Published: Tuesday 11 December 2012
One can easily get the impression that the US Senate lets no good deed (or idea) go unpunished.

 

December 4, 2012.  Mark this date on your calendar.  The somber day the U.S. Senate voted down the Convention on Rights of Persons with Disabilities, a treaty designed to extend the same rights disabled Americans already have to the rest of the world.  The treaty fell five votes short of the two-thirds majority required for ratification because the extremists who now control the House Republican caucus hate the United Nations.

The headline in the Yakima Herald said it all: “Senate vote a profile in cowardice”.   If that's how it looks to folks in Yakima, imagine how it looks to people in Yakutsk (that's right, Putin's Russia ratified the treaty in September).  Or to the 114 nations that have ratified this treaty, including the United Kingdom, France, Germany, and the European Union.

Who cares how it looks to the outside world?  That's frequently the first question the anti-UN  globophobics ask of "bleeding-heart liberals" dumb enough to believe it matters what the rest of the world think of us.  The fact that the UN is made in America (rare these days), that it's located in New York City (within spitting distance of Wall Street), and that the US has a veto in the Security Council (one of 5 Permanent Members thusly privileged) is irrelevant.

With an original roster of 51 member-states, the UN today is a place where ambassadors representing 192 nations of the world meet and talk.  Irrelevant.

It's specialized agencies do all kinds of good in the world in quiet ways (think ...

Published: Tuesday 20 November 2012
The United States is a leader in the technological development of killer robots, while several other countries, including China, Germany, Israel, South Korea, Russia, and the United Kingdom have also been involved.

The predator drone – an unmanned aerial vehicle (UAV) – is one of the relatively new lethal weapons used by the United States for targeted killings of suspected terrorists, particularly in Pakistan, Afghanistan, Yemen and Somalia.

And since it is unmanned and remotely controlled, the drone does not risk the lives of U.S. soldiers.

But the weapon has increasingly come under fire because of the collateral damage in the spillover killings of innocent civilians, including women and children.

On Monday, a report jointly published by Human Rights Watch (HRW) and Harvard Law School’s International Human Rights Clinic (IHRC) has warned of an even more deadly weapon: killer robots.

Described as fully autonomous, these weapons will have the capability to select and fire on targets without human intervention in future wars.

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Published: Monday 19 November 2012
Published: Friday 16 November 2012
“The appointment of Alice Paul as the Congressional Committee chair of the National American Woman Suffrage Association (NAWSA) at the organization’s December 1912 convention in Philadelphia turned out to be this kind of catalyzing step.”

 

Turning points are easier to recognize long after they’ve occurred than while they’re taking place. One of those shifts happened 100 years ago next month, setting in motion a dramatic strategy to achieve a goal first set 70 years before at the historic Seneca Falls Convention for women’s equality: passing a constitutional amendment establishing the right of women to vote. Along the way this new direction would galvanize public opinion, provoke a brutal backlash from the government — including “the night of terror” that took place 95 years ago today, November 15, 1917 — and prompt a transformation of political thinking that cleared the way for the passage of the 19th Amendment in 1920.

The appointment of Alice Paul as the Congressional Committee chair of the National American Woman Suffrage Association (NAWSA) at the organization’s December 1912 convention in Philadelphia turned out to be this kind of catalyzing step. It revived a debate in the movement about how the goal of voting rights would be met — and it opened the door to the use of electrifying nonviolent action as a key to mobilizing the people power needed to dislodge an ancient plank of patriarchy. A century later we still have much to learn from this relentless agent for social change.

NAWSA, with its roots in the universal suffrage movement that began in the 1860s, focused on lobbying state governments as a path to voting rights. Paul, by contrast, believed — as did the earliest proponents of women’s rights in the U.S., including Susan B. Anthony and Elizabeth Cady Stanton — that the surest route was passing an amendment to the U.S. Constitution. Immediately after becoming committee chairwoman, Paul pursued this direction by pouring her energy into organizing highly visible, public ...

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: Monday 5 November 2012
“Existing political/economic structures that serve not the people are in decay, a new world order based on universal principles of goodness: justice, equality, unity and freedom Is the call of many around the world.”

 

Living at this time is to bear witness to a world in acute turmoil Noam Chomsky describes the current climate, saying, “we are living in an era of irrationality, deception, confusion, anger, and unfocused fear an ominous combination, with few precedents.” Existing political/economic structures that serve not the people are in decay, a new world order based on universal principles of goodness: justice, equality, unity and freedom Is the call of many around the world.  

 

“Human beings are members of a whole, in creation of one essence and soul. If one member is afflicted with pain, other members uneasy will remain.” These startling words spoken not by a Greek philosopher or renowned Indian spiritual Master were uttered by President Mahmoud Ahmadinejad of Iran during his final address to the General Assembly of the United Nations (UN) on 26th September.

 

Free from the usual confrontational rhetoric and overflowing with uncharacteristic inspiring language the message, whilst open to criticism and shouts of hypocrisy is beyond political clichés and, consonant with an army of reasonable voices calling for change throughout the world. The content is remarkable, indeed one wonders from whence such a stream of righteousness arose – out of the blue it seems. Love was repeatedly spoken of, the ‘L’ word being mentioned no less than 13 times, justice was repeated 15 times and peace 12 in his half hour an hour at the podium. 

 

A poetical rant from an unpredictable, and among many at home and abroad unpopular politician approaching the home straight to be dismissed, or something more significant and in tune with the times. The speaker as stunned as the listener, giving voice to a unifying vision of change that on many counts has the ring of truth about it would ...

Published: Friday 26 October 2012
“The United States isn't immune from contagion if Romney and Ryan enact a full-blown austerity program.”

 

At last Monday's debate Mitt Romney said the United States is "heading toward Greece." That remark was filled with bitter ironies, not the least of which is the fact that the world's current economic miseries were triggered by financial speculators like Romney himself. And while Romney says his harsh economic policies are designed to reduce the national debt, we now have proof they'll have the opposite effect.

Austerity makes victims pay for other people's crimes. And the lesson of Europe confirms what we always suspected: It's not just morally wrong. It's self-defeating.

Nations like Greece aren't just wracked with sky-high unemployment, endangered by full-scale depression, and experiencing the first throes of social disintegration. They're also struggling with soaring debt. That why even the International Monetary Fund, hardly a bastion of leftist dissidence, has turned against Romney-style austerity.

The United States isn't immune from contagion if Romney and Ryan enact a full-blown austerity program. The riot-torn streets and malarial villages of Greece could become our nation's future.

Austerity Increases Debt

Two stories seemed to tell a contradictory story this week. One said that European countries like Greece were "closing their spending gap," while another said that their overall debt was soaring.

Here's how that happens: When a country's economy is collapsing from within, investors don't feel ...

Published: Sunday 21 October 2012
No doubt this mood will pass when growth revives, as it is bound to. Nevertheless, a deeper shift in attitude toward growth has occurred, which is likely to make it a less important lodestar in the future – especially in rich countries.

The king of Bhutan wants to make us all happier. Governments, he says, should aim to maximize their people’s Gross National Happiness rather than their Gross National Product. Does this new emphasis on happiness represent a shift or just a passing fad?

It is easy to see why governments should de-emphasize economic growth when it is proving so elusive. The euro zone is not expected to grow at all this year. The British economy is contracting. Greece’s economy has been shrinking for years. Even China is expected to slow down. Why not give up growth and enjoy what we have?

Follow Project Syndicate on Facebook or Twitter. For more from Robert Skidelsky, click here.

No doubt this mood will pass when growth revives, as it is bound to. Nevertheless, a deeper shift in attitude toward growth has occurred, which is likely to make it a less important lodestar in the future – especially in rich countries.

The first factor to undermine the pursuit of growth was concern about its sustainability. Can we continue growing at the old rate without endangering our future?

When people started talking about the “natural” limits to growth in the 1970’s, they meant the impending exhaustion of food and non-renewable natural resources. Recently the debate has shifted to carbon emissions. As the 

Published: Saturday 20 October 2012
The backscatters, as the X-ray scanners are known, were swapped out at Boston Logan International Airport in early October.

 

The Transportation Security Administration has been quietly removing its X-ray body scanners from major airports over the last few weeks and replacing them with machines that radiation experts believe are safer.

The TSA says it made the decision not because of safety concerns but to speed up checkpoints at busier airports. It means, though, that far fewer passengers will be exposed to radiation because the X-ray scanners are being moved to smaller airports.

The backscatters, as the X-ray scanners are known, were swapped out at Boston Logan International Airport in early October. Similar replacements have occurred at Los Angeles International Airport, Chicago O'Hare, Orlando and John F. Kennedy in New York, the TSA confirmed Thursday.

The X-ray scanners have faced a barrage of criticism since the TSA began rolling them out nationwide after the failed underwear bombing on Christmas Day 2009. One reason is that they emit a small dose of ionizing radiation, which at higher levels has been linked to cancer.

In addition, privacy advocates decried that the machines produce images, albeit heavily blurred, of passengers' naked bodies. Each image must be reviewed by a TSA officer, slowing security lines.

The replacement machines, known as millimeter-wave scanners, rely on low-energy radio waves similar to those used in cell phones. The machines detect potential threats automatically and quickly using a computer program. They display a generic cartoon image of a person's body, mitigating privacy concerns.

"They're not all being replaced," TSA spokesman David Castelveter said. "It's being done strategically. We are replacing some of the older ...

Published: Thursday 11 October 2012
Will we really do better by imitating the United Kingdom and other nations where those policies have already failed?

 

Unemployment is still too high, income is still too low and the recovery is still much too slow — but the United States is faring considerably better than other developed nations against the threat of a renewed recession.

Don’t believe it? Maybe you should stop listening to the right-wing propaganda machine, which has been trash talking the U.S. recovery ever since Barack Obama's inauguration, and start paying attention to economic analysts who know what they're talking about — and provide hard data to back up their findings.

They provide a hard, factual, real-world context for our often-absurd political debate, especially as the presidential election approaches.

Every few months, a fresh report appears showing that the U.S. recovery is continuing and even strengthening, despite stagnation and austerity in Europe that drag down the entire global economy. Last June, the Organization for Economic Cooperation and Development noted that the U.S. recovery was gaining momentum, in contrast to its weak trading partners, despite continuing problems in housing and construction and its report praised the Obama administration's policy initiatives on employment, the budget and taxation.

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Published: Thursday 4 October 2012
If owning-class volunteers aren’t stepping forward in our movements, then movements need to learn how to support the visionaries wherever we find them.

 

One of the saddest things to watch is dedicated people in education and human services burn themselves out for lack of a winning strategy.

In the U.S. “playing defense” has dominated liberals and centrists since Ronald Reagan became President. Canadians started that disastrous policy more recently. This summer, I learned that in the United Kingdom the British have joined the defensive trend, along with too many places on the continent.

On its face, anyone who’s ever played checkers can see what’s gone wrong for advocates of public education, health care and other services. Gandhi said it long ago: you can’t win until you go on the offensive.

The strategy of the right wing is to put the left on the defensive by using every opportunity to cut the budget. In Reagan’s day it was the so-called necessity of buying missiles to prevent the Soviets from invading. Under George W. Bush we heard the arbitrary claim that Amtrak should pay its way, while in Canada at the same time there was a similar claim for the postal service. A long time ago the strategy of the U.S. auto industry was to buy public transit companies, cut the service and therefore force frustrated riders to buy a car.

Now we are told (in Canada, the U.K. and the U.S.) that the 2007-08 economic crisis has left our nations poor, although the 1 percent has never been ...

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: Tuesday 2 October 2012
There are currently an estimated 25,000 prisoners imprisoned in supermax facilities. They are disproportionately Muslims and people of color.

The decision by the European Court of Human Rights last week to refuse to block the extradition of the radical Muslim cleric Abu Hamza al-Masri and four others to the United States on terrorism charges removes one of the last external checks on our emerging gulag state.

Masri and the four others, all held in British jails, will soon join hundreds of other Muslims tried in Article III federal courts in the United States over the last decade. Fair trials are unlikely. A disturbing pattern of gross infringements on basic civil liberties, put in place in the name of national security, has poisoned our legal system. These infringements include intrusive surveillance, vague material support charges, the use of prolonged pretrial solitary confinement, classified evidence that the accused cannot review, and the use of political activities, normally protected under the First Amendment, to demonstrate mind-set and intent. Muslims caught up in the Article III courts are denied the opportunity to confront their accusers and to have their religious and political associations protected, and they rarely find a judge courageous enough to protect their rights. These violations of fundamental civil liberties will not, in the end, be reserved exclusively for Muslims once the corporate state feels ...

Published: Wednesday 26 September 2012
“For example, while many countries are facing a jobs crisis, one part of the capitalist world is doing just fine: northern Europe, including Germany, the Netherlands, and Scandinavia.”

In many of history’s most successful economic reforms, clever countries have learned from the policy successes of others, adapting them to local conditions. In the long history of economic development, eighteenth-century Britain learned from Holland; early nineteenth-century Prussia learned from Britain and France; mid-nineteenth-century Meiji Japan learned from Germany; post-World War II Europe learned from the United States; and Deng Xiaoping’s China learned from Japan.

 

Through a process of institutional borrowing and creative adaptation, successful economic institutions and cutting-edge technologies spread around the world, and thereby boost global growth. Today, too, there are some great opportunities for this kind of “policy arbitrage,” if more countries would only take the time to learn from other countries’ successes.

 

Follow Project Syndicate on Facebook or Twitter. For more from Jeffery D. Sachs, click here.

 

For example, while many countries are facing a jobs crisis, one part of the capitalist world is doing just fine: northern Europe, including Germany, the Netherlands, and Scandinavia. Germany’s unemployment rate this past summer was around 5.5%, and its youth unemployment rate was around 8% – remarkably low compared with many other high-income economies.

 

How do northern Europeans do it? All of them use active labor market policies, including flex time, school-to-work apprenticeships (especially Germany), and extensive job training and ...

Published: Monday 24 September 2012
Published: Sunday 23 September 2012
“The American public provided hundreds of billions to bailout Wall Street during the global fiscal crisis yet bore the brunt of the crisis with lost jobs and reduced household wealth.”

Almost 30 nations have some form of a financial transaction tax and the U.S. had a similar tax from 1914 until 1966. The United Kingdom has had a tax on stock trades for decades – the same rate proposed in HR 6411 – and their volume of trading has grown robustly. Supporters of a form of financial transactions tax include business leaders such as Microsoft founder Bill Gates, Dallas Mavericks’ owner Mark Cuban, and Berkshire Hathaway chairman and CEO Warren Buffet.

The American public provided hundreds of billions to bailout Wall Street during the global fiscal crisis yet bore the brunt of the crisis with lost jobs and reduced household wealth. This is a phenomenally wealthy nation, yet our tax and regulatory system allowed the financial titans to amass great riches while impoverishing the systems that enable inclusive prosperity. A financial transaction tax protects our financial markets from speculation and provides the revenue needed to invest in the education, health and communities of the American people.

These funds could be used to strengthen America’s families, communities and economy by supporting state and federal investments that improve our health, rebuild our crumbling physical infrastructure, and create good jobs.

Because stock and bond markets are computerized adding a tax would be easy to track and enforce and tough to evade. The tax also would make high frequency trading unprofitable, which could reduce the excess speculation on commodities like food and gasoline that has caused their prices to escalate.

Published: Wednesday 12 September 2012
“It’s probably not fair to blame Mr. Bowles for the poor performance of the companies he serves as a director. Directors usually just attend a 4-6 meetings a year and rarely play any role in actually running the company.”

Erskine Bowles is widely known in Washington policy circles as a co-chair of President Obama’s deficit commission, along with former Senator Alan Simpson. The report that he and Simpson co-authored is widely held up as the basis for a grand bargain on the deficit.

This report has riled many people across the political spectrum in part because of its cuts to Social Security, the most immediate of which is a reduction in the annual cost of living adjustment (COLA) for Social Security. The reduced COLA would amount to a benefit cut of close to 3.0 percent for a typical retired worker. Since the median income for households of people over age 65 is just $31,000, this would be a big hit to a segment of the population that is already struggling.

By contrast, in their quest for every possible source of savings, Bowles and Simpson seem to have never seriously considered a financial speculation tax that would hit the country’s badly bloated financial sector. The United Kingdom has imposed taxes on its financial sector for centuries, and much of the European Union is considering a tax that could go into effect as early as next year. A tax comparable to the one that the UK has on stock trades applied to all financial assets could raise close to $1.5 trillion over the course of a decade.

There is evidence that a bloated financial sector is a serious drag on growth, pulling resources away from productive segments of the economy. In addition, the finance sector is also where many of the highest earners get their income.

This means that a tax on the financial speculation could be a real win/win/win. It could ...

Published: Wednesday 5 September 2012
Published: Sunday 26 August 2012
“A June survey of 500 senior financial services executives in the United States and Britain turned up stunning results.”

Money laundering. Price fixing. Bid rigging. Securities fraud. Talking about the mob? No, unfortunately. Wall Street.

These days, the business sections of newspapers read like rap sheets. GE Capital, JPMorgan Chase, UBS, Wells Fargo and Bank of America tied to a bid-rigging scheme to bilk cities and towns out of interest earnings. ING DirectHSBC and Standard Chartered Bank facing charges of money laundering. Barclays caught manipulating a key interest rate, costing savers and investors dearly, with a raft of other big banks also under investigation. Not to speak of the unprecedented wrongdoing that precipitated the financial crisis of 2008.

Evidence gathered by the 

Published: Thursday 23 August 2012
An interview with Hamja Ahsan and Aviva Stahl.

On April 10, 2012, the European Court of Human Rights (ECHR) issued judgement in the case ofBabar Ahmad and Others v The United Kingdom, thereby making a landmark ruling on the legitimacy of solitary confinement, extreme isolation and life without parole in US supermax prisons (view ECHR press release and ruling). The ECHR denied the appeal filed jointly by six appellants, consisting of four British nationals (Babar Ahmad, Haroon Rashid Aswat, Syed Talha Ahsan, and Mustafa Kamal Mustafa—aka Abu Hamza), an Egyptian national (Adel Abdul Bary) and a Saudi Arabian national (Khaled Al-Fawwaz) who have been imprisoned in the United Kingdom, pending extradition to the United States for alleged terrorism-related activities.

This judgement is now being appealed to the ECHR’s Grand Chamber, with a decision expected in September regarding whether or not the appeal will be heard. Arguing against their extradition to the US, the six appellants have asserted that the risk of imprisonment in the United States (with specific citation of long-term isolation at the notorious federal prison in Colorado, ADX Florence—also the subject of both a June Senate Hearing and a recent civil rights lawsuit initiated by prisoners alleging human rights violations there) would breach their right under Article 3 of the European Convention on Human Rights not to "be subjected to torture or to inhuman or degrading treatment or punishment." Ruling against the appellants, the ECHR argued in their April 10 ruling that ...

Published: Sunday 19 August 2012
Published: Sunday 12 August 2012
Clearly the millions of people who won nonviolently had not taken an ethical stand against ever using violence, as pacifists do; they simply invented a strategy that worked.

In July I participated in an all-Britain Peace News camp in which we discussed, among other things, the idea of diversity of tactics. I was a little surprised when my fellow panelists wanted to turn it into a conversation about pacifism and whether violence can ever be justified.

Although I’m a pacifist, I didn’t get their point. Most people who participate in nonviolent campaigns aren’t pacifists; they choose nonviolent action strategically, because it increases their chance of winning. In Oman during the Arab Awakening, for example, the campaign began nonviolently but soon detoured into violence. The movement stopped, regrouped, began again nonviolently and won their objectives. Had the majority of Omanis somehow become pacifists? Of course not; they simply applied a sensible strategy.

Thanks to the work of political scientists Erica Chenoweth and Maria Stephan, we now know that, between 1900 and 2006, when mass movements tried to overthrow their regimes, they doubled their chances of winning by choosing nonviolent struggle. Clearly the millions of people who won nonviolently had not taken an ethical stand against ever using violence, as pacifists do; they simply invented a strategy that worked.

For me, therefore, the question before us is whether diversity of tactics makes sense at this time in struggles against the economic and political dominance of the 1 percent in the United Kingdom — or, for that matter, in the United States.

Violent tactics in Tahrir Square

The question becomes clearer when we compare our situation with the 2011 uprising in Egypt, when alongside the massive use of nonviolent action there was also the use of injurious force against people, as well as property destruction.

Published: Friday 3 August 2012
“While students of revolution need to pay attention to trends in legitimacy, another key question is this: Can the present leadership solve the biggest problems facing society?”

 

I’ve been traveling in Norway and the United Kingdom these past four weeks, talking with activists, academics, and ordinary people.  Everyone who looks about them sees a world in flux.  The extraordinary Arab Awakening is still on people’s minds, and they’re wondering where the spirit of revolution might strike next.  Where else besides North Africa and the Middle East might a revolutionary situation be brewing?

I see no signs of a revolutionary situation in Norway.  Students of revolution keep an eye on the perceived legitimacy of a nation’s leadership, and Norwegians are enormously confident that their little ship in a big global sea is being steered well.  The Labor Party continues to govern, as it has for most of the time since World War II.  Since 2005 it has been in coalition with the Center (Agrarian) Party and the Socialist Left, which seems to be a stable partnership.

Labor Prime Minister Jens Stoltenberg brags that his party won the last two elections by promising not to lower taxes!  That’s the mark of a people satisfied they are getting their money’s worth.

The government is promising more than it’s delivering in terms of response to climate change, but Norway isn’t suffering much from the threat so far and most people are largely satisfied with the pace of change in energy policies — a satisfaction that environmental radicals, however, don’t share.

The United Kingdom is a different story.  The legitimacy of the nation’s leadership is definitely in trouble.  The mass media shout the stories of the irresponsibility of the 1 percent and the politicians they corrupt.  The government is a coalition of Conservatives and Liberal Democrats and is enthusiastic about enforcing austerity, running down the National Health Service and education system, forcing English university students to pay more for what ...

Published: Thursday 2 August 2012
“On the trip’s final leg, the world saw the most unattractive side of the Romney campaign, when the traveling press secretary loudly told reporters to “kiss my ass” and “shove it,” in a display of the attitude that trickles down from the top.”

 

If Mitt Romney's purpose in traveling abroad this summer was to prove his credentials as a potential world leader, the verdict is mixed at best. Neither his tendency to utter bizarre insults nor his shallow, ideological approach to policy inspired much confidence, although he managed to garner support from Israel's right-wing prime minister and an eccentric former leader in Poland. (Our allies in the United Kingdom may never want to hear from him again.)

On the trip's final leg, the world saw the most unattractive side of the Romney campaign, when the traveling press secretary loudly told reporters to “kiss my ass” and “shove it,” in a display of the attitude that trickles down from the top.

Contempt toward the press is an important aspect of this attitude. For most of the campaign so far, Romney has pursued a media strategy that has become increasingly typical of Republican presidential candidates: Speak with Fox News, and avoid the rest of the  READ FULL POST 11 COMMENTS

Published: Tuesday 31 July 2012
A Message Written in Blood That No One Wants to Hear

 

Imagine for a moment that almost once a week for the last six months somebody somewhere in this country had burst, well-armed, into a movie theater showing a superhero film and fired into the audience. That would get your attention, wouldn’t it? James Holmes times 21?  It would dominate the news.  We would certainly be consulting experts, trying to make sense of the pattern, groping for explanations. And what if the same thing had also happened almost once every two weeks in 2011? Imagine the shock, imagine the reaction here.

Well, the equivalent has happened in Afghanistan (minus, of course, the superhero movies).  It even has a name: green-on-blue violence. In 2012 -- and twice last week -- Afghan soldiers, policemen, or security guards, largely in units being trained or mentored by the U.S. or its NATO allies, have turned their guns on those mentors, the people who are funding, supporting, and teaching them, and pulled the trigger. 

It’s already happened at least 21 times in this half-year, resulting in 30 American and European deaths, a 

Published: Tuesday 24 July 2012
“This year is not the first time that Olympic sponsors have come under scrutiny. In 2008, human rights activists called for a boycott to end sponsorship of McDonald’s and other restaurants.”

As the 2012 London Olympics gears up to open on Jul. 27, criticism of the longstanding partnership between the Games and sponsor McDonald’s has stolen a small portion of the limelight.

 

It’s not only civil society activists protesting the fast food giant this year, but local politicians.

 

“London won the right to host the 2012 Games with the promise to deliver a legacy of more active, healthier children across the world,” the Green Party’s Jenny Jones, who recently proposed a motion to exclude McDonald’s, Coca-Coca-Cola and others from the Games, told the 25-member Labor-dominated London Assembly.

 

”Yet the same International Olympic Committee that awarded the games to London persists in maintaining sponsorship deals with the purveyors of high-calorie junk that contributes to the threat of an obesity epidemic.”

 

The McDonald’s marketing strategy means that investment in sporting education goes hand in hand with the sale of low-priced, high-calorie fast food. In the UK, the company is offering up to 117,000 dollars to local football clubs.

 

“McDonald’s anticipated the criticism around its junk food 30 to 40 years ago. It spent those decades building a structure and good will to deflect criticism about the health impact of its products,” Sara Deon of Corporate Accountability International told IPS, highlighting McDonald’s sponsorship of the Games as a clear example of this.

 

McDonald’s has been an official sponsor of the Olympics since 1976. The company recently had its contract extended by the International Olympic Committee (IOC) to 2020.

 

Coca-Cola has also been a partner of the games since 1926. According to Benjamin Seeley of the International Olympic Committee, the company “sponsors more than 250 physical activity and nutrition education ...

Published: Monday 23 July 2012
“The first scholarly edition of Magna Carta was published by the eminent jurist William Blackstone.”

 

Down the road only a few generations, the millennium of Magna Carta, one of the great events in the establishment of civil and human rights, will arrive.  Whether it will be celebrated, mourned, or ignored is not at all clear.

That should be a matter of serious immediate concern.  What we do right now, or fail to do, will determine what kind of world will greet that event.  It is not an attractive prospect if present tendencies persist -- not least, because the Great Charter is being shredded before our eyes.

The first scholarly edition of Magna Carta was published by the eminent jurist William Blackstone.  It was not an easy task.  There was no good text available.  As he wrote, “the body of the charter has been unfortunately gnawn by rats” -- a comment that carries grim symbolism today, as we take up the task the rats left unfinished.

Blackstone’s edition actually includes two charters.  It was entitled The Great Charter and the Charter of the Forest.  The first, the Charter of Liberties, is widely recognized to be the foundation of the fundamental rights of the English-speaking peoples -- or as Winston Churchill put it more expansively, “the charter of every self-respecting man at any time in any land.” Churchill was referring specifically to the reaffirmation of the Charter by Parliament in the Petition of Right, imploring King Charles to recognize that the law is sovereign, not the King.  Charles agreed briefly, but soon violated his pledge, setting the stage for the murderous Civil War.

After a bitter conflict between King and Parliament, the power of royalty in the person of Charles II was restored.  In defeat, Magna Carta was not forgotten.  One of the leaders of Parliament, Henry Vane, was beheaded.  On the scaffold, he tried to read a speech denouncing the ...

Published: Saturday 21 July 2012
“In 2013, as transfer payments are phased out, however gradually, and as some tax cuts are allowed to expire, disposable income growth and consumption growth will slow.”

 

While the risk of a disorderly crisis in the eurozone is well recognized, a more sanguine view of the United States has prevailed. For the last three years, the consensus has been that the US economy was on the verge of a robust and self-sustaining recovery that would restore above-potential growth. That turned out to be wrong, as a painful process of balance-sheet deleveraging – reflecting excessive private-sector debt, and then its carryover to the public sector – implies that the recovery will remain, at best, below-trend for many years to come.

 

Even this year, the consensus got it wrong, expecting a recovery to above-trend  annual GDP growth – faster than 3%. But the first-half growth rate looks set to come in closer to 1.5% at best, even below 2011’s dismal 1.7%. And now, after getting the first half of 2012 wrong, many are repeating the fairy tale that a combination of lower oil prices, rising auto sales, recovering house prices, and a resurgence of US manufacturing will boost growth in the second half of the year and fuel above-potential growth by 2013.

 

Follow Project Syndicate on Facebook or Twitter. For more from Nouriel Roubini, click here.

 

The reality is the opposite: for several reasons, growth will slow further in the second half of 2012 and be even lower in 2013 – close to stall speed. First, growth in the second quarter has decelerated from a mediocre 1.8% in January-March, as job creation – averaging 70,000 a month – fell sharply.

 

Published: Thursday 19 July 2012
“Pro-cyclical fiscal policy worsens the dangers of overheating, inflation, and asset bubbles during booms, and exacerbates output and employment losses during recessions, thereby magnifying the swings of the business cycle.”

The world’s advanced economies remain divided over whether to strengthen budget balances in the short term or to use fiscal policy to promote recovery. Those worried about the short-run contractionary effects on the economy call the first option “austerity”; those concerned about long-term sustainability and moral hazard call it “discipline.”

Either way, the debate is akin to asking whether it is better for a driver to turn left or right; depending on where the car is, either choice might be appropriate. Likewise, when an economy is booming, the government should run a budget surplus; when it is in recession, the government should run a deficit.

To be sure, Keynesian macroeconomic policy lost its luster mainly because politicians often failed to time countercyclical fiscal policy – “fine tuning” – properly. Sometimes fiscal stimulus would kick in after the recession was already over. But that is no reason to follow a destabilizing pro-cyclical fiscal policy, which piles spending increases and tax cuts on top of booms, and cuts spending and raises taxes in response to downturns.

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Published: Thursday 19 July 2012
Girls’ and women’s access to contraceptives is both a right and a transformational health and development priority.

 

Improving family planning to avoid unwanted pregnancies in developing countries, as well as assuring girls’ access to education, and women’s participation in the economy, are essential components of a sound development policy, according to Western experts and African activists.

During a summit on family planning in London last week numerous economic development experts, government delegates from industrialised and developing countries, and private donors agreed to raise some 4.3 billion dollars by 2020 to allow 120 million women and girls in the world’s poorest countries, particularly in the continent of Africa, to access contraceptives and other family planning materials.

The summit underscored the importance of girls’ and women’s access to contraceptives as both a right and a transformational health and development priority.

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Published: Monday 16 July 2012
“The last thing the banks want is a rise in interest rates that would drive down the values of their holdings and reveal large losses masked by rigged interest rates.”

 

According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefitted from borrowing at these low rates. Whereas this is true, it also strikes us as simplistic and as a diversion from the deeper, darker scandal.

 

Banks are not the only beneficiaries of lower Libor rates. Debtors (and investors) whose floating or variable rate loans are pegged in some way to Libor also benefit. One could argue that by fixing the rate low, the banks were cheating themselves out of interest income, because the effect of the low Libor rate is to lower the interest rate on customer loans, such as variable rate mortgages that banks possess in their portfolios. But the banks did not fix the Libor rate with their customers in mind. Instead, the fixed Libor rate enabled them to improve their balance sheets, as well as help to perpetuate the regime of low interest rates. The last thing the banks want is a rise in interest rates that would drive down the values of their holdings and reveal large losses masked by rigged interest rates.

 

Indicative of greater deceit and a larger scandal than simply borrowing from one another at lower rates, banks gained far more from the rise in the prices, or higher evaluations of floating rate financial instruments (such as CDOs), that resulted from lower Libor rates. As prices of debt instruments all tend to move in the same direction, and in the opposite direction from interest rates (low interest rates mean high bond prices, and vice versa), the effect of lower Libor rates is to prop up the prices of bonds, asset-backed financial instruments, and other "securities." The end result is that the banks' balance sheets look healthier than they ...

Published: Wednesday 11 July 2012
“Scientists can’t blame any single weather event on global warming, but they can assess how climate change has altered the odds of such events happening, Tom Peterson of the National Oceanic and Atmospheric Administration told reporters in a briefing.”

Last year brought a record heat wave to Texas, massive floods in Bangkok and an unusually warm November in England. How much has global warming boosted the chances of events like that?

Quite a lot in Texas and England, but apparently not at all in Bangkok, say new analyses released Tuesday.

Scientists can't blame any single weather event on global warming, but they can assess how climate change has altered the odds of such events happening, Tom Peterson of the National Oceanic and Atmospheric Administration told reporters in a briefing. He's an editor of a report that includes the analyses published by the Bulletin of the American Meteorological Society.

In the Texas analysis, researchers at Oregon State University and in England noted that the state suffered through record heat last year. It happened during a La Nina weather pattern, the flip side of El Nino. Caused by the cooling of the central Pacific Ocean, La Nina generally cools global temperatures but would be expected to make the southern United States warmer and drier than usual. But beyond that, the scientists wondered, would global warming affect the chances of such an event happening?

To find out, they studied computer ...

Published: Thursday 5 July 2012
“The U.S. news media have a critical role to play in educating the public about climate change.”

 

Evidence supporting the existence of climate change is pummeling the United States this summer, from the mountain wildfires of Colorado to the recent “derecho” storm that left at least 23 dead and 1.4 million people without power from Illinois to Virginia. The phrase “extreme weather” flashes across television screens from coast to coast, but its connection to climate change is consistently ignored, if not outright mocked. If our news media, including—or especially—the meteorologists, continue to ignore the essential link between extreme weather and climate change, then we as a nation, the greatest per capita polluters on the planet, may not act in time to avert even greater catastrophe.

More than 2,000 heat records were broken last week around the U.S. The National Oceanic and Atmospheric Administration (NOAA), the government agency that tracks the data, reported that the spring of 2012 “marked the largest temperature departure from average of any season on record for the contiguous United States.” These record temperatures in May, NOAA says, “have been so dramatically different that they establish a new ‘neighborhood’ apart from the historical year-to-date temperatures.”

In Colorado, at least seven major wildfires are burning at the time of this writing. The Waldo Canyon fire in Colorado Springs destroyed 347 homes and killed at least two people. The High Park fire farther north burned 259 homes and killed one. While officially “contained” now, that fire won’t go out, according to Colorado’s Office of Emergency ...

Published: Tuesday 3 July 2012
“However because the folks in Washington are so dependent on Wall Street money, it is more likely that they will be looking to target the benefits of people struggling to get by on their $1,100 a month Social Security checks.”

 

As the presidential election builds up steam, the Washington elites in both parties are actively scheming to find ways to cut Social Security and Medicare benefits for retired workers. The media have widely reported on efforts to slip through a version of the deficit reduction plan developed by Morgan Stanley director Erskine Bowles and former senator Alan Simpson. Since the vast majority of voters across the political spectrum reject cuts to these programs, the Washington insiders hope to spring this one on us after the election, when the public will have no say.

That is the sort of anti-democratic behavior we expect from elites who naturally want to protect their own interests. Of course the rest of us are more concerned about the well-being of the country as a whole rather than the preserving the wealth of the richest 1 percent.

For the 99 percent there are much better ways of dealing with whatever deficit problems may arise down the road. Most obviously, insofar as we need more revenue we can look to tax the sort of financial speculation through which the Wall Street gang makes its fortunes. A very small tax on trades of stocks, options, credit default swaps and other derivative instruments could raise a vast amount of money.

The Joint Tax Committee of Congress estimated that a tax of just 0.03 percent on each trade, as proposed by Senator Tom Harkin and Representative Peter DeFazio, would raise more than $350 billion over the first nine years that it 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: Wednesday 27 June 2012
Published: Thursday 14 June 2012
Published: Saturday 9 June 2012
Trials begin Monday for the activists, including retired Episcopal Bishop George Packard, other clergy members and Jack Boyle, an HIV-positive man who is refusing food or medication unless all charges are unconditionally dropped.

 

Jesuit priest and war resister Daniel Berrigan, soft-spoken but still eloquent at 91, and journalist Chris Hedges joined members of Occupy Wall Street and Occupy Faith at Zuccotti Park on Thursday morning. They gathered to sing, pray and denounce the continued determination of Trinity Church, an Episcopal parish, to cooperate with the prosecution of OWS protesters.

The cases stem from trespassing arrests on December 17 of last year at Duarte Square, a plot of land which Trinity Church claims ownership over at Canal Street and Sixth Avenue. Trials begin Monday for the activists, including retired Episcopal Bishop George Packard, other clergy members and Jack Boyle, an HIV-positive man who is refusing food or medication unless all charges are unconditionally dropped. Occupy Faith has called for a period of prayer leading up to the trial. Some defendants face 90-day jail sentences. This is a vital test of whether Occupy protesters will experience significant imprisonment for their actions, and of whether the institutions of civil society will rise to protect them.

Manhattan District Attorney Cyrus Vance, has, according to Trinity, offered deals which would not involve fines or jail time to all but three defendants who have “multiple open cases or additional crimes.” So far, none have accepted. In a statement on Thursday, Trinity Rector James Cooper said, “Trinity fully supports the District Attorney’s decision to offer protestors non-criminal dispositions without fines or incarceration, and also respects the protestors’ right to make a choice.”

To understand why this is no ordinary trespassing case, one must first understand why Trinity is no ordinary church. The legal entity which owns Trinity Church, Trinity Wall Street, is one of the largest landowners in Manhattan, controlling millions of square ...

Published: Sunday 3 June 2012
The debt-ceiling absolutists grossly underestimate the massive adjustment costs of a self-imposed “sudden stop” in debt finance.

 

Many, if not all, of the world’s most pressing macroeconomic problems relate to the massive overhang of all forms of debt. In Europe, a toxic combination of public, bank, and external debt in the periphery threatens to unhinge the eurozone. Across the Atlantic, a standoff between the Democrats, the Tea Party, and old-school Republicans has produced extraordinary uncertainty about how the United States will close its 8%-of-GDP government deficit over the long term. Japan, meanwhile is running a 10%-of-GDP budget deficit, even as growing cohorts of new retirees turn from buying Japanese bonds to selling them.

Aside from wringing their hands, what should governments be doing? One extreme is the simplistic Keynesian remedy that assumes that government deficits don’t matter when the economy is in deep recession; indeed, the bigger the better. At the opposite extreme are the debt-ceiling absolutists who want governments to start balancing their budgets tomorrow (if not yesterday). Both are dangerously facile.

The debt-ceiling absolutists grossly underestimate the massive adjustment costs of a self-imposed “sudden stop” in debt finance. Such costs are precisely why impecunious countries such as Greece face massive social and economic displacement when financial markets lose confidence and capital flows suddenly dry up.

Follow Project Syndicate on Facebook or Twitter. For more from Kenneth Rogoff, click here.

Of course, there is an appealing logic to saying that governments should have to balance their budgets just like the rest of us; unfortunately, it is not so simple. Governments typically have myriad ...

Published: Thursday 31 May 2012
“This week’s developments bear crucially on the public’s right to know, and why whistle-blowers must be protected.”

 

WikiLeaks founder Julian Assange’s protracted effort to fight extradition to Sweden suffered a body blow this week. Britain’s Supreme Court upheld the arrest warrant, issued in December 2010. After the court announced its split 5-2 decision, the justices surprised many legal observers by granting Assange’s lawyers an opportunity to challenge their decision—the first such reconsideration since the high-profile British extradition case from more than a decade ago against former Chilean dictator Augusto Pinochet. The decision came almost two years to the day after Pvt. Bradley Manning was arrested in Iraq for allegedly leaking hundreds of thousands of classified U.S. government documents to WikiLeaks. The cases remind us that all too often whistle-blowers suffer, while war criminals walk.

Assange has not been charged with any crime, yet he has been under house arrest in England for close to two years, ever since a “European Arrest Warrant” was issued by Sweden (importantly, by a prosecutor, not by a judge). Hoping to question Assange, the prosecutor issued the warrant for suspicion of rape, unlawful coercion and sexual molestation. Assange offered to meet the Swedish authorities in their embassy in London, or in Scotland Yard, but was refused.

Assange and his supporters allege that the warrant is part of an attempt by the U.S. government to imprison him, or even execute him, and to shut down WikiLeaks. In April 2010, WikiLeaks released a U.S. military video that it named “Collateral Murder,” with graphic video showing an Apache helicopter unit killing of at least 12 ...

Published: Friday 25 May 2012
“The studies, conducted in the United States, France, and the United Kingdom, all pointed to neonicotinoids, a class of chemicals used widely in U.S. corn production, as likely contributors to colony collapse disorder.”

Newly published scientific evidence is bolstering calls for greater regulation of some of the world’s most widely used pesticides and genetically modified crops. 

Earlier this year, three independent studies linked agricultural insecticides to colony collapse disorder, a phenomenon that leads honeybees to abandon their hives. 

Beekeepers have reported alarming losses in their hives over the last six years. The USDA reports the loss in the United States was about 30 percent in the winter of 2010-2011. 

Bees are crucial pollinators in the ecosystem. Their loss also impacts the estimated $15 billion worth of fruit and vegetable crops that are pollinated by bees in the United States. 

The studies, conducted in the United States, France, and the United Kingdom, all pointed to neonicotinoids, a class of chemicals used widely in U.S. corn production, as likely contributors to colony collapse disorder. The findings challenged the EPA’s position—based on studies by Bayer CropScience, a major producer of the neonicotinoid clothianidin—that bees are only exposed to small, benign amounts of these insecticides.

The new studies found that bees are exposed to potentially lethal amounts of neonicotinoids in pollen and in dust churned up by farm equipment. They also found that exposure to neonicotinoids can reduce the number of queen bees and disorient worker bees. 

An alliance of beekeepers and environmental groups filed a petition on March 21 asking the EPA to block the use of clothianidin in agricultural fields until the EPA conducts a sound scientific review of the chemicals.

Meanwhile, farm chemicals and the biotech industry have come under fire for the problem of pest resistance. Some weeds and bugs have become less susceptible or immune to the chemicals or biotechnology used to control them. 

In March, national experts on corn pests published a letter to the EPA ...

Published: Wednesday 23 May 2012
“Your training in financial theory, economics, mathematics, and statistics will serve you well. But your lessons in history, philosophy, and literature will be just as important, because it is vital not only that you have the right tools, but also that you never lose sight of the purposes and overriding social goals of finance.”

At this time of year, at graduation ceremonies in America and elsewhere, those about to leave university often hear some final words of advice before receiving their diplomas. To those interested in pursuing careers in finance – or related careers in insurance, accounting, auditing, law, or corporate management – I submit the following address:

Best of luck to you as you leave the academy for your chosen professions in finance. Over the course of your careers, Wall Street and its kindred institutions will need you. Your training in financial theory, economics, mathematics, and statistics will serve you well. But your lessons in history, philosophy, and literature will be just as important, because it is vital not only that you have the right tools, but also that you never lose sight of the purposes and overriding social goals of finance.

Unless you have been studying at the bottom of the ocean, you know that the financial sector has come under severe criticism – much of it justified – for thrusting the world economy into its worst crisis since the Great Depression. And you need only check in with some of your classmates who have populated the Occupy movements around the world to sense the widespread resentment of financiers and the top 1% of income earners to whom they largely cater (and often belong).

Follow Project Syndicate on Facebook or Twitter. For more from Robert J. Schiller, click here.

While some of this criticism may be over-stated or misplaced, it nonetheless underscores the need to reform financial institutions and practices. Finance has long been central to thriving ...

Published: Friday 11 May 2012
Published: Wednesday 2 May 2012
“When taxes rise and government spending falls, and there is no offsetting boost from investment.”

A bit less than two years ago, the people of the United Kingdom made an implicit deal with the people of the United States. They installed a government that committed itself to an austerity package as the best way to deal with the ongoing effects of the recession.

Rather than trying to boost demand with increased spending or lower taxes, the Conservative-led coalition government committed itself to an agenda of spending cuts and tax increases. The argument was that the financial markets would be impressed by the UK’s commitment to reducing its budget deficit.

This would lead to lower interest rates, which would help to boost investment, housing and consumption. Lower interest rates should also reduce the value of the pound relative to other currencies. That would make imports more expensive for people in the UK, leading to fewer imports. It would also make exports cheaper for people in other countries, thereby increasing exports. Fewer imports and more exports would provide a further boost to demand.

The commitment to deficit reduction was also supposed to instill confidence in business. They would see that the UK had a responsible government in power that would ensure that the debt would not get out of control. This would encourage them to invest since they could be assured that the UK had a stable future and there was no reason to fear a Greek-style debt crisis.

We have now had almost two years to evaluate the effects of the UK’s austerity policy, which is longer than most governments get to test the results of their policy experiments. After all, President Obama got his head handed to him in the November 2010 elections, which were just 20 months after the passage of his stimulus package.

It sure looks like the austerity critics won this one. While interest rates have remained low in the UK, this has been true of every wealthy country with its own currency, regardless of whether or not it was pursuing an austerity ...

Published: Tuesday 1 May 2012
Now, with CISPA, the clampdown on Internet freedom comes in the guise of a bill aimed at cyber terrorism that should give Internet entrepreneurs – and all business leaders – nightmares.

Almost no one had read the Cyber Intelligence Sharing and Protection Act(CISPA) before it was rushed through the United States House of Representatives in late April and sent to the Senate. CISPA is the successor to SOPA, the “anti-piracy” bill that was recently defeated after an outcry from citizens and Internet companies. SOPA, framed by its proponents in terms of protecting America’s entertainment industry from theft, would have shackled content providers and users, and spawned copycat legislation around the world, from Canada and the United Kingdom to Israel and Australia.

Now, with CISPA, the clampdown on Internet freedom comes in the guise of a bill aimed at cyber terrorism that should give Internet entrepreneurs – and all business leaders – nightmares. And yet, this time, major Internet, and technology companies, including Facebook and Microsoft, supported the bill, on the grounds that it would create a clear procedure for handling government requests for information. Microsoft, at least, belatedly dropped its support after recognizing that the law would allow the US government to force any Internet business to hand over information about its users’ online activities.

Follow Project Syndicate on Facebook or Twitter. For more from Naomi Wolf, click here.

But the bill is far more alarming than that. For example, “the head of a department or agency of the Federal Government receiving cyber threat information…shall provide such cyber threat information to the National Cyber security and Communications Integration Center of the Department of ...

Published: Monday 30 April 2012
“We hear these claims often, even though they’re entirely false. An analysis of the facts should make that clear.”

We hear these claims often, even though they're entirely false. An analysis of the facts should make that clear.

(1) The Rich Pay Almost All the Taxes

That's simply not true. The percentage of total taxes paid by the very rich (the top 1%) is approximately the same as the percentage paid by middle class Americans (the 4th quintile, average income $68,700). Here are the details:

Internal Revenue Service figures show that the very rich paid 23% of their incomes in federal income taxes in 2006. The middle class paid about 8% of their incomes in federal income taxes. Based on U.S. Congressional Budget Office figures, the very rich pay just under 2% of their incomes toward social security, while the middle class pays just under 10%. According to a study by The Institute on Taxation and Economic Policy, the very rich pay about 7% of their incomes in state and sales and property and excise taxes, while the middle class pays approximately 10%. Another year of Bush tax cuts will reduce the taxes of the very rich by at least 3% more than the middle class.

So total taxes for the very rich are 29% of their incomes (23% + 2% + 7% - 3%). Total taxes for the middle class are 28% of their incomes (8% + 10% + 10%). These figures agree with CTJ's 2011 estimate of total taxes paid.

(2) Tax Rates Are Too High

In 2009, the United States ranked 26th out of 28 OECD countries in total federal, state, and local taxes as a percent of GDP. Only Chile and Mexico had lower tax rates.

According to the Center on Budget and Policy Priorities, "federal taxes on middle-income Americans are near historic lows." For taxpayers in the top 1%, the tax burden has fallen dramatically in recent years.

At very high income levels, beginning at about the million dollar range, federal income tax actually becomes regressive. Effective tax rates level off at about 25%, and then go down from there. This is because all incomes over ...

Published: Tuesday 24 April 2012
“Governments are dealing secretly with investors, to lease or sell enormous areas of the best arable land. Local farmers who don’t own the land they work are informed of these deals at the very last moment, when they are told to leave.”

A study by the Spain-based group Genetic Resources Action International (GRAIN), released late February, estimates that some 35 million hectares of land have been sold or leased in 416 recent, large-scale land grabbing deals in 66 countries, mostly in Africa.

Another analysis of land grabs, carried out by the International Land Coalition (ILC), released last January, found that between 2000 and 2010 some 203 million hectares were leased or sold in developing countries, mainly in Africa, but also in Latin America, Asia, and even Eastern Europe, to foreign investors.

"This land area is equivalent to over eight times the size of the United Kingdom," the ILC said in its report 'Land Rights and the Rush for Land - Findings of the Global Commercial Pressures on Land Research Project.'

Most land is used to produce inputs for so called biofuels, ILC pointed out.

In his new book on the subject, award-winning Italian journalist Stefano Liberti says that this massive global land grab is the direct consequence of the privatisation and liberalisation policies imposed for years upon developing countries by international financial institutions such as the World Bank (WB) and the International Monetary Fund (IMF), and investment in agricultural policies promoted by United Nations agencies such as the Food and Agricultural Organisation (FAO).

The book, published originally in Italian under the title 'Land ...

Published: Wednesday 18 April 2012
“From 2010 onwards, governments started to raise taxes and cut spending in response to growing fears of sovereign default.”

Nearly four years after the start of the global financial crisis, many are wondering why economic recovery is taking so long. Indeed, its sluggishness has confounded even the experts. According to the International Monetary Fund, the world economy should have grown by 4.4% in 2011, and should grow by 4.5% in 2012. In fact, the latest figures from the World Bank indicate that growth reached just 2.7% in 2011, and will slow this year to 2.5% – a figure that may well need to be revised downwards.

There are two possible reasons for the discrepancy between forecast and outcome. Either the damage caused by the financial crisis was more serious than people realized, or the economic medicine prescribed was less efficacious than policymakers believed.

In fact, the gravity of the banking crisis was quickly grasped. Huge stimulus packages were implemented in 2008-9, led by the United States and China, coordinated by Britain, and with the reluctant support of Germany. Interest rates were slashed, insolvent banks were bailed out, the printing presses were turned on, taxes were cut, and public spending was boosted. Some countries devalued their currencies.

As a result, the slide was halted, and the rebound was faster than forecasters expected. But the stimulus measures transformed a banking crisis into a fiscal and sovereign-debt crisis. From 2010 onwards, governments started to raise taxes and cut spending in response to growing fears of sovereign default. At that point, the recovery went into reverse.

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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: Thursday 15 March 2012
Published: Sunday 26 February 2012
“Filmmakers and novelists have long been fascinated by the way the optimistic, sunlit, pre-1914 Europe of emperors in plumed helmets and hussars on parade so quickly turned into a mass slaughterhouse on an unprecedented scale.”

Well in advance of the 2014 centennial of the beginning of “the war to end all wars,” the First World War is suddenly everywhere in our lives. Stephen Spielberg’s War Horse opened on 2,376 movie screens and has collected six Oscar nominations, while the hugely successful play it’s based on is still packing in the crowds in New York and a second production is being readied to tour the country.

In addition, the must-watch TV soap opera of the last two months, Downton Abbey, has just concluded its season on an unexpected kiss.  In seven episodes, its upstairs-downstairs world of forbidden love and dynastic troubles took American viewers from mid-war, 1916, beyond the Armistice, with the venerable Abbey itself turned into a convalescent hospital for wounded troops. Other dramas about the 1914-1918 war are on the way, among them an HBO-BBC miniseries based on Ford Madox Ford’s Parade’s End quartet of novels, and a TV adaptation of Sebastian Faulks’s novel Birdsong from an NBC-backed production company.

In truth, there’s nothing new in this.  Filmmakers and novelists have long been fascinated by the way the optimistic, sunlit, pre-1914 Europe of emperors in plumed helmets and hussars on parade so quickly turned into a mass slaughterhouse on an unprecedented scale. And there are good reasons to look at the First World War carefully and closely.

After ...

Published: Sunday 29 January 2012
“The most recent phase of the advanced economies’ frenzied search for growth took different forms.”

With the world’s industrial democracies in crisis, two competing narratives of its sources – and appropriate remedies – are emerging. The first, better-known diagnosis is that demand has collapsed because of high debt accumulated prior to the crisis. Households (and countries) that were most prone to spend cannot borrow any more. To revive growth, others must be encouraged to spend – governments that can still borrow should run larger deficits, and rock-bottom interest rates should discourage thrifty households from saving.

Under these circumstances, budgetary recklessness is a virtue, at least in the short term. In the medium term, once growth revives, debt can be paid down and the financial sector curbed so that it does not inflict another crisis on the world.

This narrative – the standard Keynesian line, modified for a debt crisis – is the one to which most government officials, central bankers, and Wall Street economists have subscribed, and needs little elaboration. Its ...

Published: Wednesday 4 January 2012
“If the euro fails as a result, it will not be because no solution was possible, but because policymakers would not do what was necessary.”

Great empires rarely succumb to outside attacks. But they often crumble under the weight of internal dissent. This vulnerability seems to apply to the eurozone as well.

Key macroeconomic indicators do not suggest any problem for the eurozone as a whole. On the contrary, it has a balanced current account, which means that it has enough resources to solve its own public-finance problems. In this respect, the eurozone compares favorably with other large currency areas, such as the United States or, closer to home, the United Kingdom, which run external deficits and thus depend on continuing inflows of capital. 

In terms of fiscal policy, too, the eurozone average is comparatively strong. It has a much lower fiscal deficit than the US (4% of GDP for the eurozone, compared to almost 10% for the US).

Debasement of the currency is another sign of weakness that often precedes decline and breakup. But, again, this is not the case for the eurozone, where the inflation rate remains low – and below that of the US and the UK. Moreover, there is no significant danger of an increase, as wage demands remain depressed and the European Central Bank will face little pressure to finance deficits, which are low and projected to disappear over the next few years. Refinancing government debt is not inflationary, as it creates no new purchasing power. The ECB is merely a “central counterparty” between risk-averse German savers and the Italian government.

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Much has been written about Europe’s sluggish growth, but the record is actually not so bad. Over the last ...

Published: Saturday 31 December 2011
“The globalization of mercenaries to crack down on dissent is also proceeding apace.”

What does the New Year hold for the global wave of protest that erupted in 2011? Did the surge of anger that began in Tunisia crest in lower Manhattan, or is 2012 likely to see an escalation of the politics of dissent?

The answers are alarming but quite predictable: we are likely to see much greater centralization of top-down suppression – and a rash of laws around the developed and developing world that restrict human rights. But we are also likely to see significant grassroots reaction.

What we are witnessing in the drama of increasingly globalized protest and repression is the subplot that many cheerleaders for neoliberal globalization never addressed: the power of globalized capital to wreak havoc with the authority of democratically elected governments. From the perspective of global corporate interests, closed societies like China are more business-friendly than troublesome democracies, where trade unions, high standards of human-rights protection, and a vigorous press increase costs.

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Published: Thursday 15 December 2011
Gang injunction is a controversial crime that some say should be illegal and others say is a necessary last resort for communities plagued by violence.

It’s called a gang injunction.  A controversial crime tool strategy that some people say should be illegal, and others say is a necessary last resort for communities plagued by violence.   On this edition, we go from the birthplace of gang injunctions in Los Angeles, to their newest use in London, England.  Almost 30 years later, communities remain divided about the best way to address youth violence and crime.

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: Tuesday 6 December 2011
“Sweden, the United Kingdom, and Germany are the top countries to fight climate change, but experts said they could not award any country with the top three rankings, as no nation was doing enough to prevent climate change.”

Sweden, the United Kingdom and Germany are the top countries to fight climate change, according to the 2012 Climate Change Performance Index, whose results were published at the United Nations climate change summit today.
 

Sweden, the country with the lowest emission levels of 50,600 tons of CO2 emissions, according to the latest data from the United States Energy Information Administration (EIA), and good emission trends worldwide, was ranked 4th. 
 

Experts said they could not award any country with the top three rankings, as no nation was doing enough to prevent climate change. 
 

The three lowest-ranking countries are Saudi Arabia, Kazakhstan and Iran. The index is compiled each year by environmental lobby organization Germanwatch and the Climate Action Network (CAN), which evaluate and compare the climate protection performance of the 58 countries worldwide which are together responsible for more than 90 percent of global energy-related CO2-emissions
 

"This year’s results signify that although globally emissions are still growing, none of the big emitters make the real shifts that are needed," said CAN Europe director Wendel Trio. "None of them is considered as doing enough." 
 

Sweden’s climate policy was not ambitious enough, while the UK, ranked 5th, had recently shown worrying signs. It had failed to tighten up its carbon budgets, while Germany’s emission levels remained too high for a placement higher than rank 6. 
 

"The average grades for the national and international policies are weak," said Germanwatch researcher Jan Burck, one of the authors of the ...

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: Monday 7 November 2011
The authors of the report wrote that “access to health care (has) significantly eroded since 2006.”

Support for ObamaCare has fallen to just 34 percent of the American public, according to the Kaiser Family Foundation’s most recent tracking poll.  That’s down from 41 percent in just one month.

Can’t say I’m surprised. Just as they did during the debate on health care reform in 2009 and 2010, the special interests who profit from the status quo have been winning the messaging battle in their ongoing effort to scare people away from the new law. They have a well-planned and executed strategy to mislead people so thoroughly they will vote next year for candidates who promise to repeal the law, even if that means they will be voting against their own best interests. The strategy of the law’s backers—if indeed there is one —is simply not working.

One reason reform advocates cite for the decline in support:  relentless attacks on the law by GOP presidential candidates, especially during those free-for-all debates. At one of the recent get-togethers, Newt Gingrich even resurrected the biggest of the big lies —  that the law creates government-run death plans that will decide when to pull the plug on sick Medicare beneficiaries. Supporters can’t expect debate moderators to challenge the candidates on such baseless accusations, and they don’t have comparable forums to communicate how the law is helping millions of Americans. At least not yet.

Another factor in falling support for ObamaCare is that opponents are outdueling  supporters in placement of op-ed commentaries and letters to the editor. While I haven’t seen detailed analyses of the op-ed placement war, my own observation, as someone who reads a lot of newspapers, is that the critics have gotten way more ink than the ...

Published: Sunday 23 October 2011
“There are three possible responses to this state of affairs. The first relies on intervention by the central bank in the event of a threat to the sovereign-debt market.”

Since the summer, the continuing installments of the Greek crisis have concealed a worrying process of fragmentation in the eurozone. Indeed, there are several grim indicators of this development.

First, the spread between banks’ borrowing rate and the zero-risk rate has been climbing since July. Financial institutions with liquidity increasingly prefer to deposit their cash with the European Central Bank, which has had to resume its lending to banks. The same thing occurred in the 2007-2008 crisis, though the shift is less acute this time, and is confined to the eurozone. In London and New York, the interbank market is still working; nevertheless, there is reason for concern.

Second, cross-border banks are charging higher interest rates to firms in southern Europe than they are to comparable firms in northern Europe, which is worsening the situation for crisis-hit economies. This fragments Europe’s supposedly unified market. And, instead of combating this trend, northern European regulators are amplifying it by limiting financial institutions’ exposure to southern European banks.

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Published: Saturday 10 September 2011
“In England, students set to pay through the nose as university fees are ‘liberalized’ are growing increasingly agitated at the free education gifted to Scottish higher education students by their more progressive government.”

The United Kingdom is falling apart. And nobody seems to have really noticed. It’s not the riots and the burning buildings, nor the stumbling stock markets. Those fill every front page.

At a slower, less alarming pace, something more profound is happening: The United Kingdom may well be on the verge of breaking up; actually disuniting its disparate parts.

The word “secession” conjures up images of splinter groups, fringe corners of far-flung states agitating for the independence of their often imaginary fiefdoms: Bomb blasts in the Basque region; guns in Grozny.

But in generally less dramatic fashion, Scotland has voted for a Scottish National Party (SNP) government, committed to an independence referendum; a long-cherished dream. Signs of a rift were also on display when Scottish First Minister Alex Salmond complained bitterly about broadcasters heading coverage of the riots as "UK riots" when they were, in fact, English ones alone. Claiming the footage would damage Scotland's reputation as a tourism destination, he told BBC Radio Scotland: "We know we have a different society in Scotland, and one of my frustrations was to see this being described on BBC television and Sky as riots in the UK."

But the friction and current constitutional confusion between the two countries harks back much further, to the Jacobite uprisings of the 18th century; the Culloden massacre and 1747 Act of Proscription, a law that banned the wearing of traditional dress, use of Gaelic, bearing of arms or even enjoyment of traditional music in an attempt by the British government to pacify the “unruly” Scottish clans.

It was a process that author Alastair MacIntosh describes as the final internal colonization of the British Isles; one that saw some half a million people forced off their land in what became known as the Highland Clearances, while remaining clan chiefs were incorporated into the British ...

Published: Monday 15 August 2011
“British Prime Minister David Cameron is backing eviction for public housing tenants who participated in last week's riots.”

British Prime Minister David Cameron is backing eviction for public housing tenants who participated in last week's riots. "Let's make sure if people riot and break the law, they get thrown out of their [public subsidized] council houses," Cameron said this weekend.  The first riot-related eviction papers have already been served on an entire family in London.  Meanwhile, former New York and Los Angeles Police Chief Bill Bratton (of "zero tolerance" fame) is being considered as Britain's top cop after the resignation of the chief of the Metropolitan Police over the Murdoch hacking scandal. Before Cameron and the British go down this Murdoch-media fueled path to mass incarceration and collective punishment, they'd do well to spend ten minutes with Michelle Alexander, legal scholar and author of "The New Jim Crow: Mass Incarceration in the Age of Colorblindness." Getting tough the US way has created a caste-like closed-system in which ex-felons are discriminated against in housing and employment  - forever.  "If your family lives in public housing they risk eviction if you even go home to visit. If you're a drug offender you can be denied food stamps in some states, for the rest of your life, and for the rest of your life, when you apply for employment you have to check that box whether the felony is three weeks or thirty years old." What does this system accomplish? It returns people right back to prison. "Which ...

Published: Tuesday 9 August 2011
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