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CounterCurrents
22/01/08 – The False US Economy Versus Nature?s Expansion-Contraction Cycle

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Threat Of US Recession Panics Global Stock Markets
By Andre Damon
www.countercurrents.org/damon220108.htm
Stock prices plummeted worldwide Monday and Tuesday , amid heightened fears of a US recession. While over the course of last week US financial markets suffered the worst fall since 2002, with the Dow Jones Industrial Average dropping by 5 percent, many Asian and European indices dropped by a similar amount in just one day

The False US Economy Versus Nature’s Expansion-Contraction Cycle
By Shepherd Bliss
www.countercurrents.org/bliss220108.htm
The growth-based US economy is contracting. Media economists are alarmed, even panicky. They describe this as a “recession” and wring their hands with woe. They should have expected this downturn and we should accept it. Lets see what will happen. Maybe the Earth will benefit from the declining US economy? Perhaps its pollution and other threats to the global climate and environment will lessen?

European Collusion In Israel’s Slow Genocide
By Omar Barghouti
www.countercurrents.org/barghouti220108.htm
The European Union, Israel’s largest trade partner in the world, is watching by as Israel tightens its barbaric siege on Gaza, collectively punishing 1.5 million Palestinian civilians, condemning them to devastation, and visiting imminent death upon hundreds of kidney dialysis and heart patients, prematurely born babies, and all others dependent on electric power for their very survival

Gaza: No Rights, Little Mercy
By Mohammed Omer
www.countercurrents.org/omer220108.htm
Plight of Palestine patients in Gaza worsens

Iraq: Police And Army Getting Sidelined
By Ahmed Ali & Dahr Jamail
www.countercurrents.org/jamail220108.htm

New military operations in Diyala province north of Baghdad have exacerbated a growing conflict between U.S.-backed Sunni fighters on the one hand and Iraqi army and police forces on the other

The Rapture Can’t Happen Soon Enough To Suit Me
By Robert Weitzel
www.countercurrents.org/weitzel220108.htm
Twenty-three percent of the 208 million adults in America identify themselves as either Pentecostal or Charismatic Christians [a.k.a. Rapture-ready]. In the event of the Rapture up to 50 million workers will be leaving their jobs without clocking out. The number of positions vacated will be five times as many needed to wipe out the country’s unemployment, leaving the rest of us in a workers’ paradise. Affirmative action be damned! It’s “trickle up” economics at work here

Corporate Media Keeps King “In His Place”! Buries King’s Fiery Condemnation Of US Wars
By Jay Janson
www.countercurrents.org/janson220108.htm
During the last year of his life from April 1967 to April 1968, King thundered eloquently against U.S. imperialist wars and against international predatory capitalism, factually denouncing CIA overseas crimes, and U.S. brutal foreign policies. It seems likely that it was for these heavy accusations of genocide against the U.S. government and his calling attention to the cruel indifference of Americans and blind immorality of the U.S. establishment that King was silenced, and not because of his civil rights crusade

The Vanunu Saga: 2008
By Eileen Fleming
www.countercurrents.org/fleming220108.htm
On July 2, 2007, the whistle blower of Israel’s WMD Program, Mordechai Vanunu was sentenced to six more months in jail for interviews he gave foreign media in 2004. On January 7, 2008, the day before his appeal was to begin; Israel re-sentenced him to six months of community service instead

Musharaf And Pro Pakistan Kashmiris
By Dr Shabir Choudhry
www.countercurrents.org/choudhry220108.htm
Musharaf factor is important in the context of Kashmir. He has transformed pro Pakistan Kashmiris in to ‘Pro Independence’ and ‘Pro Kashmir’ Kashmiris. This is something we have been working for so many years and have always faced uphill struggle, but Musharaf has done it within few years

There Is Pause And Not Full Stop At The End Of Peace Process
By Prof Amitabh Mattoo & Zafar Choudhary
www.countercurrents.org/mattoo220108.htm
Interview with Prof Amitabh Mattoo, Vice Chancellor of the University of Jammu

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