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EU Preps for War Against the Internet: Decides to Lose Again

Well, this is interesting, although not very surprising, really. Does anybody really think that Europe (especially Germany and France) can compete with the US on a level playing field? No, me neither. The UK, maybe, but nobody else has a chance, and if good sense ever breaks out in the ruling clique in Britain (or […]

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Conflicts of Interest in Europe’s Greek-Austerity Impasse

At the conclusion of the European Council session in March 2015, all 19 of the state governors in attendance still wanted the state of Greece to remain with the euro. As for whether Greece should continue its austerity program and reform its economy as per the ongoing agreement on continued bailout funds, the tally was 18 to 1. Although both federal and state officials in the E.U. overwhelming believed that the austerity program had been behind the growth in the Greek economy in 2014, the Greek finance minister and most Keynesian economists disagreed, pointing to the fact that the state had lost a quarter of its GDP under the austerity. Besides this honest difference of opinion on the effectiveness of the strategy, conflicts-of-interest compromise the “club of 18” and thus its position.


Continue reading Conflicts of Interest in Europe’s Greek-Austerity Impasse

Conflicts of Interest in Europe’s Greek-Austerity Impasse

At the conclusion of the European Council session in March 2015, all 19 of the state governors in attendance still wanted the state of Greece to remain with the euro. As for whether Greece should continue its austerity program and reform its economy as per the ongoing agreement on continued bailout funds, the tally was 18 to 1. Although both federal and state officials in the E.U. overwhelming believed that the austerity program had been behind the growth in the Greek economy in 2014, the Greek finance minister and most Keynesian economists disagreed, pointing to the fact that the state had lost a quarter of its GDP under the austerity. Besides this honest difference of opinion on the effectiveness of the strategy, conflicts-of-interest compromise the “club of 18” and thus its position.


Continue reading Conflicts of Interest in Europe’s Greek-Austerity Impasse

Syriza Party Governing in Greece: Austerity and the E.U.

Clarion calls of confrontation roiled through the E.U. after the state election in Greece on January 25, 2015. Would the E.U., heavily dominated by its largest state, and the European Central Bank (ECB) accept a larger public deficit (i.e., more government spending to alleviate the austerity) and continue the cheap loans, or would Alexis Tsipras, the new Greek prime minister, have to choose between continued austerity and default? 


The full essay is at “Governing in Greece.”

Continue reading Syriza Party Governing in Greece: Austerity and the E.U.

Syriza Party Governing in Greece: Austerity and the E.U.

Clarion calls of confrontation roiled through the E.U. after the state election in Greece on January 25, 2015. Would the E.U., heavily dominated by its largest state, and the European Central Bank (ECB) accept a larger public deficit (i.e., more government spending to alleviate the austerity) and continue the cheap loans, or would Alexis Tsipras, the new Greek prime minister, have to choose between continued austerity and default? 


The full essay is at “Governing in Greece.”

Continue reading Syriza Party Governing in Greece: Austerity and the E.U.

Syriza Wins! Now What?

Nothing Says ‘Super Bowl’ Party Like Barack Obama Toilet Paper!!Or, if that doesn’t HIT the spot, might I suggest The Obama Punching Bag instead?The results are in and Syriza has won the Greece elections.What will this mean for that country, the eurozo…

Continue reading Syriza Wins! Now What?