Wall Street’s big banks and their financial networks that collapsed the U.S. economy in 2008-2009, were saved with huge bailouts by the taxpayers, but these Wall Street Gamblers are still paid huge money and are again creeping toward reckless misbehavior. Their corporate crime wave strip-mined the economy for young workers, threw them on the unemployment rolls and helped make possible a low-wage economy that is draining away their ability to afford basic housing, goods, and services.
The first time I met Tony Benn was years ago at the WBAI Pacifica radio station in New York. We were both being simultaneously interviewed about the events of the day. He was delighted to be able to speak his mind and share his progressive views with mine on the radio. “There’s much more freedom of speech in the U.S. than in the U.K.,” he remarked to me. “Not that much more,” I said. That was the closest we came to a disagreement.
Ahead of the referendum in Crimea this weekend on whether the Ukrainian autonomous republic should secede and join the Russian Federation, Washington and Europe are piling on the pressure to scupper the poll with unprecedented threats of reprisals.
German chancellor Angela Merkel reiterated provocative American claims that Russia is using “19th and 20th century tactics” and “law of the jungle” (meaning military aggression), when the reality is the reverse: it is Western states that are railroading political aims with wild threats of war.