorism" has been a major business blunder. If you
start, though, with the lackluster corporate records of Bush
and Cheney, the administration's foreign policy comes into quite
a different focus. Even if you believe that the White House is
designing its overseas crusade to benefit U.S. corporations,
there's no reason to assume that it has been doing so successfully.
Increasingly, the business
press is suggesting that corporate leaders, who once hoped the
current administration would push the corporate globalization
of the Clinton years to new heights, now fear another fate from
the international order Bush has created. Tax cuts and deregulation
on the domestic front have been obvious bonuses, but otherwise
many U.S. multinationals face a troubling scene. The White House's
failed CEOs have pursued a global agenda that, at best, benefits
a narrow slice of the American business community and leaves
the rest exposed to a world of popular resentment and economic
uncertainty.
When it comes to the interventions
of Bush, Cheney, Condi, and the neocons in the global economy,
"at best an average job" might be a charitable judgment,
and "messed up big-time" could be closer to reality.
Those business people who have yet to join the majority that
opposes the president's handling of his war in Iraq -- or the
increasing chorus of conservative critics who have begun questioning
the administration's foreign policy -- may soon have a long list
of reasons to get on the bandwagon, starting with the bottom
line.
Not KFC's War
In recent years, KFC has had
some trying moments in the Muslim world. In early September,
a bomb exploded inside one of the company's fried-chicken outlets
in Karachi, Pakistan. It was not the first time the chain had
been targeted. In May, a Shia mob, angered by U.S. backing for
President Pervez Musharraf and by reported abuses at Guantánamo
Bay, set fire to another KFC outlet -- one decked out with large
images of Colonel Sanders set atop fields of stars and stripes.
Two other branches were destroyed shortly after the U.S. attack
on Afghanistan in 2001.
The woes affecting KFC go well
beyond one fast-food chain -- McDonald's, too, has been attacked
in Pakistan and Indonesia -- and the torching of fast-food outlets
is only the most dramatic sign of the new business climate being
fostered by a changing American foreign policy. If Clinton's
diplomatic affairs could be described as a sustained effort to
make the world safe for Mickey Mouse, Microsoft, and popcorn
chicken, the Bush/Cheney agenda represents something altogether
more dangerous for business.
The Clinton administration
served as a steady advocate for building a cooperative, "rules-based"
international economy -- a multilateral order known to critics
as "corporate globalization." The Bush administration,
while purporting to be interested in issues like "free trade,"
has offered up a very different set of policies. Aggressive and
unilateralist, it has fashioned a new model of "imperial
globalization" which has even put multilateral institutions
like the World Trade Organization, decried by globalization activists,
in jeopardy. Rather than working through such bodies, the current
administration has regularly shown intransigence in international
negotiations around trade and development; it has focused on
tying its aid for other countries directly to its militarist
prerogatives; and it has tried to deny war-weary "Old Europe"
its traditional role as a junior partner in the globalization
endeavor. In the process, it has begun dismantling an international
order that served multinational corporations very well in the
booming 1990s, and facilitated their rise over the past 30 years.
In short: If Bush is an oil
president, he's not a Disney president, nor a Coca-Cola one.
If Cheney is working diligently to help Halliburton rebound,
the war he helped lead hasn't worked out nearly so well for Starbucks.
A Bungled-Brand America
Whether the administration's
bold gamble for U.S. global dominance will prove profitable either
in the near future or in the long run, the business costs of
this approach are already becoming evident. For starters, the
new wave of anti-Americanism sweeping the planet goes far beyond
KFC bombings in South Asia or widespread hostility in the Middle
East. In Asia, the South China Morning Post has noted
that a "strong, growing hostility" toward the United
States has complicated Disney's expansion plans in the area.
The Bush imperial foreign policy, moreover, is inspiring consumer
backlash even among traditional allies.
In December 2004, Jim Lobe
of Inter Press Service reported on a survey of 8,000 international
consumers released by the Seattle-based Global Market Insite
(GMI) Inc. The survey noted that
"one-third of all consumers
in Canada, China, France, Germany, Japan, Russia, and the United
Kingdom said that U.S. foreign policy, particularly the 'war
on terror' and the occupation of Iraq, constituted their strongest
impression of the United States... 'Unfortunately, current American
foreign policy is viewed by international consumers as a significant
negative, when it used to be a positive,' comments Dr. Mitchell
Eggers, GMI's chief operating officer and chief pollster."
Brands the survey identified
as particularly at risk at the time included Marlboro cigarettes,
America Online (AOL), McDonald's, American Airlines, Exxon-Mobil,
Chevron Texaco, United Airlines, Budweiser, Chrysler, Barbie
Doll, Starbucks, and General Motors.
More recent assessments have
verified these trends. Indeed, in past months, a litany of stories
in the financial press featured unnerving questions for business.
Typical were the British Financial Times in August (World
Turning Its Back on Brand America) and Forbes in September
(Is Brand America In Trouble?).
A U.S. Banker magazine
article from August relaying the results of an Edelman Trust
Barometer survey of global elites found that "41 percent
of Canadian elites were less likely to purchase American products
because of Bush Administration policies, compared to 56 percent
in the UK, 61 percent in France, 49 percent in Germany and 42
percent in Brazil."
It's not just snooty foreigners
who are negative, either. American business leaders themselves
have been starting to link economic woes to imperial policy.
The previously mentioned U.S. Banker article warned, "[T]he
majority of American CEOs, whose firms employ eight million overseas,
are now acknowledging that anti-American sentiment is a problem."
And a 2004 Boston Herald story, headlined Mass. Execs:
Iraqi War Hurting; U.S. competitiveness becoming a casualty,
pointed to the "sixty-two percent of executives surveyed
by Opinion Dynamics Corp. [who] said the war is hurting America's
global competitiveness."
Regularly featured in stories
about America's image problems is a group of corporate executives
who have come together as Business for Diplomatic Action (BDA).While
avoiding an explicit stance on the Iraq war, the BDA argues:
"The costs associated
with rising anti-American sentiment are exponential. From security
and economic costs to an erosion in our ability to engender trust
around the world and recruit the best and brightest, the U.S.
stands to lose its competitive edge if steps are not made toward
reversing the negativity associated with America."
Compared to the adverse impacts
of Bush's imperial globalization, the administration's efforts
at Karen-Hughes-style brand rehabilitation are laughable -- and
the BDA knows it. Taking diplomatic matters into their own hands,
BDA spokespeople flatly state, "Right now the US government
is not a credible messenger."
A Quagmire for Corporations
Is the problem just one of
perception, or have the wages of war cut into business profits?
In June 2004, USA Today reporter James Cox wrote about how financially
ailing companies are pointing to the war as the culprit:
"Hundreds of companies
blame the Iraq war for poor financial results in 2003, many warning
that continued U.S. military involvement there could harm this
year's performance. In recent regulatory filings at the Securities
and Exchange Commission (SEC), airlines, home builders, broadcasters,
mortgage providers, mutual funds and others directly blame the
war for lower revenues and profits last year."
Among those complaining, Hewlett-Packard
claimed that the occupation of Iraq has created uncertainty and
hurt its stock price; meanwhile, media companies Hearst-Argyle
Television, Sinclair Broadcast Group, and Journal Communications
bemoaned the number of TV and radio ads pre-empted by war news.
While fingering the war might
be just a convenient excuse for some underperforming executives,
the level of grumbling is noteworthy, as are the comments of
outspoken fund managers profiled by Cox:
"'The war in Iraq created
a quagmire for corporations,' David J. Galvan, a portfolio manager
for Wayne Hummer Income Fund, says in his letter to shareholders.
"Vintage Mutual Funds
concludes that 'the price of these commitments (in Iraq and Afghanistan)
may be more than the American public had expected or is willing
to tolerate'
"In an SEC filing, Domenic
Colasacco, manager of the Boston Balanced Fund, calls the ongoing
U.S. occupation 'sad and increasingly risky.'"
Of course, we know that reconstruction
companies are posting profits. Sales of gas masks and armored
Humvees are also up. But such war-supported companies are a small
minority. On the other hand, the diverse businesses in the tourism
industry have taken a huge blow. Delta Air Lines, JetBlue, Orbitz,
Priceline.com, Morton's steakhouses, Fairmont Hotels & Resorts,
and Host Marriott, to name just a few, have blamed disappointing
returns on the war. Travel industry leaders have warned:
"The US is losing billions
of dollars as international tourists are deterred from visiting
the US because of a tarnished image overseas and more bureaucratic
visa policies... 'It's an economic imperative to address these
problems,' said Roger Dow, chief executive of the Travel Industry
Association of America, tourism's main trade body... Mr. Dow
stressed that tourism contributed to a positive perception of
the US... 'If we don't address these issues in tourism, the long-term
impact for American brands Coca-Cola, General Motors, McDonald's
could be very damaging.'"
Economic Nightmares Foretold
Every year, the global business
elite gathers at a resort in Davos, Switzerland for the World
Economic Forum. In the high-flying Clinton years, a feeling of
exuberance pervaded the globalists' gathering -- protests outside
their meetings notwithstanding. By January 2003, however, the
mood in Davos had already darkened perceptibly. Economic optimism
was waning. The coming war in Iraq, in particular, was causing
concern. Corporate leaders showed little more enthusiasm than
the protestors outside for the impending unilateralist invasion.
Analysts fed their misgivings, citing "the threat of war
as the biggest question mark hanging over global growth prospects."
Around the same time, progressive
economists Dean Baker and Mark Weisbrot detailed a possible worst-case
scenario in a policy report entitled The Economic Costs of a
War in Iraq. Beyond the costs of anti-Americanism abroad, they
focused on three additional areas of concern: A war-related oil
shock that might cost the American economy hundreds of thousands
of jobs over a seven-year period; a heightened risk of terrorist
attacks in the U.S. which might result in increased security
costs, slowing the growth of the Gross Domestic Product (GDP);
and a likelihood that increased oil prices would drag the developing
world into a deep recession.
I asked Baker how relevant
the report's concerns have proven. Though he emphasizes that
the worst did not come to pass, he notes worrying signs. Oil
prices have indeed skyrocketed, owing largely to increased demand
from China and India, but exacerbated by Iraq's AWOL oil. Moreover,
as each new intelligence estimate predicts that we are less,
not more, secure because of the Iraqi occupation, the risk of
an economy-crippling attack grows. Already, Baker points out,
the hours we spend waiting in security lines at the airport or
delayed in city subways represent costly economic losses.
Then, of course, there is the
as yet unrealized possibility that spreading guerilla warfare
and terrorism will include escalating sabotage against vast and
largely indefensible stretches of oil pipeline in the Middle
East. It is this scenario among others that caused professor
of Middle Eastern history and Informed Comment blogger Juan Cole
to liken Bush's Iraq debacle to "throwing grenades around
in the cockpit of the world economy."
Such costs, foretold before
the invasion, suggest that the pre-war pessimism in Davos was
well justified. And such a modest list hardly exhausts the possible
economic "downsides" to Bush administration policies
in Iraq and beyond. The debate about Congressional spending,
for one, deserves at least passing mention. Whether fiscal conservatives
are right that Iraq- and tax-cut-bloated deficits are necessarily
bad for business, or whether Military Keynesianism has actually
been helping to soften a periodic economic downturn, the idea
of war without sacrifice should sound fishy to any account-minded
executive. Take direct war costs running in the hundreds of billions,
add in medical bills for disabled veterans, then throw in the
costs of National Guard reservists being pulled from small businesses,
and pretty soon you're talking real money. At some point the
overvalued dollar, which our creditors in the central banks of
China and Japan have decided to let ride for the time being,
will have to come down and is likely to bring the economy with
it. When that happens, Colonel Sanders won't be the only one
to feel the pain.
Will Business Turn?
Back in August of the 2004
election cycle, the Kerry campaign distributed a list of 204
business executives who supported the candidate's policies. It
was a nice try, but, as Bloomberg News reported, the Democrat
trailed Bush badly in corporate support. Fifty-two chief executives
from major companies had by then donated to Kerry; 280 to the
president's re-election campaign. (Business being business, "at
least three executives on Kerry's list also gave the maximum
$2,000 to Bush's re-election campaign.")
A year has passed since the
elections. Approval ratings for the victorious president continue
to sink to all-time lows, and "staying the course"
remains official Washington policy for Iraq. In this context,
it's not surprising that Republican "realists" like
Brent Scowcroft (who warned in a Wall Street Journal op-ed before
the war that "it undoubtedly would be very expensive --
with serious consequences for the U.S. and global economy")
are making noise again. And it would make perfect sense if an
increasing number of those Bush CEOs were by now pining for a
return to Clinton-style multilateral globalization of a sort
still held out by the defeated Senator from Massachusetts and
many other Democrats.
Neither of these alternative
camps will seem particularly appealing to progressives, but they
pose a genuine threat to the imperial globalists who seem incapable
of extracting themselves from Iraq. Indeed, intra-party rivalry
among the Republicans -- which is likely to increase as we enter
an election year -- could play a vital role in turning White
House hawks into dead ducks. All the better if this avian transformation
is sped by dissatisfaction from corporate leaders reevaluating
the costs of Bush foreign policy and deciding that empire just
doesn't pay.
Mark Engler, a writer based in New York City, is
an analyst with Foreign Policy In Focus. He can be reached via
the web site http://www.DemocracyUprising.com.
Research assistance for this article was provided by Kate Griffiths.
This article was first published
by Tomdispatch.com (http://www.tomdispatch.com/index.mhtml?pid=33201)
and appears with permission of the author.
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The War So Far: a Failure Worse Than Vietnam
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"The need
for the White House to produce a fantasy picture of Iraq is because
it dare not admit that it has engineered one of the greatest
disasters in American history. It is worse than Vietnam because
the enemy is punier and the original ambitions greater."
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