Tuesday, February 24, 2015

Today's Links

1--Revolt In Athens: Syriza Central Committee Member Says "Leadership Strategy Has Failed Miserably, zero hedge
Brilliant but wrong

2--Former Ukraine Deputy PM Says "Another Coup Can Not Be Ruled Out" Among Currency Implosion, Central Bank Charges, zero hedge

3--Missing from the Greek deal: figures, Paul Mason

As flagged before it looks like they will be allowed to carry out the humanitarian aspect of Syriza’s so-called Thessaloniki Programme – ie anti-poverty measures. This, plus one of the most aggressive anti-tax avoidance offensives ever planned in the western world, is the centrepiece of Varoufakis’ plan. -

Reversing privatisations, for example, was always going to be low on Syriza’s list; letting those underway go through sounds like a retreat. But privatising a port where workers have guaranteed union rights, moral support from the ruling party and where the government refuses to take kickbacks  from vested interests, is quite different from the old system. My hunch is that such privatisations that are underway will go very slowly.
On pensions, limiting the Greek tradition of early retirement is going to require a “guaranteed basic income” for the over 50s – a one line promise but radical no less.
Another promise – universal access to healthcare in a country where tens of thousands have lost it – would be a major reform. It would free up the labour market for young people because setting up as self-employed involves crippling self-insurance costs to keep access to healthcare.

4--Buy Moar Stawks: Fed Warns Equity Valuations "Appear Stretched", P/E Ratios Are "Somewhat Elevated", zero hedge

5--US arming Kiev would ‘explode’ situation in E. Ukraine – Russian Foreign Ministry, RT
More red lines

6--US slaughter in Afghanistan rages on, wsws

7--Stock markets rise after Greece signs new austerity agreement, wsws

Reuters reported Monday evening that a government official said Syriza’s list “will include reforms to fight tax evasion, corruption” and “measures to reform [the] public sector, [and] cut bureaucracy”. Also included are “reforms to regulate tax arrears and bad loans.”
Syriza uses these standard euphemisms (“reforming public sector, cut bureaucracy”) because, like the right-wing New Democracy government before it, it is a reactionary bourgeois party trying to cover up its plans to cut workers’ jobs and pay and increase productivity.

8--Subprime Pump-and-Dump Frenzy Heats Up , wolf street

9--Ready for Nuclear War over Ukraine?, SC

Not Since Adolf Hitler
No European government, since Adolf Hitler’s Germany, has seen fit to dispatch Nazi storm troopers to wage war on a domestic population, but the Kiev regime has and has done so knowingly. Yet, across the West’s media/political spectrum, there has been a studious effort to cover up this reality, even to the point of ignoring facts that have been well established.

The New York Times and the Washington Post have spearheaded this journalistic malfeasance by putting on blinders so as not to see Ukraine’s neo-Nazis, such as when describing the key role played by the Azov battalion in the war against ethnic Russians in the east....

refusal to include meaningful background about the Azov battalion, which is known for marching under Nazi banners, displaying the Swastika and painting SS symbols on its helmets.
.... Indeed, there’s a powerful irony in this portrayal of Nazis as the bulwark of Western civilization against the Russian hordes from the East. It was, after all, the Russians who broke the back of Nazism in World War II as Hitler sought to subjugate Europe and destroy Western civilization as we know it.
That the Nazis are now being depicted as defenders of Western ideals has to be the ultimate man-bites-dog story. But it goes essentially unreported in the New York Times and Washington Post as does the inconvenient presence of other Nazis holding prominent positions in the post-coup regime, including Andriy Parubiy, who was the military commander of the Maidan protests and served as the first national security chief of the Kiev regime.

10--This changes everything: U.S. Pushes For Escalation, Arms Kiev By Laundering Weapons Through Abu Dhabi, MoA

11-- Gas prices soar in Ukraine, sputnik

Starting April 1, gas prices in Ukraine will increase by four times, according to the country’s Minister of Energy and Coal Industry Volodymyr Demchyshyn, RT reports.

Currently, Ukrainians pay 1,089 hryvnia for one cubic meter of gas, but starting April 1, people will have to shell out 4,138 hryvnia for the same amount of gas

12--The housing recovery is faltering, CR

The housing recovery is faltering. While prices and sales of existing homes are close to normal, construction and new home sales remain weak. Before the current business cycle, any time housing starts were at their current level of about one million at annual rates, the economy was in a recession” says David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. “The softness in housing is despite favorable conditions elsewhere in the economy: strong job growth, a declining unemployment rate, continued low interest rates and positive consumer confidence.

No comments:

Post a Comment