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davidcnswanson
March 03, 2010
The history of the American corporate catastrophe and how to fix it, all in 60 seconds.
Day: March 3, 2010
Is The Recovery Real? The US Economy is Set for a “Double-Dip” Recession by Paul Craig Roberts
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by Paul Craig Roberts
Global Research, March 3, 2010
Happy news! The government has come up with a 5.9 percent GDP growth rate in the fourth quarter of 2009. The recession is over.
Or is it? Statistician John Williams has informed us that 69 percent of this growth, or 4.1 percentage points, is the result of inventory accumulation. That leaves a 1.8 percent growth rate, and the 1.8 percent is likely due to the underestimate of inflation and other statistical problems.
The Federal Reserve’s own monetary evidence contradicts the recovery assurances from Fed chairman Ben Bernanke. The Federal Reserve continues to pour massive reserves into the banks. The monetary base, which consists of currency in circulation and bank reserves (the basis for new loans), has surged from $850 billion in 2009 to $2.2 trillion on February 24.
The Black Hole of Guantánamo by Andy Worthington
by Andy Worthington
Featured Writer
Dandelion Salad
www.andyworthington.co.uk
3 March, 2010
When it comes to dealing with the thorny question of how to close Guantánamo, the remaining prisoners have been caught between two competing systems since President Obama took office last January, and the result, to put it mildly, has been confusing.
Under President Bush, prisoners were cleared for release by military review boards, established to review the supposed evidence against them, and to determine whether they constituted an ongoing threat to the US. This appeared to be a maddeningly arbitrary system, but it led to the release of hundreds of the prisoners. Continue reading
Mossad Comes to America: Death Squads by Invitation By James Petras
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By James Petras
Axisoflogic.com
Wednesday, Mar 3, 2010
The principle propaganda mouthpiece of the Presidents of Major American Jewish Organizations (PMAJO), the Daily Alert (DA), has come out in full support for Israel’s practice of extra-judicial, extra-territorial assassination.
In the face of world-wide governmental condemnation (except from the Zionist-occupied White House and US Congress), the PMAJO slavishly backs any brutal murder committed by the Israeli secret police anywhere in the world and at anytime. The recent assassination of Hamas leader, Mahmoud Mabhouh, in Dubai is a case in point. The PMAJO has defended all of Mossad’s criminal actions leading up to the murder, including extensive identity theft and the stealing or falsification of passports and official documents from several European countries, presumably allied to the Zionist state. Among the Mossad agents who entered Dubai to kill Mabhouh, twelve agents used stolen or forged British passports, three Australian, three French, one German and six Irish. These agents assumed the identity of European citizens in order to commit murder in a sovereign nation.
Dennis Kucinich: Some People Support The Afghan War, I Do Not! + Text of the Resolution
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MoxNewsDotCom
March 03, 2010
Congressman Dennis Kucinich on the House Floor.
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IOT: End War and Occupations, Redirect Funding March Call
Ralph Nader on Bunning, Dodd, Cars and Poverty in D. C.
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Democracy Now!
March 2, 2010
Ralph Nader on the GOP Filibuster of Unemployment Benefits Bill, the Collapse of the Consumer Financial Protection Agency Proposal, and the Latest Auto Recalls
Senate Republican Jim Bunning is continuing to filibuster a key spending bill to extend unemployment benefits for hundreds of thousands of American workers. The blocked bill also affects several governmental agencies, rural television customers and doctors receiving Medicare payments. At the same time, Senate Banking Committee Chair Christopher Dodd has abandoned an idea proposed by President Obama and favored by consumer groups to create an independent Consumer Financial Protection Agency to protect consumers against abuses in mortgages, credit cards and other forms of lending. Meanwhile, General Motors announced today it is recalling 1.3 million compact cars in North America because of a power steering problem that has been linked to fourteen crashes. GM blamed the fault on a supplier partially owned by Toyota. We speak to longtime consumer advocate Ralph Nader. [includes rush transcript]
Time for a Broad Based Anti-War Movement: Can the Right and Left Work Together to Oppose War and Empire?
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By Kevin Zeese
Axisoflogic.com
Voters for Peace
Feb 25, 2010
There has to be a better way to stop wars and reduce military spending. Polls show U.S. voters divided on current wars and more often show majority opposition to them. Yet, when Congress “debates” war the widespread view of Americans is muffled, not usually not heard.
For the last decade, the peace movement has been politically left and Democratic leaning. The right wing has been kept off the stage, and as a result, the anti-war movement does not reflect the breadth of American opposition to war. For too long the peace movement has been like a bird with only a left wing. It can barely fly and when it does it seems to go in circles. Perhaps a bird with two wings will fly better?
UCubed — An Opening Salvo in the Civic Revolution By Richard D. Vogel
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By Richard D. Vogel
Axisoflogic.com
Tuesday, Mar 2, 2010
Ur Union of Unemployed, nicknamed UCubed (U3), is an opening salvo in the civic revolution that is brewing in the USA.
UCubed is a community service project of the International Association of Machinists and Aerospace Workers (IAM) and its partners intended to unify the unemployed in a unique and useful way. The strategy is to organize the unemployed and underemployed in specific zip codes into cubes (6 individuals), which, in turn will be organized into neighborhoods (9 cubes) and ultimately into power blocks (3 neighborhoods). The immediate objective of the U3 strategy is to have job activists, organized by their zip codes, advocate for sound labor policy across the nation. The long range implications of working people recovering a voice in national politics are momentous.
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