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The Liberal Store News blog
All the stories the corporate media might have 'forgotten' to tell you
Collapse of the euro is 'inevitable' - Dr. v. Kampen
The European single currency is facing an 'inevitable break-up' a leading French bank claimed yesterday.
Goldman Sachs: the Greek connection - Dr. v. Kampen
Greece won't default...
Dr. John and I are busy in commentsA Question of Cultural Failure
When I look at the biggest economic problems facing the world today, many of them stem from deeper cultural problems.Europe's Four Little PIGS: A Greek Tragedy
Just as the world seemed to be unshackling itself from the bonds of the Great Financial Crisis, the markets are now confronted with the potential for yet another one – this time Europe is ground zero. Specifically, it is a group of countries known as the PIGS (Portugal, Ireland, Greece and Spain).What Exactly Is the Real Level of Government Debt in Europe?
“If you don’t fully understand an instrument, don’t buy it.”
To the above advice from Emilio Botín, Executive Chairman of Spain’s Grupo Santander, I would simply add one small rider: Don’t sell it either, especially if you are a national government trying to structure your country’s debt.
Stop the Cybersecurity Act of 2009 (s773)
( The U.S. budget shortfall in one year exceeds Burma's 'default' in 32 years over 1000 times : an accumulated global indebtedness of 14 times the GDP. What money is it that the U.S. has to loan out in the first place ? The collectors might like to know. Burma/Myanmar ? It sounds more like a Preferred Risk ! )
Goldman Sachs: the Greek connection - Dr. v. Kampen
Greece won't default...
Dr. John and I are busy in comments
A Question of Cultural Failure
When I look at the biggest economic problems facing the world today, many of them stem from deeper cultural problems.
Europe's Four Little PIGS: A Greek Tragedy
Just as the world seemed to be unshackling itself from the bonds of the Great Financial Crisis, the markets are now confronted with the potential for yet another one – this time Europe is ground zero. Specifically, it is a group of countries known as the PIGS (Portugal, Ireland, Greece and Spain).
What Exactly Is the Real Level of Government Debt in Europe?
“If you don’t fully understand an instrument, don’t buy it.”
To the above advice from Emilio Botín, Executive Chairman of Spain’s Grupo Santander, I would simply add one small rider: Don’t sell it either, especially if you are a national government trying to structure your country’s debt.
To the above advice from Emilio Botín, Executive Chairman of Spain’s Grupo Santander, I would simply add one small rider: Don’t sell it either, especially if you are a national government trying to structure your country’s debt.
Stop the Cybersecurity Act of 2009 (s773)
( The U.S. budget shortfall in one year exceeds Burma's 'default' in 32 years over 1000 times : an accumulated global indebtedness of 14 times the GDP. What money is it that the U.S. has to loan out in the first place ? The collectors might like to know. Burma/Myanmar ? It sounds more like a Preferred Risk ! )
Olympic guard dogs sport Winnipeg-made armour
It is an unusual combination of optimism and realism that is driving development experts to try to shed the blemished history of international aid to Haiti, rid the issue of a generation of devastating politicisation, and think way outside the conventional development paradigm.
The fate of one particularly important project is emblematic of factors that have consistently and severely reduced the effectiveness – even the existence – of viable development projects.
Eric Michael Johnson of the Department of History at the University of British Columbia in Canada told IPS, "The U.S. role towards Haiti can best be understood as a kind of abusive paternalism, at times condescending and at others domineering depending on how fully Haitian governments obey the patriarch's dictates."
To illustrate his point, Johnson told IPS what happened after the first coup d'etat and reinstatement of President Jean-Bertrand Aristide in late 1994 to a term that ended in 1996. This was followed by five years of René Préval (who is president today).
In 2000, Aristide once again won overwhelmingly in the Haitian elections. Aristide's second election did not please the new U.S. president, George W. Bush.
Johnson then recounts how the Bush administration conspired to cut off funds already appropriated for a vital infrastructure and public health project.
An award of 146 million dollars from the Inter-American Development Bank (IDB) had already been approved, but at U.S. insistence was not being disbursed. Some 54 million dollars of this loan was intended for desperately needed water and sanitation projects.
"This decision likely resulted in the needless deaths of an untold number of poor Haitians," Johnson said.
The fate of one particularly important project is emblematic of factors that have consistently and severely reduced the effectiveness – even the existence – of viable development projects.
Eric Michael Johnson of the Department of History at the University of British Columbia in Canada told IPS, "The U.S. role towards Haiti can best be understood as a kind of abusive paternalism, at times condescending and at others domineering depending on how fully Haitian governments obey the patriarch's dictates."
To illustrate his point, Johnson told IPS what happened after the first coup d'etat and reinstatement of President Jean-Bertrand Aristide in late 1994 to a term that ended in 1996. This was followed by five years of René Préval (who is president today).
In 2000, Aristide once again won overwhelmingly in the Haitian elections. Aristide's second election did not please the new U.S. president, George W. Bush.
Johnson then recounts how the Bush administration conspired to cut off funds already appropriated for a vital infrastructure and public health project.
An award of 146 million dollars from the Inter-American Development Bank (IDB) had already been approved, but at U.S. insistence was not being disbursed. Some 54 million dollars of this loan was intended for desperately needed water and sanitation projects.
"This decision likely resulted in the needless deaths of an untold number of poor Haitians," Johnson said.
Obama's Secret Prisons in Afghanistan Endanger Us All
. The CIA and hired mercenaries are now operating on Obama's orders inside Pakistan, where they are sending unarmed drones to drop bombs and sending secret agents to snatch suspects. The casualties are overwhelmingly civilians. We may not have noticed, but the Muslim world has: check out Al Jazeera any night.
Obama ordered the closing of the CIA's secret prisons, but not those run by Joint Special Operations. They maintain a Bermuda Triangle of jails with the notorious Bagram Air Base at its centre. One of the few outsiders has been into this ex-Soviet air-hangar is the military prosecutor Stuart Couch. He says: "In my view, having visited Guantanamo several times, the Bagram facility made Guantanamo look like a nice hotel. The men did not appear to be able to move around at will, they mostly sat in rows on the floor. It smelled like the monkey house at the zoo."
Posts
This current crisis will be used not to break up the Eurozone, but to push even stronger centralization in the EU at the expense of the sovereignty of the individual European nations.