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national / anti-capitalism Friday November 26, 2010 - 15:37 by Anti EU/IMF Asset Stripping Citizen
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WATCH: only 2.36 minutes: http://www.xtranormal.com/watch/7806291/ After watching the humorous, but accurate little video, check out the nasty figures provided in this New York Times article: "Will Ireland Default? Ask Belgium", By SIMON JOHNSON: http://economix.blogs.nytimes.com/2010/11/25/will-irela...gium/ Extract: "But look at loans outstanding relative to the size of their domestic economies (using the data from the Bank for International Settlements on what it calls “ultimate risk basis”). German banks are owed $139 billion, which is 4.2 percent of German G.D.P. British banks are owed $131 billion, or about 5 percent of Great Britain’s G.D.P. French banks are owed $43.5 billion, which is approaching 2 percent of French G.D.P." ... read full story / add a comment
international / anti-capitalism Thursday November 25, 2010 - 21:51 by V. N. Ceremos
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The cryptome website carries some photos of student protests throughout Europe ... read full story / add a comment
international / rights, freedoms and repression Wednesday November 24, 2010 - 16:35 by j donaghue
Detective Chief Superintendent Adrian Tudway, who was recently appointed to coordinate the fight against domestic political extremism across the UK, astounded many commentators on the left when he stated last week that the Islamophobic English Defence League is not an extremist organization. ... read full story / add a comment
national / eu Wednesday November 24, 2010 - 15:18 by Various
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Today the government announced the details of the four year plan required as part of the ECB / IMF ‘bailout’ of the banks. There will be five billion worth of new taxes and 10 billion worth of cuts under this so called ‘National Recovery’ which in reality will take 10% out of GDP. As we show below almost all these costs are being dumped on workers, particularly low paid workers, the very sector that gained little or nothing during the boom years. the richest 1% are left with most of their legal tax dodges in particular the ability to avoid paying tax at all if they spend 6 months on holidays out of the country. ... read full story / add a comment |
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