by Thomas Frank Easy Chair Harper's Magazine (May 2013) What, then, is the Washingtonian, this smug and satisfied man? Behold him as he ambles toward you on the sidewalks of Capitol Hill, phone clamped to his ear, talking loudly so that all might know his significance. Note well his blue suit, blue tie, the lapel … Continue reading Power Rangers
Or is it the System? by Russ Baker http://whowhatwhy.com (July 22 2013) The late, great scientist and author Carl Sagan once observed that One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the … Continue reading Is Snowden the Criminal?
The fate of the internet is The press has lost the plot over the Snowden revelations. The fact is that the net is finished as a global network and that US firms' cloud services cannot be trusted. by John Naughton The Observer (July 28 2013) Repeat after me: Edward Snowden is not the story. The … Continue reading Edward Snowden is not the story
Obama's Master Class in Economic Demagogy 101 by Michael Hudson CounterPunch (July 25 2013) Yesterday President Obama chose Knox College in Galesburg, Illinois (originally founded by anti-slavery activists in the 1830s) to float the economic program he has been working out with Wall Street investment bankers. His aim is to wrap this program in a … Continue reading An Exercise in Political Stealth
by Amitai EtzioniYale Journal (June 12 2013)Abstract: The Pentagon has concluded that the time has come to prepare for war with China, and in a manner well beyond crafting the sort of contingency plans that are expected for wide a range of possible confrontations. It is a momentous conclusion that will shape the United States' … Continue reading Who Authorized Preparations for War with China?
by Paul Craig Roberts Institute for Political Economy (July 24 2013) Quarterly Call For Donations This is your site. This site will continue as long as you support it: http://www.paulcraigroberts.org/pages/donate/ There is nothing on this site except information and explanations that the media does not provide. There is no political, social, economic, or ideological agenda … Continue reading The Two Faux Democracies Threaten Life On Earth
by John Michael Greer The Archdruid Report (July 24 2013) Druid perspectives on nature, culture, and the future of industrial society It was probably inevitable that my comment last week about the pseudoconservative crusade against Darwinian evolution in today's America would attract more attention, and generate more heat, than anything else in the post. Some … Continue reading The Quest for a Common Language
by Yves Smith Naked Capitalism (July 24 2013) Yves here. The post below from Paul Buchheit makes a persuasive layperson's case for a financial transactions tax. There is an equally sound case to be made from a financial markets viewpoint. The idea of a financial transactions tax started with James Tobin (they are often referred … Continue reading Why It’s Absurd that America Doesn’t Tax Wall Street’s Transactions
The Doldrums by Mike Whitney CounterPunch Weekend Edition (July 19 to 21 2013) Why was Adolph Hitler able to lift Germany out of the Great Depression, when policymakers in the US - particularly the Fed - have failed so miserably? Let's look at the facts: When Hitler came to power in 1933, the German economy … Continue reading Hitler versus Bernanke
by Ray Jason, The Sea Gypsy Philosopher Uncommon Essays from a Thoughtful Wanderer (July 06 2013) A fine sunset is beginning to pastel the sky. I am seated on Aventura's cabin top watching a great blue heron standing motionless in the twilight shadows, patiently awaiting its dinner. The melancholy is heavy on me tonight. These … Continue reading The Sea Gypsy Tribe