Once I asked whether he preferred enemies who hated him because they knew what he was doing or those who frothed and foamed out of ignorance. He laughed. The former was preferable, he explained, because they made him feel that he was on the right track. Hugo Chávez's...
referendum
G20 : the Symbol of a System Failure | by Eric Toussaint
The G20 is no more legitimate than its progenitor the G7 (Canada, France, Germany, Italy, Japan, UK and USA). It was launched by the industrialized countries three years ago when they were beginning to feel the effects of the biggest economic crisis since the 1930’s....
Greece: going under | by Michael Roberts
The Greek prime minister George Papandreou’s call for a referendum on the bailout package agreed with the EU leaders and the IMF sounds like a move towards democracy. The Greek people are apparently going to be asked whether they want to accept or reject massive cuts...
Would European capital sacrifice Greece to protect profits? | by Richard Seymour (“Lenin’s Tomb”)
Answer: what do you think they've been doing? On Monday, the Greek Prime Minister announced that his government would hold a referendum on the latest Euro austerity package. And look at the reaction to this ostensible democratic naivete. Stock markets slide...


