The Terrorist Threat As A Means To An End

The Article: The Decade’s Biggest Scam by Glenn Greenwald at Salon.

The Text: The Los Angeles Times examines the staggering sums of money expended on patently absurd domestic “homeland security” projects: $75 billion per year for things such as a Zodiac boat with side-scan sonar to respond to a potential attack on a lake in tiny Keith County, Nebraska, and hundreds of “9-ton BearCat armored vehicles, complete with turret” to guard against things like an attack on DreamWorks in Los Angeles. All of that — which is independent of the exponentially greater sums spent on foreign wars, occupations, bombings, and the vast array of weaponry and private contractors to support it all — is in response to this mammoth, existential, the-single-greatest-challenge-of-our-generation threat:

“The number of people worldwide who are killed by Muslim-type terrorists, Al Qaeda wannabes, is maybe a few hundred outside of war zones. It’s basically the same number of people who die drowning in the bathtub each year,” said John Mueller, an Ohio State University professor who has written extensively about the balance between threat and expenditures in fighting terrorism.

Last year, McClatchy characterized this threat in similar terms: “undoubtedly more American citizens died overseas from traffic accidents or intestinal illnesses than from terrorism.” The March, 2011, Harper’s Index expressed the point this way: “Number of American civilians who died worldwide in terrorist attacks last year: 8 — Minimum number who died after being struck by lightning: 29.” That’s the threat in the name of which a vast domestic Security State is constructed, wars and other attacks are and continue to be launched, and trillions of dollars are transferred to the private security and defense contracting industry at exactly the time that Americans — even as they face massive wealth inequality — are told that they must sacrifice basic economic security because of budgetary constraints.

Continue Reading

Thumbing Their Nose At The ‘Facts’

The Article: Republicans Against Science by Paul Krugman at the New York Times.

The Text: Jon Huntsman Jr., a former Utah governor and ambassador to China, isn’t a serious contender for the Republican presidential nomination. And that’s too bad, because Mr. Hunstman has been willing to say the unsayable about the G.O.P. — namely, that it is becoming the “anti-science party.” This is an enormously important development. And it should terrify us.

To see what Mr. Huntsman means, consider recent statements by the two men who actually are serious contenders for the G.O.P. nomination: Rick Perry and Mitt Romney.

Mr. Perry, the governor of Texas, recently made headlines by dismissing evolution as “just a theory,” one that has “got some gaps in it” — an observation that will come as news to the vast majority of biologists. But what really got peoples’ attention was what he said about climate change: “I think there are a substantial number of scientists who have manipulated data so that they will have dollars rolling into their projects. And I think we are seeing almost weekly, or even daily, scientists are coming forward and questioning the original idea that man-made global warming is what is causing the climate to change.”

That’s a remarkable statement — or maybe the right adjective is “vile.”

Continue Reading

Propagating Islamophobia In America

The Article: New Report Identifies Organizational Nexus of Islamophobia by Jim Lobe at Antiwar.

The Text: A small group of inter-connected foundations, think tanks, pundits, and bloggers is behind the 10-year-old campaign to promote fear of Islam and Muslims in the U.S., according to a major investigative report released here Friday by the Center for American Progress (CAP).

The 130-page report, “Fear, Inc.: The Roots of the Islamophobia Network in America,” identifies seven foundations that have quietly provided a total of more than 42 million dollars to key individuals and organizations that have spearheaded the nationwide effort between 2001 and 2009.

They include funders that have long been associated with the extreme right in the U.S., as well as several Jewish family foundations that have supported right-wing and settler groups in Israel.

The network also includes what the report calls “misinformation experts” – including Frank Gaffney of the Center for Security Policy (CSP), Daniel Pipes of the Philadelphia-based Middle East Forum (MEF), Steven Emerson of the Investigative Project on Terrorism, David Yerushalmi of the Society of Americans for National Existence, and Robert Spencer of Stop Islamization of America (SIOA) – who are often tapped by television news networks and right-wing radio talk shows to comment on Islam and the threat it allegedly poses to U.S. national security.

“Together, this core group of deeply intertwined individuals and organizations manufacture and exaggerate threats of ‘creeping Sharia’, Islamic domination of the West, and purported obligatory calls to violence against all non-Muslims by the Quran,” according to the report whose main author, Wajahat Ali, described the group as “the central nervous system of the Islamophobia network.”

Continue Reading

Is Another Financial Crisis Imminent?

The Article: Out of Control: The Destructive Power of the Financial Markets in Der Spiegel.

The Text: Speculators are betting against the euro, banks are taking incalculable risks and the markets are in turmoil. Three years after the Lehman Brothers bankruptcy, the financial industry has become a threat to the global economy again. Governments missed the chance to regulate the industry, and another crash is just a matter of time.

The enemy looks friendly and unpretentious. With his scuffed shoes and thinning gray hair, John Taylor resembles an elderly sociology professor. Books line the dark, floor-to-ceiling wooden shelves in his office in Manhattan, alongside a bust of Theodore Roosevelt and an antique telescope.

Taylor is the chairman and CEO of FX Concepts, a hedge fund that specializes in currency speculation. It’s the largest hedge fund of its kind worldwide, which is why Taylor is held partly responsible for the crash of the euro. Critics accuse Taylor and others like him of having exacerbated the government crisis in Greece and accelerated the collapse in Ireland.

People like Taylor are “like a pack of wolves” that seeks to tear entire countries to pieces, said Swedish Finance Minister Anders Borg. For that reason, they should be fought “without mercy,” French President Nicolas Sarkozy raged. Andrew Cuomo, the former attorney general and current governor of New York, once likened short-sellers to “looters after a hurricane.”

The German tabloid newspaper Bild sharply criticized Taylor on its website, writing: “This man is betting against the euro.” If that is what he is doing, he is certainly successful. While Greece is threatened with bankruptcy, Taylor is listed among the world’s 25 highest-paid hedge fund managers.

A well-read man, Taylor likes to philosophize about the Congress of Vienna and the Treaties of Rome. But is this man really out to speculate the euro to death? And does he have Greece on his conscience?

Taylor grimaces and sighs. He was expecting these questions. “The big problem is that in some cases these politicians are looking for the easy way out and want to blame somebody else and say speculators are taking Europe apart, taking the euro down and ruining the prosperity of our country,” he says, characterizing such charges against hedge fund managers as “nonsense.” “My capital isn’t the capital of the Rothschilds,” he says, insisting that he is working with the “capital of the people,” and that his goal is to protect and increase this capital. Taylor points out that no one from any of the German pension funds that invest their money with him has ever called him on the phone to tell him not to bet against the euro.

Markets Control Politicians

Taylor’s arguments echo those of everyone in the financial industry — the executives, the bankers and the big fund managers. They all insist that they are not responsible for the crisis in the euro zone and the turbulence in the financial markets, and that their actions are purely rational and in the interest of their investors.

The truth is that the financial markets are controlling the politicians. If Sarkozy interrupts his vacation, the markets interpret his sudden return as a sign that the situation there is worse than they thought — and promptly set their sights on the country. And if there is an argument between Italian Prime Minister Silvio Berlusconi and Finance Minister Giulio Tremonti, then the markets target Italy, because they doubt that the Italian government is serious about introducing austerity measures. The markets take advantage of every weakness and every rumor to speculate against one country after the next.

Continue Reading

A Political Spectrum Empty Of Economic Reflection

The Text: The Twilight of Meaning by John Michael Greer at The Archdruid Report.

The Article: This is not going to be an easy post to write, and I’m not at all sure it will be any easier to understand; I trust my readers will bear with me. I could begin it in any number of places, but the one that seems most important just now is the vestibule of the little public library six blocks away from my house. It’s a solid if unimaginative brick rectangle of Eighties vintage, one room not quite so full of books as it ought to be, another room in back for the librarians to work, a meeting space, restrooms, and a vestibule where books that are being discarded from the collection are shelved for sale.

That’s standard practice in most public libraries these days. If a book hasn’t been checked out for three years, or if it needs repairs and there isn’t a huge demand for it, it goes onto the sale shelf. Prices range from cheap to absurdly cheap; the sale doesn’t bring in a huge amount, but at a time of sparse and faltering budgets, every bit helps. The exception is children’s books, which aren’t for sale at all. They’re in a cart marked FREE, and if they don’t get taken in a month or so, they go into the trash, because there simply isn’t any demand for them. That was where, a few months ago, I spotted a copy of Kate Seredy’s 1938 Newberry Award winner The White Stag.

The vast majority of my readers will no doubt find the reference opaque. Still, back when I was a child—no, dinosaurs didn’t quite walk the earth back then, though it sometimes feels that way—winners of the Newberry Award, one of the two most prestigious US awards for children’s literature, still counted for quite a bit. Most libraries with a children’s collection of any size had the whole set, and most children’s librarians were enthusiastic about getting them into the hands of young readers. That’s not how I found The White Stag—I needed nobody’s encouragement to read, and Seredy’s compelling illustrations of galloping horsemen and magical beasts were well aimed to catch my eye—but find it I did, and that’s how medieval Hungarian legends about the coming of Attila the Hun wove their way permanently into the crawlspaces of my imagination.

Continue Reading