Spring Equinox Visions

1. Hugo Chavez: After a Charismatic Leader, What?

Some extracts from a commentary by Immanuel Wallerstein, an American sociologist, historical social scientist, and world-systems analyst. For the entire essay see http://www.binghamton.edu/fbc/commentaries

Hugo Chavez was a charismatic leader.What is a charismatic leader? It is someone who has a very forceful personality, a relatively clear political vision, and capable of great energy and persistence in pursuing this vision…

The death of a charismatic leader always creates a void of uncertainty, in which his supporters try to ensure the continuance of his policies by institutionalizing them. Max Weber called this the “routinization of charisma.”

His achievements seem clear. He used the enormous oil wealth of Venezuela to improve significantly the living conditions of the poorest strata of Venezuela, expanding their access to health facilities and education, and thereby reducing the gap between rich and poor quite remarkably. In addition, he used the enormous oil wealth to subsidize oil exports to a large number of countries…

he contributed substantially to building autonomous Latin American institutions – not only ALBA (the alliance of Bolivarian countries) but UNASUR (the confederation of all states in South America), CELAC (all states in the Americas except the United States and Canada), and Mercosur (the confederal economic structure that included both Brazil and Argentina…

One should note in particular the positive appreciation of Chavez by the conservative president of neighboring Colombia. This was because of the important and very positive role Chavez had been playing as a mediator between the Colombian government and its long-time guerilla movement enemy, the FARC…

Has the regime been authoritarian? Certainly. This is what one gets with a charismatic leader. But again, as authoritarian leaders go, Chavez has been remarkably restrained. There have not been bloody purges or concentration camps. Instead, there have been elections, which most outside observers have considered as good as they come…

What will then happen to “21st-century socialism” – the vision that Chavez had of what needs to be pursued in Venezuela, in Latin America, and throughout the world? There are two words in this vision. One is “socialism.” Chavez sought to rescue this term from the opprobrium into which it had fallen because of the multiple failures both of real-existing Communism and post-Marxian social-democracy…

For me, this effort is part of the larger task we all face during this structural crisis of historical capitalism and the bifurcation of two possible resolutions of the chaos into which our world-system has fallen…

Earth on the edge of a cliff. Hang in there!

2. Is Victory at Hand for the Climate Movement?

Extracts from a commentary by Paul Gilding on The Post Carbon Institute’s website http://www.postcarbon.org/blog-post/1558152-victory-at-hand-for-the-climate

There are signs the climate movement could be on the verge of a remarkable and surprising victory.  It could usher in the fastest and most dramatic economic transformation in history. This would include the removal of the oil, coal and gas industries from the economy in just a few decades and their replacement with new industries

It is more accurately understood as an idea whose tentacles reach into every tier of government, the world’s largest companies and financial institutions, and throughout the academic and science communities.

Far from being at society’s margins it has the support, to various degrees, of virtually all governments, and many of the world’s most powerful political leaders, including the heads of state of the USA, China and other leading economies. It counts the CEO’s of many global companies and many of the world’s wealthiest people as active supporters – who between them direct hundreds of billions of dollars of capital every year towards practical climate action.

It is simply an incredibly big job to turn on its head the global economy’s underpinning energy system. And so it has taken a while. Considering how long other great social movements took to have an impact – such as equality for women or the end of slavery and civil rights movements – then what’s surprising is not that the climate movement hasn’t yet succeeded. What’s surprising is how far its come and how deeply it has become embedded in such a short time.

And now is the moment when it’s greatest success might be about to be realised – and just in time. We are at the most important moment in this movement’s history – in the midst of two simultaneous tipping points that create the opportunity, if we respond correctly, to win – eliminating net CO2 emissions from the economy and securing a stable climate, though still a changed one.

An avalanche of new knowledge and indicators made both tipping points clear. The first and perhaps the best understood is the rapid acceleration in climate impacts, reinforcing the view many hold that the scientific consensus on climate has badly underestimated the timing and scale of climate impacts. This Arctic melting is a symptom of accelerating system change.

…we are currently heading for a global temperature increase of 4°C or more, double the agreed target.

The IMF chief and former conservative French finance minister, Christine Lagarde, said that without strong action “future generations will be roasted, toasted, fried and grilled”. The World Bank was similarly blunt about the economic consequences of our current path: “there is also no certainty that adaptation to a 4°C world is possible.”

These and other reports laid out the evidence that the only option was transformational economic change because the alternative was simply unmanageable. Action was no longer a preferred outcome but an essential one. As the World Bank said “the projected 4°C warming simply must not be allowed to occur”.  Even the IEA, historically a kind of advocate in chief for the fossil fuel industry, came on board, pointing out that a stable climate and economy requires the majority of the global reserves of fossil fuels to never be burnt.

It is an extraordinary turn around when key mainstream economic institutions lay out the case for dismantling what is arguably the world’s most powerful business sector.

What was predominantly an ecological question is now primarily an economic one. This is a profoundly important shift, as economic risk is something society’s elites take very seriously.

The second tipping point in 2012 was the clear evidence that a disruptive economic shift is already underway in the global energy market. There are two indicators of this, with the first being the much noted acceleration in the size of the renewable energy market with dramatic price reductions and the arrival of cost competitive solar and wind.

Of equal importance, and partly triggered by these market shifts, is the awakening of the sleeping giant of carbon risk, with open discussion in mainstream financial circles of the increasing dangers in financial exposure to fossil fuels…The contradiction between what the science says is essential and the growth assumptions made by the fossil fuel industry is so large it represents a systemic global financial risk. This has been well articulated and more deeply explored by groups like Carbon Tracker who have been taking the argument to the mainstream finance sector.

Combined, these two tipping points present the opportunity for the broad climate movement to achieve success, if they are understood and responded to appropriately by the activist, policy and business communities. But first they must be seen for what they are  – indications we are poised on the edge of a truly historic economic transformation – the end of fossil fuels and the building of a huge new industry sector.

…Austrian economist Joseph Schumpeter coined the phrase “creative destruction” to describe this process and to explain why it’s the underpinning strength of capitalism, calling it:  ”A process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.”

…The science is clear, the technology is ready, significant sections of the elite are on side and the financial momentum is with us.

And this time, the economics is playing on the same side as the environment. Just in time.

3. Brazil and the Global Battle to Eliminate Extreme Poverty

Extracted from an article by By Rogerio Studart published by The Globalist, an online magazine

Brazil’s current and former leaders have committed to ending extreme poverty in the country within a generation, if not sooner. So far, argues Rogerio Studart, executive director of the World Bank, the results are promising. In fact, Brazil’s policies provide a model for how governments can alleviate poverty in this era of lean budgets.

Brazil is an unlikely success story in that regard. My home country has long been known for having one of the most unequal levels of income distribution on the planet.

This changed when President Lula da Silva was elected in 2002. He ran on a platform not only to boost social and economic inclusion and to fight poverty and inequality — but also to achieve that goal within a single generation.

Instead, Lula — a man who had experienced long bouts of poverty firsthand — made the fight against poverty and inequality the central organizing principle for his entire presidency.

By the end of Lula’s two-term mandate, the results were already impressive. Income inequality, measured by the Gini coefficient, had declined sharply — from 0.553 in 2002 to 0.500 in 2011. Household per capita income had increased by 27% — from 2003 to 2011. Unemployment rates fell from 9.1% in 2002 to 6.8% in 2011, a record low.

When President Dilma Rousseff, President Lula’s former chief of staff, was elected as his successor, she upped the ante, running on a platform to eliminate extreme poverty not in a generation, but in just five years.

And yet, in Brazil’s case, the target of eliminating extreme poverty is surprisingly close to being achieved. The reform agenda’s cornerstone was a determined expansion of the social protection programs by making sure that all poor households in the country would be reached.

The two key programs are, first, the Bolsa Familia (a conditional cash transfer program that increases the incomes of the poorest families while promoting health and education) and, second, the Brasil sem Miséria (an extension of Bolsa Familia aimed at people living in extreme poverty, with elements for inclusion in the productive sector and access to public services). The per capita transfer is currently 70 reais (or $35) a month.

The two programs now reach 100% of all Brazilians that are listed in the national database used to manage and monitor the social programs of the country. At this moment, there still are 700,000 people that live under the poverty line who do not yet receive payments from either of the support programs because they have not been included in the registry.

Most people, when they look at the challenges of economic development, believe that poverty alleviation is a moral obligation — but that it is also expensive and, even if started successfully, may not be sustainable financially. Brazil’s case shows that this does not need to be so.

The cost of Bolsa Familia has been extremely low. In 2012, the program cost the Brazilian government less than 1% of its budget.

On the social front, the results are solid. While much more needs to be done, Brazil has seen a marked decline in violence and an increase in political activism and cultural movements. In many of the urban areas, ambitious programs were launched to “pacify” areas previously associated with drug trafficking and violence.

A key part of the improved urban environment is that the urban poor now have a sense of destiny and direction. They welcome the government’s focus on investment in families’ futures and especially the smart focus on the young and their education.

There is a quiet confidence in the eyes of young children living in the favelas that has never been there before. Without knowing it, they can sense that their government is giving them a true head start…

4. The wider implications of the Cyprus financial collapse

Ellen Brown in her Web of Debt blog says:

It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland; and that the result will be to deliver clear title to the banks of depositor funds.  Read more

Written by Ambrose Evans-Pritchard
 published on The Telegraph and GATA

Cyprus has killed the myth that EMU is benign

The punishment regime imposed on Cyprus is a trick against everybody involved in this squalid saga, against the Cypriot people and the German people, against savers and creditors. All are being deceived.

It is not a bailout. There is no debt relief for the state of Cyprus. The diktat will push the island’s debt ratio to 120 percent in short order, with a high risk of an economic death spiral, a la Grecque.

Capital controls have shattered the monetary unity of European Monetary Union.

The curbs are draconian. There will be a forced rollover of debt. Cheques may not be cashed. Basic cross-border trade is severely curtailed. Credit card use abroad will be limited to E5,000 (L4,200) a month. “We wonder how such capital controls could eventually be lifted with no obvious cure of the underlying problem,” said Credit Suisse.

“I wouldn’t be surprised to see a 20 percent fall in real GDP,” said Nobel economist Paul Krugman. “Cyprus should leave the euro. Staying in means an incredibly severe depression.”

What saved Iceland from mass unemployment after its banks blew up — or saved Sweden and Finland in the early 1990s — was a currency devaluation that brought industries back from the dead. Iceland’s krona has fallen low enough to make it worthwhile growing tomatoes for sale in greenhouses near the Arctic Circle.

The Cyprus debacle has taught us yet again that EMU has gone off the rails, is a danger to stability, and should be dismantled before it destroys Europe’s post-war order. Read more…

5. Is one of the US President’s bodyguards an alien?

The Exopolitics news service has published a video recording from President Obama’s address at the 2012 AIPAC conference at the Washington Convention Center shows a mysterious looking figure among the Secret Service agents protecting him. From one camera angle, the figure looks uncannily like a tall Gray alien; with no noticeable ear, mouth or facial hair. From most other camera angles, the figure appears as a bald Secret Service agent who looks human enough. Not so according to a popular Youtube video that has over 330,000 hits since its March 13, 2013 release. The bald Secret Service agent is a shape shifting humanoid alien, and the video provides detailed analysis supporting its remarkable claim. So was it all just a trick a light, or did the camera capture something we weren’t supposed to see?

Is it possible that the Secret Service employs aliens to protect President Obama, and uses some kind of advanced technology to hide them from the public eye? Read more…

Jan 2013: New Year’s Visions

Updates from the front lines of the Drug War insanity.

The number of people in prison in America declined last year for the second year in a row, according to a  new report from the Bureau of Justice Statistics. The number of prisoners at the end of 2011 dropped to just under 1.6 million, a 0.9% decrease over the previous year. Of those 1.6 million prisoners, some 330,000 were doing time for drug offenses, including nearly 95,000 doing federal time. Drug offenders constitute 48% of all federal inmates, or some 94,600 inmates. There were 15,023 fewer inmates at the end of 2011 than a year earlier, but that number is more than accounted for by a single state, California, which reported a decline of 15,493 prisoners due primarily to an incarceration realignment program that has sent what would have been state prisoners to county jails instead. Counting just state prison populations, 2011 saw a decline of 21,164 prisoners, or 1.5%, again with California accounting for 72% of the decrease. (Source: Alternet, December 26, 2012)

From the Department of Inspiration – economic survival

On a trash dump in Paraguay, where a musical instrument costs more than a house, youngsters have made violins, cellos, flutes and other instruments from landfill cast-offs and are playing heavenly music. http://vimeo.com/52711779

Bolivian President Evo Morales on the meaning of the 2012 solstice

In a speech at the time of the Winter Solstice, Bolivian president Evo Morales said December 21 marks ‘end of an anthropocentric life and the beginning of a bio-centric life. It is the end of hatred and the beginning of love, the end of lies and beginning of truth’. In an open invitation to celebrate the day, Morales explained that “the Mayan calendar’s  21 of December is the end of the non-time and the beginning of time. It is the end of the Macha and the beginning of the Pacha, the end of selfishness and the beginning of brotherhood, it is the end of individualism and the beginning of collectivism.”

The Bolivian government has hailed the solstice as the start of an age in which community and collectivity will prevail over capitalism and individuality. Those themes have long been present in Morales’s discourse, especially in the idea of vivir bien, or living well. He has stressed the importance of a harmonious balance between human life and the planet, though some people question its application in Bolivia, where the economy depends heavily on mining, oil and gas industries. Source:  Friday, December 21, 2012 by Common Dreams

2012: Year of Indigenous Resistance in Mexico
In a almost step-by-step replay of their New Years’ Day 1994 uprising, tens of thousands of masked and uniformed members of the Zapatista National Liberation Army (EZLN) marched in military formation into five Chiapas towns. A big difference between this year’s action and the one nearly 19 years ago is that the Mayan Zapatistas of 2012 did not carry guns or utter words. And according to Proceso magazine, their numbers this year- estimated between 30,000 and 50,000 people- were many-fold greater than the several thousand fighters who launched the 1994 revolt on the day that the North American Free Trade Agreement (NAFTA) went into effect.The emblematic Zapatista spokesperson Subcomandante Marcos, who mysteriously vanished from the public limelight during the past four years, delivered a brief but ironic message issued by the EZLN’s Clandestine Revolutionary Indigenous Committee-General Command that declared in part, “Did your hear? This is the sound of your world being torn down, and of ours resurging…” Source: http://www.cipamericas.org/archives/8769. Posted on: 27/12/2012 by Kent Paterson And: http://www.cipamericas.org/archives/8775 Posted on: 30/12/2012 by Gloria Muñoz Ramírez

From the Department of Inspiration – political

An Israeli activist produced a 2-minute video on the Internet,  in which he speaks directly, heart-to-heart, to the Iranian people offering peace, love and understanding. Within days, the video peace offering produced thousands of responses with pictures, from Iranians in all walks of life, as well as citizens from other countries.

Lincoln and Django Unchained – a comparative review.

Two movies hit the big screens this year dealing with the history of slavery in the USA.  Lincoln, made by Steven Stielberg,  is focused on the battle Abraham Lincoln waged in Congress to pass the thirteenth Amendment to the Constitution, outlawing slavery for ever. Django Unchained, made by Quentin Tarantino, situated in time two years before the start of the Civil war on a Southern Plantation, paints a vivid picture of the violence and human degradation endemic to the institution of slavery, through the eyes of an amoral bounty-hunter and a freed slave bent on revenge.  Both movies could be said to be “anti-slavery,” and thus pass the basic ethics test in film criticism.  Viewers and reviewers can then freely appreciate the dramatic flair,  cinematic  story-telling skill and acting, without any deeper reflection on what is being shown and what it means for our  common humanity.

There is a world of difference however between the two films in how they present the ethical and human implications of the history of slavery in the US.  Spielberg’s film is framed, at the beginning and the end, by two scenes of masses of dead soldiers in the Civil War. It is as much an anti-war movie as an anti-slavery movie. The rest of the film plays indoors, focusing on the political struggle Lincoln and his allies waged in Congress to pass the 13th Amendment to the Constitution.

Tarantino’s film is filled from beginning to end with relentless, dramatic violence – slavers against slaves, liberators against slave owners. Fountains of blood gush spectacularly, in vivid red color, as our pair of amoral heroes go from one deadly encounter with repulsive bigots to another.  The two liberating heroes seem to never get hit themselves, though they regularly and casually shoot dozens of armed men. There is obvious exhilaration in the characters (and in the audience of the film) as really bad evil guys get their just deserts – and the liberated slave hero rides off into the sunset with the liberated female slave that he loves.  To my mind, Tarantino’s film is a prime example of what has been called the “pornography of violence. ” Under the guise of deploring violent abuse and killing of others,  it dramatizes and glorifies it, leaving viewers with a clear conscience to imagine how they too might have found satisfaction killing really bad, evil guys.

Patriotism as the propaganda mask for militaristic capitalism

In an article published January 3, 2013 by Common Dreams  Michael Moore scathingly skewers the hypocrisy involved in offical claims and calls to support our troops. Moore points to the ways our government utterly fails the young men and women it solicits to join the military – issues that are finally hitting the news with increasing urgency:

One – the staggering suicide rate among vets  – an estimated eighteen veterans kill themselves each day.  This figure is likely an underestimate, because the VA doesn’t keep records on those who have been discharged and choose not seek contact.

Two – there are more soldiers killing themselves than soldiers being killed in combat.  Military suicides jumped 50 percent between 2001 and 2008 and reached new highs this year (2012): The 26 suicides in July more than doubled the Army’s total from the previous month.  Fortunately, these numbers have led to alarming reports from Department of Defense and in Congress, and new funding allocated to the VA for suicide prevention and mental health and services.

Three – A staggering number of females in the military are raped by fellow soldiers: 19,000 (mostly) female troops are raped or sexually assaulted every year , and the rapes often officially ignored and unreported.  These figures too have recently become front-page news, and the services have taken some steps to ameliorate  the situation.

Four –  The Huffington Post reports http://www.huffingtonpost.com/2011/11/29/bank-of-america-illegal-foreclosures_n_1118471.html, that banks may have illegally foreclosed on nearly 5,000. This surely qualifies as a most devastating and callous blow to the soldiers and their families: go fight for your country, get killed or wounded, receive inadequate treatment, and while you’re over there, you and your family may lose their home to a bank.

Five –  A staggering number of veterans are homeless: on any given night, at least 60,000 veterans are sleeping on the streets.

The lessons from this situation are clear: One, for those young men and women who are considering joining up – think again, get informed, consult with Veterans for Peace and other groups, to find out what the wars are really like (refer to link on website). Two, as the hippies already said in the 1960s: Support the troops – bring them home! and let’s take care of the wounded and traumatized and help them re-integrate into their communities.

From the Department of Inspiration – cosmic/historical

Click on this link and you will see an amazing 2-minute video portraying, purely in images, the history of the cosmos, evolution and humanity. It was made by a pair of French videographers and is truly awesome. http://marcbrecy.perso.neuf.fr/history.html

The only film I can compare it to is Brian Swimme’s film Journey of the Universe – Epic Story of Cosmic, Earth and Human Transformation  which takes 55 minutes to tell the same story, with commentary of course. ( See review at GreenEarthFound.org)

The American Imperial Project – Who Benefits and Who Pays?

An article by Paul Craig Roberts published on the Global Research website (www.globalresearch.ca/index.php?context=va&aid=29988) makes some insightful comments about the American empire in comparison with empires of the past.

Great empires, such as the Roman and British, were extractive. The empires succeeded, because the value of the resources and wealth extracted from conquered lands exceeded the value of conquest and governance…The Roman empire failed, because Romans exhausted manpower and resources in civil wars fighting amongst themselves for power. The British empire failed, because the British exhausted themselves fighting Germany in two world wars.

The ruling elites in empires past and present invent a myth justifying (to themselves and their own citizens) their imperial domination project in terms of the alleged civilizing benefits they bring to conquered and subservient peoples. Roberts quotes a book by historian Timothy H. Parsons – The Rule of Empires (2010), which replaces the myth of the civilizing empire with the truth of the extractive empire. He describes the successes of the Romans, the Umayyad Caliphate, the Spanish in Peru, Napoleon in Italy, and the British in India and Kenya in extracting resources. In my book Green Psychology (1999) I wrote about the self-justifying stories told by invaders and dominators, going back to the Indo-European pastoralist tribes that invaded settled farming communities in Old Europe during the Neolithic.

In his blog, Roberts cites the historian Parsons as wondering

whether America’s empire is really an empire as the Americans don’t seem to get any extractive benefits from it. After eight years of war and attempted occupation of Iraq, all Washington has for its efforts is several trillion dollars of additional debt and no Iraqi oil. After ten years of trillion dollar struggle against the Taliban in Afghanistan, Washington has nothing to show for it except possibly some part of the drug trade that can be used to fund covert CIA operations. America’s wars are very expensive. Bush and Obama have doubled the national debt, and the American people have no benefits from it. No riches, no bread and circuses flow to Americans from Washington’s wars.

So what is it all about? Cui bono – who benefits -  is the question any criminal investigators seeks to answer. The answer to this question that Roberts, Parsons and others, including Noam Chomsky, Michael Parenti, Howard Zinn provide is obvious once clearly stated. Paul Craig Roberts continues -

The answer is that Washington’s empire extracts resources from the American people for the benefit of the few powerful interest groups that rule America. The military-security complex, Wall Street, agri-business and the Israel Lobby use the government to extract resources from Americans to serve their profits and power. The US Constitution has been extracted in the interests of the Security State, and Americans’ incomes have been redirected to the pockets of the 1 percent. That is how the American Empire functions.
The New Empire is different. It happens without achieving conquest. The American military did not conquer Iraq and has been forced out politically by the puppet government that Washington established. There is no victory in Afghanistan, and after a decade the American military does not control the country.
In the New Empire success at war no longer matters. The extraction takes place by being at war. Huge sums of American taxpayers’ money have flowed into the American armaments industries and huge amounts of power into Homeland Security. The American empire works by stripping Americans of wealth and liberty (my italics – RM).
This is why the wars cannot end, or if one does end, another starts. Remember when Obama came into office and was asked what the US mission was in Afghanistan? He replied that he did not know what the mission was and that the mission needed to be defined. Obama never defined the mission. He renewed the Afghan war without telling us its purpose. Obama cannot tell Americans that the purpose of the war is to build the power and profit of the military/security complex at the expense of American citizens (my italics – RM).

Here is the reason why the “bloated budgets” and “obscene profits” of the military-industrial-security complex, while the government expenditures on health, education, social welfare, environmental preservation keep being “slashed” in the name of some fictitious theory “balancing” theory.

Roberts concludes his comments by saying -

It is ironic that under the New Empire the citizens of the empire are extracted of their wealth and liberty in order to extract lives from the targeted foreign populations. Just like the bombed and murdered Muslims, the American people are also the victims of the American empire.

An end to GM crop development for Europe


Awareness of and resistance to food from genetically modified organisms is much greater in Europe than the US. The battles between the industrial food and chemistry corporations on the one hand and public health experts, food nutritionists and small-scale organic farmers on the other hand, have been raging for years in Europe, yet have barely begun to emerge into US public media awareness. The news reported below, from the Financial Times, reports a watershed development.

BASF, the German chemical giant, is to pull out of genetically modified [GM] plant development in Europe and relocate it to the US, where political and consumer resistance to GM crops is not so entrenched. The headquarters of BASF Plant Science will move from south-west Germany to Raleigh, North Carolina, and two smaller sites in Germany and Sweden will close. The company will transfer some GM crop development to the US but stop work on crops targeted at the European market – four varieties of potato and one of wheat. The decision … signals the end of GM crop development for European farmers. Bayer, BASF’s German competitor, is working on GM cotton and rice in Ghent, Belgium – but not for European markets. “This is another nail in the coffin for genetically modified foods in Europe,” said Adrian Bebb of Friends of the Earth. BASF battled for some 13 years before the European Union approved in 2010 cultivation of its Amflora potato, which was intended to provide high-quality starch for industrial customers. However, German test sites had to be put under constant guard and activists still succeeded in destroying potato fields.

From an article in Financial Times
, Jan 16, 2012.

http://www.ft.com/cms/s/2/6e074ee4-403e-11e1-82f6-00144feab49a.html#axzz1jkDcQbe9

The European public is well aware of the serious threats of GM food, yet the U.S. public, Seeds of Deception is a book by Jeffrey M. Smith, which exposes industry and government deception about the safety of genetically engineered foods. John Robbins, author of Diet for a New America, says of this book “clear, profound and unerringly accurate, .. tells you what you need to know about genetically engineered food – and what Monsanto won’t tell you.” For a ten-page summary click here.

For key articles from major media sources on the risks of genetically modified foods, click here.  This and the other two sources listed here come from the excellent wanttoknow.info series of websites.

This excellent website has a 12-page list and description of seasoned and respected journalists who have exposed mass media cover-ups on a variety of topics. The general public generally knows very little about this. For details on the work of these courageous and independent-minded journalists, click on this link controlled media. Here are excerpts from the revealing accounts of 20 award-winning journalists in the highly acclaimed book Into the Buzzsaw. These courageous writers were prevented by corporate media ownership from reporting major news stories. Some were even fired or laid off. They have won numerous awards, including several Emmys and a Pulitzer. A partial list of the journalists whose work was censored by the major media is Jane Akre, Dan Rather, Monika Jensen-Stevenson, Kristian Borjesson, Greg Palast, Michael Levine, Gary Webb, Joh Kelly, Robert McChesney.

Class War and Inequality in America – Some Startling Facts and Perspectives

A dominant theme in the Occupy movement that is roiling urban centers in the US is the extreme wealth inequality, expressed in the slogan of the 1% vs the 99%. Those who have lost their jobs or their homes or both are well aware of the extent of poverty in their community, but the wealthy class and the media they own do not dwell on the uncomfortable statistics demonstrating this inequality. That may be changing. A PBS Newshour special (Aug 16, 2011), entitled Land of the Free, Home of the Poor, took on this project.

http://www.pbs.org/newshour/bb/business/july-dec11/makingsense_08-16.html

Here are some extracts from it, with statements by several different commentators:

Inequality in America. It’s a subject that’s getting more attention in light of the weak economy and the ongoing debate around budget cuts and raising revenues… People don’t understand how much wealth the top 20 percent have. They actually have 84 percent of the wealth. And more disturbingly, people don’t understand how little wealth the bottom of the distribution have. The bottom 40 percent of the U.S. have about 0.3 percent of the wealth, basically zero. … In the last 30 years or so, the share of national income that has gone to the upper 0.1 percent rose by 10 percentage points. That is one of the most astounding patterns I have ever seen in data. People sometimes say, oh, the rich, it’s the upper 10 percent, it’s the upper 5 percent. No, no, this is the 0.1 percent.

The program featured an interview with one of the wealthiest men in the world billionaire businessman Warren Buffett, who has argued in favor of higher taxes on the wealthiest. He said:

It should be a land of opportunity. But the market system has led to extremes. Everybody in this country owes their good fortune in some way to the rest of the country.

A wonderful statement and valuable reminder.

Buffett says: Yes, there’s been a class war in the United States. And my class, namely the super rich people, have won.

Noam Chomsky on the American Policy of World Militarization

In an interview with The Afghan Youth Peace Volunteers, published Dec 16, 2011 in the online journal Waging Nonviolence and republished in  TRUTHOUT.ORG, Noam Chomsky returns to his familiar, valid and essential critique of the long-standing U.S. agenda of world imperial domination.

There is very little doubt that the U.S. government intends to maintain effective military control over Afghanistan by one means or another, either through a client state with military bases, and support for what they’ll call Afghan troops. That’s the pattern elsewhere as well. So, for example, after bombing Serbia in 1999, the United States maintains a huge military base in Kosovo, which was the goal of the bombing. In Iraq, they’re still building military bases even though there is rhetoric about leaving the country. And I presume they will do the same in Afghanistan too, which is regarded by the U.S. as of strategic significance in the long term, within the plans of maintaining control of essentially the energy resources and other resources of the region, including western and Central Asia. So this is a piece of ongoing plans which in fact go back to the Second World War.

Right now, the United States is militarily engaged in one form or another in almost a hundred countries, including bases, special forces operations, support for domestic military and security forces. This is a global program of world militarization, essentially tracing back to headquarters in Washington, and Afghanistan is a part of it. It will be up to Afghans to see if, first of all, if they want this; secondly, if they can act in ways which will exclude it. That’s pretty much what’s happening in Iraq. As late as early 2008, the United States was officially insisting that it maintain military bases and be able to carry out combat operations in Iraq, and that the Iraqi government must privilege U.S. investors for the oil and energy system. Well, Iraqi resistance has compelled the United States to withdraw somewhat from that, substantially, in fact. But the efforts will still continue. These are ongoing conflicts based on long standing principles.

We need a jobs policy to get us out of the depression

In an article published in Vanity Fair (Dec 21, 2011), Joseph Stiglitz, professor of economics at Columbia University, recipient of the Nobel Memorial Prize in Economics, former Chief Economist of the World Bank and author of Globalization and its Discontents (2003) takes a different tack, arguing that monetary policy changes are not as important as a vigorous jobs policy.

It has now been almost five years since the bursting of the housing bubble, and four years since the onset of the recession. There are 6.6 million fewer jobs in the United States than there were four years ago. Some 23 million Americans who would like to work full-time cannot get a job. Almost half of those who are unemployed have been unemployed long-term. Wages are falling—the real income of a typical American household is now below the level it was in 1997. …

Many, especially in the financial sector, argued that strong, resolute, and generous action to save not just the banks but the bankers, their shareholders, and their creditors would return the economy to where it had been before the crisis. In the meantime, a short-term stimulus, moderate in size, would suffice to tide the economy over until the banks could be restored to health. The banks got their bailout. Some of the money went to bonuses. Little of it went to lending. And the economy didn’t really recover—output is barely greater than it was before the crisis, and the job situation is bleak. …

But incomes for most working Americans still hadn’t returned to their levels prior to the previous recession. The American standard of living was sustained only by rising debt—debt so large that the U.S. savings rate had dropped to near zero. And “zero” doesn’t really tell the story. Because the rich have always been able to save a significant percentage of their income, putting them in the positive column, an average rate of close to zero means that everyone else must be in negative numbers. (Here’s the reality: in the years leading up to the recession, according to research done by my Columbia University colleague Bruce Greenwald, the bottom 80 percent of the American population had been spending around 110 percent of its income.) What made this level of indebtedness possible was the housing bubble, which Alan Greenspan and then Ben Bernanke, chairmen of the Federal Reserve Board, helped to engineer through low interest rates and nonregulation.

The fact is the economy in the years before the current crisis was fundamentally weak, with the bubble, and the unsustainable consumption to which it gave rise, acting as life support. Without these, unemployment would have been high. …

Until now, the Depression was the last time in American history that unemployment exceeded 8 percent four years after the onset of recession. And never in the last 60 years has economic output been barely greater, four years after a recession, than it was before the recession started. The percentage of the civilian population at work has fallen by twice as much as in any post-World War II downturn. Not surprisingly, economists have begun to reflect on the similarities and differences between our Long Slump and the Great Depression. Extracting the right lessons is not easy.

Many have argued that the Depression was caused primarily by excessive tightening of the money supply on the part of the Federal Reserve Board. Ben Bernanke, a scholar of the Depression, has stated publicly that this was the lesson he took away, and the reason he opened the monetary spigots. He opened them very wide. Beginning in 2008, the balance sheet of the Fed doubled and then rose to three times its earlier level. Today it is $2.8 trillion. While the Fed, by doing this, may have succeeded in saving the banks, it didn’t succeed in saving the economy.

Monetarists call for return to the gold standard to stabilize world currencies

As the world’s, especially the West’s, economies careen wildly between inflationary and deflationary trends, conservative hard-money proponents are predicting or announcing the demise of the dollar as the de facto reserve currency and pushing for the return of some kind of modified gold standard, or gold-silver standard, to stabilize economic fluctuations. In a column for Forbes magazine,

Ralph Benko writes

The world dollar standard’s death certificate arrives in the mail this week. The Bank of England— one of the most staid, cautious, and dignified entities in the world of monetary policy — signals that the fiduciary currency standard ushered in on August 15, 1971 is, empirically measured, far inferior to the (dilute form of the) gold standard erected at Bretton Woods.

The Bank of England’s Financial Stability Paper No. 13, Reform of the International Monetary and Financial System, reported at Bloomberg BusinessWeek and reviewed here, is being seen by many monetary policy observers around the world as the “coroner’s report” on the death of the world dollar standard.

In the second half of 2011 monetary policy scholars, policy virtuosi, financiers and activists have issued over half a dozen books and important monographs on the very subject heralded by Forbes whose call was seconded by Heritage’s president, Dr. Ed Feulner in an influential Washington Times op-ed:

That’s why we should welcome a debate about the role of the Fed and what our monetary policy should be. But we have to ask the right questions. … Should we fix the dollar price of gold? … ‘If the defect is inflation and an unstable dollar,’ asks Lewis Lehrman of the Lehrman Institute, ‘what is the remedy?’ We can’t answer that without a robust and full discussion. Let’s hope the hard questions being asked now about the Fed touch off a much-needed debate.

Earlier this autumn, Lewis E. Lehrman published the fruit of 40 years of study and thought, study that began with his tutelage by French monetary statesman Jacques Rueff, of The True Gold Standard — A Monetary Reform Plan Without Official Reserve Currencies. Other noteworthy works on how to restore the gold standard promptly followed.  Financial analyst James Rickards’ Currency Wars: The Making of the Next Global Crisis is receiving significant popular attention and bestseller status, Detlev Schlichter’s Paper Money Collapse, and we see the publication of Paul Nathan’s The New Gold Standard, a new edition of prominent libertarian Dave Redick’s Monetary Revolution USA and, now, the keenly anticipated Fixing the Dollar Now: Why US Money Lost Its Integrity and How We Can Restore It by Judy Shelton.

The world dollar system has been pronounced, now almost officially, a failure. The main surprise is that the pronouncement took so long.

Noam Chomsky on the American Policy of World Militarization

In an interview with The Afghan Youth Peace Volunteers, published Dec 16, 2011 in the online journal Waging Nonviolence and republished in  TRUTHOUT.ORG, Noam Chomsky returns to his familiar though no less valid critique of the long-standing U.S.  agenda of world imperial domination.

There is very little doubt that the U.S. government intends to maintain effective military control over Afghanistan by one means or another, either through a client state with military bases, and support for what they’ll call Afghan troops. That’s the pattern elsewhere as well. So, for example, after bombing Serbia in 1999, the United States maintains a huge military base in Kosovo, which was the goal of the bombing. In Iraq, they’re still building military bases even though there is rhetoric about leaving the country. And I presume they will do the same in Afghanistan too, which is regarded by the U.S. as of strategic significance in the long term, within the plans of maintaining control of essentially the energy resources and other resources of the region, including western and Central Asia. So this is a piece of ongoing plans which in fact go back to the Second World War.

Right now, the United States is militarily engaged in one form or another in almost a hundred countries, including bases, special forces operations, support for domestic military and security forces. This is a global program of world militarization, essentially tracing back to headquarters in Washington, and Afghanistan is a part of it. It will be up to Afghans to see if, first of all, if they want this; secondly, if they can act in ways which will exclude it. That’s pretty much what’s happening in Iraq. As late as early 2008, the United States was officially insisting that it maintain military bases and be able to carry out combat operations in Iraq, and that the Iraqi government must privilege U.S. investors for the oil and energy system. Well, Iraqi resistance has compelled the United States to withdraw somewhat from that, substantially, in fact. But the efforts will still continue. These are ongoing conflicts based on long standing principles.

Seven ways to rein in the Wall Street Plutocracy

In an article published on Alternet (Jan 4, 2012) Les Leopold wrote about the steps we (the people, the regulators, Congress) could and should take to get control of finance system back from the financial speculators and the predatory investment banks that support them. “These banks and those who run them are living off the rest of us and have no intention, ever, of suffering through the ups and downs of capitalist rewards and losses. When you run the casino, it’s always payday for the house.”

How to Really Overhaul Wall Street

I put this question to Marshall Auerback, global portfolio strategist for Madison Street Partners, a Denver-based fund management group, and a fellow for the Economists for Peace and Security. Here’s his brilliant wish list:

1. Banks should only be allowed to lend directly to borrowers and then service and keep those loans on their own balance sheets.

2. Banks should not be allowed to have subsidiaries of any kind.

3. Banks should not be allowed to accept financial assets as collateral for loans.

4. Banks should not be allowed to lend off shore.

5. Banks should not be allowed to buy (or sell) credit default insurance.

6. Banks should not be allowed to engage in proprietary trading or any profit-making ventures beyond basic lending.

 7. Abandon “too-big-to-fail” and “systemically important” doctrine in favor of a “too-big-to-save” and “systemically dangerous” approach. They should be broken up, so that they are not “too big to fail.” Guarantee the deposits and punish the shareholders.

Break the power of finance once and for all. Amen! 

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