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All content tagged: austerity

21 Century Wire - 2019-09-08 - Original post - cached version

Rising costs of living, corporate welfare and monetarist governments has created the perfect storm.

SUNDAY WIRE host Patrick Henningsen speaks with guest Basil Valentine about a growing epidemic on both sides of the Atlantic, as both America and Britain’s homeless population continues to...

Dissident Voice - 2019-07-31 - Original post - cached version

In a case that finally started to receive national attention over the last few weeks, Baltimore prosecutors finally achieved their desired goal after three attempts, a conviction of Keith Davis Jr., a young Black working class resident of Baltimore, who his supporters say, was set up by...

Dissident Voice - 2019-07-30 - Original post - cached version

Pundits from the left, from the right and from the center cannot stop reporting about Greece’s misery. And rightly so because the vast majority of her people live in deep economic hardship. No hope. Unemployment is officially at 18%, with the real figure closer to 25% or 30%; pensions have been...

Grayzone Project - 2019-07-28 - Original post - cached version

A historic people’s uprising in Puerto Rico has forced the resignation of Governor Ricardo Rosello – but the struggle doesn’t…

The post Puerto Rico ousts corrupt governor — is ‘La Junta’ next? appeared first on The Grayzone.

BSNEWS - 2019-07-04 - Original post - cached version

Listing the ways the state-corporate media have sought to undermine Corbyn would sound preposterous to anyone not deeply immersed in these media-constructed narratives. But almost all of us have been exposed to this kind of “brainwashing under freedom” since birth.

The post The plot to...

Dissident Voice - 2019-06-19 - Original post - cached version

Trump’s 2020 budget proposal reflects another significant increase in military spending along with corresponding cuts in spending by Federal agencies tasked with the responsibility for providing critical services and income support policies for working class and poor people. Trump’s call for...

Grayzone Project - 2019-06-13 - Original post - cached version

Ten years after a US-backed coup handed Honduras over to big business, the country is rising up. A leader of…

The post Why Hondurans set fire to the US embassy appeared first on The Grayzone.

The Duran - 2019-06-04 - Original post - cached version

Authored by Serban V.C. Enache via Hereticus Economicus:

John Maynard Keynes, as a young adviser to the UK Treasury, successfully predicted another great conflict in Europe after what transpired at the so-called peace of Versailles. In preparation for the conference, Keynes argued...

Dissident Voice - 2019-05-30 - Original post - cached version

There is nothing very remarkable about being immortal; with the exception of mankind, all creatures are immortal, for they know nothing of death. What is divine, terrible, and incomprehensible is to know oneself immortal.
— Borges, “The Immortal”, IV, in The Aleph (1949)

...
Down With Tyranny - 2019-04-28 - Original post - cached version

I recall-- vividly-- Trump's flat-out lies about not accepting SuperPAC money. While he was doing everything he could to scrounge it up, he was making fun of Jeb Bush, Ted Cruz, Hillary Clinton and all the other 2016 presidential candidates for being puppets of the Big Money donors. He was too...

Consortium News - 2019-02-14 - Original post - cached version

The decision has set up a standoff between the president and the courts, writes Luis Gómez Romero. López Obrader wants to cut salaries for all government workers in Mexico, including himself. (AP Photo/Rebecca Blackwell0) By Luis Gómez Romero, University of…

Dissident Voice - 2019-02-10 - Original post - cached version

I started carrying a knife aged 12…when I’ve got this [samurai sword] with me I feel safe, scare tactics init – the bigger [the knife] the better…No one breaks the cycle round here – the cycle never breaks.

A teenager in Liverpool made these statements to the BBC...

Dissident Voice - 2019-01-26 - Original post - cached version

HAARP – the High Frequency Active Auroral Research Program – was initiated as an ionospheric research program, established in 1993 in Gakona, Alaska and operated by the University of Alaska, Fairbanks. It was and is funded by the U.S. Air Force, the U.S. Navy, the University of Alaska Fairbanks...

Dissident Voice - 2019-01-22 - Original post - cached version

Last October, Philip Hammond, the UK Chancellor of the Exchequer, in the annual federal budget speech to the UK Parliament, said this: “Austerity is coming to an end, but discipline will remain.”

Talk about Orwellian doublespeak. The truth about austerity is that it is a means of social...

21 Century Wire - 2019-01-19 - Original post - cached version

In case you haven’t noticed, homelessness is on the rise in North America and Europe. With successive record-breaking years, it’s becoming clear that this is no mere socioeconomic anomaly – it’s a serious social epidemic. While glad-handing politicians and their corporate benefactors carry on in...

Consortium News - 2018-12-21 - Original post - cached version

French protesters are furious with EU champion Emmanuel Macron while Rome battles Brussels over its budget. Amid all this, Andrew Spannaus discusses why organized labor isn’t seizing the moment.  Yellow Vests, Italian Budget Battles & Silent Labor Unions By Andrew…

...
Dissident Voice - 2018-12-16 - Original post - cached version

Under the suffocating shadow of economic austerity, homelessness in Britain is increasing, poverty and inequality deepening. Since the Conservative party came to power via a coalition government in 2010, then as a minority government in 2015, homelessness has risen exponentially.

Whilst...

Dissident Voice - 2018-12-15 - Original post - cached version

Paris, France, April 2017: Macron Unveils Assault on Workers’ Rights.

Paris, France, December 2018: A potential worldwide insurgency of the working class starts in France as Yellow Vests occupy the streets.

Some 75% of the French back the gilets jaunes. And this support...

Dissident Voice - 2018-12-01 - Original post - cached version

The full quote by Porfirio Díaz is: “Poor Mexico, so far from God and so close to the United States.” Mexican President Díaz (1876-1880 and 1884-1911) got it at least half right. Mexico has suffered in the shadow of the Colossus of the North, but Mexico is not poor. Mexico is rich in many ways,...

The Duran - 2018-11-21 - Original post - cached version

Authored by John Wright. op-ed via RT.com:

As the UK political establishment rips itself to pieces over Brexit, a far greater crisis continues to afflict millions of victims of Tory austerity…

A devastating UN report into poverty in the UK provides incontrovertible evidence...

Dissident Voice - 2018-10-25 - Original post - cached version

   Jair Bolsonaro                   Fernando Haddad

One week before the second round of voting in Brazil, Jair Bolsonaro, the extreme right-wing candidate from the Social Liberal Party (PSL), against Fernando Haddad from the Worker’s Party (PT), Lula’s Party, for Brazil’s Presidential run...

Dissident Voice - 2018-10-13 - Original post - cached version

In order to meet the colossal challenges of the time, fundamental change to the socio-economic order is needed. The environmental catastrophe is the major issue, together with armed conflict, potentially nuclear. Both threaten the survival of humanity and the planet, and both are widely ignored...

Dissident Voice - 2018-10-12 - Original post - cached version

When the global financial crisis resurfaces, we the people will have to fill the vacuum in political leadership. It will call for a monumental mobilisation of citizens from below, focused on a single and unifying demand for a people’s bailout across the world....

Dissident Voice - 2018-09-25 - Original post - cached version

Argentinian president Mauricio Macri speaking on September 3rd, 2018 (Youtube screenshot).

After a hectic weekend with speculation aplenty, Argentina woke up on September 3rd waiting for the announcements of president Mauricio Macri. After accomplishing the feat of being late in...

MintPress - 2018-09-08 - Original post - cached version

ATHENS – It is a tale of two realities. Later this week, Greek Prime Minister Alexis Tsipras will give his annual speech to the nation – Greece’s equivalent of the State of the Union address — at the 83rd Thessaloniki Trade Fair.

Fresh off of a recent reshuffle of his cabinet, the main...

MintPress - 2018-09-04 - Original post - cached version

RIO DE JANEIRO — Since the National Museum of Rio de Janeiro was reduced to ashes by a fire that broke out Sunday night, the country has been in the grips of not only grief but a powerful collective sense of outrage over their loss of the 200-year-old museum. The anger has manifested itself in...

The Duran - 2018-08-27 - Original post - cached version

Authored by Daniel Lacalle via DLacalle.com:

Greece has exited bailout territory and the European Union is making a strong case of the success of the program.

While Greece has obviously ended its bailout process, the real issues of the Greek economy remain largely intact....

Dissident Voice - 2018-08-27 - Original post - cached version

Reading the daily headlines, it’s easy to forget that the corollary of a civilization in precipitous decline is a world of creative ferment, a new world struggling to be born. If you could have a God’s-eye view of all the creative resistance rending the fabric of political oppression from the U....

The Duran - 2018-07-30 - Original post - cached version

Compared to the performance of the Argentinian economy this time last year, economic activity is down by 5.8% as the government applies the IMF’s austerity measures, aimed at cutting government expenditures in order to make budgetary room to repay the international bloodsuckers. The...

Dissident Voice - 2018-07-12 - Original post - cached version

All fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and [humans are] at last compelled to...

The Duran - 2018-06-29 - Original post - cached version

While many Syria party members hailed Tsipras’ victory, the reality is that Greece will be stuck in its bailout for years to come.

The terms of Greece’s exit make it extremely difficult for the next government to bring life to an ailing economy. Greece may have exited the Troika...

The Duran - 2018-06-26 - Original post - cached version

Argentina was not open for business on Monday as workers in transportation, banks, public schools, gas stations, and other sectors sit the day out or else engage in blocking key streets in protest to President Macri’s taxation, austerity program, and deal with the International Monetary...

Down With Tyranny - 2018-06-25 - Original post - cached version

Congressional Republicans plan to reduce the biggest budget deficit in history-- that they created by giving multimillionaires and billionaires massive tax cuts-- by further eviscerating the social safety net, particularly Medicare and Medicaid. But not 'tl after the midterms. Even...

Dissident Voice - 2018-06-22 - Original post - cached version

The weekend edition of the Financial Times dated April 7/8 featured a story in the House and Home section under the title ‘Barcelona hits the Brakes.’ The story describes the negative effect of last October’s Catalan independence referendum on Barcelona’s real estate market. The Times cites data...

Down With Tyranny - 2018-06-11 - Original post - cached version

"The Republicans," explained Kyle Kulinski last week, "have shifted further right to some weird brew of theocracy and authoritarianism and fascism and outright oligarchy." He forgot kakistocracy and kleptocracy but no need to quibble. "The Democrats," he continued, "are acting like the...

The Duran - 2018-06-01 - Original post - cached version

Originally appeared on Al jazeera

Piraeus, Greece – When Iliodoros Filios first ventured to a soup kitchen in 2012, he was consumed with shame. He waited idly outside while his wife and children went in to gather their portions.

With time, he...

BSNEWS - 2018-05-10 - Original post - cached version

BSN co-editor Mike Raddie discusses funding of the White Helmets and how British citizens could be on the wrong side of anti terrorism legislation by paying taxes which the UK government is providing to this terrorist group in Syria.

The post BSNews Co-editor Mike Raddie talks with RT...

Dissident Voice - 2018-05-05 - Original post - cached version

As the capitalist elite continues to pour ever more resources into its crusade to dismantle society, it’s important to keep a tally of the damage done—if only to direct popular attention to where it’s needed most, and to where the Left’s own resources are needed most. High on the list of...

MintPress - 2018-05-04 - Original post - cached version

SAN JUAN, PUERTO RICO — Puerto Rico’s capital was the site of massive scenes of brutal repression as police clamped down on an International Workers Day march using overwhelming violent force, scattering thousands of protesters who gathered to resist austerity measures and anti-worker attacks on...

Dissident Voice - 2018-05-04 - Original post - cached version

Peace in the Koreas is what the world expects; and Peace in the world is what humanity expects, the vast majority. 99.9% of the world population wants peace, but it’s the 0.1% that commands war and destruction, since war and destruction is what runs the western economy. Literally. If peace would...

BSNEWS - 2018-04-26 - Original post - cached version

The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?

The post Fox in the Hen House: Why Interest Rates Are...

Dissident Voice - 2018-04-21 - Original post - cached version

Oh, what fun it truly was to experience the “bomb cyclone” in January in New England: the snowfall gave a sense of peace and calm, the winds were less strong than predicted, and the snow, while heavy, was not dense enough to take down trees and power lines in most areas. The following period of...

Dissident Voice - 2018-03-17 - Original post - cached version

Following the economic crash of 2008, Tory governments have put cutting the budget deficit (the difference between what the government receives in taxes and what it spends) and reducing the national debt at the centre of their economic policy. Austerity, principally, was their method of doing...

BSNEWS - 2018-03-14 - Original post - cached version

The Blighty ship of state has in the last couple of weeks looked even more like a listing vessel heading slowly towards the nearest port with a broken rudder after striking a rocky shoal.

The post HMS Blighty Shipping Water, Badly appeared first on BSNEWS.

Dissident Voice - 2018-02-16 - Original post - cached version

Europe’s Left has finally renounced the Syriza Party (acronym for Coalition of the Radical Left), as Jean-Luc Mélenchon of France Insoumise or “Unsubmissive France” calls for Greece’s Syriza booted out of the Alliance of Leftists. Greece’s PM Tsipras of the Syriza Party faux Left is way too far...

Giza Death Star - 2018-02-08 - Original post - cached version

Well, it finally happened. Mad Madam Merkel has her coalition. But it comes at a very high cost, and in the long term, all…

The post NEWS AND VIEWS FROM THE NEFARIUM FEB 8 2018 appeared first on Giza Death Star.

MintPress - 2018-02-03 - Original post - cached version

ATHENS, GREECE (Analysis) – Hundreds of thousands of Greeks took to the streets of Thessaloniki, Greece’s second-largest city, on Sunday, January 21, in a mass rally opposing a compromise on the part of the Greek government regarding the Macedonia name dispute with Greece’s northern neighbor,...

MintPress - 2018-02-02 - Original post - cached version

Under instructions from the European Commission, the European Central Bank and the International Monetary Fund, the Greek government pushed through the most anti-union legislation in Europe on Monday 15 January.

The move was demanded, along with other draconian measures, as a condition of...

The BRICS Post - 2018-01-29 - Original post - cached version


Temer is trying to push a package of spending cuts through parliament and other measures to lift Brazil out of its worst recession in decades [Xinhua]

Despite ongoing political turbulence following a slew of corruption charges aimed at sitting and...

BSNEWS - 2018-01-12 - Original post - cached version

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.

The post Student Debt Slavery: Bankrolling Financiers on the Backs of the Young appeared first on BSNEWS.

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