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You Want to Deal With a Humanitarian Crisis, Mr Obama?
“Right now Israel, with full support from the U.S. is denying 1.5 million people in Gaza ALL the necessities of life.” Read Kathleen and Bill Christison’s searing emergency bulletin to Obama. “This is a U.S.-created, U.S.-supported disaster…Put meat on the bones of your talk about compassion…” Also in the new issue of our subscriber-only newsletter, Barbara Rose Johnston brings us a detailed report on the drive for justice in Guatemala after another catastrophe sponsored by the U.S. – the building of the Chixoy Dam. Finally, Alexander Cockburn sets out the record of assaults on freedom in the Bush years. Get your Legacy 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 December 4, 2008 Ece Temelkuran December 3, 2008 Andrew Cockburn December 2, 2008 Jeremy Scahill Paul Craig Roberts Ayesha Ijaz Khan Sarah Anderson / William Blum John Ross Dave Lindorff Nicola Nasser Steve Conn Robert Bryce Website of the Day December 1, 2008 Patrick Cockburn Damien Millet / Vijay Prashad Deepak Tripathi Joshua Frank P. Sainath Alan Farago Binoy Kampmark Chris Genovali David Michael Green Stephen Martin Website of the Day November 28-30, 2008 Alexander Cockburn Mike Whitney Ted Honderich Tom Kerr Mike Ely David Yearsley Deepak Tripathi Sonja Karkar Ramzy Baroud Robert Weitzel Robert Roth Carlos Fierro David Macaray David Rosen James Cockcroft Stan Cox Steve Conn Stephen Martin Richard Rhames Kim Nicolini Lorenzo Wolff Poets' Basement November 27, 2008 Tariq Ali Steve Hendricks Ralph Nader John Walsh Dave Lindorff Christopher Brauchli Matthew Koehler Website of the Day
November 26, 2008 Michael Hudson Alan Farago Stanley Heller Kevin Zeese Steve Conn Ray McGovern Ron Jacobs Eric Walberg Martha Rosenberg Matt Siegfried Website of the Day
November 25, 2008 James Abourezk Ralph Nader Patrick Irelan John Ross Fred Gardner Dan LaBotz Tom Barry Norman Solomon Richard Morse Chris Strohm Website of the Day November 24, 2008 Mike Whitney Pam Martens Laray Polk David Ker Thomson Uri Avnery Joe Mowrey Ramzi Kysia Kevin Zeese Dave Lindorff David Macaray Howard Lisnoff Website of the Day November 21 / 23, 2008 Alexander Cockburn Michael Hudson Mike Whitney Barbara Rose Johnston / Serge Halimi Alan Farago Ralph Nader Saul Landau Robert Bryce Shannon May Binoy Kampmark Jack Ely Ramzy Baroud Missy Beattie Larry Portis James McEnteer Christopher Brauchli David Yearsley Adam Engel Ron Jacobs Lorenzo Wolff Poets' Basement Website of the Weekend November 20, 2008 P. Sainath Brian McKenna Paul Craig Roberts Andy Worthington Peter Lee Dr. Eyad al-Serraj Sen. Russ Feingold Lance Selfa Ray McGovern Benjamin G. Davis Tracy McLellan Website of the Day November 19, 2008 M. Shahid Alam Mario A. Murillo Martine Boulard Robin D. G. Kelley Behrooz Ghamari-Tabrizi Jonathan Cook Steve Conn George Wuerthner Michael Winship Stephen Martin Website of the Day November 18, 2008 Chellis Glendinning George C. Wilson Franklin Lamb Bill and Kathleen Christison Roger Burbach John Ross Wajahat Ali Damien Millet / Marc Gardner Eric Walberg Wendy Williams Website of the Day November 17, 2008 Michael Hudson Paul Craig Roberts Mike Whitney Steve Conn Andy Worthington Jonathan Cook Rannie Amiri David Macaray David Michael Green Charles Modiano Website of the Day November 14 / 16, 2008 Alexander Cockburn Jeffrey St. Clair Mike Whitney Sasan Fayazmanesh Moshe Adler Anthony DiMaggio Jean Bricmont Sheldon Rampton Douglas Valentine Joseph Nevins / Tom Barry Ron Jacobs Larry Portis Mary Lynn Cramer Obama's Brain Trust: Seems Like Old Times Sherry Wolf Peter Cervantes-Gautschi Jacob Hornberger Lance Selfa Benjamin Dangl Seth Sandronsky Russell Mokhiber Allan Stellar Kelly Overton Martha Rosenberg Richard Rhames David Yearsley Lorenzo Wolff Poets' Basement Website of the Weekend
November 13, 2008 Pam Martens Vijay Prashad Patrick Cockburn Jonathan Cook Ralph Nader Bill Quigley Lee Sustar Omar Barghouti Steve Conn Howard Lisnoff Jeff Cohen Website of the Day November 12, 2008 Johanna Berrigan Steve Conn Patrick Bond Bokar Ture / Alan Farago Dave Lindorff Karl Grossman David Macaray George Wuerthner Susie Day Website of the Day
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December 4, 2008 A Riposte to the KnockersThe American Car IndustryBy EAMONN FINGLETON Tokyo. Never has the American car industry had a poorer press. No epithet these days seems too contemptuous in referring to the industry's managerial competence and no policy proposal too heartless in addressing the industry's high labor costs. The American commentariat's "let-them-eat-cake" attitude was summed up by Mitt Romney in a New York Times editorial page article last week in which he unapologetically advocated that the entire industry be allowed to go bankrupt. Yet the main "benefit" of a bankruptcy is merely that the industry's surviving businesses would be allowed to walk away from billions of dollars in obligations to retirees. One wonders how Romney would react if some ideologue casually suggested his pension benefits be incinerated on a bonfire of free market theory. Yes, some of Detroit's injuries are self-inflicted. But no industry is perfect. Not in the United States and not anywhere else. Even the American financial services industry -- so recently held up as a poster boy of supposedly world-class management -- is now seen to be less than infallible. There was once a time -- some of us remember it well -- when Detroit led the world in both labor productivity and R & D. What has changed? The most important reason for Detroit's downfall has not been incompetent management -- the executives been running the industry lately have been hewn from much the same timber as their The elephant in the room is unfair foreign trade practices. Though you would never know it from the way the news has been reported, for forty years the Detroit companies' foreign competitors have systematically pursued predatory pricing in the American market. They have thereby starved Detroit of the adequate returns necessary to invest in new, more efficient production technologies. The Japanese in particular have used unfair trade practices to devastating effect. On the one hand they have kept their home market as a protected sanctuary, where they often garner superrich profits. On the other in the American market they have often sold their products at little more than marginal cost. All Japanese government denials to the contrary, the Japanese domestic market is heavily protected. Thus the high pricing there is reserved for Japanese producers. Two German manufacturers, Mercedes-Benz and BMW, enjoy token positions at the top end but have been strictly boxed in to ensure that for more than two decades the combined share of all foreign makers has been kept to a mere 4 per cent. Even Korean car makers are shut out (though they sell effectively against Japanese competition everywhere else). It is not as if the Koreans and Japanese don't trade with each other in other industries. Actually they do a huge trade: Korea is Japan's third largest trading partner and Japan is Korea's second. The fact is that as a matter of policy on both sides, cars are not traded (Korea's car market is even more protected than Japan's and even more hostile to American imports). For students of Japanese protectionism perhaps the most telling point is that though France's Renault company, through its stake in Nissan, nominally controls Japan's second biggest showroom network, it has never been allowed to sell more than a few hundred of its French-made products in Japan. A rigged world market apart, another factor that has worn Detroit down is an unrealistically high dollar. Again the problems go back to the late 1960s. It was then that American trade first showed signs of weakness but American policymakers have consistently resisted dollar devaluation until it has been too late. Because of unfair trade and an overvalued dollar, America lost the so-called incumbent's advantage -- its historic position of productivity leadership based on being first into the business -- in the early 1980s. Thereafter Detroit needed not only a fair world market but lower wage rates than its main foreign competitors to have any chance of fighting back. Its pleas for a lower dollar have gone unheard, in part at least because members of the American elite wanted to enjoy the benefits of a high dollar when they travel abroad. The result is the desperately weakened industry we see today. All this is well understood in foreign capitals, particularly in those of the major East Asian nations. So, yes, the American car industry's fate reflects in large measure American incompetence -- but the main source of this incompetence has not been the engineers of Detroit but the commentators of New York and Washington. Eamonn Fingleton is the author of In Praise of Hard Industries: Why Manufacturing, Not the Informnation Economy, Is the Key to Future Prosperity (Boston: Houghton Mifflin, 1999) and In the Jaws of the Dragon: America's Fate in the Coming Chinese Hegemony (Thomas Dunne Books 2008). He can be reached at efingleton@gmail.com
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