Saturday, May 7, 2011

Naked Capitalism Link of the Day

Two things.  First, The Fateful Choice, at the Middle East Research and Information Project:
There is nothing new about torture in warfare, even as waged by democracies. What is new (at least in the modern era) is the brazenness with which torture’s proponents have asserted its compatibility with democracy and the rule of law. The Bush administration’s tangle of poor legal argumentation in support of its torture policy need not be rehearsed; the Obama administration was right to rubbish the lot. It has been disgusting, therefore, to see Bush officials emerge from the woodwork to suggest that finding bin Laden came about through torture. Former Defense Secretary Donald Rumsfeld, for instance, told FOX News that “anyone who suggests that the enhanced techniques, let’s be blunt, waterboarding, did not produce an enormous amount of valuable intelligence, just isn’t facing the truth.” His fellow Republican, Rep. Peter King of New York, went one step further: “Osama bin Laden would not have been captured and killed if it were not for the initial information we got from Khalid Sheikh Mohammed after he was waterboarded.”
A former top military interrogator in Iraq, who goes by the pseudonym Matthew Alexander, has corrected the record by insisting that torturing detainees produces “limited information, false information or no information.” As Alexander and others note, Khalid Sheikh Mohammed, the operational planner of the September 11 attacks (who, incidentally, was captured at home in a commando raid, not on a battlefield, with a nudge from another $25 million bounty), blurted out nothing of value despite being waterboarded 183 times. He was confronted with the nom de guerre of a courier -- the one whose trail eventually led to bin Laden -- and claimed he had “retired” from al-Qaeda. The nom de guerre and all subsequent actionable leads were obtained from other sources through old-fashioned detective work. These facts have led Sen. John McCain (R-AZ) to contradict Rumsfeld and King, saying: “So far, I know of no information that was obtained, that would have been useful, by ‘advanced interrogation.’” And when the CIA tortured Abu Faraj al-Libbi, another al-Qaeda courier who would have known others, he proffered a fake name that sent the manhunt on a wild goose chase. Torture is thus likely to have delayed the apprehension of al-Qaeda’s master terrorist.
The utility of torture is beside the point, in any case; torture is repellent and degrading of those who practice it as well as those subjected to it. It is also manifestly illegal, under both US and international law. As anyone who pays attention knows, the revelations of torture at Abu Ghraib and elsewhere swept away what remained of the post-September 11 wars’ moral credibility in the eyes of the world. Along with the Bush administration’s deceptions, arrogant doctrines of US dominance and disdainful asides to the effect that “we don’t do body counts,” torture poisoned all of the wars’ fruits, even turning bin Laden and Saddam Hussein, the ugliest caricatures of Arab anti-imperialism, into heroes to some.
This torture was disgraceful and produced misleading and detrimental information, and yet Republicans still defend it and would do it again if they are ever put back into power.  This paper utterly destroys our choices in the war against terror.  It is a must-read.

Second, Edward Harrison has this chart in his article about how much banks in Germany are owed by the periphery states of the Eurozone:



That is stunning and I don't see how they will get that all back.  It is more a matter of how much they lose how quickly.

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