State of War in Syria

June 28th, 2012

by Stephen Lendman

On Wednesday, Assad said "a state of war" exists.

"(A)LL our policies, directives and all sectors will be directed in order to gain victory in this war."

He called on government officials to boost relations with Russia, Latin American and African states.

"Apparently, the problem was with the West only, while the majority of the world want to build relations with us and with others, but throughout decades, we were seeking to boost our economic ties with those who colonized us directly or indirectly." "Syria seeks to build good relations with all world countries but we have to know where are our real interests."

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The Euro is a Big Success - No Kidding

June 28th, 2012

by Greg Palast

The idea that the euro has "failed" is dangerously naive. The euro is doing exactly what its progenitor – and the wealthy 1%-ers who adopted it – predicted and planned for it to do.

That progenitor is former University of Chicago economist Robert Mundell. The architect of "supply-side economics" is now a professor at Columbia University, but I knew him through his connection to my Chicago professor, Milton Friedman, back before Mundell's research on currencies and exchange rates had produced the blueprint for European monetary union and a common European currency.

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