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Archive | September, 2010

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71% of Aid to the Palestinians Ends Up in the Israeli Economy

  The article “Palestinian Economic Dependency on Israel,”1 published on the Alternative Information Center’s website on 23 September 2010, briefly mentioned official development assistance (ODA) to Palestinians.2  This article will elaborate more fully on foreign aid to the Palestinians, particularly in relation to the Israeli economy. Trade Deficit The Occupied Palestinian Territory (OPT) has an […]

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Nature, Forests, and Indigenous Peoples Are Not for Sale

Indigenous brothers of the world: I am deeply concerned because some are attempting to use certain indigenous leaders and groups to promote the commodification of nature and in particular of forests through the establishment of the REDD (Reduction of Emissions from Deforestation and Degradation) mechanism and its versions REDD+ and REDD++. Every day an expanse […]

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Contingent in Oct. 2 Jobs Rally to Demand: “Money for Jobs, Not War or Sanctions against Iran!”

  On Oct. 2, tens of thousands of people from across the United States — members of civil rights organizations, labor unions, community groups and religious institutions — will rally at the Lincoln Memorial in Washington, D.C., to demand “Jobs, Justice and Education!”  (See www.onenationworkingtogether.org.) As part of this effort, the peace movement is mobilizing […]

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Ecuadoran Armed Forces Affirm Respect for State of Law

General Ernesto González, Chief of the Joint Command of the Armed Forces of Ecuador: “The Armed Forces of Ecuador, as determined by the Constitution, is an institution to protect the rights, guarantees, and freedoms of Ecuadoran citizens.  Therefore, we respect the state of law.  We, the Armed Forces, are an institution organized by, led by, […]

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Incredible News

As I was concluding some Reflections on the dismissal of Colombian Senator Piedad Córdoba, incredible news began to arrive from Ecuador.  I’ve spent hours listening to it.  Minute by minute, ferment is growing. At 5:12 PM, Cuban time, condemnations of the coup are proliferating.  The most prestigious Latin American leaders, such as Chávez and Evo, […]

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Percent Wealth Owned

Actually Existing Capitalism

Michael Norton (of Harvard Business School) and Dan Ariely (of Duke) have released results (pdf) from a series of experiments they did in 2005 on the subject of wealth inequality.  They asked individuals in a nationally representative online panel to (1) estimate the current US distribution of wealth and (2) “build a better America” by […]

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Feel No Pain: Why a Deficit in Times of High Unemployment Is Not a Burden

With the economy suffering from near double-digit unemployment, public debate is dominated by concerns over the budget deficit and national debt.  This discussion is unfortunate both because there is no reason for people to be concerned about the deficit at present, and more importantly, because it discourages action on the unemployment crisis that is devastating […]

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Venezuelan Election: Neither Surprising Nor Game-Changing

Yesterday’s election for 165 representatives in the National Assembly is significant but unlikely to bring about major change in Venezuela, despite the opposition having done better than expected.  As this article goes to press, the pro-government United Socialist Party won 94 seats, with 60 for the opposition Democratic Unity, five for other parties, and the […]

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Graph: Existing Home Sales, Dec 2004-Aug 2010

House Sales Remain Weak in August

The sales rate for existing homes in August bounced back slightly from the low hit in July, but it remains well below the tax-credit-driven pace earlier in the year.  Existing homes sold at a 4,130,000 annual rate in August.  This was 7.6 percent above the July rate, but was more than 20 percent below the […]

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Going Green Gets Dirty

Periods of economic recession are known to foster protectionist tendencies.  This has been especially marked after the global crisis, when trade openness has become a useful battering ram in the developed world, skillfully used by policy makers and employers to pass the buck on to the threat posed by foreign producers.  The significantly increased threat […]

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Iran and Iraq: War Anniversary Focused on Youth Friendship

Iran and Iraq: War Anniversary Focused on Youth Friendship

27 September 2010 Iranian and Iraqi youth were the stars at a 24 September ceremony to celebrate peace between their countries.  On this date thirty years ago began the eight-year Iran‐Iraq war that killed and injured hundreds of thousands of both sides.  With a whole generation of orphans wishing to prevent future conflicts, the focus […]

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29S

29 September 2010

Wednesday,29 September 2010:Move your ass, or sit on your ass and stay unemployed! This cartoon was published by Rebelión on 28 September 2010.  Translation by Yoshie Furuhashi (@yoshiefuruhashi | yoshie.furuhashi [at] gmail.com). | Print

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