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Afghanistan may be the graveyard of empires, but Iraq is home to a graveyard sense of humor. Iraqis wonder aloud whether the U.S. and Britain would have invaded Iraq if its main export had been cabbages instead of oil. However obvious the answer, a remarkable array of American pundits and pseudo-savants have resisted giving the oil factor any pride of place among the motives behind the U.S./U.K. decision to invade Iraq in 2003. To this day, the Fawning Corporate Media (FCM) continues to play its accustomed role as government accomplice suppressing unwelcome news. So, if you don't tune in to Amy Goodman's Democracy Now or read the British press, you would have missed the latest documentary evidence showing that Great Britain's Lords and Ladies lied about how big oil companies, like BP, lusted after Iraqi oil in the months leading up to the attack on Iraq. Oil researcher Greg Muttitt's new book Fuel on Fire: Oil and Politics in Occupied Iraq presents that evidence, since Muttitt had better luck than his American counterparts in getting responses to his Freedom of Information requests. After a five-year struggle, he obtained more than 1,000 official documents which - how to say this - do not reflect well on the peerage, the captains of the oil industry, and the government of Tony Blair.

Germany with its manufacturing base and export prowess is the U.S. of yesteryear, an economic power unlike any of its European neighbors. It has thrived on principles America seems to have lost.

The madness that is the proposed tax repatriation holiday is continuing and gathering steam. More and more members of congress are coming out of the woodwork, scratching their chins in contemplative consideration as it were, pretending that they've just realized what a great day a corporate tax holiday would be - not that they've taken gazillions of dollars from the firms lobbying for it or anything. The latest convert seems to be Nevada Democrat Shelley Berkley. Berkley's plan is to offer a pseudo-holiday - not the full-fledged happy-ending massage the companies wanted (i.e. a reduction from 35 percent+ to 5.25 percent) but a mere ten-point shave: Representative Shelley Berkley, a Nevada Democrat, is the latest lawmaker to consider legislation allowing multinational companies to send offshore profits to the U.S. at a reduced tax rate. Her proposal, which was confirmed yesterday by Berkley's communications director, David Cherry, would allow companies to return profits to the U.S. at a 25 percent tax rate, 10 percentage points below the maximum statutory rate. Most companies publicly supporting a holiday, such as Duke Energy Corp., have spoken favorably of the 5.25 percent rate that is being offered by Representative Kevin Brady, a Texas Republican. One thing that people must understand about this tax repatriation business is that it's a wholly bipartisan affair. It's not solely the work of evil Republicans. This is a scheme that requires heavies in both parties to help ram the knotty, hard-to-sell legislation through. On the Democratic side, unsurprisingly, the main actor is going to be Chuck Schumer. John Kerry is also involved with this nastiness. Barbara Boxer led the 2004 effort and the failed 2009 campaign to get a holiday, and is rumored to be lurking somewhere in this business. Note that Cisco, a California corporate heavyweight and one of the companies lobbying most ravenously for this tax holiday, has been a consistent lifelong contributor

WASHINGTON –  The U.S. financial system expanded at a 2.8 % once-a-year charge from July as a result of September, a stunning indication of toughness forward of the 16-working day partial authorities shutdown. Exports rose, firms stocked up, property construction increased and point out and regional governments used at the swiftest rate in four years.