Search This Blog
Monday, January 19, 2009
Gaza: The Killing Zone
Saturday, January 17, 2009
Media Analysis of US Coverage of Arab-Israeli Conflict
Monday, January 12, 2009
9 arrested in New York rally on Gaza
Mon, 12 Jan 2009 05:17:49 GMT | PressTV.ir
| Protesters in New York |
Since Israel launched an all-out war against people in Gaza on December 27, at least 900 Palestinians have been killed and some 4,000 others are reported wounded.
"The police pushed us out onto the avenue, and as we were walking down the avenue ... they charged with horses on the sidewalks and they charged with their own bodies and pushed in, and a riot started," Steve Sherman, coordinator of security for United for Peace and Justice and a demonstrator at the rally told CNN.
Backed by Washington, Tel Aviv continues it all out war on Gaza, paying no attention to the UN Security Council resolution calling for an immediate end to the conflict.
All UN Security Council members except the US voted for the resolution on Friday.
The US had vetoed three other resolutions condemning the Israeli acts since the beginning of Tel Aviv's onslaught on Gaza.
The United States has so far vetoed over 40 anti-Israeli resolutions sought by the council since 1972.
Meanwhile in Europe, more than 250,000 Spanish people held the largest pro-Palestinian rally to show their anger over the Israeli bloodshed.
Italy, Greece, and Belgium were among other European countries that joined people around the world to denounce the attacks.
Saturday, January 3, 2009
Open Letter to Barack Hussein Obama, President-elect of the United States of America
Sunday, December 28, 2008
Israel pounds Gaza for second day
GAZA (Reuters) - Israel launched air strikes on Gaza for a second day on Sunday, piling pressure on Hamas after killing more than 270 people in one of the bloodiest days in 60 years of conflict between the Palestinians and the Jewish state.Dozens of Israeli armored vehicles massed along the Gaza border for a possible ground invasion and the U.N. Security Council called early on Sunday for a halt to the violence.
Israeli military affairs commentators said the Israeli offensive did not appear to be aimed at retaking the Gaza Strip or destroying the territory's Hamas government -- ambitious goals that could prove difficult and politically risky to achieve ahead of Israel's February 10 parliamentary election.
Instead, they said, Israel -- after an air bombardment on Saturday -- wanted to strengthen its deterrence power and force Hamas into a new truce that would lead to a long-term halt to cross-border rocket salvoes.
Friday, December 26, 2008
FROM INDIA WITH CAPATI!
WHY DO WE DEPEND ON US ?
The Japanese save a lot. They do not spend much.
Also Japan exports far more than it imports.
Has an annual trade surplus of over $100 billion, yet
Japanese economy is considered weak, even collapsing.
Americans spend, save little.
Also US import more than it exports.
Has an annual trade deficit of over $400 billion.
Yet, the American economy is considered strong and
trusted to get stronger.
But where from do Americans get money to spend?
They borrow from Japan , China , and even India .
Virtually others save for the US to spend.
Global savings are mostly invested in US, in dollars.
India itself keeps its foreign currency assets of over
$50 billions in US securities.
China has sunk over $160 billion in US securities.
Japan 's stakes in US securities is in trillions.
Result:
The US has taken over $5 trillion from the world.
So, as the world saves for the US , Americans spend
freely. Today, to keep the US consumption going, that is for
the US economy to work, the countries have to remit $180 billion every
quarter that is $2 billion a day to the US !
Otherwise the US economy would go for a sick.
So will the global economy.
The result will be no different if US consumers begin consuming less.
A Chinese economist asked a neat question.
Who has invested more, US in China , or China in US?
The US has invested in China less than half of what
China has invested in US.
The same is the case with India .. We have invested in
US over $50 billion.
But the US has invested less than $20 billion in India
Why the world is after US?
The secret lies in the American spending, that they
hardly save. In fact they use their credit cards to spend their
future income.That the US spends is what makes it attractive to
export to the US . So US imports more than what it exports year afteR
year
The result:
The world is dependent on US consumption for its growth.
By its deepening culture of consumption, the US has
habituated the world to feed on US consumption.
But as the US needs money to finance its consumption,
the world provides the money.
It's like a shopkeeper providing the money to a customer so that the
customer keeps buying from his shop. The customer will not buy; the
shop won't have business, unless the shopkeeper funds him.
The US is like the lucky customer.
And the world is like the helpless shopkeeper financier.
Who is America 's biggest shopkeeper financer?
Japan of course. Yet it's Japan which is regarded as weak.
Modern economists complain that Japanese do not spend,
so they do not Grow.
To force the Japanese to spend, the Japanese government exerted itself.
Reduced the savings rates, even charged the savers.
Even then the Japanese did not spend (habits don't change, even
with taxes, do they?).
Their traditional postal savings alone is over $1.2 trillions, about
three times the Indian GDP. Thus, savings, far from being the strength of Japan ,
has become its pain.
Hence, what is the lesson?
A nation cannot grow unless the people spend, not save. Not just
spend, but borrow and spend.
Dr. Jagdish Bhagwati, the famous Indian-born economist
in the US, told that don't wastefully save.
Start spending, on imported cars and, seriously, even
on cosmetics! This will put all nations on a growth curve.
'Saving is sin, and spending is virtue.
Before you follow this neo economics, get some fools
to save so that you can borrow from them and spend.
This is what US has successfully done in last few
decade.
Written by Dr Jagdish Bhagwati an economist
- share your thought
Thursday, December 25, 2008
Thursday, December 18, 2008
Plundering the Congo & The Destabilization of Congo
Monday, December 15, 2008
Bush's Final F.U. - a host of last-minute regulations
Friday, December 12, 2008
Anwar Ibrahim on YouTube with Riz Khan.
Anwar Ibrahim [present leader of opposition and MP of Malaysia] talk about the opposition, the coming shadow cabinet, the economics, press freedom and foreign direct investment.
Mahathir on YouTube with Riz Khan
Thursday, December 11, 2008
The "Universal Declaration" of "Human Rights".
Thursday, December 4, 2008
RPK & two others on Aljazeera.
Wednesday, December 3, 2008
Mumbai Attacks - Democracynow.org discussion.
Monday, November 24, 2008
Bank eat bank: Bailout encourages mergers
Saturday, November 22, 2008
Report: US Uses Aid to Promote Non-Humanitarian Goals
The Development Assistance Research Associates (DARA) Humanitarian Response Index 2008 measures how effectively the world's 23 largest donors deliver aid. The United States ranked 15th in overall effectiveness and only 13th in the level of generosity measured by the size of its economy.
But it ranked near the bottom, 22nd, when it came to adherence to principles and guidelines established by the Organization for Economic Cooperation and Development to ensure that political considerations don't exclude worthy recipients of aid.
DARA's findings reflect what it called the United States' use of humanitarian assistance to achieve military or political goals in eight crisis zones the group studied, including Afghanistan, Colombia and the Palestinian territories. . . read more
Thursday, November 20, 2008
G20 Summit started an ideological war?
Can socialist planning work?
With economic crisis sweeping the globe, many people are asking if there is a better way to organise society. Kate Connelly and Esme Choonara explain how a planned socialist economy might work.
Planning does exist under capitalism – but it takes place within individual firms rather than across society as a whole.
Capitalism is also extremely undemocratic. Even in the parts of the world where we get to vote for parliamentary representatives, we have no control over most economic decisions that shape our lives.
Because production isn't tied to what people need, crises occur where companies find that their products can't be sold. Karl Marx explained that capitalism is the first economic system where you can have a crisis of overproduction, rather than a crisis of scarcity.
Socialist planning is about completely different priorities – producing for need, not for profit. It is impossible to determine what those needs are without extending democracy and involving the mass of the population in decision-making. . . . read moreThe G-20 Summit: A Vote of Confidence for Capitalism?
Tuesday, November 18, 2008
G20 outcome
Wednesday, November 5, 2008
US Presidential Election 2008 – the First Casualty
With the stakes high, there were reports of dirty tricks and legal battles, as well as what is now customary chaos at American polling stations. Voter intimidation, faulty machines, late poll openings, missing ballot papers and even the rain brought problems.
Police in
The voter who called the police said that one of the men told him: "A black man is going to win the election. We're tired of white supremacy."
Observers elsewhere in
In
In several states, election officials ruled that anyone in line when the polls close would be allowed to vote, causing the counts to drag on for hours.
Democratic voters in
In Florida, where officials have fought to escape their reputation as an international laughing stock after the Bush-Gore recount debacle eight years ago, there were still problems, with papers rejected by the counting machines when voters failed to fill in details on the reverse of their ballots.
Electoral officials were unable to set up a polling station at a church in
There was also evidence of voter fraud.
Voters in
A blast of rain sweeping up the East coast disrupted voting in
Thousands had their wet papers quarantined in separate bins while they dried out before officials scanned them in again.
In
Eight years after he left the White House and seven months after she abandoned her own presidential bid, Bill and Hillary Clinton remained at the eye of the storm. Mrs Clinton attracted complaints for conducting an interview within feet of the polling booths, a violation of election law that bans electioneering 100 feet of voter booths.





