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There’s No Place Called “TransNationalProfessionalistan”
There’s No Place Called “TransNationalProfessionalistan” Under the relentless thrust of accelerating over-population and increasing over-organization, and by means of ever more effective methods of mind-manipulation, the democracies will change their nature; the quaint old forms—elections, parliaments, Supreme Courts and all the rest—will remain. The underlying substance will be a new kind of non-violent totalitarianism. All […]
Desperately Trying to Salvage Canada-EU Trade Pact after Brexit, EU Escalates Assault on Democracy
Desperately Trying to Salvage Canada-EU Trade Pact after Brexit, EU Escalates Assault on Democracy The European Commission, it seems, will never learn. Despite the existential crisis caused by Britain’s decision to leave the EU and the serious questions being raised about the EU’s gaping lack of democratic legitimacy, the European Commission just escalated its assault […]
Are We Living In “A Riskless World”, Deutsche Asks
Are We Living In “A Riskless World”, Deutsche Asks Two weeks ago, when looking at the performance of bank stocks, Deutsche Bank’s Oleg Melentyev noticed that the ongoing collapse in US bank stocks relative to the change in the S&P from all time highs was starting to hint at patterns last seen just before the […]
When Government Controls All Wealth
When Government Controls All Wealth Sliding Into Absurdity BALTIMORE – Stock markets continued their rebound on Wednesday. The Dow rose 284 points… or just over 1.5%. London’s FTSE 100 Index was up 3.6%. And Europe’s equivalent of the Dow, the Euro Stoxx 50, was up 2.7%. No wonder the Dragon and his partners in crime […]
Austrian Court Orders Rerun Of Presidential Election After Finding “Widespread” Voting Fraud
Austrian Court Orders Rerun Of Presidential Election After Finding “Widespread” Voting Fraud In yet another slap in the face for an already reeling Europe, moments ago Austria’s Constitutional Court ruled on Friday that the presidential runoff election must be held again, handing the Freedom Party’s narrowly defeated candidate another chance to become the first right-wing […]
Italy Just Bailed Out Another Failed Bank, May Use Pension Funds For Future Bank Rescues
Italy Just Bailed Out Another Failed Bank, May Use Pension Funds For Future Bank Rescues Despite – or perhaps due to – Italy’s failed attempt to slide a state-funded €40 billion recapitalization attempt past Angela Merkel while blaming it on Brexit, and coupled with a bailout proposal to provide €150 billion in liquidity to insolvent […]
It’s Time to Rise Up Against the Ignorant Masses!
It’s Time to Rise Up Against the Ignorant Masses! And so it’s on… James Traub, at Foreign Policy.com, has called for the “elites to rise up against the ignorant masses.” In a spectacular display of the very ignorance against which he issues his call to arms, Traub shows how thoroughly infected the establishment is with their group-think. […]
Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits”
Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits” As we noted today, the rumors of an Italian bank bailout, which started on Monday morning, and were promptly shot down by Merkel the next day, got louder after a Reuters report that the Italian government is considering more creative ways to inject liquidity […]
European Union’s Imperial Overreach
European Union’s Imperial Overreach Exclusive: The European Union’s haughty and hasty expansion into low-wage Eastern Europe may be its undoing, as the Brexit vote shows popular resistance to the westward migration of workers that followed, writes Jonathan Marshall. While few analysts are putting it this way, the European Union suffers from a self-inflicted crisis of overexpansion […]
Brexit is Only the Latest Proof of the Insularity and Failure of Western Establishment Institutions
Brexit is Only the Latest Proof of the Insularity and Failure of Western Establishment Institutions THE DECISION BY UK VOTERS to leave the EU is such a glaring repudiation of the wisdom and relevance of elite political and media institutions that – for once – their failures have become a prominent part of the storyline. Media reaction to the Brexit vote falls […]
US imperialism the BREXIT culprit
US imperialism the BREXIT culprit How Western Military Interventions Shaped the Brexit Vote, TRNN, June 25, 2016. Michael Hudson argues that military interventions in the Middle East created refugee streams to Europe that were in turn used by the anti-immigrant right to stir up xenophobia GREGORY WILPERT, TRNN: Welcome to the Real News Network. I’m […]
BREXIT is Watershed for Europe
BREXIT is Watershed for Europe Merkel admitted that: “There’s no way around it: Today is a watershed for Europe and the European unity process.” Of course, people like Schulz are the entire problem. His arrogance ensures the demise of Europe. He had the audacity to to say that there is “no chain reaction” after BREXIT. Once a […]
Bravo Brexit!
Bravo Brexit! At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe campaign to halt and reverse the current sell-off, but it won’t be credible, sustainable or maybe even possible. The central bankers and their compatriots at the […]
The consequences of leaving the party
The consequences of leaving the party The collective decision of the British electorate is to reject the recommendation of its government, excepting those of its few dissenting ministers, that Britain should remain in Europe. It is a signal failure of government policy. Above all, it is a failure that undermines the state’s control over ordinary […]
Scotland Threatens To Veto Brexit
Scotland Threatens To Veto Brexit Yesterday we warned that the biggest threat to the UK political process in the aftermath of the Friday referendum is neither an arguably fake petition to hold another referendum (it won’t happen), nor the so-called buyer’s remorse on the side of “Leave” voters, especially with ComRes confirming a negligible 1% of those voters were […]
