Dexia and bailing out the banks | by Michael Roberts

Dexia and bailing out the banks | by Michael Roberts

The large Belgian Bank, Dexia, went bust over last weekend.  It provides a lot of pointers about the role of banking and how it fits into this crisis.  Dexia was bailed out before at the height of the financial crisis in 2008.  Then the Belgian and French governments...

Gaddafi And Western Hypocrisy | by Reza Pankhurst

David Cameron’s statement regarding the killing of Moammar al-Gaddafi  will go down as another piece of brash hypocrisy, which would be breathtaking if it was not so expected from the British premier. He mentioned that he was “proud of the role that Britain has...