with Noam Chomsky
LeftTalks Jun 8, 2013
A Message From Noam Chomsky To The Alter Summit In Greece.
Recorded at the Left Forum 2013. Continue reading
“Blood Strawberries”: A Roundup of Media Reporting on Bangladeshi Workers Being Shot by Foremen in Greece When They Demanded Back Wages
At the village of Nea Manolada, a farming area west of Athens where thousands of migrant workers are employed, there is a history of exploiting migrants, but nothing like the Greek tragedy that occurred there April 17 when 29 Bangladeshi workers were shot by three foremen with two shotguns and a handgun. A photo of one of the victims showed him with bloody bandages over his groin, which leads one to believe that these foremen were vicious.
Oct 4, 2012 by RussiaToday
In this episode, Max Keiser and Stacy Herbert bring a bankster rat onto set to discuss the civil suit against JP Morgan’s mortgage fraud. We revisit episode 97 of the Keiser Report on which journalist Teri Buhl had first warned you about the residential mortgage back security fraud issue on JP Morgan’s balance sheet – thanks to their purchase of Bear Stearns.
In the second half of the show, Max Keiser talks to Dr. Michael Hudson, author of The Bubble and Beyond: Fictitious Capital, Debt Deflation and Global Crisis, about Timothy Geithner’s role in facilitating the takeover of the banking system by the Wall Street mafia and about the oligarchic counter revolution against democracy in Europe. Continue reading
The Rome Radical Left daily, Il Manifesto, recently headed a recent article about European politics (which I have summarized here) with the name of Emile Roemer. The 50-year old Roemer is the leader of Holland’s leftwing Socialist Party (SP), a man almost unknown in much of Europe even though today he is the most popular politician in The Netherlands and favored to win national elections on September 12. A Socialist victory there would represent a major electoral turn-about in The Netherlands. The sudden rise in popularity of the leftwing Socialists in Holland is attributed to the left’s opposition to the rightwing government’s proposal for austerity policies calling for a 13 billion euro budget cut in order to reduce the national deficit to less than 3% of the GDP, as per the Fiscal Compact decided and imposed on European Union members by the non-elected technocrats of the EU in nearby Brussels…
The problem is all inside your head she said to me
The answer is easy if you take it logically
I’d like to help you in your struggle to be free
There must be fifty ways to leave your lover.
–Lyrics by Paul Simon
The Euro appears to be a marriage of incompatible partners. A June 1st article in the UK Telegraph titled “Why Europe’s Love Affair with the European Project Is Ending” reported that two-thirds of 9,000 respondents thought that having the euro as their single currency was a mistake.
I gave a talk last week at Canada’s Wilfrid Laurier University to the Congress of the Humanities and Social Sciences. Many in the audience had pinned small red squares of felt to their clothing. The carre rouge, or red square, has become the Canadian symbol of revolt. It comes from the French phrase carrement dans le rouge, or “squarely in the red,” referring to those crushed by debt.
Symbol of the Crisis of the European Union or Paradigm of Europe’s Salvation
It is an ironic twist of history that Greece, the cradle of Western culture, today, 2500 years after the acme of Hellenic glory, appears on the stage of history in the best of cases as victim, and in the worst, as the symbol of the threat to the collapse of the West European society.
SYRIZA, an acronym signifying “Coalition of the Radical Left”, is favored to win upcoming re-elections following the inconclusive elections held last May 6. Today’s ungovernable and crisis-ridden Greece is shaking the foundation of the European Union. Continue reading
For months now our stocks have gone up and down due to various concerns, but none more recurrent than concerns about the financial crisis in Greece. Morning after morning, New York City based casino capitalists trade with Greece and the latest rumors from Western Europe on their minds.
What will affluent Germany do to bail out the collapsing, debt-ridden country of Greece? Will France go along with those plans? Will the massive injection of liquidity by the European Central Bank help the banks to behave in ways that help Greece, among other countries? Day after trading day, the U.S.
In an article titled “Still No End to ‘Too Big to Fail,’” William Greider wrote in The Nation on February 15th:
Financial market cynics have assumed all along that Dodd-Frank did not end “too big to fail” but instead created a charmed circle of protected banks labeled “systemically important” that will not be allowed to fail, no matter how badly they behave.