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GLOBAL CURRENTS

Global Currents 12


GLOBAL FINANCIAL MELTDOWN



U.S. ELECTIONS

Pundits have said that the election of Barack Obama to the presidency of the United States will not change the nation's world image overnight. But in Latin America , it already has.

By Laura Carlsen | November 7, 2008
Americas Policy Program, Center for International Policy (CIP)


F is for Failure: The Bush Doctrine in ruins
21 October 2008
By Tom Engelhardt, TomDispatch.com


Once upon a time, George W. Bush, along with his top officials and advisors, hoped to preside over a global Pax Americana and a domestic Pax Republicana - a legacy for the generations. More recently, their highest hope seems to have been to slip out of town in January before the you-know-what hits the fan. No such luck.



GLOBAL FINANCIAL MELTDOWN

THE SIMULTANEOUS unfolding of the U.S. presidential campaign and unraveling of the financial markets presents one of those occasions where the political and economic systems starkly reveal their nature.


It was a discreet, almost hush-hush affair, but after almost three years of stalling and endless delays it finally happened. Now more than ever, it may also signal a geo-economic earthquake, a potentially shattering blow to US dollar hegemony.


Halloween 2008 - the horror of foreclosures
By Carl Bloice
BlackCommentator.com
October 16, 2008

As Halloween neared in 2006, the looming mortgage crisis was already apparent and now two years later the horror of it all hasn't gone away. It keeps getting worse.


Paulson's swindle revealed
By William Greider
The Nation
October 29, 2008

The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm.


Foreclosing on the Free Market: How to remedy the subprime catastrophe
By John Atlas, Peter Dreier, and Gregory D. Squires
New Labor Forum Fall 2008

It's now official. In January 2008, the American Dialect Society selected 'subprime' as 2007's Word of the Year. 'Everyone is talking about subprime,' said Wayne Glowka, a society spokesman. 'It's affecting all kinds of people in all kinds of places.'


THE OBAMA PRESIDENCY
The Power of AIPAC - Who Runs America?
Barack Obama's Kettle of Hawks
Full Remarks of Obama's Stimulus Speech






Remarks of President-Elect Barack Obama American Recovery and Reinvestment January 8, 2009

Military sees Obama as key to victory in Afghanistan
DOUG SAUNDERS
From Tuesday's Globe and Mail

LONDON — In normally hawkish military and diplomatic circles, it is being called an "Obama boost": a widespread belief that the war in Afghanistan may be winnable only if Barack Obama is elected president tonight.
The Election, Economy, War, and Peace
By Noam Chomsky

Seven reasons for healthy skepticism
Jim VandeHei, John F. Harris Jim Vandehei, John F. Harris
Jan 21, 2009

Next Administration Shows Signs It Will Seek Middle Ground With Business on Thorny Issues

By ELIZABETH WILLIAMSON
WASHINGTON -- The weak economy, congressional races that empowered moderates and President-elect Barack Obama's choice of business-friendly advisers suggest Democrats will go slow on controversial labor and regulatory issues.


The Israeli Offensive in Gaza
Why Palestinians need our solidarity

By Roland G. Simbulan
(Lecture given by the author at a Forum at the Natatanging Bulwaga Gusali ng Katipunan, Pamantasan ng Lungsod ng Maynila-PLM or University of the City of Manila on January 13, 2009)


U.S. Weaponry Facilitates Killings in Gaza
By Thalif Deen


UNITED NATIONS, Jan 8 (IPS) - The devastating Israeli firepower, unleashed largely on Palestinian civilians in Gaza during two weeks of fighting, is the product of advanced U.S. military technology.

Gaza: The endless cycle of trauma
By Sandy Tolan, Middle East analyst



Virtually the Entire Dem-Controlled Congress Supports Israel's War Crimes in Gaza
By Stephen Zunes, AlterNet. Posted January 13, 2009.
 
 
   

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