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Vojko Volk – The Failure — and Future — of Democracy In Europe

There’s at least one reason we should be grateful to the Greek people for exposing the European Union’s democratic dysfunction this summer: Their recent referendum showed that majority rule is impossible in a multinational union. Creating the illusion of democratic decisions within the EU, even when there is no clear will among the member states, has returned like a boomerang …

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Sarah Lazare – New report commissioned by bondholders and hedge fund managers calls for sweeping austerity measures

Hedge fund managers and bondholders are pressing the government of Puerto Rico to drive through a series of punishing austerity measures, including dramatic cuts to public education and workers’ rights protections, to “solve” the crisis of debt and poverty gripping the Caribbean island. A group representing $5.2 billion of debt held by 38 investment managers paid three former economists for …

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Ernst Wolff – Tsipras and Varoufakis Approve of Home Evictions and Expropriation of Depositors

After being elected in January, Prime Minister Tsipras and his Finance Minister Varoufakis negotiated with the EU commission, the ECB and the IMF for almost five months. While fulfilling almost all of their financial demands, Syriza’s leaders openly criticized the “institutions” for their tough bargaining and resisted some of their harshest measures. At the beginning of July, the Troika tightened …

So you say you don’t want a revolution? – Dmitry Orlov

Over the past few months we have been forced to bear witness to a humiliating farce unfolding in Europe. Greece, which was first accepted into the European Monetary Union under false pretenses, then saddled with excessive levels of debt, then crippled through the imposition of austerity, finally did something: the Greeks elected a government that promised to shake things up. …

Greece debt crisis news: Alexis Tsipras shows his Machiavellian streak in a purge of Syriza rebels – Michael Day

Greece’s Prime Minister Alexis Tsipras has shown no mercy in axing left-wing cabinet colleagues in order to implement the austerity measures that saw a quarter of his MPs desert him and violence flare in the streets of Athens. Only by silencing his critics can he hope to introduce the tax hikes, labour reforms and privatisations which were ordered by the …

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Black Agenda Radio – 07.13.15

Austerity Rendering Detroit Unfit for Habitation

A serious fire raged out control due to chronic low water pressure in Detroit, despite the majority Black city’s location in one of the world’s major fresh water regions. “The whole process of so-called rebuilding of Detroit has not been clearly thought out,” said Abayomi Azikiwe, veteran activist and editor of the Pan African News Wire. “How can you rebuild a city when you don’t have fundamental infrastructure, such as fire services, public safety, education, emergency services, simple things like being able to go to a supermarket?” The economic elite are “doing everything possible to drive out the African American population,” he said, but poor infrastructure discourages white resettlement. “What you have is the anarchy of capitalism.”

Big Business Tries to Roll Back Socialist Alternative in Seattle

Corporate contributions are pouring into Seattle Urban League chief Pamela Banks’ campaign to unseat Kshama Sawant, the Socialist Alternative councilwoman who championed the city’s $15 an hour minimum wage law. “It’s not so much about my opponent’s qualities,” said Sawant, “It’s because corporations, billionaires, the people who have an incentive to uphold the status quo, recognize that if we win re-election this year, then it really confirms to working people in Seattle and everywhere that we can prevail against the full might of big business and the political establishment.”

Mumia: “Flags and Rags”

The heritage of the Confederate battle flag is “one of terror and violence in support of a system of organized theft of Black labor, in the name of white supremacy and Black subjugation,” said Mumia Abu Jamal, the nation’s best known political prisoner, in a report for Prison Radio. “Dylan ‘Dumb and Dumber’ Roof knew, instinctively, what the flag stood for.”

Justices OK Painful Death Drug

The U.S. Supreme Court ended its term by allowing states to continue lethal injections with a cocktail that can cause horrific pain for condemned persons. “Prisoners remain less than human” in the High Court’s eyes, said Kenneth A. Hartman, a writer and prison activist serving life in California. “How else can a decision that allows for deliberate torture be explained?”

Fear of Blacks Triggered 1776 War of Independence

White settlers turned against the their mother country partly in fear that the British Crown would put guns in the hands of Blacks, according to Dr. Gerald Horne, chairman of history and African American Studies at the University of Houston and author of more than 30 books, including The Counter-Revolution of 1776: Slave Resistance and the Origins of the United States of America. In 1775, the British colonial governor of Virginia established an “Ethiopian Regiment” to counter rebellious white settlers. “One of the factors that caused formerly patriotic British subjects to revolt against British rule was this ‘Black scare’ that, I argue, led to the formation of the United States of America,” said Dr. Horne, in a lecture at the University of California at Santa Barbara.

Austrians Sign Petition to Leave European Union – Joshua Krause

With the financial crisis in Greece reaching a fevered pitch, many have wondered what might happen to the European Union if their most debt riddled member jumps ship. Will it cause a domino effect of defaulting nations, equally interested in leaving this unnatural union? It’s hard to say how it all might pan out, but it’s important to note that …

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Rumbles of military coup as Greek workers demand end to EU austerity – Alex Lantier

Hours before anti-austerity demonstrators flooded the streets of central Athens on Friday, a number of retired Greek military officers publicly called for a “yes” vote in Sunday’s referendum on the European Union’s demands, defying Prime Minister Alexis Tsipras’s call for a “no” vote. The contrast between masses of workers denouncing EU austerity and the pronouncements of prominent military figures could …

Defying Troika, Greece Chooses ‘Democracy Over Fear’ With ‘No’ Vote on Austerity by Deirdre Fulton

News outlets are officially reporting that the ‘No’ side has won a decisive victory in Greece, rejecting a bailout offer from foreign creditors that would have imposed further austerity and economic hardship. Reuters reports that government officials “immediately said they would try to restart talks with European partners,” perhaps as soon as Sunday night. 25% of votes in, #oxi leading by 60%. Estimates that this will …