A large part of the €360 billion of toxic loans putrefying on the balance sheets of Italy’s banks should never have been created at all and were a result of the widespread culture of corruption, political kickbacks, and other forms of fraud and abuse infecting Italy’s banking sector.… Read More Lest We Forget, Italy's Banking Crisis is Also a Huge Crime Scene
How much money could be made to disappear in Italy’s bank bailout? It all began with an early morning police raid. On July 6, Slovenian Police, acting on an insider tip, stormed the headquarters of the country’s central bank, the Bank of Slovenia, and seized information stored on the bank’s internal network. It also raided the… Read More Is The ECB Out Of Control?
Western NGOs and GOs (Government Organizations) are working hand-in-hand with banks, telecom companies and local authorities to replace cash with mobile money alternatives.… Read More “First They Came for the Pennies…” in the War on Cash
No Trial, No Judge, No Jury… Read More Corporation vs. Nation: The Ultimate Showdown
Despite – or more likely because of – its symbolic importance, Uruguay’s historic decision has been met by a wall of silence. Beyond the country’s borders, mainstream media has refused to cover the story.… Read More Uruguay Does Unthinkable, Rejects Global Corporatocracy
Globalised tourism, now one of the world’s largest and most profitable industries, brings in fat, easy bucks. But it also redirects much-needed local investment from projects aimed at improving the quality of life for all residents to projects aimed exclusively at attracting and accomodating ever larger numbers of tourists.… Read More Bye, Bye Barcelona
Given Edward Snowden’s startling revelations of the scale and scope of NSA snooping on European citizens, companies and political leaders – much of it facilitated by its junior surveillance partner, the UK’s General Communications Headquarters (GCHQ) – the prospect of completely unhindered cross-border information and data flows should set off alarm bells across the old continent.… Read More LEAKED: Secret Negotiations to Let Big Brother Go Global
Quietly, subtly, almost imperceptibly, the rules governing global trade and financial markets are changing. It is not happening by accident, but by wilful design.… Read More The Global Corporatocracy Is Just A Pen Stroke Away From Completion
By far the EU’s greatest — and certainly most dangerous — structural flaw is its gaping democratic deficit. As is gradually dawning on more and more people across the old continent, the European Union is riddled with fatal flaws and defects. Chief among them is the single currency which, rather than serving as the Union’s… Read More Death By A Thousand Cuts: The Silent Assassination Of European Democracy
“The economy is there to serve the fundamental needs of society, which are prosperity, stability and contentment… If you have a situation whereby the economy grows but you create poverty and unemployment and you destabilise society, you’re in trouble.” The above quote comes from the most unlikely of sources: the late Sir James Goldsmith, one… Read More Sir James Goldsmith, An Unlikely Defender of the Common Man
