France: Is Sarkozy’s Waterloo Just Delayed?
Today, hundreds of thousands of demonstrators turned out in French’s streets to protest, yet again, the already approved, by the French Senate, Sarkozy administration pension plan reform. Once in effect, the new law will raise the retirement age from 60 to 62. According to both sides( the government and the unions), the overall number of […]
Reactions To Austerity: Passivity In The UK, Strikes And Riots In France
France and Britain are not separated by much geographically, but politically the reactions of British and French people are a study in contrast. Today, the British government of David Cameron announced the most drastic budget cuts in decades. Meanwhile, in France the popular protests over a much more timid plan to raise the retirement age […]
EU: Is A New Revolution Brewing In France?
Tuesday, across France, more than one million strikers, both from the private and public sector, demonstrated in protest over retirement and pension reforms. This estimation of one million people who took to the street today is according to the French police, while the union organizers of the nationwide protest estimated that the number of demonstrators […]
United States: From Democracy To Oligarchy And Plutocracy
Election 2010: The Best Congress Money Can Buy According to opensecrets.org, there are 130 foreign companies that sponsor PACs ( Political Action Committees) using their US-based subsidiaries to finance countless campaigns in the 2010 election cycle. Together, they have donated more than $12.6 million (and still counting) to political campaigns through various PACs. The electoral […]
Shock Capitalism: The Swindlers Of 2008 Are Now Betting On World Hunger
In his new book, “The Great American Stick Up”, journalist Robert Scheer makes one of the most lucid and accurate analysis of the 2008 global financial meltdown or what we call here the strategy of shock capitalism. Scheer connects the dots and exposes “How Reagan Republicans and Clinton Democrats enriched Wall Street while mugging Main […]
