Trump the Neocons

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“Trump Policy Will Unravel Traditional Neocons,” TRNN, July 23, 2016. SHARMINI PERIES, EXECUTIVE PRODUCER, TRNN: It's the Real News Network. I'm Sharmini Peries coming to you from Baltimore. On Friday, just after the Republican National Congress wrapped up with its presidential candidate, Donald Trump, Paul Krugman of the New York Times penned an article titled "Donald Trump: The Siberian Candidate." He said in it, if elected, would Donald Trump be Vladimir Putin's man in the White House? Krugman himself is worried as ludicrous and outrageous as the question sounds, the Trump campaign's recent behavior has quite a few foreign policy experts wondering, he says, just what kind of hold Mr. ...

US NATO pressures EU support

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“US-NATO Border Confrontation with Russia Risks Nuclear War and Loss of European Partner,” The Real News Network, July 17, 2017  Michael Hudson says that the US-led confrontational approach of NATO with Russia is driving European countries to consider disbanding or leaving the military alliance due to increased security risks JESSICA DESVARIEUX, TRNN: Welcome to the Real News Network. I'm Jessica Desvarieux in Washington. President Obama met with NATO leaders in Warsaw last weekend to what seemed like a restatement of vows to protect Europe. Let's take a listen to what the president had to say. BARACK OBAMA: In this challenging moment, I want to take this opportunity to state clearly what will never change. And that is the unwavering commitment of the United States ...

The Clinton Foundation?

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Clinton email and Foundation TRNN July 8 2016. “Is the Real Scandal the Clinton Foundation?,” TRNN, July 8, 2016. Michael Hudson says the media has failed to look beyond the emails and into potential conflicts of interest during Hillary Clinton's tenure as Secretary of State. PAUL JAY, TRNN: Welcome to the Real News Network. I'm Paul Jay. On Thursday morning, the media fest and political fest around Hillary Clinton's email scandal continued, as the head of the FBI, James Comey, spoke at a congressional House oversight committee. Here's a little clip of what was said there. But let me just foreshadow--maybe the emails aren't the real issue that should be in front ...

The Planned Obsolescence of Consumer Sovereignty

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An interview with Bonnie Faulkner's Guns n Butter show. This is Guns and Butter, April 5, 2016. Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy’s balance sheet of assets by debtors and rent payers. More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That’s what causes debt deflation and shrinks markets. If you pay the banks, you have less to spend on goods and services. I’m Bonnie Faulkner. Today on Guns and ...

US imperialism the BREXIT culprit

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How Western Military Interventions Shaped the Brexit Vote, TRNN, June 25, 2016. Michael Hudson argues that military interventions in the Middle East created refugee streams to Europe that were in turn used by the anti-immigrant right to stir up xenophobia GREGORY WILPERT, TRNN: Welcome to the Real News Network. I'm Gregory Wilpert, coming to you from Quito, Ecuador. Britain's referendum in favor of leaving, or exiting, the European Union, the Brexit referendum, as the results are known, won with 52 percent of the vote on Thursday, June 23, stunning Europe's political establishment. One of the issues that has raised concern for many is that what does the Brexit mean for Britain's and Europe's economy and politics. This was one of the main topics ...

EU Bankster Contagion

An interview with Chris Hedges on Truth Dig. Chris Hedges: 2008 All Over Again Summary: Great Britain’s decision to leave the EU presages a global financial meltdown that could resemble the 1930s. Banks will demand massive bailouts. We will be forced, if the banks are bailed out again, to endure harsher austerity and a prolonged depression. Great Britain’s decision to leave the European Union has wiped out many bankers and global speculators. They will turn, as they did in 2008, to governments to rescue them from default. Most governments, including ours, will probably comply. Will the American public passively permit another massive bailout of the banks? Will it accept more punishing programs of austerity to pay for this bailout? ...

Neoliberalism lowers life expectancy

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"Millions Around the World Fleeing from Neoliberal Policy", The Real News Network, June 6, 2016. Economist Michael Hudson says neoliberal policy will pressure U.S. citizens to emigrate, just as it caused millions to leave Russia, the Baltic States, and now Greece in search of a better life. https://www.youtube.com/watch?v=tfh6fk3XAQY A research team from Columbia University's Mailman School of Public Health in New York estimates 875,000 deaths in the United States in year 2000 could be attributed to social factors related to poverty and income inequality. According to U.S. government statistics, 2.45 million Americans died in the same year. When compared to the Columbia research team's finding, social deprivation could account for some 36% of the total deaths in 2000. "Almost all of the British ...

The Greek Surrender

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May 22, 2016 SHARMINI PERIES, TRNN: It's the Real News Network, I’m Sharmini Peries coming to you from Baltimore.  Greece's economic crisis has perhaps been eclipsed by Europe's refugee crisis, terrorist attacks, and by the forthcoming Brexit referendum. But it has not gone away.  Greece's Syriza coalition faced violence on the streets and a 3 day general strike last week that had brought much of the country to a halt. In spite of the protests the government of Alexis Tsipras pushed through legislation to amend the country's tax and pension system with the backing of 153 MPs, a measure required by the lenders in order to continue the debt negotiations. Addressing the 300 seat house, Prime Minister Alex Tsipras said we are ...