Greece
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Ellen Brown: How Greece Could Take Down Wall Street
CDS are a form of derivative taken out by investors as insurance against default. According to the Comptroller of the Currency, nearly 95% of the banking industry’s total exposure to derivatives contracts is held by the nation’s five largest banks: JPMorgan Chase, Citigroup, Bank of America, HSBC, and Goldman Sachs. The CDS market is unregulated,… Continue reading
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Information Clearing House Newsletter 19 February 2012: Greece Shows Us How to Protest Against a Failed System
19 February 2012 — Information Clearing House Does AIPAC Want War? By Robert Naiman If a bill pushed by Lieberman passes, it could give the US “political authorisation for military force” against Iran. http://www.informationclearinghouse.info/article30584.htm Continue reading
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GREECE IN FLAMES: PRELUDE TO EUROPEAN REVOLUTION? A DEBATE WITHIN THE LEFT
The worst fears of the ruling classes of Greece and Europe are becoming true: an uncontrollable social explosion is under way in Greece. Continue reading
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Video: Austerity Policy Destroying Greek Society
Dimitri Lascaris: Heart wrenching personal stories show that Greece should reject austerity deal and pull out of Eurozone Continue reading
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Black Agenda Report February 15 2012: Black MisLeading Looter Class / Warriors for Empire / Grammy Racism
15 February 2012 — Black Agenda Report – News, commentary and analysis from the black left Giving Away the Store: The Black Political Class as Bystanders and Looters Dr. King once expressed the belief that we might be “integrating into a burning house.” Even that might not be so bad, one supposes, if we were Continue reading
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Information Clearing House Newsletter 15 February 2012: George Galloway: Clinton Irresistible… And Not Just To Women
15 February 2012 — Information Clearing House Save Us from the Liberal Hawks By David Rieff Cry havoc and let slip the dogs of (humanitarian) war. http://www.informationclearinghouse.info/article30535.htm Continue reading
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Greece in flames: Cassandra strikes again By Eric Walberg
In a scene worthy of “Battle of the Damned” gas-mask clad protesters left 40 buildings in Athens in flames as police fired tear gas and rubber bullets, wounding hundreds. Greece’s 99 per cent have little or nothing to lose in a “structurally readjusted” country, leaving them at the forefront in the growing battle in the… Continue reading
austerity, banking, banks, corporations, Eric Walberg, EU, gas, Greece, IMF, parliament, police, strikes -
Disaster Capitalism in Action in Europe (with Video) By Moira Dalgetty in Athens
Make no mistake: what took place in Greece on the 12th of February 2012 – the agreement by the Greek parliament to the wholesale sell-off of their country – is about something far bigger, and much more insidious and dangerous, than debt, the story that is being sold to the public across Europe. To demonise… Continue reading
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Information Clearing House Newsletter 13 February 2012: A Death Sentence for Greece
13 February 2012 — Information Clearing House “The Real Opposition in Syria is Not the Syrian National Council or Free Syrian Army,” By Idaf I’m fed up with the simplified, naive views and the manipulative perception management tactics that aim to draw unrealistic picture about the conflict by conveniently framing it simply as idiot proxies and armed Continue reading
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Information Clearing House Newsletter 12 February 2012: Russia Says West Arming Syrian Rebels
12 February 2012 — Information Clearing House Russia Says West Arming Syrian Rebels Accuses West of being “Accomplices” in Violence By David Blair “Western states that push the Syrian opposition into uncompromising measures, which arm them and give them advice and instructions, are accomplices in the process of inflaming the crisis,” http://www.informationclearinghouse.info/article30500.htm Continue reading
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Information Clearing House Newsletter 10 February 2012: Greek police union wants to arrest EU/IMF officials
10 February 2012 — Information Clearing House Pakistan: ’11 militants killed’ near Afghanistan : Eleven Taliban militants were killed and 19 wounded in northwest Pakistan Friday during a crackdown by the Pakistani military near the border with Afghanistan, according to reports. http://bit.ly/wrtg88 Continue reading
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New at Strategic Culture Foundation 11-17 December 2011
17 December 2011 — Strategic Culture Foundation European Union: From economic crisis to constitutional disaster17.12.2011 | 11:50 | Hannes HOFBAUER (Austria) The Brussels summit of December 2011 intended to solve a huge fiscal and budget (and in reality an economic) problem in the Euro-zone. It let to a political split within the EU-27 and risks Continue reading
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Euro-US cold winter/ seething anger BY Eric Walberg
The eviction of demonstrators last week is an ominous metaphor for ruling elites, whose own days are surely numbered, ponders Eric Walberg Continue reading
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Eurozone Crisis Q&A BY BY Hugo Radice, Ed Lewis
Political economist Hugo Radice is a Life Fellow at the School of Politics and International Studies at the University of Leeds. In an interview with NLP’s Ed Lewis, he addresses a series of questions on the escalating crisis in the Eurozone. Continue reading
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General Strike in Portugal in 24 November
With a deeper recession, we will enter a destructive cycle of austerity policies, added recession and higher debt, repeating what is already happening, namely in Greece, with disastrous outcomes for the workers, people and country, which are very visible today.” Continue reading
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Video: EU: Democracy Incompatible with Debt Collection By Michael Hudson
Democracy Now! video stream from Germany by Michael Hudson, who’s been closely following the Greek crisis. Continue reading
The New Dark Age 