Kindly forward this newsletter to your friends and encourage them to join this mailing list. www.countercurrents.org/subscribe.htm. And also visit this url and do what you can to popularise CC countercurrents.org/poster.htm
In Solidarity
Binu

Bernanke Warns Of Recession
By Andre Damon & Joe Kay
www.countercurrents.org/kay120108.htm
US Federal Reserve Board Chairman Ben Bernanke warned Wednesday that the US economy is slowing dramatically and broadly hinted that the Fed would aggressively cut interest rates in response, perhaps before its next scheduled policy meeting at the end of January

The Deflation Time Bomb
By Mike Whitney
www.countercurrents.org/whitney120108.htm
When banks don’t lend and consumers don’t borrow; the economy crashes. End of story. The whole system is predicated on the prudent use of credit. That system is now in terminal distress. Everyone to the bunkers. Perhaps the whole “inflation-deflation” debate is academic. The real issue is the length and severity of the impending recession. That’s what we really want to know. And how many people will needlessly suffer

US Carries Out Massive Bombing On Outskirts Of Baghdad
By James Cogan
www.countercurrents.org/cogan120108.htm
The US military unleashed a huge bombardment on the Arab Jubour district just 15 kilometres south-east of Baghdad on Thursday. In the space of 10 minutes, B-1 Stealth bombers and F-16 fighter-bombers pounded 47 targets with 47,500 pounds of high explosive bombs. A military spokesman, Major Alayne Conway, boasted that the operation “was one of the largest air strikes since the onset of the war”. The blasts were seen, heard and felt in the suburbs of Iraq’s capital

Iraq: Less Violent But Not Less Hellish
By Ali al-Fadhily & Dahr Jamail
www.countercurrents.org/jamail120108.htm
U.S. and Iraqi officials claim that security is improving across al-Anbar province and much of Iraq. Security during the last half of 2007 was indeed better than in the period between February 2006 and mid-2007. But this has brought little solace to many Iraqis, because violence is still worse than in 2005 and early 2006

Sustainable Futures
By Ashok Agrwaal
www.countercurrents.org/agrwaal120108.htm
The European notion of expansion, growth, etc, along a linear path was wholly misconceived. This does not negate everything that they thought and did during this period. But it is not possible to make a selection from out of the millions of ideas that emerged from their mindset. The rejection has to be wholesale

Celebrating Collapse: The Coming Adventure – Apocalypse No! Part 5
By Juan Santos
www.countercurrents.org/santos120108.htm
What extraordinary fortune to be here at the close of the drama, and to have the chance to learn from it and to practice within it, to be certain that what we do now really, really counts. We’ll have the chance to learn what it might mean to live as free human beings. It is entirely possible that the coming Crisis will create bonds between us, where nothing else has done so before, the same kind of bonds created by hurricanes, floods and other “disasters.”

The Tower: Breaking The Death Grip Of Profit And Power – Apocalypse No! Part 6
By Juan Santos
www.countercurrents.org/santos120108A.htm
It is worse than anything I can imagine, to be so alone, in a practical sense, almost entirely in the absence of a living community, so alone in being willing to face the meaning of this Time and to prepare for the devastation that awaits. The title of a famous science fiction novel by Harlan Ellison almost captures the feeling: I Have no Mouth and I Must Scream. But that’s not quite it. I have a voice. I am whispering, reasoning, incanting, pleading, screaming – but you have no ears. I’m not telling you “We’re all going to die!” Of course, we’re all going to die. That’s not news. The news is that billions of us are going to die more or less at once. The dying is going to start Soon

Final Winter Of Our Bush Discontent
By Robert S. Becker
www.countercurrents.org/becker120108.htm
No end to wars or scandals, yet deliverance in sight

US Elections: Just Like The Movies
By Ramzy Baroud
www.countercurrents.org/baroud120108.htm
The United States political process bears an uncanny resemblance to mainstream filmmaking. Elections and speeches are scripted to the letter, politicians put on a tirelessly rehearsed act, catering endlessly to the whims of the target audience. A successful Hollywood filmmaker can’t afford to risk raising issues in a way that don’t immediately reflect audience sympathies. Good politicians vying for votes are similar in that they speak according to the already existing expectations — and prejudices — of the voting public

The Comeback Cry: Hillary Reconnects With Her “Feminine Side
By Robert Weitzel
www.countercurrents.org/weitzel120108.htm
When asked, “How do you keep upbeat and so wonderful?” Hillary began by talking about her hair and then, either by epiphany or serendipity, or cold, calculating political strategy, she eased onto her “feminine side,” “This is very personal for me. It’s not just political . . . It’s about our country. It’s about our kids’ futures. It’s really about all of us together.”

The “O” Word And Jesus Christ!
By Eileen Fleming
www.countercurrents.org/fleming120108.htm
For Bush to say the “O” word while in Israel was a major step into reality.Bush acknowledged the rights of 4.4 million Palestinian diaspora refugees to receive compensation, but he ignored Article 13-2, of the UNIVERSAL DECLARATION OF HUMAN RIGHTS which Israel agreed to uphold when it became a state and which affirms: Everyone has the right to leave any country, including his own, and to return to his country

The Great Ethanol Corndoggle
By Rand Clifford
www.countercurrents.org/clifford120108.htm
If wisdom graces America with a return to hemp farming, we might kill the ethanol corndoggle. We can grow corn for food, and let high-powered energy crops like hemp fuel a healthy and home-grown new energy paradigm for America

Monkey Business
By Anand Patwardhan
www.countercurrents.org/patwardhan120108.htm
I agree that Bhajji alone should not be in the dock for it. It is a sin we have to collectively expiate by first recognizing that racism does in fact exist and flourish in this country, as indeed it does in most parts of the world including and specially in Australia, a land that slaughtered hundreds of thousands of aborigines and stole children from their parents to bring them up white

An Appeal for Support

countercurrents.org/subscriberprogramme.htm

Your Support
Is Absolutely
Necessary
For Our
Survival