Greg Palast | Behind the Immigration Law (Video): “The law doesn’t say we are busting you if you’re not a citizen, the law says we’re busting you if you don’t have your papers.” Drones could begin flying over Texas in a matter of months: Customs and Border Protection has said it intends to increase unmanned aircraft systems across the country this year, and it expects a complete network of the unmanned planes all along the border by 2015. Judge Rules Torture Doesn’t Violate Due Process: In a ruling that anticipates how the government will ignore torture as it tries alleged detainees in civilian court, Judge Lewis Kaplan rejected Ahmed Khalfan Ghailani’s efforts to get his indictment for contributing to the 1998 embassy bombings dismissed because he was tortured while in US custody. UK's Labour 'on brink of defeat': The Labour party's talks with the Liberal Democrats on forming Britain's next government have come to an end, raising the prospect that David Cameron, the Conservative party leader, could soon become prime minister. UK: Unions warn of Greek-style riots : Unions today sent a chilling warning of Greek-style strikes and protests after winning a major legal victory for civil servants made redundant. Is It Already Too Late to Save Greece?: The International Monetary Fund and the European Union are coming to Greece's aid with a financial commitment worth billions. But is it already too late to rescue the cash-strapped country? US Fed to ship dollars to Europe: Central banks can lend the dollars out to banks in their home countries that are in need of dollar funding to prevent the European crisis from spreading further. Congressman Ron Paul: Greece and the American Taxpayer: Video: Ron Paul points out that the Fed opening its swap lines to Europe violated its promise to Congress not to do so. Paul also says the bailout will help lead to the destruction of all fiat paper currencies, ensuring that "gold will rule the roost". Fannie Mae Needs $8.4 Billion More: Fannie Mae asked the U.S. government for an additional $8.4 billion in aid after posting an $11.5 billion net loss for the first quarter, the latest sign that the bailout of the mortgage investor and its main rival, Freddie Mac, is likely to be the most expensive legacy of the U.S. housing-market bust. Amateur Video Of Gulf Oil Slick - Worse Than BP Admits : Officials have stopped guessing at the amount of oil leaking although some speculate it may be closer to 1 million gallons per day. George Monbiot: I'm not quite ready to climb the Dark Mountain: To sit back and wait for the collapse of industrial civilisation is to conspire in the destruction of everything greens value Archbishop of Vienna accuses one of Pope’s closest aides of abuse cover-up: Open warfare broke out in the Vatican over the clerical sex abuse scandal at the weekend as Cardinal Christoph Schönborn, the Archbishop of Vienna, accused one of Pope Benedict XVI’s closest aides of covering up past scandals.
Wednesday, 12 May 2010
Euro-Bankers Demand of Greece
By Michael Hudson
Financial lobbyists are using the Greek crisis as an object lesson to warn about the need to cut back public spending on Social Security and Medicare. Continue
By Tariq Ali and Mark Weisbrot
'People are asking, in Greece and elsewhere, “How come we are being victimized? All the cuts in public spending affect us; they don’t affect the rich. And why are the bankers not being punished? Well, why is this system, the system created by neoliberalism, of deregulation, of actually legalizing financial speculation, why is this not being stopped?” Continue
Posts
