Archive | November, 2010

  • Take a Stand for Peace

      This letter invites you to join what will be the largest veteran-led civil resistance to U.S. wars and occupations in recent history, Washington, D.C., December 16: <>. During the Vietnam War, Martin Luther King called our government “the greatest purveyor of violence in the world today.”  That was true then — and is even […]

  • The War on the Resistance in Lebanon Enters Its Fifth Phase

    “We have overcome four phases [Resolution 1559, sponsored by France and the United States, imposing the Syrian withdrawal from Lebanon; the French temptation, i.e. Jacques Chirac’s offer of power in exchange for disarmament; Israel’s July War, backed by the United States, against Lebanon in 2006; the 5 May 2008 decision of the Lebanese government, prodded […]

  • Emerging Markets Confront QE2: Capital Controls, Reserve Accumulation, or Both?

      Paul Jay: You recently wrote a piece in the Guardian.  The title is “Who Pays the Bill for the Fed’s QE2?  By Depressing US Interest Rates, Quantitative Easing Forces Developing Countries to Defend Their Currencies at Crippling Cost.”  What do you mean by that? Kevin P. Gallagher: One of the unintended effects of QE2 […]

  • Fed Bashing at the G-20: A Return to the Gold Standard Anyone?

    A strange thing happened on the way to the G-20 meetings: world elite opinion has turned against the Federal Reserve’s “Quantitative Easing” (QE) program, the only significant “Keynesian” macroeconomic policy being implemented anywhere in the face of massive unemployment in much of the developed world; and this criticism is garnering some support from strange places, […]

  • TDU in Chicago

    Chicago. During the 1970s, a small slice of the trade union left was able to tap into working-class discontent and workplace militancy in a very enduring way.  The result, in the unlikely venue of the International Brotherhood of Teamsters (IBT), was an on-going “Tea Party” in the best and original sense of that Boston-based organizing […]

  • Are Public Sector Workers Overpaid?  The Story of Underfunded Pensions

    There has been a serious effort by many on the right to claim that public sector workers are overpaid.  The typical way that critics make this argument is to simply compare the average wage of workers in the public sector and the private sector.  This comparison does indeed show that public sector workers are paid […]

  • Israel’s Self-Destruction: Reunifying the Palestinian Nation

    Benjamin Netanyahu, Israel’s prime minister, is in the United States this week, but few observers expect an immediate or significant breakthrough in the stalled peace talks with the Palestinian leadership. In public, Mr. Netanyahu maintains he is committed to the pledge he made last year, shortly after he formed his right-wing government, to work towards […]

  • On Deficit Commission Proposals

    November 10, 2010 Senator Alan Simpson and Erskine Bowles appeared to have largely ignored economic reality in developing the proposals they presented to the public today. The country is suffering from 9.6 percent unemployment with more than 25 million people unemployed, underemployed, or who have given up looking for work altogether.  Tens of millions of […]

  • After the Midterm Elections: Hawks Up the Pressure for Military Action and Obama Sets Iran Up for More Sanctions

    Tony Karon has another sharp piece this week, entitled “Israel Pressed for a Tougher U.S. Line on Iran.”  For some time now, we have been forecasting an intensification of pressure on the Obama Administration, by Israel and pro-Israel constituencies in the United States, for U.S. military strikes against Iran’s nuclear infrastructure. It appears that the […]

  • Big Game Hunting

    with an IMF/WB/WTO trap baited with hard currency. . . . This cartoon was published by Rebelión on 10 November 2010.   Translation by Yoshie Furuhashi (@yoshiefuruhashi | yoshie.furuhashi [at] | Print

  • Dear Senator Michael Bennet

    November 9, 2010 The Honorable Michael Bennet 702 Hart Senate Office Building Washington, DC 20510 Dear Senator Bennet: I heard you say during your interview on National Public Radio this morning that if nothing is done, there will be no Social Security for people your age.  This is badly mistaken.  You should know, both for […]

  • Young Jews Disrupt Netanyahu at Jewish General Assembly

      November 8, 2010 — Young Jews challenged leadership at the Jewish Federation General Assembly in New Orleans.  They disrupted PM Netanyahu’s speech to say: “Israel’s actions delegitimize it, not those working to put an end to its violations of international law.” is a project of young leaders of Jewish Voice for Peace. | […]

  • Can the United States Save Itself in the Middle East?

    Last month, the New America Foundation and the University of Chicago’s Project on Security and Terrorism (CPOST) sponsored a conference in Washington, entitled “Cutting the Fuse: Moving beyond the War on Terror.”  The conference was sparked by the publication of a new book by CPOST’s director, Robert Pape, and James Feldman, entitled Cutting the Fuse: […]

  • Germany: Greens Rise as the Left Party Struggles . . . with Itself

    Using ropes, some young people descended halfway from railroad bridges to force the train to stop.  Others hastily grabbed stones out from under the tracks and in this way prevent their use.  Far more, young and old from all over Germany, simply sat down on the tracks until police carried them away.  Banners and witty, […]

  • Action on Social Security: The Urgent Need for Delay

    Introduction Many policymakers and analysts are arguing that there is an urgent need to make changes to Social Security.  They point out that the projections from the Congressional Budget Office and the Social Security Trustees show the program to be out of balance in the long-term, therefore we would be best advised to make changes […]

  • The Fed and the Great Recession That Won’t Go Away

    In the shadow cast by mass media coverage of elections in which under 40% of eligible citizens voted, the Federal Reserve recognized what the candidates could or would not.  The capitalist crisis is still upon us, shows few signs of fading soon, and provides strong hints that it might get worse.  So despite record cash […]

  • How Many Jobs Does It Take to Hold the Unemployment Rate Constant?

    This one should not be all that hard but the papers have numbers all over the place.  Let’s turn to our old friend, arithmetic, to shed some light on the topic.  The Congressional Budget Office tells us that the labor force is growing at the rate of 0.7 percent a year.  The current size of […]

  • EU: “Common Position” against Cuba

      The European Union to the United States: “Yes, my love, I know you like my position, but everyone is saying that you are the only one who has it in common with me.” Pedro Méndez Suárez is a Cuban cartoonist.  This cartoon was published in Rebelión on 7 November 2010.  Translation by Yoshie Furuhashi […]

  • Lessons from a Congressional Campaign

    I ran as an independent candidate for Congress in Massachusetts against a visibly tired and increasingly unpopular but entrenched liberal Democratic incumbent, and a Tea Party Republican.  My message was, “The old system is broken — let’s start building a new one!”  I stated that I wanted to fight what I described as the trend […]

  • Somalia, US, and the Dual-Track Letdown

    Somalia in particular and the Horn of Africa in general are at such a volatile stage that any misstep — domestic or foreign — could only further exacerbate their perilous condition.  One such potential misstep is the recently proposed US foreign policy toward Somalia known as the Dual-Track approach. First, a brief background: In 2006 […]