It's time for Plan B. The White House is about to be sold to the same people who bought it in 2008. The front page of today's New York Times says it all. President Obama is on the hunt for campaign cash and the Wall Street crowd represents his main target. After all, he and his "good friend Tim" (Geithner) delivered in the biggest way possible. Obama must be thinking that it's payback time! Pony up fellas.
This much is clear. There will be no federal prosecutions of Wall Street crooks for the 2008 financial collapse, no day of judgment for massive mortgage fraud before, during and after the housing bubble, and no representation for the people the in the White House, no matter who wins in 2012. Populist rhetoric will guarantee a place on the no-fly list for any who stray from the new party line.
The Times article resorts to irony right out of the gate:
"Mr. Obama, who enraged many financial industry executives a year and a half ago by labeling them “fat cats” and criticizing their bonuses, followed up the meeting with phone calls to those who could not attend." New York Times, June 13
By Gilad Atzmon
The press release ahead of the “Tahrir Square to Jerusalem” event in Logan Hall London promised to be an “imaginative production that will transport us from Tahrir Square through Jenin and to the heart of the new Jasmine Revolution sweeping the Arab world”.
Razanne Carmey the artistic director and Mohamed Masharqa the producer certainly kept their promise. It was indeed an incredible evening, and probably the biggest Palestinian cultural event since the 2005 Deir Yassin Annual commemoration event. Once again we saw a room entirely full with an enthusiastic, dynamic crowd, supporting a stage that was exploding with Palestinian talent.
By Joel S. Hirschhorn
One of the hardest truths to accept is that for most sources of pain hitting humans there seems to be nothing effective for government to do. Nowadays, those of us who do not gobble various distractions but work to stay connected to reality see two dreadful conditions. Nature seems mad as hell. People are dying or suffering from earthquakes, tsunamis, floods, tornadoes, wildfires, hurricanes, extreme heat, huge snow storms and more. While some idiots keep trying to deny the reality of global climate change, those of us who have lived a long time see firsthand that killer weather events are more prevalent than ever.
While you may be fighting your paranoia about being victimized by foul weather the other ugly reality already devastating the lives of so many people is a dismal set of economic conditions. Contrary to all the usual lies by politicians about the economic recovery, a mountain of data shows non-delusional people that only the wealthy have escaped economic pain.
By Khalid Amayreh
Stephen Harper, Canada's eccentric prime minister, claims to be conducting politics, including foreign policy, according to the "way of Jesus." However, it is amply clear that this man and his policies represent the exact anti-thesis of every sublime Christian ideal.
A few weeks ago, Harper, having received a telephone call from Israel's hawkish Prime Minister Benyamin Netanyahu, insisted that no mention of Israel's pre-1967 borders be made in the G8 Summit leaders' final communiqué.
Harper's "intervention" collided with the views of all other leaders who wanted the border line to be specifically mentioned. It also contravened the positions of the rest of the international community.
One European diplomat reportedly remarked that "Canadians were really very adamant, even though Obama expressly referred to the 1967 borders in his speech last week."
By Kourosh Ziabari
Deepak Tripathi is a British historian, journalist and researcher who specializes in South and West Asia affairs, terrorism and the United States foreign policy. He was born into a political family in Unnao, the Indian state of Uttar Pradesh. His grandfather, Pandit Vishwambhar Dayal Tripathi, was a prominent leader in the Indian independence movement and Member of the Constituent Assembly and later the Indian Parliament.
Deepak Tripathi worked with BBC for almost 23 years and ended up his cooperation with the British broadcaster in 2000. During these years, he served as a South Asia specialist and correspondent, Afghanistan correspondent and Syria, Nepal, Pakistan, India and Sri Lanka reporter. He has also been a BBC News and World Service Radio News producer.
By Ellen Hodgson Brown, J.D.
Countries everywhere are facing debt crises today, precipitated by the credit collapse of 2008. Public services are being slashed and public assets are being sold off, in a futile attempt to balance budgets that can’t be balanced because the money supply itself has shrunk. Governments usually get the blame for excessive spending, but governments did not initiate the crisis. The collapse was in the banking system, and in the credit that it is responsible for creating and sustaining.
Contrary to popular belief, most of our money today is not created by governments. It is created by private banks as loans. The private system of money creation has grown so powerful over the centuries that it has come to dominate governments globally. But the system contains the seeds of its own destruction. The source of its power is also a fatal design flaw.
By David Kendall
Beyond merely complaining about what is wrong with our world, Dr. Martin Luther King Jr. insists that we must begin now to imagine and actively create a new one. A short excerpt from chapter 5 of his last book appears at the end of this article to outline his overall vision for abolishing poverty by providing either jobs or incomes or both. This excerpt has been widely published and analyzed by individual blogs and reputable news sources throughout the Internet over time. But it is worthy of repeating here for a number of reasons.
In the 40 years since Dr. King's death, we've heard endless discussions about how to create jobs and/or incomes. But talk is cheap, and most of these discussions are rooted in the mythical assumption that wealthy individuals are needed to provide either jobs or incomes in a so-called 'developed' or 'industrial' society. The Mondragon Cooperative Corporation in Spain has debunked this myth for more than 50 years. As it turns out, workers can create their own damn jobs. Absentee shareholders need not apply. Greg MacLeod's book, "From Mondragon To America: Experiments in Community Development" puts real-world 'legs' on Dr. King's vision of full-employment.
by Stephen Lendman
Except for bankers, war profiteers, other corporate favorites, and America's super-rich, it's hard imagining why anyone supports a president backing policies harming so many at home and abroad.
The good news perhaps is that growing numbers are awakening, the latest June 7 - 9 Zogby International poll showing recent lows in Obama's popularity:
-- 56% disapprove of his job as president; 43% approve;
These days you can’t swing a cat or open your mailbox without being hit by a flood of emails about the memorials, tributes, condolences, and donation sites for the victims of these tragedies that the conspiracy theorists say were created -- not right after the event, but right before the event.
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