World Bank

Secret U.S. Plans For Iraq's OilSpark Political Fight Between Neocons and Big Oil

AMY GOODMAN: In an explosive new report for BBC Television Newsnight, investigative journalist Greg Palast charges that President Bush was planning to invade Iraq before the September 11th attacks and was considering two very different plans about what to do with Iraq’s oil. The plans reportedly sparked a political fight between neoconservatives and big oil companies.

Secret U.S. Plans For Iraq's Oil

By Greg Palast
Reporting for BBC Newsnight (London)
Why was Paul Wolfowitz pushed out of the Pentagon onto the World Bank — The answer lies in a 323-page document, secret until now, indicating that the allies of Big Oil in the Bush Administration have defeated neo-conservatives and their chief Wolfowitz. BBC Television Newsnight tells the true story of the fall of the neo-cons. An investigation conducted by BBC with Harper’s magazine will also reveal that the US State Department made detailed plans for war in Iraq — and for Iraq’s oil — within weeks of Bush’s first inauguration in 2001.

President Declares "Ownership Society"

Tells Convention He’s Ordered Invasion of Social Security Trust Fund
New York – Of all the bone-headed, whacky, breathtakingly threatening schemes George W. Bush is trying to sell us in his acceptance speech tonight is something he and his handlers call, “the Ownership Society.” Sounds cool, “ownership.” Everyone gets a piece of the action. Everyone’s a winner as the economy zooms. All boats rise.

Muckraker Says Things You Don't Want to Hear

Reprinted from April 2002

by Eric Zorn

Take my advice, dear readers, and spare yourself a couple of days like I’ve just had–days of anxiety, frustration and even a bit of despair.
If you see the new Pluto Press title on your bookseller’s shelves, “The Best Democracy Money Can Buy,” by former Chicagoan Greg Palast, don’t pick it up.
If someone directs you to gregpalast.com to watch the BBC-TV “Newsnight” report in which the director of the Florida Department of Elections rips off his lapel microphone and scurries away from an on-camera interview with Palast, don’t touch that mouse.

Cruisin' for a Bruisin' with Hugo

In Caracas.
Hugo Chavez has an attitude problem. Only last April the Venezuelan president escaped a kidnapping by the Chairman of the nation’s Chamber of Commerce. This weekend, Chavez is facing a recall petition by the angry rich of Venezuela. He also faces the wrath of an angry rich American president who does not appreciate Chavez’ bad attitude toward globalization a la Rumsfeld.

Swimming Against the Mainstream

By Christopher Horton
Asia Times Online
Perhaps it shouldn’t be surprising that the man widely considered as the top investigative journalist in the United States is persona non grata in his own country’s media. For Greg Palast, an accidental journalist, this is not upsetting. “Our news is like Pravda,” he stated matter-of-factly from his New York office in a recent interview with Asia Times Online.
Palast is content to continue his investigative reports into what he perceives as an American oligarchy – a nexus between politicians and corporations in which the line between the two is increasingly blurred – an endeavor which he pursues across the Atlantic in the British media. However,

It's a Brutal World, But There is Hope

GREG PALAST is a breath of fresh air in the world of journalism. He began as an investigator, working on behalf of trade unions and consumer groups in the US, highlighting the abuse of corporate power and the destruction of people’s lives and planet. His work led to the prosecution of nuclear power plant builders for racketeering, and the revelation of how the Exxon Valdez crash was allowed to happen because the shipping company cut costs by turning the radars off!

Eyes-Only Memos Show Who Done It

In Buenos Aires, the Paris of Latin America, police gunned down two dozen Argentines in December after they chose to face bullets rather than starvation. The nation’s currency had crumbled and unemployment had shot up from a grim 16 percent to millions more than the collapsing government could measure. The economy had been murdered in cold blood.
Who done it? The killers left fingerprints all over the warm corpse.

'You'll get skinned alive': When Tony met Enron

When Tony met Enron I was there to witness love at first sight. New Labour was warned about Enron and its number crunchers, Arthur Andersen, after the office of Jack Cunningham, then Tony Blair’s Shadow Trade and Industry Secretary, rang me in New York at 5am on 21 September 1995.

Guerrilla of the Year

Editor’s Pick
It was a big year for muckraker Greg Palast. He broke shocking stories about the Bush Administration’s spiking of intelligence probes into bin Laden and Jeb Bush’s role in the Florida election theft. The Nobel Prize winner in Economics and former World Bank Chief Economist told him the bank, “condemned people to death.” A gold mining company sued him for his story about their alleged connections to a homicidal regime in Africa.

The Globalizer Who Came In From the Cold Joe Stiglitz: Today's Winner of the Nobel Prize in Economics

The World Bank’s former Chief Economist’s accusations are eye-popping – including how the IMF and US Treasury fixed the Russian elections
“It has condemned people to death,” the former apparatchik told me. This was like a scene out of Le Carre. The brilliant old agent comes in from the cold, crosses to our side, and in hours of debriefing, empties his memory of horrors committed in the name of a political ideology he now realizes has gone rotten.

Who Shot Argentina?The Finger Prints On the Smoking Gun Read 'I.M.F.’

And news this week in South America is that Argentina died, or at least its economy. One in six workers were unemployed even before the beginning of this grim austral winter. Millions more have lost work as industrial production, already down 25% for the year, fell into a coma induced by interest rates which, by one measure, have jumped to over 90% on dollar-denominated borrowings.

Why The Lights Went Out All Over California

America Preached The Wonders of Free Markets to The Rest of The World
But Exempted Itself — Until Last Year

Sunday July 1, 2001
The Observer
Napoleon called England a nation of shopkeepers, but the Little Corporal never tried to purchase dietary staples (organic milk, Red Bull) from a Tesco Express. I tackled the manager as to why they were out of stock AGAIN. ‘It’s Friday,’ he said, as if that were an unforeseen occurrence, like a rogue tidal wave that had engulfed Upper Street and prevented deliveries. I began to explain that ‘Friday’ is what accountants call a ‘recurring event’ and HAVEN’T YOU BRITONS EVER HEARD OF COMPUTERS YOU KNOW THOSE THINGS THAT LOOK LIKE TELEVISIONS WITH TYPEWRITERS ATTACHED… but, by then, everyone was looking around at that despised figure, the Complaining American.