Economist Michael Hudson says neoliberal policy will pressure U.S. citizens to emigrate, just as it caused millions to leave Russia, the Baltic States, and now Greece in search of a better life. http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=16438
Tag: corporate dictatorship
Rootstrikers Blasts Newly Revealed Collusion Between Obama Administration and Big Banks on Financial Provisions in TPP
FOIA documents reveal coordinated effort between Obama administration and Wall Street lobbyists to deliver unprecedented benefits for financial industry. WASHINGTON – Today, activist organization Rootstrikers criticized collusion revealed in new FOIA documents between US Trade Representative Michael Froman – formerly a high-paid Citigroup executive – and representatives of some of the largest financial institutions on Wall Street….
Empire of Lies: How the US Continues to Deceive the World About Puerto Rico
Nelson A. Denis, Truthout “There are three kinds of lies,” said Mark Twain. “Lies, damned lies, and statistics.” Unfortunately for Puerto Rico, this is not an aphorism; it is an operating principle. Separated by an ocean and a language from the mainland, Puerto Ricans have watched the US government lie brazenly and repeatedly — to…
Economist Paul Craig Roberts: Greece Must Leave the Eurozone to Regain Its Sovereignty
Wednesday, 04 May 2016 00:00 By Michael Nevradakis, Truthout | Interview In Greece, the Syriza-led coalition government is now set to agree to new rounds of cuts and privatizations demanded by the country’s lenders. Prior to its initial election in January 2015, Syriza had promised to abolish the country’s loan agreements and austerity policies. Now,…
The Job-Killing Trade Deal You’ve Never Heard Of: The China Bilateral Investment Treaty
The American Prospect March 18, 2016 In behind-the-scenes negotiations with China, the Obama administration is pushing a trade compact that could export jobs overseas and erode worker protections. Why? AP Photo/Evan Vucci President Barack Obama, left, shakes hands with Chinese President Xi Jinping during their meeting held on the sidelines of the COP21, United…
U.S. Suicide Rate Surges to a 30-Year High
WASHINGTON — Suicide in the United States has surged to the highest levels in nearly 30 years, a federal data analysis has found, with increases in every age group except older adults. The rise was particularly steep for women. It was also substantial among middle-aged Americans, sending a signal of deep anguish from a group…
Dave Johnson: Panama Trade Agreement: Was Tax Evasion The Point All Along?
The Bush administration negotiated the Panama free trade agreement without addressing Panama’s bank and corporate secrecy. Panama has little to “trade” with the U.S., so maybe leaving secrecy out of the agreement wasn’t an accident; it was the point. It provided a stamp of legitimacy and protections for “investors” moving their money to Panama. Panama…
Neoliberalism: The Ideology at the Root of All Our Problems
Imagine if the people of the Soviet Union had never heard of communism. The ideology that dominates our lives has, for most of us, no name. Mention it in conversation and you’ll be rewarded with a shrug. Even if your listeners have heard the term before, they will struggle to define it.
The Plan Behind the TransPacific Partnership to Destroy National Sovereignty
The TransPacific Partnership is labelled as a “free trade” magic elixir that will cure all ills – Jobs! Prosperity! World Peace! – but in fact it’s a toxic brew that weakens the American body politic and the Constitution. And when you look at how it came about you see that those are design features, not…
A Voter’s Guide to Hillary Clinton’s Policies in Latin America Support for coup regimes, militarization and privatization, trade deals that wreak economic havoc—they reveal the failure of Clintonism.
By Greg Grandin April 15, 2016 There’s been too little discussion of Latin America through the Democratic primary, including at last night’s debate, which didn’t touch on it. One candidate, Bernie Sanders, doesn’t have much of a track record to examine, although his broad rejection of neoliberalism and interventionism bode well for turning a page…
U.S. Uncut: Media Silent as Massive Protest in D.C. Fills Jails Beyond Capacity
Nathan Wellman | April 11, 2016 Initial reports suggest that hundreds of protesters are being arrested outside Capitol Hill in Washington, D.C., right now for participating in a peaceful demonstration against corporate money in politics. With over 53,000 tweets, #DemocracySpring is trending on Twitter and on Facebook, and the protest is still unfolding. However, some noted…
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