Mar 06 2013
ROUGH TRANSCRIPT:
HARTMANN: I want to really dig into modern monetary theory or money theory here. I’ve heard it referred to as both monetary and money theory. Are these two different things or is it two different ways to refer to the same thing?
WRAY: I think it’s two different ways of referring to the same thing with some of us using the word ‘monetary’ and some …
Mar 06 2013
Alleging unpaid wages and repeated retaliation, McDonalds workers in central Pennsylvania launched a surprise strike at 11 AM this morning. The strikers are student guest workers from Latin America and Asia, brought to the United States under the controversial J-1 cultural exchange visa program. Their employer is one of the thousands of McDonalds franchisees with whom the company contracts to run its ubiquitous stores.
“We are afraid,” striker Jorge Victor Rios told The Nation prior to …
Mar 06 2013
Bertrand Russell once wrote about the American revolutionary Thomas Paine, “He had faults, like other men; but it was for his virtues that he was hated and successfully calumniated.”
This was certainly true of Hugo Chavez Frias, who was probably more demonised than any democratically elected president in world history. But he was repeatedly re-elected by wide margins, and will be mourned not only by Venezuelans, but also by many Latin Americans who appreciate what …
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Mar 06 2013
I first met Hugo Chávez in New York City in September 2006, just after his infamous appearance on the floor of the UN General Assembly, where he called George W. Bush the devil. “Yesterday, the devil came here,” he said, “Right here. Right here. And it smells of sulfur still today, this table that I am now standing in front of.” He then made the sign of the cross, kissed his hand, winked at his …
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Mar 05 2013
Mexico City, Mar 4 (EFE).- President Enrique Peña Nieto has won the approval of the assembly of his governing Institutional Revolutionary Party, or PRI, to move forward with energy and tax reforms.
The PRI’s 21st National Assembly voted to remove the so-called “padlocks” that required legislators to reject the opening of state-owned oil giant Petroleos Mexicanos, or Pemex, to private investment and prevented them from allowing the value-added tax (VAT) to be imposed on food products …
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Mar 05 2013
Brazil is home to more McDonald’s than any other place in the Western Hemisphere, aside from the US. The federal police in Brazil recently announced that they have been investigating McDonald’s for the past several months over allegations that its workers have been laboring in “slave-like conditions.” The case was announced last week, in response to a 17-year-old girl’s complaint, filed in October, that she had worked at a São Paulo McDonald’s for eight …
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Mar 05 2013
Japan’s major supplier of nuclear power generating equipment, France’s Areva group, has announced Tokyo’s plans to restart six reactors by the end of 2013. The other reactors will be restarted later – except the Fukushima-type made in the US.
In addition to two reactors already put back into operation in Japan “there could be half a dozen reactors that will restart by the end of the year,” the Chief Executive Officer of the French state-owned nuclear …
Mar 05 2013
A new study by Canadian academics says Mother Teresa was a product of hype who housed the poor and sick in shoddy conditions, despite her access to a fortune.
The Times of India, reporting on the controversial essay, wrote that the authors asserted Mother Teresa saw beauty in the downtrodden’s suffering and was far more willing to pray for them than provide practical medical care. Meanwhile, researchers say, the Vatican engaged in a PR ploy as …
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Mar 05 2013
The daily newspaper owned by Rupert Murdoch, the Wall Street Journal, chose to take a hot-blooded authoritarian swipe at Pfc. Bradley Manning on Sunday.
In an editorial, the newspaper notes he pled guilty and made a statement in military court. It proceeds to assert:
Alienated by what he saw in Iraq, Private Manning told a military court that he leaked to “make the world a better place” and to “spark a domestic debate …
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Mar 05 2013
Ramallah: On the first day of their mission, two Israeli buses allocated to Palestinian labourers travelling between the West Bank and Israel were set alight in Kufr Qasem village of the 1948 areas. The action was to show rejection of the launch of Palestinian-only bus lines, which has been termed a racist move.
The Israeli Reshet Bet Radio reported on Tuesday that the Israeli Police ordered the bus companies which launched the new bus lines …
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Former Greek Finance Minister Yanis Varoufakis Is Coming To Los Angeles!
Come and hear Varoufakis speak in person on Saturday April 23rd in Pasadena, California, at his ONLY Los Angeles-area event!
WHEN: Saturday April 23rd, Reception at 12 noon, Event at 1 pm
WHERE: Neighborhood Unitarian Universalist Church, 301 N. Orange Grove Blvd, Pasadena, CA 91103
Yanis Varoufakis of the Syriza Party took the European political establishment by storm a year ago when he was appointed Finance Minister of Greece by Prime Minister Alexis Tsipras. Varoufakis is an ……
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