Tag Archives: Rich

The New 1% isn’t just the Rich, it is the Spoiled Oligarch Heirs (Krugman)

Economist Paul Krugman explains how the United States is becoming an oligarchy – the very system our founders revolted against.

Bill Moyers interviews Paul Krugman

” Capital in the Twenty-First Century by Thomas Piketty, a 42-year-old who teaches at the Paris School of Economics, shows that two-thirds of America’s increase in income inequality over the past four decades is the result of steep raises given to the country’s highest earners.

This week, Bill talks with Nobel Prize-winning economist and New York Times columnist Paul Krugman, about Piketty’s “magnificent” new book.

“What Piketty’s really done now is he said, ‘Even those of you who talk about the 1 percent, you don’t really get what’s going on.’ He’s telling us that we are on the road not just to a highly unequal society, but to a society of an oligarchy. A society of inherited wealth.”

Krugman adds: “We’re seeing inequalities that will be transferred across generations. We are becoming very much the kind of society we imagined we’re nothing like.” ”

Courtesy: http://www.juancole.com/2014/04/spoiled-oligarch-krugman.html

80 Percent Of U.S. Adults Face Near-Poverty, Unemployment: Survey

By HOPE YEN

WASHINGTON — Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

Read more » Huffington Post
http://www.huffingtonpost.com/2013/07/28/poverty-unemployment-rates_n_3666594.html

Canada drops out of top 10 most developed countries list

The United Nations human development index now ranks Canada as 11th

By the Canadian Press

Canada has slipped out of the top 10 countries listed in the annual United Nation’s human development index — a far cry from the 1990s when it held the first place for most of the decade.

The 2013 report, which reviews a country’s performance in health, education and income, places Canada in 11th place versus 10th last year.

Continue reading Canada drops out of top 10 most developed countries list

A political economy of communalism in south Asia

Hyderbad: “You Strike & We will Strike back”.

The message of ‘21/2 Hyderabad serial terror attack

By Feroze Mithiborwala

The strategic& political target of the terror attack, is the historic 2-day Strike of the Working classes, where more than 12 core or 120 million workers both from the organized & unorganized sectors participated & brought India to a halt.

This working class strike surmounted all calculations due to the scale at which the enraged working classes participated. This strike has shaken up the corporate-political elite & that is why they have struck back with a serial terror attack, where now more than 15 citizens have died & 50 grievously injured. The terror attack was orchestrated in Dilsukh Nagar, where there is a busy market & many cinema halls.

If the working class unrest takes the proportions which we witness in many nations across the world such as Greece & Spain, the ruling elite will witness a massive crisis, due to the growing burdens of price-rise, decreasing wages, increasing scams, spiraling inflation, the growing insecurity of the peasantry, workers& laboring classes, as well as the ever-widening rich-poor divide.

Continue reading A political economy of communalism in south Asia

Global super-rich elite has hidden an extraordinary $21 trillion of wealth offshore

£13tn: hoard hidden from taxman by global elite

• Study estimates staggering size of offshore economy

• Private banks help wealthiest to move cash into havens

A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary £13 trillion ($21tn) of wealth offshore – as much as the American and Japanese GDPs put together – according to research commissioned by the campaign group Tax Justice Network. ….

Read more » guardian.co.uk

Via – Twitter

Imperialism didn’t end. These days it’s known as international law

By: George Monbiot

A one-sided justice sees weaker states punished as rich nations and giant corporations project their power across the world

The conviction of Charles Taylor, the former president of Liberia, is said to have sent an unequivocal message to current leaders: that great office confers no immunity. In fact it sent two messages: if you run a small, weak nation, you may be subject to the full force of international law; if you run a powerful nation, you have nothing to fear.

While anyone with an interest in human rights should welcome the verdict, it reminds us that no one has faced legal consequences for launching the illegal war against Iraq. This fits the Nuremberg tribunal’s definition of a “crime of aggression”, which it called “the supreme international crime”. The charges on which, in an impartial system, George Bush, Tony Blair and their associates should have been investigated are far graver than those for which Taylor was found guilty.

The foreign secretary, William Hague, claims that Taylor’s conviction “demonstrates that those who have committed the most serious of crimes can and will be held to account for their actions”. But the international criminal court, though it was established 10 years ago, and though the crime of aggression has been recognised in international law since 1945, still has no jurisdiction over “the most serious of crimes”. This is because the powerful nations, for obvious reasons, are procrastinating. Nor have the United Kingdom, the United States and other western nations incorporated the crime of aggression into their own legislation. International law remains an imperial project, in which only the crimes committed by vassal states are punished. ….

Read more » guardian.co.uk

Demands of Canadians – Raise Corporate Taxes, Create Jobs, Raise Wages and Living Standards! Curb Corporate Power!

Raise Corporate Taxes, Create Jobs, Raise Wages and Living Standards! Curb Corporate Power!

The CPC (Ontario) has condemned the Ontario Budget, delivered yesterday, as a massive attack on working people and the poor that will destroy tens of thousands of jobs, drive down wages, pensions, incomes and living standards, and which, combined with the austerity measures in Thursday’s federal budget, could push the province into another deep economic recession.

The Executive Committee of the CPC (Ontario) also warned that the threat of legislated wage controls is a dangerous attack on free collective bargaining and on civil and democratic rights.

Continue reading Demands of Canadians – Raise Corporate Taxes, Create Jobs, Raise Wages and Living Standards! Curb Corporate Power!

Is America on the Verge of Theocracy? 4 Fundamentalist Ideologies Threatening U.S. Liberty

Extremists shape American politics to unabashedly pursue legislative policies that favor the rich and punish the poor.

Americans seem confident in the mythical notion that the United States is a free nation dedicated to reproducing the principles of equality, justice and democracy. What has been ignored in this delusional view is the growing rise of an expanded national security state since 2001 and an attack on individual rights that suggests that the United States has more in common with authoritarian regimes like China and Iran “than anyone may like to admit.” I want to address this seemingly untenable notion that the United States has become a breeding ground for authoritarianism by focusing on four fundamentalisms: market fundamentalism, religious fundamentalism, educational fundamentalism and military fundamentalism. This is far from a exhaustive list, but it does raise serious questions about how the claim to democracy in the United States has been severely damaged, if not made impossible.

Continue reading Is America on the Verge of Theocracy? 4 Fundamentalist Ideologies Threatening U.S. Liberty

A massive demonstration of Occupy Toronto and all its supporters will take place Saturday at 2 pm, starting from St. James Park (Jarvis and King)

We are asking everyone to come out and demonstrate Saturday, to bring friends, relatives, workmates, and everyone who cares about democracy and the objectives of the Occupy Movement, which is to oppose the gross wealth being accumulated by the rich and powerful 1% at the expense of the 99% – the rest of the population whose wages and incomes have fallen dramatically, many of whom are unemployed and under-employed, many of whom are poor and very poor, and many more who are youth and whose lives and futures have been dramatically altered by the insatiable greed of the most powerful corporations and the richest people in the world.

Join the rally at the corner of Jarvis and King at 1:30 pm, Saturday, to march & distribute People’s Voice, and our statement in support of the Occupy movement.

Please RSVP to erowley@live.ca to help, or for more info.

Comradely and in Solidarity!

Liz Rowley

OWS spreads all over

– Occupy protests spread around the world; 70 injured in Rome

By Faith Karimi and Joe Sterling, CNN

(CNN) — Thousands of people across the world railed against corporate power, grinding poverty and government cuts Saturday as the Occupy Wall Street movement spread to the streets of Europe, Asia and Australia — and took a particularly violent turn in Rome.

Firefighters battled a blaze at an Interior Ministry building near Porta San Giovanni in Rome, the main gathering site of the Italian protesters taking part in the Occupy movement Saturday, said eyewitnesses who reported seeing a Molotov cocktail thrown near the building.

A spokesman for Mayor Gianni Alemanno, who condemned the violence, confirmed 70 people were injured, 40 of them police officers. No arrest numbers were available late Saturday. ….

Read more » CNN

Who stole our country? Major cities brace for ‘Occupy Canada’

– Canadian cities brace for Occupy Wall Street’s weekend shift across the border

By Steve Mertl, Daily Brew

Toronto and other major cities are bracing for the Canadian echo of the Occupy Wall Street protest this weekend.

Thousands of people have been camped out in New York’s financial district for a week, staging marches to protest the growing gap between America’s super rich and the harried middle and working classes. Hundreds have been arrested.

The movement, sparked by an idea in Vancouver-based Adbusters magazine last summer, has since spread to dozens of American cities and now is migrating north. Toronto, Vancouver, Montreal, Calgary, Regina and even sleepy Charlottetown are scheduled to see protests on Saturday.

Toronto will be the main focal point of the Canadian effort. Protesters are expected to converge at King and York Streets in the heart of Canada’s finance and investment centre Saturday morning.

The group OccupyTO’s website raises the spectre of a New York-style long-term action rather than a one-day protest. ….

Read more » Daily Brew » YahooNews

Top of Chinese wealthy’s wish list? To leave China

by Wichaar Desk

BEIJING (AP) — Chinese millionaire Su builds skyscrapers in Beijing and is one of the people powering China’s economy on its path to becoming the world’s biggest.

He sits at the top of a country — economy booming, influence spreading, military swelling — widely expected to dominate the 21st century.

Yet the property developer shares something surprising with many newly rich in China: he’s looking forward to the day he can leave.

Su’s reasons: He wants to protect his assets, he has to watch what he says in China and wants a second child, something against the law for many Chinese.

The millionaire spoke to The Associated Press on condition that only his surname was used because of fears of government reprisals that could damage his business.

China’s richest are increasingly investing abroad to get a foreign passport, to make international business and travel easier but also to give them a way out of China.

The United States is the most popular destination for Chinese emigrants, with rich Chinese praising its education and healthcare systems. Last year, nearly 68,000 Chinese-born people became legal permanent residents of the U.S., seven percent of the total and second only to those born in Mexico. Canada and Australia are also popular. ….

Read more → WICHAAR

G. M. Syed’s Birth Day in Jail, Living With Enemies, Palijo’s Ideology, Life in Jail

Notes From My Memory, Part VIII: G. M. Laghari, Syed’s Birth Day in Jail, Living With Enemies, Palijo’s Ideology, Life in Jail

By Mir Thebo

Excerpt:

…. Living with ideological enemies: It is very difficult to live with an ideological enemy in one compound especially when there is just no way to avoid or escape him. And what do you do if that ‘ideological enemy’ is Rasool Bux Palijo who is always eager to pinch you with sharp and dreadful remarks? When we were in jail together (1968), as I mentioned in my previous note, R. B. Palijo came with the idea on 17th January to celebrate G. M. Syed’s Birth Day! I thought it was his ploy to criticize and condemn us [Communist Party (CP)] on the national question. Palijo arranged a birthday cake and some refreshments for the day. We all sat together including two muhajir comrades and paid rich tributes to Saaeen G. M. Syed.

When my turn came to speak, I compared Syed with other historical personalities like Dr. Sun Yat Sen, (Chinese nationalist leader, who played a great role in 1911 Chinese nationalist revolution, which overthrew the Qing dynasty in China), Jawahar Lal Nehru and Khan Ghaffar Khan. When Palijo’s turn came, he brutally attacked my comparison of Syed with those leaders and said, ‘Syed is far above than these leaders. Mir has tried to minimize G. M. Syed’s stature and his role.’ In rhetorical manner, he continued: ‘G. M. Syed is equivalent to Marx, Lenin and Mao’. He said: ‘these people don’t know how great G. M. Syed is’. I was flabbergasted by Palijo’s remarks. We knew how Palijo used Syed’s personality for his own narrow political interests. He himself knew very well the place of Syed. But, alas, that has been Palijo’s style all along.

R. B. Palijo’s political ideology: For political purposes, Palijo used Mao Tse-Tung whose little red book was

compulsory for every Chinese to carry during the cultural revolution (1966 to 1976) otherwise one will be labeled as counter revolutionary or an agent of the enemy. Thousands of people were persecuted especially the writers, intellectuals and middle class people. They were ruthlessly taken from their homes in the cities and were uprooted and sent to far-flung rural areas. They were humiliated under the guidance of the so-called vigilant party committees and people were forced to confess that they were anti-party and reactionary to bring them to shame in the public. Same thing was practiced in the Soviet Union during the Stalin period. They called it ‘The Great Purge’ to purify the party and the society.

Palijo found it easy to convince his workers through this sacred red book that all are enemies except his party people and that he can expel any leader or worker in the name of the great cause or the party. The same practice was common in our party too. It was actually a common practice in 3rd. world countries. Therefore almost all parties were divided in many groups and during that period Euro Communism emerged. The Western European parties denounced the Soviet system of one party rule and the dictatorship of the proletariat and the concept of democratic socialism and multi-party system emerged. New ideas emerged in 1980s in the Soviet Union too. They were called Glasnost and Perestroika (openness and restructuring) and M. Gorbachev declared a famous quote for the liberals that ‘Man is above the Ideology, the ideology is not above the man’. Those who are still Marxists and glorify the former USSR, consider Gorbachev the traitor and the one who brought down the grand empire of the UNION OF THE SOVIET SOCIALIST REPUBLIC.

Palijo brought Mao’s thoughts to his workers and Sindhi peasants and mixed it with Sindhi nationalism and formulated the idea of a Chinese model revolution in Sindh and repeatedly told his innocent workers the famous quote of Mao that “all political power comes from the barrel of the gun”. But Mao’s revolution was typical Chinese revolution. Mao didn’t copy the Russian model and he was against Russia. Both the communist powers even went to a war in 1969 over some piece of land along one of the longest international borders between the two countries although they both believed in the ideology that in future states will wither away and only universal communism will prevail. More funny thing is that it was America, the big capitalist enemy, who stopped Russians from attacking Chinese nuclear installations and Russians backed off (US journalist Harrison Salisbury reported that Soviet sources implied a possible first strike against the Lop Nur basin nuclear test site; and military documents of the time indicate that the USSR had more nuclear-attack plans against China than against the US. The United States warned the USSR against launching a nuclear strike against China. WIKI). Mao didn’t use even Marx very much. He brought the revolution in his own way as he convinced Chinese people how to fulfill difficult task through this old Chinese saying, ‘The foolish old man who moves the mountain’. ….

To read complete article: Indus Herald

The ‘wealthy’ Pakistani generals

Pakistan has had a turbulent history. And it remains in turmoil with growing internal instability and rising conflicts with its neighbours. Despite the return to civilian rule, the politics of the country has remained closely linked to the military, one of Pakistan’s most powerful institutions. The generals while projecting their utility are virtually in control. Interestingly, while Pakistan suffers economic difficulties, frequent political crises and issues like unemployment, illiteracy and malnutrition, the top brass of the army is making huge amounts of money through the corporate sector and controls large tracts of real estate. The Auditor General of Pakistan revealed that the army is using government land falling in A-1 category worth 1.4 billion USD (Rs. 120.767 billion) for commercial purposes.

The one & only political party of Pakistan which has almost 7 Lacs (seven hundered thousands) armed & trained members paid by govt from tax payers money. “Army forcibly takes its resources from civilians”. It will tell you why politicians are weak in this country.  un ki koi sunta hi nahi.

Courtesy: via- Siasat.pkSouth Asia News – You Tube

Mercenaries for the Middle East – Dr Mohammad Taqi

The Saudis know that it is nearly impossible for any political uprising there to physically coalesce, due to the population centres being geographically far apart, to cause direct threat to Riyadh.

Foreign policy is everywhere and always a continuation of domestic policy, for it is conducted by the same ruling class and pursues the same historic goals”. — The Revolution Betrayed, Leon Trotsky

In his 1983 masterpiece, Can Pakistan survive? The death of a state, Tariq Ali opens the section on Pakistan’s foreign policy during the Z A Bhutto days with the above quote from Trotsky. After duly recognising the limitations of generalising this aphorism, Tariq Ali had noted that many third-world capitals pursue a foreign policy closely mirroring their domestic economic and political policies but perhaps none has done so more grotesquely than Islamabad. Tariq Ali had written:

One of the commodities exported was labour, and the remittances sent back by migrant workers provided nearly 20 percent of the country’s foreign exchange earnings. It was also reported that 10,000 Pakistani prostitutes had been dispatched to the Gulf states by the United Bank Limited (UBL), to strengthen its reserves of foreign currency. Soldiers and officers were also leased out as mercenaries to a number of states in that region. In some ways it was telling indictment of the Pakistani state that it can only survive by selling itself to the oil-rich sheikhs.”

The Pakistani military establishment’s cooperation with Arab dictators obviously dates back to the Ayub Khan era and the UK and US-sponsored Central Treaty Organisation (CENTO) or Baghdad Pact of 1955. However, the surge in the export of mercenaries that Tariq Ali was alluding to was not because of the western sponsorship of such legions but because Pakistan, in 1971, had declared a moratorium on repayment of its foreign debt and had to look for financial aid elsewhere while the IMF would again agree to a loan (which it eventually did). While one cannot confirm the veracity of the claim about the UBL’s venture, the events of the last several months show that somehow the grotesque mediocrity of the Pakistani establishment keeps repeating its antics, as far as the export of the mercenaries goes.

The Arab spring has created unique geopolitical scenarios where old alliances are falling apart — or at least are no longer trustworthy — while new realities are taking shape much to the discontent of regional autocrats. I have repeatedly stated that Barack Obama’s instinct is to side with the democratic movements in the Middle East and North Africa, without intervening directly, even though cliques within his administration have been able to drag him into the Libyan morass. Obama’s handling of Hosni Mubarak’s fall did not go well with Saudi king Abdullah and the bitter exchange between the two, during a phone conversation, is rather well known. The wily Saudi monarch subsequently concluded that if there were to be an uprising in his courtyard, the Americans would not come to his rescue. And unless a smoking gun can be traced to Tehran, Abdullah is right. With Obama getting re-elected — yes I said it — in 2012, the Saudis have chosen to exercise other options that they have heavily invested in, for decades, to protect their courtyard and backyard.

The Saudis know that it is nearly impossible for any political uprising there to physically coalesce, due to the population centres being geographically far apart, to cause direct threat to Riyadh. But they also know that the democratic contagion can spread at the periphery of the Kingdom, with the oil-rich Eastern province slipping out of control quickly or the disquiet at the Yemeni border keeping Riyadh distracted (the latter was tested by both Gamal Nasser and Iran). The Saudi plan, just as in the 1969 bombing of Yemen by Pakistani pilots flying Saudi planes, is to use the trusted Pakistani troops to bolster the defence of not only the Saudi regime but of its client states like Bahrain.

It is not a surprise then that before Saudi Arabia invaded Bahrain on March 13, 2011, the chief of Saudi Land Forces, General Abdul Rahman Murshid visited Pakistan and before that, on March 9, met General Ashfaq Pervez Kayani. Bahrain had already requested and received assurance for military help from Pakistan in late February 2011. In fact, a leading Urdu paper carried an advertisement from the Fauji Foundation Pakistan on February 25 and March 1, seeking men for recruitment to the Bahrain National Guard. The qualifications sought were the following: age 20-25, height of six-feet or taller and military/security service background especially in riot control, which suggest that enrolment was not exactly for the Manama Red Crescent Society.

After the Saudi army brutally crushed the uprising in Bahrain, the Foreign Minister of Bahrain, Sheikh Khalid bin Ahmed al-Khalifa, met with Prime Minister Yousuf Raza Gilani and the State Foreign Minister Hina Rabbani Khar. While the Bahraini media splashed pictures of the handshake between Ms Khar and Sheikh Khalid, announcing Pakistani support to Bahrain, the actual backing had been pledged by the Chief of General Staff, General Khalid Shamim Wayne, whom the Bahraini minster met on March 29.

In her article titled ‘Bahrain or bust?’, Miranda Husain writes: “Chomsky believes Pakistani presence in Bahrain can be seen as part of a US-backed alliance to safeguard western access to the region’s oil …The US has counted on Pakistan to help control the Arab world and safeguard Arab rulers from their own populations… Pakistan was one of the ‘cops on the beat’ that the Nixon administration had in mind when outlining their doctrine for controlling the Arab world.” Ms Husain and the American Baba-e-Socialism (Father of Socialism), Chomsky, conclude with the hope that Pakistan should not meddle in the Middle East.

I believe that Chomsky’s reading of the situation in the Persian Gulf is dead wrong. It is the divergence — not confluence — of US-Saudi-Pakistani interests that is the trigger for potential Pakistani involvement there. The Pakistani brass’ handling of the Raymond Davis affair and now its insistence — through bravado, not subtlety — on redefining the redlines with the US indicates that just like the 1971 situation, an alternative funding source to the IMF has been secured. The Pasha-Panetta meeting has raised more issues than it has solved. Pakistani-Saudi interests are at odds with the US and are confluent with each other.

From the Kerry-Lugar Bill to the Raymond Davis saga, the mullahs have been deployed swiftly to create an impression of public support for the establishment’s designs. Last Friday’s mobilisation of the religious parties in favour of the Saudis is the establishment’s standard drill and will be repeated as needed. The Pakistani deep state apparently has decided to keep selling itself to the oil-rich sheikhs. The domestic policy of coercion and chaos will be continued in foreign lands too.

Courtesy: Daily Times

Shikarpur (A tragic city in Sindh)

Shikarpur city in Sindh has 400 year old rich history. From the centuries this city was famous as a gate way for the business point of view.

Traders from all over South east Asia passed through this city via Bolan to Iran and other countries.

Before the partition in 1947, Shikarpur was a great city with rich culture, wonderful architectural buildings, fabulous parks, mouth-watering cuisines, and also famous for their Kulfi and Pickles.

It was called “The Paris of Sindh”. A city which was made by their own people, without the help of the state. But now the situation in Shikarpur is terrible. Law and order situation is alarming. Its looks like many Shikarpurin’s has lost the affection about their historical city.

Young and educated Shikarpurin’s need to get unite to save this wonderful city, with amazing past.

You Tube

 

Protests in Oman Spread

By NADA BAKRI

BEIRUT, Lebanon — Demonstrators blocked roads and clashed with police on Monday in Oman, the normally quiet oil-rich country along the southeastern coast of the Arabian Peninsula, as three-day-old protests calling for political reforms and better living conditions spread to Muscat, the capital.

In the northeast port city of Sohar, where the protests originated, demonstrators blocked roads to the port, Oman’s second biggest, and an industrial area that includes a refinery and an aluminum factory, according to two witnesses in Sohar and news agencies. They also set a supermarket on fire and clashed with the police. Protesters have also been camped out for three days in the city’s main square, called Kurra Ardiyah Roundabout, despite efforts by police and army to push them out, a resident in Sohar said by e-mail. …

Read more : The New York Times

Pakistan’s Higher Court Confirms There Are Two Laws : one for the powerful, other for the weak?

Supreme Court decision to give a rare second extension to Justice Khalil Ramday and appoint Justice Rahmat Hussain Jafferi as an ad hoc judge confirms that there are two laws in the country: one for the powerful, other for the weak; one for the rich, other for the poor; one for the Supreme Court, other for the rest of the country!

Please note that the Supreme Court has been hearing and deciding the fate of many government officials who have been given extensions or have been re-employed after their retirement. How will the court hear such cases anymore?  What will be its credibility in other cases?

Courtesy: Aaj News TV (Aaj Ki Khabar – 15th February 2011)

via – ZemTVYou Tube Link

The Downfall of Political Islam

by Samir Yousif

Finally I would point out that political Islam has failed to provide a political model that can compete with other contemporary political models, such as the Chinese model, Western democracies, or even developing democracies such as India and the other Asian countries. That comes with no surprise, as religion, any religion, keeps itself centuries behind.

The theme of my argument is the following statement: Islam, as a religion, has nothing to offer to economic or political theory. This simple idea has serious consequences. Political Islam, when it runs the country, will ultimately fail. It has no appropriate agenda that provides solutions to real political or economic challenges such as underdevelopment, unemployment, inflation, recession, poverty, just to mention a few.

(I will not touch upon the most significant political-socioeconomic issue which is income inequalities, because Islam accepts a society composed of very rich classes living side by side with very poor classes- examples can be found from history or from today’s Muslim countries like Saudi Arabia, and Iran). While some Islamists continue to claim the existence of “Islamic economics,” they have failed in producing anything close to a simple theory of economics.

I believe that the main reason for the downfall of Muslim civilisation was the inherent social crisis: a society composed of few rich surrounded by the poor masses kept going by a strong religion. Social and political revolutions took place several times during the heyday of Muslim civilisation, as happened during the Umayyad Caliphate, the Abbasid Caliphate, in Muslim Spain, and the famous Zanj Rebellion during the year 869 in Basra. But historians have ignored such revolutions. Muslim economies have failed throughout history to solve the very basic problem: the wage equation. Unskilled and skilled workers were downgraded to the lowest classes in Muslim societies, and were paid the minimum. History has showed that under Islam the wealth of the country went mainly to the Calipha, feeding his palace, army, the royal family, and to the vested interest that the Calipha has chosen himself. The tax system was mainly imposed on the agricultural sector, what was known as the produce tax (Kharaj).

“Islamic economics” is a term used today to justify the significant income inequalities in such societies and to find religiously- accepted investment opportunities for the rich. …

Read more : http://www.document.no/2011/01/the-downfall-of-political-islam/

Behind Tunisia Unrest, Rage Over Wealth of Ruling Family

By DAVID D. KIRKPATRICK

HAMMAMET, Tunisia — This ancient Mediterranean hamlet, advertised as the Tunisian St.-Tropez, has long been the favorite summer getaway of President Zine el-Abidine Ben Ali and his large extended family, many of whom have built vast beachfront mansions here with the wealth they have amassed during his years in power.

But their new and conspicuous riches, partly exposed in a detailed cable by the American ambassador and made public by WikiLeaks, have fueled an extraordinary extended uprising by Tunisians who blame corruption among the elite for the joblessness afflicting their country. …

Read more : The New York Times

Jagruti- Sindhi film in Nagpur

Mumbai : First Ever Movie in Hindi about Sindhi Culture & Heritage “The Awakening Jagruti”. Enjoy watching story of a girl in search of her culture, with melodious rich Sindhi Music. It will touch your heart and you will relate her story with yourself. See prominent Advocate and Lok Sabha member Shree Ram Jethmalani on Silver screen. Enjoy heart throbbing foot taping disco Number by famous actress of Bollywood Preeti Jhangiani. Releasing in Smruti Cinema, Sadar, Nagpur on Sunday 19th at 9-30 am. Do not miss come with family and friends.

Petition urging 9 senators to join Senator Sanders in stopping the millionaires’ bailout

Block the Millionaire Bailout

Last night, President Obama announced that he’s giving in to the GOP and extending the Bush tax breaks for the rich.

The “deal” President Obama is proposing is an “absolute disaster,” as Senator Bernie Sanders said. So Sen. Sanders said last night he would “do whatever I can to see that 60 votes are not acquired to pass this piece of legislation.”

But Sen. Sanders can’t do it alone. So we’re urging other leading progressives in the Senate to stand with him to block any extension of the millionaire bailout.

Can you sign the petition to leading progressive senators today?

A compiled petition with your individual comment will be presented to Sens. Feingold, Franken, Brown (OH), Boxer, Merkley, Whitehouse, Durbin, Harkin, and Schumer.

Political Action – Sign the Petition : Move On

While, Pakistanis are dying to be pro-Arab, the beloved Ummah doesn’t give a damn!!!

DIPLOMATIC BUBBLES: Disaster tourism amidst concern for Muslim Ummah —By Saeed Minhas

Excerpt:

…. Countries like Saudi Arabia, Kuwait, UAE, Egypt and their oil-controlling giant Organisation of Petroleum Exporting Countries (OPEC) has contributed only a couple of hundred million dollars altogether, and that too through the Red Crescent or other International organisations for in-kind donations. Despite knowing that over 65 helicopters, 19 of which come from the US alone, are working around the clock, none of these oil-rich countries have even asked to foot the oil bill or donate oil for these humanitarian sorties. An hour of a helicopter flight costs an estimated Rs 100,000 in fuel expenses alone, and so far as per the Pakistan Air Force (PAF) figures, over 200 hours of flight operations have been carried out throughout Pakistan.

Another diplomat chipped in by saying that all these ‘brothers’ seem to be good enough for political and strategic guarantees but nothing more for Pakistan. …

To read full article >> Daily Times