Friday, 10 July 2009


Obama’s Rollback Strategy

Honduras, Iran, Pakistan, Afghanistan (and the Boomerang Effect)

By James Petras

The recent events in Honduras and Iran, which pit democratically elected regimes against pro-US military and civilian actors intent on overthrowing them can best be understood as part of a larger White House strategy designed to rollback the gains achieved by opposition government and movements during the Bush years. Continue


China: Xinjiang Crisis Deepens

By John Chan

So far no world leader has publicly condemned the massive crackdown by Chinese security forces in Urumqi or challenged Beijing’s claim that its heavily-armed troops are there to maintain social order and prevent further ethnic conflict. Continue


Ousted Honduran President Manuel Zelaya Discusses Coup, Costa Rica Talks

By Democracy Now! - Audio and Transcript

Zelaya said he is seeking the resignation of the interim Honduran government within 24 hours. He emphasized he was in Costa Rica for talks but not for negotiations with the forces that ousted him. Citing widespread international support Zelaya added that he expects to be shortly reinstated as president. Continue


Are Our Markets Being Manipulated By "Rogues" Or Firms?

By Danny Schechter

There’s New Evidence to Suggest that Crime In The Financial Markets is Rife. Continue


The Great American Bubble Machine 

By Matt Taibbi

All that money that you're losing, it's going somewhere, and in both a literal and a figurative sense, Goldman Sachs is where it's going: The bank is a huge, highly sophisticated engine for converting the useful, deployed wealth of society into the least useful, most wasteful and insoluble substance on Earth - pure profit for rich individuals. Continue