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Local News & Opinion
Ref.: Civic Events Ref.: Arts & Education Events Ref.: Public Service Notices Travel
01.13 Hawaii, the Unique State Books, Films, Arts & Education
01.24 Can Apple “Rescue” US Education? (Graphics) 01.23 What You (Really) Need to Know 01.22 How to Forecast Weather Infographic w/Simple Explanations Letters
Ref. : Letters to the editor Health Care & Environment
02.03 Obama Won't Touch Climate With a 10-Foot Pole 02.03 Komen reverses decision to cut Planned Parenthood funding 02.03 Reforming EU Deep-Sea Fisheries Management 02.02 By defunding Planned Parenthood, the Susan G Komen Foundation betrays women 02.02 Ohio Tries to Escape Fate as a Dumping Ground for Fracking Fluid 01.31 Eleanor Smeal dissects Obama vs. Catholic Church controversy over birth control coverage - video 01.30 Scientists Call on Obama Administration to Use Science as Guide for Arctic 01.28 Universal health care proposal stalls in California Senate 01.27 Apple, Electronics and Environmental Ills 01.25 Solar Cheaper Than Diesel Making India’s Mittal Believer: Energy 01.24 Sounding an Alarm on Birds and Mercury 01.24 Why Don’t We Have Abundant Solar Power? Blame Financing, and Industry, not Science 01.22 The Money Traps in U.S. Health Care 01.22 Looking Inside the Twinkie Ref. Dollars for Doctors - How Industry Money Reaches Physicians Ref. 2010 Comparative Price Report Medical and Hospital Fees by Country - Graphics Ref. Health at a Glance 2011 - OECD Indicators Ref. : Why is Healthcare Absurdly Expensive in USA (Part 2) [Graphics] (Part 1 is here) Video Health Care Systems in Less Corrupt Countries “News” Media
02.02 ABC's Iran Propaganda 02.02 The Ongoing “Foxification” of the Wall Street Journal 01.30 While temperatures rise, denialists reach lower 01.29 Fox News psychiatrist: Newt Gingrich's affairs 'mean he might make a strong president' 01.22 ‘Shocking victory’: With SOPA shelved, Markos Moulitsas on a way forward for Internet policy - video Daily The Daily Howler Justice Matters
02.03 Senate Votes To Ban Its Members From Insider Trading... Kind Of 01.31 Senate clears way for vote on insider-trading ban 01.25 Why all the robo-signing? Shedding light on the shadow banking system 01.25 In Iraq, Haditha case is reminder of justice denied 01.22 Still Not Clear on SOPA & PIPA? Infographic w/Simple Explanations US Politics, Policy & Culture
02.03 SUPERBOWL XLVI: Are You Ready for Some Football??? 02.03 Buffett rules: Sheldon Whitehouse introduces the Paying a Fair Share Act - video 02.02 Secrecy Shrouds ‘Super PAC’ Funds in Latest Filings 02.01 Rich Patrons Are Major Source of Romney’s Cash 01.31 How Newt Gingrich Crippled Congress 01.30 Corporate Rule Is Not Inevitable 01.30 Clashes in Oakland: 400 Arrests, Tear Gas, Flash-Bang Grenades 01.30 A European look at the US primaries - video 01.29 Obama’s Faux Populism Sounds Like Bill Clinton 01.25 Inside Romney’s Tax Returns: A Reading Guide 01.24 ILLUSIONS: Being Led Down the Primrose Path...??? 01.24 Science Bulletins: Whales Give Dolphins a Lift - video 01.24 THE OBAMA MEMOS 01.22 Three Takeaways From South Carolina High Crimes?
Economics, Gov't. & Business
02.03 PRIVATE INEQUITY 02.02 The New American Divide 02.02 American Airlines proposes to end all four pension plans 02.01 Economics 101 01.30 New Strategy, Old Pentagon Budget 01.30 Where Did All the Workers Go? 60 Years of Economic Change in 1 Graph 01.29 The Apple Boycott: People Are Spouting Nonsense about Chinese Manufacturing 01.29 Made in the World 01.28 Sugar daddy Adelson could save $500 million in taxes if his boy Gingrich wins - video 01.28 How Swedes and Norwegians broke the power of the ‘1 percent’ 01.27 Unemployment in Spain Rises to 22.9% 01.27 Chinese Company Continues Plan To Replace Workforce With 500,000 Robots 01.27 Details Emerge of New Financial Fraud Unit 01.27 Not all jobs are equal 01.27 The Shift from Manufacturing to Service Economy - Graphic 01.25 Billionaires Occupy Davos as 0.01% Bemoan Inequality 01.24 Germany has the economic strengths America once boasted 01.23 State Capitalism: The visible hand 01.22 How Big Money Bought Our Democracy, Corrupted Both Parties, and Set Us Up for Another Financial Crisis - video 01.22 How U.S. lost out on Apple's iPhone work International
02.03 What the Occupy movement must learn from Sundance 02.02 US plans to halt Afghan combat role early surprise Kabul 01.31 TABLE TALK 01.30 With its deadly drones, the US is fighting a coward's war 01.30 UN panel aims for 'a future worth choosing' 01.26 Iran is ready to return to nuclear talks 01.24 Reagan’s Hand in Guatemala’s Genocide We are a non-profit Internet-only newspaper publication founded in 1973. Your donation is essential to our survival.
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U.S. DICTATORSHIP:Belligerent Until the Bitter EndIf You Can't Win One War, Start Another The Bush regime currently has wars underway in Afghanistan and in Iraq and can bring neither to a conclusion. Undeterred by these failures, the Bush regime gives every indication that it intends to start a war with Iran, a country that is capable of responding to US aggression over a broader front than the Sunni resistance has mounted in Iraq.The US lacks sufficient conventional capability to prevail in such widespread conflict. The US also lacks the financial resources. Iraq alone has already cost several hundred billion borrowed dollars, with experts' estimates putting the ultimate cost in excess of one trillion dollars. Moreover, the Bush regime's belligerent foreign policy extends to regions beyond the Middle East. The Bush regime has recently declared election outcomes in former Soviet republics as "unacceptable." The Bush regime with the support of both political parties preaches democracy to the world while ignoring it at home. Polls show that Americans are opposed to open borders and amnesties for illegals. But a government willing to dictate to the world is willing to dictate to its own citizens. The "unacceptable" outcomes are those that do not empower parties aligned with the US and NATO. Russians view the Bush regime's "democracy programs" for Ukraine, Georgia and Belarus as an effort to push Russia northward and deprive it of warm water ports. Russian leaders speak of the "messianism of American foreign policy" leading to a new cold war. An article in the current issue of Foreign Affairs, long regarded as a voice of the American foreign policy establishment, concludes that the Bush regime "is openly seeking primacy in every dimension of modern military technology, both in its conventional arsenal and in its nuclear forces." The article suggests that the US has now achieved nuclear superiority and could succeed with a preemptive nuclear attack on both Russia and China. Considering the extreme delusions of the neoconservative warmongers who control the Bush regime, the publication of this article will encourage more aggressive assertions of American hegemony. The article has "had an explosive effect" in Russia, according to former prime minister Yegor Gaidar. The fact that Russia's nuclear missiles are no longer seen to be sufficiently robust to serve as deterrents could dangerously unleash restraints on the neoconservatives' proclivity to impose their will on the world. The authors of the Foreign Policy article write that America's nuclear primacy positions the US "to check the ambitions of dangerous states such as China, North Korea, and Iran." Neocons, of course, never see their own ambitions as dangerous. The Bush regime has succeeded in committing America to a belligerent and messianic foreign policy that means years of wars at a minimum and likely preemptive US nuclear attacks against other countries. How will Americans pay for the decades of war that the neocons are fomenting? The Afghan and Iraqi wars are being financed by the Chinese and Japanese whose loans cover the Bush regime's budgetary red ink. Can US nuclear primacy succeed in forcing the indefinite extension of this financing as a form of tribute? Can the neoconservatives subdue the Islamic Middle East with nuclear weapons without endangering the flow of oil? The classic method of war finance is inflation. The Romans destroyed the intrinsic value of their coinage with lead. When the US can no longer sell its bonds, it can print money. The US might have nuclear primacy, but it no longer has economic primacy. The US economy has been living on debt. In 2005 American consumers overspent their incomes for the first time since the Great Depression. The rising trade deficit is cutting into economic growth. Middle class jobs for Americans are being lost to offshore outsourcing and to foreigners brought in on work visas. Salaries in the jobs that remain are being forced down. Adjusted for inflation, starting salaries for university graduates are declining. Business Week's Michael Mandel (September 15, 2005) compared starting salaries in 2005 with those in 2001. Adjusted for inflation, starting salaries for university graduates are declining. He found a 12.7% decline in computer science pay, a 12% decline in computer engineering pay, and a 10.2% decline in electrical engineering pay. Psychology majors experienced a 9.3% fall in starting salaries, marketing a 6.5% decline, business administration a 5.7% fall, and accounting majors were offered 2.3% less.Economist Alan Blinder, a former vice-chairman of the Federal Reserve, estimates that 42-56 million American service sector jobs are susceptible to offshore outsourcing. Whether or not all of these jobs leave, US salaries will be forced down by the willingness of foreigners to do the work for less. By substituting cheaper foreign labor for US labor, globalization boosts corporate profits and managerial bonuses at the expense of workers pay. We are seeing the end of the broadly shared prosperity of the post-WWII era. Education and re-training are no protection against offshoring and foreign workers entering America on work visas. Americans at the lower end of the income scale are being decimated by massive legal and illegal immigration that has dramatically increased the labor supply in construction, cleaning services, and slaughterhouses. With incomes flat or falling and prices rising, increased taxation to finance the neoconservatives' wars of aggression is not in the cards. The Bush regime with the support of both political parties preaches democracy to the world while ignoring it at home. Polls show that Americans are opposed to open borders and amnesties for illegals. But a government willing to dictate to the world is willing to dictate to its own citizens. We are witnessing the American citizen's loss of his voice and the rise of concentrated power. The primacy that the neocons are seeking over the world will prevail over the American people, too. Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review. He is coauthor of The Tyranny of Good Intentions. He can be reached at: paulcraigroberts@yahoo.com
Read more: Copyright © 2006 The Baltimore Chronicle.
All rights reserved. Republication or redistribution of Baltimore Chronicle content is expressly prohibited without their prior written consent. This story was published on April 6, 2006. |
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