Naomi Klein // Current

Sundance Goes Across The Country for One Night Only

On January 28, 2010, eight Sundance ‘10 filmmakers will take their films from San... more

jlichman
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10 days ago
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Obama's Bad Influence

Of all the explanations for Barack Obama's Nobel Peace Prize, the one that rang truest... more

bansheewail
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26 days ago
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The strange enduring rage of Naomi Klein

Supporters of liberal democratic values may have a hard time understanding why... more

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1 month ago
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NAOMI KLEIN: "COME BOICOTTARE ISRAELE SENZA TAGLIARE IL DIALOGO"

Cecilie Surasky intervista Naomi Klein e Yael Lerer Poche campagne su un argomento... more

AlbaKan
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2 months ago
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Naomi Klein e il Capitalismo dei Disastri

Naomi Klein parla del suo libro Shock Economy

AlbaKan
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3 months ago
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Why Can't We Fire the Boss?

Just last week Hartmarx, a Chicago company in the business of making business suits,... more

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6 months ago
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GLOSSARIO DEL DISINCANTO

di Naomi Klein Non tutto va a meraviglia nell' Obamafanland, e non è molto chiaro... more

AlbaKan
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7 months ago
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2 TRILLION DOLLAR Sell Out of US Taxpayers by DEMOCRATS & Bush Administration

Yes, it's already happened and Barack will do......nothing?

MuraliUSA
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12 months ago
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Naomi Klein on the Bailout Profiteers and the Multi-Trillion-Dollar Crime Scene

Video from http://www.youtube.com/user/IWantDemocracyNow Democracy Now! Nov. 17,... more

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12 months ago
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Bush will NEVER be able to set foot outside the U.S.!

Video from http://www.youtube.com/user/CSPANJUNKIEdotORG This is a short clip from... more

DandelionSalad
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12 months ago
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Shock Economy parte 2: nuovo video sulla teoria dello shock applicata all'economia

E' successo che il video integrato al mio precedente post è stato eliminato da... more

maurop
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1 year ago
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Shock economy: come le aziende si arricchiscono con le stragi.

Naomi Klein, già famosa per il best seller "No Logo", racconta nel suo ultimo libro... more

maurop
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Wall St. crisis should be for Neoliberalism what fall of Berlin Wall was for Communism

As the world reels from the financial crisis on Wall Street and the taxpayer-funded... more

mariposablanca
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1 year ago
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Klein: Bush admin creates crises to 'enrich themselves and their friends'

On Thursday's edition of The Colbert Report, bestselling author Naomi Klein argued... more

buttcrack
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1 year ago
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ECONOMISTS AGAINST BAILOUT

* FAIRNESS, AMBIGUITY & LONG TERM EFFECTS NOT ADDRESSED * One of the saddest... more

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1 year ago
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PENTAGON SCORES A BIGGER RIP-OFF THAN BAILOUT

A FEW THOUGHTS ABOUT THE 1000 POUNDS GORILLA, BEAR OR GODZILLA STOMPING THROUGH CONGRESS, SENATE & DEMOCRACY... EVERYONE IGNORES IT SO ELEQUANTLY !

With All Eyes on the Bailout, House Passes Trillion-Dollar Defense Bill

$$$$$$$$$$$$$$$SHOCKING
IT'S EMPIRE BUILDING, NOT DEFENSE SPENDING ! http://www.alternet.org/waroniraq/100524/

The legislation came together in a remarkably secret process that concentrated decision-making power in the hands of a few lawmakers.

In keeping with the tradition of recent years, Bush held a gun to his own head and threatened to pull the trigger if his demands weren't met. According to the AP ;To earn President Bush's signature rather than a veto, House and Senate negotiators dropped several provisions he opposed. They include a ban on private interrogators in U.S. military detention facilities and what would have amounted to congressional veto power over a security pact with Iraq.

ALSO...

THE WAR ECONOMY
http://pr.thinkprogress.org/

Congress and the administration are embroiled in contentious talks over on the details of a $700 billion infusion into the financial system, intended to restore liquidity and maintain the flow of credit. But the talks stalled yesterday. "It was an implosion that spilled out from behind closed doors into public view in a way rarely seen in Washington," the New York Times observed. Tonight, Sens. Barack Obama (D-IL) and John McCain (R-AZ) are scheduled to debate foreign policy matters in Oxford, MS. While the subject matter seems disconnected from the situation in financial markets, prescient economists predicted this fall-out from the Iraq war long ago. In 2002, Gerd Hausler, director of international capital markets at the IMF, said that "a serious conflict with Iraq would not be a very healthy development; for the financial markets. Robert Shapiro, undersecretary of commerce in the Clinton administration stated, If the [Iraq] conflict wears on or, worse, spreads, the economic consequences become very serious." The debt was $5.7 trillion when Bush took office; it will be $10.3 trillion by the time he leaves. While Congress hesitates to appropriate $700 billion for the financial crisis, the administration still is pouring $12 billion a month into Iraq, also raising the question of how the Iraq war funds could be spent better at home.

IRAQ RECESSION?: A significant reason for the current $9.6 trillion federal debt has been the Iraq war, which the U.S. largely financed through borrowing. This week, President Bush said that the crisis began after "a massive amount of money flowed into the United States from investors abroad because our country is an attractive and secure place to do business," which led to easy credit and to the housing bust. But the problem isn't simply one of excessive foreign investment because of businesses. "It's that the U.S. had to borrow money from foreign nations at an alarming rate, after it dug itself into debt paying for the Iraq War while cutting taxes," The Wonk Room observed. Thus, the United States had to turn to investment from abroad for financing. This, as well as lax regulation and oversight of Wall Street contributed to the credit troubles. Currently, 45 percent of Treasury securities are owned by foreign nations, with the most owned by China and Japan. Other nations owned less than 20 percent of these securities as recently as 1994. Bush left out of his assessment the fact that much of the foreign investment went to finance a war and his tax cuts.A FEW THOUGHTS ABOUT THE 1000 POUNDS GORILLA, BEAR OR GODZILLA STOMPING THROUGH... more