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Italians Rejects Austerity
by Stephen Lendman
It's high time voters somewhere did. It transfers wealth to bankers, other corporate favorites and rich elites.
It wrecks economies. It creates poverty, unemployment and human misery. It turns countries into dystopian backwaters.
Italian voters said no more. They rejected Mario Monti extremism. He represents unelected technocrat government. They did so overwhelmingly.
Imperial America’s in Good Hands with Philip Gordon
by Stephen Lendman
He's an American diplomat. He's a foreign policy specialist. He's Assistant Secretary of State for European and Eurasian Affairs. His portfolio includes 50 countries.
He's moving on. More on that below.
He serves US imperial interests. They include international security, NATO, coordinating with EU nations and regional organizations, counterterrorism, and nonproliferation.
Hugo Chavez Frias, Rest in Power - Eres de los muertos que nunca mueren!
by Daniel Patrick Welch
What this man meant, and means, to the global south and to all those striving for a better path for humanity, can not be overstated. I am saddened almost beyond words. Part of me wants to just curl up and be sad. But I also feel that it is critical to find the words, and to keep circulating them, saying them over and over. Viva Comandante Chavez! Viva la revolucion! Viva el socialismo bolivriano!!
This is a scary and vulnerable moment for the people of Venezuela and anyone who would resist imperialist aggression. Reactionary forces led by the US have already tried to launch a coup against Chavez more than once, and there is little doubt they are trying something as we speak. They are salivating at the prospect of picking off one of the major symbols of resistance, and everyone who cares about pushing back against empire should be on high alert.
Whitewashing Israeli Murder by Torture
by Stephen Lendman
Torture is official Israeli policy. It's longstanding. Palestinian suffering explains best. Thousands every year are subjected to cruel and inhumane treatment. Their physical and emotional scars bear witness.
Eroding Free Expression in Israel
by Stephen Lendman
Israel targets anti-war dissent. Demonstrators are beaten and arrested. So are journalists and activists. Arabs are vulnerable. So are Jews.
Military solutions are prioritized. Opposition is called endangering national security. Saying so bears no relation to reality. Israel claims might justifies right. Police states operate that way.
Austerity When Stimulus Is Needed
by Stephen Lendman
On December 31, 1933, The New York Times published John Maynard Keynes "Open Letter" to Franklin Roosevelt.
On November 25, 2008, the
London Guardian republished an abridged text. It urged:
Hawkish Senators Want War on Iran
by Stephen Lendman
Permanent war is official US policy. Bipartisan complicity supports it. Doing so violates international, constitutional and US statute laws.
America is a lawless rogue state. It's been so for decades. It's by far the world's worst. It wages war on humanity. It does it at home and abroad.
Innocent victims are murdered in cold blood. It's official policy. So are other high crimes.
Media Scoundrels Pillory Chavez Before He's Buried
by Stephen Lendman
His passing made no difference. Media scoundrels don't quit. They spent 14 years vilifying him. They did it unfairly. They haven't stopped.
They're called scoundrels for good reason. They violate fundamental journalistic ethics. They lie for power. They turn truth on its head.
They substitute managed news misinformation. They support wealth, power, privilege and dominance. They're in bed with wrong over right.
They spurn rule of law principles and democratic values. They're well paid to do so. They betray readers and viewers. They do so unconscionably. They don't give a damn, and it shows.
How the Fed Could Fix the Economy—and Why It Hasn’t
by Ellen Brown
Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn’t been working. Why not? Because as practiced for the last two decades, QE does not actually increase the circulating money supply. It merely cleans up the toxic balance sheets of banks. A real “helicopter drop” that puts money into the pockets of consumers and businesses has not yet been tried. Why not? Another good question . . . .
When Ben Bernanke gave his famous helicopter money speech to the Japanese in 2002, he was not yet chairman of the Federal Reserve. He said then that the government could easily reverse a deflation, just by printing money and dropping it from helicopters. “The U.S. government has a technology, called a printing press (or, today, its electronic equivalent),” he said, “that allows it to produce as many U.S. dollars as it wishes at essentially no cost.” Later in the speech he discussed “a money-financed tax cut,” which he said was “essentially equivalent to Milton Friedman’s famous ‘helicopter drop’ of money.” Deflation could be cured, said Professor Friedman, simply by dropping money from helicopters.
Limbaugh’s New Racism
Joel S. Hirschhorn
For some years, several times a week while driving to go shopping and do errands, I have listened to Rush Limbaugh on the radio. Pretty much all the time I have become angered because every few sentences I realized that with his total sincerity and conviction he was stating absolutely incorrect things. Add to endless wrong information complete lapses in logic, causing me to be bewildered that Limbaugh has reached such success. My only explanation is that he appeals to a very large number of ignorant and unintelligent people who, like religious zealots, remain enraptured by his ultra-ring wing rhetoric. What a surprise therefore that recently Limbaugh has been speaking relentlessly about “information poor” Americans as his pseudo brilliant explanation of why President Obama has succeeded.
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