Archive for February, 2011

“Iraqi Says Made Up Tale of Biological Weapons Before War” (TIMES, 2/16/11)

February 16, 2011

Yes indeed, “Curveball” (Rafid Ahmed Alwan al-Janabi) was lying to his handlers and German intelligence reported that fact to the CIA, but to no avail.

The U.S. shadow presidency was intent on going towar so Cheney, Rumsfeld and the rest of t

“Obama And Egypt’s Future” by Nicholas D. Kristof (TIMES, 2/10/11)

February 16, 2011

The fear of American officials is that the secular democratic opposition might do well in any genuine election, now or in the future.  U.S. foreign policy is committed to stability, not democracy , in every part of the world. An experienced columnist like Kristof should know that by now.

When U.S. officials, especially Republicans, cheer for democracy, what they mean is an economic system that is good for business.  They don’t give a damn about human rights and democratic principles.  Popular democracy gives them the sweats.

“Banks Could Have Key Role in Mets Suit” (TIMES, 2/9/11)

February 9, 2011

The audacity of the moneyed class never ceases to amaze me. Cash is thrown around like it comes from a Monopoly game. All that is necessry to get away with the gambling they do is  to dress themselves in well-tailored suits, keep their neckties tightly knotted and flash the wedding ring as they adjust their reading glasses, in order to assume that avuncular pose which is such an effective hustle. Fred Wilpon fills the bill to a tee.

And they know nothing! The smartest guys in the Big Apple hadn’t a clue about Mandoff’s machinations! Can you believe it?

Gee whiz, they exclaim (or is it golly gee?) when they are caught with hands in the till, was good old Bernie doing that? Your honor, I thought it was because Bernie was smarter than everybody else that was how come he returned 8 percent on the investment,  and that’s the gospel truth!

At a time when the country urgently requires a strong infusion of capital to fund a massive jobs program, we get the spectacles of greed and waste like 

“The Splendor of Cities” by David Brooks (TIMES, 2/8/11)

February 9, 2011

In this paean to Chicago which “has thrived because it has had a good leadership,” David Brooks manages to stroke that “warmhearted Machiavellian,” Rahm Emanuel, who is very busy running for mayor of the windy city.

A much happier person now that he is back in Chicago, he is ready to reform the city’s public education system, complete with the usual conservative “school performance contracts.”

Apparently, David Brooks will be riding on the campaign bus. What will the future bring?

“Job Gains Slow Even As Recovery Looks Stronger” by Motoko Rich (TIMES,2/5/11)

February 9, 2011

The concluding sentence of Motoko Rich’s labored article contradicts the claim that the “recovery looks stronger” and it comes from no less a figure than Federal Reserve chairman, Ben S. Bernanke. The chairman said: “until we see a sustained period of job creation, we cannot consider the recovery to be truly established.”

We don’t need anymore discombobulation from those Bob Herbert calls “data zealots.” Their constant juggling of numbers disembodied from real people makes their message unclear. A person no longer looking for a job is still unemployed so cannot be dropped from an assessment of the present economic situation. Failure to consider such people, making them disappear, is an exercise in self-deception.

    Reporting like this is misleading. It contradicts the TIMES’ boast of printing “all the news that’s fit to print”; though it cannot hide the fact that the private sector is unable (or unwilling) to initiate the recovery that is possible.

   Only a massive federal jobs program can end the suffering and jump start the economy.

“Madoff Had Wide Role in Mets’ Finances (TIMES,2/2/11)”

February 9, 2011

“I always wondered why Bernie was smarter than everyone else,” a former employee of the New York Mets once said.

   How come Fred Wilpon never wondered in all those years he was doing business with Bernie Madoff? Did he really think Madoff was “smarter than everyone else” or was it the fact that “Bernie returned 18 percent” that was the basis of this financial love affair?

The only way to stop this sort of chicanery is by government oversight.

“A Cross of Rubber” by Paul Krugman (TIMES, 1/31/11)

February 9, 2011

          A respected economist like Paul Krugman should stop pussyfooting around this depression that has a stranglehold on the U.S. economy and identify it as such.

          If it has been with us since  “the end of 2007” (at least 12 quarters), doesn’t that alone mean it is a depression?

          All attempts to deny this fact by calling it “the worst slump since the Great Depression” or a “Great Recession” only further delays the relief that is urgently required.

          A broken leg cannot be mended properly if the attending physician thinks it is only a sprained ankle.

          The United States is mired in a depression which requires a massive federal jobs program NOW! We cannot wait until the next presidential election in November 2012.