Below you'll find a list of all posts that have been tagged as “Greece”
One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I. Millions of soldiers ordered by mindless generals into the hostile arms of barbed wire and machine gun fire had left the armies stalemated in trenches. A reasonable peace could have been reached, but US President Woodrow …
My column, “Capitalism At Work,” about Greek women being forced into prostitution by banksters and the IMF produced a number of responses from women, who report that austerity is having the same effect all over Europe. This is from a letter from Portugal: “Your article ‘Capitalism At Work’ shows absolutely what’s happened here in Portugal. It is common for young …
During the 1970s-1990s much attention was focused on the rising debt crisis in post-colonial Africa. Continental states after gaining national independence realized that there could be no genuine development while financial obligations to western-based lending institutions were rapidly escalating. With the balkanization of the continent during colonialism, the national independence movements without political integration and economic unification faced formidable challenges in …
As if the Greek tragedy of Syriza’s thrashing by the European Troika wasn’t enough, we’ve just witnessed direct overrule of a popular vote by the President of Portugal who refuses to accept a resounding public vote for governmental change. “The bondholders must be served!” reflects his declaration and the predicament citizens of the world face in reclaiming control of their money and their governments from Supra-national Finance. This week Ellen talks with Dr.Thomas Marois about how public banking is working despite the anti-democratic developments in other nations of the world and how the future of public banking will depend on social and political movements, and she looks at some of the current monetary issues headlining in the US with co-host Walt McRee. Bernie Sander’s support for postal banking is another headline grabber, as reported by Matt Stannard on the Public Banking Report.
In a recent interview on Food Sleuth Radio, Dr. Hansen exposes Monsanto’s latest contrivance – that Bt toxic corn is ‘safe’ to eat. Dr. Hansen provides ‘clean’ science through Consumer Reports that has no private backing, and certainly none by the GM industry. Hansen states that biotechnology allows you to move genetic traits from any possible source – viruses, bacteria, …
Doom and gloom “porn”, this is the new troll term to describe the realities being described by those who use math and pure logic to derive conclusions. What other conclusions can one come to than “it’s been a great ride but it’s nearly over”? We are only a week away from the Fed meeting where interest rates may come off …
The Delphi Initiative of Greece issued yesterday the following statement under the title Tsipras – Kammenos Surrender Greece: The Greek Left is a political force, the supporters of which gave heroic struggles in the past to defend democracy and national independence of Greece, thousands and thousands of them dying, sent into prison and exile or tortured. It is the first …
Science must be defended against commercial interests that attempt to get important papers on GMOs and pesticides retracted rather than encouraging further research to clarify any uncertainties, says an important new peer-reviewed paper published in Environmental Sciences Europe. The paper, authored by Drs John Fagan, Terje Traavik and Thomas Bøhn, details the events that followed the publication of the research …
Jack examines the big swing in the revised GDP figures for the 2nd quarter, and raises questions about the US Government’s ability to adjust for seasonality in the figures. How is it that every year for the past four years, the US economy (and GDP numbers) collapse to near zero or less in the winter and then surge above average in the spring-summer? Can it be just coincidence, occurring now four times? How reliable are GDP numbers, in the US and globally (China, India, Europe?). Jack then looks at the details of the recent revision, concluding that business inventories, net exports, and commercial building number swings have good reason to doubt the veracity or continuity of the numbers. In the second half of the show, the recent debt restructuring deals just concluded in Greece and Ukraine in recent weeks indicate a new kind of colonialism may be emerging in the periphery of Europe, where debt is used as the ‘product’ by the colonizers to extract wealth and an income stream from the ‘colony’ by means of financial asset transfer instead of direct low wage and low cost production of goods—as in the case of past forms of colonialism. Jack reviews in detail the recent Memorandum signed by Greece and the Troika, which not only reveals even more austerity but now a direct management of the Greek colony economy to ensure payments on the $400 billion plus debt continue to be made. Direct management is a new feature of the new ‘inside’ colonialism. Direct management is even more blatant in the case of the Ukraine deal, Jack explains, where former US and EU shadow bankers now run Ukraine’s economy on a day to day basis. Depressions will get worse in both countries and more debt restructurings are inevitable.
Why does this matter? First because it makes no sense to sell off valuable assets in the middle of Europe’s worst depression in 70 years. I’ve just had sight of the latest privatisation plan for Greece. It’s been issued by something called the Hellenic Republic Asset Development Fund – the vehicle supervised by the European institutions, which has been tasked with …
