Month: November 2010

Source: The Real News Network

Leo Panitch: US created financial crisis and European banks turned the Irish Miracle into a nightmare

Leo Panitch is the Canada Research Chair in Comparative Political Economy and a Distinguished Research Professor of Political Science at York University in Toronto. Panitch is also the author of “Global Capitalism and American Empire” and his most recent release “American Empire and the Political Economy of International Finance”.

Source: Yes Magazine

In a historic vote, the City of Pittsburgh today adopted a first-in-the-nation ordinance banning corporations from natural gas drilling in the city.

Faced with the potential for drilling—and the controversial new practice known as “fracking” or hydraulic fracturing—within city limits, the Pittsburgh City Council unanimously said “no.” Fracking means injecting water laced with sand and toxic chemicals underground to create deep ground explosions that release the gas. It’s a technique first tried in Texas, and which is now being used in Pennsylvania, where the Marcellus Shale geological formation, a source of natural gas, is buried over a mile down. The Marcellus Shale stretches from New York, through Pennsylvania, into Ohio and West Virginia. read more

Source: Common Dreams

Common Dreams originally published this Chalmers Johnson article on September 30, 2001, just 3 weeks after the 9/11 attacks. Chalmers died on November 20 at age 79. His voice will be missed.

One of the objectives of terrorism is to provoke the ruling elites of a target regime into disastrous overreaction. When it works, as it has in Israel over the past year, the results can be devastating for all sides. Who does this ultimately benefit? The terrorists.

Carlos Marighella, the Brazilian guerrilla leader whose writings influenced political terrorists in the 1960s and 1970s, explained why. If the government can be provoked into a military response to terrorism, he wrote, this will alienate the masses, causing them to “revolt against the army and the police and blame them for this state of things.” read more