THE MASSES ARE ASSES

canada helps israel give starvation another try
Canada has ended all relations with the new Palestinian government, Ottawa announced Wednesday. "Not a red cent to Hamas," Foreign Affairs Minister Peter MacKay said on CBC's Inside Politics. "This is a terrorist organization."

Hamas members were sworn in as the Palestinian cabinet on Wednesday. Hamas replaced Fatah as the dominant Palestinian political party after winning the parliamentary election in January. The Hamas cabinet of 24 members includes 14 who have been jailed by the Israelis.

Israel has stopped paying the Palestinian Authority tens of millions of dollars in taxes it collects on the authority's behalf, and will consider additional sanctions. It has forbidden Hamas leaders from travelling between the West Bank and Gaza, so there were two ceremonies to swear in the new cabinet. [...]

Stephen Harper's government - embracing the power afforded it by 14% of eligible Canadian voters - has chosen to condemn the Palestinian people for democratically electing a government that is not to the liking of their occupiers. Supporting an Israeli tradition, Canada has chosen "to put the Palestinians on a diet, but not make them die of hunger", as was so eloquently put by Dov Weisglass, an adviser to Israel's newly elected prime minister.

reinforcing the mainstream narrative
Confessed al-Qaida conspirator Zacarias Moussaoui took the witness stand in his own defense for the first time Monday, testifying that he was never intended to be one of the Sept. 11, 2001 airplane hijackers. Moussaoui pleaded guilty in April "because everybody used to refer to me as the 20th hijacker and it was a bit of fun"...

Although Moussaoui stated that he was not part of the September 11th plan and only knew the attacks were supposed to happen some time after August 2001, the 'liberal' media has repackaged his scattered testimony to mean "he was to have piloted an airliner into the White House on Sept. 11, 2001."

Frustrated with the UN Security Council, the U.S. tries to break the impasse on Iran:

russia spied for saddam in war - pentagon report
Russia funnelled intelligence on American troop movements in Iraq to Saddam Hussein during the early days of the war, according to documents contained in a Pentagon report released last night...

free markets, democracy and other rhetorical devices

The juxtaposition of Goldman Sachs reporting record-breaking profits on the same day that the U.S. Commerce Dept. reported record-breaking current account deficits is a good indication of who benefits most from the current global speculative finance system.

Eventually, corporate America, strongly influenced, via the CEO stock option linkage, by the short-term preferences of its speculative capital markets, chose to outsource, and U.S. economic policy emphasized seeking free global capital markets for its financial giants being spoon-fed liquidity steroids by Greenspan's Fed and later also the Bank of Japan.

After the collapse of the TMT equity bubble in 2000-02, the long-term stagnation of real wages and mediocre employment growth in the early phases of the recovery may have started to become more politically difficult. But Greenspan managed to keep the economy reflated barely skipping a beat with his negative real interest rate policy supporting a global real estate/consumer spending boom (aided by the Bank of Japan's zero interest rate "quantitative easing"), while public attention was re-focused from corporate "bad apples" to foreign enemies in a permanent war setting...