Michael Hudson: The Greek Experiment

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
February 14, 2012

on Feb 14, 2012

Michael Hudson: Greek crisis used to find out how far finance can drive down wages and privatize

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Greece: From Despair to Resistance by Panagiotis Sotiris

Dandelion Salad

Crossposted with permission from www.socialistproject.ca/bullet/

by Panagiotis Sotiris
Socialist Project | The Bullet
February 14, 2012

On Sunday 12 February 2012 the people of Greece, in demonstrations and street fights all over the country expressed in a massive, collective and heroic way their anger against the terms of the new loan agreement dictated by the EU-ECB-IMF ‘troika’ (Eurpoean Union, European Central Bank, International Monetary Fund). Workers, youth, students filled the streets with rage, defying the extreme aggression by police forces, setting another example of struggle and solidarity.

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William Blum: The corporations are the beneficiaries of the wars, interviewed by Cindy Sheehan

with Cindy Sheehan
Featured Writer
Dandelion Salad
Cindy Sheehan’s Soapbox Blog
Cindy Sheehan’s Soapbox

and with William Blum
Featured Writer
Dandelion Salad
www.killinghope.org
Nov. 6, 2011

TIME TO PULL THE PLUG ON KING OBAMA

Image by SS&SS via Flickr

Today, (November 6th), Cindy welcomes William Blum, who is an American author, historian, and critic of United States foreign policy.  He studied accounting in college.  Later he had a low-level computer-related position at the United States Department of State in the mid-1960s.  Initially an anti-communist with dreams of becoming a foreign service officer, he said he became disillusioned by the Vietnam War.  Continue reading

Michael Hudson: EU: Democracy Incompatible with Debt Collection + Jon Corzine’s MF Global Firm Collapses

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
Nov. 3, 2011

Democracy Now
Nov 3 2011

AMY GOODMAN: World leaders are gathering in Cannes for the opening of the Group of 20 summit today. That’s the G20 summit. On the top of the agenda is Greece and the European debt crisis. The Greek prime minister, George Papandreou, is coming under intense criticism from European leaders for allowing the Greek people to decide if they want to accept the conditions of a $179 billion E.U. bailout. Continue reading

Michael Hudson: Finance is the new mode of warfare

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
Nov. 1, 2011

for sale

Image by siggimus via Flickr

The Corbett Report
Interview 403
31 Oct 2011

Michael Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), joins us to discuss the example of Iceland’s struggle against the banking oligarchy. We examine the history of Iceland’s debt crisis, the government that has effectively signed the country over to the debtors, and the people’s efforts to reclaim their economy. We also look at parallels in the Greek situation and ask what we can learn from what the Icelandic people are going through.

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Max Keiser: Greece run by financial terrorists + Satyajit Das: Global economic chaos + James Howard Kunstler: The Political Awakening

Dandelion Salad

on Nov 2, 2011

Global stock markets have plunged over Greece’s shock announcement that it would hold a referendum on an EU bailout deal.

The decision has raised fears that a rejection of the unpopular EU agreement will renew risks of a Greek default and might even force the country to leave the eurozone.

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Michael Hudson: Banks are crime-gangs! + Obama’s Good Cop/Bad Cop deal with the Republicans

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Image by Runs With Scissors via Flickr

with Michael Hudson
Featured Writer
Dandelion Salad
October 10, 2011

on Oct 6, 2011

Michael Hudson: A public option in banking will be a structural answer to the power of finance

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The Great Global Debt Depression: It’s All Greek To Me by Andrew Gavin Marshall

by Andrew Gavin Marshall
Featured Writer
Dandelion Salad
July 15, 2011

Απεργία 5 Μάη

Image by ΠΡΙΝ via Flickr

In late June of 2011, the Greek government passed another round of austerity measures, ostensibly aimed at getting Greece “back on track” to economic progress, but in reality, implementing a systematic program of ‘social genocide’ in the name of servicing an endless and illegitimate debt to foreign banks. Right on cue, protests and riots broke out in Athens against the draconian measures, and the state moved in to do what states do best: oppress the people with riot police, tear gas and bashing batons, leaving roughly 300 people injured.

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Michael Hudson: Guns, Finance and Butter – Finance Is the New Mode of Warfare

Dandelion Salad

Updated: July 16, 2011; added transcript

with Michael Hudson
Bonnie Faulkner
Guns and Butter
July 13, 2011

Tax the rich, not our future placard

Image by Plashing Vole via Flickr

The jobless recovery; the debt ceiling and default; China; Greece; banks, not countries, receive the bailouts; financial warfare; IMF and EU; European Central Bank; US credit default swaps; US agricultural exports create food dependency; currency devaluation devalues the price of labor; class war of banks against the rest of society

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Michael Hudson: Greece a Dress Rehearsal for United States

GREEKS PROTEST AUSTERITY CUTS

Image by PIAZZA del POPOLO via Flickr

Dandelion Salad

 on Jul 10, 2011

Michael Hudson: Cuts to Social Security and Medicare and privatization at the state level mirror strategy imposed on Greece

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Keiser Report: Michael Hudson: IMF Assassins to destroy Greek economy

Dandelion Salad

GREEKS PROTEST AUSTERITY CUTS

Image by PIAZZA del POPOLO via Flickr

 on Jul 7, 2011

This week Max Keiser and co-host, Stacy Herbert, report on selling Greece’s sovereignty and Spain’s El Gordo. In the second half of the show, Max talks to economist Michael Hudson about the IMF assassins sent in to destroy the Greek economy.

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Report from Greece on U.S. Gaza Aid Flotilla + Obama Admin Warns of Fines and Incarceration for Gaza Aid Flotilla

Dandelion Salad

Freedom Flotilla

Image via Wikipedia

 on Jun 27, 2011

Up to 50 Americans are set to sail from a Greek port on a U.S.-flagged ship that is part of an international flotilla carrying humanitarian aid and letters of support for Gaza’s 1.5 million Palestinian residents. Continue reading

European Spring: The Gradual demise of Capitalism by Gaither Stewart

by Gaither Stewart
Featured Writer
Dandelion Salad
19 June, 2011
Rome

Capitalism isn't working

It’s an accumulative kind of thing, the demise of capitalism worldwide: at first the waning and the dwindling, now the rapid corkscrew-like downwards spiraling, of greedy, vicious, cannibalistic capitalism busily devouring itself. Today, one can only conclude the imminence of its just demise.

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Bilderberg 2011: The Rockefeller World Order and the “High Priests of Globalization” by Andrew Gavin Marshall

by Andrew Gavin Marshall
Featured Writer
Dandelion Salad
June 18, 2011

To say we were striving for a one-world government is exaggerated, but not wholly unfair. Those of us in Bilderberg felt we couldn’t go on forever fighting one another for nothing and killing people and rendering millions homeless. So we felt that a single community throughout the world would be a good thing.[1]  — Denis Healey, 30-year member of the Steering  Committee of the Bilderberg Group

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The Financial Road to Serfdom by Michael Hudson

Dandelion Salad

by Prof. Michael Hudson
Global Research
June 13, 2011

GREEKS PROTEST AUSTERITY CUTS

Image by PIAZZA del POPOLO via Flickr

Financial strategists do not intend to let today’s debt crisis go to waste. Foreclosure time has arrived. That means revolution – or more accurately, a counter-revolution to roll back the 20th century’s gains made by social democracy: pensions and social security, public health care and other infrastructure providing essential services at subsidized prices or for free. The basic model follows the former Soviet Union’s post-1991 neoliberal reforms: privatization of public enterprises, a high flat tax on labor but only nominal taxes on real estate and finance, and deregulation of the economy’s prices, working conditions and credit terms.

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