The Syriza chief is blissfully ignorant of the history of the euro. The horror of austerity is not the consequence of Greek profligacy – it was designed into the euro’s plan from the beginning, writes GREG PALAST
The post Trojan hearse: The Greek Elections and the Euro Leper Colony appeared first on BSNEWS.
Paralyzing an eviction is an act of civil disobedience: we understand it against laws that we consider unjust, actively disobeying them is not only a right but also a duty of the population. This disobedience is not gratuitous: it is
rooted in a superior legality systematically violated by the Spanish state: that of human rights.
The post How To Stop an Eviction appeared first on BSNEWS.
Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no more.”
The post EU Showdown: Greece Takes on the Vampire Squid appeared first on BSNEWS.
And as for freedom of speech and expression, we need only look back to the most recent royal wedding to see how even these sacred 'shining British values' can be exposed as pure illusion
The post Why Do We put Up With Parasitic Inbreds or Their Media Sycophants? appeared first on BSNEWS.
Allegedly the US is experiencing economic recovery. Normally with rising economic activity interest rates rise as consumers and investors bid for credit. But not in this “recovery.”
Normally an economic recovery produces rising consumer spending, rising profits, and more investment. But what we experience is flat and declining consumer spending as jobs are offshored and retail stores close.
The post Rigging the Market appeared first on BSNEWS.
It seems the world’s bankers have executed a bloodless coup and now represent all of the people in the world. . . . President Obama agreed at the G20 meeting in London to create an international board with authority to intervene in U.S. corporations by dictating executive compensation and approving or disapproving business management decisions. Under the new Financial Stability Board, the United States has only one vote. In other words, the group will be largely controlled by European central bankers.
All this fancy footwork is to prevent a run on the TBTF banks, in order to keep their derivatives casino going with our money. Warren Buffett called derivatives “weapons of financial mass destruction,” and many commentators warn that they are a time bomb waiting to explode. When that happens, our deposits, our pensions, and our public investment funds will all be subject to confiscation in a “bail in.” Perhaps it is time to pull our money out of Wall Street and set up our own banks – banks that will serve the people because they are owned by the people.
As long as Washington can control the world’s energy supplies and force the world to trade in dollars, it can spend well in excess of what it produces and not be held to account. It’s like having a credit card you never have to pay off.
That’s a racket Uncle Sam is prepared to defend with everything he’s got, even nukes.
The post Defending Dollar Imperialism appeared first on BSNEWS.
That is how the Wall Street-owned media routinely write off the exceptional record of this lone publicly-owned bank, crediting it to the success of the private oil industry. But the boom did not make the fortunes of the bank. It would be more accurate to say that the bank made the boom.
The post Wall Street Journal Reports: Bank of North Dakota Outperforms Wall Street appeared first on BSNEWS.
This film is radical. With over a dozen NHS insiders as my witnesses, I will tell the alarming story of how the health service as we know it is being quietly abolished. Almost without our noticing, it’s been replaced by a system modelled on the US in which care is delivered by profit-maximising companies that charge patients for treatment which is anyway to be restricted and reduced.
