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Greece On Fire: The EU’s Economic Dresden

Greg Palast 

The fires in Greece are an EU/euro Dresden: a direct result of requiring the Greek government to end its brush-clearing program and slash government employment and infrastructure. The EU always puts banks ...more

Naughty Nuns, Bad Bankers
and Ballot Bandits

Greg Palast 

For Truthout

On May 6, 2008, twelve fraudulent voters, dressed as nuns, attempted to cast ballots in the Presidential Primary in Indiana.

Luckily, ten of them were caught, stopped cold by Indiana’s new voter photo ID law.  The law had been found to be constitutional by Federal Judge Richard Posner of the 7th Circuit Court of Appeals.

It turns out the nuns that Posner’s ruling turned away were, in fact nuns.  All the sisters had photo drivers licenses, but they had expired (the licenses, not the nuns).  The Sisters of the Holy Cross, had, mercifully, given up driving (they were pushing 90 years of age.)

It was a cute story that ran nationwide.  What wasn’t so cute, and ran nowhere in the US press, was that 72,000 Black voterswere blocked at the polls by this Posner-blessed photo ID law.

It was Posner’s decision that first allowed …more

Larry Summers
and the Secret “End-Game” Memo

Greg Palast 

For Vice Magazine

When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it.

The Memo confirmed every conspiracy freak’s fantasy:  that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet.  When you see 26.3% unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears.

The Treasury official playing the bankers’ secret End Game was Larry Summers.  Today, Summers is Barack Obama’s leading choice for Chairman of the US Federal Reserve, the world’s central bank.  If the confidential memo is authentic, then Summers shouldn’t …more

Chapter One of Vultures’ Picnic —
Read it Now

Greg Palast 

 

After some tense discussion (Penguin was partly owned by Gaddafi, so you can imagine…), my publisher has given me the unusual right to give all my readers, for no charge, the entire first chapter of my new book Vultures’ Picnic.
Even if you don’t get the book, I really want you to read the first chapter.

Read it or Download it.

Never before, in my decades as an investigator, have I taken you with me undercover, on the hunt into the lives, secret files, shopping bags and back rooms of the cruel and whacky One Percent.  And, for the first time, I’ve decided to let you in on Greg Palast, to open up my life and the inside of my operation, without censorship or BS.

In Chapter One, you will first encounter …more

Greg Palast 

Confronting the Globalcrat

This article appears in the December 21 edition of The Nation

Geneva

You could call him the Generalissimo of Globalization. The World Trade Organization’s director general, Pascal Lamy, was a bit defensive, wanting to assure us that the WTO “wasn’t created as a dark club of multinationals secretly cooking plots against the people. We do things in the open. Look at our website.”

It’s been a year since globalized finance brought the planet to its knees, yet here in Geneva, where in late November the WTO opened its grand “seventh ministerial,” the diplomats are in denial. One confidential document from the files of WTO members–definitely not on the WTO website–tells us that despite financial and environmental crises, the globalizers still want to party like it’s 1999.
…more

World Trade Organization Risks Financial ‘China Syndrome’

Greg Palast 

On 10th Anniversary of the Battle in Seattle
Bankers’ scheme to re-open finance casino worldwide.

 

GENEVA  — Apparently, one meltdown isn’t enough for the World Trade Organization. They meet today in Geneva on the tenth anniversary of the “Battle in Seattle,” when tens of thousands of people from around the world protested the organization’s practices.

A special investigation for Air America’s Ring of Fire. Listen to the report here or watch the 9-minute film here.
…more

Palast busts the WTO

Greg Palast 

From Geneva, a special investigative Report for Air America Radio’s Ring of Fire on the 10th Anniversary of the Battle in Seattle.

Listen here

Time to Change Bernanke’s Medication?
Secret White House letter to G-20

Greg Palast 

For The Huffington Post

I still get a thrill whenever I get my hands on a confidential memo with “The White House, Washington” appearing on the letterhead. Even when – like the one I’m looking at now – it’s about a snoozy topic: This week’s G-20 summit.

european council responseBut the letter’s content shook me awake, and may keep me up the rest of the night.

The 6-page letter from the White House, dated September 3, was sent to the 20 heads of state that will meet this Thursday in Pittsburgh. After some initial diplo-blather, our President’s “sherpa” for the summit, Michael Froman, does a little victory dance, announcing that the recession has been defeated. “Global equity markets have risen 35 percent since the end of March,” writes Froman. In other words, the stock market is up and all’s well.
…more

China Floats, America Sinks
Yuan Kicks Dollar Butt by Rejecting “Free Market”

Greg Palast 

In case you haven’t the least idea what the heck it means for China to “float” its currency, let me put it in the language we economists use: China’s float don’t mean squat.

Yet our President, a guy whose marks in Economics 101 are too embarrassing to publish here, ran out to hail the fact that buying Chinese money will now cost more dollars. …more

French Fried Friedman
The Nouvelle Globalizer

Greg Palast 

Thomas Friedman earns plaudits and Pulitzers for his column which today announces that East Indians are taking jobs the French are too lazy to do ["A Race to the Top," New York Times, June 3]. His fit of racial profiling was motivated by his pique over France's rejection of the globalizers' charter for corporate dominance known as the European Constitution. ...more

The WTO’s Hidden Agenda

Greg Palast 

Three confidential documents from inside the World Trade Organization Secretariat and a group of captains of London finance, who call themselves the "British Invisibles," reveal the extraordinary secret entanglement of industry with government in designing European and American proposals for radical pro-business changes in WTO rules. ...more

Gregory Palast ”“ International Investigative Reporter

Sandeep Kaushik 

Gregory Palast is almost certainly the greatest investigative journalist you've never heard of. An award-winning reporter in Britain, where he writes for The Guardian and The Sunday Observer, as well as hosts the BBC's 60 Minutes-esque Newsnight, Palast abandoned his native America when the mainstream press declined to publish his groundbreaking, hard-hitting expoés, known for stripping bare abuses of power. ...more