Chávez: A Personal Tribute

Stephen Lendman

He's gone. His two-year cancer struggle ended.

He's sorely missed. He was one of Latin America's most notable leaders. His charisma was special. It was real. His spirit lives. An era ended with his passing. He was the world's leading anti-imperialist hero. He spoke truth to power. He did so courageously. He risked his life doing it.

Obama may have ordered him killed. Very likely he did. Believe it. Chávez did. He had good reason to do so. He said it openly. Castro warned him. He explained how imperial Washington works. Its rap sheet makes serial killers look saintly by comparison. State-sponsored murder is official policy. So is ravaging humanity ruthlessly. Washington does it for wealth, power and dominance. It spurns rule of law principles, democratic values and popular needs.

Chávez was polar opposite. He championed democracy. He established the real thing. He defended civil and human rights. He operated no secret prisons. He didn't invade his neighbors. He engaged them cooperatively. He valued unity and world solidarity. He abhorred torture. He advocated peace, not war. He abolished neoliberal harshness.

He championed populism. Venezuelans loved him for doing so. They elected him overwhelmingly four times. They rallied supportively for him publicly. They did so often. At times, millions turned out. He established free, open and fair elections. Jimmy Carter calls them the world's best. He said so for good reason. They shame America's sham process.

He valued Venezuela's independence. He fought hard to keep it. He refused to surrender to Washington. His used Venezuela's oil wealth responsibly. He lifted millions from poverty. He created economic growth and jobs. He provided essential social services. Major ones are institutionalized.


The Fed’s Monetary Policy of Zero Interest Rates

Rodrigue Tremblay


The Federal Reserve, led by Chairman Ben Bernanke, can’t
further stimulate the economy through monetary policies that it
essentially has exhausted already.
(David Stubbs/Reuters/CT)

“A More Than Questionable Bernanke Fed Monetary Policy.”

“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson (1743-1826), 3rd US President

“It is well enough that people … do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford (1863-1947), American automobile industrialist

“When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.” Frédéric Bastiat (1801-1850), French economist


How Deregulation Resurrected American Economic Insecurity

Paul Craig Roberts

The US might not be in a Great Depression, but economic insecurity has nevertheless returned to America.

John N. Gray, a distinguished intellect and retired professor of intellectual history at the London School of Economics, disagrees with the view that “the end of history” has placed humanity on a course of ethical and economic progress. History, Gray believes, is not progressing to a higher stage. Instead, humanity is repeating the same follies and is destined to endure the same disasters. It is the Enclosures, the Repeal of the Corn Laws, and the Poor Law Act of 1834 all over again.

The problem is humans themselves. They are not questioning beings. “Human beings use the power of scientific knowledge to assert and defend the values and goals they already have.” Instead of ethics and politics having advanced with the growth of knowledge, we are experiencing today state terror and murder on unprecedented scale as Washington kills people with drones and invasions in seven countries and threatens others. The US claims to be the democratic “light unto the world,” the “indispensable nation,” but it has resurrected in violation of its own law and international law the torture dungeons of the unaccountable governments of medieval Europe.


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