UK Crony Capitalism: The Triumph of the City

Sunday, 6 November 2022 — Peoples Democracy

Prabhat Patnaik

THE triumph of the City of London, the one square kilometre next to Liverpool Street station that houses the citadel of British finance, is complete. Not only did it get rid of one British prime minister, whom it distrusted, in the space of just 44 days, but even got a new one of its choice installed forthwith. Rishi Sunak is being called many things: the first British Asian prime minister, the first Hindu prime minister, and so on. These facts about him however are inconsequential; notwithstanding the hullabaloo in India over his appointment, these facts are mere trivia. What is central is that he is the City’s choice. A former employee of Goldman Sachs, a former Hedge Fund manager, he is from the world of finance; for the City he is indubitably “one of us”.

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How The CIA Made Google

26 Januar 2015 — MintPress News

Google ciaThe Google campus-network room at a data center in Council Bluffs, Iowa. Photo: Connie Zhou/A

Originally published on Medium.

INSURGE INTELLIGENCE, a new crowd-funded investigative journalism project, breaks the exclusive story of how the United States intelligence community funded, nurtured and incubated Google as part of a drive to dominate the world through control of information. Seed-funded by the NSA and CIA, Google was merely the first among a plethora of private sector start-ups co-opted by US intelligence to retain ‘information superiority.’

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Book Review: Mark Carney: value or price?

15 March 2021 — Michael Roberts Blog

Mark Carney has a book out. It is called Value(s): Building A Better World For All.  Canadian born Carney was formerly the governor of the Bank of England – the best paid governor ever at £680,000 a year plus £250,000 housing expenses.  Carney recently commented that “You don’t get rich in public service.”!

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The Anti-Empire Report #137 By William Blum: A Greek Tragedy

24 February 2015 — The Anti-Empire Report

The Greek Tragedy: Some things not to forget, which the new Greek leaders have not.

American historian D.F. Fleming, writing of the post-World War II period in his eminent history of the Cold War, stated that “Greece was the first of the liberated states to be openly and forcibly compelled to accept the political system of the occupying Great Power. It was Churchill who acted first and Stalin who followed his example, in Bulgaria and then in Rumania, though with less bloodshed.”

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Goldman Sachs Sued for Selling Libya Billions in Worthless Options By Richard Smallteacher

31 January 2014 — Corpwatch Holding Corporations Accountable

Goldman Sachs, the Wall Street investment bank, is being sued in London for selling Libya “worthless” derivatives trades in 2008 that the country’s financial managers did not understand. Libya says it lost approximately $1.2 billion on the deals, while Goldman made $350 million.

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Exposed: Globally Renowned Activist Collaborated With Intelligence Firm Stratfor

3 December 2013 — Occupy.com

Serbia’s Srdja Popovic is known by many as a leading architect of regime changes in Eastern Europe and elsewhere since the late-1990s, and as one of the co-founders of Otpor!, the U.S.-funded Serbian activist group which overthrew Slobodan Miloševi? in 2000. Continue reading

“Doctors” Behind Syrian Chemical Weapons Claims are Aiding Terrorists By Tony Cartalucci

25 August 2013 — Land Destroyer

The “evidence” upon which the West is propping up its narrative of the Syrian government using chemical weapons against large numbers of civilians hinges so far entirely on claims made by “Doctors Without Borders.” In the New York Times article, “Signs of Chemical Attack Detailed by Aid Group,” it is reported:  Continue reading

Financial Cleansing: The Cyprus Bail-in Template By grtv

11 April 2013 — grtv

The recent bail-in in Cyprus has given the world a glimpse at the future of the banking landscape. Now, as Canada gets set to hardwire the bail-in process into law, analysts like Michel Chossudovsky are warning how the big banks can use this template to further consolidate their monopoly of economic control. This is the GRTV Backgrounder on Global Research TV.

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Why Carney’s Appointment as Bank of England Governor Should be Challenged By Hugo Radice

5 December 2012 — The Bullet • Socialist Project • E-Bulletin No. 739

The appointment of Mark Carney as next Governor of the Bank of England has been greeted with universal acclaim. In the House of Commons Ed Balls was quick to congratulate Chancellor George Osborne on his choice, and on the evening TV news both former Chancellor Alistair Darling and self-styled monetary maverick David Blanchflower were of the same opinion. Here was a giant of financial regulation, with a PhD in economics, ten years at Goldman Sachs, singlehandedly responsible for guiding Canada to the quickest post-2008 recovery among the G7 countries, and appointed in 2008 to chair the Financial Stability Board set up by the G20. So what’s not to like?

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FAIR Media Alert: CEO Evening News?

27 November 2012 — Fairness and Accuracy in Reporting

CBS turns to benefit-cutting bosses for ‘fiscal cliff’ commentary

The CBS Evening News has decided the best way to inform viewers about the impending “fiscal cliff” is to let corporate CEOs affiliated with the Fix the Debt campaign recommend cuts to Social Security and Medicare. Continue reading

Guided By Our Grandchildren By Jane Miller

28 December 2011 — In These Times

Paternoster Square, in the heart of London, is the grim and newish development owned by Mitsubishi. It contains the Stock Exchange, Goldman Sachs, Merrill Lynch and a wing of the London School of Economics (once the nursery of left politics, now a bastion of the right). It was there that the Occupy protestors planned to pitch their tents, but the police stepped in, and this ugly and unloved spot is now impenetrable to the public. The tents are now set up around the corner at St. Paul’s Cathedral; and if some feel that the squabbles behind those vast ecclesiastical doors have distracted from the protest itself, many are grateful for them.

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Information Clearing House Newsletter 28 November 2011: Libya's New Rulers Offer Weapons to Syrian Rebels

28 November 2011 — Information Clearing House

Pakistan Has Had Enough
By Simon Tisdall
The belief that weak, impoverished, divided Pakistan has no alternative but to slavishly obey its master’s voice could turn out to be one of the seminal strategic miscalculations of the 21st century. http://www.informationclearinghouse.info/article29826.htm

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Gerald Celente: “Austerity riots will come to the US” — RT

1 July 2011 — RT

More and more of the world economy is crumbling and America doesn’t seem too far behind.

While riots erupt in Greece over austerity measures imposed by the government, back home lay-offs are rampant on Wall Street with Goldman Sachs relieving over 200 employees from their positions today. Is there a way out before Americans begin to emulate the Greeks?

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Gerald Celente: "Austerity riots will come to the US" — RT

1 July 2011 — RT

More and more of the world economy is crumbling and America doesn’t seem too far behind.

While riots erupt in Greece over austerity measures imposed by the government, back home lay-offs are rampant on Wall Street with Goldman Sachs relieving over 200 employees from their positions today. Is there a way out before Americans begin to emulate the Greeks?

Continue reading