Archive for June 18th, 2014

18/06/2014

'Haven’t we have already done enough damage?' Ron Paul warns against Iraq invasion

Human Wrongs Watch 

By Russia Today (RT)* 18 June 2014 — Former congressman Ron Paul is refusing to curb his condemnation of the current White House’s foreign policy, blasting United States President Barack Obama further in a new op-ed concerning possible US intervention in Iraq.

Paul at the 2007 National Right to Life Committee Convention in Kansas City, Missouri, June 15, 2007.| Wikimedia Commons.

Paul at the 2007 National Right to Life Committee Convention in Kansas City, Missouri, June 15, 2007.| Wikimedia Commons.

An editorial published on Paul’s website on Sunday reiterates previously remarks made by the longtime lawmaker in recent days in which he’s spoken out against American interventionism, particularly with regards to rumors that the US military will soon take action in war-torn Iraq.

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“The same foreign policy ‘experts’ who lied us into the Iraq [W]ar are now telling us we must re-invade Iraq to deal with the disaster caused by their invasion!” the three-time presidential hopeful exclaimed in an op-ed published on the Ron Paul official site.
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“They cannot admit they were wrong about the invasion being a ‘cakewalk’ that would pay for itself, so they want to blame last week’s events on the 2011 US withdrawal from Iraq. But the trouble started with the 2003 invasion itself, not the 2011 troop withdrawal. Anyone who understands cause and effect should understand this,” he wrote.
18/06/2014

Economic Growth Is Anything But “A Rising Tide Lifting All Boats”

Human Wrongs Watch

By Roberto Savio*

Rome, June 2014 – Not a day goes by without news on the growing inequality that is the telling indicator of the kind of economic model in which we have put ourselves, following the neoliberal binge unleashed by the Washington Consensus. The idea that economic growth is “a rising tide lifting all boats”, as the late Margaret Thatcher declared when she announced war on the welfare state, and its twin “capital will trickle down to everybody”, are now totally discredited.

McKinley ProsperityPublic Domainview terms Northwestern Litho. Co, Milwaukee - This image is available from the United States Library of Congress. | Uploaded by NativeForeigner Created on between 1895 and 1900 | Public Domain | Wikimedia Commons.

**Campaign poster showing William McKinley holding U.S. flag and standing on gold coin “sound money”, held up by group of men, in front of ships “commerce” and factories “civilization”

Facts, as it has been said, are stubborn. And the facts have been demonstrated in an extensive statistical analysis by French economist, Thomas Piketty, (author of Capital in the Twenty-First Century) who, on the basis of the data from the last two centuries, proves that capital obtains a greater reward than work.

So, in any country, economic growth is distributed in an unequal way between salaries for all and what goes to the rich.

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