Tag Archives: austerity & bailout

The EU Success Story: Growing Impoverishment in the EU

The European Union statistical agency Eurostat, is coming up with the figures showing how the empire is destroying the living standard of its member states, especially those “rescued” by bailouts. Eurostat’s latest figures show that the income disparity among EU … Continue reading

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162 Organizations Urge Senators To Co-sponsor Glass-Steagall Act

One-hundred-sixty-two organizations, representing millions of Americans, sent a letter to Senators on June 16th, urging them to co-sponsor the 21st Century Glass-Steagall Act (S. 1282). June 16th marked the 81st anniversary of FDR’s signing the 1933 Banking Act, which included … Continue reading

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Greece’s Fascist Health Minister: Cancer Is “Not Urgent Unless It’s in Its Final Stages”

Greece’s fascist Health Minister, Adonis Georgiadis, displayed the full callousness of the EC-ECB-IMF Troika’s genocidal aims in a Feb. 22 article in the Washington Post, something certain Ukrainians ought to read. The daily interviewed uninsured cancer patient Nikos Solomos, 60, … Continue reading

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German population would reject ESM in a referendum

In an interview with the Passauer Neue Presse daily today, Sahra Wagenknecht, vice chairwoman of the Linke party, said that the moment the German constitutional court would rule in favor of a referendum on the ESM, the bailout policy would … Continue reading

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EUROPE DOESN’T GET IT: “THE DEAD CAN’T PAY THEIR DEBTS,” ARGENTINE PRESIDENT WARNS

Speaking Aug. 2 at the Buenos Aires Board of Trade, celebrating the 158th anniversary of its founding, Argentine President Cristina Fernandez once more slammed European governments for killing their citizens through brutal austerity, recalling her late husband Nestor Kirchner’s 2003 … Continue reading

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Absurdities permeate bailout logic and application

Simon Carswell, Irish Times Financial Correspondent says “Whatever side you’re on in the treaty referendum, it’s absurd to pay banks senior unguaranteed debt.”  Here’s his piece from today’s Irish Times… THE BOTTOM LINE : TWO STORIES from recent encounters speak volumes … Continue reading

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Sinn Fein organize for a NO vote in Monaghan

Sinn Fein organizers for County Monaghan held an anti Austerity Treaty meeting in the Four Seasons Hotel, Monaghan Town on the evening of Friday 19th May.  The meeting was addressed by the the party’s Dail Group Leader, Caoimhghin O’Caolain, and … Continue reading

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