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Posts Tagged ‘U.S. Economy’

Worldwide War: 50 Years of the Military Industrial Complex

David Swanson | Global Research | Posted on: September 28, 2011

Did you know that redirecting a fraction of our military spending to education, green energy, healthcare, and tax cuts would create a job for every unemployed or underemployed person in the country (including those losing war industry jobs during this conversion)? It’s true.

Did you know we’re fighting drone wars that create enemies by killing innocents, in large part because the CIA created a bureaucracy for drone wars and wants to use it? Now you do.

We’ve got a choice to make between the military industrial complex and our future.

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Making the US Economy “Scream”

Friday 10 June 2011
by: Robert Parry, Consortium News   Via:  Truthout

Modern Republicans have a simple approach to politics when they are not in the White House: Make America as ungovernable as possible by using almost any means available, from challenging the legitimacy of opponents to spreading lies and disinformation to sabotaging the economy.

Over the past four decades or so, the Republicans have simply not played by the old give-and-take rules of politics. Indeed, if one were to step back and assess this Republican approach, what you would see is something akin to how the CIA has destabilized target countries, especially those that seek to organize themselves in defiance of capitalist orthodoxy.

To stop this spread of “socialism,” nearly anything goes. Take, for example, Chile in the early 1970s when socialist President Salvador Allende won an election and took steps aimed at improving the conditions of the country’s poor.

Under the direction of President Richard Nixon and Secretary of State Henry Kissinger, the CIA was dispatched to engage in psychological warfare against Allende’s government and to make the Chilean economy “scream.”

U.S. intelligence agencies secretly sponsored Chilean news outlets, like the influential newspaper El Mercurio, and supported “populist” uprisings of truckers and housewives. On the economic front, the CIA coordinated efforts to starve the Chilean government of funds and to drive unemployment higher.

MORE HERE

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Nobel Economist Michael Spence Says Globalism Is Costly For Americans

Dr. Paul Craig Roberts | Global Research | May 31, 2011

These are discouraging times, but once in a blue moon a bit of hope appears. I am pleased to report on the bit of hope delivered in March of 2011 by Michael Spence, a Nobel prize-winning economist, assisted by Sandile Hlatshwayo, a researcher at New York University. The two economists have taken a careful empirical look at jobs offshoring and concluded that it has ruined the income and employment prospects for most Americans.

To add to the amazement, their research report, “The Evolving Structure of the American Economy and the Employment Challenge,” was published by the very establishment Council on Foreign Relations. http://www.cfr.org/industrial-policy/evolving-structure-american-economy-employment-challenge/p24366

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Howard Fineman Talks 2012 Presidential Race On ‘The Chris Matthews Show’ (VIDEO)

HuffPost TV

Posted: March 6, 2011 11:21 AM

The Huffington Post’s Senior Political Editor Howard Fineman appeared on “The Chris Matthews Show” on Sunday, along with the BBC’s Katty Kay, NBC News’ Norah O’Donnell and Time Magazine’s Richard Stengel, to discuss America’s declining position in the world, and what it means for President Obama in 2012.

“The trick is to be honest and inspirational at the same time,” Howard said.

“50-year-old factory worker, 50-year-old man or woman in Western Pennsylvanian, Indiana, the states that are going to decide this next election…. Are they thinking ‘The president’s got this all figured out?'” Matthews asked.

“If you look a the statistics and the polling, and you talk to people in those places, as I do,” Howard replied, “They don’t think that. They’re highly skeptical. And I think they’re open to another message from somebody who, if he or she can find it, mixes honesty with inspiration. If you’re just going to tell people, ‘Look, here are the cold, hard facts,’ that’s not going to work.”

WATCH VIDEO HERE

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Join Peace Vet-Led Protest at White House on December 16th

by Kevin Zeese, Dissident Voice,  December 9th, 2010

The White House is in the midst of a strategic review of Afghanistan. This review is coming at a time when the reality is hard to ignore: Afghanistan cannot be won, the cost is escalating at a time when the U.S. economy is in collapse and the war is undermining U.S. national security and the rule of law.  It is time to end the war-based foreign policy of the United States.

Opposition to war is growing. Sixty-one House members wrote president Obama last month calling for an end to the Afghan war. The letter was co-signed by 57 Democrats and 4 Republicans.  They wrote: “This has become the longest war in US history. The rate of casualties is at an all-time high. And we have already spent $365 billion on this unwinnable war.”  This reflects the views of Americans.  A recent poll conducted by Quinnipiac University found that 50 percent of those surveyed said the United States should not be involved in Afghanistan, compared to 41 percent who opposed the war in September.

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Tuesday morning on CNBC, the spazzy white guys in lower Manhattan were debating how the administration and Congress can best repair the economy, and mainly the jobless numbers. At one point, Rick Santelli, the hyperkinetic shoutcaster and instigator of the tea party movement, began to flail around, waving his arms above his head while yelling, “Stop spending! Stop spending! Stop spending!”

And contrary to accusations from one of the other spazzy white panelists, Santelli insisted he wasn’t calling for more tax cuts. Just a freeze in government spending. Somehow.

Fine. Show us another time in American history when a spending freeze — and a spending freeze alone — jump-started an economic recovery following a deep recession and high unemployment. Show us. Where in the world is Santelli getting this?

It doesn’t really matter from which hole Santelli’s latest television meltdown was extricated. Suffice to say, there is no historical precedent for any such thing. In fact, the often-referenced spending cuts of 1937 caused the opposite effect: a backslide in the economic recovery during the Great Depression. Oh, sorry. There we go again — referencing actual “history” instead of just screeching incongruous, contradictory and unsubstantiated nonsense, which seems to be the accepted style of discourse these days.

Santelli’s rant is just another performance in a broader strategy by the Republicans and tea party movement to deliberately sabotage the economic recovery. Not unlike Santelli’s “stop spending” idea, this is a strategy which also, to the best of my knowledge, has no historical precedent. For the first time ever — and this is worth repeating — one of the two major political parties in America is sabotaging a delicate economic recovery for the sake of humiliating the president and his party, and subsequently recapturing a political majority.

More than a year ago, Rush Limbaugh both predicted this and set the table for it to occur. They want the president to fail, and now it’s clear that they’re willing to take the economic recovery down in order to make it so. Is there any doubt who leads the Republican Party?

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Robert Kuttner | HuffPo | December 6, 2009

(Charles Dharapak/AP)

I was pleasantly surprised to be invited to the White House jobs summit last Thursday, where I got to watch President Obama engage with about 130 people off the cuff. And I was reminded, first hand, what drew so many of us to the promise of this remarkable outsider — the decency, the intellect, the idealism, and the evidently progressive impulses. I came away even more bewildered and dismayed at the reality that this president, who could have been such an insurgent at a moment demanding insurgency, has been so utterly captured by the Wall Street elite, the health insurance industry elite, and the military elite.

As a friend said, “I so wanted to be supportive of a great progressive president this time instead of being back in opposition.”

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