Posted by smeddum on September 19, 2008
What Moral Hazard? Forbes
LONDON – It’s been bailout out after bailout for Wall Street banks that made ill-judged bets on the securities market, but the so-called moral-hazard theory, that banks will be all the more reckless for it, has been discarded by those watching overseas this past week. In Europe, where central bankers are typically hawkish and regulators keep an especially wary eye on state meddling in business, everybody seems glad for Fed interference. Read the rest of this entry »
Posted in Financial crisis | Tagged: failing banks, moral hazard, Western hypocrisy | Leave a Comment »
Posted by smeddum on September 6, 2008
Hypocrisy of this Magnitude has to be Respected.
By William Blum
06/09/08 “ICH” – — Im sorry to say that I think that John McCain is going to be the next president of the United States. After the long night of Bush horror any Democrat should easily win, but the Dems are screwing it up and McCain has been running more-or-less even with Barack Obama in the polls. The Democrats should run on the slogan “If you liked Bush, you’ll love McCain”, but that would be too outspoken, too direct for the spineless Nancy Pelosi and her spineless party. Or, “If you liked Iraq, you’ll love Iran.” But the Democrat leadership is not on record as categorically opposing either conflict. Read the rest of this entry »
Posted in Multipolar world | Tagged: russia, Western hypocrisy | Leave a Comment »
Posted by smeddum on August 15, 2008
Negative Image: Robert Mugabe through the Lens of Western Propaganda
What’s Left
By Stephen Gowans
Leaders who have committed offenses against democracy, human rights and international law on a level far graver than the offenses Zimbabwe’s President Robert Mugabe has been accused of committing, are rarely, if ever, vilified by Western government officials, the media and left intellectuals. By contrast, Robert Mugabe has been subjected to a sustained barrage of criticism, often bordering on the hysterical, for crimes that, laying aide whether they’ve been committed or not, are minor in comparison. I’ll show that an inconsistency in the treatment of Mugabe does indeed exist, and explore the reasons why. I’ll also show that there are compelling reasons to be skeptical of the case against Mugabe. Read the rest of this entry »
Posted in Zimbabwe | Tagged: Robert Mugabe, Western hypocrisy | Leave a Comment »
Posted by smeddum on July 22, 2008
Asian Times
By Hossein Askari
British Prime Minister Gordon Brown speaks to the Israeli parliament, talking of peace and vowing to prevent Iran from acquiring nuclear weapons. United States President George W Bush promises to protect US allies in the Middle East from external aggression. French President Nicholas Sarkozy assures Israel of his country’s unflinching support and protection to live in peace.
Western leaders pledge their opposition to nuclear proliferation and promise to protect all countries from attack; they declare a goal of peace and stability in the Middle East, and promise to
work tirelessly for a more democratic Middle East that embraces the rule of law. This is what they say. Read the rest of this entry »
Posted in Drive to Global War, Iran, Multipolar world | Tagged: Iran, Nuclear proliferation, Western hypocrisy | Leave a Comment »
Posted by smeddum on July 22, 2008
Karadzic’s Arrest Puts the Lid on the FAKE War on Terror
22.07.2008 Source: Pravda.Ru URL: http://english.pravda.ru/opinion/columnists/105849-karadzic-0
Corporate western media gleefully announced the arrest of Serbian leader Radovan Karadzic on Monday, thereby adding one more nail on the lid of their hypocrisy, duplicity and self serving arrogance. How these postulating, perverse, immoral demons of hell can stand themselves defies the sensibilities of anyone who truly stands for truth and justice, not the justice of the law of the jungle where the strong crush the weak, but true justice. Read the rest of this entry »
Posted in Uncategorized | Tagged: "War on Terror", Serbia, Western hypocrisy | Leave a Comment »
In These New Times 