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Their enemy is our enemy by Chris Hedges

by Chris Hedges
Featured Writer
Dandelion Salad
Truthdig
June 4, 2012

Manifestation 22 Mai 2012 Montreal

Image by fatseth via Flickr

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.

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The Greek Affair by Gaither Stewart + Syriza

by Gaither Stewart
Featured Writer
Dandelion Salad
Rome, Italy
May 23, 2012

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

Michael Hudson: What Americans can Learn from Eurocrisis + Transcript

Tax the Rich

Image by Caretaker Cameron via Flickr

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
May 10, 2012

May 10, 2012 by

Michael Hudson: From the Democratic Party to European “Socialists”, they manage crisis in the interests of finance

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Michael Hudson: Debt-ridden Countries IMF’d as “Euro Collapse” threat lures Bailout Bucks

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
April 18, 2012

Apr 18, 2012 by

Welcome to Capital Account. European banks are under pressure to raise capital and the Euro could collapse triggering panic in financial markets and another great depression. These are all warnings coming out of the international monetary fund. Central banks haven’t been waiting — they appear to be moving away from the euro by buying more gold. We’ll talk about it. And while we are on the topic of the IMF as policymakers descend upon Washington for the Spring meeting — it seems all about raising money to boost the IMF’s fire power aimed at putting out Europe’s debt crisis. But

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Perils of the Global Economy by Ralph Nader

Dandelion Salad

By Ralph Nader
The Nader Page
March 15, 2012

dc action 049

Image by Public Citizen via Flickr

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.

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Michael Hudson: It’s Not a Normal Situation!

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
March 9, 2012

on Mar 9, 2012

On Friday, the US Labor Department released the jobs report numbers for the month of February. According to the report, 227,000 jobs were created but the unemployment rate remains at 8.3 percent. Many call these tough economic times a time of recovery, but how long will the US take to climb out of its terrible deficit? Michael Hudson, economics professor for the University of Missouri, breaks down the numbers for us.

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How Greece Could Take Down Wall Street by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
February 20, 2012

The Rape of Greece by ECB, EU and IMF

Image by freestylee via Flickr

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.

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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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Michael Hudson: Economic collapse in the Western nations + Crime has been Decriminalized

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
January 28, 2012

Απεργία 5 Μάη

Image by ΠΡΙΝ via Flickr

See Dr. Hudson with Max Keiser in On the Edge as they sift through the latest issues including the EU, Ron Paul, Austrian economics, Iran and the role of the US dollar.

on Jan 28, 2012

In this edition of the show Max interviews the author Michael Hudson from Michael-Hudson.com

In this episode Max talks to Michael about the economic collapse in the Western nations and how this collapse gap thesis applies to the European economies currently experiencing a huge crisis.

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Geithner’s Ploy: Saving U.S. Banks at Taxpayer Expense, Once Again by Michael Hudson

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
January 8, 2012

U.S. and foreign stock markets continue to zigzag wildly in response to expectations about whether the euro can survive, in the face of populations suffering under neoliberal austerity policies being imposed on Ireland, Greece, Spain, Italy, etc. Here’s the story that I’m being told by Europeans regarding the recent turmoil in Greece and other European debtor and budget-deficit economies. (The details are not out, as the negotiations have been handled in utter secrecy. So what follows is a reconstruction.)

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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

Another day

Image by mkhalili via Flickr

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

Occupy DC

Image by Chris Wieland via Flickr

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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