How Many Warnings Do You Need?

By Rudy Avizius

mobeBankOut
by Michael Fleshman

So you think your money is safe? Let’s examine why that assumption could cost you all or part of your savings. The MF Global losses, the Cyprus confiscations, the Sentinel case, the FDIC/BOE Joint Paper, the plans in the European Union, Canada, New Zealand, and Spain to raid private accounts, and finally the information in this article should be raising all sorts of red flags.

If you knew someone with a gambling problem, you probably would not give them your money to hold. If you knew that they had placed bets that were 30 to 70 times more than the amount of money they had, you would certainly consider them totally reckless. If you knew that the money they were holding and betting with was with borrowed money, other peoples’ money not their own, you would probably conclude that they are hopelessly addicted to money. Remember these thoughts as you continue to read this article.

Picture these scenarios:
1. You go to buy groceries and when you use your credit or debit card the transaction is denied despite the fact you have money in your account.

2. You are a public official, such as a school business administrator, county treasurer, municipal finance manager, pension fund administrator, or anyone who has responsibility for protecting public money. You try to access the money and the transaction is denied.

Under either scenario, you investigate why you cannot access money you know is in your account and you find out that the bank has failed and has been closed until further notice by the authorities. You also discover that the government will be confiscating part of your savings in order to “stabilize” the bank.

So you think that “cannot happen here”? You think you are safe because the FDIC “protects” your money?  You placed your money into one of the big banks and believe it is safe because it has large vaults and is insured by the government. Perhaps you placed the public monies you are charged with into a large bank because they are properly “collateralized” and therefore you believe these funds are safe. If you truly believe any these previous statements, you really need to read the rest of this article because your money is at serious risk.

So you think your money is safe? Let’s examine why that assumption could cost you all or part of your savings. Would you be surprised to learn that money sitting in everyday peoples’ savings accounts in Cyprus was confiscated in order to “stabilize” the banks? If you are surprised by this news, hopefully this article will provide you with an incentive to do some research. This article is filled with links to more information, and I encourage you to follow them. If you are aware of this bank confiscation, do not make the mistake of believing that it is an isolated event that “cannot happen here”.

In a nutshell, what actually happened in Cyprus was that the banks were overleveraged and the size of the liabilities of the banks exceeded the Gross Domestic Product (GDP) of the entire country of Cyprus. Given the fact that the “bail outs” of the large banks in 2008 were so politically unpopular, the European “troika” imposed a “bail in”, where customers with savings accounts were to have some of their savings seized (read: stolen) in order to stabilize the banks. The losses to some accounts were as high as 60%. The banks were closed for 12 days, so people had no access to their money and once the banks reopened, they had only limited access to their money in order to protect the banks.

Was this plan by the “troika”, just a one-time event or was this something more? It turns out that this eventuality had actually been planned in advance in 2012 at the G20 Financial Stability Board in Basel Switzerland where the US FDIC and the Bank of England created a joint paper outlining a confiscation scheme. Under the FDIC/BOE joint paper, accounts of $250,000 or less could be seized by the failing bank and converted to stock equity as part of a “bail in” scheme. The stock would of course be essentially worthless because the bank has already failed.

There is also a plan to confiscate savings in New Zealand if necessary to save the banks. Canada also has a confiscation plan in the wings should their banks falter. The European Union has just reached an agreement where shareholders and depositors will be tapped to “bail in” any bank in trouble.

So you still think that this “cannot happen here” because the FDIC will protect your money? Consider that our largest banks have derivative contracts with a notional value of more than $700 trillion (think $700,000 BILLION!). The entire world GDP is only $70 trillion, therefore the liabilities of the big banks could not be covered by the entire GDP of the United States. Does this sound similar to what happened in Cyprus? Does this sound similar to the gambler at the beginning of this article? What is very important to keep in mind is that Cyprus is a small country and that much larger outside forces came in to “stabilize” the banks. If one (or more) of the large U.S. banks experiences a derivative failure, there is not enough money on the planet to “stabilize” them.

These derivatives are really nothing more than “bets” placed by the banks, and when (not if) these “bets” start going bad, the banks will be on the hook for their value. You need to know that these derivative “bets” have been given super-priority status in case of a bank bankruptcy. What this means is that the holders of these derivative contracts will have first priority for payment and that you either as an individual or government entity will be placed at the back of line – as a bank creditor should a large bank fail. This means that you will probably get little or nothing back.  Most people do not understand that once you give a bank your money, the money legally is no longer yours. Under the law, you are an unsecured creditor to the bank and are treated as such in any bankruptcy proceeding. As an individual or as a public official, if you have money in one of the big banks, you have essentially given your money to that gambler and now you are a creditor to the gambler.

This sort of loss has already happened with the MF Global collapse. While this was a futures trading company and not a bank, the blueprint for confiscations was tested here and with the Sentinel case the legal system upheld the customer losses. These trading accounts were supposed to be “segregated” accounts that belonged to the account holders, not MF Global. As an analogy, think of a “segregated” account as a safe deposit box at a bank, the contents belong to you, not the bank. Yet in the MF Global collapse, in this analogy it essentially gambled with the assets in the customers’ safe deposit boxes, and the legal system placed the creditors of the bank above the safe deposit box holders.

Still think the FDIC will protect the derivative and account holders?  JP Morgan Chase has $1.1 trillion ($1,100 Billion!) in deposits and Bank of America also has over $1 trillion ($1000 Billion!). Again, remember that gambler, JP Morgan Chase has about $70 TRILLION in bets out there, but is holding only about $1 Trillion in deposits and another Trillion in assets. It has made bets with a value approximately 35 times all the money it has access to. Again, this is YOUR money they are betting with, not their money.  Bank of America also has about 30 times its assets in derivative bets. Citigroup and Wells Fargo each have over $900 billion each in deposits and also have many times their assets in derivative bets. Once these bets start going bad, there is no way the banks can cover them. The FDIC has only $33 billion available to insure deposits. That means that once any one of these banks fails, the FDIC has less than 3% of the money needed to cover the depositors. If any one of these big banks fails, these banks are so interconnected that it is also likely to bring down the other large banks. In fact both Bank of America and JP Morgan Chase have moved their riskiest derivatives from their uninsured trading houses to the FDIC insured subsidiaries, which are their retail banks, putting the funds in those accounts at a significantly increased risk.  Once even one of these biggest banks experiences a derivative meltdown, there is not enough money in the FDIC or probably even the U.S. Treasury to cover the losses. Still think Cyprus cannot happen to you?

If you are a public official who has responsibility for protecting public money, you probably have that money deposited into an account with one of the largest banks. Do you still believe that money is safe? Are you doing your fiduciary duty to protect that money in the public interest? So as a government official in charge of finances, what are your options?

One option is to start a public bank such as the Bank of North Dakota. First public banks do not gamble with derivatives and the Bank of North Dakota thrived during the crisis of 2008. Not only will you get the safety of the money for which you have responsibility for, but other advantages to this approach include: the ability to provide interest free or low interest loans for public infrastructure projects, the ability to create jobs, generate revenue, and build up the local community. This article clearly explains some of the huge advantages of financing your projects using a public bank.

Consider this – if you buy a home for $100,000, by the time you have paid the mortgage in full, the total cost will have been close to $300,000. Consider the absurdity of paying those who build the home and provide the raw materials $100,000, and paying the financiers $200,000 for money that was not even theirs. This makes little sense. The same principle applies if a state, county, or municipality wants to build a road, school, bridge, or other infrastructure. They need to go to Wall Street for financing at high interest rates. However they could form their own bank and finance the project at zero or near zero interest.  The projects would cost less than half and the finance costs would not be siphoned out of the community, impoverishing it, and ending up on Wall Street or in Cayman Island tax shelters. The finance costs would stay in the community.

Think of the things that could be accomplished if you could eliminate debt service as a line item in your budget! The money deposited in the public bank would be safe and would serve the local community. You could use the public bank to refinance existing debt at zero or near zero percent interest. You could lower tax rates! This idea has such appeal that currently there are initiatives in 20 states to start public banks.


Get your money out before the next crisis by Rudy Avizius

I f you are a public official with a fiduciary responsibility to protect public funds and one of these large banks fails and you lose the public money, think of the consequences that will arise once the public becomes aware that you did not heed the warnings that Cyprus provided. Think of the consequences that will arise when the public becomes aware that you did not consider alternatives to the big vulnerable banks. It is time to bring home the money from Wall Street where it is at risk. If there is a derivative crash, try meeting your payroll with stock equity (in a failed bank).   The impact of not meeting a payroll will be both immediate and forceful. It is vital to get that money out of Wall Street BEFORE the next meltdown.

To those public officials who are truly interested in serving their communities, this is your moment. This is your time to step up to the plate. Be bold, be innovative, and empower your communities. You owe this to your fellow citizens, your children and your future. Visit this website to learn more about the possibilities that public banking offers, to learn how to get started, and where to find help in implementation. You are not alone of you wish to make this happen.

If you are an individual saver who wants to protect your money, you need to move your money out of the big banks because that is where it is most vulnerable. Move your money into local community banks or Credit Unions. This will help your local banks as well as your community by keeping the money local. It is also important to MOVE YOUR DEBT to these local banks as well. The way bank accounting works, a deposit is actually considered a liability to the bank, while a loan is an asset on its accounting ledger. (I know this sounds convoluted, but this is the way it is). By moving your debt to the local banks, you create assets for them as well as helping your local community. While there are no guarantees that a smaller bank could survive the crash of one or more of the bigger banks, very few of the small banks have gambled with the super-priority derivatives. This is huge advantage that at provides insulation from the large banks.

So, consider yourself warned, money is not safe in the big banks. The MF Global losses, the Cyprus confiscations, the Sentinel case, the FDIC/BOE Joint Paper, the plans in the European Union, Canada, New Zealand, and Spain to raid private accounts, and finally the information in this article should be raising all sorts of red flags. HOW MANY WARNINGS DO YOU NEED? Personal accounts, as well as any school, municipal, county, and state funds that are deposited in any of the big banks are not safe. The plans for confiscation have already been developed, they have been approved, they are awaiting the next crisis.

Ask your public official in charge of finance where they keep YOUR taxpayer money!

Ask them if they have researched the public banking option! Do not accept no for an answer, ask them why. If they say that you do not understand these things, tell them to explain it to you.

After all, this is your money that you worked so hard for, so don’t let the big gamblers from Wall Street use YOUR personal or taxpayer money to cover THEIR losses. These big bankers are money addicts, they have no appreciation of how much work went into making that money. They do not care about you or your money, all they care about is their addiction. Don’t let public officials continue to put your taxpayer money at risk with these gamblers, just because this is how it has been done in the past.
ABOUT THE AUTHOR

Rudy Avizius is a former educator and school administrator. He has been following the economic situation and the subsequent collapse for a decade now. He is concerned that the current economic, social, and environmental course we are on is not sustainable, and the time for real change is running out.




Hey, MSM: All Journalism is Advocacy Journalism

Glenn Greenwald
Glenn Greenwald
AP Photo/Vincent Yu

pointed out on HuffPo, isn’t Sorkin the guy who’s always bragging about how close he is to top bankers and parroting their views on things? This is a man who admitted, in print, that he only went down to Zucotti Park after a bank C.E.O. asked him, “Is this Occupy thing a big deal?”

NYT's media turd Sorkin: he knows which side his bread is buttered and it's not by serving the public.

Mega media turd Sorkin: he knows which side his bread is buttered and it’s not by serving the public.

(Sorkin’s reassuring response: “As I wandered around the park, it was clear to me that most bankers probably don’t have to worry about being in imminent personal danger . . .”)

And when Senator Carl Levin’s report about Goldman’s “Big Short” and deals like Abacus and Timberwolf came out, it was Sorkin who released a lengthy screed in Dealbook defending Goldman, one I instantly recognized as being nearly indistinguishable from the excuses I’d heard from Goldman’s own P.R. people.

But the biggest clue that Sorkin’s take on Greenwald was no accident came in the rest of that same Squawk Box appearance (emphasis mine):

I feel like, A, weve screwed this up, even letting him get to Russia. B, clearly the Chinese hate us to even let him out of the country.

I would arrest him . . . and now I would almost arrest Glenn Greenwald, who’s the journalist who seems to want to help him get to Ecuador.

We? Wow. That’s a scene straight out of Malcolm X. (“What’s the matter, boss, we sick?”) As a journalist, when you start speaking about political power in the first person plural, it’s pretty much glue-factory time.

The irony of all of this is that this whole discussion is taking place in a phony “debate” that’s now being cooked up about the legitimacy of advocacy journalism, which is exactly what Sorkin practices when he goes down to Zucotti Park on behalf of a bank CEO or when he talks about how “we” screwed up, letting Snowden out of the country. Preposterously, they’ve made the debate about Glenn Greenwald, who absolutely does practice advocacy journalism. But to pretend he’s the only one is lunacy.

All journalism is advocacy journalism. No matter how it’s presented, every report by every reporter advances someone’s point of view. The advocacy can be hidden, as it is in the monotone narration of a news anchor for a big network like CBS or NBC (where the biases of advertisers and corporate backers like GE are disguised in a thousand subtle ways), or it can be out in the open, as it proudly is with Greenwald, or graspingly with Sorkin, or institutionally with a company like Fox.

But to pretend there’s such a thing as journalism without advocacy is just silly; nobody in this business really takes that concept seriously. “Objectivity” is a fairy tale invented purely for the consumption of the credulous public, sort of like the Santa Claus myth. Obviously, journalists can strive to be balanced and objective, but that’s all it is, striving.

Try as hard as you want, a point of view will come forward in your story. Open any newspaper from the Thirties or Forties, check the sports page; the guy who wrote up the box score, did he have a political point of view? He probably didn’t think so. But viewed with 70 or 80 years of hindsight, covering a baseball game where blacks weren’t allowed to play without mentioning the fact, that’s apology and advocacy. Any journalist with half a brain knows that the biases of our time are always buried in our coverage.

Like many others, in my career I decided early on that I’d rather be out in the open about my opinions, and let readers know what my biases are to the extent that I can. I recognize, however, that there’s value in the other kind of reporting, where papers like the Times strive to take personal opinions out of the coverage and shoot for a “Just the facts, Ma’am” style. The value there is that people trust that approach, and readers implicitly enter into a contract with the newspaper or TV station that takes it, assuming that the organization will honestly try to show all points of view dispassionately.

Some organizations do a great job of that, but others often violate that contract, and carefully choose which “Just facts” to present and which ones to ignore, so as to put certain political or financial interests in a better light. But that doesn’t mean the approach per se is illegitimate. It’s just different.

What’s frightening now is that we suddenly have talk from people who ought to know better, not only advancing the childish lie that Glenn Greenwald and his ilk are the world’s only advocacy journalists, but also that the legitimacy of such journalists is even in question.

Gregory, I later found out, shamelessly went there in his exchange with Greenwald, saying, “Well, the question of who’s a journalist may be up to a debate with regards to what you’re doing.”

But even crazier was a subsequent Washington Post article, also cited by Cohen, entitled “On NSA disclosures, has Glenn Greenwald become something other than a reporter?” The article was unintentionally comic and surrealistic because despite writer Paul Farhi’s above-the-fray tone, the mere decision to write such a piece is a classic demonstration of the aforementioned brand of hidden-bias, non-advocacy advocacy.

I mean, why not write exactly the same piece, but ask whether Andrew Ross Sorkin or David Gregory in this scandal has become something other than a reporter? One could make exactly the same argument using the behaviors of those two as the hook. The editorial decision to make it about Glenn was therefore a major piece of advocacy, despite the “agnostic” language employed in the piece (straight-news editors love the term “agnostic” and hilariously often think it applies to them, when in fact they usually confine their doubts to permitted realms of thought).

The Post piece was full of the usual chin-scratching claptrap about whether it’s appropriate for journalists to have opinions, noting that “the line between journalism – traditionally, the dispassionate reporting of facts – and outright involvement in the news seems blurrier than ever.”

This is crazy – news organizations are always involved in the news. Just ask the citizens of Iraq, who wouldn’t have spent the last decade in a war zone had every TV network in America not credulously cheered the White House on when it blundered and bombed its way into Baghdad on bogus WMD claims. Ask Howard Dean, whom I watched being driven literally bonkers by the endless questions posed by “dispassionate” reporters about whether or not he was “too left” or “too strident” to be president, questions they were being spoon-fed in bars along the campaign trail late at night by Democratic Party hacks who resented the fact that Dean went through outside channels (i.e. the Internet) to get campaign funding, and in his speeches was calling out the Dems’ pathetic cave-in on the Iraq issue.

Even worse was this quote in the Post piece from a University professor:

Edward Wasserman, dean of the University of California at Berkeley’s journalism school, said having a “social commitment” doesn’t disqualify anyone from being a journalist. But the public should remain skeptical of reporters who are also advocates. “Do we know if he’s pulling his punches or has his fingers on the scale because some information that he should be reporting doesn’t fit [with his cause]?” Wasserman asked in an interview. “If that’s the case, he should be castigated.”

Wasserman, the piece pointed out, noted that he hadn’t seen such cause for alarm in Greenwald’s case. But even so, his opinion is astonishing. We should be skeptical of reporters who are advocates, because they might be pulling punches to advance a cause?

Well . . . that’s true. But only if we’re talking about all reporters, because all reporters are advocates. If we’re only talking about people like Glenn Greenwald, who are open about their advocacy, that’s a crazy thing to say. People should be skeptical of everything they read. In fact, people should be more skeptical of reporters who claim not to be advocates, because those people are almost always lying, whether they know it or not.

The truly scary thing about all of this is that we’re living in an age where some very strange decisions are being made about who deserves rights, and who doesn’t. Someone shooting at an American soldier in Afghanistan (or who is even alleged to have done so) isn’t really a soldier, and therefore isn’t really protected by the Geneva Conventions, and therefore can be whisked away for life to some extralegal detention center. We can kill some Americans by drone attacks without trial because they’d ceased to have rights once they become enemy combatants, a determination made not collectively but by some Star Chamber somewhere.

Some people apparently get the full human-rights coverage; some people on the other end aren’t really 100 percent people, so they don’t.

That’s what makes this new debate about Greenwald and advocacy journalism so insidious. Journalists of all kinds have long enjoyed certain legal protections, and those protections are essential to a functioning free press. The easiest way around those protections is simply to declare some people “not journalists.” Ten years ago, I would have thought the idea is crazy, but now any journalist would be nuts not to worry about it. Who are these people to decide who’s a journalist and who isn’t? Is there anything more obnoxious than a priesthood?

MATT TAIBBI is the main reason for reading Rolling Stone. 

Read more: http://www.rollingstone.com/politics/blogs/taibblog/hey-msm-all-journalism-is-advocacy-journalism-20130627#ixzz2XjNACEQc
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Treason

Power Over People
by ROB URIE

SUGGESTED BY ROVING EDITOR GUI ROCHAT 

Gen. Smedley Butler, "The Fighting Quaker," perhaps the greatest soldier this country has produced. A Marine, in his later years he came to realize what he had been used for and denounced it righteously and with unparalleled courage. An example for our military.

Gen. Smedley Butler (USMC).

U.S. military adventures have historically combined imperial ambition—the acquisition of territory and colonies, limiting the reach of competing empires and ‘acquiring’ economic resources—‘natural’ resources, existing economic infrastructure and labor, under advantageous terms. The U.S. orchestrated coup in Honduras was for United Fruit, in Chile for ITT, Kennecott and Anaconda Copper and the CIA’s ‘war of attrition’ against Nicaragua in the 1980s to undo the nationalization of Coca Cola facilities. The botched war on and occupation of Iraq was a continuation of imperial designs on Middle Eastern oil by the U.S. and Britain dating from the early twentieth century. All of these and many, many more conflated the economic interests of particular U.S. ‘based’ corporations with the ‘national interest.’

Selling wars of economic conquest as ‘democracy’ and / or ‘freedom’ was an open joke amongst Washington elites for the bulk of recent decades. Presidents hired advertising agencies to devise ‘marketing’ schemes to sell their wars. The visible idiocy of these schemes fed on the psychological trauma fear-mongering and regular mass slaughters in the ‘national interest’ caused the purposely-misinformed populace. The Cold War was perpetuated by successive administrations because the contrived bogeyman of ‘communism’ had been so effectively sold in support of Western economic predation.

By putting a ‘political’ patina on imperial wars the hoax / fallacy of political morality became a fundamental part of the American story. And the irony of cynical demagogues selling botched foreign policy as ‘they hate us for our freedoms’ meets its match in dim corporate-state fascists selling totalitarian surveillance to ‘protect’ us from the consequences of botched foreign policy.

[pullquote]

Gen. Smedley Butler, “The Fighting Quaker,” perhaps the greatest soldier this country has produced. A Marine, and by character incorruptible, in his later years he came to realize he had been used by Wall Street to bring imperialism to the poor in the Third World and denounced it righteously and with unparalleled courage. An example for our military. A thinking, moral military is the worst nightmare for the corrupt elites running the show today [/pullquote]

It is in this historical context [that] recent disclosures of ‘classified’ government documents led to charges of treason against those making them—Edward Snowden, Bradley Manning and others, by ‘official’ Washington. Treason is yet another well-sold term popularly meaning the knowing betrayal of ‘the nation’ as legal construct, historical artifact and broad set of social relations. Those making the charge, President Obama and prominent Senators and Representatives, proclaim themselves empowered to make it as Marketers-in-Chief of imperial power. Deference to unity in ‘nation’ through the charge of treason is a sleight-of-hand to peel-off those the current chair-occupiers of empire wish to exile.

It is no accident the first line of attack against Mr. Snowden was to impugn his credibility by arguing he was a ‘high school dropout’ and a ‘lowly analyst.’ In the first place, this is irrelevant to the disclosures—they in no way depended on Mr. Snowden’s ‘credentials’ because if they did, and the official line was he lacked the credentials to be a credible ‘leaker,’ then he also lacked the credentials to be treasonous. (If what was leaked wasn’t credible then charges of treason are moot). The received wisdom in this attack was to diminish Mr. Snowden’s standing. But the more likely explanation was to separate the right to ‘treason’ into classes of those with and without the right. President Obama and Senator Diane Feinstein claim the right to create law at their whim, break existing laws at their whim and commit ‘treason’ at their whim and they don’t want ‘just anyone’ impinging on their territory.

The American public largely supports this view, but on what basis? Part is no doubt the inculcated premise America is classless, and therefore political-economic power accrues to those who ‘deserve’ it. But as the political and economic catastrophes of recent years amply illustrate—the war on and occupation of Iraq and the financial ‘crisis’ requiring trillions in public largesse to (faux) rectify, fools, liars and thieves are just as likely to inhabit the rarefied environs of power as those who ‘merit’ it. (That this leadership is largely inherited suggests societies ‘winners’ come from a decidedly pedestrian gene pool). And evolving from modern history, the notion of common interests in governance was always a play to American gullibility—Ms. Feinstein and Mr. Obama aren’t arguing they better serve the public interest through acting against the Constitution, they argue they have the power to do so and others (Snowden, Manning) don’t. Only the riff-raff need explain themselves goes the thinking.

The evidence of class bases for laws, policing and incarceration resides in plain sight here in the U.S. In addition to the history of U.S. military power being used in corporate interests, bankers and their representatives wrote the banking laws that led to recent catastrophe and they are writing the laws to ‘rectify’ the laws they previously wrote. The official rationale is they know best how to operate ‘their’ businesses despite the fact they still exist on the public dole from their last catastrophe. Several decades ago the policing of business and the rich was abandoned under ‘deregulation’ while the policing of the poor and social ‘out’ groups was militarized and made increasingly intrusive. And representation in the jails and prisons is overwhelmingly of social ‘out’ groups and those who can’t afford competent legal representation (a/k/a the poor). In claiming their right to decide their own laws and to stand outside of effective policing and incarceration, Barack Obama, Diane Feinstein et al are the political representatives of the ruling class.

So again, it isn’t ‘treason’ or ‘crimes’ Mr. Obama and Ms. Feinstein are reacting to—it is the impudence of ‘the help’ exposing the workings of the political-economic elite to those who might (correctly) see themselves on the other side of them. Mr. Obama’s and NSA chief Keith Alexander’s attempts to link illegal NSA spying on Americans to ‘thwarted’ terrorist attacks had no content behind them. They do however have the history of cynical insiders using contrived ‘others’ to sell their personal and class agendas behind them. This makes the ‘treason’ charged by official Washington acts against the ruling class, not against ‘the nation.’ To be clear, official Washington sees acts by political and economic elites against the rest of the citizenry—domestic spying, illegal murder of citizens and economic predation, being in the public interest and disclosure of those that might challenge ruling class power as against the ‘public’ interest.

Media turd David Gregory: using the royal "we" to hide the ruling class interest.

NBC media turd David Gregory: Using the royal “we” to hide the ruling class interest.

Likewise, there appears eternal mystery on the part of the compassionate right—liberals and progressives, why the corporate media are tools of corporate leaders and their servants in government. It is no accident Andrew Ross Sorkin, Jeffrey Toobin and David Gregory use the royal ‘we’ to conflate their interests as rich, connected, white ‘journalists’ with those of Mr. Obama and Ms. Feinstein. The received wisdom is ‘access’ to elite sources behind the ‘affectation,’ but it is no affectation. The strategy to ‘universalize’ narrow interests through the use of totalizing language (‘we’) is class politics 101. These ‘journalists’ are responding to disclosure of class ‘secrets’ that threaten their privilege, not to acts against the public interest. (‘Access’ is to report what elites say, not what they do (a/k/a journalism) and these brave folk have a greater chance of dying from choking on Jell-O than from terrorist attacks).

Western economists and politicians have explained the past several decades in terms of economic policies as if these policies are disconnected from the architecture and actions of ‘government.’ The bank ‘bailouts’ are seen in isolation from the treatment bank ‘customers’ subsequently received through bank-friendly government policies. Much has been made of the vast quantities of public resources handed the banks without meaningful constraints while the astounding misery and economic harm fraudulent foreclosure ‘prevention’ programs (HAMP) caused ‘ordinary’ citizens are treated as accidents caused by poor management. And in fact, dim elites (Timothy Geithner) argued using bailout money to buy down the negative equity resulting from the housing crash risked ‘moral hazard’ while unconstrained handouts to bankers demonstrated to be corrupt and / or incompetent didn’t. The class bases for these claims couldn’t be more obvious.

Likewise, positioning the rich as ‘job creators’ places them as necessary to the functioning of ‘the economy’ just as Mr. Obama and Ms. Feinstein place their ‘right’ to murder citizens and illegally spy on us as in the public interest. In recent decades the rich—inherited wealth, corporate executives and financiers, have accrued great fortunes through ‘rentier’ income dependent on economically inefficient (in capitalist economics) market power. Market power is contrary to economic democracy the same way totalitarian government is to political democracy. However, as regressive tax cuts, bank bailouts and government policies to diminish the power of labor demonstrate, it is the rich who are driving government policy. This can be seen through the privatization of state functions—a transfer from public to private coffers, and through the merging of state and private law making (ALEC), policing and imprisonment.

Through his ‘Insider Threat’ program to force government workers to turn one another in for the ‘treason’ of unofficial disclosures President Barack Obama is proving himself the most cynical tool of corporate-state interests in recent history. The premise again is it is one’s position in the corporate-state bureaucracy that determines whether actions are in the public interest, not the actions themselves. The practical effect is to shove all power up the ‘chain of command’ because it is only the ruling class that has state sanction to ‘act in the public interest,’ meaning their own. Put another way, the policy is to redefine the public interest as what the ruling class says it is regardless of political-economic effect. L’etat, c’est moi is historically the realm of absolute monarchs and tyrants. I put this to his dwindling supporters where this leaves Mr. Obama (and the rest of imperial Washington).

But again, the government is but a tool of the rich. The anti-statists on the right have the relation of tyranny backwards—capitalism isn’t freedom from the state, it is the crafting of the state to work in ruling class interests. Barack Obama and Diane Feinstein aren’t calling Mitt Romney and Apple Computer treasonous because they avoid paying the taxes on which the government depends. They, like the angry rubes on the corporate-libertarian right, laud inherited wealth, corporate executives and financiers, and all of their actions are toward consolidating their wealth and power while diminishing that of the rest of us. Edward Snowden and Bradley Manning aren’t traitors; they are good citizens who assumed the social responsibility to act in the public interest against ruling class interests. The political framing of their actions as ‘treason’ is an effort at willful misdirection.

What the liberals and progressives still unsure of what to make of the disclosures of ‘kill lists’ and NSA spying on American citizens don’t appear to understand is if you aren’t clearly on the inside you’re on the outside– the declared enemies of Mr. Obama and Ms. Feinstein, through these programs. Cornel West frames it well as ‘we are all suspects now.’ You can blithely assume you have nothing to hide but that misses the purpose of the murder and spy programs—they are to create terror (and corporate profits), not to destroy it. If you don’t understand how pervasive, intrusive and insidious these programs are, yet still support ‘official’ Washington, you deserve what you get. The rest of us would benefit from joining with our comrades around the globe on the side of imperial power Washington and Wall Street has placed us on.

Rob Urie is an artist and political economist in New York. His book, Zen Economics, will be published by CP/AK Press in 2014.




Washington Is Driving The World To The Final War

BY PAUL CRAIG ROBERTS

 v-for-vendetta“V For Vendetta,” a film that portrays evil in a futuristic England as a proxy for the evil that exists today in America, ends with the defeat of evil. But this is a movie in which the hero has super powers. If you have not seen this film, you should watch it. It might wake you up and give you courage. The excerpts below show that, at least among some filmmakers, the desire for liberty still exists. 

Whether the desire for liberty exists in America remains to be seen. If Americans can overcome their gullibility, their lifelong brainwashing, their propensity to believe every lie that “their” government tells them, and if Americans can escape the Matrix in which they live, they can reestablish the morality, justice, peace, freedom, and liberty that “their” government has taken from them. It is not impossible for Americans to again stand with uplifted heads. They only have to recognize that “their” government is the enemy of truth, justice, human rights and life itself. Can mere ordinary Americans triumph over the evil that is “their” government without the aid of a superhero? If ideas are strong enough and Americans can comprehend them, good can prevail over the evil that is concentrated in Washington. What stands between the American people and their comprehension of evil is their gullibility. 

If good fails in its battle with Washington’s evil, our future is a boot stamping on the human face forever.

http://www.youtube.com/watch?v=KKvvOFIHs4k&feature=youtu.be 

http://www.youtube.com/watch?v=_-gHVGOoE48 

If you, an American, living in superpower America lack the courage to stand up to the evil that is “your” government, perhaps the courage of Edward Snowden, Bradley Manning, Julian Assange, and tiny Ecuador will give you heart.

A US senator from New Jersey, Robert Menendez, the Democratic chairman of the Senate Foreign Relations Committee, told the Ecuadoran government that he would block the import of vegetables and flowers from Ecuador if Ecuador gives asylum to Edward Snowden. The cost to Ecuador would be one billion dollars in lost revenues.

Menendez’s statement–”Our government will not reward countries for bad behavior”–is ironic. It equates bad behavior with protecting a truth-teller and good behavior with betraying a truth-teller. Menendez’s statement is also a lie. The US government only rewards bad behavior. The US government consistently rewards those who conspire against the elected governments of their own countries, setting them up as dictators when Washington overthrows the elected governments. 

Menendez’s threat did not work, but the senator did succeed in delivering yet another humiliating blow to Washington’s prestige. The Ecuadoran President, Rafael Correa, beat Menendez to the punch and cancelled the trade pact with the US on the grounds that the pact was a threat to the sovereignty of Ecuador and to moral principles and was being used by Washington to blackmail Ecuador. “Ecuador doesn’t accept pressure or threats from anyone,” added Communications Secretary Fernando Alvarado who then offered Washington foreign aid to provide human rights training to combat torture, illegal executions and attacks on peoples’ privacy. 

Washington, exposed with its hand in the cookie jar devouring the privacy of the entire world and prevented by its hubris from acknowledging its illegal behavior and apologizing, has so mishandled the Snowden affair that Washington has done far more damage to itself than occurred from Snowden’s revelations. Washington has proven conclusively that it has no respect for anyone’s human rights, that it has no respect for any country’s sovereignty, that it has no respect for any moral principles, especially those it most often mouths, and that it relies on coercion and violence alone. The rest of the world now knows who its enemy is.

Washington’s presstitutes, by helping Washington demonize Snowden, Glenn Greenwald, Manning, Assange, and Ecuador, have demonstrated to the world that the US media is devoid of integrity and that nothing it reports can be believed. The US print and TV media and NPR comprise a ministry of propaganda for Washington’s immoral agendas. 

On June 24, the Stasi State’s favorite whore, the Washington Post, denounced three times democratically-elected Rafael Correa as “the autocratic leader of tiny, impoverished Ecuador,” without realizing that the editorial not only demonstrated the Washington Post’s lack of any ethics whatsoever but also showed the entire world that if “tiny, impoverished Ecuador” can stand up to Washington’s threats, so can the rest of the world.

President Correa replied that the Washington Post “managed to focus attention on Snowden and on the ‘wicked’ countries that support him, making us forget the terrible things against the US people and the whole world that he denounced.” Correa added that Washington’s “world order isn’t only unjust, it’s immoral.”

The reason Washington hates Correa has nothing to do with Snowden. That Ecuador is considering asylum for Snowden is just an excuse. Correa is hated, because in the second year of his first term he repudiated the $3 billion dollar foreign debt that corrupt and despotic prior regimes had been paid to contract with international finance. Correa’s default threat forced the international financial gangsters to write down the debt by 60 percent. 

Washington also hates Correa because he has been successful in reducing the high rates of poverty in Ecuador, thus building public support that makes if difficult for Washington to overthrow him from within. 

Yet another reason Washington hates Correa is because he took steps against the multinational oil companies’ exploitation of Ecuador’s oil resources and limited the amount of offshore deposits in the country’s banks in order to block Washington’s ability to destabilize Ecuador’s financial system.

Washington also hates Correa for refusing to renew Washington’s lease of the air base in Manta.

Essentially, Correa has fought to take control of Ecuador’s government, media and national resources out of Washington’s hands and the hands of the small rich elite allied with Washington. It is a David vs. Goliath story. 

In other words, Correa, like Venezuela’s Chevez, is the rare foreign leader who represents the interests of his own country instead of Washington’s interest. 

Washington uses the various corrupt NGOs and the puppet government in Colombia as weapons against Correa and the Ecuadoran government. Many believe that it is only a matter of time before Washington succeeds in assassinating Correa. 

American patriots, who feel that they should be on “their” government’s side regardless of the facts, would do well to remember what true patriotism is. For Americans, patriotism has always meant allegiance to the Constitution, not to the government. The oath is to defend the Constitution against enemies domestic and foreign. The Bush and Obama regimes have proven themselves to be the Constitution’s worst enemies. It is not possible for a true patriot to support a government that destroys the Constitution. The United States is the Constitution. Our country is not the Obama regime, the Bush regime, or some other administration. Our country is the Constitution. The Constitution is our country.

Beyond obligations to one’s own country, all humans have a responsibility to human life itself. Washington’s puppet states, such as the NATO countries, Japan, and Colombia, by providing cover and support for Washington’s aggression are enabling Washington to drive the world into World War III. 

The temptation of Washington’s money easily overwhelms weak characters such as Tony Blair and David Cameron. But the governments of NATO countries and other accommodating states are not only selling out their own peoples by supporting Washington’s wars of aggression, they are selling out humanity. Washington’s hubris and arrogance grow as Washington bumps off country after country. Sooner or later Russia and China, will realize that they themselves are targets and will draw firmer lines. Arrogance will prevent Washington from acknowledging the lines, and the final war will be launched.

Washington’s hegemonic impulse is driving the world to destruction. The peoples of the world should realize this and force their governments to stop enabling Washington’s aggression. 

ABOUT THE AUTHOR
A former member of Ronald Reagan’s cabinet, a professor of economics, and an editor at major mainstream publications, including the Wall Street Journal, Paul Craig Roberts is today one of the most forceful voices for sanity, integrity and truth in the United States. 




How Much Change on Climate Change?

(((( T h e B u l l e t ))))
A Socialist Project e-bulletin …. No. 844 …. June 29, 2013
Chris Williams

The vast majority of people own no significant amount of stocks or other financial assets. Every single person breathes air. Every single person depends on the growing of food and the nutrition it provides to stay alive. We can’t live underwater. From these axioms, we should be able to divine a sense of what rational societal priorities reflect and emphasize.

The performance of the stock market and various associated financial services, though they hold no meaning to most people, are nevertheless referenced constantly, 24/7: rolling tickers, television programs, radio announcements and wall-to-wall newspaper coverage. Impossible to escape – my phone won’t even let me delete the stocks app with which it came loaded.

Conversely, the news in May that carbon dioxide levels had broken through the symbolic barrier of 400 parts per million (ppm) – a level not seen since the beginning of our species’ evolution on planet Earth, three million years ago – caused a barely perceptible ripple in the mass media.

As climate blogger Joseph Romm has argued, a large part of the reason for this can be laid at the door of the Obama presidency because “the net effect of the political incompetence and the messaging failure has been to turn the issue of the century into a virtual non-issue, which in turn has allowed the major media to all but ignore it, too.”

Existential Threat to Human Civilization

It is by these criteria – that climate change poses an existential threat to human civilization – that we should judge President Obama’s speech on climate on June 25, and set it within the context of his five years in power. This is a position he himself argued for during his speech when he said that we need to “be more concerned with the judgment of posterity” than short-term political considerations.

[pullquote] Obama’s dismal domestic and international track record on environmental issues – it was, after all, he who was the lead protagonist in wrecking the international climate talks in Copenhagen in 2009 – and his commitment to U.S. imperial power as a representative of American corporate interests surely point toward the need for a greater and more thoroughgoing critique than a character assessment of the man himself allows for. [/pullquote]

So is Obama, in the words of World Resource Institute President Andrew Steer, really “resetting the climate agenda” and can we honestly say that “it’s a wonderful thing to see that he is really reclaiming this issue”?

While many other environmentalists, including Bill McKibben of 350.org, are fervently hoping that this is true, history and facts demonstrate otherwise. Obama’s dismal domestic and international track record on environmental issues – it was, after all, he who was the lead protagonist in wrecking the international climate talks in Copenhagen in 2009 – and his commitment to U.S. imperial power as a representative of American corporate interests surely point toward the need for a greater and more thoroughgoing critique than a character assessment of the man himself allows for.

Furthermore, it’s hard to take someone seriously when that person has presided over the biggest expansion of the security state in U.S. history and relentlessly pursued government whistleblowers with unprecedented ferocity, and they say simultaneously in a climate speech that they are directing the EPA (Environmental Protection Agency) to generate new standards for the regulation of existing power plants in “an open and transparent way.”

With a more systematic, broader analytical framework, unimpeded by misty visions of an Obama rebirth as a climate champion, one immediately recognizes the inadequacy of his Action Plan on Climate Change to keep the planet below the critical threshold of 2 degrees Celsius of average warming.

This needs to be acknowledged, even as we welcome the fact that – after a five-year hiatus, including a re-election campaign where he never even mentioned climate change – Obama has been forced to re-engage with the central issue of our time by the power of grassroots protest, even to the extent of referencing the divestment movement and the fight against the Keystone XL (KXL).

Rather than celebrating Obama’s renewed ‘commitment’ to environmental action, we should recognize it for what it is: After five years of doing all he can to promote fossil fuel production, it’s the first, timid, grudging response of the U.S. state to the growing environmental movement against Obama and all that he represents: the economic, political and military priorities of U.S. imperial power.

The growth of the environmental movement and its threat to U.S. imperial and corporate interests has been well catalogued, tracked and, as we now know, extensively spied upon by the U.S. security apparatus. After reporting on a raft of documentary evidence to this effect, Dr. Nafeez Ahmed writes in the Guardian:

“The Pentagon knows that environmental, economic and other crises could provoke widespread public anger toward government and corporations in coming years. The revelations on the NSA’s global surveillance programs are just the latest indication that as business as usual creates instability at home and abroad, and as disillusionment with the status quo escalates, Western publics are being increasingly viewed as potential enemies that must be policed by the state.”

There is, therefore, the overriding requirement that we continue to build the movement independent of the limitations imposed by the Democratic Party, until we achieve the kind of changes that are actually necessary to prevent catastrophic climate change, by stitching together all forces aimed at this objective.

The biosphere of which humans are a part cannot afford half measures or rely on dubious ‘friends’ in high places. Nor can we set our sights any lower than the swift dismantling of the fossil-fuel infrastructure of death and its replacement with publicly owned and democratically controlled clean energy systems. As many studies have shown, this is eminently doable with current technology and will create millions of worthwhile jobs through the generation of genuinely renewable energy from sources such as wind and solar power, alongside massive energy efficiency and conservation measures.

Such a transformation is far less utopian than believing that capitalism can solve the problem that it created. Such a transition cannot mean a continuation or expansion of the criminal agro-fuel production, still less the increase in natural gas production through fracking, the continuation of nuclear power and the entirely ridiculous concepts of ‘clean coal’ and carbon capture and storage, all of which Obama includes as part of his planned solution.

Collective Indifference

The fact that Obama is using executive authority to attempt to push through some changes to U.S. energy and climate policy, most significantly new rules on existing power plants, is a reflection not of strength, but of his preceding weakness on the issue, turning it from a positive into a negative, as the right wing has made all the running.

Notwithstanding the catastrophic climate change that levels above 350 ppm of carbon portend and have already initiated – as droughts, floods, crop failures, super-storms and wildfires become the ‘new normal’ across the globe from Australia to India, from the U.S. to Pakistan – politicians across the political spectrum greeted the news of 400 ppm of carbon with a giant shrug of collective indifference.

While on the one hand Obama’s action plan doesn’t require Congressional approval, and that can be seen as encouraging in the face of an utterly recalcitrant Congress, it is also a flaw. The new rules will be vigorously challenged in the courts, and as and when the other corporate party manages to work out how to win an election again, they can be overturned just as easily, assuming they have even been implemented.

It needs to be highlighted that, in contrast to how Democrats and Obama like to portray the issue, it is not a solidly partisan one. While elected Republicans are certainly more likely to be climate-change denialists, the reality is that things are much more regional and dependent on which state a political representative is from. A much more reliable indicator of whether a state’s representative is pro- or anti- climate change policy and clean energy is whether the state’s economy is directly connected to fossil fuels or ethanol production, rather than whether they are Democrats or Republicans.

And on the ground, where people are forced to deal with the growing ramifications of climate change and the disruption and cost to their lives, the picture is very different. As reported in a recent survey of self-described Republicans and Republican-leaning independents, 62 per cent said the U.S. should address climate change, and 77 per cent said that the U.S. should use more renewable energy sources. This is all the more remarkable given that virtually no political representative from either party has been arguing for these things, and they have certainly not appeared on the TV screens or in the newspapers of the mainstream media.

In contrast to Obama’s glib reference to work being undertaken to prevent Miami from sinking below the waves, Jeff Goodell, writing in Rolling Stone, paints a very different picture, underlining the calamitous reality of climate change in an article cheerily titled “Goodbye Miami.” On our present course, it is not a question of if, but when, the city of Miami – which vies with Las Vegas as the citadel to capitalist non-conformity with nature, along with most of southern Florida – will be underwater:

“South Florida has two big problems. The first is its remarkably flat topography. Half the area that surrounds Miami is less than five feet above sea level. Its highest natural elevation, a limestone ridge that runs from Palm Beach to just south of the city, averages a scant 12 feet. With just three feet of sea-level rise, more than a third of southern Florida will vanish; at six feet, more than half will be gone; if the seas rise 12 feet, South Florida will be little more than an isolated archipelago surrounded by abandoned buildings and crumbling overpasses. And the waters won’t just come in from the East – because the region is so flat, rising seas will come in nearly as fast from the West, too, through the Everglades.”

Quoting Harold Wanless, chairman of the department of geological sciences at the University of Miami, Goodell writes, “Miami, as we know it today, is doomed…It’s not a question of if. It’s a question of when.” Well before that happens, however, Miami faces critical problems with fresh water supply; the treatment and removal of sewage from antiquated sewage treatment facilities, which are already threatened with being overrun during storms; and the highly exposed 40-year-old Turkey Point nuclear plant, described by Philip Stoddard, the mayor of South Miami, as “impossible to imagine a stupider place to build a nuclear plant.”

Of course, the other very ‘big problem’ Florida has is that it is the epicenter of climate change denial, with Florida Sen. Marco Rubio, Gov. Rick Scott and assorted other representatives unmoved by the overwhelming scientific consensus on anthropogenic climate change nor on the reality of their sinking state.

The fact that southern Florida, including unique ecosystems like the Florida Everglades, is on track to become a giant underwater theme park is not an isolated phenomenon. Many of the world’s largest cities are low-lying ports, and 100 million Americans live within 3 feet of (current) high-tide markers. New York City is still recovering from the climate change-enhanced Superstorm Sandy, which, apart from poor or nonexistent planning, was all the more devastating because, as Obama finally noted, sea levels are already 12 inches above where they were 100 years ago – and the process is accelerating.

Lack of Action

Into this context stepped the most powerful man on the planet, President Barack Obama. Promising to “halt the rise of the oceans,” his swirling rhetoric is a match for the fiercest hurricane. It was impossible not to be moved by Obama’s opening remarks, forcefully detailing the perilous condition of our planet, atmospheric pollution and the changes already wrought by global warming from the unrestrained burning of fossil fuels and the resultant increase in atmospheric carbon dioxide concentrations.

But just as importantly, it also raised the question: Where has he been for the last five, wasted years? And if he really believes all that, why is he still equivocating on KXL and signing off on the need for an immense expansion of U.S. corporate and military might in the Arctic to facilitate fossil fuel and mineral extraction?

Obama’s actions over the last five years in power – during two of which, the Democrats had super-majorities in both houses of Congress – even to his most fervent supporters, have been a damp squib.

From boasting about laying enough pipeline to circle the earth “and then some,” to presiding over the massive expansion of coal exports and giving the presidential seal of approval to the further exploitation and development of the Arctic in competition with Russia and other nations, Obama, despite some much-belated moves on fuel economy standards, has quite clearly sided with the fossil fuel industry. His call for the Department of Defense to be run on renewable energy is hardly the way to preserve the planet.

As Romm has further pointed out, Obama’s lack of action on climate was not primarily a result of Republican denial or corporate meddling, but a direct outcome of the policies enacted by the White House:

“Team Obama’s catastrophic climate silence – a silence his White House inanely imposed on much of the progressive and environmental establishment back in 2009 – coupled with his utter failure to push hard for a Senate vote, has turned a winning political ‘wedge’ issue into something that is mistakenly perceived to be a political loser by much of the political establishment. His embrace of an ‘all of the above’ energy strategy, which is to say no strategy at all, has legitimized a massive expansion of fossil fuel production – and export.”

His lack of action in the face of increasingly obvious climate change-related weather events – which legitimizes the continued expansion of fossil fuel production, fracking and exploitation of the Arctic and offshore drilling – and the fact that the U.S. continues to fall behind other countries in the adoption of clean energy systems as a result of Obama’s “all of the above” energy strategy helps explain why many environmentalists have become increasingly disillusioned with Obama.

On the basis of his extremely thin record, Obama nonetheless is still defended by some environmentalists, such as Jonathan Chait in New York Magazine, who penned an article in May entitled “Why Obama Might Actually be the Environmental President,” and David Roberts of Grist, who said that Chait “gets it mostly right.”

However, sections of even the mainstream environmental movement have been forced to adjust their priorities due to the impatience and anger of their membership, and, over the last few months, move toward a more confrontational stance with regard to the president they once unequivocally regarded as sympathetic to their interests. Now is not the time to backtrack and cuddle up to the Democrats, but to forge forward with implacable resolution, building resistance, protests and organization all across the country, while establishing solidarity with those in other countries fighting their own governments’ corporate priorities.

Reinvigorated Environmental Movement

Stop Keystone

Since the re-election of Obama, the environmental movement is the only social movement to date to pull off a national demonstration in the tens of thousands – in Washington, D.C., in February – and it has put hundreds of people on the streets to bird-dog Obama wherever he turns up, in order to voice their opposition to the Keystone XL pipeline. A new movement for campus divestment from fossil fuels has sprung up on hundreds of campuses in a matter of months, and the anti-fracking movement continues to grow all across the country.

Thousands of people have pledged mass civil disobedience should Obama, as expected, sign off on the construction of the rest of the Keystone XL pipeline, in the same manner that he already assented to building the southern portion.

As White House spokesperson Jay Carney commented at the time, KXL is needed because of the ramped-up supply of U.S. oil:

“We support the company’s interest in proceeding with this project, which will help address the bottleneck of oil in Cushing that has resulted in large part from increased domestic oil production…We look forward to working with TransCanada to ensure that it is built in a safe, responsible and timely manner, and we commit to taking every step possible to expedite the necessary federal permits.”

The reason KXL has not already been permitted, therefore, and why the Obama administration has repeatedly delayed its decision, despite its self-declared approval, must be put down to the force of protest by newly invigorated environmentalists. To quote Romm once more, “If Obama truly were the ‘environmental president,’ then Keystone would be a very, very easy decision for him,” and would make protesting him unnecessary.

The change in the political dynamic has created the space for more radical and left-wing arguments to gain traction, with wide layers of activists around the slogan of the new group System Change, Not Climate Change: The Ecosocialist Coalition, which argues for complete independence from the Democratic Party and an emphasis on the systemic nature of the ecological crisis – and thereby the need, ultimately, for a completely different kind of society not driven by profit, warfare, racism and continual expansion.

In reference to this, contrary to preceding reports and in a surprise turn of events, Obama, in a set of remarks quite clearly directed at the environmental movement that has so far refused to back down on KXL, said in his speech that KXL would only receive the go-ahead from him if the pipeline “does not significantly affect carbon pollution.”

Given that tar sands are widely recognized to be far more polluting than even regular oil extraction and processing; that the ripping apart of Indigenous lands and boreal forest large enough to be seen from space; and that the deposits are as large as Saudi Arabia and if developed represent “game over” for the planet, according to NASA climate scientist James Hansen; the immediate next words from Obama’s lips should have inevitably consisted of: “and that’s why I’m not approving KXL.” Instead, a deafening silence ensued.

New Ideas

calling for mass protests of Obama as workers march on the U.S. embassy under the slogan of “NObama.”

In the run-up to his visit, Bongani Masuku, COSATU’s international relations secretary, commented: “Obama is perpetuating American foreign policy. The U.S. is an empire run on behalf of multinational companies and the ruling class of America. U.S. foreign policy is militarizing international relations to sponsor and make their own weapons.”

Masuku added that he is:

“not disappointed because I didn’t expect anything. It’s not about the individual; it’s not about the race he came from. It’s about the class he represents. It’s like he’s the gatekeeper for white monopoly capital. He promised things we knew he wouldn’t be able to do.”

These are words we would do well to learn from in the U.S., as we redouble our efforts, build on our successes and fight the entrenched corporate interests that Obama so faithfully represents. •

Chris Williams is a long-time environmental activist and author of Ecology and Socialism: Solutions to Capitalist Ecological Crisis. This article first appeared on the Socialist Worker website.

#1 Laurel Thompson 2013-06-29 08:46 EDT
Obama’s climate change speech
Super article! Thank you for seeing through the swirly mists created by Obama’s recent speech and reminding us of our ultimate goal — system change. I don’t agree that mass protest is the only way to achieve it. I think we need lobbying and elections too. But the combination of people protesting, chaining themselves to pipelines and camping out at construction sites along with pointed persistent argument to elected representatives who need to hear from the public allows a greater number of people to participate in the transformation.