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The New Campus McCarthyism
There’s a McCarthyite campaign in full spate across higher education in the U.S. today. For every headline case, like Norman Finkelstein or Joseph Massad, there are three or four less-publicized smear campaigns. In the sights of the witch-hunters are faculty targeted as “anti-Israel”, as terror-symps, as leftists. In our latest newsletter we feature the personal history of Victoria Fontan, a Frenchwoman who came to a US campus from field work in the back alleys of Fallujah and found out just how devastating academic warfare can be. ALSO -- Saving the Florida Everglades – Alan Farago reports from the battlefront. PLUS -- They aimed at Moscow, They Hit Kabul: Serge Halimi on Sarkozy and NATO’s Mission Creep. 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.Order CounterPunch By Email For Only $35 a Year !
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Today's Stories April 16, 2009 Russell Mokhiber Ronald Teska Gareth Porter Paul Fitzgerald / Benjamin Dangl April 15, 2009 Kathleen and Bill Christison Ray McGovern Robert Sandels Heather Williams / Jack Willoughby David Swanson Paul Craig Roberts Sara Mann Kenneth Couesbouc Binoy Kampmark Kekuni Blaisdell, Lynette Hi'llani Cruz, George Kahumoku Flores, et al.: An Urgent Letter to Obama on the Rights of Native Hawaiians Website of the Day April 14, 2009 Conn Hallinan Mike Whitney Peter Morici Greg Moses Fidel Castro Robert Weissman Rebecca Macaux / Carmelo Ruiz-Marrero Dave Lindorff Walter Brasch Benjamin Day Website of the Day April 13, 2009 Patrick Cockburn Uri Avnery Jeremy Scahill Martha Rosenberg Karl Grossman Nadia Hijab Sam Smith James McEnteer Sean McMahon Namihei Odaira John V. Walsh Website of the Day April 10 / 12, 2009 Alexander Cockburn Chris Floyd Mike Whitney Saul Landau M. Reza Pirbhai Franklin Spinney Rannie Amiri William Blum Matt Vidal Jeff Howison Jeff Leys Dave Lindorff Ramzy Baroud Missy Beattie Fred Gardner Harvey Wasserman Another $50 Billion for Rust Bucket Nukes? Suzan Mazur Bernard Umbrecht David Macaray Janet Kauffman Ron Jacobs Norman Solomon Michael Winship Richard Rhames Wanda Fucha David Yearsley Lorenzo Wolff Ben Sonnenberg Jeffrey St. Clair Poets' Basement Website of the Weekend April 9, 2009 Mike Whitney Patrick Cockburn Stephen Soldz P. Sainath Ellen Cantarow Gareth Porter / Jeremy Scahill Jerry Kroth Binoy Kampmark Fidel Castro Website of the Day April 8, 2009 John Prados Bill Moyers / Winslow T. Wheeler Russell Mokhiber Kathy Sanborn Rev. William E. Alberts James McEnteer Rashomon and the Binghamton Shooter: the Rush to Interpret Jiverly Wong's "Statement" Nadia Hijab Adam Turl Kevin Zeese Website of the Day April 7, 2009 David Price Uri Avnery Chris Floyd Winslow T. Wheeler Defense Cuts: Gates and the System Marjorie Cohn Dean Baker Diana Johnstone Dave Lindorff Martha Rosenberg Evelyn Pringle Website of the Day April 6, 2009 Michael Hudson Andy Worthington Bagram: Guantánamo's Dark Mirror Ray McGovern Deepak Tripathi Mike Whitney Norman Solomon Jonathan Cook Judith Bello Deena Metzger Blackwater in Liberia Dr. M. Kamiar Website of the Day April 3-5, 2009 Alexander Cockburn Kathy Kelly / Peter Morici Kathy Sanborn Andy Worthington Rob Larson Saul Landau Steve Early John Goekler Rannie Amiri Dave Lindorff Lee Ballinger Ron Jacobs David Macaray John Wight Keeanga-Yamahtta Taylor Mychal Bell Missy Beattie Reza Fiyouzat Michael Boldin Christopher Brauchli Charles R. Larson Susie Day Stephen Martin Kim Nicolini David Yearsley Phyllis Pollack Poets' Basement Website of the Day
April 2, 2009 Robert Weissman Eric Toussaint / George Bisharat Russell Mokhiber Franklin Lamb Gareth Porter David Macaray Chris Genovali Sam Smith Suzan Mazur Website of the Day
April 1, 2009 Chris Floyd Stanley Heller Mark Brenner, Mischa Gaus and Jane Slaughter Obama's Perilous Plan for Detroit: Restructure the Big 3, But Not With Bankruptcy Jonathan Cook Eric Walberg Richard Morse Don Fitz Laray Polk Belén Fernández Harvey Wasserman Website of the Day March 31, 2009 Uri Avnery Peter Lee Nicholas Dearden Dave Lindorff Joanne Mariner Ron Jacobs Wiliam S. Lind David Michael Green Benjamin Dangl Johnny Barber Dedrick Muhammad Website of the Day March 30, 2009 Michael Hudson Patrick Cockburn Henry A. Giroux Mike Whitney Ralph Nader Paul Craig Roberts Jeremy Scahill Robert Bryce Jonathan Cook Ray McGovern Website of the Day
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April 16, 2009 CBO Report Says Ethanol Drive Food Prices HigherAnother Ethanol Producer Goes BustBy ROBERT BRYCE The recurring lesson emerging from the corn ethanol scam is this: too many mandates and subsidies are probably worse than none at all. Evidence of that can be found by looking at Aventine Renewable Energy Holdings, the Illinois-based ethanol producer. Last week, the company filed for Chapter 11 bankruptcy, saying it had $799.5 million in assets and nearly $491 million in debts. Aventine, which has production capacity of 207 million gallons of ethanol per year, operates plants in Illinois and Nebraska. And Aventine’s bankruptcy won’t be the last in the ethanol sector. The ethanol producers are in a fundamentally untenable position: they are selling product into a market where gasoline demand is falling and corn prices are still relatively high. What’s amazing is that Aventine and the other ethanol companies who’ve failed can’t make money even though Congress is giving them a fat subsidy -- $0.45 per gallon – and a mandate that requires gasoline retailers to use 12 billion gallons of their product this year. By 2015, that requirement will increase to 15 billion gallons. The huge mandates and subsidies for corn ethanol resulted in a spending binge on new production capacity, much of which now sits gathering dust. According to Ethanol Producer Magazine, 37 ethanol plants now are sitting idle. Those plants have total output capacity of 2.2 billion gallons per year. And of those 37 plants, at least 23 have been built since 2005. The latest data from the Renewable Fuels Association shows that there are now 193 ethanol distilleries in the U.S. Thus, those 37 idled plants represent 19% of all the ethanol plants in the country. On a production capacity basis, 17.8% of America’s ethanol capacity is now on the sidelines. But even with that much capacity sitting idle, and even with the mandates and subsidies, ethanol still can’t compete. Look at this chart (http://www.neo.ne.gov/statshtml/66.html) from the state of Nebraska: It shows that going all the way back to 1982, except for a few months in 2008, the average rack price for ethanol in Omaha has been substantially more expensive than that of unleaded gasoline. Now look at the tabular data below the chart. It shows that in March, ethanol was selling for $1.62. Meanwhile, unleaded gasoline was selling for $1.40. Even if you subtract the $0.45 federal subsidy for ethanol from the $1.62 price, resulting in a cost to wholesalers of $1.17, ethanol is still more expensive than gasoline on a per-Btu basis. Why? Ethanol contains just two-thirds of the heat energy of gasoline. Therefore to match the energy content of 1 gallon of gasoline, you need 1.33 gallons of ethanol. And the total cost of that fuel would be $1.55. ($1.17 * 1.33 = $1.556). That’s $0.14 more than the listed cost of gasoline. Thus, the reality is that for buyers in Omaha and many other parts of the country, the real cost of ethanol remains higher than that of gasoline. Given that reality, it’s no wonder that companies like Aventine are going down the drain. But here’s the truly depressing part: in announcing their bankruptcy, Aventine is still banking on government mandates and subsidies to be viable. In a statement on the company’s website, Aventine’s president and CEO, Ron Miller, said the “ethanol industry has sound long-term prospects, and we anticipate a strong rebound as the government imposed biofuels mandate continues to increase.” Alas, Aventine’s demise was easily predicted. And in a bit of kismet, at about the same time that the company filed for bankruptcy, the Congressional Budget Office released a report which said that the corn ethanol scam is responsible for a significant portion of the recent increase in food prices. The agency said increased use of corn for ethanol production accounted for 10 to 15% of the surge in food prices that occurred between April 2007 and April 2008. The CBO study now brings the tally of reports which have made a direct connection between the corn ethanol scam and higher food prices to 16. Robert Bryce’s latest book is Gusher of Lies: The Dangerous Delusions of “Energy Independence” which just came out in paperback.
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Now Available from CounterPunch Books! Spell Albuquerque: Waiting for
Lightning
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