1037_BO

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news for Sonoma, Marin & Napa Counties

“Official Newspaper of At-One-Ment�

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?a^YTRc 2T]b^aTS ATeXTf The top 10 censored stories of 2009–2010 By Trish Boretta, Mickey Huff, Peter Phillips and Elaine Wellin, with Julie Andrzejewski, Elliot Cohen, Kevin Howley and Project Censored

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t Project Censored, based at Sonoma State University, we examine the coverage of news and information important to the maintenance of a healthy and functioning democracy. Some of these stories were slightly covered in the corporate media, and some have been covered since our voting process. However, the full facts of a particular story were still often lacking in corporate media coverage, and even if they were not, the coverage was one or two stories in the press, not enough to gain the attention of the people at large. In her analysis of story submissions, Dr. Elaine Wellin writes that “in 58 percent of

all nominated stories, issues found to be most censored fell within five categories: the internet, corporate malfeasance, the military, health and the environment.� Here are the top, as it were, 10. 1. Global plans to replace the dollar Nations have reached their limit in subsidizing the United States’ military adventures. June 2009 meetings in Russia with world leaders such as Chinese president Hu Jintao, Russian president Dmitry Medvedev and other top officials of the sixnation Shanghai Cooperation Organization took the first formal step to replace the dollar as the world’s reserve currency. The U.S. was denied admission to the meetings. If these nations succeed, the dollar will dramatically plummet in value, and the cost of imports, like oil, will skyrocket. In September 2009, the U.N. Conference on Trade and Development proposed creating

a new artificial currency that would replace the dollar as a reserve. The formation of this currency would be the largest monetary overhaul since World War II. Meanwhile, China is involved in deals with Brazil and Malaysia to denominate their trade in China’s yuan, while Russia promises to begin trading in the ruble and local currencies. Additionally, nine Latin American countries have agreed on the creation of a regional currency, the sucre, aimed at scaling back the use of the U.S. dollar. To fund the permanent war economy, the U.S. flooded the world with dollars. The foreign recipients turn the dollars over to their central banks for local currency. This has allowed the U.S. to print money without restraint, to buy imports and foreign companies, to fund our military expansion and to ensure that foreign nations like China continue to buy our treasury bonds. This cycle appears now to be over. The impact on daily living for &%

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THE BOHEMIAN

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09.15.10-09.21.10

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