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Today's
Stories
December 4, 2008
Ece Temelkuran
Inside the Ergenekon Case
December 3, 2008
Andrew Cockburn
What's Wrong with the U.S. Miliary
December 2, 2008
Jeremy Scahill
Obama's Kettle of Hawks
Paul Craig Roberts
The New Arms Race
Ayesha Ijaz Khan
The Mumbai Terror Attacks: Is Pakistan to Blame?
Sarah Anderson /
John Cavanagh
Skewed Priorities: How the Bailout Dwarfs Spending on Other Global Crises
William Blum
The Mythology of the War on Terrorism
John Ross
Mexico's Drug War Goes Down in Flames
Dave Lindorff
A Tale of Two Terror Attacks
Nicola Nasser
A Peace Process That Makes Peace Impossible
Steve Conn
Operation Redskin Removal
Robert Bryce
Coal Hard Facts
Website of the Day
Country, Funk, Soul
December 1, 2008
Patrick Cockburn
From Baghdad to Mumbai, by Way of Pakistan
Damien Millet /
Eric Toussaint
Obama's Economic Team:
Records of Failure
Vijay Prashad
The Fires in South Asia
Deepak Tripathi
Obama's Foreign Crises
Joshua Frank
Madam Secretary Clinton and the Middle East
P. Sainath
The Unlikely Martyrdom of Free Market Jihad
Alan Farago
The Right's War on Regulators
Binoy Kampmark
Sydney's Ball and Chain
Chris Genovali
Silent Fall
David Michael Green
Hope You Die Before You Get Old
Stephen Martin
The Chinese are Coming, the Chinese are Coming!
Website of the Day
Robert Rubin: Coward, Liar or Both?
November 28-30, 2008
Alexander Cockburn
In Time of Trouble
Mike Whitney
The Obama "Dream Team": Rubin Clones and Other Fakers
Ted Honderich
What is the Meaning of Obama's Election?
Tom Kerr
Preserving Filthy Lucre (Or Becoming My Dad)
Mike Ely
The Conquest of New England
David Yearsley
Hymns of the Conquest
Deepak Tripathi
Uproar in Police-State Britain
Sonja Karkar
Gaza's Death Throes
Ramzy Baroud
Salvation in a News Broadcast
Robert Weitzel
Israel's Settlement on Capitol Hill
Robert Roth
Can We Create a Movement for Change?
Carlos Fierro
Obama and the End of Racism?
David Macaray
How to Kill a Union
David Rosen
A New Sexual Agenda
James Cockcroft
Indigenous People Rising
Stan Cox
The Most Disappointing Gift
Steve Conn
Talking Turkey About College Basketball
Stephen Martin
The Electromagnetic Pulse and Economic Warfare
Richard Rhames
Busty Bimbettes, Bombs and Brand Obama
Kim Nicolini
Women as Products and Cannibalistic Achievers
Lorenzo Wolff
A Battle Cry for the Confused and Vulnerable
Poets' Basement
Woods, Harrison and Corseri
November 27, 2008
Tariq Ali
The Assault on Mumbai
Steve Hendricks
Thanksgiving We Can Believe In: Justice in Indian Country
Ralph Nader
Open Up Those Corporate Tax Returns
John Walsh
The Root Cause of the Crisis of 2008
Dave Lindorff
The Department of Homeland Lunacy
Christopher Brauchli
Thanks A Lot, Mr. Meese: How Alberto Gonzales Learned to Get You to Pay for His Legal Bills
Matthew Koehler
Giving Thanks for Burned Forests
Website of the Day
John Trudell: "Crazy Horse We Hear What You Say"
November 26, 2008
Michael Hudson
The Obama Letdown
Alan Farago
Bailouts and the New Math
Stanley Heller
Don't Bail Them Out, Take Them Over
Kevin Zeese
The Real Cost of the Bailout
Steve Conn
Now It Can Be Told (Except in North Carolina)
Ray McGovern
Kafka and Uighurs at Guantánamo
Ron Jacobs
King George is Gone: Now It's Time to Organize
Eric Walberg
Obama's Odious Entourage
Martha Rosenberg
Pay No Attention to That Turkey Being Slaughtered (Or How Sarah Palin Created a Whole New Generation of Vegetarians)
Matt Siegfried
Back to the Future With Barack
Website of the Day
"Every Time I've Compromised, I've Lost"
November 25, 2008
James Abourezk
Of Arrogance, Bailouts and the Big Three
Ralph Nader
Don't Suppress Carter
Patrick Irelan
PBS Reports for Big Oil on Venezuela
John Ross
Obama in Bedlam
Fred Gardner
Dr. Goodwin and the Infinite Con
Dan LaBotz
The Auto Crisis: a Big Caravan to Washington?
Tom Barry
Napolitano and Immigration Policy
Norman Solomon
The Ideology of No Ideology
Richard Morse
Memo From Haiti:
Where the Culture of Corruption Meets the Corruption of Culture
Chris Strohm
The Missing Rules of Engagement in Cyberwar
Website of the Day
Green vs. Green?
November 24, 2008
Mike Whitney
You Ain't Seen Nothing Yet
Pam Martens
The Rise and Fall of Citigroup
Laray Polk
Bush's Library: the Kurds, Oil and Missing Records
David Ker Thomson
American Friends: With Friends Like These, Who Needs Canadians?
Uri Avnery
Likud Rising
Joe Mowrey
Deprivation and Desperation in Gaza
Ramzi Kysia
An Administration in Search of a Progressive:
the Team Obama Should Have Picked
Kevin Zeese
The Causes of the Auto Crisis
Dave Lindorff
Rescuing the Blob:
Idiots and Bailouts
David Macaray
Seven Reasons You Should Join a Union
Howard Lisnoff
Inaugurations Past and Present
Website of the Day
I Hate the Beatles
November 21 / 23, 2008
Alexander Cockburn
The Honeymoon is Looking a Bit Wan
Michael Hudson
Paulson's Cascade of Lies
Mike Whitney
Time to Move to Plan B ... If There is One
Barbara Rose Johnston /
Holly M. Barker
Cautionary Tales From a Nuclear War Zone
Serge Halimi
The Gloom of Empire: Downhill All the Way
Alan Farago
The Suburbs March On
Ralph Nader
Changing With Retreads: the Third Clinton Administration
Saul Landau
When Old Axioms Don't Apply
Robert Bryce
From LBJ to Obama: the End of Texas Dominance
Shannon May
Ecological Crisis and Eco-Villages in China
Binoy Kampmark
The End of the Yugo
Jack Ely
The Fate of the West's Wild Horses
Ramzy Baroud
The Rights of Women in War Zones
Missy Beattie
Why Vote, Anyway?
Larry Portis
Women Soldiers Serving in (and Barely Surviving) the Israeli Army
James McEnteer
Colombia's Laboratory of Failure
Christopher Brauchli
A Tale of Two Whales
David Yearsley
Real
Swords, Fire and Don Giovanni
Adam Engel
Power Down
Ron Jacobs
The Continuing Saga of the White Album
Lorenzo Wolff
Honky Tonk Heroes:
When Country Got Real
Poets' Basement
Raza Ali Hasan
Website of the Weekend
Lips and Fingers
November 20, 2008
P. Sainath
The Jurassic Auto and Idea Park
Brian McKenna
How Dow Chemical Defies Homeland Security and Risks Another 9/11
Paul Craig Roberts
What Uncle Sam Has to Say to His Creditors
Andy Worthington
How Guanántamo Can be Closed
Peter Lee
India Doubles Down in Afghanistan ... Maybe
Dr. Eyad al-Serraj
At the Erez Crossing
Sen. Russ Feingold
The Bush Pardons
Lance Selfa
Who Made the New Deal?
Ray McGovern
Keeping Gates
Benjamin G. Davis
Ending Torture; Prosecuting the Torturers
Tracy McLellan
Obama's Crony Democracy: the Return of Tom Daschle
Website of the Day
Finally, a Victory for Palestinians
November 19, 2008
M. Shahid Alam
Obama and the Politics of Race and Religion in America
Mario A. Murillo
Holder, Chiquita and Colombian Death Squads
Martine Boulard
Escaping the Dollar's Shadow
Robin D. G. Kelley
Will Obama be the First "Freedom" Democrat?
Behrooz Ghamari-Tabrizi
Obama and the Iron Cage
Jonathan Cook
Who Will Stop the Settlers?
Steve Conn
Spare Change or No Change at All
George Wuerthner
The NYT and the Beetles of Mass Destruction
Michael Winship
This Just in From Middle Earth
Stephen Martin
The Other Side of the Pleasure-Dome
Website of the Day
An Important Holiday Message From Kristen Johnston
November 18, 2008
Chellis Glendinning
Cheering for Morgan Stanley
George C. Wilson
Perils of Pakistan: Will It Prove to be Obama's Cambodia?
Franklin Lamb
Who Will Evict Israel from Lebanon: Hezbollah or the UN?
Bill and Kathleen Christison
The Irresponsibility of Appointing Hillary Clinton Secretary of State
Roger Burbach
Orchestrating a Civic Coup in Bolivia: How Bush Tried to Bring Down Morales
John Ross
Drilling vs. Direct Democracy in Mexico
Wajahat Ali
Is Obama the Muslim World's Superman?
Damien Millet /
Eric Toussaint
What Really Happened in Washington? The G20 and the Inconsistent Script
Marc Gardner
When Mooning is a Sex Crime
Eric Walberg
Courting the Bear: a New Era for Russian/Western Relations?
Wendy Williams
The Bottled Water Con
Website of the Day
Where's Zappa When We Need Him?
November 17, 2008
Michael Hudson
Bankers Shake Down Congress and the G-20
Paul Craig Roberts
When It's a Clear Day and You Can't See GM
Mike Whitney
Busted in Washington
Steve Conn
Where is Nader Country 2008? Mapping the Nader Votes
Andy Worthington
Closing Guantánamo: Advice for Obama
Jonathan Cook
The Real Goal of Israel's Blockade of Gaza: "They Are All Hamas"
Rannie Amiri
Dual Loyalties Will Doom Obama
David Macaray
Bailing Out the Automakers
David Michael Green
Twelve Victories
Charles Modiano
Sports Illustrated and Sexism: Tokenism or a New Day?
Website of the Day
The South Sea Bubble
November 14 / 16, 2008
Alexander Cockburn
Heading for the First Hundred Days
Jeffrey St. Clair
How Bill Clinton Doomed the Spotted Owl: a Cautionary Tale for Greens in the Age of Obama
Mike Whitney
Paulson the Bungler
Sasan Fayazmanesh
RIP: the Experts, 1929-2008
Moshe Adler
Keynes:
China's Greatest Export?
Anthony DiMaggio
Transcending Race?
Jean Bricmont
Cats, Dogs and Creationism
Sheldon Rampton
The Eisenstadt Hoax: a Real Life Example of a "Fake Fake"
Douglas Valentine
Let the Trials Begin!
Joseph Nevins /
Timothy Dunn
Barricading the Border
Tom Barry
Rahm Emanuel's Political Pragmatism on Immigration
Ron Jacobs
Che Guevara Meets Trashman: the Genius of Spain Rodriguez
Larry Portis
The State of the Israeli State
Mary Lynn Cramer Obama's Brain Trust: Seems Like Old Times
Sherry Wolf
The Myth of the Black/Gay Divide
Peter Cervantes-Gautschi
Secretary of Greed: How Larry Summers Championed Wall Street by Impoverishing the Mexican People
Jacob Hornberger
The Conservative Malaise: Hey, Brother, Can You Spare Some Habeas Corpus?
Lance Selfa
The Center-Right Nation Con
Benjamin Dangl
Vermont Against General Dynamics
Seth Sandronsky
Lifelines in Hard Times
Russell Mokhiber
Time to Give the Friends of Big Coal the Boot
Allan Stellar
Nuke a Gay Whale for the Navy
Kelly Overton
Get Thee to a Shelter:
the Obamas and the Million-Mutt March
Martha Rosenberg
Why Mink are Cheering the Economic Crisis
Richard Rhames
Palling Around with Ray the Plumber
David Yearsley
How I Played Hooky from "High School Musical 3"
Lorenzo Wolff
Zach is Back: Songs of Hurt, Rage and Resistance
Poets' Basement
Gibbons, Ford and Buknatski
Website of the Weekend
The Eyes Have It
November 13, 2008
Pam Martens
The Two Trillion DollarBlack Hole
Vijay Prashad
Guilt by Participation: Sonal Shah's Membership Has Expired
Patrick Cockburn
Who is Paying for the Iraqi National Intelligence Service?
Jonathan Cook
The Withering Palestinian Economy
Ralph Nader
Obama and the Rogue Regime
Bill Quigley
McCain Owes America an Apology
Lee Sustar
Bailing Out the Big Three
Omar Barghouti
Boycotting Israeli Settlement Products
Steve Conn
More Alaska Fun
Howard Lisnoff
The Last Bastion of Hate
Jeff Cohen
What Indy Media Heroes Can Teach Us
Website of the Day
Who are the Obamagelicals?
November 12, 2008
Johanna Berrigan
Scattered Families: the Iraq Refugee Crisis
Steve Conn
The Big Mystery Election in Alaska
Patrick Bond
Against Volcker
Bokar Ture /
Dedrick Muhammad
Remembering a Black Radical in a Barack Obama America
Alan Farago
The Hispanic Vote in South Florida: Not Dyed Blue Yet
Dave Lindorff
Rescuing Joe Lieberman
Karl Grossman
Break Up Big Oil: Tyranny in the Tank
David Macaray
An Obama Litmus Test: Will Labor Have a Seat at the Table?
George Wuerthner
Act Now to Save America's Public Forests
Susie Day
Heavy Weather
Website of the Day
Does the Planet Have a Future? an Interview with Derrick Jensen
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December 4, 2008
Who Will Seize the Moment?
Turning Crisis into Opportunity
By RALPH NADER
In ancient China, the character for ?crisis? was associated with ?opportunity.? This month Congress will be faced with both challenges from General Motors, Ford and Chrysler, whose CEOS are begging for a very rapid $34 billion in emergency government loans.
The three auto giants have few cards to play other than the domino effect on the economy, should they collapse into bankruptcy and liquidation. Once Congress signals that, on behalf of its sullen taxpayers, going into this abyss will not happen, our national legislature will hold all the cards.
So if Congress and George W. Bush agree to have Uncle Sam bail out the auto bosses and their tanking companies, important reforms and models can emerge from this multi-faceted mega rescue.
Let it be called the coming of a vigorous government capitalism, based on rigorous conventional reciprocity. First, since the government is contributing tax dollars, taxpayers should receive taxpayer warrants and preferred shares held by the Treasury Department, for stock in the companies. Second, since the government would be a senior creditor, it should exercise restructuring powers to remove the top executives and the Boards of Directors along with other functional re-alignments.
Third, since the government is essentially performing as an insurer, basic standards of loss prevention should be applied. In this context, this means stronger fuel efficiency, emission-control and safety standards to enhance sales and increase the pressure on foreign auto companies. This insurance-driven requirement would further long-existing federal statutory missions in three areas of engineering performance.
In the past ten weeks, ?government capitalism? has been a patsy, absorbing huge taxpayer dollars and liabilities to save an assortment of Wall Street financial corporations. Washington is guaranteeing a clutch of securitized mortgages and consumer loans and even guaranteeing, for the first time, 4 trillion dollars of money market funds.
The bailout of Citigroup illustrates the paucity of reciprocity. It is a sweetheart deal. With Citigroup?s co-executive. Robert Rubin rushing to Washington to structure the deal to save his bank and his own stock portfolio, the Bush regime took on $20 billion in preferred shares and put taxpayers at risk for over $300 billion in the big bank?s loan portfolio. Earlier in October, taxpayers were compelled to buy $25 billion in Citi preferred shares.
Whereas the Feds earlier took a potential 79% ownership of Freddie Mac and Fannie Mae to save those companies, for Citi the government only took 7.8% stake and left the management and board of directors intact.
Since these enormous bailouts and revisions of bailouts largely occur over weekends in frantic secret huddles between government officials formerly from Wall Street and their former colleagues from Wall Street, the actual agreements are not disclosed. They are considered official secrets, assuming they even have been finalized beyond mere memoranda of understanding.
Since all these deals, and more seem to be coming from other commercial and industrial pleaders, are general and appear to be open-ended, resourceful government capitalism can advance shareholder rights across the board and compel a variety of corporate reforms and accountabilities long-desired by progressives and conservatives alike.
At least the auto companies are being subjected to public Congressional hearings for this latest bailout round. In contrast, the CEOs of the financial goliaths got private roundtable treatment at the Treasury Department and the Federal Reserve for far greater rescue packages, revealed in brief statements on Monday morning.
Let?s have a level playing field here and treat all corporate welfare demanders under equal procedural rules shaped on Capitol Hill. Remember the Constitution. It says all spending bills start with the House of Representatives and then go to the Senate and then to the President. Secret taxpayer bailouts by Executive Branch press releases are not what the framers had in mind when they wrote the Constitution.
With the installation of a new president and a new Congress next month, the process must be reversed and these White House-corporate ?understandings? have to be reconsidered and, if maintained, revised.
This is a rare moment in American economic history. Just as the multinational corporations were about to complete the entrenchment of the corporate state in Washington, D.C., -- what President Franklin Delano Roosevelt described in 1939 as a condition of fascism?their speculative greed, recklessness, mismanagement and de-regulatory license turned them into massive supplicants at the taxpayers? trough.
In early October, Washington has Wall Street over a Congressional barrel. Still, Wall Street rolled Washington into a $700 billion bailout barrel and rolled it back to New York City.
With a supposedly reformist Democratically dominated Congress and Obama in the White House, the balance of power for the people of our country can turn. But it will take prompt new exertions by the people, citizen groups, organized investors, taxpayers and workers. Seize the moment.
Ralph Nader is the author of The Seventeen Traditions.

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