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by Jon Faulkner
The U.S, for the last few decades, has been seriously hurt by the leadership Americans chose. Obama will very likely be defeated in 2012 by a landslide victory of the G.O.P. The new ultra rightist government will renew its attacks upon the U.S. Constitution, and whatever still exists of the Constitutional protections once afforded Americans will be further diminished. Social programs, including the big one, Social Security, will be dissolved and whatever is left of the trust fund will be handed over to private investors. Old folks should be making plans for other health and living arrangements. The U.S. will descend into true Third World status, and its influence in the world will diminish further. Unless that is, the rightist government begins a new era of imperialist aggression beginning with any nation unable to defend itself.
The question will be how much the world will allow U.S. imperialism to advance before a collective effort, probably led by Russia and China, is launched to contain the U.S. The wars in Iraq and Afghanistan have been too profitable for U.S. Corporations to ignore future adventures in foreign lands. Evildoers are remarkably easy to find, particularly when one looks for them. Bush prepared the ground when he informed the nation that endless war was necessary.
“It is a universal truth that the loss of liberty at home is to be charged to the provisions against danger, real or pretended, from abroad.” … James Madison
What was once the world’s strongest economy is now drowning in debt, and the corporations with their magical free market wizards are being rewarded with vast amounts of taxpayer dollars for sinking the economy. It’s provident for them that American taxpayers didn’t get the same tax breaks they did. Otherwise there would be little money to give them. The big banks, investment firms and insurers are busy, with full political support, finishing off what little is left of the U.S. economy. Obama knows what is necessary to fix the nation’s headlong plunge into economic oblivion, but he hasn’t the courage or the political support to fix a flat tire, never mind the economy.
The American people have been the victims of their own self righteous morality. They have been lazy and guilty of unbelievable ignorance. The warnings were everywhere, but they were far too comfortable with their baseless opinions to see them. The “We Report, you Decide” crew did a fine number on them, and they’re still being jerked around like a marionettes on a string.
“Capitalism has defeated communism. It is now well on its way to defeating democracy.” … David Korten
Editor’s note: What he said…
By Chuck Baldwin
Self-proclaimed “conservatives” love to tout themselves as ardent supporters of the “free enterprise” system. In the name of “capitalism,” they support any and every piece of legislation or governmental decision that caters to business—especially Big Business. Favorite policies of these folks include anything and everything that calls itself “free trade.” Furthermore, these same “conservatives” will support just about anything and everything that is said to advance the so-called “global economy.”
Needless to say, in the name of “free trade” millions of American jobs and thousands of American manufacturing plants have been outsourced to foreign countries and interests. And leading the charge for “free trade,” outsourcing, and the “global economy” is the international cabal known as Big Business. But Big Business does not play this game alone. Joining Big Business is its pernicious partner, Big Government.
Together, Big Business and Big Government form a tyrannical tandem that is squeezing the breath out of our once-great republic. In fact, people need to understand that what is passing for “capitalism” in America today is nothing more than “Corporatism.”
Legislation to Establish Internment Camps on US Military Bases
Global Research, March 18, 2009
The Economic and Social Crisis
The financial meltdown has unleash-ed a latent and emergent social crisis across the United States.
What is at stake is the fraudulent confiscation of lifelong savings and pension funds, the appropriation of tax revenues to finance the trillion dollar “bank bailouts,” which ultimately serve to line the pockets of the richest people in America.
This economic crisis is in large part the result of financial manipulation and outright fraud to the detriment of entire populations, to a renewed wave of corporate bankruptcies, mass unemployment and poverty.
The criminalization of the global financial system, characterized by a “Shadow Banking” network has resulted in the centralization of bank power and an unprecedented concentration of private wealth.
Obama’s “economic stimulus” package and budget proposals contribute to a further process of concentration and centralization of bank power, the cumulative effects of which will eventually result in large scale corporate bankruptcies and a new wave of foreclosures, not to mention fiscal collapse and the downfall of social programs.
The cumulative decline of real economic activity backlashes on employment and wages, which in turn leads to a collapse in purchasing power. The proposed “solution” under the Obama administration contributes to exacerbating rather than alleviating social inequalities and the process of wealth concentration.
How Detroit’s Automakers went from Kings of the Road to Roadkill
The following is adapted from a speech delivered by Joseph B. White at a January seminar (2009) on the topic, “Cars and Trucks, Markets and Governments.”
I’d like to start by congratulating all of you. You are all now in the auto business, the Sport of Kings — or in our case, presidents and members of Congress. Without your support — and I assume that most of you are fortunate enough to pay taxes — General Motors and Chrysler would very likely be getting measured by the undertakers of the bankruptcy courts. But make no mistake. What has happened to GM is essentially bankruptcy by other means, and that is an extraordinary event in the political and economic history of our country.
GM is an institution that survived in its early years the kind of management turbulence we’ve come to associate with particularly chaotic Internet startups. But with Alfred P. Sloan in charge, GM settled down to become the very model of the modern corporation. It navigated through the Great Depression, and negotiated the transition from producing tanks and other military material during World War II to peacetime production of cars and trucks. It was global before global was cool, as its current chairman used to say. And it was the world’s largest automaker until just a year or so ago.
How does a juggernaut like this become the basket case that we see before us today?
By Prof. James Petras
Hat tip: Global Research
March 30, 2009
All the idols of capitalism over the past three decades crashed. The assumptions and presumptions, paradigm and prognosis of indefinite progress under liberal free market capitalism have been tested and have failed. We are living the end of an entire epoch: Experts everywhere witness the collapse of the US and world financial system, the absence of credit for trade and the lack of financing for investment. A world depression, in which upward of a quarter of the world’s labor force will be unemployed, is looming. The biggest decline in trade in recent world history – down 40% year to year – defines the future. The immanent bankruptcies of the biggest manufacturing companies in the capitalist world haunt Western political leaders. The ‘market’ as a mechanism for allocating resources and the government of the US as the ‘leader’ of the global economy have been discredited. (Financial Times, March 9, 2009) All the assumptions about ‘self-stabilizing markets’ are demonstrably false and outmoded. The rejection of public intervention in the market and the advocacy of supply-side economics have been discredited even in the eyes of their practitioners. Even official circles recognize that ‘inequality of income’ contributed to the onset of the economic crash and should be corrected. Planning, public ownership, nationalization are on the agenda while socialist alternatives have become almost respectable.
With the onset of the depression, all the shibboleths of the past decade are discarded: As export-oriented growth strategies fail, import substitution policies emerge. As the world economy ‘de-globalizes’ and capital is ‘repatriated’ to save near bankrupt head offices – national ownership is proposed. As trillions of dollars/Euros/yen in assets are destroyed and devalued, massive layoffs extend unemployment everywhere. Fear, anxiety and uncertainty stalk the offices of state, financial directorships, the office suites the factories, and the streets
We enter a time of upheaval, when the foundations of the world political and economic order are deeply fractured, to the point that no one can imagine any restoration of the political-economic order of the recent past. The future promises economic chaos, political upheavals and mass impoverishment. Once again, the specter of socialism hovers over the ruins of the former giants of finance. As free market capital collapses, its ideological advocates jump ship, abandon their line and verse of the virtues of the market and sing a new chorus: the State as Savior of the System – a dubious proposition, whose only outcome will be to prolong the pillage of the public treasury and postpone the death agony of capitalism as we have known it.
by Mr M
March 26, 2009
The 12th amendment to the Generations Invigorating Volunteerism and Education Act(“GIVE” or download the ), that was just rubber stamped by the Senate, states, “Amendment to prohibit organizations from attempting to influence legislation; organize or engage in protests, petitions, boycotts, or strikes; and assist, promote, or deter union organizing.”
This is being attached to a bill that will make military service mandatory and which will create a seven-million person domestic army under direct authority of the Federal government. And they’re going to be trained into believing that trying to influence legislation, engaging in protests, signing a petition, boycotts, striking, or to assist, promote, union organizing, will be an act against our government and under those guidelines, under the still in place Patriot Act, be considered an enemy combatants and can be interned without charge indefinitely.
Lets add this on to MICA document last week that was leaked buy real patriotic police that told police to treat Ron Paul, Chuck, Baldwin, and Bob Barr supporters along with “people that carry copies of the Constitution”, as suspected terrorists threats. And things start adding up.
Hat tip: George Washington blog
The Department of Homeland Security and police forces label anyone who they disagree with – or who disagrees with government policies – as “terrorists”.
Don’t believe me?
Well, according to a law school professor, pursuant to the Military Commissions Act, “Anyone who …speaks out against the government’s policies could be declared an ‘unlawful enemy combatant’ and imprisoned indefinitely. That includes American citizens.”
And according to an FBI memo, peace protesters are being labeled as “terrorists”. Indeed, police have been terrorizing children, little old ladies and other “dangerous” people who attempted to peacefully protest.
And a 2003 FBI memo describes protesters’ use of videotaping as an “intimidation” technique, even though – as the ACLU points out – “Most mainstream demonstrators often use videotape during protests to document law enforcement activity and, more importantly, deter police from acting outside the law.” The FBI appears to be objecting to the use of cameras to document unlawful behavior by law enforcement itself.
And the Internet has been labeled as a breeding ground for terrorists, with anyone who questions the government’s versions of history being especially equated with terrorists.
Now, the state of Missouri has labeled as terrorists current Congressman Ron Paul and his supporters, former Congressman Bob Barr, libertarians in general, anyone who holds gold, and a host of other people.
In other words, anyone who disagrees with the “acceptable” way of looking at things is a terrorist.
How is this different from Stalin or Mao’s use of labels such as “enemy of the state”?
by Stephen Lendman
On February 10, Israel held parliamentary elections for 120 seats in its 18th Knesset. The process repeats every four years unless the body calls an earlier election by majority vote. The prime minister may also ask the president to request one early that will proceed unless the Knesset blocks it. Parliamentary terms may be extended beyond four years by special majority vote. Israel has no constitution. Under Article 4 of its Basic Law: The Knesset:
“The Knesset shall be elected by general, national, direct, equal, secret and proportional elections, in accordance with the Knesset Elections Law.” Every Israeli citizen 18 or older may vote, including Arabs who are nominally enfranchised, may serve in the parliament, but can’t govern or in any way influence policy.
Knesset seats are assigned proportionally to each party’s percentage of the total vote. A minimum total is required to win any seats. Jewish parties alone are empowered. Arab parliamentarians have no decision-making authority. They’re also constrained by the 1992 Law of Political Parties and section 7A(1) of the Basic Law that prohibits candidates from denying “the existence of the State of Israel as the state of the Jewish people.”
Under the law for Arabs and Jews, no candidate may challenge Israel’s fundamental Jewish character or demand equal rights, privileges, and justice. The essential Zionist identity is inviolable. The law works only for Jews. Israeli Arabs have no rights. They’re denied equal treatment and justice, even those elected to public office. Israel calls this democracy. South Africa called it apartheid. Nazi Germany called it fascism.
On January 12, the Central Elections Committee (CEC) banned two Arab parties from participating in the February elections on grounds of incitement, racism, supporting terrorist groups, and refusing to recognize Israel’s right to exist. Two extremist right wing parties requested it – Yisrael Beiteinu and National Union. Named were United Arab List-Ta’al and Balad. All charges were bogus and hateful.
By Paul Craig Roberts
February 16, 2009
The Bush/Obama bailout/stimulus plans are not going to work.
Both are schemes hatched by a clique of financial insiders. The schemes will redistribute income and wealth from American taxpayers to the shyster banksters, who have destroyed American jobs, ruined the retirement plans of tens of millions of Americans, and worsened the situation of millions of people worldwide who naively trusted American financial institutions. The ongoing theft has simply been recast. Instead of using fraudulent financial instruments, the banksters are using government policy.
Friday, February 6, 2009
Here is an excellent response to socialist luminary Naomi Klein’s latest article in which she again blames “free market ideology” as being responsible for the economic crisis, when in fact any cursorary study reveals that the anti-free market policies of the Federal Reserve, along with corporate fascism, not free-market capitalism, are the culprit.
RE: Naomi Klein: Public Revolt Builds Against Rip-off Rescue Plans for the Economy
“The pattern is clear: governments that respond to a crisis created by free-market ideology with an acceleration of that same discredited agenda will not survive to tell the tale. As Italy’s students have taken to shouting in the streets: “We won’t pay for your crisis!”
Klein’s “Pattern” = NONSENSE –> “Free-Markets” DO NOT EXIST under FASCISM
In fact the only solution Naomi Klein and her ilk offer is “nationalizing” money power under a corrupted Washington circus already run by Organized Corporate Crime (FASCISM) anyway. In other words more concentration of power in fewer hands. Exactly the sordid hands that now bankroll all play-actors at the Washington-MSM madhouse that rigged the financial crash to begin with.