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Showing posts from April 7, 2011

Greed is Not a Virtue   :      Information Clearing House: ICH

Greed is Not a Virtue   :      Information Clearing House: ICH

The following are some of the more visible elements of Wall Street’s global campaign of moral perversion.

It uses control of media outlets, advertising, and politicians to shape and spread a global culture of individualistic greed, material self-indulgence, ruthless competition, and moral irresponsibility.
Through the pursuit and celebration of financial gain at any cost, it provides role models for immoral behavior.
It undermines democracy and the legitimacy of government by buying politicians to do its bidding.
It uses student loan programs to get the best and brightest youth mired in debts they can repay only by selling themselves to jobs that serve Wall Street interests.
It buys up and monopolizes control of the world’s land and water resources in anticipation of extracting monopoly profits by charging what the market will bear as scarcity increases.
It uses its financial power and creative accounting skills to manipulate mar…

America's Costliest War     :      Information Clearing House: ICH

America's Costliest War     :      Information Clearing House: ICH
By William Hartung

April 06, 2011 "Huffington Post" -- Congress, the media, and the public are rightly asking whether America should be spending $1 billion or more on the intervention in Libya at a time of fiscal austerity. One member of Congress has even proposed that the mission be offset dollar for dollar by cuts in domestic programs (leaving the Pentagon and related security programs off limits).

While this newfound attention to the costs of U.S. global military operations is welcome, focusing on Libya alone misses the mark. The $1 billion in projected spending on Libya is just one tenth of one percent of the over $1 trillion the United States has spent so far on the wars in Iraq and Afghanistan. Looked at another way, the likely costs of the Libyan mission are the equivalent of less than four days of spending on the war in Afghanistan.

ei: Interview with the late Juliano Mer-Khamis: "We are freedom fighters"

ei: Interview with the late Juliano Mer-Khamis: "We are freedom fighters"Actor-director Juliano Mer-Khamis was shot dead by a masked gunman yesterday outside the Freedom Theatre that he co-founded in the Israeli-occupied West Bank city of Jenin in 2006. Born in Nazareth in 1958 to Saliba Khamis, a Palestinian Christian leader of the Israeli Communist Party, and Arna Mer, an Israeli Jewish dramatist, Juliano memorably described himself as "100 percent Palestinian, and 100 percent Jewish."