fix articles 120140, by albrecht mueller Los Angeles Indymedia : tag : by albrecht mueller

by albrecht mueller

Ultimatums instead of Diplomacy (tags)

In what phase is NATO's confrontation with Russia? Contrary to a promise to Gorbachev, NATO expanded eastward from 16 to 28 states. A military system is built along the Russian border. Military maneuvers with 10,000 soldiers are staged at Russia's border.

The Fairy-tale of the End of the Financial Crisis (tags)

Between 2008 and 2010, the EU Commission approved state aid of 4.3 trillion euros. The potential crisis of the global economy has grown and not declined. A system crash was prevented by the actions of central banks and states.

Creation of Money (tags)

To give a credit to a customer, a bank doesn't need to take the savings of another cutomer from its vaults. It creates the money out of nothing. In a countermove, the bank must deposit money with the central bank. There is a debate whether the creation of money can be left to the banks.

Dominant Economy Pretends Its Breakdown Was Unforeseeable (tags)

The consensus of the past two decades on how the macro-economy functions is shattered. The breakdown of the dominant economy is a consequence of the financial crisis, the "great shock."

What is "Neoliberal"? (tags)

Building community centers could be a way to learn from O Canada and break from the false religion of the market and profit. When the market and competition are made absolute, they become idols. CEOs are called job creators and workers "cost-factors."

On the Anti-Democratic Character of Neoliberalism (tags)

Privatization, deregulation and cuts in social spending is the trinity of the free market, Naomi Klein explains. The consciou8s production of unemployment is anti-democratic. The conscious worsening of income- and assets distribution is anti-democratic.

Signs of Cultural Declineand Glimmers of Hope (tags)

Trust in the administration of justice disappears - obviously for good reason. The temporary success of a citizen rebellion against selling off the city of Leipzig is a glimmer of hope.

The Bubble as the Work of Criminals (tags)

A conscious and organized deceit, a criminal fraud, is perpetrated on investors when speculators create marketable securities out of bad mortgages on an overheated real estatemarket.

The Neoliberal Catechism (tags)

Turning away from the state causes old age poverty and endangers life and limb.. The consequences of privatization are faded out in the US and Germany.. Defining freedom as only entrepreneurial freedom and freedom of capital can be easily veiled.

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