Failure in Geneva
by Stephen Lendman
Morning headlines belie continued conflict on the ground. East/West divisions remain. Nothing changed but political rhetoric from Geneva.
After Annan's so-called peace plan, violence increased because Washington planned it that way.
Expect it to continue now. America needs conflict and instability to further regime change plans. Peace and stability defeat its interests.
AP ran a June 30 headline with no text, saying:
"Clinton urges UN Security Council to pass sanctions authorizing military action in Syria"
PermalinkGovernment by the Banks, for the Banks: The ESM Coup D’Etat in Europe
by Ellen Brown
On Friday, June 29th, German Chancellor Angela Merkel acquiesced to changes to a permanent Eurozone bailout fund—“before the ink was dry,” as critics complained. Besides easing the conditions under which bailouts would be given, the concessions included an agreement that funds intended for indebted governments could be funneled directly to stressed banks.
According to Gavin Hewitt, Europe editor for BBC News, the concessions mean that:
[T]he eurozone’s bailout fund (backed by taxpayers’ money) will be taking a stake in failed banks.
Risk has been increased. German taxpayers have increased their liabilities. In future a bank crash will no longer fall on the shoulders of national treasuries but on the European Stability Mechanism (ESM), a fund to which Germany contributes the most.
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