The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.

The term "globalization," like most terms of public discourse, has two meanings: its literal meaning, and a technical sense used for doctrinal purposes. In its literal sense, "globalization" means international integration. Its strongest proponents since its origins have been the workers movements and the left , which is why unions are called "internationals", and the strongest proponents today are those who meet annually in the World Social Forum and its many regional offshoots.

North Korea and China have proposed what sounds like a pretty sensible option that North Korea should end its development of nuclear weapons, the US should stop carrying out hostile military maneuvers on the North Korean border. The US immediately rejected it. Modernization program is a very clear example of how security doesn't matter. There is no gain in security but massive overkill of the adversary's deterrent capacity. The only consequence of it is to elicit the likelihood of a preemptive attack. And a preemptive attack leads to a nuclear winter world.

As we [with Edward Herman] discuss there [in Manufacturing Consent] and elsewhere, recognition of the importance of "manufacturing consent" has become an ever more central theme in the more free societies.

In fact, it was stated early in the first Bush [presidency], Bush I, in one of their documents they pointed out in the future, US wars are going to be against much weaker enemies. And they have to be won quickly and decisively before a popular reaction develops. And Iif you take a look, that's what's done. Look at Panama, for instance, over a couple of days; and Kosovo, no American troops.

It's only terrorism if they do it to us. When we do much worse to them, it's not terrorism.

...if you ask me whether or not I'm an atheist, I wouldn't even answer. I would first want an explanation of what it is that I'm supposed not to believe in, and I've never seen an explanation.