Capitalism
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Anglo-American Money Owners Organized World War II (II) By Valentin KATASONOV
The Bank of International Settlements (BIS) played an important role during the Second World War. It was created as an outpost of American interests in Europe and a link between Anglo-American and German businesses, a kind of offshore zone for cosmopolitan capital providing a shelter from political processes, wars, sanctions and other things. The Bank… Continue reading
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Anglo-American Money Owners Organized World War II (I) By Valentin KATASONOV
The war was not unleashed by frenzied Fuhrer who happened to be ruling Germany at the time. WWII is a project created by world oligarchy or Anglo-American “money owners”. Using such instruments as the US Federal Reserve System and the Bank of England they started to prepare for the next world conflict of global scale… Continue reading
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Different Boy, Same Game By S. Artesian
Here’s the thing about history: it always, but always, out-goofs me. I mean I’ve been known to use hyperbole, satire, spoof, sarcasm, exaggeration, and near-drunk hallucination to illuminate the macabre humor, the grinning madness that is the result of, and circulates with value production, but I’m an amateur, a naïf, when compared to what capitalism… Continue reading
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‘The time is here to be seized’ By A. Sivanandan
Neoliberalism is not working. All that stuff, about wealth trickling down, no society only individuals, the market as the regulator of everything, is shown to be false in terms of everyday reality. What Tory ideology has produced on the ground are closures to libraries, youth centres, hospitals, the selling off of whole housing estates, benefit… Continue reading
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Marketing2U – has your health information been sold to direct marketers?
For years, we’ve had credible reports of highly accurate marketing that could only be based on health records. Now reports in the media have revealed “a nice little trade” in your health records – and that’s the Information Commissioner’s description, not ours. Continue reading
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Wikileaks: Secret Trans-Pacific Partnership Agreement (TPP) – Investment Chapter
WikiLeaks releases today the “Investment Chapter” from the secret negotiations of the TPP (Trans-Pacific Partnership) agreement. The document adds to the previous WikiLeaks publications of the chapters for Intellectual Property Rights (November 2013) and the Environment (January 2014). Continue reading
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Wikileaks Publishes Full Text of Secret TPP Proposal
Huge news. WikiLeaks just released the full text of the secret Trans-Pacific Partnership (TPP) chapter on “Investor State Dispute Settlement.”1 It’s terrifying. The TPP is even worse than we thought. The leaked chapter shows how the TPP would set up a shadowy international “court system” that would have no accountability to the public. Continue reading
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The ECB’s Noose Around Greece: How Central Banks Harness Governments By Ellen Brown
Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? It seems the European Central Bank (headed by Mario Draghi, former managing director of Goldman Sachs International) has now made… Continue reading
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Syriza’s Only Choice: A Radical Step Forward By Spyros Lapatsioras, John Milios, and Dimitris P. Sotiropoulos
The transitional “bridge Agreement” of the 20th of February is a truce intended by the Greek government and welcomed by the other side (the European “institutions”). Within the truce period (the next four months), the conditions for negotiating the next agreement will be shaped. This could mean that everything is still open. However, that is… Continue reading
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Greece Told Deeper Austerity Needed to Secure Additional Loans By Robert Stevens
Euro zone finance ministers met Monday to discuss a set of proposals from the Syriza-led Greek government based on the austerity programme both sides signed on February 20. Greece was required to submit a list of austerity measures deemed acceptable to its creditors as a precondition for receiving a pending load of €7.2 billion and… Continue reading
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From the horse's mouth: U.S. Dollar Strategic Backfire On U.S. Government Policy
It is very difficult to find a foreign policy deployed by the United States Govt that has been successful in recent years. In fact, almost all aggressive foreign policy initiatives have resulted in profound losses either in financial strategic position or in alliances with previous staid allied nations. They have almost uniformly backfired, while bravado… Continue reading
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Dollar Imperialism, 2015 Edition By MICHÈLE BRAND and RÉMY HERRERA
The Fed effectively acts as the world’s central bank, but sets monetary policy only in its own interest. Under the pressure and the orders of financial oligopolies, it fixes interest rates and prints money to suit itself, sending economies across the globe into tailspins. When the Fed wanted to halt the decade-long decline in the… Continue reading
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The Shorty Long of It By S. Artesian
No sooner does the Syriza government reverse its “policy” regarding the extension of and compliance with the 2012 agreement and its so-called reforms, than our eternalists take hope from the very bleakness of the situation. Syriza has “bought time.” To do what, exactly? Continue reading
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The Cat in the Box: Quantum Social Democracy and the Uncertainty Principle By S. Artesian
I have to wonder what’s “wholly correct” about the approach of the “The Left Platform” if it provides an indication to Tsirpas that he should by-pass parliament and simply impose the reform package, because that “would possibly have split Syriza in a big way”? Unless it is to keep Syriza in power. Continue reading
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Yani and the Hand Jive By S. Artesian
Before and upon assuming government, Syriza explicitly recognized that none of the “reforms” required by the Troika could or would allow Greece to repay the debt. Liquidation sales are never designed to repay the face value of the debt. Prior to taking power, Syriza correctly identified the Greek economy as insolvent with the privatization program… Continue reading
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24 hours late, and € 240 billion short
A day late and more than a dollar short, Yanis Varoufakis submitted a “program” of reforms to the Eurozone finance ministers (Eurogroup) regarding the Greek government’s development and implementation of tax policies, public finance management, revenue administration, public spending, social security reform, public administration and corruption, instalment schemes, labor market reforms, product market reforms, better… Continue reading
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Bruiseology By S. Artesian
You will recall that way back when in 2009 and 2010 some of us sectarian, socialism now, ultra-left types where sectarianly and ultra-leftly calling for the immediate repudiation of the debt. When the recent contest for parliamentary power took place, we, incurable sectarians/Bordiga-ists/ultra-leftists/DeLeonites, urged no support for Syriza’s program because that program did not call… Continue reading
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IMF Loans to Ukraine: Deadly “Economic Medicine” Aimed at Total Destabilization By Ernst Wolff
On February 12, Christine Lagarde, Managing Director of the International Monetary Fund, announced that the IMF had reached an agreement with the Ukrainian government on a new economic reform program. Ms Lagarde’s statement, made in Brussels, came only minutes after peace negotiations between the heads of the German, French, Russian und Ukrainian governments in Minsk,… Continue reading
The New Dark Age 