The Bank of the South: An Alternative to IMF and World Bank Dominance

The Bank of the South: An Alternative to IMF and World Bank Dominance - by Stephen LendmanIn July, 2004, the IMF and World Bank commemorated the 60th anniversary of their founding at Bretton Woods, NH to provide a financial framework of assistance for the postwar world after the expected defeat of Germany and Japan. With... Continue Reading →

Torture, Paramilitarism, Occupation and Genocide

Torture, Paramilitarism, Occupation and Genocide - by Stephen LendmanOn October 5, George Bush confronted a public uproar and defended his administration claiming "This government does not torture people." Again he lied. Once secret US Department of Justice (DOJ) legal opinions confirm the Bush administration condones torture by endorsing "the harshest interrogation techniques ever used by... Continue Reading →

UAW Sellout at GM and Chrysler

UAW Sellout at GM and Chrysler - by Stephen LendmanThe September and October United Auto Workers (UAW) GM and Chrysler agreements are just the latest examples of union leadership surrender and betrayal. It's an ominous sign of labor's plight and clear indication of what's ahead - more for business, less for workers, and no relief... Continue Reading →

Nobel Hypocrisy

Nobel Hypocrisy - by Stephen LendmanAlfred Nobel was a wealthy nineteenth century Swedish-born chemist, engineer, inventor of dynamite, armaments manufacturer and war profiteer who remade his image late in life by establishing the awarding of prizes in his name that includes the one for peace. This most noted award was inspired by his one-time secretary... Continue Reading →

Promised Social Change in Ecuador

Promised Social Change in Ecuador - by Stephen LendmanRaphael Correa was elected Ecuador's president last November and took office January 15 promising social change. He's the country's eighth president in the last decade including three previous ones driven from office by mass street protest opposition against their misrule and public neglect. Correa must now deliver... Continue Reading →

“Capitalism and Freedom” Unmasked

"Capitalism and Freedom" Unmasked - by Stephen LendmanAn era ended November 16, 2006 when economist Milton Friedman died. A torrent of eulogies followed. The Wall Street Journal mourned his loss with the same tribute he credulously used when Ronald Reagan died saying "few people in human history have contributed more to the achievement of human... Continue Reading →

Greenspan’s Dark Legacy Unmasked

Greenspan's Dark Legacy Unmasked - by Stephen LendmanAfter retiring as the Federal Reserve's second longest ever serving chairman, Alan Greenspan is now cashing in big late in life at age 81. He chaired the Fed's Board of Governors from the time he was appointed in August, 1987 to when he stepped down January 31, 2006... Continue Reading →

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