Accelerating Albania and North Macedonia Membership EU Tries to Save Face Amidst Coronavirus Debacle
By , March 26, 2020
The European Union’s decision to open negotiations with Northern Macedonia and Albania is a propaganda act from Brussels that attempts to reassure members of the Union that countries, even in the midst of the epidemic, want to become members of the organization. This is a cheap propaganda trick that attempts to restore confidence in the European Union at a time when it has completely failed to deal with the coronavirus pandemic that has shown weakness in the alliance.
A Brady Bond Solution for America’s Economic Crisis and Unpayable Corporate Debt
By , March 26, 2020
The Fed’s Quantitative Easing since 2008 plus large companies using their earnings for stock buybacks drove the prices of financial assets into a realm of unreality. The result was that markets already were teetering on the brink of fragility. Any rise of normal interest to more normal conditions, or any external shock, was bound to crash the artificial values at which financial markets were priced. The Fed’s policy was to perpetuate this situation for as long as possible by pumping in yet more credit. But at near-zero interest rates, there was little that could be done.
Our Leaders Are Terrified. Not of the Virus – of Us.
By , March 26, 2020
It emerged at the weekend that Dominic Cummings, the ideological powerhouse behind Britain’s buffoonish prime minister Boris Johnson, was pivotal in delaying the UK government’s response to the coronavirus – effectively driving Britain on to the Italian (bad) path of contagion rather than the South Korean (good) one.
US Senate’s Final Stimulus Bill – Why It Won’t be Enough
By , March 25, 2020
Middle class and worker households would get $500 billion in the form of direct checks ($250B) and increased unemployment insurance benefits for the next four months ($250B).
Corporations and businesses would thus get $867B–$367B of which would go to small businesses, and another $500B to large corporations like airlines, defense companies, cruise lines, hotels and other companies.
21 Years Since the Beginning of NATO Aggression against Yugoslavia
By , March 25, 2020
During NATO aggression lasting from 24 March through 10 June 1999, NATO missiles killed 1100 soldiers and police officers and more than 2500 civilians, including 89 children. With the exception of the military and police personnel, the accurate list of casualties has not been established as yet, despite a recent statement announcing that relevant efforts would be stepped up. There is even less certainty about how many citizens lost their lives in the meantime, either due to injuries sustained by wounding, or due to malignant diseases caused by the use of weaponry filled with depleted uranium and other banned weapons and ordnances, or during the course of demining of unexploded ordnances, especially the cluster bombs.
Venezuela’s Coronavirus Response Might Surprise You
By , March 25, 2020
Within a few hours of being launched, over 800 Venezuelans in the U.S. registered for an emergency flight from Miami to Caracas through a website run by the Venezuelan government. This flight, offered at no cost, was proposed by President Nicolás Maduro when he learned that 200 Venezuelans were stuck in the United States following his government’s decision to stop commercial flights as a preventative coronavirus measure. The promise of one flight expanded to two or more flights, as it became clear that many Venezuelans in the U.S. wanted to go back to Venezuela, yet the situation remains unresolved due to the U.S. ban on flights to and from the country.
How ‘Defense’ Contractors Lobbied for War in Yemen and Reaped the Profits from Death and Destruction
By , March 25, 2020
Lobbying firms like the McKeon Group, headed by lobbyist Buck McKeon (who was the former chairman of the House Armed Services Committee in the US Congress), represent both US defense contractors and countries such as Saudi Arabia and the UAE, who are ruthlessly bombing Yemen with US made weapons. Through lobbying firms like the McKeon Group and American Defense International, defense contractors such as Raytheon and Lockheed Martin spent millions to effectively pressure Congress members. Lobbying efforts focus on key members of committees, such as the aforementioned Armed Services Committee. This incentivizes Congress to approve legislation to sell arms to countries like Saudi Arabia and block any legislation that challenges the unethical arms sales.
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