Dr. Khair El-Din Haseeb’s Presentation at Geor getown University
http://www.globalcomplexity.org/DrHaseeb%27slecture.htm
"Large countries can and do fail, they have done so in our own time. And the consequences are very grave: drastic declines in services, in living standards, in life expectancies, huge increases in social tension, in repression, and in violence. These are the consequences of following through with crackpot ideas such as those embodied in the Bowles-Simpson deficit commission, as Jeff Madrick again outlined, such notions as putting arbitrary limits on the scale of government, or arbitrary limits on the top tax rate affecting the wealthiest Americans.
This isn’t a parlor game. The outcome isn’t destined to be alright. It will not necessarily end in progress whatever happens. What we do, how we proceed, and how we effectively resist what is plainly about to happen, matters very greatly for the future of our country, of our children, and of another generation to come. We need to lose our fear, our hesitation, and our unwillingness to face the facts. If we thereby lose some of our hopes, let’s remember the dictum of William of Orange that “it is not necessary to hope in order to persevere.”
The President should know that, as Lincoln said to the Congress in the dark winter of 1862, he “cannot escape history.” And we are heading now into a very dark time, so let’s face it with eyes open. And if we must, let’s seek leadership that shares our values, fights for our principles, and deserves our trust."
"Why do the folks in power in Washington seem unable or unwilling to consider a financial speculation tax? Let's imagine for a moment that during his stint as OMB director Peter Orszag had been a vocal advocate of financial speculation taxes. It doesn't seem likely that under these circumstances Citigroup would currently be offering him a job that, according to the New York Times, would typically pay $2 to $3 million a year."
"Obama had a tremendous opportunity to educate and mobilize people against the neoliberal or market fundamentalist approach that deregulated the financial sector and caused the crisis. Although Obama did allude to unregulated financial markets as the key problem during the campaign, he refrained from demonizing neoliberalism after he took office, thus presenting an ideological vacuum that the resurgent neoliberals did not hesitate to fill. No doubt he failed to launch a full-scale ideological offensive because his key lieutenants for economic policy, National Economic Council head Larry Summers and Treasury Secretary Tim Geithner, had not broken with neoliberal thinking.
...
In contrast to Obama, the right wing understood the demands and dynamics of politics at a time of crisis, as opposed to politics in normal times. While Obama persisted in his quest for bipartisanship, the Republicans adopted a posture of hard-line opposition to practically all of his initiatives.
Unlike Obama and the Democrats, the right posed the conflict in stark political and ideological terms: between left and right, between “socialism” and “freedom,” between the oppressive state and the liberating market. The Republican opposition used all the catchwords and mantras they could dredge up from bourgeois U.S. ideology.
Finally, in contrast to Obama’s neglect of the Democratic base, the right eschewed Republican interest-group politics. Fox News, Sarah Palin, and the tea party movement stirred up the right-wing base to challenge the Republican Party elite and drive a no-compromise, take-no-prisoners politics. To understand what has happened to the Republican Party in the last few weeks with the string of tea party successes in the primaries, historian Arno Mayer’s distinction among conservatives, reactionaries, and counterrevolutionaries is useful. In Mayer’s terms, the counterrevolutionaries, with their populist, anti-insider, and grassroots-driven politics are displacing the conservative elites that have long held sway in the Republican Party."
Dear Madam Speaker:
Consistent with Section 202(d) of the National Emergencies Act, 50 U.S.C. 1622(d), I have sent to the Federal Register the enclosed notice, stating that the emergency declared with respect to the terrorist attacks on the United States of September 11, 2001, is to continue in effect for an additional year.
The terrorist threat that led to the declaration on September 14, 2001, of a national emergency continues. For this reason, I have determined that it is necessary to continue in effect after September 14, 2010, the national emergency with respect to the terrorist threat.
Sincerely,
BARACK OBAMA