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 Types - Other Press
 "So much damage has been done" posted by P.M. Carpenter via reed, 2007-09-02 22:47:46
Compared to all the truly gargantuan troubles brought down on us by the Bush administration -- two incomprehensibly executed wars; a hopelessly broken military; fiscal policies that make the subprime industry look thoughtful; the utterly unaddressed baby-boomer boomerang; a string of constitutional and other crises -- this is a relatively minor story. Yet it lays bare, in microcosmic form, the Bushies' macrocosmic traits: favoritism, incompetence, bullying, buck-passing, malfeasance, negligence, blindness, stubbornness, recklessness, deceit, distortion, laissez-faire lassitude and free-market fundamentalism. In short, boneheaded madness. (full story)
social/political / international
  The Next Quagmire posted by Chris Hedges via rialator, 2007-09-02 22:18:34
The most effective diplomats, like the most effective intelligence officers and foreign correspondents, possess empathy. They have the intellectual, cultural and linguistic literacy to get inside the heads of those they must analyze or cover. They know the vast array of historical, religious, economic and cultural antecedents that go into making up decisions and reactions. And because of this—endowed with the ability to communicate and more able to find ways of resolving conflicts through diplomacy—they are less prone to blunders. (full story)
imperialism / international
Even I question the 'truth' about 9/11 posted by Robert Fisk via reed, 2007-08-26 22:06:39
Each time I lecture abroad on the Middle East, there is always someone in the audience – just one – whom I call the "raver". Apologies here to all the men and women who come to my talks with bright and pertinent questions – often quite humbling ones for me as a journalist – and which show that they understand the Middle East tragedy a lot better than the journalists who report it. But the "raver" is real. He has turned up in corporeal form in Stockholm and in Oxford, in Sao Paulo and in Yerevan, in Cairo, in Los Angeles and, in female form, in Barcelona. No matter the country, there will always be a "raver". (full story)
social/political / international
 Ten Reasons Why Russia Can’t Trust Uncle Sam posted by Robert Bridge via rialator, 2007-08-26 12:45:29
The West says that it is perplexed by Russia's "aggressive" behavior of late, and suggests that Moscow is desirous to regain its past superpower status, and even a little empire. But if cashing in on oil is imperialism, how do we explain the following U.S. moves: (full story)
social/political / international
More War on the Horizon posted by Paul Craig Roberts via rialator, 2007-08-25 13:22:21
No pullout from Iraq while I’m president, declares George W. Bush. On to Iran, declares Vice President Cheney! (full story)
peace/war / international
 East Timor Rioters Fight With Machetes, Challenging Government posted by Ed Johnson via reed, 2007-08-23 12:29:31
Aug. 24 (Bloomberg) -- Hundreds of people armed with machetes clashed in East Timor, destroying a market and burning down homes in rioting that poses a further challenge to the Southeast Asian nation's new government. (full story)
imperialism / international
 CLIMATE CHANGE: Deniers Jump on NASA Gaffe, While Greenland on Verge of Meltdown posted by Stephen Leahy via reed, 2007-08-16 23:31:14
TORONTO, Aug 16 (IPS) - Scientists warn that climate change tipping points are imminent, and will lead to potentially catastrophic events like a seven-metre sea level rise. Meanwhile, conservatives in the North American media are focusing on a NASA admission of a climate calculation error. (full story and 1 comments)
environment / international
Will there be a run on the banks? posted by Mike Whitney via rialator, 2007-08-12 23:51:40
On Friday, the Dow Jone’s clawed its way back from a 200 point deficit to a mere 31 point loss after the Federal Reserve injected $38 billion into the banking system. The Fed had already pumped $24 billion into the system a day earlier after the Dow plummeted 387 points. That brings the Fed’s total commitment to a whopping $62 billion. (full story and 1 comments)
social/political / international
 China’s 'Nuclear Option' is real posted by Paul Craig Roberts via rialator, 2007-08-10 13:53:15
Twenty-four hours after I reported China’s announcement that China, not the Federal Reserve, controls US interest rates by its decision to purchase, hold, or dump US Treasury bonds, the news of the announcement appeared in sanitized and unthreatening form in a few US news sources.
The Washington Post found an economics professor at the University of Wisconsin to provide reassurances that it was “not really a credible threat” that China would intervene in currency or bond markets in any way that could hurt the dollar’s value or raise US interest rates, because China would hurt its own pocketbook by such actions. (full story)
social/political / international
 Hicks Trial a Charade -- Oz Law Council posted by Stephen de Tarczynski via reed, 2007-08-08 10:03:26
MELBOURNE, Aug 8 (IPS) - The Law Council of Australia’s third and final report on the trial of former Guantanamo Bay detainee David Hicks slams the Australian Government’s acquiescence in the process and faults the overall trial. (full story)
injustice/law / international
Hacking Capitalism posted by Andy Greenberg via Kismo, 2007-08-06 22:28:04
LAS VEGAS -- Lost seconds mean lost dollars on Wall Street. But the race for faster transactions risks security disaster.
Employees of banks could shut down computers that make quick arbitrage trades across markets, using denial-of-service attacks to overwhelm servers and potentially cause millions in losses. Ultra-fast electronic trades may be especially vulnerable to sabotage. And the need for speed has made things worse -- with financial institutions avoiding software security features that might cause crucial millisecond delays. (full story)
social/political / international
Stock Market Meltdown posted by Mike Whitney via rialator, 2007-08-04 23:31:19
On Friday the Dow Jones took a 280 point nosedive on fears that that losses in the subprime market will spill over into the broader economy and cut into GDP. Ever since the two Bears Sterns hedge funds folded a couple weeks ago the stock market has been writhing like a drug-addict in a detox-cell. Yesterday’s sell-off added to last week’s plunge that wiped out $2.1 trillion in value from global equity markets. New York investment guru, Jim Rogers said that the real market is “one of the biggest bubbles we’ve ever had in credit” and that the subprime rout “has a long way to go.” (full story)
social/political / international
 Return of the Robber Barons posted by Paul Craig Roberts via rialator, 2007-08-02 11:41:27
Anyone who imagined that grubby little racist and U.S. lackey John (despicable coward) Howard, had an original thought in his head read the following article relating to the U.S. and remove all doubts regarding Howard's status as slave to Bush, importer of the unfair U.S. labour system, lackey to the Corporations, especially the criminal directors and CEOs. Read, learn and discover for yourself the American lackey that Howard really is. Never in Oz history has the nation witnessed a Prime Minister surrender the entire nation and culture to a foreign power – treason would not be too strong a word! (full story)
social/political / international
 A Blurry Line Between Propaganda and News posted by Khody Akhavi via rialator, 2007-07-28 11:23:09
WASHINGTON, Jul 27 (IPS) - A shocking thing happens midway through Norman Solomon's documentary film "War Made Easy".
While analysing the George W. Bush administration's lead-up to the Iraq invasion, Solomon plays a news clip of Eason Jordan, a CNN News chief executive who, in an interview with CNN, boasts of the network's cadre of professional "military experts". In fact, CNN's retired military generals turned war analysts were so good, Eason said, that they had all been vetted and approved by the U.S. government. (full story)
mass media / international
Rise of the "unwashed" Blogosphere posted by Joe Conason via reed, 2007-07-25 19:02:26
Not so long ago, the Republican right expected to dominate American politics for generations to come. Karl Rove, “boy genius” of the GOP, believed that his generation had achieved a partisan realignment that would overturn the progressive achievements of the past century. (full story)
mass media / international
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