Since 2008, America, Britain and other European nations force-fed austerity harshness. Neoliberal and imperial priorities take precedence by Stephen Lendman Bankers, war profiteers, other corporate favorites, and privileged elites alone benefit. Ordinary people lose out entirely. Public needs go begging. Human misery grows. Things go from bad to worse. Nothing ahead looks promising. Britain made things harder. Parliament imposed the […]
The Super-priority Status of Derivatives by Ellen Brown Cyprus-style confiscation of depositor funds has been called the “new normal.” Bail-in policies are appearing in multiple countries directing failing TBTF banks to convert the funds of “unsecured creditors” into capital; and those creditors, it turns out, include ordinary depositors. Even “secured” creditors, including state and local governments, may be at risk. Derivatives have […]
Foundation fellows and diplomats have lauded the overwhelming approval of the Arms Trade Treaty (ATT) by the General Assembly of the United Nations, with UN Secretary-General Ban Ki-moon describing it as a means to obstruct the illicit arms flow to warlords, pirates, terrorists, criminals and the like by Nile Bowie Many who have critically monitored the situation in Syria and […]
By George Galloway MP The old saw that one shouldn’t speak ill of the recently dead cannot possibly apply to controversial figures in public life. It certainly didn’t apply to President Hugo Chavez who predeceased Margaret Thatcher amidst a blizzard of abuse. The main reason it must not preclude entering the lists amidst a wave of hagiographic sycophantic tosh of […]
Hours after the death of former British prime minister Margaret Thatcher, the history books are being re-written and the beatification of the Iron Lady is well underway by Finian Cunningham Current British premier David Cameron praised Lady Thatcher for having “saved Britain” and for making the has-been colonial power “great again”. Tributes poured forth from French and German leaders, Francoise […]
My evidence only magically came to light after I complained to commission chairman by Rowan Bosworth-Davies I once sat next to a board director of a major high street bank at a private dinner. Earlier in the day he had listened while I spoke about the laws on money laundering, and I had pointed out the penalties for non-compliance. He […]
How the West Fueled the Ever-Growing Carnage in Syria The actions of the United States and its allies in Syria have only led to escalating violence and chaos by Nicolas J.S. Davies On Tuesday March 27th 2013, Kofi Annan gave a speech at the Graduate Institute in Geneva. In his usual careful and diplomatic tone, Annan spoke firmly against Western […]
My evidence only magically came to light after I complained to commission chairman by Rowan Bosworth-Davies I once sat next to a board director of a major high street bank at a private dinner. Earlier in the day he had listened while I spoke about the laws on money laundering, and I had pointed out the penalties for non-compliance. He […]
Margaret Thatcher, Supposed Champion of Freedom and Democracy, and her Dictator Friends by Nima Shirazi Margaret Thatcher died Monday, April 8, 2013, at the age of 87. Predictably, there is no dearth of hagiographic profiles of the former British Prime Minister in the mainstream press and scathing vitriol elsewhere. But while The Economist hails Thatcher for her “willingness to stand up […]
For years now, the collapse of the dollar has been in the cards. Recent developments show mounting pressure on the dollar’s reserve currency status by Anthony Migchels With a major international deflation going on, the threat of inflation through money printing is unreal. However, should the dollar’s reserve currency status end, the repatriation of trillions of petro- and eurodollars could […]
By Zerohedge As reported late on Friday, just as the market closed, the Portuguese constitutional court decided that several provisions of the country’s 2013 budget were not constitutional. According to the high court, cuts in wages and pensions of public employees were unfair (there’s that word again) because they targeted only the public sector. The court rejected plans to cut […]
Chronology of British Foreign Policy by Mark Curtis 1947 Foreign Office describes Middle East oil in secret document as ‘a vital prize for any power interested in world influence or domination’. 1948 Britain declares ‘emergency’ in Malaya and begins 12-year war to defeat rebels, who are mainly marginalised Chinese. Britain secretly describes war as ‘in defence of [the] rubber industry’ and […]
