''From Euro-Land came another suggestion, that the powers convene a New Bretton Woods. A spat broke out between Paris and London, as Sarkozy and Brown debated who had first called for such a conference.''
Vijay Prashad writes in Counterpunch on the call by apostles of wealth today for a New Bretton-Woods Conference.
''Contrary to the accepted "wisdom" of the electoral experts, Americans are not so divided as we might seem. More than 80 percent of us oppose the war in Iraq, with the majority wanting immediate withdrawal (not "redeployment"). Larger majorities want an end to government wiretapping (and vociferously opposed the wiretapping immunity bill), a scaled-back military budget, and universal health care that excludes the insurance industry. Further, almost no one outside the beltway or the NY financial district bought into the "crisis" that mandated a $850 billion bailout for Wall Street.''
P Jerome writes on AmericanFreePress.net
Media Accountability Day, October 1, is the annual release of the news stories that were not covered by the corporate-mainstream media in the US. The list, just announced by Project Censored at Sonoma State University in California, includes the twenty-five most
important uncovered news stories of the year selected by over 200 academics.
The developed capitalist system, epitomized by the country privileged by nature to which European whites brought their ideas, dreams and ambitions, is today in crisis. But, it is not the usual crisis that happens once every certain number of years, or even the traumatic crisis of the 1930s; rather, the worst of all since the world started to pursue this model of growth and development.
With the global economy in tatters, the U.S. president, who was placed in that office in such an irregular and irresponsible way, has created a real predicament for all of the NATO allies and Japan, the most developed and wealthiest military, economic and technological partner of the United States in the Pacific.
The candidates of the two main parties who will decide these elections are trying to persuade the bewildered voters — many of whom have never bothered to cast a vote — that as presidential candidates, they can guarantee the well-being and consumerism of what they describe as a middle-class people, without the least intention of making real changes to what they consider to be the most perfect economic system that the world has ever known. It is the same world, of course, in the minds of each and every one of them, which is less important than the happiness of some 300 million people who account for less than five percent of the world population. The fate of the remaining 95% of humanity, war and peace, air that may be the fit to breathe or not, will depend to a great extent on the decisions of the empire’s institutional leader, whether or not that constitutional office has any real power in a period of nuclear weapons and computer-controlled space shields, in circumstances where every second counts and ethical principles are increasingly less important. Still, the more or less disastrous role played by presidents of that country cannot be overlooked.
Two reflections by Fidel Castro on the US elections and the G-7 finance ministers' meeting amidst crisis of the capitalist system and the developments around it.
"USAID has an "Office of Transition Initiatives" operating in Bolivia, funneling millions of dollars of training and support to right-wing opposition regional governments and movements." This is not the first time that the "Kosovo model" of supporting terrorist paramilitaries has been applied in Latin America. The Salvador/ Kosovo option is part of a US strategy to fracture and destabilize countries. The USAID sponsored OTI in Bolivia performs much the same function as a similar OTI in Haiti.
Noted economist and Left activist, Michel Chossudovsky writes in Global Research.
Lenin on imperialism at the turn of the last century seems to eerily fit the realities of the crisis-ridden world at the beginning of this century. Some excerpts from his masterpiece Imperialism.
John Bellamy Foster is editor of Monthly Review magazine, a leading socialist magazine published in the United States. Time and again, MR as it is popularly known has written theoretically about the crisis ridden nature of capitalism and had predicted the current financial crisis long ago. Foster talks to Pagina 12, an Argentinian newspaper published from Buenos Aires. Interview, courtesy MRZINE.org .
In 2004 a US-led invasion force overthrew the democratically elected government of Jean Bertrand Aristide and subsequently promoted and organized an occupation army. This colonial military force has repeatedly violently repressed popular demonstrations, violently raided the neighborhoods of the poor and killed, wounded and arrested Haitians who were affirming their rights of self-determination and an end to foreign occupation.
There is hardly any doubt that climate change is happening, but there are folks out there who are not yet ready to give up to the teleology of a doomsday predicted exclusively for Bangladesh.
Members of Congress were told they could face martial law if they didn't pass the bailout bill. This will not be the last time.