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To the Sulzberger family that controls the New York Times he has been the ultimate Good German. High-flying Thomas Middelhoff took New York by storm, buying Random House for Bertelsmann, invited onto the NYT board, a member of its compensation committee. Read Eamonn Fingleton’s exclusive on how Middelhoff has crashed to earth and how the NYT has buried the story. Amid New York’s savage fiscal crisis, guess what? The city ponies up $50 million for a nice new park for rich people in Manhattan. Read Carl Ginsburg on the High Line. PLUS Elyssa Pachico on how rural revolution in Colombia has gone digital. PLUS co-editor Cockburn on how, in Obama Time, the Israel lobby is carrying all before it. What a surprise. Get your new edition today by subscribing online or calling 1-800-840-3683 Contributions to CounterPunch are tax-deductible. Click here to make a donation. If you find our site useful please: Subscribe Now! CounterPunch books and t-shirts make great presents.
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Today's Stories August 17, 2009 Ray McGovern Andy Worthington Patrick Cockburn Don Fitz P. Sainath Helena Cobban August 14-16, 2009 Alexander Cockburn Jeffrey St. Clair Peter Linebaugh Esam Al-Amin Marshall Auerback Mike Whitney Paul Krassner Saul Landau Nikolas Kozloff Henry A. Giroux John Ross Jonathan Cook Isabella Kenfield David Rosen Ron Jacobs Wajahat Ali David Macaray Greg Moses Charles R. Larson David Yearsley Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend August 13, 2009 Eduardo Galeano Joanne Mariner Michael Donnelly Norman Solomon Russell Mokhiber Tim Wise Brian M. Downing Dave Lindorff David Manning / Miriam Cotton: Martha Rosenberg Website of the Day August 12, 2009 Michael J. Watts Bouthaina Shaaban Ricardo Alarcón Binoy Kampmark Paul Craig Roberts Alan Farago James Ridgeway Dave Lindorff David Macaray Niranjan Ramakrishnan Website of the Day August 11, 2009 Ricardo Alarcón Marshall Auerback Reza Yavari Winslow T. Wheeler Tim Wise Uri Avnery Deepak Tripathi Greg Moses Benjamin Dangl Dave Lindorff Website of the Day August 10, 2009 David Price Mike Whitney Alan Farago Conn Hallinan Russell Mokhiber Paul Krassner Sousan Hammad Jonathan Cook Ira Glunts George Wuerthner Website of the Day August 7 - 9, 2009 Alexander Cockburn Mike Whitney Elaine C. Hagopian Carl Ginsburg Miguel Tinker Salas Saul Landau John Ross Anthony DiMaggio Obama and the Israel Lobby: Origins of Power John Stanton Christopher Brauchli Legal Absurdities: Outing Three Strikes Wajahat Ali Ron Jacobs Franklin Lamb Bruce E. Levine Michael Winship David Macaray Stephen Fleischman Robert Bryce Robert Dodge, MD: Hiroshima and Nagasaki Remembered Mark Seth Lender David Yearsley Ben Sonnenberg Lorenzo Wolff Poets' Basement Website of the Weekend August 6, 2009 Ishmael Reed Paul Craig Roberts William Blum Assassinations and Coups: Keeping Track of the Empire's Crimes Michael Donnelly Jonathan Cook Dave Lindorff Ellen Brown Website of the Day August 5, 2009 Dedrick Muhammad / Norman Solomon William Blum Gareth Porter Mary Lynn Cramer Jim Goodman Nadia Hijab Gretchen Kroth Steve Macek / Sarah Lazare Website of the Day August 4, 2009 Mike Whitney Dave Lindorff Patrick Cockburn Jonathan Cook Jeff Sher Dean Baker Andy Worthington Uri Avnery Mark Weisbrot Alvaro Huerta Website of the Day
August 3, 2009 Pam Martens Anthony DiMaggio Udi Aloni Mike Roselle Dr. Susan Block Roy Bourgeois / Margaret Knapke Joe Bageant Dina Jadallah Dave Lindorff Martha Rosenberg Website of the Day July 31 - August 2, 2009 Alexander Cockburn Gabriel Kolko John Prados Joe Bageant Tim Wise Carl Ginsburg Michael Fox John Lindsay-Poland Michael Winship Rev. William Alberts Andy Worthington Steve Breyman Cyrus Bina Missy Beattie Ron Jacobs Willie L. Pelote, Sr. Lucia Alvarez Dave Lindorff Lawrence R. Velvel Omar Barghouti / James L. Secor Belén Fernández Jeffrey St. Clair David Yearsley Brian J. Foley Alan Cabal Kim Nicolini Lorenzo Wolff Poets' Basement Website of the Weekend July 30, 2009 Patrick Cockburn Gareth Porter Saul Landau Greg Grandin Diane Farsetta Stephen Soldz Alan Farago David Macaray Mike Howells / Christopher Brauchli Website of the Day July 29, 2009 Carl Ginsburg Clifton Ross Paul Craig Roberts Franklin C. Spinney James Bovard Lackawanna Six: Bogus Charges and Martial Law Anthony DiMaggio Bouthaina Shaaban Greg Moses Wajahat Ali Gary Leupp Ayesha Ijaz Khan Website of the Day July 28, 2009 Jean Bricmont Uri Avnery Dean Baker Heather Gray Jonathan Cook Winslow T. Wheeler Belén Fernández Carl Finamore Eli Jelly-Schapiro Harvey Wasserman Website of the Day July 27, 2009 Ishmael Reed Patrick Cockburn Roger Burbach Steve Breyman Ramzy Kysia Stephen Soldz Raymond J. Lawrence Greg Moses Binoy Kampmark Kim Ives Website of the Day July 24-26, 2009 Alexander Cockburn Clifton Ross Patrick Cockburn William Polk David Sterritt Ray McGovern David Lindorff Hannah Mermelstein Carl Ginsburg Helen Redmond John Ross Bill Simpich Mark Weisbrot Lee Sustar David Macaray Felipe Matsunaga Sara Mann Martha Rosenberg Missy Beattie David Ker Thomson Ron Jacobs Stephen Martin David Yearsley Gilad Atzmon Kim Nicolini Poets' Basement Website of the Weekend July 23, 2009 Jeffrey St. Clair Saul Landau / Jonathan Cook Nadia Hijab Dave Lindorff Laura Carlsen Steve Breyman Ellen Brown Norman Solomon Jorge Mariscal Website of the Day July 22, 2009 Bernard Chazelle Nikolas Kozloff Carl Ginsburg Clifton Ross Anthony DiMaggio Michael Donnelly Nadia Hijab Dedrick Muhammad Charles Thomson Alan Farago Website of the Day July 21, 2009 Sasan Fayazmanesh Uri Avnery Dean Baker Jonathan Cook Dave Lindorff Andy Worthington David Macaray Carl Finamore Harvey Wasserman Walter Brasch Website of the Day
July 20, 2009 Pam Martens Nikolas Kozloff Paul Craig Roberts Deepak Tripathi Ira Glunts P. Sainath Binoy Kampmark Stephen Fleischman Norman Solomon Andy Worthington Ron Jacobs Website of the Day
July 17-19, 2009 Alexander Cockburn Nikolas Kozloff Joanne Mariner Joe Bageant Jonathan Cook Saul Landau John Ross Sue Sturgis Anita Sinha / Peter Morici Pervez Hoodbhoy Ramzy Baroud Greg Moses Kia Mistilis Missy Beattie David Ker Thomson James G. Abourezk Paul Richards Dave Lindorff Marc Levy Matt Siegfried Stephen Martin Ben Sonnenberg David Macaray Charles R. Larson David Yearsley Lorenzo Wolff Poets' Basement Website of the Weekend July 16, 2009 Paul Craig Roberts Afshin Rattansi Iranian Planes and the Hidden Toll of Economic Sanctions Gregory V. Button Evan Knappenberger Michelle Bollinger Russell Mokhiber Belén Fernández Alice Walker Nicholas Dearden Albert Osueke Website of the Day
Manuel Garcia, Jr. Vijay Prashad Dean Baker Ray McGovern Jonathan Cook David Rosen Eric Walberg Greg Moses Sousan Hammad Binoy Kampmark Tracy McLellan Website of the Day July 14, 2009 Eamonn McCann Joanne Mariner Franklin Spinney Steve Heilig Ali Abunimah Dave Lindorff Nikolas Kozloff Ellen Brown Alice Slater Ron Jacobs Joe Allen Website of the Day July 13, 2009 Uri Avnery Mike Whitney P. Sainath Gareth Porter Paul Moore Tim Wise Andy Worthington Former Insider Shatters Credibility of Military Commissions David Macaray Cal Winslow Niranjan Ramakrishnan Website of the Day July 10-12, 2009 Alexander Cockburn José Pertierra John Ross Conn Hallinan Nikolas Kozloff Clifton Ross / Carl Ginsburg Michael Neumann Gilad Atzmon Jeffrey St. Clair Ellen Hodgson Brown Jim Goodman Christopher Bickerton Wendell Potter Dave Lindorff David Ker Thomson Anthony DiMaggio Raymond Lawrence Walid El Houri Stephanie Westbrook Roger Gaess David Yearsley Kim Nicolini Poets' Basement Website of the Weekend
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Drought of Justice, Flood of FundsBy P. SAINATH Mumbai The euphoria of July also saw Dr. Montek Singh Ahluwalia of the Planning Commission declare that the “worst is behind us.” (Though it must be conceded he had said that even in June and possibly earlier). That's good. I only wish they’d told us when the worst was upon us. It would have been nice to know. Otherwise, it gets hard to appreciate improvement. As a matter of fact, the Prime Minister and Agriculture Minister suggest the worst could be ahead of us. And they don't mean the swine flu. Both appear to have written off much of the kharif (summer or monsoon) crop. They advise us to buckle up for a further rise in food prices due to the drought they now say affects 177 districts. That they've thrown in the towel on the kharif crop is evident in their calling for more efficient planning of the rabi (winter crop). Yet, the government had two months during which it could have opted for compensatory production of foodgrain in regions getting relatively better rainfall. But there was no effort at monsoon management. Even today there are very useful things that could be done to counter the worst ahead. A positive step taken by the Rural Development Ministry now allows small but vital assets like farm ponds to be created on the lands of farmers through the National Rural Employment Guarantee scheme NREGS . A pond on every farm should be the objective of every government. (Incidentally, this would help hugely with the rabi season. It would also ease the hostility of quite a few farmers towards the NREGS.) A massive expansion of the NREGS will also help cushion the hundreds of thousands of laborers struggling to find work and devastated by rising food costs. But it would call for throwing out the entirely destructive 100-days-per-household limit on work under the scheme. With the Prime Minister calling for anti-drought measures on "a war footing," this should be the time to do it. The price-rise-due-to-drought warning is a fraud. Of course, a drought and major crop failure will push up prices further. But prices were steadily rising for five years since the 2004 elections, long before a drought. Take the years between 2004 and 2008 when you had some good monsoons. And more than one year in which we claimed "record production" of foodgrain. The price of rice went up 46 per cent, that of wheat by over 62 per cent, atta (whole wheat flour) 55 per cent, salt 42 per cent and more. By March 2008, the average increase in price of such items was already well over 40 per cent. Then these rose again till a little before the 2009 polls and have risen dramatically in the past three months. The agriculture minister appears to have figured out that the stunning rise in the price of pulses may have little to do with drought. "There is no reason," he finds, "for prices to rise in this fashion merely on a supply-demand gap." He then went on to find a valid reason: "blackmarketing or hoarding." But he stayed silent on forward trading in agricultural commodities. Many senior ministers have long maintained that "there is no evidence" that speculation related to forward trading has had any impact on food prices. (The ban on trading in wheat futures was lifted even before the results of the 2009 polls were announced in May. And existing bans on other items have been challenged in interpretation.) The price rise since 2004 could be the highest for any period in the country barring perhaps the pre-emergency period. For the media, of course, July was far more interesting for the political price in Parliament over the Gas war between the Ambani brothers. When these two barons brawl, governments can fall. Also, how could atta be more interesting than airline tickets (the prices of which fell dramatically over several years). Food prices may have gone up but airline travel costs went down and those are the prices that mattered. So the price of aviation turbine fuel became a far more to-be-covered thing as private airlines threatened a strike demanding public money bailouts. At the time of writing, it appears the government will try and make things cheaper for them. These airline owners include some associated with the Indian Premier League cricket enterprise, which got crores of rupees worth of tax write-offs last year. Maharashtra waived entertainment tax on the IPL. And with so many games held in Mumbai that proved a bonanza for the barons paid for by the public. There's always money for the Big Guys. Take a look at the budget and the "Revenues foregone under the central tax system." The estimate of revenues foregone from corporate revenues in 2008-09 $ 14.3 billion. By contrast, the NREGs covering tens of millions of impoverished human beings gets $ 8.1 billion in the 2009-10 budget. Remember the great loan waiver of 2008, that historic write-off of the loans of indebted farmers? Recall the editorials whining about 'fiscal imprudence?' That was a one-time, one-off waiver covering countless millions of farmers and was claimed to touch $14.5 billion. But over $ 27 billion (in direct taxes) have been doled out in concessions in just two budgets to a tiny gaggle of merchants hogging at the public trough, without a whimper of protest in the media. Imagine what budget giveaways to corporates since 1991 would total. We'd be talking many trillions of rupees. Imagine if we were able to calculate what the corporate mob has gained in terms of revenue foregone in indirect taxes. Those would be much higher and would mostly swell the corporate kitty for the simple reason that producers rarely pass on these gains to consumers. Let's take only what the budget tells us (Annexure 12, Table 12, p.58). Income foregone in 2007-08 due to direct tax concessions was $ 12.9 billion. That foregone on excise duty was $ 18.20 billion. And on customs duty $ 31.9 billion. That adds up to $ 63.1 billion. Even if we drop export credit from this, it comes to well over $ 41.6 billion. For 2008-09, that figure would be over $ 62.4 billion. That's a very conservative estimate. This is just from the union budget. It does not include all manner of subsidies and rate cuts and other freebies to the corporate sector. But it's big enough. Simply put, the corporate world has grabbed concessions of over $104 billion in just two years that total more than seven times the 'fiscally imprudent' farm loan waiver. In fact, it means that on average we've been feeding the corporate world close to $ 145 million a day every day in those two years. Imagine calculating what this figure would be, in total rupees, since 1991. Ask for an expansion of the NREGS, seek universal access to the PDS, plead for more spending on public health and education - and there's no money. Yet there's enough to give away over $ 6 million an hour to the corporate world in concessions. If Indian corporations saw their net profits rise in April-June this year, despite gloom and doom around them, there's a reason. All that feeding frenzy at the public trough. The same quarter saw 170,000 organized sector jobs lost in the very modest estimate of the Labour Ministry. That's not counting the 1.5 million said to have been lost in just the export sector between September and April by the then Commerce Secretary. And now comes the drought. A convenient villain to hang all our man-made distress on -- and sure to oblige by adding greatly to that distress. A huge fall in farm incomes is in the offing. If the government wants to act on a war footing, it could start with a serious expansion of the NREGS (about the only lifejacket people in districts like Anantapur in Andhra Pradesh have at this point, for instance). It could launch, among many other things, the pond-in-every-farm program. It could restructure farm loan schedules. It could start getting the idea of monsoon management into its thinking. It could curb forward trading-linked speculation that was driving one of our worst price rises in history long before the drought was on the horizon. And it could declare universal access to the Public Distribution System. That cost could probably be easily covered by say, cancelling the dessert from the menu of the unending corporate free lunch in this country. P. Sainath is the rural affairs editor of The Hindu, where this piece appears, and is the author of Everybody Loves a Good Drought. He can be reached at: psainath@vsnl.com.
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Now Available from CounterPunch Books! Yellowstone Drift: Spell Albuquerque: Waiting for
Lightning
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