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
On May 6, 2008, twelve fraudulent voters, dressed as nuns, attempted to cast ballots in the Presidential Primary in Indiana.
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
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 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
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.
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
Confronting the Globalcrat
This article appears in the December 21 edition of The Nation
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.
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.
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.
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.
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
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
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
The Globalizer Who Came In
From the Cold
Today’s Winner of the Nobel Prize in Economics
Greg Palast at the IMF Ministerial in Washington ...more
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 expoÃ©s, known for stripping bare abuses of power. ...more
It would give me great pleasure to report, as did the New York Times earlier this month, that Bill Clinton has saved Africa. ...more