austerity

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 austerity plan, only to enter a new austerity outside of ECB and EU protection.

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 Fund.
telesur reports:

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.

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 from the Spanish property website Idealista. During the summer of 2017 (Q3 2017) properties in the city gained an impressive 018 percent compared to the previous year.

"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.

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.

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 about White Helmets appeared first on BSNEWS.

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 capitalist priorities, and thus of priorities for left-wing resistance, is the goal to privatize everything from education to nature to policing and soldiering. With that in mind, here’s a list of some recent “negative externalities” of privatization that I’ve culled from news sources.

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 the people of the U.S colonial territory.

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 break out what we in the west still call economy — though it’s a fraud, every day more visible — would collapse. In the US the war industry with all the associated production and service industries, including the Silicon Valley and banking, contributes more than 50% to GDP.