WORLD MEDIA WATCH
Summaries are excerpted from the source articles; the featured article follows the summary section.
A BUZZFLASH NEWS ALERT
CHICAGO -- More than 800 people filled the headquarters of the Rainbow PUSH Coalition on Thursday night, testifying for over seven hours before the Federal Communications Commission about the negative impacts of runaway media consolidation.
MS. SMITH GOES TO WASHINGTON
That's right, march on that town in Louisiana. Americans have been told over and over that this country has succeeded in equal rights, but we Americans have seen them chipped away little by little as those Americans in this country who still think like the plantation owners of yesterday use their power in government to turn back any progress made in this country, based on the ideas that we Americans are not all equal if you are black, another color, poor, gay, or female.
A BUZZFLASH NEWS ALERT
Editor's note: This is a letter that Chairman Waxman sent to Secretary Rice yesterday reiterating his request that the State Department make available information pertaining to the Committee's investigation in Iraq by noon, September 20.
The Honorable Condoleezza Rice
Secretary of State
U.S. Department of State
2201 C Street, NW
Washington, DC 20520
Dear Madam Secretary:
by Marjorie Swanson
No one has been angrier or more vocal about the spineless Democrats in the Senate than I have been. Not this time. The defeat of the Webb Bill is owned completely by the obstructionist Republican Party Plus LIEberman. The Republicans have now proven that they are the owners of this ghastly war. It is the Bush doctrine of endless war and they are the enablers. This vote and this vote alone is enough to provide all the proof necessary.
by Danny Schechter
"Institutions and human psychology lead financial markets to bounce back and forth between exuberant greed and catatonic fear. Times of fear generate high unemployment. Times of greed are likely to be times of destabilizing inflation." -- Economist Brad DeLong
New York, September 19: It was another week in which the debt crisis rolled over financial institutions worldwide and people's lives like an out-of-control freight train. On Tuesday, the U.S. stock market received a gift from the Federal Reserve Bank in the form of a half percent interest rate cut, twice the amount most analysts expected.
BARBARA'S DAILY BUZZFLASH MINUTE
It looks as though George Bush has succeeded in making Osama bin Laden’s dream come true! “The latest US government data on foreign holdings released this week show a collapse in purchases of US bonds from $97bn to just $19bn in July … foreign investors have been gradually pulling out of the long-term US debt markets, leaving the dollar dependent on short-term funding … This time the US itself is the problem … we are going to have a serious recession. The dollar's going to collapse, the bond market's going to collapse. There's going to be a lot of problems.” It’s no wonder George Bush has acquired that hidey hole down there in Paraguay, a whole lot of people are going to be really angry when they find they have no security, no jobs, no money! George Bush has made America into an Enron on steroids!!!
A BUZZFLASH GUEST CONTRIBUTION
by Cindy Sheehan
"We are not the first group to call for impeachment. We have decided to add our voice to the call. All the reasons given for the invasion have shown themselves to be half-truths or misleading. The conflict continues to drag on taking the lives of our soldiers and innocent Iraqis. It is clear that George Bush does not intend to change course in an effort to right this great wrong. He has had enough time in his second term to begin a shift and he has not. It is time to remove him from office." David Cline, then President of the VFP, March '05
The administration loves all private contractors
Because they define virility
And, more importantly, embody the goal of power
Without any responsibility.