Articles tagged with: neoliberalism
ADDED OCT 9, 2010, at POLITICAL DYNAMITE.
When people start throwing around figures in the billions I’d be the first to admit I switch off.
If you said to me ‘so and so’ costs £12 billion, while ‘this and that’ costs $340 million – by mixing up the denominations and the units you can completely throw people off the scent. I’m certainly not thinking, that’s a comparison between £12,000,000,000 and approx £214,000,000.
Or for even easier digestion: £12 billion compared to approx £0.2 billion.
I’m going to borrow an analogy from the superb More Or …
London Morning Star, Monday 31 January 2011.
David Cameron’s case for his government’s plans to destroy the National Health Service is based on bluster and lies.
Justifying something on the basis that leaving things as they are is not an option is not an argument.
If there are weaknesses in the NHS – and there certainly are – identify those weaknesses and engage in discussion over how to overcome them.
The Tories and their loyal satraps the Liberal Democrats have not done that.
They simply gave a blank sheet of paper …
In a January 2009 ABC interview with George Stephanopoulos, then President-elect Barack Obama said fixing the economy required shared sacrifice, “Everybody’s going to have to give. Everybody’s going to have to have some skin in the game.” (1)
For the past two years, American workers submitted to the President’s appeal—taking steep pay cuts despite hectic productivity growth. By contrast, corporate executives have extracted record profits by sabotaging the recovery on every front—eliminating employees, repressing wages, withholding investment, and shirking federal taxes.
The global recession increased unemployment in every country, but the …
Featured, Headline, The Arab World »
Washington’s Blog, Sunday 30 January 2011.
Nomi Prins – former managing director of Goldman Sachs and head of the international analytics group at Bear Stearns in London – notes that the Egyptian people are rebelling against being pillaged by giant, international banks and their own government as much as anything else.
She also points out that the Greek, British, Tunisian and other protesters are all in the same boat:
The ongoing demonstrations in Egypt are as much, if not more, about the mass deterioration of economic conditions and the harsh result of years …
Editorial, London Morning Star.
Bank of England governor Mervyn King left no room for doubt in his address to businessmen at Newcastle Civic Centre on Tuesday night.
He expects working people to pay the price of the economic crisis through job losses and lack of purchasing power because their loss is business’s gain.
It is incredible that King can posture as an authority on the economy when the banking crisis erupted on his watch and he neither foretold it nor was prepared for it.
Like Establishment politicians in all three main …
Featured, Headline, North America »
By Chris Hedges.
Power does not rest with the electorate. It does not reside with either of the two major political parties. It is not represented by the press. It is not arbitrated by a judiciary that protects us from predators. Power rests with corporations. And corporations gain very lucrative profits from war, even wars we have no chance of winning. All polite appeals to the formal systems of power will not end the wars in Iraq and Afghanistan. We must physically obstruct the war machine or accept a role as …
Featured, North America »
By Jerry White, 8 January 2011.
President Obama’s choice of William Daley for the post of White House chief of staff is a clear signal to corporate America that his administration will dedicate the next two years to accommodating the wishes of big business for reduced regulations and taxes for corporations and austerity measures for the working class.
In the midst of the worst economic crisis since the Great Depression—with workers facing long-term unemployment and rising personal bankruptcies, hunger and poverty—the president has picked a multi-millionaire banking executive from JPMorgan Chase for …
By the Editor.
Hat tip to Scott Creighton over at American Everyman for posting this video.
Recently assaulted activist and demonstrator Jody McIntyre, verbally demolishes a BBC reporter live on air in this video interview. After the condescending, patronising interviewer’s repeated attempts to paint Jody and his fellow protesters as violent and threatening, Jody responds:
“Do you think that I could have, in any way, posed a physical threat from the seat of my wheelchair, to an army of police officers armed with weapons? This whole line of argument is absolutely ludicrous …
By Jane Burgermeister.
Wikileaks founder Julian Assange has won an award from the “Economist” magazine, a financial publication controlled by the Rothschild banking family, and he has also featured on an “Economist” video clip, raising questions about conflicts of interest. Assange predicted a bank run could be triggered by bank data leaks but he does not mention that this would result in the robbery of millions of people because of the way the fractional reserve banking system works, and profit the banks.
Is a false flag bank run hyped by the banker’s …
How can you claim to understand war if you don’t understand the events that trigger it?
Posted by Truth Excavator.
It has been obvious for several years that the worldwide peace movement, if you can call it that, is a total sham. It needs a radical transformation. And groups like Code Pink can’t be expected to lead it because truth demands the blue flame of anger, not flower power.
Governments and media propagandists have failed in containing the force of truth. And their betrayal of humanity in these dark times will not be …