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Inside the New Print Edition of Our Subscriber-Only Newsletter!
How the Press Gave Madoff Four More Years to Steal His Billions
It’s one of the greatest and most shameful failures in the history of journalism. In the new edition of our newsletter Eamonn Fingleton traces how the Wall Street Journal was handed a precise outline of Madoff’s Ponzi scheme in 2005 and sat on it. The New York Times also passed on chances to nail Madoff. Thousands, poor as well as rich, lost their life savings in consequence. Read Fingleton on how the watchdogs of the Fourth Estate took good care to snooze in their kennels. ALSO in the new edition, Paul Craig Roberts concludes the shortest, sharpest outline of economics ever written with a brilliant essay on the economics of a full, green world. 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 gear make great presents.
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Today's Stories Feb. 27 - March 1, 2009 Harry Browne February 26, 2009 Dave Lindorff Jonathan Cook Patrick Cockburn Mike Whitney Eamonn McCann Tim Wise Tom Barry Harvey Wasserman Adam Turl David Macaray James McEnteer Website of the Day
February 25, 2009 Chris Sands M. Shahid Alam Chris Floyd Dave Lindorff Norman Solomon Rachel Godfrey Wood Niranjan Ramakrishnan Ron Jacobs Nadia Hijab Dennis Loo Website of the Day February 24, 2009 Paul Craig Roberts Uri Avnery Peter Morici Jonathan Cook Paul Fitzgerald / Andy Worthington Brian Horejsi Julia Stein Norm Kent Rachel Smolker / Dennis Loo James McEnteer Website of the Day February 23, 2009 Michael Hudson Mike Roselle Patrick Cockburn Franklin Spinney Einar Már Guðmundsson Ralph Nader Jordan Flaherty Helen Redmond Dennis Loo Harvey Wasserman Terry Lodge Website of the Day February 20 / 22, 2009 Alexander Cockburn Michael Neumann / Ismael Hossein-zadeh Paul Craig Roberts Linn Washington Jr. Saul Landau Marjorie Cohn Binoy Kampmark Dave Lindorff David Yearsley David Macaray James McEnteer Rick Salutin Wayne Clark Richard Rhames Stephen Martin Mitu Sengupta Charles R. Larson Richard Morse Lorenzo Wolff Poets' Basement Website of the Weekend February 19, 2009 Norman Finkelstein Harry Browne Robert Bryce Brian M. Downing Fred Gardner Andy Worthington Wajahat Ali Laura Carlsen Deb Reich Christopher Ketcham Website of the Day February 18, 2009 Paul Craig Roberts Mike Whitney M. Shahid Alam Patrick Cockburn Conn Hallinan Dave Lindorff Rannie Amiri Gareth Porter Eric Hobsbawm Christopher Brauchli Martha Rosenberg Website of the Day February 17, 2009 Michael Hudson Mike Whitney Ralph Nader Joanne Mariner John Ross Belén Fernández Mats Svensson David Macaray Gregory Vickrey M. Junaid Levesque-Alam Michael Dickinson Website of the Day February 16, 2009 Patrick Cockburn Oscar Guardiola-Rivera Paul Craig Roberts Uri Avnery P. Sainath Dedrick Muhammad / Michael Brown Carla Blank Patrick Irelan Dan Bacher Fidel Castro Harvey Wasserman Website of the Day February 13 - 15, 2009 Alexander Cockburn Joshua Frank Mike Whitney George Ciccariello-Maher Nikolas Kozloff Brian M. Downing Paul Craig Roberts Christopher Ketcham Ron Jacobs Dave Lindorff Alan Maass Chuck Spinney Phil Gasper Stephen Lendman Charles Thomson Kathy Sanborn Saul Landau Len Wengraf Harvey Wasserman David Macaray Tom Stephens Seth Sandronsky David Yearsley Lorenzo Wolff Kim Nicolini Poets' Basement Website of the Weekend February 12, 2009 P. Sainath Jean Bricmont Michael Hudson Peter Lee Dave Lindorff February 11, 2009 Neve Gordon Peter Morici Andy Worthington Marjorie Cohn Fred Gardner Niranjan Ramakrishnan Zoe Blunt Belén Fernández Martha Rosenberg Website of the Day Blues of the Day
February 10, 2009 Kathy Kelly Nikolas Kozloff Uri Avnery Michael J. Berg Russell Mokhiber Joe Bageant Gareth Porter Dave Lindorff Rannie Amiri Harvey Wasserman Niranjan Ramakrishnan Website of the Day February 9, 2009 Vicente Navarro Paul Craig Roberts Julio Sanchez / National Lawyers Guild Jonathan Cook Alana Smith Binoy Kampmark Sam Bahour Nicole Colson Ron Jacobs Website of the Day Norman Solomon David Macaray Website of the Day |
Weekend Edition The Carnage AccountOwning DisasterBy MISSY COMLEY BEATTIE In the summer of 2003, Colin Powell warned George Bush of the consequences of invading Iraq: “You break it, you own it.” We have lost 4,251 US military men and women in Iraq. In Afghanistan, 660 US troops have died. President Barack Obama will send 17,000 additional servicemen and women to Afghanistan, the country he identifies as the location of the “right war,” which means the deaths in the wrong war, the occupation of Iraq, were/are a mistake. Most of the dead, including my nephew, Marine Lance Cpl. Chase J. Comley, were George Bush’s errors. Now, they are Obama’s. And they are just as senseless under an Obama presidency as they were during the George Bush fiasco. Senseless and costly, the wars in both countries will require funding of $205 billion through the end of fiscal year 2010. President Obama is stamping his approval on attacks in Pakistan, using drones to take out “terrorists.” Often, these bombings kill civilians. Collateral damage wins no friends. It just extends ownership of more destruction. Meanwhile, a Binyamin Netanyahu rightist government is being formed in Israel. The presence of racist Avigdor Lieberman, added to the coalition government, is chilling and furthers a war process that will affect not just the Middle East but the safety of citizens in every country whose leaders sympathize with and support Zionists while denying the atrocities committed against Palestinians. The words spoken by Shimon Peres to the president of the European Parliament on Tuesday were jaw dropping. The unctuous Peres warned that the “Palestinian people will be doomed to continued exploitation at the hands of the Islamic rulers of Gaza.” With brazen hypocrisy, he stated that Israel would fight terrorism “while allowing the continued flow of food and humanitarian aid to the Gaza Strip.” The governments of Israel and the United States are the greatest exploiters of the people of Palestine. The weapons, supplied to Israel for use on the Palestinians, are made by Raytheon, a US company. Not only are we the largest weapons supplier to Israel, the arms recently used on Gazan Palestinians contained white phosphorous, a chemical banned by international law. And, now, the agreement negotiated by the Bush Administration to provide 30 billion dollars in military aid to Israel belongs to Obama whose language seems to indicate his unconditional acceptance. Obama’s decisions and actions also belong to us, since it is our taxpayer money that funds the wars and the weapons that melt the flesh of men, women, and children in countries our leadership determines to be havens for enemies whose numbers grow the longer we occupy their lands. Obama will remove a portion of our military from Iraq in 19 months, yet a staggering number--as many as 50,000 troops--will remain, probably to protect “American interests.” Each week we are there will bring increased Iraqi civilian deaths and more devastating news for military families. Bush broke it and owned it for awhile but now Obama holds the deed. And so do we. I think of the four babies born to our family since the death of Chase. These little girls, who would have been Chase’s nieces had he lived to love and cherish them, will know their uncle only from stories told about him, photographs, and visits to his grave site. I wonder what lies ahead for them. Because I know and feel such deep shame for what we have done to the many children whose homes and playgrounds are now rubble, whose parents are dead, whose bodies and psyches are fractured, and whose DNA is contaminated by depleted uranium from our weapons of mass destruction. We have broken so much and no one in the Obama Administration is admitting this fact. Instead, we hear the proclamation, met with thunderous applause, that Obama “will not allow terrorists to plot against the American people.” There is no acknowledgment of the blood dripping from our hands, the blood of Iraqi, Afghan, Pakistani, and Palestinian civilians. Missy Beattie lives in New York City. She's written for National Public Radio and Nashville Life Magazine. An outspoken critic of the Bush Administration and the war in Iraq, she's a member of Gold Star Families for Peace. She completed a novel last year, but since the death of her nephew, Marine Lance Cpl. Chase J. Comley, in Iraq on August 6,'05, she has been writing political articles. She can be reached at: Missybeat@aol.com
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Now Available from CounterPunch Books! Waiting for
Lightning
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