Now that is starting to change.
To read more, see attached article
Now that is starting to change.
To read more, see attached article
Read more: See attachment
If you can't get there by clicking on the link, then you can copy it and paste it to your browser.
Gerald Seib is the Washington bureau chief for the Wall St. Journal. As such, he is one of the foremost political analysts for American finance capital. In the Feb. 12 edition of the paper, he has an article entitled “Iran Revolution’s End Will be Heard Around the World.” In it, he explains that although the regime seems to have consolidated itself for the time being, it cannot maintain itself indefinitely since it is based on repression.
He explains how the 1979 seizure of power by the Muslim clerical establishment had global consequences. These included US capitalism’s support for Saddam Hussein, increased influence by the reactionary Muslim clerical establishment in Saudi Arabia, the rise of Hezbollah, and the general spread of Islamic fundamentalism throughout the Islamic populations of the world.
So far, so good.
He seems to believe that the eventual collapse of the Iranian regime will mean the reversal of these developments and, by implication, the increased power of US capitalism.
Siddiqui was married through an arranged marriage while in the US and subsequently became quite active in a Muslim mosque in her area. By 2002, with her marriage on the rocks, she moved back to Karachi, although she made several return visits to the US. The purpose of these visits is under dispute. In March of 2003, the FBI issued an alert for her and within a few weeks Siddiqui disappeared from the streets of Karachi. Although the Pakistan Minister of the Interior stated that she had been turned over to US authorities, the US denies ever having held her until 2008.
to read more, click on file attachment
(Note: This title is borrowed from Karl Marx, who wrote a brilliant piece of this same title. Likewise for much of the content. I don’t think old Karl would mind. As the postal worker told the poet in the film “Il Postino”: “Poems don’t belong to those who write them; they belong to those who need them.” The same is true for ideas in general.)
Many mainstream economists are predicting that if the economy picks up, there will be increased inflation. In fact, the signs are already present. For instance, the World Food Price index from March-December, 2009 shows prices up by 23%. Corn prices from September – January were up 24% and Oil per barrel from September – January was up 20%. Overall, in the US, the Consumer Price Index (CPI) is now at 2% (i.e. a 2% inflation rate) vs. -2% in the middle of last year. (It should be noted that these figures underestimate inflation by about 3%. In the 1990s, under Bill Clinton, they changed the way the CPI is figured, resulting in reducing it by about this amount. The figures for this can be seen at www.shadowstats.com.)