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It’s one of the greatest and most shameful failures in the history of journalism. In the new edition of our newsletter Eamonn Fingleton traces how the Wall Street Journal was handed a precise outline of Madoff’s Ponzi scheme in 2005 and sat on it. The New York Times also passed on chances to nail Madoff. Thousands, poor as well as rich, lost their life savings in consequence. Read Fingleton on how the watchdogs of the Fourth Estate took good care to snooze in their kennels. ALSO in the new edition, Paul Craig Roberts concludes the shortest, sharpest outline of economics ever written with a brilliant essay on the economics of a full, green world. Get your new edition today by subscribing online or calling 1-800-840-3683 Contributions to CounterPunch are tax-deductible. Click here to make a donation. If you find our site useful please: Subscribe Now! CounterPunch books and gear make great presents.
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Today's Stories February 25, 2009 Chris Sands M. Shahid Alam Chris Floyd Norman Solomon Rachel Godfrey Wood Nadia Hijab February 24, 2009 Paul Craig Roberts Uri Avnery Peter Morici Jonathan Cook Paul Fitzgerald / Andy Worthington Brian Horejsi Julia Stein Norm Kent Rachel Smolker / Dennis Loo James McEnteer Website of the Day February 23, 2009 Michael Hudson Mike Roselle Patrick Cockburn Franklin Spinney Einar Már Guðmundsson Ralph Nader Jordan Flaherty Helen Redmond Dennis Loo Harvey Wasserman Terry Lodge Website of the Day February 20 / 22, 2009 Alexander Cockburn Michael Neumann / Ismael Hossein-zadeh Paul Craig Roberts Linn Washington Jr. Saul Landau Marjorie Cohn Binoy Kampmark Dave Lindorff David Yearsley David Macaray James McEnteer Rick Salutin Wayne Clark Richard Rhames Stephen Martin Mitu Sengupta Charles R. Larson Richard Morse Lorenzo Wolff Poets' Basement Website of the Weekend February 19, 2009 Norman Finkelstein Harry Browne Robert Bryce Brian M. Downing Fred Gardner Andy Worthington Wajahat Ali Laura Carlsen Deb Reich Christopher Ketcham Website of the Day February 18, 2009 Paul Craig Roberts Mike Whitney M. Shahid Alam Patrick Cockburn Conn Hallinan Dave Lindorff Rannie Amiri Gareth Porter Eric Hobsbawm Christopher Brauchli Martha Rosenberg Website of the Day February 17, 2009 Michael Hudson Mike Whitney Ralph Nader Joanne Mariner John Ross Belén Fernández Mats Svensson David Macaray Gregory Vickrey M. Junaid Levesque-Alam Michael Dickinson Website of the Day February 16, 2009 Patrick Cockburn Oscar Guardiola-Rivera Paul Craig Roberts Uri Avnery P. Sainath Dedrick Muhammad / Michael Brown Carla Blank Patrick Irelan Dan Bacher Fidel Castro Harvey Wasserman Website of the Day February 13 - 15, 2009 Alexander Cockburn Joshua Frank Mike Whitney George Ciccariello-Maher Nikolas Kozloff Brian M. Downing Paul Craig Roberts Christopher Ketcham Ron Jacobs Dave Lindorff Alan Maass Chuck Spinney Phil Gasper Stephen Lendman Charles Thomson Kathy Sanborn Saul Landau Len Wengraf Harvey Wasserman David Macaray Tom Stephens Seth Sandronsky David Yearsley Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend February 12, 2009 P. Sainath Jean Bricmont Michael Hudson Peter Lee Dave Lindorff February 11, 2009 Neve Gordon Peter Morici Andy Worthington Marjorie Cohn Fred Gardner Niranjan Ramakrishnan Zoe Blunt Belén Fernández Martha Rosenberg Website of the Day Blues of the Day
February 10, 2009 Kathy Kelly Nikolas Kozloff Uri Avnery Michael J. Berg Russell Mokhiber Joe Bageant Gareth Porter Dave Lindorff Rannie Amiri Harvey Wasserman Niranjan Ramakrishnan Website of the Day February 9, 2009 Vicente Navarro Paul Craig Roberts Julio Sanchez / National Lawyers Guild Jonathan Cook Alana Smith Binoy Kampmark Sam Bahour Nicole Colson Ron Jacobs Website of the Day February 6-8, 2009 Alexander Cockburn Ishmael Reed James Abourezk William Blum Patrick Cockburn Henry A. Giroux Manuel Garcia, Jr. Mouin Rabbani David Yearsley Saul Landau Jules Rabin Raymond J. Lawrence Janette Habel Dave Lindorff Missy Beattie Dale Gieringer John Ross Richard Rhames Bob Wing Robert Bryce David Macaray James L. Secor Jason Flom / Norm Kent Kim Nicolini Lorenzo Wolff Poets' Basement Website of the Weekend February 5, 2009 Michael Mandel Saul Landau / Ralph Nader Robert Bryce Russell Mokhiber Sameh Habeeb / Dave Lindorff Carmelo Ruiz-Marrero George Ochenski Website of the Day February 4, 2009 Arno J. Mayer Paul Craig Roberts Patrick Cockburn Jonathan Cook Fred Gardner Stan Cox Margaret Kimberley Lawrence Velvel Dave Lindorff Doug Giebel Serge Quadruppani Website of the Day February 3, 2009 David Price Bill Moyers Kirkpatrick Sale Conn Hallinan Peter Morici George Ciccariello-Maher Muhammad Idrees Ahmad Allan Nairn Norman Solomon David Macaray Website of the Day February 2, 2009 Uri Avnery Ralph Nader Gareth Porter Paul Craig Roberts Harvey Wasserman Rannie Amiri Cal Winslow Steve Early Alan Farago Diane Farsetta January 30 / February 1, 2009 Alexander Cockburn Michael Hudson Ismael Hossein-Zadeh Dave Lindorff Saul Landau Andy Worthington Subcomandante Marcos Robert Jensen Ron Jacobs Gareth Porter Allan Nairn Laura Carlsen Rev. William E. Alberts Christopher Brauchli Jules Rabin Col. Dan Smith Missy Beattie Tom Barry J. Michael Cole Manuel Garcia, Jr. Dan Bacher David Rosen Don Monkerud Binoy Kampmark Lorenzo Wolff David Yearsley Poets' Basement January 29, 2009 Peter Linebaugh Paul Craig Roberts Riz Khan M. Reza Pirbhai Wajahat Ali Gregory Vickrey Dina Jadallah-Taschler Alison Weir Alan Farago Walter Brasch Website of the Day
January 28, 2009 Norman Finkelstein Noam Chomsky Patrick Cockburn Rob Larson George Wuerthner Allan Nairn M. Junaid Stefan Simanowitz Charles R. Larson Website of the Day January 27, 2009 Winslow T. Wheeler Yigal Bronner / Joshua Frank Jordan Flaherty Ralph Nader Rev. José M. Tirado Benjamin Dangl Russell Mokhiber Martha Rosenberg C. G. Estabrook Website of the Day January 26, 2009 Paul Craig Roberts Deepak Tripathi Vijay Prashad Peter Lee Allan Nairn Uri Avnery John Sayen Dave Lindorff Lawrence R. Velvel David Macaray Roger Burbach Norman Solomon Website of the Day January 23 / 25, 2009 Alexander Cockburn P. Sainath Patrick Cockburn Saul Landau Sasan Fayazmanesh Alan Farago Christopher Brauchli Andy Worthington Ron Jacobs Lawrence Velvel Henry A. Giroux David Yearsley Raymond F. Gustavson Dave Lindorff Roberto Rodriguez Dina Jadallah-Taschler Fidel Castro J. Michael Cole Bob Fitrakis / Ramzy Baroud Mohammad Ali Shabani Richard Rhames Stephen Martin Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend January 22, 2009 Paul Craig Roberts Kathy Kelly Allan Nairn Lawrence Velvel Andy Worthington Peter Morici Joseph G. Davis Adriana Kojeve Benjamin Dangl Website of the Day January 21, 2009 Gabriel Kolko Harry Browne Michael Colby Lawrence R. Velvel Audrey Stewart Wajahat Ali Binoy Kampmark David Kεr Thomson John Ross Allan Nairn Sheldon Richman Website of the Day January 20, 2009 Chuck Spinney Kathy Kelly Raymond Deane Ralph Nader Audrey Stewart Jonathan Cook Harvey Wasserman Christopher Ketcham Robert Jensen Dave Lindorff David Macaray |
February 25, 2009 Rising to the OccasionThe Water LineBy DENNIS LOO Part 3 of a three-part series. Obama has ridden a great wave of hope and expectation into office fueled by a desire by millions to see a radical departure from what Bush and Cheney have been, done and represent. What Bush and Cheney did and personify has been so extreme that most people can see with their own eyes, despite the mass media’s misrepresentations and distortions, that their reign was a disaster. The joy accompanying Obama’s victory has, therefore, perhaps no U.S. electoral precedent. But one finds when one examines more closely what he has said and what he has done, a very different tale than what most people have seen and understood up till now. Before becoming president, Obama as a Senator co-operated with the Bush regime’s policies. In some instances he voted against Republican/White House sponsored bills, but in no instance did he filibuster them – which would have been meaningful opposition. Speeches by public officials are cheap. Actions are precious. When the Military Commissions Act of 2006 – a bill that legalized torture and indefinite detention, something more brazen than the Nazis ever attempted – Obama should have, but refused to filibuster it. Even the New York Times said, “If you’re going to filibuster anything, filibuster this.” Before the telecom amnesty bill came up to a vote Obama promised to support a filibuster. He instead ended up voting for the bill. While he made much of his opposition to the Iraq war, at no time in the Senate did Obama fail to vote in favor of appropriations to continue the illegal, unjust and immoral war that has resulted in the deaths of more than 1.3 million Iraqis and tens of thousands of Americans (eighteen a day by suicide plus official war theatre casualties). The Democrats, even when they held the majority, refused to do what was readily within their power to do and what the large majority of Americans wanted, the end to the war, by simply holding up appropriations bills in committee, a practice that the GOP was never shy about doing when they had the power. Instead, Pelosi and Reid shed crocodile tears over the continued war, torture and NSA domestic spying, blaming the GOP for them and saying that they would have loved to stop them but didn’t have enough votes. They didn’t need the votes. They had the chairmanships and refused to use that power to bottle up these bills and thus kill them in committee. Some might object: if Obama had filibustered these bills then he would have destroyed his chances of becoming president; his own party would have treated him as an outlaw. Probably so. It would have made him immensely popular among the people, but he would have been pilloried by the press and by his party leaders and the more than $250,000 per day that he needed to run for office would have shrunken by orders of magnitude because Wall Street and the other big money sources would have dried up immediately. What does this tell you about the system we live in when a candidate for president must refuse to do the right, legal and moral thing in order to have a chance to remain a “viable” candidate for president and in order to remain president? The Democrats and Republicans play the good cop, bad cop game. The Democrats didn’t really want to stop most Congressional bills and while some Democratic leaders personally voted against those bills, they still allowed them to pass, knowing that their individual vote was meaningless except as political cover to their constituents. When they do want to stop a bill they know exactly what to do – Pelosi prevented McKinney’s and Kucinich’s impeachment articles of Bush and Cheney from being voted out of committee for a floor vote. Known Unknowns In a November 2008 Department of Defense Strategic Studies Institute document authored by Nathan Frier entitled “Known Unknowns: Unconventional ‘Strategic Shocks’ in Defense Strategy Development,” Frier points out: “The likeliest and most dangerous future shocks will be unconventional. They will not emerge from thunderbolt advances in an opponent’s military capabilities. Rather, they will manifest themselves in ways far outside established defense convention. Most will be nonmilitary in origin and character, and not, by definition, defense-specific events conducive to the conventional employment of the DoD enterprise. “They will rise from an analytical no man’s land separating well-considered, stock and trade defense contingencies and pure defense speculation. Their origin is most likely to be in irregular, catastrophic, and hybrid threats of ‘purpose’ (emerging from hostile design) or threats of ‘context’ (emerging in the absence of hostile purpose or design). Of the two, the latter is both the least understood and the most dangerous.” 9/11 was a strategic shock. Frier warns of future such “hostile design” shocks. But what is even more dangerous, as he puts it, is the prospect of “threats of ‘context’” that arise from the very workings of the existing systems. In other words, disasters await without anyone even trying to bring them about. Threats of context arise, according to Frier, out of “the unguided forces of globalization, toxic populism, identity politics, underdevelopment, human/natural disaster, and disease. In the end, shocks emerging from contextual threats might challenge core U.S. interests more fundamentally than any number of prospective purposeful shocks.” He goes on to say that these forces “are in- or undervulnerable to traditional instruments of U.S. power applied in predictable combinations.” (Pp. 24-25.) What does it tell us about the nature of the contemporary and near term future world that disasters that arise out of the very context of our collective lives are a) certain, b) unlikely to be properly foreseen, c) extremely unlikely to be adequately prepared for, and d) more dangerous than any planned hostile actions? It tells us at least two things. First, the system we live in – global capitalism - is inherently unstable and dangerous whether you look at it from a local, national or international perspective. The spheres of the local, national and international are so intertwined that they cannot sensibly be separated as though events in one sphere do not impact the others. Second, stability and security are more things of the past than of the present and, especially, the future. Massive dislocations and dramatic, startling changes to the status quo are not the stuff of science fiction but that which the DOD itself now finds it must take seriously. Granted, Frier’s document is not a policy document but a think tank document. But his evaluation of the situation compels serious reflection. Several factors stand in the way of properly grasping the reality that we face. These factors include – not necessarily in order of importance:
To paraphrase (and modify) FDR, what we have to fear is the system itself proceeding along as it is. The economic crisis and the implacable wars are the most obvious conditions we confront today. But the matters which are being ruled off the table by public officials are the most perilous of all: a) re-establishing the rule of law through prosecution of its violators and b) the very logic and operations of globalization and its exacerbating of the existing economic and political inequalities and manifest threats to the planet. Rise to the Occasion Obama will make it more and more explicit as time goes on how steadfast his class solidarity is with the rest of the ruling class. This precludes him doing what is necessary, legal, just and moral. The Obama administration’s sleight of hand trick – pretending to undo the Bush regime’s atrocities while letting the criminals go free – must not be allowed by the people to go down for the consequences are dire. If you are one of those who can see both the terrible things that have been done over the last eight years and foresee the perils that lie ahead, then you must act upon this knowledge and step forward as a herald of the people and on behalf of the planet and its people. Every individual who steps up this way does so on behalf of and representative of millions. Every single one of you is precious. When the existing leaders have betrayed the people, those among the people who can see this must step up and take the reins of responsibility to expose and delegitimate the existing leaders and system, pointing the way forward for the people. For a discussion of the dynamics of this necessary and promising path see: “Our Kitty Genovese Moment.” Some people who try to effect social change base their actions and appeals on what is already in motion: what is possible, they think, is what is already happening. Their error arises from two sources: 1) narrowness of outlook and 2) a failure to see what is latent in any given situation and the basis, through political struggle, for making what is latent manifest. You don’t defeat an adversary by adopting that adversary’s rules and outlook. Let them play by their rules: electoral contests and their strangling politics of “what is possible” = that which they are willing to allow and which keeps the fundamental character of power relations intact. We should play by our own rules. The untapped power of the people acting as an independent political force on the scene is enormous. The moral high ground is ours. We dare not abandon that high ground in the name of expedience, moral fatigue, national chauvinism, or misinterpreted public apathy. Rise to the occasion. It’s time. It’s not about all those other people who aren’t doing what must be done. It’s about you who are reading this. What will you do? Get down with World Can’t Wait. The world truly cannot wait. Dennis Loo is an associate professor of Sociology at Cal-Poly Pomona. He is the co-author of Impeach the President: the Case Against Bush and Cheney. He can be reached at http://dennisloo.blogspot.com. |
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