There is a “mystery” we must explain: How is it that as corporate investments and foreign aid and international loans to poor countries have increased dramatically throughout the world over the last half century, so has poverty? The number of people living in poverty is growing at a faster rate than the world’s population. What do we make of this?
RenegadeEconomist on Jul 29, 2011
Let him show you how aid deals really work…
In short poverty is manmade by amoral people like Bill.
It is not conspiracy — it’s structural economic behaviour locked into Western Foreign Policy and therefore the global economy. It’s branded aid but really its neo-colonialism.
In which the Author introduces himself and then sets out
What follows here is a very loose account of my voyages into the world of talk as found, often accidentally, often against my own will, and seldom as I hoped.
I took with me only a few presumptions, for as Lao Tzu advises, a good traveler has no fixed plans, and is not intent on arriving.
by Prof. Michael Hudson
July 29, 2011
Mr. Obama’s scare tactics to get Democrats to vote for his Republican Wall Street plan
The Wall Street bailout melodrama should be viewed as a dress rehearsal for today’s debt-ceiling non-crisis.
You know that the debt kerfuffle is as melodramatically staged as a World Wrestling Federation exhibition when Mr. Obama makes the blatantly empty threat that if Congress does not “tackle the tough challenges of entitlement and tax reform,” there won’t be money to pay Social Security checks next month. Continue reading
On July 9 I took part in a demonstration in front of the White House, the theme of which was “Stop Bombing Libya”. The last time I had taken part in a protest against US bombing of a foreign country, which the White House was selling as “humanitarian intervention”, as they are now, was in 1999 during the 78-day bombing of Serbia. At that time I went to a couple of such demonstrations and both times I was virtually the only American there. The rest, maybe two dozen, were almost all Serbs. “Humanitarian intervention” is a great selling device for imperialism, particularly in the American market. Americans are desperate to renew their precious faith that the United States means well, that we are still “the good guys”.
democracynow on Jul 28, 2011
Republicans have agreed to a vote today on a budget plan they say will cut the deficit $917 billion over 10 years. The move sets the stage for showdown against unified Democratic opposition in the Senate and threats of a White House veto. To discuss the debt talks and economic austerity worldwide, Democracy Now! interviews Richard Wolff, Emeritus Professor of Economics at University of Massachusetts-Amherst, and author of several books including, “Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It.”
…and Finding Some Ones
Can we just step back for a few minutes, put aside all the little meddling points showcased by the propaganda machine media and political showmen, take a look at the following facts, and try to see the forest despite the trees?
An ‘alleged’ Mastermind executes a terror attack on September 11, 2001, with a few men, to be exact 19.
The debt ceiling crisis can be averted by enforcing the Fourteenth Amendment, which mandates the government to pay its debts already incurred, including pensions. That means Social Security, which IS an “entitlement,” in the original sense of the word. We’re entitled to it because we’ve paid for it with taxes.
In the summer of ‘84, I took my first trip out of the USA; really. I was coming out of a terrible relationship and I saved up to go to a Club Med resort for one week. I believe it was in Martinique, and unlike 95% of the other vacationers, I went alone. Well, after two days at the place the oppressive heat and humidity, with no AC in our room, and the bugs just got the best of me. I didn’t care how much it cost me; I was going home… and fast! Continue reading
Norway’s cold-blooded mass killer Anders Behring Breivik claimed in a closed court hearing that he was a member of two cells in a far-right organisation committed to bringing about a cultural revolution in Europe.
The claim by the 32-year-old son of a diplomat implies that he had accomplices in carrying out his deadly mission in which at least 76 people were killed in a twin bomb and gun attack in and around the Norwegian capital, Oslo, last Friday.
Being a cynical person to begin with, I must admit that the wool was completely pulled over my eyes and dare to say that I was incredibly naive when I placed my vote for what has turned out to be one of the worst Presidents to ever hold office. Each day, impossible as it may seem, things get worse and worse. All anyone had to do to realize (from the beginning of this joke of a Presidency), was to observe who this President has surrounded himself with in his cabinet and advisers from day one (Geithner, and Summers especially). Continue reading
Note: The Preface and Chapters One through Sixteen can be found here: The 15% Solution
This is the eighteenth installment of the serialization of a book entitled The 15% Solution: A Political History of American Fascism, 2001-2022. Herein you will find Chapter 17. This chapter presents the Restoration Declaration issued by the leadership of the first fully organized, national, movement of resistance to the fascist regime in control of the old United States through their monster creation, “The New American Republics.” Continue reading
The people of Somalia are not like us.
Their skin is black and gray and parched by sun.
They carry their babies on bony hips,
Walking for miles for a little water.
Even their babies are resigned to death,
Hollow-eyed, fly-covered, without the strength
To cry, without the will to endure.
KABUL, Jul 28, 2011 (IPS) – The Taliban leadership is ready to negotiate peace with the United States right now if Washington indicates its willingness to provide a timetable for complete withdrawal, according to a former Afghan prime minister who set up a secret meeting between a senior Taliban official and a U.S. general two years ago.