THE NATION– When he was elected prime minister in 2009 at the head of Greece’s Panhellenic Socialist Movement (PaSoK), George Papandreou was going to wipe out corruption, open up politics, rejuvenate the country’s sclerotic economy. “There is money,” he said then, although he must have known there wasn’t any in the public coffers. Less than two years later, he has … Read More
TRUTHOUT– It’s not enough that Michigan’s Republican Gov. Rick Snyder took away basic democratic rights of cities and towns by imposing a “financial martial law” that can virtually abolish a local government in favor of an unelected Snyder appointee. Now, extremists in the state are pushing for passage of a so-called right to work law that would limit the ability … Read More
ALMASRYALYOUM– The government has declined a loan from the World Bank because it found the terms of the loan incompatible with the national interest, Egyptian Minister of Planning and International Cooperation Fayza Abul Naga said on Monday. The minister added that the government would not accept conditions dictated by the World Bank or the International Monetary Fund, especially since the … Read More
THE ATLANTIC WIRE– We were joking when we wrote that McDonalds was singlehandedly reviving the U.S. economy by hiring 62,000 employees in a single day in April. At the time, it didn’t feel like the recovery hinged on the creation of low-paying, temporary McJobs. Well, on the heels of today’s pessimistic report saying that just 54,000 jobs were added in … Read More
RT– The Bilderberg Group, an invitation-only meeting of the world’s most powerful people, is taking place in Switzerland. Just what the political insiders, media moguls and industry magnates will actually discuss, remains top secret. This year the Bilderberg Group has occupied the grand Suvretta House Hotel among the magnificent hills and lakes of St. Moritz resort, Switzerland. The world’s most … Read More
