EU Showdown: Greece Takes on the Vampire Squid

Greek Economic Crisis

*+-Ellen Brown: Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no more.”

Dr. King’s Stance Against the Death Penalty

mlk-family-wide

*+-David A. Love: Executions in the U.S. are part of a racially-coded system of retribution. Poor people and members of racial minorities are more likely to receive a death sentence, as are those who are charged with murdering a white victim.

Lost Decade?

blink-first-wide

*+-John Peeler: One of the most striking features of our current global economic morass is that many Third World economies are weathering the crisis rather well, while the supposed leaders of the world economy (the United States, the European Union, the Japanese) are in deep trouble that looks to get deeper.

Can Krugmanomics Be Saved?

krugman-2

*+-Steven Hill: So according to Krugmanomics, taking on too much debt is not the problem – it’s not being able to pay the debt that is the problem. And Krugman’s solution, apparently, is to be able to depreciate your currency and/or default on your debts, leaving the creditors holding the bag.

Economic Powerhouse Germany

germany

*+-Steven Hill: Germany has evolved a social capitalism which has proven to be more stable and efficient than America’s Wall Street capitalism, not to mention more ecologically sustainable.

From the Top of the Acropolis: How Greece’s Economy Imploded

Propylaea

*+-Steven Hill: When the true size of Greece’s deficit was revealed to the world, the bonds markets went berserk. The interest rates on Greece’s sovereign debt spiked to unheard of proportions, threatening the solvency of the government, and the rest is history.