The assault of global capitalism is not only an economic and political assault. It is a cultural and historical assault. Global capitalism seeks to erase our stories and our histories. Its systems of mass communication, which peddle a fake intimacy with manufactured celebrities and a false sense of belonging within a mercenary consumer culture, shut out our voices, hopes and dreams.
The post Journalism as Subversion appeared first on BSNEWS.
Sawant believes that because of the presidency of Barack Obama—who has served corporate power, expanded imperial wars, carried out a massive assault on civil liberties and failed to address the needs of the mounting numbers who are unemployed or underemployed—many people, especially young people, are hungry for political alternatives to “the two big business parties.”
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The main culprit in the debt crisis was a fall in tax revenues resulting from massive tax cuts for corporations and the wealthy. According to Razmig Keucheyan, sociologist and author of “The Left Hemisphere,” this “neoliberal mantra” that was supposed to increase investment and employment did the opposite.
The post Europe’s Debt: Lies and Myths appeared first on BSNEWS.
Terrorism pushes our emotional buttons. And politicians and the media tend to blow the risk of terrorism out of proportion. But as the figures above show, terrorism is a very unlikely cause of death.
Indeed, our spending on anti-terrorism measures is way out of whack
The post You’re 55 Times More Likely to be Killed by a Police Officer than a Terrorist appeared first on BSNEWS.
According to whistleblower Nicholas Wilson, HSBC was 'involved in a fraudulent scheme to illegally overcharge British shoppers in arrears for debt on store cards at leading British high-street retailers' including B&Q, Dixons, Currys, PC World and John Lewis. Up to 600,000 Britons were defrauded.
The post ‘A Conspiracy Of Silence’ – HSBC, The Guardian And The Defrauded British Public appeared first on BSNEWS.
“What the British government cannot tell the public is that the current growth model for the UK economy revolves around the endorsement and protection of financial sector fraud.”
The exposure of HSBC’s fraud in Britain could fundamentally jeopardise both the bank’s domestic and US operations.
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Does Varoufakis really think he can pull this off? Does he really think he can out-fox the slimy, authoritarian brigands and leg-breakers who run these extortionist institutions and who will use every means possible to extract the last drop of blood from their victim be he an aspiring, but penniless student at the university or a destitute pensioner huddling homeless and frozen in an abandoned doorway in downtown Athens?
The post Showdown in Athens appeared first on BSNEWS.
Remember when Goldman Sachs – dubbed by Matt Taibbi the Vampire Squid – sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up? It seems that the ubiquitous investment bank has also put the squeeze on California and its school districts.
The post Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bonds appeared first on BSNEWS.
I believe Syriza is sincere, and I’m rooting for them, but they may have overestimated their own strength, while forgetting how the Mafia came to occupy its position; it didn’t derive from a lot of compromise with left-wing upstarts. Greece may have no choice, eventually, but to default on its debts and leave the Eurozone. The hunger and unemployment of the Greek people may leave them no alternative.
Misinformation and propaganda used as a pretext for war. A war that plays a significant role in destroying an oil-rich nation in the Middle East. Sound familiar? Like Iraq, we should demand a public inquiry into Britain’s involvement in this duplicitous aggression. At the very least all those journalists who backed the intervention need to start asking the searching questions they should have asked back in 2011.
