Gary Weiss writes: No one can make Mitt Romney look good — not even a crazy man with a program that’s slightly to the right of Juan Peron. Ron Paul, currently the second most popular Republican presidential candidate, may be nuts but Romney is arguably a lot worse: the standard-bearer of the worst aspects of borderline sociopathic, bottom-feeding American capitalism.
I don’t mean to call people names. I speak as a bona fide expert on these subject, having covered business and written a book about a sociopath and having known many professionally through the years. I’m merely trying to provide a dispassionate analysis of Romney’s life and career, especially (but not exclusively) his record as a job-destroying corporate warrior at the Bain Capital buyout firm.
Romney’s tenure at Bain, which he ran from 1984 to 1999, is currently being raked over the coals in the media and in a TV spot paid for by the stunningly hypocritical Newt Gingrich, but I’m not seeing much about what this says about him as a human being.
Here’s one of the better brief digests of Romney as a corporate job-destroyer, written by Josh Kosman, who wrote an excellent book in 2010 on the buyout industry called “The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy.” This book is required reading for anybody who wants to understand what Romney did for a living at Bain. He is the living embodiment of how the “job creator” Republican meme is grotesquely misleading, if not an outright lie.
You can’t really blame him. It was his job. Or as Don Vito Corleone once put it, it was “strictly business.” Romney was taught at Harvard Business School that the purpose of a corporation is not to “create jobs” but to create profits for its owners by, among other things, keeping the cost of labor at an absolute minimum. Job creation, if any, is incidental and entirely expendable, sort of the way oil-drilling rigs burn off natural gas. If profits are to be enhanced by job destruction, so much the better.
Author Archives: News Sources
Are we entering a new era of Chinese exceptionalism?
Reaching for the heavens – China’s expanding ambitions now include sending men to the moon as well as rapid expansion of military capacity on earth. And all the while its economy continues to grow at a rate far outpacing the economies of western nations.
With increasing confidence, China’s leaders have now stepped to the center of the world stage and for many people in China that is exactly where they should be, given the country’s history and civilisation.
Does that necessarily mean that we are entering a new era of Chinese exceptionalism or even dominance?
Professor Zhang Weiwei, served as a translator for one of the key architects of China’s transformation, Deng Xiaoping.
He is now an international scholar arguing a case for China as the world’s exceptional civilisation. In his latest book, The China Wave: the Rise of a Civilizational State, he offers a robust rebuttal of critics, especially in the West, who keep emphasising China’s shortcomings.Professor Zhang Weiwei talks to Al Jazeera’s Teymoor Nabili about the ‘China model’ and explains where China is going.
ElBaradei chooses truth over Egypt’s still-tainted politics
Issandr El Amrani writes: When Mohammed ElBaradei returned to Egypt after the end of his tenure at the International Atomic Energy Agency, he had a simple mission: tell truth to power. Despite a campaign to draft him to run against President Hosni Mubarak, he refused to participate in any election under the undemocratic conditions that prevailed. On Saturday, he chose to take the same path, citing the lack of a democratic framework in military-run Egypt.
In a statement to the press and a YouTube video put up by his campaign, he explained that as much as he has held high hopes for the revolution that overthrew Mr Mubarak, he cannot participate in elections held under the military-run transition process. “To achieve complete freedom, we must work outside the formal channels,” Mr ElBaradei said, looking sad but nonetheless determined.
Mr ElBaradei’s statement will be interpreted by his detractors as an ungraceful acknowledgement that his presidential campaign is going nowhere, and that an Egypt that overwhelmingly voted for Islamists is unlikely to elect a mild-mannered social democrat. Some might even accuse him of bad faith, using the excuse of the military’s excesses and a haphazard transition to cover up for the poor political prospects of Egyptian liberals like himself.
Even so, the moment is reminiscent of how, in 2010, he had shattered a taboo. Back then, he was almost alone among Egypt’s establishment grandees to dare criticise Mr Mubarak. By preferring to launch a national campaign for change rather than compete against the deposed president in a rigged system, he refused to legitimise the regime and was one of several factors that contributed to the country being ripe for an uprising. And back then, of course, that worked – even if Mr ElBaradei had never advocated such an uprising.
Mr ElBaradei’s decision comes at a crucial juncture in Egypt’s transition. Even if Egyptians are for the most part tired of protests, impatience with the military is also rising. The generals who forced Mr Mubarak out and have run the country since last February have been incompetent managers, authoritarian rulers and, perhaps most of all, shameless liars. There is a campaign now underway ahead of the anniversary of the January 25 uprising called “kazeboon” – Arabic for “liars” – that is bringing projectors to neighbourhoods to show that the military is carrying out acts of violence against protesters very much like those that took place under Mr Mubarak during the 18 days of the uprising.
The cost of Syria’s crackdown
If the Pollard incident didn’t end the U.S.-Israel relationship, then this won’t
Dimi Reider at +972 talked to Mark Perry about “False Flag,” his report in Foreign Policy yesterday which revealed that Mossad agents had posed as CIA officers in order to recruit anti-Iranian terrorists.
Quite a few readers have questioned the coincidence of the story running just days after yet another assassination of an Iranian scientist. Is it a coincidence? How long have you been working on the story?
I know there is a great deal of skepticism about the timing of the story. And I know too that people will simply not believe it is a coincidence. In fact, it is. I thought two weeks ago that, after eighteen months of work, the story was in jeopardy of being released by another publication. And in truth, I did not decide to actually publish the story until the Friday before its appearance. And even then, at the last minute, I put the story on hold — to give a number of contacts of mine a chance to weigh in, and to give the U.S. and Israeli governments a chance to respond officially — or off the record. And I made it clear to officials here that I was willing to withdraw the story if there was reason to doubt its accuracy for any reason, or if in their estimation, it would harm my country. I received no response. The story appeared yesterday because that is when I, and Foreign Policy, felt comfortable with every one of its details.
The same Haaretz report speculated the revelation could endanger Israel-US ties in the same way the Pollard affair did, and that this is why the Mossad is as a policy opposed to “adventurous endangerment of its relationship to the American community.” Is this likely?
I am an historian — that is really my first career. I have studied and written extensively about the politics of the American and British high command in World War Two (Partners In Command is my book on George Marshall and Dwight Eisenhower). During that alliance, key senior officers of both the U.S. and Great Britain held high level conferences to determine military strategy. During those conferences there was shouting, deep disagreement — in one case, nearly a fistfight. Allies disagree. Why wouldn’t the same be true now, between Israel and the U.S? No alliance is perfect, no country walks in lock step with another, and it would be naive to suppose it. There are problems between the U.S. and Israel, but that isn’t new. Nor should believe that the strategic relationship and deep friendship we have with Israel will change. My sense is that, despite the problems, there is a commitment on the part of the administration to make certain that, as with all alliances, a common purpose outweighs all disagreements. Frankly, if the Pollard incident didn’t end the U.S.-Israel relationship, then this won’t.
Egypt’s Islamists: Threat or opportunity?
Super PACs: A new media weapon
America isn’t a corporation
Paul Krugman writes: “And greed — you mark my words — will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A.”
That’s how the fictional Gordon Gekko finished his famous “Greed is good” speech in the 1987 film “Wall Street.” In the movie, Gekko got his comeuppance. But in real life, Gekkoism triumphed, and policy based on the notion that greed is good is a major reason why income has grown so much more rapidly for the richest 1 percent than for the middle class.
Today, however, let’s focus on the rest of that sentence, which compares America to a corporation. This, too, is an idea that has been widely accepted. And it’s the main plank of Mitt Romney’s case that he should be president: In effect, he is asserting that what we need to fix our ailing economy is someone who has been successful in business.
In so doing, he has, of course, invited close scrutiny of his business career. And it turns out that there is at least a whiff of Gordon Gekko in his time at Bain Capital, a private equity firm; he was a buyer and seller of businesses, often to the detriment of their employees, rather than someone who ran companies for the long haul. (Also, when will he release his tax returns?) Nor has he helped his credibility by making untenable claims about his role as a “job creator.”
But there’s a deeper problem in the whole notion that what this nation needs is a successful businessman as president: America is not, in fact, a corporation. Making good economic policy isn’t at all like maximizing corporate profits. And businessmen — even great businessmen — do not, in general, have any special insights into what it takes to achieve economic recovery.
Why isn’t a national economy like a corporation? For one thing, there’s no simple bottom line. For another, the economy is vastly more complex than even the largest private company.
How Obama should talk to Iran
Trita Parsi writes: Just 13 minutes into his presidency, Barack Obama indirectly reached out to Iran in his inaugural address, offering America’s hand of friendship if Tehran would unclench its fist. After eight years of the George W. Bush administration’s ideological contempt for diplomacy with America’s foes, it was a bold move born out of necessity, not desire.
But Obama’s diplomacy has fallen short. After two rounds of talks in October 2009, in which Tehran refused to accept a U.S. confidence-building measure to exchange its low-enriched uranium in return for fuel for a medical research reactor, the sanctions track was activated. Ever since, Iran and the United States have been on a confrontational path. Washington has imposed unprecedented economic sanctions and isolated Iran politically. In turn, the Iranians have threatened to close the Strait of Hormuz, amassed more low-enriched uranium and begun enrichment at a facility deep underground.
Rather than resolving the nuclear issue, Iran and the United States are inching closer to a military confrontation. But war is not inevitable. Diplomacy, which the Obama administration prematurely abandoned, can still succeed.
“Our Iran diplomacy was a gamble on a single roll of the dice,” a senior State Department official told me in 2010. In short, it either had to work right away or not at all. In fact, six months after the U.S. talks collapsed, Turkey and Brazil secured a version of the fuel swap that Obama had sought.
Fearing that the failure of the U.S. talks would eventually lead to war, Turkey and Brazil stepped in to persuade Iran to accept the American benchmarks for the fuel swap. To the surprise of many in the White House, Turkey and Brazil succeeded.
But by then, it was too late. The Obama administration was already on the path to sanctions. Brazil and Turkey felt snubbed, temporarily chilling their relations with Washington. (Brazil has since turned its focus to other issues, but Turkey is still involved as an occasional mediator with Iran.)
Instead of continuing toward a war the U.S. military doesn’t want, we should double down on diplomacy, in part by emulating Turkey and Brazil’s efforts. In light of news reports this past week that Iran would be open to talks later this month with the P5+1 negotiating group — China, France, Germany, Russia, Britain and the United States — here are five ways we can learn from Turkey and Brazil’s interactions with Iran.
U.S. warns Israel against military strike on Iran
The Wall Street Journal reports: U.S. defense leaders are increasingly concerned that Israel is preparing to take military action against Iran, over U.S. objections, and have stepped up contingency planning to safeguard U.S. facilities in the region in case of a conflict.
President Barack Obama, Defense Secretary Leon Panetta and other top officials have delivered a string of private messages to Israeli leaders warning about the dire consequences of a strike. The U.S. wants Israel to give more time for the effects of sanctions and other measures intended to force Iran to abandon its perceived efforts to build nuclear weapons.
Stepping up the pressure, Mr. Obama spoke by telephone on Thursday with Israeli Prime Minister Benjamin Netanyahu, and U.S. Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, will meet with Israeli military officials in Tel Aviv next week.
The high-stakes planning and diplomacy comes as U.S. officials warn Tehran, including through what administration officials described Friday as direct messages to Iran’s leaders, against provocative actions.
Tehran has warned that it could retaliate to tightened sanctions by blocking oil trade through the Strait of Hormuz. On Thursday, Iran’s Supreme Leader Ayatollah Ali Khamenei vowed to punish the perpetrators of the assassination—blamed by Iran on the U.S. and Israel—of an Iranian scientist involved in the nuclear program.
The U.S. denied the charge and condemned the attack. Israel hasn’t commented.
The U.S. and Iran, however, have taken steps in recent days apparently designed to ease tensions. Iran has agreed to host a delegation of United Nations nuclear inspectors this month. The U.S., meanwhile, has twice this month rescued Iranian sailors in the region’s seas.
Covert efforts by Israel’s intelligence service to prevent Tehran from developing nuclear weapons have been credited with slowing the program without the high risk of military conflict that could be sparked by an airstrike. Iran says its nuclear program is for peaceful uses.
But Israel has declined to rule out a strike, as has the U.S.
“It is the policy of the Israeli government, and the Obama administration, that all options remain on the table. And it is crucial that the ayatollahs in Tehran take this policy seriously,” said Michael Oren, Israel’s ambassador to the U.S.
Mr. Netanyahu said in a recent interview that Iran has begun to “wobble,” a signal some U.S. officials believe suggests he is willing to follow the current U.S. strategy, which seeks to avoid a military confrontation with Iran.
“Recent comments by the Israelis show they understand how tough the sanctions we’ve put in place are and are giving them time to work,” said a senior Obama administration official.
The U.S. military is preparing for a number of possible responses to an Israeli strike, including assaults by pro-Iranian Shiite militias in Iraq against the U.S. Embassy in Baghdad, according to U.S. officials.
The U.S. believes its embassy and other diplomatic outposts in Iraq are more vulnerable following the withdrawal of U.S. forces last month. Up to 15,000 U.S. diplomats, federal employees and contractors are expected to remain in Iraq.
Mark Perry speaks about allegations of Israeli spies posing as CIA agents
How Israel is sponsoring terrorism and betraying its American allies
In an exclusive report for Foreign Policy magazine, Mark Perry reveals that Mossad agents have been posing as CIA officers and recruiting members of the terrorist organization Jundallah to fight Israel’s covert war against Iran.
Buried deep in the archives of America’s intelligence services are a series of memos, written during the last years of President George W. Bush’s administration, that describe how Israeli Mossad officers recruited operatives belonging to the terrorist group Jundallah by passing themselves off as American agents. According to two U.S. intelligence officials, the Israelis, flush with American dollars and toting U.S. passports, posed as CIA officers in recruiting Jundallah operatives — what is commonly referred to as a “false flag” operation.
The memos, as described by the sources, one of whom has read them and another who is intimately familiar with the case, investigated and debunked reports from 2007 and 2008 accusing the CIA, at the direction of the White House, of covertly supporting Jundallah — a Pakistan-based Sunni extremist organization. Jundallah, according to the U.S. government and published reports, is responsible for assassinating Iranian government officials and killing Iranian women and children.
But while the memos show that the United States had barred even the most incidental contact with Jundallah, according to both intelligence officers, the same was not true for Israel’s Mossad. The memos also detail CIA field reports saying that Israel’s recruiting activities occurred under the nose of U.S. intelligence officers, most notably in London, the capital of one of Israel’s ostensible allies, where Mossad officers posing as CIA operatives met with Jundallah officials.
The officials did not know whether the Israeli program to recruit and use Jundallah is ongoing. Nevertheless, they were stunned by the brazenness of the Mossad’s efforts.
“It’s amazing what the Israelis thought they could get away with,” the intelligence officer said. “Their recruitment activities were nearly in the open. They apparently didn’t give a damn what we thought.”
Interviews with six currently serving or recently retired intelligence officers over the last 18 months have helped to fill in the blanks of the Israeli false-flag operation. In addition to the two currently serving U.S. intelligence officers, the existence of the Israeli false-flag operation was confirmed to me by four retired intelligence officers who have served in the CIA or have monitored Israeli intelligence operations from senior positions inside the U.S. government.
The CIA and the White House were both asked for comment on this story. By the time this story went to press, they had not responded. The Israeli intelligence services — the Mossad — were also contacted, in writing and by telephone, but failed to respond. As a policy, Israel does not confirm or deny its involvement in intelligence operations.
There is no denying that there is a covert, bloody, and ongoing campaign aimed at stopping Iran’s nuclear program, though no evidence has emerged connecting recent acts of sabotage and killings inside Iran to Jundallah. Many reports have cited Israel as the architect of this covert campaign, which claimed its latest victim on Jan. 11 when a motorcyclist in Tehran slipped a magnetic explosive device under the car of Mostafa Ahmadi Roshan, a young Iranian nuclear scientist. The explosion killed Roshan, making him the fourth scientist assassinated in the past two years. The United States adamantly denies it is behind these killings.
According to one retired CIA officer, information about the false-flag operation was reported up the U.S. intelligence chain of command. It reached CIA Director of Operations Stephen Kappes, his deputy Michael Sulick, and the head of the Counterintelligence Center. All three of these officials are now retired. The Counterintelligence Center, according to its website, is tasked with investigating “threats posed by foreign intelligence services.”
The report then made its way to the White House, according to the currently serving U.S. intelligence officer. The officer said that Bush “went absolutely ballistic” when briefed on its contents.
“The report sparked White House concerns that Israel’s program was putting Americans at risk,” the intelligence officer told me. “There’s no question that the U.S. has cooperated with Israel in intelligence-gathering operations against the Iranians, but this was different. No matter what anyone thinks, we’re not in the business of assassinating Iranian officials or killing Iranian civilians.”
Israel’s relationship with Jundallah continued to roil the Bush administration until the day it left office, this same intelligence officer noted. Israel’s activities jeopardized the administration’s fragile relationship with Pakistan, which was coming under intense pressure from Iran to crack down on Jundallah. It also undermined U.S. claims that it would never fight terror with terror, and invited attacks in kind on U.S. personnel. [Continue reading…]
Iran to let in U.N. atomic inspectors
The Wall Street Journal reports: Iran agreed to host a high-level team of United Nation’s nuclear inspectors later this month, Western diplomats said, a surprise development that could help to curb building tensions with the West.
The diplomats on Thursday said Iran had tentatively agreed to receive a delegation from the United Nation’s International Atomic Energy Agency headed by the agency’s chief weapons inspector, Herman Nackaerts. The diplomats, who are based in Vienna, said the visit was tentatively set for Jan. 28.
Unclear, said the diplomats, was whether Tehran would let the inspectors visit key nuclear sites and interview the Iranian official the U.S. and the U.N. agency believe may head a nuclear-weapons program.
Why not to attack Iran
Elbridge Colby and Austin Long write: The pressure for an attack on Iran is building. Media reports suggest that the Obama administration is under pressure to take action and may even be considering action itself, and Foreign Affairs published an article in its opening 2012 issue by nuclear expert Matthew Kroenig forthrightly stating that it is “time to attack Iran.” Many argue that strikes against Iran’s nuclear program are the only responsible course. Defense Secretary Leon Panetta declared on December 18 that if the United States receives “intelligence that [the Iranians] are proceeding with developing a nuclear weapon, then we will take whatever steps necessary to stop it.” And former White House Middle East chief Dennis Ross suggested in a December 23 op-ed that, if pressure fails, the military option is the only sensible recourse. The United States cannot live with a nuclear Iran, he argues.
The reality, however, is that attacking Iran without provocation is a dangerous course. The arguments for avoiding military strikes are well known: deterrence, while neither easy nor cheap, can work; the costs of likely Iranian retaliation outweigh the likely benefits, perhaps markedly; and the United States (and its allies) have considered preventive attacks against adversary nuclear programs before, thought the better of it and come out tolerably.
But perhaps the most important argument against attacking Iran has received less attention. That is that none of the attack proponents can give a sensible answer to the question General David Petraeus posed at the beginning of the Iraq war: “How does this end?” Kroenig and other advocates for war note, correctly, that a strike against Iran could do substantial damage to Iran’s program. But they fail to explain how the United States will prevent Iran from simply restarting its program, this time in deadly earnest. Moreover, they don’t explain why such strikes won’t contribute to the immediate rallying of the Iranian people around the otherwise reviled regime.
Can Iran survive U.S. sanctions?
All the lies fit to print
Clay Shirky writes: Thursday, Arthur Brisbane, the public editor of the New York Times, went to his readers with a question:
“I’m looking for reader input on whether and when New York Times news reporters should challenge ‘facts’ that are asserted by newsmakers they write about.”
Brisbane (who, as public editor, speaks only for himself, not the Times) referred to two recent stories: the claim that Clarence Thomas had “misunderstood” a financial reporting form when he left out key information, and Mitt Romney’s assertion that President Obama gives speeches “apologising” for America. Brisbane asked whether news reporters should have the freedom to investigate and respond to those comments.
The reaction from readers was swift, voluminous, negative and incredulous.
“Is this a joke? THIS IS YOUR JOB.”
“If the purpose of the NYT is to be an inoffensive container for ad copy, then by all means continue to do nothing more than paraphrase those press releases.”
“I hope you can help me, Mr Brisbane, because I’m an editor, currently unemployed: is fecklessness now a job requirement?”
Brisbane had clearly not been expecting this excoriating and one-sided a reaction. Brisbane has since tried to clarify his views twice. The first was on the media blog JimRomenesko.com:
“What I was trying to ask was whether reporters should always rebut dubious facts in the body of the stories they are writing. I was hoping for diverse and even nuanced responses to what I think is a difficult question.”
The second was on the NY Times site:
“My inquiry related to whether the Times, in the text of news columns, should more aggressively rebut ‘facts’ that are offered by newsmakers when those ‘facts’ are in question. I consider this a difficult question, not an obvious one.”
This only added fuel to the fire.
Now, it’s worth noting that Brisbane’s question makes perfect sense, considered from the newsroom’s perspective. Romney’s claim that Obama makes speeches “apologising” for America isn’t readily amenable to fact-checking. Instead, Romney relied on what are sometimes called “weasel words”, in which an allegation is alluded to, without being made head-on. (Romney, for instance, never quotes any of the president’s speeches when making this assertion.) For Brisbane, the open question was whether a hard news reporter should be calling out those kinds of statements, or should simply quote the source accurately.
This is what was so extraordinary about his original question: he is evidently so steeped in newsroom culture that he does not understand – literally, does not understand, as we know from his subsequent clarifications – that this is not a hard question at all, considered from the readers’ perspective. Readers do not care about the epistemological differences between lies and weasel words; we want newspapers to limit the ability of politicians to make dubious assertions without penalty. Judging from the reactions to his post, most of us never understood that this wasn’t the newspapers’ self-conceived mission in the first place.
Is Pakistan facing a military coup?
Unexpected road block to Afghanistan peace: prisoners of war
Spencer Ackerman reports: Negotiating a peace deal with the Taliban after 10 years of war in Afghanistan is hard enough. But the stalemated politics of the Guantanamo Bay detention facility risk effectively killing the negotiations before they even have the chance to end the war.
The Taliban leadership has evidently decided it wants to talk peace terms. Among the things it wants as a gesture of good faith from its U.S. adversaries: the release of five detainees from Guantanamo.
Provisions in the defense bill recently signed into law by President Obama make it difficult to transfer detainees out of Guantanamo Bay, the terrorism detention complex that turns 10 years old this week. But they’re a symptom of a greater obstacle to a peace deal: Congress’ broad, bipartisan allergy to releasing any detainees from Gitmo at all.
The calendar actually makes it worse than that. 2012 is an election year. Opening Guantanamo Bay’s doors as a gesture to the Taliban is a narrative practically begging for a political attack ad.
An administration official, who requested anonymity to discuss the super-sensitive proposition, tells Danger Room that Obama hasn’t actually made a decision — except to rule out a straight detainee release. “We would never consider an outright release,” the official says. “The only thing we’d consider is a transfer into third-party custody.” And that might actually provide the administration with a way to get the talks going, get the detainees out of Gitmo without freeing them, and keep Congress on board.
Outside analysts, however, aren’t convinced. “Politically,” says Karen Greenberg, who directs Fordham Law School’s Center for National Security, “it’s a nonstarter.”

