March 20, 2017

Issue 03 – March 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.


Shadows and Not
By Sara Brown
Soul-searching poetry anthology that illuminates the human condition.

America’s Suicidal Statecraft
By James Cumes
Well researched and documented examination of the self-destructive policies of the United States.

The Handkerchief
By Julian Stark
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
Imposing lyrical epic about a Midwestern family’s journey through time and space.

Up Close: A Mother’s View
By Fiona Yaron-Field
A touching and meditative memoir of a mother and her disabled daughter told through pictures and commentary.

Secrets Revealed
By Sheshena Pledger
Gritty crime noir tale about a notorious crime family’s feud with its biggest rival.

A Case of Wild Justice
By Yvonne Jerrold
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
Delightful children’s story about the adventures of a little girl and her imaginary friend.

The Survivors
By Derek Laurens
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
The novella prequel to the sci-fi adventure, The Survivors.

My Angels Are Come
By Art Stump
Insightful and candid day-to-day journal of how the author dealt with and survived prostate cancer.

Ghost Tango
By Janeen Ledford
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
Controversial examination of race, religion, and spiritual evolution.

Awaken and Arise!
By Arthur Earl Jones, Ph.D.
Fascinating, mystical life journey devoted to spirituality, self-discovery and planetary ascension.

One Time in Paris
By Wade Stevenson
&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
(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
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
Inspirational memoir of how two baby boomers transform their lives by quitting their jobs and living on a sailboat.

By Paul Kiritsis
Thought provoking collection of personal myths, legends, and poems centered on Egyptian and classical mythology.

Stolen Fields
By Jean Boggio
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
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
Hard-hitting and insightful assortment of progressive essays and observations about politics and life.

The Trail

By Natalia Prentice
Thrilling, fast-paced tale about a young financial journalist who leaves Wall Street only to get sucked into a web of violence and intrigue set up by the world’s wealthiest power brokers.

The Shadow Factory
By Paul West

[email protected]
An illuminating account of a stroke victim’s experience with global aphasia told through the perception of his own aphasic mind.


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.
• Author/reader resource for book reviews and news
• Complete list of book publishers & publishing info
• Registry of electronic publications
• Major book and publishing data
• E-commerce site for global bookselling
• 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
• 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 Family of bookseller Web sites
• Independent authors from around the world
• Author Yellow Pages: Online author directory
• Dan Poynter’s Para Publishing: The Godfather of self publishing
• Global book club & reading group
• Over 90 pages of inspired marketing ideas for small business owners and self-published authors.


Links For Progressive Publications & Organizations

• “An association of writers working to advance literature, defend free expression, and foster international literary fellowship.”
• “Hard-hitting investigative journalism.”
• Influential democracy in action group
• The “Unconventional wisdom since 1865.”
• Op/ “Progressive news and essays.”
• Air America Radio: “Unabashed liberal talk radio and humor.”
• Counterpunch: Hard-hitting alternative news and essays
• 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.
• 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 Alternative news and essays
• Mother 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
• 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
• People for the American Way



Will Barack Obama Confront
Corporate-Criminal Complex?

By John F. Miglio

Five, ten years from now… they’re
gonna miss John Gotti.

— John Gotti

Martin Scorsese captured the transition brilliantly in Casino when he showed the old Mafia-run casinos being torn down and replaced with the new corporate-controlled casinos, a striking metaphor for the death of “family business” in America and the rise of the white collar corporate-criminal complex, which, not coincidentally, supplanted the Mob during the years Ronald Reagan was president.

In fact, by the end of the 1980s, traditional gangsters like John Gotti (known as “The Dapper Don” and “The Teflon Don”– no relation to Ronald Reagan, “The Teflon President”) were on their way out. Gotti himself was the last of a dying breed, a tough street guy who stood by his word, rewarded his friends, and murdered his enemies. And when he finally got caught and convicted, he received a life sentence at a maximum security prison where he eventually got cancer and died.

In contrast, the white collar corporate criminals of the 1980s had no sense of Old World honor and rarely served more than a few years in cushy minimum security federal prisons known as “Club Feds.” During the same era as Gotti, for example, Michael Milken and Ivan Boesky each served only about two years in minimum security prisons for insider trading.

Over the years, however, this has changed, and some of the white collar crooks in the new millennium have received much stiffer sentences. Jeff Skilling, the former CEO of Enron, received over 24 years in prison, and Dennis Kozlowski, the former CEO of Tyco, is currently serving 8-25 at a tough prison in upstate New York. Too bad Kenny Boy Lay died before he went to the slammer. The stories he could have told about his old pals Bush and Cheney!

This brings us to our current crop of top shelf criminals– no longer street-smart wise guys carrying guns like Gotti, or even white collar crooks cooking their companies’ books like Skilling, but outright swindlers like Bernie Madoff, who blithely cheat individuals out of their life savings.

Unfortunately, the Bernie Madoffs of the world are only the tip of the iceberg. The real problem is not with greedy crooks like Madoff who get caught, but all the rest of the greedy crooks in corporate America and Wall Street who don’t get caught because they use their well-connected lobbyists to pressure and bribe politicians to create laws and tax policies that legalize their fraud and deception. In other words, they don’t have to swindle people overtly like Bernie Madoff. They do it the old-fashioned way– by greasing palms and negotiating back room deals with Congress.

For example, in 1999 the banking industry paid off the Congress to pass the Gramm-Leach-Blighly Act and repeal the Glass-Steagall Act, first enacted in 1933 to control speculation and prohibit banks from owning other financial institutions that would create conflicts of interest. In fact, the reason Glass-Steagall was signed into law to begin with was because of the trouble banks got into by taking excessive risks that contributed to the Depression of the 1930s.

By the way, the Gramm-Leach-Blighly bill received overwhelming support from both Democrats and Republicans, and of course Bill Clinton, the best friend Wall Street ever had, signed the bill into law and paved the way for the financial scams that precipitated last year’s economic meltdown of the banking system and the sharp decline in the stock market.

After Clinton, Bush Junior reduced government regulation and oversight even more and made things that much easier for his corporate criminal friends to game the system and cheat the American public out of billions with no-bid contracts, closed-door energy deals, and, worst of all, the subprime mortgage and derivatives scams that precipitated the home foreclosure crisis. But here�s the kicker– the white collar criminals that masterminded these scams during the Bush years have not only gotten away with all the money they made at the expense of American taxpayers, but are the same individuals who are calling the shots today.

And who are these individuals? They’re the real gangsters of America, the ones who make John Gotti look like Sponge Bob Square Pants. They’re the ruthless CEOS in charge of our most powerful corporations, the well-connected Ivy League elitists who run the nation’s largest financial institutions, and the Gordon Gekko-style free market predators who put people out of work and drive them into bankruptcy while they enrich themselves and their friends to the tune of hundreds of billions of dollars. God knows how much loot they’ve already taken out of the country and stashed in bank accounts in Switzerland and the Cayman Island.

It should be noted that a lot of the money that helped Obama get elected came from some of these same individuals, including executives at Citigroup, Lehman Brothers, Credit Suisse, and Goldman Sachs (his number one donor). Even worse, the individuals who are now running his recovery plan– Summers, Geithner, Bernanke– are all part of the same corporate-criminal complex, or what the Mafia used to call amici de amici (friends of friends).

No doubt President Obama is aware of this paradox. The question is, will he have the integrity and fortitude to stand up to these high-power individuals who helped get him elected? So far, he has called on Congress to pass tough new regulations on financial institutions and corporations, but will they go far enough? And will the penalties be stiff enough to make a difference?

At this point no one knows for sure, but if Obama doesn’t make serious changes and allows the corporate-criminal complex to continue its financial assault on average Americans, he runs the risk of inflaming an already enraged populace, one that is just beginning to understand how royally they’ve been screwed in the last few decades.

And as unemployment increases and more people become desperate and have less to lose, they may begin to entertain the idea of taking the law into their own hands. And if this happens, we may all wish for the days when guys like John Gotti were still in charge.

Obama, like Bush, is Throwing
Public Money into a Black Hole

By Rodrigue Tremblay

The [financial] crisis was not a failure of the free market system and the answer is not to try to reinvent that system… Government intervention is not a cure-all.


— George W. Bush,
November 13, 2008

There is no cause to worry. The high tide of prosperity will continue.


— Andrew W. Mellon,
Hoover’s Secretary of the Treasury.
September 1929

While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States – that is, prosperity.


— President Herbert Hoover
May 1, 1930

Tuesday, February 10, may be the date when the U.S. economy officially entered into an economic depression. This was when President Obama’s Treasury Secretary, Timothy Geithner, announced that the Obama administration was about to expand Bush’s Secretary Paulson’s $700-billion plan to rescue large U.S. banks from insolvency, euphemistically called the Troubled Assets Relief Program (TARP).

Its purpose is to use public capital, loans and guarantees to remove toxic financial assets from private banks’ balance sheets and to transfer them to the Government and/or to willing private investors (hedge funds, private equity firms and other investors).

One must keep in mind that Mr. Paulson and Mr. Geithner were the principal architects of last October’s original plan. This was then, and it is now, a plan designed primarily to use hundreds of billions of taxpayer dollars to prevent banks from declaring bankruptcy, while in fact doing little to accomplish its presumed primary objective of getting banks to resume normal lending. Such a cure has failed in the past and is likely to fail now. Saving insolvent banks is not the same as fixing them and making them viable.

Indeed, when Mr. Geithner announced on Tuesday, February 10, that he was expanding the Paulson plan to make it a $1.5 trillion bailout plan, financial markets saw it as simply rearranging the chairs on the deck of the Titanic, and they sold off. I believe the markets are right and the Obama-Geithner plan only makes the Bush-Paulsen plan worse. Both are misguided and do little to address the root cause of the financial crisis, which is a mountain of unsustainable bad debts that was allowed to expand recklessly over the last ten years, and which is now crumbling down, dragging the entire economy down with it.

With more public money thrown at the problem with little strings attached, large U.S. banks will only use the new cash to de-leverage themselves and pay off their debts, buyout smaller banks and find a way to reward their incompetent executives with large bonuses, but little will trickle down to the real economy. We are back to the discredited Reagan era’s economic trickle-down theory, the rich helping themselves first and the poor getting the crumbs.

Let’s look coldly at the situation. The ratio of total debt to the U.S. Gross Domestic Product (GDP) is now higher than it was in 1933, when it reached the lofty and unsustainable level of 299.8 percent. It took nearly twenty years to bring down the debt/GDP ratio to below 140 in 1952. In the second quarter of 2008, all debt records were broken when the total debt ratio in the U.S. registered at 356,7 percent of GDP. If the same process of unwinding of excessive debt level plays itself out this time, this could translate into a debt deflation process lasting possibly until 2027!

It all depends on the problem being recognized for what it is, that is to say a mountain of unsustainable and insolvable debts and bets that have to be cancelled and erased from the books. Transferring such bad debts from the banks and other entities to the government will not solve the problem. It will only displace it from one place to another and potentially create new and even more serious problems, such as horrendous future tax increases or an onset of hyperinflation down the road.

There exists a state of denial in Washington D.C. regarding the excessive debt problem, essentially because the same people who are responsible for creating the mess are in power. It doesn’t matter whether a Republican or a Democratic administration is in place, they remain in charge and they rely on the same failed economic policies. The Geithner plan is the son of the Paulson plan. Both are destined to fail because they are based on a flawed diagnosis.

To deflate the mountain of bad debts and unclog the credit system in an orderly fashion, and to prevent a deflationary spiral from taking hold, the Obama administration should take the advice of L. William Seidman, chairman of the S&L Resolution Trust Corp. (RTC), the agency created in the 1990s to manage hundreds of insolvent thrifts.

At that time, the RTC seized the assets of troubled savings and loans and resold them to bargain-seeking investors. The Obama administration should bite the bullet and create a similar Banking Restructuring Trust to temporarily take over the large insolvent American banks, streamline their operations, liquidate their bad debts and bets, and reorganize them on a firmer financial basis. I myself proposed such a restructuring trust last September. This would be more efficient and less costly than throwing trillions of dollars down a black hole without even solving the structural problem at hand.

The creation of such a Trust to unify government intervention has also been proposed by former Federal Reserve Chairman Paul A. Volcker and by former Treasury Secretary Nicholas F. Brady. This would entail, of course, that many of the banks’ illiquid assets in CDOs (“Collateralized Debt Obligations”) and in CDS (“Credit Default Swaps”) and other shaky assets, would have to be written off or cancelled in a chapter 11-like process. Such a process would cleanse the banks from the excesses accumulated in previous years and prepare them to meet credit demand as the economy recovers. But, above all, it would mark an end to incremental, complicated and improvised ‘ad hoc’ government interventions to solve the banking crisis. I would bet that there would be a powerful rally of financial markets if such a take-charge and decisive approach were to be adopted.

The Geithner bank bailout plan must not be confused with the $800 billion-plus fiscal stimulus plan for the entire economy that Congress is about to adopt. The latter, contrary to the former, is designed to cushion the fall of real spending in the economy and is likely to have a net positive impact. Indeed, as households increase their savings rate and curtail their discretionary spending to compensate for the loss of housing and financial wealth, government spending has to take up the slack.

However, it should be realized that the multiplier effect on aggregate spending of each dollar of fresh public spending is not very high because national economies nowadays are globalized. Indeed, as domestic spending is being sustained, imports increase but exports may decline as world demand contracts. It is only if all governments adopt expansionary fiscal policies that all economic boats can be lifted. With European and Chinese economies weakening, this may take some time before world demand stops contracting.

All this is to say that while the Geithner bank rescue plan is misguided and should be reengineered, Obama’s fiscal stimulus package is most likely too timid and should be enlarged, considering the scope of the problem at hand. All in all, let us hope that a prolonged economic depression can be avoided.

Rodrigue Tremblay is professor emeritus of economics at the University of Montreal and can be reached at [email protected] He is the author of the book The New American Empire. Visit his blog site at


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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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