Now that the deadline has passed for hundreds of top corporate executives to certify the truthfulness of their financial books, we may expect more honest accounting in the future. But what if the heads of major firms were compelled to engage in other types of candor?

Let's imagine that the CEO of a leading media conglomerate felt the need to come clean about the firm's overall activities. The public statement might go something like this:

While revenues are down in our broadcasting division, we've done our best to wring every last dollar out of the airwaves that the parent company has been able to hijack from the public. Fortunately, these days, the FCC -- we call it the "Federal Complicity Cabal" around the office -- is giving us just about everything we demand.

In some urban areas, we now own at least half a dozen radio stations, plus a couple of TV outlets. And the restrictions against also owning local newspapers are on their way out, too.

On television, we've been able to flood the market with more junky old shows than ever. The newer sitcoms and dramas continue to
WACO, Texas -- The President's Economic Forum held here Tuesday raises the question, "By how much don't they get it?"

The range of opinion at this shindig went from A to B. This wasn't a forum, it was a pep rally. Sis-Boom-Bah City for the old cheerleader. President George W. Bush said Baylor University "put on a good show." Got to agree. It was one of the most sophisticated phony political events I have ever witnessed.

Such attention to the details of stagecraft -- the lovely flag painting behind them at the plenary session, the helpful hints on the backdrops: "Corporate Responsibility," "Better Health Care," etc., for those too dumb to figure it out from the vapid speeches. The wonderfully artificial inclusion of "real people" -- all of whom just happen to think George W. Bush is divine. This Potemkin Village of diversity lacked just one thing -- anyone with a good idea. Any 10 ex-employees of Enron could come up with a long list of recommendations on how to fix things so this doesn't happen again. But they weren't invited.

Now that Henry Kissinger and Christopher Hitchens are both, at matching levels of pomposity and self-satisfaction, agreed on the desirability of sending in the bombers and finishing off Saddam, I suppose the Bush regime will conclude that the necessary national consensus for war has been achieved, despite the bleats of the military. All that remains to be done is to deploy Christiane Amanpour.

Was it Hitchens or Kissinger who wrote the following? "An opponent might argue that the inspections offer a better chance on containing the deadly weaponry, and also of observing the rights of sovereign states. Invasion might cause much death and destruction, and exert a destabilizing effect on the region in general. It might also trigger the use of the very weapons whose removal was its ostensible justification ... "

Hard to decide, isn't it? But you're right, Kissinger is simply incapable of expressing any disquiet on the imminence of death and destruction, whereas Hitchens raises the matter, if only to discount it as a matter of any serious consequence.

A minority tendency of the black middle class has defected to the Republican Far Right, for purposes of career advancement and economic gain. These "race traitors" have become active opponents of the black community's interests.

In the field of education, the leading race traitor is Bush's Secretary of Education Roderick Raynor Paige. Born in 1933 in Monticello, Mississippi, Paige received his B.A. degree from the historically black Jackson State University, and subsequently his doctorate in physical education at Indiana University. Spending part of his professional life as a football coach and college athletic director, Paige served as dean of Texas Southern University's School of Education from 1984 to 1990. Elected to Houston's school board in 1989, Paige was named superintendent in 1994, the same year George W. Bush won the election as Texas governor.

The contemporary black reparations movement, the demand for compensation to African Americans due to centuries of unpaid labor exploitation under slavery, segregation, and ghettoization, has grown remarkably in recent years. On November 7-8, 2002, at Columbia University's Institute for Research in African-American Studies, Professor Farah Jasmine Griffin and I are coordinating a major research conference on black reparations scholarship, inviting academic papers to provide the social science data essential for constructing successful legal briefs. Scholars must play an active role to contribute the socioeconomic and historical evidence illustrating the central role of the U.S. government and the various state and local governments, in creating the legal frameworks for the systemic exploitation of African Americans to take place by white corporations and throughout society.

There is, however, a political challenge that the black reparations campaign must address and overcome, if it is to become a truly mass movement.
For over one hundred years, the African-American middle class has largely supported what I call "liberal integrationism," the organized attempt to assimilate into the U.S. mainstream to achieve a "color blind" society.

Through groups such as the NAACP, liberal integrationists have allied themselves usually with the Democratic Party, and have pursued reform strategies such as affirmative action and minority economic set-asides, that promoted capital formation and the long-term expansion of the middle class within the black community. This liberal approach to racial policy, however, has never been universally accepted within the black bourgeoisie as a class.

To fend off the threat of peace, determination is necessary. Elected officials and high-level appointees must work effectively with reporters and pundits.

This is no time for the U.S. government to risk taking "yes" for an answer from Iraq. Guarding against the danger of peace, the Bush administration has moved the goal posts, quickly pounding them into the ground.

In early August, a State Department undersecretary swung a heavy mallet. "Let there be no mistake," said John Bolton. "While we also insist on the reintroduction of the weapons inspectors, our policy at the same time insists on regime change in Baghdad -- and that policy will not be altered, whether inspectors go in or not."

A sinister cloud briefly fell over the sunny skies for war. The U.S. Congress got a public invitation. A letter from a top Iraqi official "said congressional visitors and weapons experts of their choice could visit any site in Iraq alleged to be used for development of chemical, biological or nuclear weapons," USA Today reported.

With the "New Economy" now in shambles, it's easy for media outlets to disparage the illusions of the late 1990s -- years crammed with high-tech mania, fat stock options and euphoria on Wall Street. But we hear very little about the fact that much of the bubble was filled with hot air from hyperventilating journalists.

Traveling back on a time machine, we would see mainstream reporters and pundits routinely extolling the digitally enhanced nirvana of huge profits and much more to come. The "New Economy" media juggernaut was not to be denied.

Sure, journalists occasionally offered the common-sense observation that the boom would go bust someday. But it was a minor note in the media's orchestral tributes to the New Economy. And the bullish pronouncements included an awful lot of hyped bull.

Five years ago, Business Week's July 28 edition was scorning "economic dogma" for its failure to embrace the glorious future at hand. "The fact is that major changes in the dynamics of growth are detonating many
AUSTIN, Texas -- You can already tell it's going to be a perfectly glorious political year in Texas. Four months out, and we've already got one gubernatorial candidate accusing the other of being a drug dealer, naturally causing the maligned party to in turn describe his opponent as a raving liar. This is going to be so much fun.

A grand old slugfest is developing in the race between Gov. Rick (Goodhair) Perry and his Democratic challenger, Tony Sanchez, and it shows all the signs of becoming a fall classic in Texas' toughest contact sport.

For starters, this is a backward, upside-down race. Normally we have Republican outsiders with no government experience running on their credentials as bidnessmen, a la in Bill Clements and George W. Bush, while claiming, "My opponent is nothing but a professional politician." This year we have a Republican incumbent we didn't vote for -- as Sanchez's ads keep reminding us -- who is a career politician being challenged by a Democratic businessman. But it could be a bad year to be a successful bidnessman, even in Texas.

Three and a half years ago, some key information about U.N. weapons inspectors in Iraq briefly surfaced on the front pages= of American newspapers -- and promptly vanished. Now, with= righteous war drums beating loudly in Washington, let's reach deep down= into the news media's Orwellian memory hole and retrieve the story.

"U.S. Spied on Iraq Under U.N. Cover, Officials Now Say," a front-page New York Times headline announced on Jan. 7, 1999.= The article was unequivocal: "United States officials said today= that American spies had worked undercover on teams of United Nations arms inspectors ferreting out secret Iraqi weapons programs....= By being part of the team, the Americans gained a first-hand= knowledge of the investigation and a protected presence inside Baghdad."

A day later, a followup Times story pointed out: "Reports= that the United States used the United Nations weapons inspectors in Iraq as cover for spying on Saddam Hussein are dimming any= chances that the inspection system will survive."

With its credibility badly damaged by the spying, the U.N.

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