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CounterCurrents
28/11/07 – Forecast: U.S. Dollar Could Plunge 90 pct

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Climate change: How Poorest
Suffer Most
By Paul Vallely

www.countercurrents.org/vallely281107.htm

Global warming is not a future apocalypse, but a present reality for many of the world’s poorest people, according to the most hard-hitting United Nations report yet on climate change, published yesterday.A catalogue of the “climate shocks” that have already hit the world is set out in the Human Development Report 2007/08. Fewer than two per cent of these have affected rich countries. Europe had its most intense heatwave for 50 years and Japan its greatest number of tropical cyclones in a single year. But far more intense drought, floods and storms than usual have plagued the developing world

US Signs Deal For Long-Term Occupation Of Iraq
By Jerry White

www.countercurrents.org/white281107.htm

President Bush and the Iraqi Prime Minister Nouri Al-Maliki signed an agreement Monday paving the way for the long-term occupation of the Middle Eastern country and its transformation into a semi-colonial protectorate of the US.The “Declaration of Principles for a Long-Term Relationship of Cooperation and Friendship” outlines plans for the establishment of permanent US military bases in Iraq to suppress internal opposition to the US-installed regime and protect US economic and political interests throughout the region. It also provides for preferential treatment for US energy conglomerates and investors to exploit Iraq’s newly opened up oil resources

Forecast: U.S. Dollar Could Plunge 90 pct
By UPI

www.countercurrents.org/upi281107.htm

A financial crisis will likely send the U.S. dollar into a free fall of as much as 90 percent and gold soaring to $2,000 an ounce, a trends researcher said. “We are going to see economic times the likes of which no living person has seen,” Trends Research Institute Director Gerald Celente said, forecasting a “Panic of 2008.”

A Dollar The Size Of A Postage Stamp
By Mike Whitney

www.countercurrents.org/whitney281107.htm

Central banks across the globe are trying to figure out how to ditch their dollar reserves without triggering a stampede for the exits. No one wants to see that. But, then, nobody wants to be stuck with vaults full of Uncle Sam’s green confetti either. So, the question arises; What is the best way to divest oneself of $5.6 trillion (total USD held overseas) before the Lusitania capsizes?

Detentions Escalate In Diwaniyah
By Ali al-Fadhily

www.countercurrents.org/fadhily281107.htm

Detentions have become commonplace in Iraq, but now more than ever before people are being detained after being accused of membership in “militias supported by Iran.”

Requiem For The Lives Lost In Iraq
By David Gespass

www.countercurrents.org/gespass281107.htm

Speech given by David Gespass at Birmingham Alabama. He was invited to address the opening if an exhibit, “ Eyes Wide Open”. The exhibit commemorated the lives lost in Iraq war. It had pairs of boots for every Alabamian GI killed in Iraq and a representative cluster of shoes for the Iraqi dead

How The World Helped Pakistan Build Its Bomb
By Catherine Collins & Douglas Frantz

www.countercurrents.org/collins281107.htm

Khan did indeed overcome the obstacles — with plenty of help from his friends around the world. And he had learned his lesson well. When he was finished helping Pakistan build its bomb, he turned his talents to another kind of globalization — marketing his wares, and those of his associates from Europe, Asia, and South Africa, to a new set of clients

The Right To Our Land Must Be Restored
By Fareed Taamallah

www.countercurrents.org/taamallah281107.htm

Palestinians hope to reach a peace agreement with Israel, and we are cautiously optimistic about the upcoming Annapolis, Maryland conference. But Palestinians are most concerned with getting back their stolen lands. Incorporating settlement blocs like Ariel into Israel is not a viable solution. Ordinary Palestinians will not be able to cope unless their rights are restored

Separate But Unequal In Palestine: The Road To Apartheid
By Mohammed Khatib

www.countercurrents.org/khatib281107.htm

We pray that our children will not spend their lives under Israeli military occupation. We hope that the Annapolis meeting will bring our dreams of freedom closer to fulfillment. But we are concerned that if Israel is allowed to keep most of its settlements and the roads that connect them, then the existing system of “separate but unequal” will be cemented in place in a Palestinian state

Moral Primitivism Anyone? A Satirical Examination
Of An Apologia For Industrialized Torture
By Jason Miller

www.countercurrents.org/miller281107.htm

For a year now I have been an ethical vegetarian. Last Thanksgiving, I made what I thought was an enlightened moral decision to stop eating meat and to severely restrict my egg and dairy consumption. However, an email recently hit my inbox that presents such a powerful argument justifying the wanton torture and slaughter of animals (so we can please our palates) that my moral sensibilities and capacity to reason have been utterly disarmed. Signed with a cryptic “JC,” this missive pummeled me with points I had not even considered when I made what I now rightly view as my ridiculous decision to go “meatless.”

Reviewing “Multinationals On Trial”
By Stephen Lendman

www.countercurrents.org/lendman281107.htm

Reviewing James Petras and Henry Veltmeyer’s “Multinationals on Trial”

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