WikiLeaks: Demystifying “Diplomacy” - By Norman Solomon (30/11/10) PDF Print E-mail
Norman Solomon   
Tuesday, 30 November 2010 09:55

Common Dreams

Compared to the kind of secret cables that WikiLeaks has just shared with the world, everyday public statements from government officials are exercises in make-believe.

In a democracy, people have a right to know what their government is actually doing. In a pseudo-democracy, a bunch of fairy tales from high places will do the trick.

Diplomatic facades routinely masquerade as realities. But sometimes the mask slips -- for all the world to see -- and that's what just happened with the humongous leak of State Department cables.

"Every government is run by liars," independent journalist I.F. Stone observed, "and nothing they say should be believed." The extent and gravity of the lying varies from one government to another -- but no pronouncements from world capitals should be taken on faith.



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The Real Agenda Behind The Korean Peninsula Provocation - By Nilofer Bhagwat (30/11/10) PDF Print E-mail
Nilofer Bhagwat   
Tuesday, 30 November 2010 09:52

In the context of serious developments and the threat of war in the Korean Peninsula with far reaching impact on North East Asia, it is once again necessary to remind ourselves that such threats are hardly accidental, as this belligerence as distinguished from wars of national or political liberation, are implementation of policy by other means and an integral part of the policy of Imperial governments used to resorting to regional or global conflict, to reorder economic and political strategic goals.
 
Following the Seoul Summit, inter-alia dealing with the issue of the currency deadlock or as some would call it the currency war, It appears that the alteration of equations economic and political in the world which would prevent a single or the hitherto dominant financial centre from haemorrhaging other currencies, is not acceptable to powers external to the Asian region in collaboration with Quislings on the Korean Peninsula and in its vicinity. This is why neither the people of North or South Korea should be should be trigger happy as this war is not in their interests.
 



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MUST-WATCH VIDEO: Prof. Francis Boyle: "Racists and Hypocrites When it Comes to Palestinians" (29/11/10) PDF Print E-mail
Information Clearing House   
Sunday, 28 November 2010 23:22



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NYT Story On Rand Paul And AIPAC---Don't Get Fooled! - By Michael Collins Piper (29/11/10) PDF Print E-mail
Michael Collins Piper   
Sunday, 28 November 2010 22:58

The New York Times reported in a front page story (November 25) that Rand Paul "bluntly told" AIPAC that AIPAC and the Tea party would have to disagree on foreign aid...

No, wait, don't start celebrating, don't start shouting from the rooftops that "Rand Paul has stood up to the Zionist lobby."

I know---I just know---that the "patriot" media will be abuzz with THAT "news."

No, folks----don't forget: more than a decade ago (as first reported in The SPOTLIGHT by the late Andrew St. George, well before it made news anywhere else) and as later revealed in the now-infamous "CLEAN BREAK" document by the Likud-affiliated elements here in the U.S., the fact is that the "hard right" in Israel (represented by Shamir/Sharon/Netanyahu) had long advocated breaking close ties with the U.S. (including financial aid).



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Why Does JP Morgan Want This Fraud Suit Sealed? - By Teri Buhl (29/11/10) PDF Print E-mail
Teri Buhl   
Sunday, 28 November 2010 22:55

JP Morgan is being sued by Ambac for allegedly selling the insurance company hundreds of millions of mortgage back securities while knowingly packing them full of loans they knew were bad. The loans steam from MBS created by Bear Stearns that JP Morgan took control of after they bought the failed bank in 2008. While this might sound like an ailing mortgage insurer trying to pass off blame for buying a financial product that didn’t work out; if we could look inside the lawsuit we’d likely see otherwise.

The problem is the bank, who’s known to have close ties to Obama’s administration, has somehow convinced a judge in the Southern District of New York to seal the complaint. Combing through the legal documents filed before the seal was ordered, we get a glimpse of what has JP Morgan so worried – although because of the lawsuit is sealed we still don’t get to see how Ambac can claim these violations of securities laws were started.

Ambac accuses JP Morgan and the Proposed Individual Defendants of:



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