Bob Herrschaft
Member (since August 2010)Due to the current credibility crisis in the mainstream media, I have increasingly been drawn to getting my news online. As a news junkie, I appreciate the journalistic integrity I've been able to find at the HuffingtonPost website and I am pleased to work together with the NewsTrust team to ensure its reliability.
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it sounds like a fiscal version of the classic definition of chutzpah — namely, killing your parents, then demanding sympathy because you’re an orphan. Here we have ... More »
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Howard Kurtz’s Belated Comeuppance: The Media Critic's Firing Comes After a Long History of Journalistic Abuses
...a good article about a specific example of how unethical journalism can influence the mainstream media
The article does well to expose the contradictions in the convoluted reasoning of neocon policy gurus but there is an important point of view that is conspicuously omitted; that is, the Chechen people themselves whose interests have been co-opted by a group of terrorist fanatics. All indications are that the majority of the Chechnyan population is more secular than radical Islamist and has no desire to be part of Russia. After all, Byelorussia and a good deal of Ukraine are more ... More »
Just about twelve years ago I can remember seeing an interview with the CEO of the Bank of Scotland which was at that time considered the largest bank in the world. What still stands out in my mind was. when the issue of executive compensation was addressed, the CEO only received a fraction of the salary of his American counterparts. The mythical moniker of the "best and the brightest" has been perpetuated ad nauseum by a self-serving elite that believe they are entitled to their position by virtue of the school they attended or the chronies they cultivate. We have only to reflect on the shenanigans of Enron's Jeffrey Skilling & Ken Lay, World com's Bernard Ebbers or Wall Street's Bernie Madoff to see the quality of most of ... More »
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Margaret Thatcher Was a Privatization Pioneer, and This Is the Story of How Her Agenda Did Nothing But Make Life Worse for Millions of People
...a lengthy, detailed and balanced(despite the title) account of the history of Thatcherism in the U.K.. The article describes how a narrow-minded interpretation of monetarist policies influenced Thatcher to become the tool of global banking interests at a time when excessive union featherbedding (and the Labour Party's failure to address it) gave her the opening to radically change the British economy.
The polarization caused by Thatcher's policies is reflected in the renewed popularity of the Wizard of Oz song "Ding Dong The Witch Is Dead" which according to Associated press has attained the no.1 spot on a U.K. singles chart.
Why don’t we end on that quote one more time? It was a quote of the former Secretary of State Henry Kissinger, March 10th, 1975: “The illegal we do immediately; the ... More »
This is breaking news on what may be a model for the future of the European Union. Though not explicitly stated, it hints at parallel currencies.
Percieve this as a parallel Euro system. The Euro will remain legal tender but the Cyprus-Euro will become the proper currency for taxes and living needs. Banks will do exchanges, but a heavy exchange-tax and inport-tax and a heavy cross-border fanancial-instrument tax will keep Cyprus within the Eurozone.
“The imposition of capital controls has led economists to warn that a second-class "Cyprus euro” could emerge, with funds trapped on the island less ... More »
You’re probably right…but i suspect there will be countries like Ireland (that should have spit out the bitter pill a long time ago) that will continue to be bled by the banks.
A Reuters breaking news that said depositors that have below 100,000 euro deposits will continue to be protected under the Cypriot deposit guarantee but wealthy foreign and Cypriots depositors only get back (in bank shares) 37.5 percent of their deposits over 100,000 euros. The report said that the Cyprus crisis have sent jitters around the fragile single European currency zone, and led to the imposition of capital controls in Cyprus.
It was impossible to impose even the tiniest tax on financial transactions. It was impossible to reduce VAT either. Is it possible now? Is it possible now to extract money from a German banker or a Greek tycoon or a multinational with dividends tucked away in Ireland, Switzerland or Luxembourg? Not sure.
…all good points…i can understand why the Russians are pissed.
“Ostentatious humility” sums it up nicely.
The video establishes a definitive connection between torture tactics used in Iraq and those condoned by military surrogates in El Salvador.The dehumanization of the victims and their desensitized captors is well established.
The victims, of course, were not only those who were tortured but the thousands of allied troops that thought they were participating in a noble cause and were forced to witness the unseemly side of their perverted mission, inflicting severe mental anguish that often resulted in suicide. The responsibility goes up the chain of command and although the video does a great job in exposing the links, much more could be said about those who instigated, condoned and profited from these tactics.
This is shallow journalism. The author seems to succumb to the fallacy that all trade is good, and if you label it "free" trade, then nobody could possibly object. The very bad effects of past trade agreements are ignored here. Loss of jobs, loss of legal control over the environment, food quality, factory outsourcing, and the destruction of democratic government that is bypassed and overpowered by big international corporations who legislate the trade agreements, then become judiciary tribunals that interpret those "laws." World government by corporations is not open democracy.
Well said, Dwight!
... I agree with Ben that it will never happen...but, it would be nice to see such a proposal make politicians squirm!
...Mali is one of those places that may have one time seemed remote to outsiders but the infiltration of al-Qaeda in the North changed all that and the article does well to call attention to the fact that it is actually an artificial nation(like many in Africa), created by colonial rule. The French will now bare responsibility for what they leave behind and I think its fairly evident that the Tuareg regions do not what to be part of Mali. France is still in a position to establish ... More »
...some hopeful signs in an under-reported conflict in the Middle-East that could bring some measure of stability to the area if it is resolved
The Erdogan government deserves considerable credit for taking foreign policy initiatives in the M.E. and if it is able to come to terms with Turkey's considerable Kurdish population on the domestic front it can only strengthen Turkey's credibility in foreign affairs. The article wisely calls out the Turkish press for not reporting positive developments that could only add to that country's influence in a progressive way.
The Israeli building encroachments on Palestinian settlements in East Jerusalem and the West Bank are a counterproductive incitement to any peace initiative in the Middle East but what is not said here and what I believe Noam Chomsky is well aware of is that there are NO peaceful uses for nuclear energy in today's world. The best way to defuse the Iranian argument is to call for a treaty banning the expansion of any nuclear facility along with a time limit for dismantling those that ... More »
The survey may be flawed because it doesn't show regional differences and there never really was a national debate on the issue of gun control. In the light of the slaughtering of little children in the latest Connecticut massacre, it is difficult to discuss the issue dispassionately, but I think it may soon be time for gun control supporters to let loose some of that passion. If John Kerry replaces Hillary Clinton as Secretary of State this could become a major issue in the ... More »
Complex societies have sometimes survived the rise and fall of empires, plagues, wars and famines. They won’t survive six degrees of climate change, sustained for a millennium( More »
It is outrageous that the FCC would even consider loosening its already loose control over media consolidation especially in the light of the Levison Report in the U.K. which recommended tighter regulation over British media after the "hacking scandal" in which Murdoch was involved.
The article inserts one serious( and erroneous) presumption when it describes the "argument in favor of such a stimulus".i.e. "The tax measures, at least, could minimize the drag on the economy from Mr. Obama's proposed tax increases on the wealthy" ...no serious economist believes proposed tax increases on the wealthy would cause a "drag" on the economy.,
...I'm inclined to believe that a "moderate Republican" is one that has a finger to the wind on social issues and is always ready with a cheap shot to tow the party line. Collins is simply following McCain's lead and has all the integrity of a snowflake on a hot stove.
life expectancy is concentrated among the affluent; why should janitors have to retire later because lawyers are living longer? More »
As with the stimulus, the health care bill, and the middle-class tax cuts he had passed in his first year, Obama had neglected to convince the public of the value of his ... More »
As an often impatient lefty I share your sentiment Randy except I think Obama did all he could with the cards he was dealt in the 2010 election. If he hawked his accomplishments too much I think he would have run the risk of becoming the portrait of the radical his enemies were ... More »
...news about media and media manipulation often doesn't seem like news at all since we have become accustomed to a blitz of misinformation most often emanating from corporate propaganda promoters like Fox News, but when the mainstream media propagates the same line it becomes more insidious as a specious argument reaches a wider audience to reinforce the misinformation. Although this article lacks a specific source, it remains verifiable, credible, very responsible.
...obviously a cause for concern...however, the article neglects to mention the current status of the agreement, or who beyond certain corporate interests is pushing for it. Who in congress supports or opposes the "agreement"? Does it really have the support of the Obama administration? What grounds does the party who leaked the documents have to assume the Obama administration "intends to impose radical new political powers upon multinational corporations"?
I would only recommend this article so that readers could see for themselves how much the WSJ has become an oracle of offal under Rupert Murdoch's NewsCorp.





Unfortunately he is only one of many clones and clowns that inject right wing propaganda into the news by pandering to the lowest common denominator under the guise of simulated impartiality.