Daily Archives: July 6, 2015


Thomas Piketty Explains Why the Germans Are Being Massive Hypocrites About Greece’s Debt

Slate has an article quoting from a translation of a German magazine article. Thomas Piketty Explains Why the Germans Are Being Massive Hypocrites About Greece’s Debt.

Piketty: When I hear the Germans say that they maintain a very moral stance about debt and strongly believe that debts must be repaid, then I think: what a huge joke! Germany is the country that has never repaid its debts. It has no standing to lecture other nations.

If they can publish this in Germany, why can’t our lame stream media pick this up and give it the same amount of play they are giving to their false stories about this? What a silly question.

Thanks to Margaret Darling for posting this on Facebook.


Greece Proves Again Why Democracy is the Criminal Classes’ Great Fear

New Economic Perspectives has the article Greece Proves Again Why Democracy is the Criminal Classes’ Great Fear by William Black.

So, the new Greek government was right on both of its key policies – as even the troika’s historic “deficit hawk” (the IMF) now admits it has known for years. That means that the troika has knowingly insisted on economically illiterate and self-destructive policies and caused immense human misery for no (desirable) reason. What is going on? The answer is the troika’s oxymoronic definition of “reforms.” When the troika uses the word the “reforms” it means three anti-reforms – reduced wages and rights for workers, destroying the safety net, and selling public assets to private buyers. The troika is deliberately, with the aid of the major media, generating a “race to the bottom” throughout the EU. The New York Times provided a reprehensible example of how the media aids and abets this assault on workers and those who need the safety net in a June 29, 2015 article entitled “Greece’s Troubles Attract Little Sympathy From Poorer Neighbors.”

“We are much poorer than the Greeks, but we have performed reforms,” Rosen Plevneliev, the president of Bulgaria, a northern neighbor of Greece, said in an interview.

While the media cannot refer to Greece’s government without the label “left-wing,” an ultra-right wing politician and vitriolic opponent of the Greek government is simply referred to as “the president of Bulgaria.” (The NYT article above promptly referred to “The left-leaning Syriza Party.”) Given Plevneliev’s anti-worker ideology, he was delighted to inflict “reforms” harming labor. His fear is that Greece will not be destroyed by the troika and that Bulgarian labor will rise up in political opposition to his party. He is, of course, a virulent opponent of the Greek government.

More signs the revolution is coming.


Bernie Sanders Speaks With Katie Couric – Full Interview

Yahoo News podcast this – Bernie Sanders Speaks With Katie Couric – Full Interview. The previous link will take you to YouTube where you will find a list of the topics covered, and links directly into the segment where the issue is discussed.

This is a great interview in large part because Bernie Sanders knows how to handle questions. Katie Couric deserves a lot of credit, but she did have her moments when she kept pursuing an issue in a way that was meant to get Bernie Sanders to do negative campaigning. He steadfastly refused to take the bait, but he explained why he wouldn’t, and he did it in a way that was not offensive to Katie Couric.


This is an interview that you will want to keep track of because you may want to refer others to it. You can use a browser bookmark or some other means to avoid losing the link to this interview.