By Arianna Huffington America, it seems, can’t wait to get back to business — risky business — as usual. No matter how atrocious business has been. Newsweek‘s latest cover story declares that The Great Recession is over. A Merrill Lynch report concurs, saying, “The recession is over…We are bullish on global equities.” Goldman Sachs is [...]
By Mike Whitney Dateline: Global Research, April 18, 2009 RETAIL SALES FELL IN MARCH as soaring job losses and tighter credit conditions forced consumers to cut back sharply on discretionary spending. Nearly every sector saw declines including electronics, restaurants, furniture, sporting goods and building materials. Auto sales continued their historic nosedive despite aggressive promotions on new [...]
ANALYSIS: NICOLE COLSON Pushed beyond the breaking point. Nicole Colson examines the recent surge in multiple shootings and finds that the economic crisis is increasingly a factor. April 16, 2009 ONE AFTER another over the last month, the reports of terrible incidents of violence kept coming: – A Vietnamese immigrant in Binghamton, N.Y., increasingly paranoid about police [...]
“I am asked occasionally why I am so critical of the mainstream media when I quote from them repeatedly in my writings. The answer is simple. The American media’s gravest shortcoming is much more their errors of omission than their errors of commission. It’s what they leave out that distorts the news more than any factual errors or out-and-out lies. “
April 2, 2009 Give Obama a Chance to Do What? By Kevin Gosztola IF IT WEREN’T FOR ALL THE EXCUSES BEING MADE for Obama’s and his administration’s actions, I would feel a whole lot better. I think others who suffered under the Bush Regime would too. The populist anger across America is refreshing. People are [...]
Dateline: Global Research, March 28, 2009 Newspaper reports seem surprised at how high banks are bidding for the junk mortgages that Mr. Geithner is now bidding for, having mobilized the FDIC and Fed to transfer yet more public funds to the banks. Yet bank stocks are soaring: that is what is bidding up the Dow Jones Industrial Average (DJIA), [...]
Dateline: New York Times | March 21, 2009 | Op-Ed Why has there been so little transparency and so much evasiveness? The answer is that too many of the administration’s officials are too marinated in the insiders’ culture to police it, reform it or own up to their own past complicity with it. By Frank Rich A [...]
“In light of what has happened since then, that outcome must now be viewed as a tragic surrender to Geithner, Summers, and the political/Wall Street class — a “victory” that could lead to the unraveling of the president’s entire economic policy….”
VOL 29 / Since 1982
ROWAN WOLF Editor
in Chief
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• PATRICE GREANVILLE Publisher
•
ED DUVIN
Editor-at-Large
• GAITHER STEWART
Senior Editor / European Correspondent (Rome)
• ANTHONY MARR Science
Ecoanimal Issues Editor
• STEVEN JONAS Contributing Editor
• STEPHEN LENDMAN
Contributing Editor
ANWAAR HUSSAIN
Contributing Editor
TOM BURGHARDT
Contributing Editor
BINOY KAMPMARK
Contributing Editor
Contributing Editor
PHIL ROCKSTROH
Contributing Editor
WILLIAM BLUM
Contributing Editor
• JOE BAGEANT
Editor Emeritus
"Most spy thrillers are written from the assumption that we're the good guys who are under attack by bad guys so evil that we're justified in bending the rules to save ourselves from them. Lies, deceit, sabotage, even murder are sometimes necessary to defend peace, justice, and the American Way against (pick one, depending on when the book was written) Nazis, communists, or terrorists...Gaither Stewart offers no such patriotic platitudes in The Trojan Spy. The bad guys turn out to be us -- the US and its Western allies. Our intelligence agencies are revealed to be working in a symbiotic relationship with the terrorists, using the attacks to provide justification for wars of geopolitical and economic conquest." —William Hathaway, former Special Forces, author, A Radical Peace
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