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The Debt Threat: How Debt is Destroying the Developing World

George Monbiot: "Climate Change Is a Far Greater Threat To Human Well-Being Than Terrorism"

Whistleblower Charges Justice Dept. with Misconduct in Chertoff's Prosecution of John Walker Lindh

 

The Debt Threat: How Debt is Destroying the Developing World

As a group of the world's richest countries agree to temporarily freeze debt repayments of Asian countries hit by last month's tsunami, we speak with globalization expert Noreena Hertz, author of The Debt Threat: How Debt is Destroying the World. [includes rush transcript]

The Paris Club of rich creditor nations reached an agreement on Wednesday to temporarily freeze debt repayments of countries hit by last month's tsunami to help them recover.

Club president Jean-Pierre Joyuet told a news conference that the suspension of debt would not be subjected to any of the conditions that usually accompany aid, such as an accord with the International Monetary Fund or private creditors.

According to the World Bank, the affected nations owe hundreds of billions in debt. Indonesia owes $132 billion. India owes just over $100 billion. Thailand owes $60 billion and Malaysia owes $50 billion.

So far only Indonesia, Sri Lanka and the Seychelles have signaled that they will take up the offer. Other tsunami-affected countries, such as India, Malaysia and Thailand have not requested a freeze on their debt payments.

British aid agency Oxfam was critical of the Paris Club offer. They said in a statement "Rather than agreeing to cancel significant proportions of debt, they seem set to go for the easy option of a temporary suspension of repayments, which will then be reapplied in a few months."

The Paris Club is made up of an informal group of the world's richest creditor nations, including the UK, France, Germany, Japan, Russia and the U.S. It meets about 10 times a year to discuss debts owed to them.

  • Noreena Hertz, associate director of the Centre for International Business at the University of Cambridge and a leading experts on economic globalization. She is author of the new book, "The Debt Threat: How Debt is Destroying the Developing World."

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George Monbiot: "Climate Change Is a Far Greater Threat To Human Well-Being Than Terrorism"

Landslides and flooding following days of heavy rain in California have left some 20 people dead in the state, including 10 in La Conchita following a devastating mudslide. We take a look at extreme weather and global warming with author and columnist George Monbiot.

Residents of the coastal town of La Conchita are begin warned that the steep hills overlooking their community could collapse again as the death toll from Monday's mudslide rose to 10 with three still missing.

Rescue workers are still searching for any survivors who may remain trapped in the 30-foot-deep mound of earth that swallowed some 15 homes in La Conchita, which lies about 80 miles north of Los Angeles.

Part of a hillside that towered over the seaside enclave collapsed two days ago after weeks of drenching rain unleashed torrents of mud that buried a four-block area within seconds. Video of the mudslide showed a large portion of a towering bluff break off and then rumble down the hill toward the town, carrying trees, power lines and thick mud into homes below. Several cars were crushed, and a bus was tossed into one of the homes.

On a visit to the area, California Gov. Arnold Schwarzenegger told reporters "We have seen the power of nature to cause damage and despair, but we will match that power with our own resolve."

Authorities blamed the landslides and flooding on five days of heavy rain, which have resulted in some 20 deaths in the state. Southern California has had a total of about 17 inches of rain in the past two weeks.

  • George Monbiot, author and columnist for the London Guardian. His latest book is "Manifesto for a New World Order."

 

Whistleblower Charges Justice Dept. with Misconduct in Chertoff's Prosecution of John Walker Lindh

We speak with former Justice Department attorney, Jesselyn Radack, who charges that department officials under Michael Chertoff improperly questioned John Waker Lindh and that her memos raising ethical concerns about his interrogation were purged and not turned over to a criminal court.

Michael Chertoff, President Bush's Homeland Security Chief nominee, was praised by Senate Democrats and state lawyers this week as being a tough but fair prosecutor who would serve well as Tom Ridge's replacement.

But as his record comes under fresh scrutiny, questions are being raised about his handling of the case of John Walker Lindh - the so-called American Taliban. As head of the criminal division of the Justice Department, the 2002 prosecution of Lindh was one of Chertoff"s biggest triumphs.

But the case resurfaced the following year in Senate confirmation hearings after Chertoff was nominated to be a federal appellate judge. At that time, Senate Democrats questioned Chertoff extensively about concerns that the FBI might have improperly questioned Lindh in Afghanistan even though his family had hired a lawyer for him.

The questioning yielded potentially damaging admissions from Lindh that factored into his decision to later plead guilty to felony charges, resulting in his 20-year prison sentence.

At his 2003 confirmation hearing, Chertoff said he and his deputies did not have an active role in discussions about ethics warnings in the case from lawyers elsewhere in the department. But a Justice Department whistleblower tells a different story.

Jesselyn Radack was an attorney in the Justice Department's Professional Responsibility Advisory Office during the Lindh case. She raised legal and ethical objections over the questioning of Lindh without his lawyer and revealed misconduct by Department of Justice officials.

As a result, Radack was pushed out of her job at the Justice Department, fired from her next job, put under criminal investigation and put on the no-fly list. She joins us on the phone today from Washington DC.

  • Jesselyn Radack, former Justice Department lawyer.

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For a copy of today’s program, call 1 (800) 881 2359. Our website is www.democracynow.org. Our email address is mail@democracynow.org.

Democracy Now! is produced by Mike Burke, Sharif Abdel Kouddous, Ana Nogueira, Elizabeth Press, Jeremy Scahill and Parvez Sharma. Mike Di Filippo is our engineer.

Thanks also to Uri Galed, Angela Alston, Orlando Richards, Simba Russeau, Johnny Sender, Rich Kim, Joe Murgio, John Randolph, Chris Zucker, Karen Ranucci, Denis Moynihan, Eric Rweyemamu, Jenny Filipazzo and Isis Phillips.

 

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