brexit
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Brexit and the Derivatives Time Bomb By Ellen Brown
Brexit could trigger a $500 trillion derivatives meltdown, by forcing the EU to allow insolvent member governments and banks to write down debt. Italy is in financial crisis and is already petitioning for that concession. How to avoid collapse of the massive derivatives house of cards? Alternatives are considered. Continue reading
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Seven days in June By William Bowles
It’s very rare that you see the ruling elite totally at a loss for words: but they were. Gobsmacked and stunned would be accurate descriptions of the look on the political class’s collective face on the morning of June 24, 2016. Continue reading
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Video: French Labor Law, Brexit, and Greek Austerity: Class War Against European Workers
Economist Richard Wolff says the old European elite believed it could fix their broken capitalism on the backs of the masses and that has proved to be a fatal mistake Continue reading
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Media Lens: Killing Corbyn
The ‘Brexit’ referendum vote, split 52% to 48% in favour of leaving the European Union, has been exploited by the ‘mainstream’ media to launch yet another assault on Labour leader Jeremy Corbyn. ‘Impartial’ BBC News, directed by former Murdoch editor James Harding, has been one of the worst culprits. Continue reading
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In right-wing putsch, UK Labour MPs deliver overwhelming anti-Corbyn vote By Julie Hyland
The extraordinary scale of the right-wing coup, which had already seen Corbyn lose most of his shadow cabinet in a series of timed resignations, was intended to force the Labour leader to resign. But in a statement put out moments after the result, Corbyn said that he had been elected “by 60 percent of Labour… Continue reading
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EU leaders call for rapid British exit and European military buildup By Alex Lantier
German Chancellor Angela Merkel, French President François Hollande and Italian Prime Minister Matteo Renzi met in Berlin yesterday to discuss Britain’s vote to exit the European Union. The leaders of the three largest euro zone economies held a joint press conference in advance of a two-day EU summit that begins today in Brussels. At the… Continue reading
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Oppose the coup plot against Labour Party leader Jeremy Corbyn
The unfolding coup operation was instigated by a right-wing cabal of Labour MPs. But there is no doubt they did so only after discussions at the highest levels of the British state, including the security services—MI5, MI6 and the Government Communications Headquarters (GCHQ)—as well as with the US State Department and the CIA. Continue reading
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The fallacy, and the failure of reformism By William Bowles
This is really a great opportunity for Corbyn to redirect and refocus the Labour Party from the grassroots up (if he hasn’t blown it with his ‘lacklustre’ campaign to Remain). But his first and major battle has to be with the PLP and of course, with the British Establishment but on both counts he is… Continue reading
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Why the British said No to Europe by John Pilger
The majority vote by Britons to leave the European Union was an act of raw democracy. Millions of ordinary people refused to be bullied, intimidated and dismissed with open contempt by their presumed betters in the major parties, the leaders of the business and banking oligarchy and the media. Continue reading
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Brexit Backlash Against EU, Revolt Against Elites By Kevin Zeese & Margaret Flowers
26 June 2016 — CounterCurrents The globalized economy is not working for most people of the world. International trade agreements and new government structures like the European Union serve corporate power and put the people and planet aside to ensure profits continue to come first. They undermine democracy and national sovereignty, leaving people feeling more Continue reading
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The blame game By William Bowles
26 June 2016 Now I know Jeremy Corbyn is a bit of a wimp when it comes to the cut and thrust of politics but blaming him for Brexit is surely a step too far? But that’s just what the BBC has been doing all day. Continue reading
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What Next? Post-It Series #3 By S. Artesian
This “mess,” this eruption of history, also contains class struggle. So the workers of Northern England, of Wales, of that portion of the “United Kingdom” asset-stripped, beat down, abandoned, zombified by banks and property speculators didn’t miss the opportunity to tell the too-clever-by half Cameron to “sod off” with his prospects for a “greater Britain… Continue reading
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What Next? Post-It Series #2 By S. Artesian
Logical question, not that anything at all has been accomplished, but still…..the votes are in and Britain, temporarily, has voted to exit the European Union. Temporarily…not temporarily the exit stuff; but temporarily the “Britain” part, because Scotland and Northern Ireland voted remain. So it’s England and Wales, or soon will be. Cameron and Osborne and… Continue reading
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Putin Conspiracies, Obama Nonintervention Blamed for Brexit By Adam Johnson
The referendum results in favor of Britain leaving the European Union seemed to have caught most Western media off guard. Betting markets and the pundit class had heavily favored a vote to keep the UK in the EU, but at around midnight on the US East Coast, it became increasingly clear Britain would be supporting… Continue reading
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The Tory chickens come home to roost By William Bowles
Ask yourself this: Why has immigration been made the pole around which, this entire referendum ‘debate’, has revolved? Why has the closet Nazi Nigel Farage of UKIP been given so much airtime? Could it be the masses, hammering at the doors of Fortress Europe after we, that is the US-EU-NATO axis of pure barbarism, destroyed… Continue reading
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Video: Can the EU be Reformed from Within?
Prof. Neil Davidson presents the left argument for why Britain should leave the EU Continue reading
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Brexit, Neoliberalism and the Eurozone: What Is at Stake in the British Referendum By Takis Fotopoulos
The reason the elites are fighting so hard against Brexit is because they know that a victory for Brexit could set in motion a domino effect that could demolish the EU. Continue reading
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Another Tamriel is Possible: Brexit Proposals vs Solutions by Elliot Murphy
The mainstream Vote Leave and Britain Stronger in Europe campaigns effectively reduce to a battle internal to the Tory party, and not much else can be gleaned from them with respect to the shortcomings and benefits of the EU, and so a broader perspective is needed at a time when recent Guardian/ICM polls are suggesting… Continue reading
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Little Ado About Something By S. Artesian
The big worry, apparently, for some socialists in the United Kingdom is that a majority of people in Great Britain might actually vote to leave this confederation of capitalists; this union of exploiters; this common market designed to flatten every particular impediment to the accumulation of capital. Continue reading
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Best Reasons Ever For Brexit! By S. Artesian
19 April 2016 — The Wolf Report: Nonconfidential analysis for the anti-investor The Financial Times April 18, 2016 Fears over British EU referendum hold back hiring and investment -Uncertainty chills business -Top London Property hit -European groups delay plans Continue reading
The New Dark Age 