Tag: Mike Whitney

Picked Out a Coffin Yet? Take Ibuprofen and Die

I’m not saying these medications don’t help to relieve chronic pain from “debilitating conditions, including osteoarthritis, rheumatoid arthritis‎, gout and other rheumatological and painful conditions”. They do. But whether they’re useful or not doesn’t change the fact that “even small amounts” of this crap can put you at risk of a heart attack or stroke. That’s what the public needs to know, and that’s the FDA’s job.

Showdown in Athens

Does Varoufakis really think he can pull this off? Does he really think he can out-fox the slimy, authoritarian brigands and leg-breakers who run these extortionist institutions and who will use every means possible to extract the last drop of blood from their victim be he an aspiring, but penniless student at the university or a destitute pensioner huddling homeless and frozen in an abandoned doorway in downtown Athens?

Varoufakis Keeps Greece in the Eurozone, by its Fingernails

a slow motion bank run has been underway in Greece for more than a month draining roughly 40 billion euros from the Greek banking system. If a deal hadn’t been struck on Friday, the ECB would have pulled the plug on its liquidity assistance program and blown the whole system to kingdom come. That’s how the Eurocrats planned to say goodbye to their long-struggling member, Greece, by giving them a sharp jolt to the groin before razing their economy to the ground

Talking Turkey

The countries that South Stream would have served, do not have a back-up supplier to meet their growing gas needs. So by following Washington’s lead, they’ve basically shot themselves in the foot. Analysts figure that any replacement for Russian gas will probably be 30 percent more expensive then they would have paid Gazprom.

Hurrah for the US! Hurrah for stupidity!

Defending Dollar Imperialism

As long as Washington can control the world’s energy supplies and force the world to trade in dollars, it can spend well in excess of what it produces and not be held to account. It’s like having a credit card you never have to pay off.

That’s a racket Uncle Sam is prepared to defend with everything he’s got, even nukes.

Fed Stops Stock Slide with Talk of QE Extension

The widening chasm between rich and poor is traceable to the policies that were adopted in 2008. That’s why things are so fu**ed up, it’s because the “surge in paper wealth, fueled by the trillions of dollars pumped into the financial system by central banks via zero interest rate and “quantitative easing” policies.”

In other words, it’s all deliberate. Robbing the poor and giving to the rich is all part of the plan.

The Ukraine, As We Know It, Is Gone Forever

Sooner or later the US and EU will realize that they need Russia’s help. And when they finally figure that out, they’ll work together to reach a comprehensive political agreement. Right now, they’re more preoccupied with punishing Putin (through economic sanctions and political isolation) to prove that no one can defy the Empire. But that kind of bullying behavior won’t change the reality on the ground.