Like a crazed gambler who bet the house – and lost – Theresa May’s Conservative (Tory) government is now doubling down to risk peace in Ireland so that she might cling on to power. Having lost her party’s overall majority in the House of Parliament in last week’s humiliating British general election, May is having to rely on a rabidly sectarian party from Northern Ireland to cobble together a working government.
with Chris Hedges
RT America on Sep 10, 2016
On this week’s episode of On Contact, Chris Hedges sits down with economist Mark Blyth to discuss the detrimental ramifications of austerity programs following the 2008 financial crisis. Professor Blyth, author of “Austerity: The History of a Dangerous Idea” addresses the political effects of the spending cuts and considers why the elites will not take responsibility for the fallout. RT Correspondent Anya Parampil examines the impact austerity measures have had on the American working class and the poor since 2008.
There can be little doubt that we are living through an extraordinary, and in many ways unprecedented era. Times of uncertainty and tremendous upheaval for sure, but also positive times, in which large numbers of people are becoming energised and politically engaged. Political parties in many countries are fracturing, as internal differences surface and the old dualities of left and right fail to respond to the needs and demands of the people.
RT America on Jul 23, 2016
In this week’s episode of On Contact, Chris Hedges explores capitalism in crisis with Richard Wolff, professor of economics emeritus at the University of Massachusetts-Amherst. From Brexit, to labor protests in France, to Italy’s financial woes, they discuss the effects of austerity on the working class. RT Correspondent Anya Parampil looks at the fallout of Britain’s decision to leave the European Union.
TheRealNews on Jul 4, 2016
Economist Michael Hudson argues that a vote for Europe is not a vote for socialism, but for a very right-wing, hard right, corporatist Europe where the laws will be made by bureaucrats acting on behalf of the large financial centers.
Brexit could trigger a $500 trillion derivatives meltdown, by forcing the EU to allow insolvent member governments and banks to write down debt. Italy is in financial crisis and is already petitioning for that concession. How to avoid collapse of the massive derivatives house of cards? Alternatives are considered.
It’s very rare that you see the ruling elite totally at a loss for words: but they were. Gobsmacked and stunned would be accurate descriptions of the look on the political class’s collective face on the morning of June 24, 2016.
The majority vote by Britons to leave the European Union was an act of raw democracy. Millions of ordinary people refused to be bullied, intimidated and dismissed with open contempt by their presumed betters in the major parties, the leaders of the business and banking oligarchy and the media.
Ask yourself this: Why has immigration been made the pole around which, this entire referendum ‘debate’, has revolved? Why has the closet Nazi Nigel Farage of UKIP been given so much airtime?
I haven’t written a single word about this non-event, precisely because it is a non event. It’s an artificially created argument, with the mainstream reasoning used on both sides, being equally fallacious. A gigantic deception played out with all the pomp and circumstance of a Royal Wedding and just about as empty.