debt
-
It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors By Ellen Brown
Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the… Continue reading
-
Sequesters To Trim Government Debt; Malls Raise Consumer Debt for The “Sheeple” By Danny Schechter
Durban, South Africa: Back in 2002, South Africa hosted a UN environmental Summit on sustainability. It drew a rag tag army of green activists from all over the world, many excited to visit the now free South Africa that they fought for through the apartheid years, and hoping to meet members of the liberation movement… Continue reading
-
Iraq and the Betrayal of a People – Impunity Forever? By Hans Christof Von Sponeck
Ethnic tension and sectarianism have become a major element in Iraqi politics since the US/UK invasion of 2003, a polarization of inter-group relations Iraqis had not known before. This explains much of the existing hideous crime including murder, kidnapping, property destruction and, most noteworthy, the deteriorating relationships between Baghdad and the three northern Kurdish governorates. Continue reading
-
GMO Agribusiness and the Destructive Nature of Global Capitalism By Colin Todhunter
It’s apparent that, as the academic David Harvey states, the problems created by capitalism don’t get solved, they just get shifted around. Nowhere is this epitomized more clearly than the role of US agribusiness in India. Continue reading
-
Europe: Existential Danger: New Political Challenges By Elisabeth Gauthier
In Europe, an ‘oligarchy’ has increasingly gotten hold of various powers; it is becoming radicalized and sees the moment as having come in which brutally to accelerate the dismantling of social and democratic gains, notably by profiting from the ‘crisis of public debt,’ generalizing austerity policies which, in turn feed the crisis. Continue reading
-
US-NATO “Economic Terrorism”: The Collapse of Syria’s Industry and Agriculture By Prof Michel Chossudovsky
The Syrian economy is being hit by the combined impacts of the US-NATO sponsored terrorist attacks and the economic sanctions regime. The ultimate objective of the US-NATO covert war on Syria is the destabilization of the Syria economy and the destruction of Syria as a nation state. Continue reading
-
‘Pentagon’s hand behind French intervention in Mali’ By William Engdahl
As French soldiers pour into Mali in the fight to push back the advancing Islamist militants, questions have been raised as to the motives behind the intervention. Author William Engdahl told RT the US was using France as a scapegoat to save face. Continue reading
-
“Attack on Sovereignty”: The “Obama Regime” and America’s Unipolar World By Dr. Paul Craig Roberts
Those concerned about “The New World Order” speak as if the United States is coming under the control of an outside conspiratorial force. In fact, it is the US that is the New World Order. That is what the American unipolar world, about which China, Russia, and Iran complain, is all about. Continue reading
-
“Attack on Sovereignty”: The “Obama Regime” and America’s Unipolar World By Dr. Paul Craig Roberts
Those concerned about “The New World Order” speak as if the United States is coming under the control of an outside conspiratorial force. In fact, it is the US that is the New World Order. That is what the American unipolar world, about which China, Russia, and Iran complain, is all about. Continue reading
-
The Guardian vs. the Conventional Wisdom on Venezuela By Alex Main
Just as it appeared that the current conventional wisdom on Venezuela had spread and hardened irreversibly throughout the major media, on Monday the UK daily The Guardian published an editorial entitled “Venezuela, defying predictions – again.” The piece deftly takes on a few commonly held views found in much of the media coverage of Venezuela. Continue reading
-
The War on Mali. What you Should Know: An Eldorado of Uranium, Gold, Petroleum, Strategic Minerals By R. Teichman
Whatever is reported by the mainstream media, the goal of this new war is no other than stripping yet another country of its natural resources by securing the access of international corporations to do it. What is being done now in Mali through bombs and bullets is being done to Ireland, Greece, Portugal and Spain… Continue reading
-
Venezuela’s Future By Stephen Lendman
Debates should involve opposing sides given full opportunity to air views and challenge others. New York Times editors changed the rules. News and views are filtered. One-sided ones are prioritized. Government and corporate ones matter most. Truth is largely suppressed. Dissent is marginalized. Continue reading
-
America’s Deceptive 2012 Fiscal Cliff By Michael Hudson
When World War I broke out in August 1914, economists on both sides forecast that hostilities could not last more than about six months. Wars had grown so expensive that governments quickly would run out of money. It seemed that if Germany could not defeat France by springtime, the Allied and Central Powers would run… Continue reading
-
Book Review: Reality economics By Michael Hudson
“Whom the gods would destroy, they first make mad.” And if they would destroy economies, they first create a wealthy class on top, and let human nature do the rest. The acquisition of power soon leads to its abuse, to economic and social hubris. By seeking to protect its gains, perpetuate itself and make its… Continue reading
-
UK Waging Endless Wars: At Home and Abroad by Finian Cunningham
Austerity is here to stay in the United Kingdom, lasting until at least 2018 and more likely beyond that year. It is a shocking peremptory order when you think about it. The people are being told, “Poverty is your miserable lot and don’t even question it.” Continue reading
-
Video: Eurozone Austerity Policies Will Spark New Crisis in 2013
Costas Lapavitsas: There is an impression that the crisis has been handled by ECB but economies are deteriorating quickly Continue reading
-
Legal Imperialism” and International Law: Legal Foundations for War Crimes, Debt Collection and Colonization By Prof. James Petras
By now we are familiar with imperial states using their military power to attack, destroy and occupy independent countries. Boatloads of important studies have documented how imperial countries have seized and pillaged the resources of mineral-rich and agriculturally productive countries, in consort with multi-national corporations. Financial critics have provided abundant data on the ways in… Continue reading
-
Obama's Second Term: Following Angela Merkel in the Oval Office? By Ingo Schmidt
In order to keep discussions of budget policy out of the campaign, the Republicans and the Democrats agreed on a pact earlier this year, which increased the debt ceiling of the federal government to the point that drastic spending cuts or tax increases could be postponed until after the election. Continue reading
The New Dark Age 