The stock market- and real estate-bubble occur in advanced capitalism. The government response was to create a second bubble, the great bubble transfer. The real estate bubble crashed last summer. John Bellamy Foster teaches at the University of Oregon and is editor of Monthly Review.
"Answering a question about his approach to combatting crime, John
McCain suggested that military strategies currently employed by US
troops in Iraq could be applied to high crime neighborhoods here in
the US. McCain called them tactics 'somewhat like we use in the
military...You go into neighborhoods, you clamp down, you provide a
secure environment for the people that live there, and you make sure
that the known criminals are kept under control. And you provide them
with a stable environment and then they cooperate with law
enforcement.' The way he described it, his approach sounded an awful
lot like the surge. As part of his argument, McCain praised the
crime-fighting efforts of former New York Mayor Rudolph Giuliani.....
Captain Eric H. May, the military-political writer, examines the anthrax attacks of 2001 and the Friday announcement by the FBI that the real culprit was a suicide scientist. He argues that believing the official story this time is tantamount to believing in Santa Claus!