‘Finance as a ‘new’ means of war’, ‘rollback to neofeudalism’, and
“The IMF is preparing to bail out Ukraine, to say you don’t have to pay your debts that you owe to Russia or any governments that the U.S. doesn’t like. You have to sell off your land to George [Sherouse] and the people who the U.S. government does like. Look at the duel standard that the IMF is imposing on Greece compared to what it’s doing for the Ukrainian government. You see that the IMF has become a tool of the New Cold War and the Syriza people and the Greeks can do is point out how unfair this is and to try to let the world know that what is happening is a movement way to the right wing of the political spectrum and that finance is war.”
I’d say ‘IMF as a tool of NATO’, but small difference, really.
After taking several pages of notes on the Azov Batallions, Right Sector, and other assorted thugs, they didn’t stage large protests against the Chocolate King last night, demanding he back out of the Minsk II agreements. With my limited time, it seemed better to go with this for now. From my readings, including in the relevant ‘Offishull’s’ Twittersphere, what the IMF and EU are ‘contributing’ to Ukraine is worse than Hudson’s take.
And with all due respect to him and many of the commenters below the transcript: Pfffft on ‘the occasional Marxist’ comrade of hedge-funders Varoufakis. Yannis Retweeted:
In a queue under the Tweet: ‘Why the EU is a negation of parliamentary sovereignty and democracy’; morningstaronline:
“THE EU and its forerunners (the European Coal and Steel Community and the European Economic Community) were designed to rebuild the big capitalist corporations in Western Europe after WWII, behind a tariff wall and with no internal barriers to trade and takeovers.
The Treaty on the Functioning of the European Union (TFEU) insists upon a single internal market with the “free movement of goods, persons, services and capital” (Article 26) — the cornerstone of the original Treaty of Rome (1957) establishing the EEC.”, and so on.
‘Syriza government pushes through new austerity package in Greece’ by Katerina Selin, 23 May 2016, wsws.org, including this:
“In addition, the government intends to adopt a package of measures that will take effect automatically if budget targets are not met. This “mechanism for budget adjustments,” known in Greece as “Koftis”, would then impose further austerity measures on the country. Although some areas are excluded, wages and pensions, for example, are not.
The cuts mechanism is based on a law derived from the EU stability mechanism, which Syriza had rejected in 2012 and termed unconstitutional because it subordinated “the country to the desperate plan of a German neo-liberal Europe”, as Syriza parliamentary Deputy Dimitris Papadimoulis said at the time in the European Parliament.”