Published: Thursday 24 January 2013

 

On Tumblr I found a map which peaked my interest. A user had uploaded a map from AFP showing how different countries are involved in the war in Mali (other than France) including the EU, US, Germany, Belgium, Canada, UK, Italy and the UAE, among others. Of these countries, currently Nigeria (as shown by a Reuters picture) and Togo (according to Euro News) have troops on the ground. The French seem to be the main players in the war which I noted was imperialistic and violated international law. I also already knew that four governments (Israeli, Spanish, French and Ukrainian), the chairman of the German aerospace defense industry association, a French multimillionaire, the CEO of Daimler AG, the  CEO of Dassault Aviation, anti-gay multibillionaire named Serge Dassault, the CEO of the Boeing Company, the French company Panhard, and Virginia-based Geo-Eye Inc. are directly profiting from France’s share of the war. It seemed obvious why UK, Italy and Belgium would participate since they wanted to regain control of Africa, the same with the US which is engaging in the next imperial ‘scramble for Africa’.  As for Canada, EU, UAE, and Denmark, it seemed that these countries liked the spoil of war and wanted to follow along, supporting their allies ...

Published: Saturday 24 November 2012
“The US was on the verge of sinking into isolationist nationalism, reinforced, perhaps, by xenophobic sentiment.”

 

The newspaper commentaries that I write often have a dark perspective. Sadly, this one will be no different. But there are two pieces of good news that break through the gloom.

First, the global significance of US President Barack Obama’s reelection is clear: the world has escaped a disaster for international cooperation. The US was on the verge of sinking into isolationist nationalism, reinforced, perhaps, by xenophobic sentiment. Obama’s victory, despite America’s economic travails, clears the way for cooperation based on a sympathetic ear to others and on negotiations in which the US does not deny the legitimacy of a global public interest (as it has done, unfortunately, on the issue of climate change).

The other piece of good news concerns France, and thus is more “local,” but is crucially important nonetheless. Like everywhere else in the developed world, the global crisis has hit the French economy hard, with output stagnating, unemployment rising, job insecurity mounting, government debt soaring, and the stock market at risk of crashing. Manufacturing production has plummeted, the trade balance has deteriorated sharply, and corporate bankruptcies are increasingly frequent.

For six months, France has had new leadership – a new president, government, and parliament. But President François Hollande and his government were strangely inactive after the elections, limiting themselves to reducing the impact of unfair budget cuts and taxation reforms implemented by the previous government of Nicolas Sarkozy. Many began to wonder whether Hollande was aware of the scope of the crisis that the recent downturn might trigger.

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Published: Tuesday 13 November 2012
“Austerity opponents say the strike isn’t intended to grind down Europe’s already weakened economy, but to send a clear message to governments and the Troika that austerity cuts aren’t working to solve the debt crisis, but instead are worsening the problem.”

Austerity has spawned general strikes in individual countries across the troubled European Union. But this week may see something to add to the union’s tensions: a coordinated, multi-national mega-strike. Organized labor plans a general strike against the E.U.’s austerity policies, borderless and spanning the south of the continent. With more than 25 million people out of work, Europe’s biggest unions have vowed to lead marches and demonstrations on Nov. 14 that unite opposition parties, activist movements like Spain’s M15 and a growing sea of unemployed to challenge their national governments, banking leaders, the IMF and EU policymakers to abandon austerity cuts ahead of a high-stakes budgetmeeting in Brussels later this month.

What makes Wednesday’s strike even more threatening to Europe’s managerial elite is the strong support it is receiving from traditional labor groups that rarely send their members into the streets—foremost, among them, the European Trade Union Confederation, representing 85 labor organizations from 36 countries, and totaling some 60 million members. “We have never seen an international strike with unions across borders fighting for the same thing—it’s not just Spain, not just Portugal, it’s many countries demanding that we change our structure,” says Alberto Garzón, a Spanish congressman with the United Left party which holds 7% of seats in the Spanish Congress. “It’s important to understand this is a new form of protest.”

The strike is expected to cause near or total shutdowns of the ...

Published: Thursday 8 November 2012
Published: Wednesday 31 October 2012
“There is a long history of false reassurances in the environmental health world, including about many pesticides, fumigants, food dyes and preservatives.”

In less than two weeks, Californians will vote on Proposition 37, which would require labeling of food sold in California grocery stores if the food contains genetically engineered ingredients. Sixty-one other countries already have this requirement in place. You should not have to be a chemist, toxicologist or geneticist to have trust in your food.

There is a long history of false reassurances in the environmental health world, including about many pesticides, fumigants, food dyes and preservatives. The most outrageous manipulations of public trust were industry denials of hazards from tobacco, and the misinformation from the lead industry, which worked aggressively in opposition to the concerns of pediatricians and others about lead’s toxicity, especially to children. 

Genetically engineered foods have been on the U.S. market since the mid-1990s. Studies on short- or long-term health effects are hard to find since the FDA does not require them for market approval. The health effects of genetically engineered foods are still unclear.

One recent small study with rats in France that had a controversial finding is not sufficient evidence and should not change any voter’s opinion. But given the longstanding and repeated patterns of false reassurances in environmental health, it is only fair and prudent for people to be skeptical of safety claims, and have the right to know what they are being exposed to. 

People should have information about the presence of genetically engineered ingredients in their food both when there may be a benefit to the person eating (for example, rice used in poor countries that includes Vitamin A), and when there are benefits only to the producer.

In the US, we already have food labels showing nutrition, allergy information, and other facts that consumers want to know. This proposition would add information telling us if food is ...

Published: Tuesday 16 October 2012
Most European nuclear facilities do not meet even minimum security standards.

The so-called ‘stress tests’ on nuclear power plants in the European Union (EU) have confirmed environmental and energy activists’ worst fears: most European nuclear facilities do not meet minimum security standards.

The tests on 134 nuclear reactors operating in 14 EU member states were carried out in response to widespread concern among the public that an accident similar to the catastrophic meltdown of Japan’s Fukushima Daiichi nuclear power reactor in March 2011 could occur in Europe. According to the report, “EU citizens must… be confident that Europe’s nuclear industry is safe.”

But the findings of the report, released in Brussels on Oct. 4, suggest that, contrary to feeling safe, EU citizens have good reason to be afraid.

Only four countries “currently operate additional safety systems (e.g. ...

Published: Thursday 4 October 2012
Republicans will blame their defeat in November on the Fed’s monetary stimulus (if not on the ineffectiveness of Mitt Romney’s blunder-filled campaign).

James Carville, Bill Clinton’s chief campaign strategist in 1992, famously expressed a bit of established insider wisdom about winning elections: “It’s the economy, stupid.” Incumbents win if the economic outlook is rosy, and are vulnerable – as George H. W. Bush was – when times are hard. Indeed, throughout Europe – in France, Greece, Ireland, Portugal, Spain, and the United Kingdom – governments have been turned out of office in the face of a crisis that they have seemed unable to address.

By this standard, President Barack Obama should now be in a hopeless situation. According to United States Census data, household income fell in 2011 for the fourth consecutive year. Unemployment remains persistently high, despite the $787 billion stimulus package in 2009, and house prices, though recovering slowly, remain far below their pre-2008 peak.

And yet Obama seems likely to be reelected in November. One reason is that there is no reliable way to render an instant judgment about ...

Published: Sunday 23 September 2012
Published: Thursday 20 September 2012
“It is essential that not only are GMOs labeled around the world for public consumption, but ultimately banned.”

 

A new GMO study may very well change the way that the world looks at GMOs once and for all. Complete with shocking and very disturbing photos of rats with tumors larger than a golf ball in size, a new French GMO study has concluded that rats fed a lifelong diet consisting of Roundup-containing genetically modified corn suffered serious consequences. While the onset of tumors was the most obvious and damaging effect, the researchers reveal that the rats also received heavy amounts of damage to multiple organs.

As a result of the mass tumors, liver and kidney damage, it was concluded that around 50% of the males and 70% of the females died prematurely as a result of eating only Roundup tolerant seed or drinking water with Roundup as approved levels set by the United States government. In comparison, only 30% of males and 20% of females died prematurely while consuming traditional alternatives. The San Francisco Chronicle rightly states that the study ‘rocks the GMO debate’. NaturalNews, one of the first alternative news websites to report the study, explained just what this means for you and your family:

“This is the same corn that’s in ...

Published: Monday 17 September 2012
“Thanks to activism by French citizens and serious political outcry, Monsanto is now effectively blocked from Europe’s gigantic marketplace.”

 

In another massive victory against Monsanto and the spread of genetically modified crops, French Prime Minister Jean-Marc Ayraul has announced that the nation will be maintaining a key ban on the only remaining GMO currently allowed in Europe. Known as Monsanto’s GMO maize crops, or MON810 maize, the original ban was brought forth back in March following the French court’s previous annulment on a November ban.

Thanks to activism by French citizens and serious political outcry, Monsanto is now effectively blocked from Europe’s gigantic marketplace. This is even more true when you consider that France is the largest agricultural producer in Europe. This move by such a large and influential nation will surely lead to similar legislation throughout the rest of the globe. 

This decision comes in the face of emormous pressure from Monsanto to 'soften' its stance on GMOs (see first link). Monsanto has significant pull within governments around the globe, with the United States in particular being the ‘launch pad’ for the biotechnology movement. We now know thanks to WikiLeaks  that United States ambassadors have actually threatened nations opposed to Monsanto’s GMO maize crops, going as far as to threaten them with ‘military-style trade wars’. When considering that this is but one leak, it is very concerning.

France has thwarted the political preasure and led the charge against Monsanto, even finding Monsanto guilty of ‘chemical poisoning’ earlier this year. According to the ...

Published: Tuesday 4 September 2012
Published: Friday 31 August 2012
“For Tocqueville, the grab for centralized power by the absolutist Bourbon monarchs, followed by the French Revolution and Napoleon’s Empire, had destroyed the good with the bad in France’s neo-feudal order.”

 

When the French politician and moral philosopher Alexis de Tocqueville published the first volume of his Democracy in America in 1835, he did so because he thought that France was in big trouble and could learn much from America. So one can only wonder what he would have made of the Republican National Convention in Tampa, Florida.

 

For Tocqueville, the grab for centralized power by the absolutist Bourbon monarchs, followed by the French Revolution and Napoleon’s Empire, had destroyed the good with the bad in France’s neo-feudal order. Decades later, the new order was still in flux.

 

Follow Project Syndicate on Facebook or Twitter. For more from J. Bradford DeLong click here.

 

In Tocqueville’s imagination, at least, the old order’s subjects had been eager to protect their particular liberties and jealous of their spheres of independence. They understood that they were embedded in a web of obligations, powers, responsibilities, and privileges that was as large as France itself. Among the French of 1835, however, “the doctrine of self-interest” had produced “egotism…no less blind.” Having “destroyed an aristocracy,” the French were “inclined to survey its ruins with complacency.”

 

To the “sick” France of 1835, Tocqueville counterposed healthy America, where attachment to the idea that people should pursue their self-interest was no less strong, but was different. The difference, he thought, was that Americans understood that they could not ...

Published: Wednesday 1 August 2012
Published: Monday 30 July 2012
“Charter schools also can take money away from the public system, and their teachers have fewer years of experience and a higher turnover rate.”

 

The privatization of public goods and services turns basic human needs into products to buy and sell. That's more than a joke, it's an insult, it's a perversion. It generally benefits only a privileged group of businesspeople and their companies while increasing inequality and undermining the common good. 

 

Various studies have identified the 'benefits' of privatization as profitability and productivity, efficiency, wider share ownership and good investment returns. These are business benefits. More balanced studies consider the effects on average people, who have paid into a long-established societal support system for their schools and emergency services, water and transportation systems, and eventually health care and retirement benefits. These studies have concluded that: 

 

-- Privatization has generated large profits for new owners but these have not been shared with the general public. 

 

-- The potential benefits of privatization are often outweighed by high contracting costs and opportunism. 

 

-- Most

Published: Wednesday 25 July 2012
Published: Wednesday 25 July 2012
“Perhaps even more devastating is the rising suicide toll associated with the use of Monsanto’s seeds, with a farmer committing suicide every 30 minutes thanks in part due to GMO seeds.”

British scientists at the John Innes Center recently won a $10 million grant from the Gates Foundation. Where’s the money going? Not surprisingly, as Gates owns over 500,000 shares of Monsanto stock, the organization is putting even more money into genetically modified cereal crops (corn, wheat and rice, to name a few).

The pledge seems righteous at face value to some, but what the Gates Foundation failed to mention is that countries like Hungary, France, India, and Poland have battled GMOs because not only do GM seeds and pesticides decrease yields over time, but GM is bad news for farmers and consumers everywhere. Putting farmers in Africa in the pockets of the likes of Monsanto and other GM companies will only lead to crop monoculture, soil depletion, water contamination, pesticide-resistant insects, and a powerless local population of sick and impoverished farmers.

And this should be of no surprise to Bill Gates, who has openly stated that Monsanto’s GMOs are the ultimate ‘solution’ to world hunger yet continues to ignore the bounty of evidence showing that they do just the opposite — crushing soil yields and impoverishing local farmers.

Perhaps even more devastating is the rising suicide toll associated with the use of Monsanto’s seeds, with a farmer committing suicide every 30 minutes thanks in part due to GMO seeds.

Gates Foundation Ignores Fact that “GM is Failing to Deliver”

The John Innes Center’s aims include engineering crops capable of harnessing nitrogen from the air. Peas and beans do ...

Published: Thursday 19 July 2012
“From Picasso’s “Guernica” to Luis Iriondo Aurtenetxea’s self-portrait with his mother, to the efforts of Oier Plaza and his young friends, the power of art to turn swords into plowshares, to resist war, is perennially renewed.”

Seventy-five years ago, the Spanish town of Guernica was bombed into rubble. The brutal act propelled one of the world’s greatest artists into a three-week painting frenzy. Pablo Picasso’s “Guernica” starkly depicts the horrors of war, etched into the faces of the people and the animals on the 20-by-30-foot canvas. It would not prove to be the worst attack during the Spanish Civil War, but it became the most famous, through the power of art. The impact of the thousands of bombs dropped on Guernica, of the aircraft machine guns strafing civilians trying to flee the inferno, is still felt to this day—by the elderly survivors, who will eagerly share their vivid memories, as well as by Guernica’s youth, who are struggling to forge a future for their town out of its painful history.

The German Luftwaffe’s Condor Legion did the bombing at the request of Gen. Francisco Franco, who led a military rebellion against Spain’s democratically elected government. Franco enlisted the help of Adolf Hitler and Benito Mussolini, who were eager to practice modern techniques of warfare on the defenseless citizens of Spain. The bombing of Guernica was the first complete destruction by aerial bombardment of a civilian city in European history. While homes and shops were destroyed, several arms-manufacturing facilities, along with a key bridge and the rail line, were left intact.

Spry and alert at 89, Luis Iriondo Aurtenetxea sat down with me in the offices of Gernika Gogoratuz, which means “Remembering Gernika” in the Basque language. Basque is an ancient language and is ...

Published: Thursday 28 June 2012
“In an era of globalization, there are no innocent bystanders.”

In September 1998, during the depths of the Asian financial crisis, Alan Greenspan, the United States Federal Reserve’s chairman at the time, had a simple message: the US is not an oasis of prosperity in an otherwise struggling world. Greenspan’s point is even closer to the mark today than it was back then.

Yes, the US economy has been on a weak recovery trajectory over the past three years. But at least it’s a recovery, claim many – and therefore a source of ongoing resilience in an otherwise struggling developed world. Unlike the Great Recession of 2008-2009, today there is widespread hope that America has the capacity to stay the course and provide a backstop for the rest of the world in the midst of the euro crisis.

Think again. Since the first quarter of 2009, when the US economy was bottoming out after its worst postwar recession, exports have accounted for fully 41% of the subsequent rebound. That’s right: with the American consumer on ice in the aftermath of the biggest consumption binge in history, the US economy has drawn its sustenance disproportionately from foreign markets. With those markets now in trouble, the US could be quick to follow.

"Follow Project Syndicate on Facebook or Twitter. For more from Stephen S. Roach

Published: Saturday 23 June 2012
Published: Wednesday 20 June 2012
Back in April, a Brazilian court ruled that Monsanto absolutely was responsible for paying back the exorbitant amounts of cash back to the farmers, ordering the company to issue back all of the taxes collected since 2004 — a minimum of 2 billion dollars.

Monsanto may soon be forced to pay as much as 7.5 billion dollars back to the farmers who say that the mega corporation took their rightfully earned income and taxed their small businesses to financial shambles. It all started with a monumental lawsuit launched by over 5 million farmers against Monsanto looking to recover financial losses from ridiculous seed taxes that bankrupted many families.

Back in April, a Brazilian court ruled that Monsanto absolutely was responsible for paying back the exorbitant amounts of cash back to the farmers, ordering the company to issue back all of the taxes collected since 2004 — a minimum of 2 billion dollars. Afterwards, Monsanto appealed the decision and the case is now suspended until a further hearing is initiated by the Justice Tribune of the local court stationed in Rio Grande do Sul.

Recently, however, the Brazilian Supreme Court declared that any decision reached in a local court case should apply nationally. The result? Monsanto now faces even larger charges, due to the larger legal application on a national level. Now, the charges total or exceed 7.5 billion dollars.

“The values involved could total 15 billion reais ($7.5bn),” said the Superior Tribunal of Justice on its website.

Lawsuits and criminal charges continue to hit Monsanto, scratching away at the financial foundation of the agricultural behemoth. Monsanto has been found guilty of chemical poisoning in France after their weed killer product led to neurological problems, and the company has even dished out 

Published: Sunday 27 May 2012
“The United States spends more on our military than do China, Russia, Britain, France, Japan, and Germany put together.”

We can best honor those who have given their lives for this nation in combat by making sure our military might is proportional to what America needs.

The United States spends more on our military than do China, Russia, Britain, France, Japan, and Germany put together. 


With the withdrawal of troops from Afghanistan, the cost of fighting wars is projected to drop – but the “base” defense budget (the annual cost of paying troops and buying planes, ships, and tanks – not including the costs of actually fighting wars) is scheduled to rise. The base budget is already about 25 percent higher than it was a decade ago, adjusted for inflation. 


One big reason: It’s almost impossible to terminate large defense contracts. Defense contractors have cultivated sponsors on Capitol Hill and located their plants and facilities in politically important congressional districts. Lockheed Martin, Raytheon, and others have made spending on national defense into America’s biggest jobs program. 


So we keep spending billions on Cold War weapons systems like nuclear attack submarines, aircraft carriers, and manned combat fighters that pump up the bottom lines of defense contractors but have nothing to do with 21st-century combat. 


For example, the Pentagon says it wants to buy fewer F-35 joint strike fighter planes than had been planned – the single-engine fighter has been plagued by cost overruns and technical glitches – but the contractors and their friends on Capitol Hill promise a fight. 


The absence of a budget deal on Capitol Hill is supposed to trigger an automatic across-the-board ten-year cut in the defense budget of nearly $500 billion, starting January.

 

But Republicans have vowed to restore the cuts. The House Republican budget cuts everything else — yet brings defense spending back up. Mitt ...

Published: Thursday 24 May 2012
“It appears the reason for the unprecedented move to maintain Monsanto’s deeply-rooted foothold in France has to do with the fact that the United States and other nations are continually pushing Monsanto’s agenda — even going as far as to threaten military-styled trade wars to those who oppose the company.”

Just after France legislators and officials moved to ban Monsanto’s genetically modified strain of GMO maize over environmental and health concerns, the European Union has decided to step in and re-secure Monsanto’s presence in the country — against the very will of the nation itself. This should come as no surprise when considering the fact that the United States ambassador to France, a business partner to George W. Bush, stated back in 2007 that nations who did not accept Monsanto’s GMO crops will be ‘penalized’. In fact, ambassador Craig Stapleton went as far as to say that the nations should be threatened with military-styled trade wars.

That’s right, it appears the reason for the unprecedented move to maintain Monsanto’s deeply-rooted foothold in France has to do with the fact that the United States and other nations are continually pushing Monsanto’s agenda — even going as far as to threaten military-styled trade wars to those who oppose the company. Monsanto has major connections with political heads that have actually threatened trade wars against nations opposed to GMOs on record. As I reported back in January, WikiLeaks cables surfaced revealing startling information concerning Monsanto’s deep involvement with back-end politics.

One of the most telling details involves a statement made by Craig Stapleton, in which he said:

READ FULL POST 19 COMMENTS

Published: Thursday 24 May 2012
Fearful that the U.S. and the other members of the so-called P5+1 will strike an interim accord with Tehran under which it would agree to limit its uranium enrichment to five percent, neo-conservatives and other hawks argued that Iran should instead be forced to comply with a 2006 U.N. Security resolution calling for it to stop enriching altogether.

As at least two days of talks on the future of Iran's nuclear program got underway in Baghdad Wednesday, neo-conservatives and other hawks escalated their campaign against any compromise agreement, particularly one that would permit Tehran to continue enriching uranium on its territory.

Fearful that the U.S. and the other members of the so-called P5+1 (Britain, France, Russia, China, plus Germany) will strike an interim accord with Tehran under which it would agree to limit its uranium enrichment to five percent, they argued that Iran should instead be forced to comply with a 2006 U.N. Security resolution calling for it to stop enriching altogether – a position that most Iran experts here believe is certain to kill any prospect for progress. 

"Given the Iranian regime's long-standing pattern of deceptive and illicit conduct, we believe that it cannot be trusted to maintain enrichment or reprocessing activities on its territory for the foreseeable future – at least until the international community has been fully convinced that Iran has decided to abandon any nuclear- weapons ambitions," wrote three prominent pro-Israel senators in the Wall Street Journal Thursday. 

"We are very far from that point," according to Republican Sens. John McCain and Lindsay Graham and independent Democrat Joseph Lieberman, the so-called "Three Amigos", who often travel overseas together and have long argued that U.S. military action will likely be the only way to prevent Tehran from acquiring nuclear weapons. 

At the same time, two fellows at the Foundation for the Defense of Democracies (FDD) published an op-ed in the Washington Post warning against any agreement by the P5+1 that would permit Iran to enrich uranium up to five percent on its own territory rather than suspend all enrichment indefinitely. 

Such a deal, according to FDD's executive director Mark Dubowitz and former ...

Published: Tuesday 22 May 2012
“The German philosopher Jürgen Habermas speaks of a ‘transformational reality’ – a complex word for a simple reality: divided we fall, whereas united, in our own complex manner, we may strive for ‘greatness’ in the best sense.”

The euro, many now believe, will not survive a failed political class in Greece or escalating levels of unemployment in Spain: just wait another few months, they say, the European Union’s irresistible collapse has started.

Dark prophecies are often wrong, but they may also become self-fulfilling. Let’s be honest: playing Cassandra nowadays is not only tempting in a media world where “good news is no news”; it actually seems more justified than ever. For the EU, the situation has never appeared more serious.

 

It is precisely at this critical moment that it is essential to re-inject hope and, above all, common sense into the equation. So here are ten good reasons to believe in Europe – ten rational arguments to convince pessimistic analysts, and worried investors alike, that it is highly premature to bury the euro and the EU altogether.

 

The first reason for hope is that statesmanship is returning to Europe, even if in homeopathic doses. It is too early to predict the impact of François Hollande’s election as President of France. But, in Italy, one man, Mario Monti, is already making a difference.

Follow Project Syndicate on Twitter and FacebookClick here to see more from Dominique Moisi.

Of course, no one elected Monti, and his position is fragile and already ...

Published: Saturday 19 May 2012
“White-collar criminologist and former senior financial regulator William Black addresses the grassroots reaction to austerity measures in Europe.”

White-collar criminologist and former senior financial regulator William Black addresses the grassroots reaction to austerity measures in Europe -- from the "Indignados" movement in Spain to the anti-bailout elections in France and Greece -- as well as in the United States, where the Occupy movement is re-emerging as the presidential campaign gets into full gear. 

Transcript

AMY GOODMAN: Now, William Black, I wanted to end by asking you quickly about the economic crisis in Europe. In Spain, over 100,000 people took part in anti-austerity rallies Sunday. In Greece, anti-bailout parties won the nation’s recent election. And in France, François Hollande was sworn in today as France’s new president, becoming the first French Socialist in power since the ’90s. He recently said his enemy was the world of finance.

FRANÇOIS HOLLANDE: [translated] My real enemy doesn’t have a name or a face or a party. He’ll never run as president, and so he’ll never be elected, although he does govern. My enemy is the world of finance.

AMY 

Published: Saturday 19 May 2012
“The idea of a financial transaction tax has existed since the 1930s, when leading economist John Maynard Keynes was a popular driver of the tax.”

The march is part of the Robin Hood Tax global week of action taking place from May 18 to May 22 in the wake of the G8 Summit at Camp David, which began this Friday. Activists around the world are lobbying for this global financial transactions tax, supported by a range of United Nations (U.N.) human rights experts, including Olivier De Schutter, the U.N. Special Rapporteur on the right to food, . 

 


In the United States, unions, think tanks and groups that focus on the environment, international health, consumer protection and financial reform lobby for "Wall Street to give back to Main Street", as a website in support of the Robin Hood Tax says. The idea of a financial transaction tax has existed since the 1930s, when leading economist John Maynard Keynes was a popular driver of the tax. 


"After the bank bailout, the government now needs a lot of money to deal with a huge budget deficit and to help meet the USA’s commitments on aid and climate finance," the website adds. 


A financial transactions tax (FTT) would affect the purchase and sale of stocks, bonds, commodities, unit trusts, mutual funds and derivatives such as futures and options. The tax would generate revenues needed to pay for and protect global public goods like education, health and the environment, with a number of variations having been proposed of how high the tax should be. 


One of the most prominent ideas is a tax rate of .1 percent on equities and bonds and .01 percent on derivatives. 


Estimates suggest that at its lowest rate, the FTT would yield about 48 billion U.S. dollars across the group of countries known as the G20, with higher rates offering up to 250 billion U.S. dollars per year to offset the costs of the enduring economic, financial, fuel, climate and food ...

Published: Monday 7 May 2012
“The proper sequence is for government to keep spending until jobs and growth are restored, and only then to take out the budget axe.”

Who’s an economy for? Voters in France and Greece have made it clear it’s not for the bond traders.

Referring to his own electoral woes, Prime Minister David Cameron wrote Monday in an article in the conservative Daily Telegraph: “When people think about the economy they don’t see it through the dry numbers of the deficit figures, trade balances or inflation forecasts — but instead the things that make the difference between a life that’s worth living and a daily grind that drags them down.”

Cameron, whose own economic policies have worsened the daily grind dragging down most Brits, may be sobered by what happened over the weekend in France and Greece – as well as his own poll numbers. Britain’s conservatives have been taking a beating.

In truth, the choice isn’t simply between budget-cutting austerity, on the one hand, and growth and jobs on the other.

It’s really a question of timing. And it’s the same issue on this side of the pond. If government slices spending too early, when unemployment is high and growth is slowing, it makes the debt situation far worse.

That’s because public spending is a critical component of total demand. If demand is already lagging, spending cuts further slow the economy – and thereby increase the size of the public debt relative to the size of the overall economy.

You end up with the worst of both worlds – a growing ratio of debt to the gross domestic product, coupled with high unemployment and a public that’s furious about losing safety nets when they’re most needed.

The proper sequence is for government to keep spending until jobs and growth are restored, and only then to take out the budget axe.

If Hollande’s new government pushes Angela Merkel in this direction, he’ll end up saving the euro and, ironically, the jobs of many conservative leaders throughout Europe ...

Published: Tuesday 1 May 2012
Published: Wednesday 25 April 2012
“Brazil’s construction industry has historically had a reputation of paying low wages and offering precarious working conditions.”

In Grenoble, France, there is a 40-metre-long scale model of the Jirau dam that is being built in Brazil’s Amazon jungle. The exact replica of the project makes is possible to foresee and analyze possible risks, such as the heavy flow of sediment in the Madeira River.

 

But "the model does not take people into account," which is why it did not help anticipate the workers’ uprisings and strikes against poor working conditions that have twice held up construction for lengthy periods of time since 2011, said Ari Ott, a professor of anthropology at the Federal University of Rondônia in Porto Velho, who describes the dam as "an engineering marvel."

 

Jirau is one of the two big hydroelectric complexes under construction on the Madeira River in the northwestern Brazilian state of Rondônia. Jirau is 130 km from Porto Velho, the state capital, while the Santo Antônio dam is just seven km outside of the city.

 

In the revolt that broke out in March 2011, apparently after a worker was denied transportation to visit a sick family member in the city, nearly all of the lodgings built to house the 16,000 workers were burnt down, along with other buildings and 60 buses and other vehicles.

 

The uprising gave rise to a lengthy strike demanding wage hikes, better transportation, and more frequent permits allowing workers from distant areas to visit home.

 

Work on the dam only gradually got under way again three months later.

 

On Apr. 3, protesters once again set fire to one-third of the housing at Jirau, leaving some 3,200 workers without lodging.

 

But this time, a small group of workers, described as vandals by the company and the government, were identified and arrest warrants were issued for 24 suspects.

 

The new attack on the installations occurred after an assembly in which the Jirau workers decided to ...

Published: Saturday 24 March 2012
Published: Monday 19 March 2012
“The conservative victory most noted in the United States was the rise to power of David Cameron, the British prime minister feted at the White House last week.”

A crisis of capitalism is supposed to create an opening for the political left. But in Europe, the place where the concept of left and right was born, political conservatives have won the bulk of the elections held since economic catastrophe struck in 2008.

Is this about to change?

The conservative victory most noted in the United States was the rise to power of David Cameron, the British prime minister feted at the White House last week. The Conservatives won only a plurality of the parliamentary seats against the Labor Party in the 2010 elections. But they drove Labor to its worst showing since 1983 and were able to put together a coalition government with the center-left Liberal Democrats. Cameron has gotten good press in the United States, even from liberals who wish the American right would follow Cameron’s moderate and modernizing ways.

Cameron’s was not a singular victory. German Chancellor Angela Merkel’s Christian Democrats were reelected in 2009, and the center-right also prevailed in recent voting in Spain, Portugal, the Netherlands — and Sweden, the very heartland of social democracy.

The question is whether 2012 will mark a comeback by a left invigorated by a growing unhappiness with rising economic inequalities and a backlash against austerity policies aimed at saving Europe’s common currency.

The biggest test will come in two rounds of voting on April 22 and May 6 in France, where center-right President Nicolas Sarkozy has been trailing Francois Hollande, a moderate Socialist.

The French election has already presaged a new trans-European ...

Published: Saturday 25 February 2012
“When activist behavior reveals so clearly the injustice of the state, it results in a loss of the state’s legitimacy.”

Occupy Wall Street is similar to many movements in contending that its opponent—for Occupy, the 1 percent—is maintaining a system whose structural, systematic violence far exceeds any violence exhibited by the movement itself. For example, movements will say that class oppression or sexism or racism hurt people in the daily course of life, pointing to statistics like each percentage point of unemployment resulting in increased suicide, homicide and domestic abuse. However, especially when the movement is still young and only beginning to get its message out, the powers that be in politics and the media will often succeed in dismissing such charges and in blaming every appearance of violence on the campaigners. Reversing this narrative in the public perception is one of a growing movement’s most important challenges.

For nearly a year, for example, the Syrian government has been sending its tanks to kill demonstrators while claiming that the violence mainly comes from the pro-democracy forces. The Russian government publicly agrees. The reason why defenders of oppression the world over charge activists with violence—even if they have to make it up—is because it’s a potent accusation. The oppressor doesn’t want the “violence” label to stick to its own side. Those who presently are undecided or passive might move to support the campaigners because they don’t want to support “violence.”

In some circumstances, although not all, who wins the struggle depends on who most believably asserts that the other side is violent. Occupy Wall Street ...

Published: Saturday 18 February 2012
If Tehran accedes to certain requests that it denied the delegation in its last visit, confidence will be enhanced, U.S. officials said.

After weeks of rapidly escalating tensions, particularly between Israel and Iran, signs emerged this week both here and in Tehran that serious negotiations over Tehran's controversial nuclear program may soon get underway.

The most concrete step was a long-awaited positive RSVP from Iran's top nuclear negotiator, Saeed Jalali, to an invitation extended last October by European Union foreign policy chief Catherine Ashton to meet with the P5+1 (the U.S., Britain, France, China, Russia, and Germany) for a new round of talks.

"We voice our readiness for dialogue on a spectrum of various issues, which can provide grounds for constructive and forward-looking co- operation," Jalali wrote in his letter.

In response, both Secretary of State Hillary Clinton and Ashton herself emerged from a meeting here Friday expressing cautious optimism about prospects for a resumption of negotiations, which have been effectively suspended for more than a year.

"…(W)e think this is an important step and we welcome the letter," Clinton told reporters, adding that Jalili's letter "appeared to acknowledge and accept" a Western condition that Iran has previously resisted: that any talks "begin with a discussion of (Iran's) nuclear program".

A formal response by the P5+1, whose members are still consulting with each other, may not, however, be forthcoming until after the scheduled visit next week by a high-level delegation from the International Atomic Energy Agency (IAEA), the second in the past month. If Tehran accedes to certain requests that it denied the delegation in its last visit, confidence will be enhanced, U.S. officials said.

The latest developments come after several months of escalating tensions, the most recent spiral of which began in late December with the adoption of "crippling" sanctions by Washington and the EU and threats by some Iranian officials to close the ...

Published: Wednesday 1 February 2012
Clinton rejected comparisons to Libya, calling Syria a unique situation, and said a transition from Assad’s rule could occur without “dismantling the state.”

Secretary of State Hillary Clinton led a high-wattage diplomatic push Tuesday to persuade the U.N. Security Council to endorse an Arab plan for Syrian President Bashar Assad to step down, but she couldn't break the steadfast objections of Russia and China.

As fighting between government and opposition forces continued on the outskirts of the Syrian capital, Damascus, Clinton said that a failure by the Security Council to respond would mean being "complicit in the continuing violence," which was approaching a civil war.

Clinton, the foreign ministers of Britain and France, and Arab allies appeared at the United Nations to back a draft resolution that calls for Assad to resign within two months, a halt to the violence and beginning a process of political transition. The draft also calls for the release of detainees and for Syria to allow outside observers into the country, including journalists.

"The alternative — spurning the Arab League, abandoning the Syrian people, emboldening the dictator — would compound this tragedy and would mark a failure of our shared responsibility and shake the credibility of the United Nations Security Council," Clinton said.

The Obama administration and its allies are pushing for the Security Council to approve the resolution swiftly, and ...

Published: Monday 30 January 2012
“An excessive cut in public spending in the current circumstances can lead to a contraction in growth, which is already happening: the International Monetary Fund now projects that the eurozone will shrink by 0.5% in 2012.”

It is now increasingly clear that what started in late 2008 is no ordinary economic slump. Almost four years after the beginning of the crisis, developed economies have not managed a sustainable recovery, and even the better-off countries reveal signs of weakness. Faced with the certainty of a double-dip recession, Europe’s difficulties are daunting.

Not only is Europe running the risk of lasting economic damage; high long-term unemployment and popular discontent threaten to weaken permanently the cohesiveness of its social fabric. And, politically, there is a real danger that citizens will stop trusting institutions, both national and European, and be tempted by populist appeals, as in the past.

Europe must avoid this scenario at all costs. Economic growth must be the priority, for only growth will put people back to work and repay Europe’s debts.

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Published: Saturday 21 January 2012
The Taliban claimed responsibility for the attack, as they often do in such instances, though it isn't always clear that the Islamist insurgent group has indeed infiltrated the Afghan security forces.

The killings of four French troops Friday by an Afghan soldier they were training has renewed concerns — a decade into the training mission — that Afghans are growing increasingly disdainful of the U.S.-led coalition forces ostensibly there to help them and are striking back.

The American military has conceded that troop deaths at the hands of Afghans have climbed in the last six months but has refused to release statistics. The Pentagon hasn't suggested any renewed security measures for American troops training their Afghan counterparts, a cornerstone of the U.S. strategy to end its combat mission in Afghanistan by 2014.

"We believe that they do appear to be increasing in frequency in recent months. What we can't discern is a cause for that," Navy Capt. John Kirby, a Pentagon spokesman, said Friday.

"We're certainly concerned about these incidents, and officials are taking a look at it," he said. "But we also don't believe that this is an endemic or systemic problem. The great majority of partnered operations, and frankly most of our operations are partnered, are done successfully, smoothly, efficiently."

Coalition partners appear more concerned. The French suspended their mission in Afghanistan on Friday after the deaths of their soldiers and ...

Published: Wednesday 18 January 2012
The three men are Nizar Sassi, now 31, Mourad Benchellali, now 30, and Khaled Ben Mustapha, now 40.

A French judge is seeking U.S. permission to visit the prison camps here to investigate claims by former French inmates that they were tortured, the Associated Press reported from Paris on Tuesday.

The AP reported that it saw a formal international request from investigating judge Sophie Clement to U.S. authorities to see the prison here that Tuesday held 171 captives, none of them French citizens. Clement also seeks copies of all documents relating to the arrest and transfer of three Frenchmen who were held there.

The three men are Nizar Sassi, now 31, Mourad Benchellali, now 30, and Khaled Ben Mustapha, now 40. They were arrested on the Afghanistan-Pakistan border in late 2001 and transferred to Guantánamo. They were sent back to France in 2004 and 2005, held for a time for trial there, but then released.

The men told the judge during questioning in France that they were subject to violence including torture and rape during their detention.

At Guantánamo, a Pentagon spokesman, Army Lt. Col. Todd Breasseale said it was not immediately known whether U.S. officials had received the request.

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Published: Wednesday 28 December 2011
“For the troubled economies to revive, the recent agreements on austerity must be supplemented by significant debt haircuts.”

Europe’s sovereign-debt crisis has rumbled on for so long that some people are beginning to take it for granted that eurozone leaders can continue to stumble from one non-solution to the next without risk of cataclysm. But if any troubled southern European economy fails to roll over its debt in the coming months, the resulting contagion will spread quickly from the eurozone throughout the global financial system, with consequences far more grave than what followed Lehman Brothers’ collapse in September 2008.

Despite the new agreement reached at the European Union’s summit in December, strengthening financial markets’ confidence in the eurozone remains an elusive goal. In the aftermath of the summit, the euro’s exchange rate sank to its lowest level of the year (around $1.30), while yields on Italian five-year bonds hit a new high (almost 6.5%). In France, Socialist presidential candidate François Hollande flatly declared that the latest agreement “is not the right answer,” ...

Published: Monday 12 December 2011
“At two critical moments in the past, a British ‘no’ had a decisive impact on European monetary developments.”

At the just-concluded European Union summit, British Prime Minister David Cameron vented decades of accumulated resentment stemming from his country’s relationship with Europe. Europeans were appalled at how the last-minute injection of finicky points about bank regulation could stymie what was supposed to be a breakthrough agreement on the regulation of EU countries’ budgets. Cameron’s supporters in Britain cheered and portrayed him as a new Winston Churchill, standing up to the threat of a vicious continental tyrant.

The United Kingdom’s view of Europe has always been both emotional and ambiguous. A Conservative government wanted to join the European Economic Community in the early 1960’s, but was rejected by French President Charles de Gaulle. The General mocked the British ambition with a rendition of Edith Piaf’s song about an English aristocrat left out on the street, “Ne pleurez pas, Milord.” In the end, Britain came in from the cold, but British leaders always felt that they were not quite welcome in the European fold.

At two critical moments in the past, a British “no” had a decisive impact on European monetary developments. In 1978, German Chancellor Helmut Schmidt and French President Valéry Giscard d’Estaing proposed an exchange-rate arrangement – the European Monetary System (EMS) – to restore stable exchange rates in Europe. Initially, the Germans and the French negotiated trilaterally, with the UK, in meetings that were slow, cumbersome, and unproductive.

In fact, the talks were sabotaged by British Prime Minister James Callaghan, who started conferring with US President Jimmy Carter about the challenge that the European plan posed to the United States, and how the Anglo-Saxons could respond to the continental threat. As he put it, according to the transcript of one of the phone calls, “with the strength of the German economy, it could be ...

Published: Saturday 3 December 2011
“Crisis is often invoked as the midwife of revolutionary change, and here are Greece, Italy, Spain and even France at various levels of crisis, with political orthodoxy and the normal order of things increasingly discredited.”

It looks as though the eurozone may be in a decisive meltdown, which is just fine in my book. The sooner we get back to francs, lire, punts, drachmas and the rest of the old sovereign currencies, the better.

It used to be as much a part of going to France to change money and be handed a bundle of notes featuring the devious Cardinal Richelieu as choking on Gauloise smoke. Instead, those francs are now replaced by the characterless but somehow always expensive euros.

The argument against the eurozone is that hard-faced Euro-bankers — their killer instincts honed at Goldman Sachs, Wall Street's School of the Americas — have the power to act as the bully-boys of international capital and impose austerity regimes from Dublin to Athens, scalping the poor to bail out the rich.

Now the end of the eurozone does not mean the end of the European Union. They're different. There are 17 nations in the former, 27 in the latter. Britain, for example, has never been in the eurozone, which is why the currency exchange in London will, in return for your worthless dollars, hand you bank notes with the Queen's portrait on them.

At the moment, the European Union has virtually no tax collecting powers. Its annual haul is about 1 percent of the EUs gross domestic product. By comparison, the U.S. government collects about 20 to 24 percent of GDP.

Throughout the entire Eurocrisis, there has been a basso profundo chorus from the Eurocrats that what's needed is a lot more centralizing. In the words of Wolfgang Munchau at the Financial Times on Nov. 28, the EU needs "a fiscal union": "This would involve a partial loss of national sovereignty, and the creation of a credible institutional framework to deal with fiscal policy, and hopefully wider economic policy issues as well."

I've read many editorial paragraphs with this same bullying timbre — that what the whole European enterprise needs is an ...

Published: Saturday 12 November 2011
“Just as healthy domestic economies are the best guarantor of an open world economy, healthy domestic policies are the best guarantor of a stable international order.”

As if the economic ramifications of a full-blown Greek default were not terrifying enough, the political consequences could be far worse. A chaotic eurozone breakup would cause irreparable damage to the European integration project, the central pillar of Europe’s political stability since World War II. It would destabilize not only the highly-indebted European periphery, but also core countries like France and Germany, which have been the architects of that project.

The nightmare scenario would also be a 1930’s-style victory for political extremism. Fascism, Nazism, and communism were children of a backlash against globalization that had been building since the end of the nineteenth century, feeding on the anxieties of groups that felt disenfranchised and threatened by expanding market forces and cosmopolitan elites.

Free trade and the gold standard had required downplaying domestic priorities such as social reform, nation-building, and cultural reassertion. Economic crisis and the failure of international cooperation undermined not only globalization, but also the ...

Published: Thursday 27 October 2011
“The Catholic Church has for many years raised objections to the patterns of globalization, concentration of wealth and economic equality that have encouraged the massive redistribution of wealth upward that has made the rich richer, the poor poorer and the middle class more vulnerable than at any time in generations.”

 

The Catholic Church has for many years raised objections to the patterns of globalization, concentration of wealth and economic equality that have encouraged the massive redistribution of wealth upward that has made the rich richer, the poor poorer and the middle class more vulnerable than at any time in generations.

And, now, as the Occupy Wall Street movement raises the issue of economic inequality, the church is stepping up with a proposal to begin to address the extreme injustice of a system that taxes working people for necessities but allows speculators to avoid even the most basic responsibilities.

On the eve of the G-20 leaders, the Pontifical Council for Justice and Peace has endorsed a series of reforms to the global economic financial and monetary systems that features as its centerpiece the development of a financial transactions tax.

From the note on financial reform from the Pontifical Council:

Specific attention should be paid to the reform of the international monetary system and, in particular, the commitment to create ...

Published: Wednesday 24 August 2011
“Too often, politicians and pundits refer to non-Muslim terrorists as just being “deranged.”

Too many Americans think the term "terrorism" only applies to Muslims. Christians, Jews, atheists, agnostics, Unitarians, or Quakers who commit unspeakable acts of horror often aren't deemed to be real terrorists.

Consider what happened after right-wing Norwegian gunman Anders Breivik killed 77 people in July. The first response from the U.S. corporate press to this savage bloodshed, including Washington Post blogger and columnist Jennifer Rubin, was that he must be a Muslim, maybe one affiliated with the al-Qaeda terrorist network. When that assumption proved false, he quickly became just another deranged young man.

Why do so many of us only worry about Muslims? For starters, there's a lot of oil, gas, and other high-value resources in the Middle East, Central Asia, and North Africa, right where many Muslims reside.

In the old days, Western powers simply went in and took whatever they wanted. There was no United Nations or world press to demand fair play. The great battles of the day were among those powers themselves, rather than with the natives who got trampled, colonized, and enslaved. For many years, the big struggles were between colonial powers like Britain, Spain, and France. For much of the 20th century, the Soviet Union duked it out with the United States.

Times have changed. False conscience has intruded. Beginning around World War II, countries were supposed to have a good reason before invading or occupying other nations. The United States, currently a lone superpower, has become saddled with the bothersome task of finding excuses for attacking these oil-bearing lands, at least those whose leaders we haven't already bought off.

Paramount among the excuses for invasion is "terrorism." We used it to justify our wars with Iraq and Afghanistan, with Iran potentially coming down the pike.

The more Washington can equate terror with the residents of those countries, ...

Published: Sunday 31 July 2011
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