With negotiations between Greece and the troika over how to resolve the latest austerity-impasse still ongoing, Greece make an intriguing offer: Continue with the privatization of state assets that the troika demands, use the proceeds on Greece’s humanitarian crises instead of immediately paying back Greece’s creditors. And while the troika has yet to formally rule out Greece’s proposal, European Commission president Jean-Claude Juncker made an uncharacteristic offer last week of 2 billion euros to “support efforts to create growth and social cohesion in Greece”. Considering virtually all past attitudes by the troika regarding Greece’s “growth and social cohesion”. So by wrapping its humanitarian aid proposal within a privatization mandate Greece did the seemingly impossible: the troika’s position on Greece is slightly less crazy than before. That almost never happens. And still probably isn’t happening.
Pravy Sektor street soldiers stormed the Ukrainian parliament in Kiev over the death of one of their number at the hands of security forces. It will be interesting to see how the Ukrainian population receives the austerity package that the EU has in place for them!
The eurozone troika recently eased market worries a bit by renegotiating part of Ireland’s massive bailout. But the public still wants answers on why the 2010 bailout happened in the first place and those answers could reignite the crisis. It isn’t easy being the ECB. Or the EU. Or the IMF.
Iran, Russia and Venezuela Feel the Benefits By Steven MufsonWASHINGTON POST High oil prices are fueling one of the biggest transfers of wealth in history. Oil consumers are paying $4 billion to $5 billion more for crude oil every day than they did just five years ago, pumping more than $2 trillion into the coffers […]
Events in and around 9/11 as an extension of World War II.
Listen: MP3 Side 1 | Side 2 Much of this program focuses on the American conflict with Germany over succession to become head of the International Monetary Fund. Having successfully opposed the nomination of Caio Koch-Weser, the U.S. acquiesced to the wishes of the German-dominated EU by accepting Horst Kohler as the IMF chief. The […]
Listen: MP3 Side 1 | Side 2 Beginning with discussion of major German corporations’ restructuring of their capital situations, this program further develops the analysis of maneuvering by corporate Germany. (Underlying the analysis is the remarkable and deadly Bormann organization, the economic component of a Third Reich gone underground. Although this might seem absurd or […]
Listen now: Side 1 | Side 2 Highlighting the German nationalistic approach to economics, this program underscores the use of “corporatism” as an instrument of political aggression. Beginning with analysis of the takeover struggle between Vodaphone (a British mobile phone company) and Mannesmann (a German heavy industrial firm which has branched out into communications), the […]
Listen: MP3 Side 1 | Side 2 With the beginning of 1999, the Euro came into being as the currency for much of continental Europe. This event took place as the possibilities of a global economic collapse continued to loom large. In this program, a number of aspects of global economic and political considerations are […]