Americans have been impoverished to pay bankers and wage imperial wars.
By Michael Laxer - rabble.ca
One has to hand it to the neo-liberal ideologues and the neo-conservative political movement in Canada; they have managed to get all political parties, the mainstream media and most of the population on board the "tax relief" train. To one degree or another, they kneel at the alter of this ultimate false god...And in the wake of round-after-round of federal and provincial income, sales and corporate tax cuts, the threat of severe austerity measures grows as each year passes.
By Murray Dobbin - February 27, 2012
You can say one thing for the powers that be in the banking industry. They've got a lot of nerve...This past week, our own finance minister, Jim Flaherty, along with Mark Carney, the Governor of the Bank of Canada, came out strongly in opposition to a modest proposal to regulate the U.S. banking system...Their interventions followed a concerted effort by American bank lobbyists to spark international opposition to U.S. regulatory reforms.
By Edwin Black - Znet
Newly-released documents expose more explicitly the details of IBM's pivotal role in the Holocaust - all six phases: identification, expulsion from society, confiscation, ghettoization, deportation, and even extermination. Moreover, the documents portray with crystal clarity the personal involvement and micro-management of IBM president Thomas J. Watson in the company's co-planning and co-organizing of Hitler's campaign to destroy the Jews.
Greece is being systematically raped, pillaged and destroyed. Bankers demand it. What they want, they get, no matter the human toll and economic ruin.
As sailors have known for thousands of years, when the rats get nervous, the boat has sprung a leak.
By Iglika Ivanova - CCPA
...[T]he [British Columbia] government decided not to tackle the serious social issues that BC families face: abject poverty and homelessness, growing income inequality and increasingly poor job quality. There is nothing in this budget to ensure that BC will be able to meet its climate commitments...Children, vulnerable seniors and British Columbians were asked to wait until the economy improves while the government chose to use its limited public resources to extend a tax break of up to $42,500 each to wealthy buyers of new homes...
By Julie Hyland - 22 February 2012
The €130 billion-plus (US$172 billion) package of loans agreed by euro zone finance ministers will not protect Greece from bankruptcy. It merely postpones the inevitable, while European and international finance capital use Greece as a testing ground for their scorched-earth policy of savage austerity being rolled out across the continent.
By Noam Chomsky - February 14, 2012
American decline is real, though the apocalyptic vision reflects the familiar ruling class perception that anything short of total control amounts to total disaster. Despite the piteous laments, the U.S. remains the world dominant power by a large margin, and no competitor is in sight, not only in the military dimension, in which of course the U.S. reigns supreme.
Predatory bankers are destroying economies and people for profit.
By Panagiotis Sotiris - February 14, 2012
Greece is becoming the test site for an extreme case of neo-liberal social engineering. The terms of the new bailout package from the European Union, the European Central Bank and the International Monetary Fund, the so-called ‘troika’, equal a carpet bombing of whatever is left of collective social rights and represent an extreme attempt to bring wage levels and workplace [conditions] back to the 1960s.
By Nick Beams - WSWS
More than a third of the nation is officially designated as living in poverty. Unemployment now exceeds one million people...The youth unemployment rate is close to 50 percent...Since the global financial crisis began in 2008, it is estimated that at least 20,000 people have been made homeless. People are sleeping on pavements, park benches, in train stations, shopping arcades and doorways. The Greek Orthodox Church says it is feeding 250,000 people a day.
Official government data are manipulated. Credibility's entirely lacking. Reported good news is hype. Grim underlying reality is suppressed.
By Robert Stevens - 8 February 2012
Talks held Tuesday night between the three parties making up the Greek government of Prime Minister Lucas Papademos failed to finalize the cuts demanded of it in return for a €130 billion rescue package...The talks between the social democratic PASOK party, the conservative New Democracy and the neo-fascist LAOS broke up after the three parties reached agreement on a new round of savage attacks on social services, jobs and wages, but failed to adopt the full range of cuts demanded by the so-called “troika”...
Reporting it doesn't make it so. In fact, it's more illusion than fact, but that doesn't surprise half of US households impoverished or bordering on it, according to recent US Census data.