March 20, 2017

Issue 05 – May 2009

By In Volume 6 2009

Recommended Reads

If you are an independent, small press, or traditional publisher and would like to submit your book(s) for consideration to “Recommended Reads,” click here.

 

A Worthy Legacy

By Tomi Akinyanmi
www.amazon.com
(Fiction)
Touching and lyrical account about a dying Nigerian man and his practical wisdom for living life to the fullest.

Dangerous Liaisons
By Michael D’Ambrosio


www.amazon.com
(Science Fiction)
In this action-packed sequel to The Eye of Icarus, Lieutenant Will Saris and his new bride are caught in a web of treachery where no one, including the Space Fleet, can be trusted.

Shroud of Beckoning
By Deb Woody


www.amazon.com
(Fiction)
Thought-provoking supernatural tale about a four-year-old who is possessed by a demonic spirit.

Shadows and Not
By Sara Brown


www.amazon.com
(Poetry)
Soul-searching poetry anthology that illuminates the human condition.

America’s Suicidal Statecraft
By James Cumes


www.amazon.com
(Nonfiction)
Well researched and documented examination of the self-destructive policies of the United States.

The Handkerchief
By Julian Stark


www.amazon.com
(Fiction)
An intimate and probing love story that examines the breadth and depth of love and passion between two people.

The End of the 19th Century
By Eric Larsen


www.amazon.com
(Fiction)
Imposing lyrical epic about a Midwestern family’s journey through time and space.

Up Close: A Mother’s View
By Fiona Yaron-Field


www.amazon.com
(Nonfiction)
A touching and meditative memoir of a mother and her disabled daughter told through pictures and commentary.

Secrets Revealed
By Sheshena Pledger


www.amazon.com
(Fiction)
Gritty crime noir tale about a notorious crime family’s feud with its biggest rival.

A Case of Wild Justice
By Yvonne Jerrold


www.yvonnejerrold.com
(Fiction)
An intriguing story about a group of senior citizens who fight back against crime and vandalism in their neighborhood by becoming human booby traps.

What Can We Do Next? The
Adventures of Lexi and Lolly

By Toula Magi


www.ToulaMagi.com
(Fiction)
Delightful children’s story about the adventures of a little girl and her imaginary friend.

The Survivors
By Derek Laurens


www.amazon.com
(Fiction)
Fast-paced sci-fi adventure about the crew of a space cruiser that lands on a distant planet inhabited by savage humanoids.

Lizard’s Lair
By Derek Laurens


www.amazon.com
(Fiction)
The novella prequel to the sci-fi adventure, The Survivors.

My Angels Are Come
By Art Stump


www.clumsyducks.com
(Nonfiction)
Insightful and candid day-to-day journal of how the author dealt with and survived prostate cancer.

Ghost Tango
By Janeen Ledford


www.amazon.com
(Fiction)
Intriguing account of a female teacher in a male prison for violent felons.

The Declaration of White Independence: The Founding Documents of Transudationism
By Kyle McDermott


www.amazon.com
(Fiction)
Controversial examination of race, religion, and spiritual evolution.

Awaken and Arise!
By Arthur Earl Jones, Ph.D.


www.planetaryascension.net
(Autobiography)
Fascinating, mystical life journey devoted to spirituality, self-discovery and planetary ascension.

One Time in Paris
By Wade Stevenson


www.amazon.com
(Memoir)
&nbsp An engaging and passionate account of a young man’s adventures and romances in 1960s Paris.

The Eye of Icarus
By Michael D’Ambrosio


www.publishersdrive.com
(Science Fiction)
Exciting story of an ambitious young officer who embarks on his first space mission that sets off a chain of events that not only changes his life but much of the universe
as well.

Prodigal of the Pecos
By C.E. Edmonson


www.pecosbooks.com
(Fiction)
Gritty Western tale about a man who returns home after many years to find the land of his birth embroiled in a bitter and deadly
land war.

Dolphins Under My Bed
By Sandra Clayton


www.dolphinsundermybed.com
(Nonfiction)
Inspirational memoir of how two baby boomers transform their lives by quitting their jobs and living on a sailboat.

Hermetica
By Paul Kiritsis


www.paulkiritsis.com
(Poetry)
Thought provoking collection of personal myths, legends, and poems centered on Egyptian and classical mythology.

Stolen Fields
By Jean Boggio


www.jeanboggio.com
(Nonfiction)
Riveting account of a family that held out against the government’s eminent domain takeover of their farm and how it shattered their American Dream.

Eleven Roses

By Alexander Hernandez
www.myspace.com/elevenroses
(Fiction)
Passion-filled story about a high-powered attorney who is forced to make a decision between a successful career and the woman
he loves.

What the Hell Is a Liberal?

By David Truskoff
www.erols.com/suttonbear
(Nonfiction)
Hard-hitting and insightful assortment of progressive essays and observations about politics and life.

 

If you are an independent, small press, or traditional publisher and would like to submit your book(s) for consideration to “Recommended Reads,”

click here.

 

Book submission deadline is
the 20th of each month.

 

Links For Independent Writers & Publishers

• Publishers Marketing Association (PMA): Largest non-profit trade association helping independent publishers
• Small Press Center: Non-profit organization designed to help small independent book publishers
• Press Release Services: Submit Press Release, Online Distribution Services.
• LitPitch: Place to read books online for free and for authors to pitch book ideas and get feedback.
• Bookwired.com: Author/reader resource for book reviews and news
• WriteLinks.com: Complete list of book publishers & publishing info
• Books-in-Print.com: Registry of electronic publications
• Bowker.com: Major book and publishing data
• PubEasy.com: E-commerce site for global bookselling
• Published.com: Informative and helpful site for independent writers and self-publishers.
• The Center for the Book: Book fairs & literary events
• American Booksellers Association: Organization for independently owned bookstores
• Business.com: Site listing book distributors and wholesalers
• Dowse: A list of e-book publishers
• Internet Publishing: Tips about online publishing from Piers Anthony
• Online Books Page: Listings of books online, news, & features
• Book Sense.com: Family of bookseller Web sites
• Nospine.com: Independent authors from around the world
• Author Yellow Pages: Online author directory
• Dan Poynter’s Para Publishing: The Godfather of self publishing
• Bookcrossing.com: Global book club & reading group
• Newradiance.com: Over 90 pages of inspired marketing ideas for small business owners and self-published authors.

 

Links For Progressive Publications & Organizations

• PEN.org: “An association of writers working to advance literature, defend free expression, and foster international literary fellowship.”
• TruthDig.com: “Hard-hitting investigative journalism.”
• MoveOn.org: Influential democracy in action group
• The Nation.com: “Unconventional wisdom since 1865.”
• Op/EdNews.com: “Progressive news and essays.”
• Air America Radio: “Unabashed liberal talk radio and humor.”
• Counterpunch: Hard-hitting alternative news and essays
• Buzzflash.com: Headlines and stories from dozens of alternative publications
• Democracy Now!: Complete and comprehensive presentation of alternative news and analysis with Amy Goodman leading the charge.
• Brad Blog: Up-to-date progressive news & opinions.
• Radio Power Network: Listener supported, independent radio streaming progressive music and culture from around the world.
• NPR.org: National listener supported news and information.
• Pacifica Radio: Listener-sponsored radio featuring alternative news and community service.
• From the Wilderness: Radical alternative news and essays
• Tom Paine.com: Alternative news and essays
• Mother Jones.com: Alternative and environmental news
• Liberalism Resurgent: Wealth of information on liberalism & politics
• The Foundation for Taxpayers & Consumer Rights: Loads of information about social and consumer issues
• TvNewsLies.org: A compendium of TV news lies
• In the Spotlight: Unsettling information about the voting process in America
• The Rest of Story: Alternative news on the media
• Judicial Watch: Legal watchdog information
• The Center for Public Integrity: Public service journalism
• PFAW.org: People for the American Way

 

Mixed Economic Report Card
On Obama’s First 100 Days

By Rodrigue Tremblay

“An election cannot give a country a firm sense of direction if it has two or more national parties which merely have different names but are as alike in their principles and aims as two peas in the same pod.”

— Franklin D. Roosevelt, 32nd US President (1933-45)

“Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people.”

— Theodore Roosevelt, 26th US president (1901-1909)

“I don’t remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world.”

— Paul Volcker, former U. S. Fed Chairman

“Prosperity is just around the corner.”

— President Herbert Hoover, 1932

“This recession was not caused by a normal downturn in the business cycle. It was caused by a perfect storm of irresponsibility and poor decision-making that stretched from Wall Street to Washington to Main Street.”

— President Barack Obama, April 14, 2009

On April 29, 2009, President Barack Obama completed his first 100 days in office, a symbolic milestone. In somewhat of a parallel to Franklin Delano Roosevelt, who succeeded the beleaguered administration of Herbert Hoover, Barack Obama took over from a most clumsy predecessor, George W. Bush.

And, just as for Roosevelt, Obama had a window of opportunity in his first 100 days in office to initiate new ways of doing things and new policies. He had all the incentive, mandate and leeway necessary to distance himself from the previous administration and profoundly change things for the future.

On the economic front, for example, facing a most urgent challenge then as of now, President Roosevelt immediately embarked upon a comprehensive program of fundamental reforms and of public works. For instance, he did not hesitate to close American banks, going as far as to declare a “bank holiday” from March 6, 1933 to March 14, 1933, in order to reorganize the banking system and to clean up the banks’ books. The purpose, of course, was to renew public confidence in financial institutions and to reestablish the flow of credit and the level of spending in the economy.

Some seventy-six years later, it is fair to say that President Barack Obama was much less determined in dealing with a similar, serious banking crisis, firstly by reappointing or keeping officials close to the previous Bush administration (Timothy Geithner, Ben Bernanke, etc.) and secondly, by prolonging Bush’s policies of subsidizing “too big-to-fail” and “too big-to-manage” mega-banks with a minimum of conditions, instead of restructuring them and changing their business model.

This applies to Fannie Mae, Freddie Mac, American International Group (AIG), and a host of large international investment banks (J.P. Morgan Chase, Goldman Sachs, Citibank, Wells Fargo, Sun Trust Bank, HSBC Bank USA, etc.) that have indulged in casino finance rather than concentrating on channeling stable capital into the economy. In so doing, and in contrast to what Franklin D. Roosevelt did, Obama did not confront and reverse the unhealthy and corrupt symbiosis between big business and big government, which most everybody knows to be the main cause of the current financial crisis; he prolonged it.

For example, no thorough investigation on the basic causes of the financial crisis has been launched, and no structural changes in the financial system have been advanced, above and beyond throwing trillions of public dollars to camouflage the problem. Consequently, mega-banks can still rely on casino finance through the derivative market, still package and collateralize long-term loans into risky short-term financial instruments.

Similarly, gamblers can still buy Credit Default Swaps (CDS), even though they have no owned securities to protect, while simultaneously engaging in naked short selling of the stocks of companies, in the hope of depressing the price of their collateralized debt obligations (CDO). The derivative market is the greatest grand casino of all, and if left unregulated, it will come again to haunt the real economy in the future.

Another issue that the new administration failed to tackle is the practice of vulture or predatory capitalism, where financial operators are allowed to raid profitable companies and to saddle them with the debt incurred to take them over. Through such a process, prudently managed companies become the prey of unscrupulous financial operators who raid them while resorting to the practice of leveraged finance.

Most amazing of all, maybe, is the lack of concern about the repeal of the 1933 Glass-Steagall Act, and its replacement, in late 1999, by the pro-banks Gramm-Leach-Bliley Act (GLBA) that, in effect, removed most regulations of risk-taking investment banking. A similar issue is the lack of concern about the way the Securities and Exchange Commission (SEC) abandoned its role of protector of the public interest and became a cheerleader of the mega-banks.

All this leads to the observation that the structural financial problems of the American banking system have not been aggressively tackled and corrected, and that future financial crises and their attendant economic dislocations can be expected. The record will show that President Obama, in his first 100 days in office, has given the impression of being co-opted by Wall Street and its laissez-faire ideology, at a time when a clean break was necessary.

When there are flaws in the policies of a new administration, the responsibility may not rest with the President alone, but one must look at his entourage. For better or for worse, President Barack Obama has surrounded himself with close advisors who are cut from the same cloth: Rahm Emanuel as his Chief of Staff, David Axelrod, as his senior political adviser, and Lawrence Summers, director of the National Economic Council and his top economic adviser. Since these advisors have been known in the past to be opposed to the regulation of exotic financial instruments, this could explain why President Obama chose someone to head the strategic Commodity Futures Trading Commission (CFTC) who is also opposed to such regulation, Mr. Gary Gensler. Keep in mind that the CFTC is one of the outfits that regulate the trading in futures contracts on a host of derivative products that have magnified the subprime mortgage meltdown.

Sometimes the real influence of close advisors on policies and decisions can be stronger than that of the President himself, the latter being busy making speeches, appearing on TV shows and traveling around the world. The image that comes to mind is the boxer who is taking it on the chin in the ring, while the backroom managers run the shop. Obviously, President Obama’s entourage seems to be most influential… for better or for worse. And they have a bias towards Wall Street rather than Main Street.

Rodrigue Tremblay is professor emeritus of economics at the University of Montreal and can be reached at rodrigue.tremblay@yahoo.com. He is the author of the book The New American Empire. Visit his blog site at www.thenewamericanempire.com/blog.

 

 

Featured Book

A bone-chilling political
morality fable…

— Midwest Book Review

Sunshine Assassins by John F. Miglio

 

Buy Sunshine Assassins by John F. Miglio
Sunshine Assassins
By John F. Miglio
(Fiction)
Controversial political thriller about a band of democratic rebels and their attempt to overthrow the corporate fascist shadow government in the USA…Read Reviews

John F. Miglio is available for all types of speaking engagements. For information, click here

 

Book of the Year
(Nonfiction 2008)

OR Book of the year 2008

 

amazon.com
The Prosecution of George W. Bush for Murder
By Vincent Bugliosi


A powerful and convincing case against George W. Bush and his inner circle of advisors for the murder of over 4,0000 U.S. soldiers in Iraq.

 

Book of the Year
(Fiction 2008)

OR Book of the Year 2008

 

amazon.com
The Naked Earth
By Jonathan Adam DeCoteau


Exciting and insightful story about an Iraqi-American photographer who seeks redemption after he commits a brutal crime against his fellow man in Basra.

 

Book of the Year
(Nonfiction 2007)

OR Book of the year 2007

 

amazon.com
Fooled Again
By Mark Crispin Miller


Every American should read this well-documented and comprehensive account of the nationwide election fraud that handed George W. Bush a second presidential election.

 

Book of the Year
(Fiction 2007)

OR Book of the Year 2007

 

amazon.com
Dream of the Dragon Pool
A Daoist Quest

By Albert A. Dalia


An unforgettable tale about China’s best-loved poet-adventurer that blends magic, myth, and occult powers with
fast-paced action.

 

Book of the Year
(Nonfiction 2006)

OR Book of the year 2006

 

amazon.com
Your Daily Walk with the Great
Minds of the Past and Present

By Richard A. Singer Jr.


A terrific inspirational guide to personal transformation and spiritual development that uses quotes of famous people and insightful advice for every day of the year.

 

Book of the Year
(Fiction 2006)

OR Book of the Year 2006

 

amazon.com
Hollywood and Sunset
By Luke Salisbury


Witty and well written story about a writer from the East who takes a life-altering tour of 1916 Hollywood– in the company of D.W. Griffith, Lillian Gish, and Howard Gaye, an actor who likes to dress up as Jesus Christ.

 

Book of the Year
(Nonfiction 2005)

OR Book of the Year 2005

 

amazon.com
Bush on the Couch
By Justin A. Frank, M.D.


A compelling and insightful look into George W. Bush’s psyche, and how his deep-seeded fears, insecurities, and megalomania have undermined the safety of our country.

 

Book of the Year
(Fiction 2005)

OR Books of the Year 2005

 

amazon.com
Clearing Customs
By Martha Egan


A sinister, yet amusing tale of an ex-hippie owner of a small, struggling Latin American imports store who joins with her friends to fight corrupt custom officials whose harassment threatens to put her out of business.

 

Books of the Year
(Nonfiction 2004)

OR Books of the Year 2004

 

amazon.com
The Assassination of
Julius Caesar

By Michael Parenti


Award-winning author and scholar examines ancient Roman history from a populist viewpoint, arguing that Caesar was assassinated for being a champion of the people.

OR Books of the Year 2004

 

amazon.com
The War on Freedom
By Nafeez Mossaddeq Ahmed


Riveting and well-researched expose of how and why America was attacked on 9/11, including information about faked terrorism and mass media manipulation by the Bush administration.

OR Books of the Year 2004

 

amazon.com
Crossing the Rubicon
By Michael Ruppert


Hard-hitting, iconoclastic editor/publisher of “From the Wilderness” strips the power elite to the bone and takes a shocking look at the decline of the American empire at the end of the age of oil.

 

Books of the Year
(Fiction 2004)

OR Books of the Year 2004

 

amazon.com
Candle in a Dark Time
By Virginia Stuart


Compelling, emotionally charged story of how a Danish woman risks her life to save Jews from Nazis during World War II.

OR Books of the Year 2004

 

amazon.com
My Life: A Story
By Jesus Christ

By Christopher Miller


Innovative and provocative story of the life of Jesus Christ told as a first person narrative.

OR Books of the 2004

 

amazon.com
The Others at Monticello
By Esther Franklin


Award-winning historical novel that explores the relationship between Thomas Jefferson and his slaves, especially Sally Hemings and her children.

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