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How the Red Cross Raised Half a Billion Dollars for Haiti ­and Built Six Homes

Pro Publica In late 2011, the Red Cross launched a multimillion-dollar project to transform the desperately poor area, which was hit hard by the earthquake that struck Haiti the year before. The main...

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EU Infrastructure Undermines Sovereignty

Michael Hudson ICH The major financial problem tearing economies apart over the past century has lain more with official inter-governmental debt than with private-sector debt. That is why the global...

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A Socialist Surge in the U.S.? Bernie Sanders Draws Record Crowds, Praises...

Democracy Now! The Greek election has also factored into the U.S. presidential race. On Monday, Democratic presidential candidate Sen. Bernie Sanders said, “I applaud the people of Greece for saying...

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We Are All Greeks Now

Chris Hedges Truthdig The poor and the working class in the United States know what it is to be Greek. They know underemployment and unemployment. They know life without a pension. They know existence...

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The Problem of Greece Is Not Only a Tragedy – It Is a Lie

John Pilger Truthout An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has willfully ignored last week’s landslide “No” vote and...

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Whitewashing the IMF’s Destructive Role in Greece

Michael Hudson Counterpunch This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from...

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Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts —...

By Pam Martens: August 31, 2015  wallstreetonparade.com The riveting writer, Michael Hudson, has read our collective minds and the simmering anger in our hearts. Millions of American have long...

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Just 158 families have provided nearly half of the early money for efforts to...

NYTimes They are overwhelmingly white, rich, older and male, in a nation that is being remade by the young, by women, and by black and brown voters. Across a sprawling country, they reside in an...

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Debt Serfdom in America – Part 1

Huffington Post As of October 2015, American consumers owe $8.17 trillion in mortgages, $900 billion in credit cards, and $1.19 trillion in student loans. Home mortgages, credit cards, and student...

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Bank Crimes Pay

Andrew Gavin Marshall Counterpunch On Nov. 13, the United Kingdom’s Serious Fraud Office (SFO) announced it was charging 10 individual bankers, working for two separate banks, Deutsche Bank and...

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