Daily Archives: February 5, 2005

2 posts

2018: The Magic Number (Alarm, Deception, and Social Security)

4 Feb. 2005 | AlterNet by Mark Weisbrot, co-director of the Center for Economic and Policy Research Sometimes a number can take on great significance as a symbol. The number on a famous athlete’s uniform, or the date of an historic event. Anniversaries, the turn of a century, or fears associated with such events — remember the Y2K scare? “Thirteen years from now, in 2018, Social Security will be paying out more than it takes in,” declared President Bush in his State of the Union speech. President Bush, along with others who want to cut Social Security benefits and partially […]

All Players Gained From ‘Oil-for-Food’

3 February 2005 | Los Angeles Times On the U.N. Security Council, competing national interests and economic stakes in Iraq chilled willingness to scrutinize the program. by Maggie Farley UNITED NATIONS — It was the summer of 1990, and Saddam Hussein’s Republican Guard had just stormed into oil-rich Kuwait. The U.N. Security Council, hoping to induce Iraq to withdraw and disarm, responded by imposing sanctions. Nearly 15 years, two wars and a regime change later, those sanctions and the multibillion-dollar “oil-for-food” program that followed them still shadow the United Nations. Eight investigations are underway in Washington and New York into […]