Archive for November, 2008

Bailouts create health pandemic

Monday, November 24th, 2008

Seattle Post Intelligencer

By SCOTT BARNHART AND AMY HAGOPIAN

GUEST COLUMNISTS

Taxpayers are now left holding the bag for $1 trillion in debt incurred by capitalists run rampant, brought about largely by a frenzy of deregulation over the past decade. These bailouts are as dramatic as a pandemic of influenza resulting in the Department of Health declaring marshal law, closing schools and restricting [...]

Torture and Impunity

Monday, November 24th, 2008

Friends Journal

by Chuck Fager

Will government-sponsored torture remain a shocking anomaly in U.S. public life? Or will it become an accepted precedent, one of the many tools of power in the hands of our rulers?

I believe the United States is approaching a crucial shift from the first state to the second. It can be called the torture transition.

As this is [...]

Naomi Klein: The Borderline Illegal Deals Behind the $700 Billion

Sunday, November 23rd, 2008

Axis of Logic, MA

By Amy Goodman – interview with Naomi Klein

Nov 23, 2008, 06:26

The bailout is a parting gift to the people that George Bush once referred to jokingly as “my base.”

Amy Goodman: World leaders from nearly two dozen countries met in Washington over the weekend to discuss plans to increase regulation of international financial activity. They acknowledged that [...]

No more them and us, with a farewell to American supremacy

Thursday, November 20th, 2008

guardian.co.uk

China to be biggest beneficiary of change, with wealth moving from west to east and nations competing for scarce resources

Julian Borger

The view of the world presented by the National Intelligence Council (NIC) lacks the black and white, us and them, good and evil clarity of the Bush years. It is a place of competing centres of power, scarce [...]

Obama brings US in from the cold

Wednesday, November 19th, 2008

Independent

In a landmark speech, the next president ends American isolationism over climate change

By Leonard Doyle in Washington and Michael McCarthy

Thursday, 20 November 2008

Prospects for success in the world’s struggle to combat global warming have been transformed at a stroke after US President-elect Barack Obama made it clear that America would play its full part in renewing the Kyoto [...]

30 reasons for Depression 2 by 2011

Tuesday, November 18th, 2008

MINA: 30 reasons for Depression 2 by 2011 2008-11-19

Scan these 30 “leading indicators.” Each problem has one or more possible solutions, but lacks unified political support. Time’s running out.

We’re already at the edge. Add up the trillions in debt: Any collective solution will only compound our problems, because the cumulative debt will overwhelm us, make matters worse:

America’s credit rating may [...]

In Praise of a Rocky Transition

Thursday, November 13th, 2008

The Nation, NY

By Naomi Klein

This article appeared in the December 1, 2008 edition of The Nation.

The more details emerge, the clearer it becomes that Washington’s handling of the Wall Street bailout is not merely incompetent. It is borderline criminal.

In a moment of high panic in late September, the US Treasury unilaterally pushed through a radical change in how [...]