QuantItative Easing: Elixir or Poison?

November 7th, 2010

by Stephen Lendman

Ahead of the November 11 - 12 G-20 meeting in Seoul, South Korea, the Fed announced QE II, another $600 billion between now and end of June 2011, a flexible figure to be raised or lowered freely, the Fed saying it will:

"....regularly review the pace of its securities purchases and the overall size of the asset-purchase program in light of incoming information and will adjust the program as needed to best foster maximum employment and price stability."

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The Democratic Party Debacle and the Demise of the Left-Center Left: A Worldwide Trend

November 7th, 2010

James Petras

Introduction:

The November 2, 2010 electoral debacle of the Democratic Party in the US cannot be solely ascribed to the failed policies of President Obama, the Congressional leadership or their senior economic advisers. Nor is the demise of what passes for the American “center-left” confined to the US – it is a world-wide pattern, expressed in countries as diverse as Greece, Portugal, Spain, Great Britain and Japan.

The central question is why the left-center left governing parties are everywhere in crisis and will be for the foreseeable future?

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GORDON DUFF: YEMEN: AL QAEDA PRESENCE NOT CREDIBLE

November 7th, 2010

by Gordon Duff

"AL QAEDA" CALL FOR ATTACKS ON AMERICA, NOT ISRAEL, UNDER SUSPICION

The people of Yemen simply don't believe in Al Qaeda or Osama bin Laden, and for good reason. When Abdullah al-Faqih, professor of political science at Sana University told the New York Times, "We cannot differentiate between what is propaganda and what is real¡­Some of what looks like Al Qaeda is really terror as a business."

With early news stories being continually contradicted, bombs that weren't really bombs heading out on flights that never existed, carrying packages for companies that don't service Yemen, all heading for Chicago synagogues, part of the wildest "persecution complex" of all time, the whole "Al Qaeda/Yemen" thing has been little more than a "borscht belt" comedy act.

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Open Season on Muslims in America

November 7th, 2010

by Stephen Lendman

More than ever today, Muslims are public enemy number one. Post-9/11, they've been ruthlessly vilified and persecuted for their faith, ethnicity, prominence and activism. As a result, innocent men and women have been spuriously called terrorists, or charged with conspiracy to provide them material support.

No wonder as an earlier article explained. They've been unfairly portrayed as culturally inferior, dirty, lecherous, untrustworthy, religiously fanatical, violent, gun-toting terrorists. As a result, hundreds have been wrongfully arrested, charged, convicted and imprisoned, guilty only of being Muslims in America at the wrong time. Their treatment represents a clear indictment of US injustice, targeting innocent victims for political advantage.

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