Weill, separate banking from investment banking, repeal enabling acts for era of greed
The Godfather unregulated banking, Sanford I Weill, just endorsed restoring the most fundamental provision of the Glass-Steagal Act - separating banks from risky investment activity, a cardinal principal of banking regulation from the Great Depression… more »
The Rise of the Police State and the Absence of Mass Opposition
James Petras and Robin Eastman Abaya Introduction One of the most significant political developments in recent US history has been the virtually unchallenged rise of the police state. Despite the vast expansion of the police powers of the Executive… more »
Austerity, Adjustment, and Social Genocide: Political Language and the European Debt Crisis
By: Andrew Gavin Marshall Angela Merkel, Jose Manuel Barroso, and Mario Monti: Europe’s champions of austerity and adjustment The following is a sample analysis from my upcoming book on the global economic crisis and global resistance movements. Please… more »
Tags: angela merkel, austerity, competitiveness, european central bank, european commission, european debt crisis, european union, exploitation, growth, herman van rompuy, jean-claude trichet, jose manuel barroso, labour flexibility, mario draghi, nicolas sarkozy, poverty, privatization, structural adjustment, structural reform
Approaching Financial Abyss
Stephen Lendman An ocean of liquidity and institutionalized fraud alone keep dysfunctional economies from imploding. Conditions look increasingly grim. Political solutions resolve nothing. On July 20, Der Spiegel headlined "Merkel Is Driving Europe into… more »
Washington's Plan B for Syria
by Stephen Lendman Replacing independent governments with pro-Western puppets is official US policy. So is war on Islam. After Soviet Russia dissolved, Muslims replaced communists as public enemy number one. Since the 1990s, millions were ruthlessly… more »
Welcome to the New Syria
By Michael Collins The assault on Damascus by Syrian rebels and terrorist murder of the Syrian Defense Minister occurred just as the Red Cross announced that the fighting in Syria was officially a civil war. This is an odd reward system for military… more »
Tags: arab spring, egypt, imperialism, libya, oligarchy, saudi arabia, syria, united states, war crimes
Dying for Justice in Israel
by Stephen Lendman Among developed countries, Israel is one of the world's most socially, politically, and economically unjust. It mocks democratic values and social justice. It's run of, for, and by privileged elites. Ordinary people don't matter.… more »
Spoiling for Another Lebanon War
by Stephen Lendman Lebanon has the misfortune of bordering Israel. The IDF attacked its northern neighbor in 1978, 1982, 1996, and 2006. More on the most recent war below. Israel still illegally occupies Sheba Farms and Ghajar Lebanese territory. Since… more »
LIBORGATE REVEALS GLOBAL FINANCIAL GAME IS RIGGED
Allen L Roland Pete Bagley / Salt Lake Tribune To the global banking elite it’s always heads they win and tails you lose but the recent LIBOR scandal moves that rigged financial game to a global scale which could and should result in multibillion dollar… more »
Rupert Watch, Murdoch Faces Shareholder Rebellion in UK
By Michael Collins News Corporation is facing an investor rebellion in Great Britain that parallels a similar rebellion occurring in the United States. (Image) "A consortium of 18 heavyweight investors is calling for Mr Murdoch to stand down as chairman… more »
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