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Are Japanese Bonds Signaling Trouble?

May 22nd, 2013

by Stephen Lendman

A previous article discussed the disconnect between soaring markets and troubled economies. Liquidity driven markets only skyrocket so long.

What can't go on forever, won't. No one's sure when. Eventually the music stops. When that happens, watch out. Signals provide clues.

Fed governors hint at slowing QE. Some analysts think by yearend or sooner. Bond prices affect other markets. Spiking Japanese sovereign yields (JGB) suggest trouble. On May 18, The Japan Times headlined "JGB yield spikes raise alarm bells," saying:

"Is it a sign of a full-fledged economic recovery or a looming catastrophe in the monetary making?"

Full story »

Assault on Wall Street - A Review

May 21st, 2013

Michael Collins

Assault on Wall Street glorifies the revenge killing of Wall Street big wigs by a seemingly decent man who lost everything, including his wife, due to the manipulation and fraud of those he gunned down.

Combat veteran and armored car driver, Jim Baxford reaches a hefty body for this sort of thing. He's got nothing on the last three presidents of the United States who bear responsibility for military actions leading to the deaths of several hundred thousand civilians in the Middle East and North Africa.

Baxford's actions are part of a larger social acceptance of violence as a solution to political and personal challenges. This film is not about class warfare. It narrates in detail the losses and pain that Baxford and his wife suffer, why he holds the Wall Streeters accountable, and how he gets his revenge on his own. (Image)

Written and directed by Uwe Boll and produced by Lynnpark Productions of Canada, the film offers an all-American series of horrors that fell on many ordinary citizens but rarely as hard as those horrors fell on the Baxford's.

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Supreme Court Colludes with Monsanto

May 21st, 2013

by Stephen Lendman

It's no surprise. Michael Parenti calls America's High Court its "autocratic branch."

It's notoriously pro-business. It's longstanding. In Santa Clara County v. Southern Pacific Railway (1886), it granted corporations legal personhood.

More recently, in Wal-Mart Stores, Inc. v. Dukes et al (June 2011), it denied longstanding sexual discrimination class action redress. It overruled a Ninth Circuit Court of Appeals decision doing so. In AT&T Mobility v. Concepcion (April 2011), it did so two months earlier. It blocked class action redress claiming fraud. The company's wireless subsidiary charged sales tax on cellphones it advertised as free. Two California courts rules for plaintiffs. The High Court overruled them.

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America: A Modern-Day Sparta

May 21st, 2013

by Stephen Lendman

Permanent war is longstanding policy. America deplores peace. Throughout its history, it's waged war annually at home and/or abroad. Today it does so globally.

Giving peace a chance is loathed. Direct or proxy wars rage in multiple countries.

"Yes we can" reflects Obama's pro-war, pro-imperial, pro-ravage, plunder and dominate agenda. He prioritizes it. He abhors human rights, equity, justice, and other democratic values. Rogue leaders operate that way.

Rule of law principles are spurned. Constitutional protections no longer apply. Any nation, organization or person designated a state enemy is targeted.

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Reinventing Guatemalan History

May 21st, 2013

by Stephen Lendman

History reinventors support despots. Social democrats are vilified. Crimes of war, against humanity and genocide are sanitized. They're whitewashed. They disappear in plain sight.

Wall Street Journal columnist Mary O'Grady tried reinventing Guatemalan history. She failed. More on that below.

Washington tolerates no independent governments. Left of center democratic ones are most vulnerable.

In 1953, the CIA's first coup deposed Iran's Mohammad Mosaddegh. At the time, The New York Times called him "the most popular politician in the country." Reza Shah Pahlavi replaced him. A generation-long reign of terror followed.

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Guantanamo Force-Feeding Constitutes Torture

May 21st, 2013

by Stephen Lendman

Guantanamo detention constitutes torture, abuse and ill-treatment. Long-term detention compounds it.

Force-feeding increases unconscionable pain and suffering. Doing so violates core rule of law principles

Around 130 of 166 Guantanamo detainees refuse food. They're hunger striking for justice. They began in February. They passed 100 days. They'd rather die than endure injustice. Their only escape route is death.

Pentagon officials at first maintained silence. Belatedly they admitted what's well-known. They consistently downplayed it. Now they admit 102 detainees refuse food. At least 130 are involved. Obama dismissively said nothing. His belated acknowledgement reflected disdain for their pain and suffering.

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UN General Assembly Vote Reflects Shift in Syrian Public Opinion

May 21st, 2013

by FRANKLIN LAMB
Homs, Syria

It’s not hard to find critics of the Assad government in the Governorate (Muhafazat) of Homs or for that matter, to varying degrees in Syria’s other thirteen Governorates according to Syrian analysts interviewed by this observer and reports from human rights groups including lawyers representing dissidents in Syria. However, after nearly 27 months of turmoil, the public opinion pendulum is markedly shifting back in support of the current regime.

One international political result was registered at the United Nations this past week when a US-Qatari-Saudi drafted General Assembly Resolution that was designed to increase pressure on the Assad government stumbled badly and fell far short of what the Saudi Ambassador to the UN and other US allies predicted would be an overwhelming vote in favor.

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65 Years of Palestinian Nakba

May 20th, 2013

By Dr. Elias Akleh

Every 15th of May Palestinians; old and young, all over the world, within Zionist occupied Palestine, in every Palestinian refugee camp, and in every exile country, commemorate the Palestinian Nakba; Arabic for national catastrophe. Palestinians contemplate their stolen homeland, the genocide of hundreds of thousands of their Palestinian and Arab brothers and sisters, the total destruction of hundreds of their towns, the wiping off Palestine of the map and the sub-planting to the terrorist state of Israel in its place.

National catastrophe is the proper description of the Palestinian plight caused by the Zionist Jewish occupation of Palestine and the creation of a terrorist state called Israel. Israel is the invention of Zionism, which is a colonial expansionist terrorist movement based on an extremist ethnocentric supremacist Judaic religious discriminative concept of God’s chosen people in God’s promised land. Its primary objective is the establishment of a Jewish only super power state in the heart of the Arab World to control its most needed natural resource of oil in order to control the economy of the whole world and to become the masters of the world as prescribed by their own Judaic religion. To accomplish this Zionist Jews sought to annihilate Palestinians, raze their towns, wipe off their homeland of the map, and erase their culture from history, for an independent Palestinian state negates Israel’s so-called right of existence.

Full story »

Muslim Brotherhood Divides Egypt

May 19th, 2013

Posted by Michael Collins

Success is not defined by taking power, but by how power is managed.

From Al-Akahbar-English - Your Middle East correspondent

By: Alain Gresh, Mustafa BassiouniPublished Saturday, May 18, 2013

An interview with National Salvation Front leader Hamdeen Sabahi, who epitomizes the squandered opportunity of the 2012 Egyptian presidential election. Though the vote ultimately went to Mohamed Mursi, Sabahi, who came third in that poll, was the better choice for the anti-Mubarak vote.

Al-Akhbar (AA): How do you frame your visit to the Sheikh of al-Azhar Ahmed al-Tayeb, politically speaking?

Hamdeen Sabahi (HS): Supporting al-Azhar as an institution of moderate, centrist Islam, and protecting it from falling into the hands of political Islam and being used to the authorities’ advantage, is part of the fight against monopolizing religion by political groups. There must be a level field for the current [political] battle, which the extremist factions have defined in the context of the struggle between Islam and infidels. This is a distorted representation because it means that a particular political faction has monopolized religion.

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Vermont's new choice for death with dignity

May 19th, 2013

Mary Shaw

On May 13, the Vermont state legislature passed a bill that legalizes physician-assisted suicide for terminally ill patients whose suffering has become unbearable but who are capable of making an informed consent on their own behalf. Governor Peter Shumlin has indicated that he will sign the bill into law.

In passing this bill, Vermont becomes the fourth U.S. state to allow physician-assisted suicide, and the first to do so via legislation. Oregon and Washington enacted similar measures via voter referenda in 1994 and 2008, respectively. In Montana, a 2009 court ruling declared it legal.

Full story »

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Voices

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