In the News—What I’ve Been Reading


Dean Baker | Economists and Future Living Standards

Dean Baker, Op-Ed: At this point everyone has heard the story of how Social Security and Medicare are going to bankrupt our children. There is a whole industry dedicated to promoting the idea that our kids risk having much lower standards of living than their parents or grandparents because of these programs. This story is routinely repeated in various forms by politicians and columnists who decry the fact that we don’t care enough for our children and that the elderly have too much political power. The remarkable part of this story is that there is no conceivable way that it is true and every economist knows it.

Monsanto Protection Act Proves Corporations More Powerful than US Government

Anthony Gucciardi, News Analysis: It’s called the Monsanto Protection Act among activists and concerned citizens who have been following the developments on the issue, and it consists of a legislative ‘rider’ inside (Farmer Assurance Provision, Sec. 735) a majority-wise unrelated Senate Continuing Resolution spending bill. You may already be aware of what this rider consists of, but in case not you will likely be blown away by the tenacity of Monsanto lobbyist goons.

Monsanto’s Death Grip on Your Food

Fritz Kreiss, News Report: Monsanto has yet another case pending in the court system, this time before the U.S. Supreme Court on the exclusivity of its genetically modified seed patents. Narrowly at issue is whether Monsanto retains patent rights on soybeans that have been replanted after showing up in generic stocks rather than being sold specifically as seeds, or whether those patent rights are “exhausted” after the initial planting. But more broadly the case also raises implications regarding control of the food supply and the patenting of life—questions that current patent laws are ill-equipped to meaningfully address.

My Food Fight: IBD vs. Monsanto

Dhruv Shah and Fritz Kreiss, News Report: “1 in every 250 persons in the UK are affected by inflammatory bowel diseases. Two years ago, I was diagnosed with a type of inflammatory bowel disease called Ulcerative Colitis. It affects up to 120,000 people in the UK, that’s about 1 in 500 and between 6,000 and 12,000 new cases are diagnosed every year.(i) For me it meant that I had to keep running to the bathroom up to 25 times a day. My large bowel at the worst of times would produce bloody mucus and I would have severe cramps. Due to the toxins created by the inflammation it also meant that I would be severely nauseous and could not hold down liquids, let alone food.”

Ten Years Later, U.S. has Left Iraq with Mass Displacement and Epidemic of Birth Defects, Cancers

Amy Goodman, Video Interview: In part two of our interview, Al Jazeera reporter Dahr Jamail discusses how the U.S. invasion of Iraq has left behind a legacy of cancer and birth defects suspected of being caused by the U.S. military’s extensive use of depleted uranium and white phosphorus. Jamail has also reported on the refugee crisis of more than one million displaced Iraqis still inside the country, who are struggling to survive without government aid, a majority of them living in Baghdad.

Right To Heal: Iraqi Civilians Join U.S. Veterans in New Effort to Recover from War’s Devastation

Amy Goodman, Video Interview: On the tenth anniversary of the invasion of Iraq, we look at how U.S. military veterans and Iraqi civilians have come together to launch “The Right to Heal” campaign for those who continue to struggle with the war’s aftermath. The video interview features U.S. Army Sgt. Maggie Martin, who was part of the invading force in March 2003 and is now director of organizing for Iraq Veterans Against the War. Also Yanar Mohammed, president of the Organization of Women’s Freedom in Iraq, joins the conversation and describes how the condition of women has deteriorated in Iraq.

Back to Work Budget is Defeated, But the Struggle Will Continue

Isaiah J. Poole, Op-Ed: The Congressional Progressive Caucus Back to Work Budget, as expected, did not prevail on the floor of the House of Representatives today. It went down to defeat, 84-327. In fact, it did not even win support from a majority of Democrats. But it did win a dramatic outpouring of support from ordinary Americans, which was demonstrated when one of the sponsors of the Back to Work Budget, Progressive Caucus co-chair Rep. Raul Grijalva, D-Ariz., held a stack of papers representing the more than 102,000 people who signed our petition calling for a “yes” vote for the budget and a “no” vote on the Republican budget of Rep. Paul Ryan, D-Wis.

The Plague of Wall Street Banking

Kevin Zeese and Margaret Flowers, Op-Ed: The economic news this week highlights what happens when governments are unable to confront the root cause of the financial collapse—the risky speculation and securities fraud of the big banks. What happens? They blame the people, cut their benefits, tax their savings and demand they work harder for less money. In the U.S. there have been no criminal prosecutions for securities fraud in the big banks. Just as the Justice Department has made it clear that the big banks are too big to jail because doing so jeopardizes the stability of the banking system; financial fraud investigator Bill Black points out that the SEC cannot institute fines that are too big for the same reason.

Dumb Wars, Now and Forever

Robert Scheer, Op-Ed: Yes, a majority of Americans, 53 percent according to this week’s Gallup poll, think it was “a mistake sending troops to fight in Iraq” 10 years ago. But the lessons of our folly will likely not stick for long. The memories fade as we now see in that same Gallup poll with perceptions of the Vietnam War. A majority of Americans ages 18-29 believe sending U.S. troops to Vietnam was “not a mistake.” By contrast, 70 percent of those 50 and older, the generation with contemporary knowledge of the war, think it was.

SOPAC Expedites New Seabed Mining Legislation for Lockheed Martin

Arnie Saiki, News Report: Currently, U.S. military contractor Lockheed Martin is negotiating with Fiji’s Bainimarama administration to fast-track and sponsor new legislation that would allow the private U.S.-based transnational titan to delve into experimental deep seabed mining. Because the U.S. has not ratified the U.N. Convention on the Law of the Sea (UNCLOS), U.S. industries cannot engage in deep seabed mining in international waters, outside of a country’s Exclusive Economic Zone (EEZ).

Advertisements