This video from Ireland says about itself:
Socialist Party signage and participation visible in the largest demonstration in 30yrs, 100,000+ people marched through Dublin on Saturday to protest at government plans to institute a 3-10% increase in pension contributions in the face of a deepening recession and bailouts for the banks.
The government said the measures were necessary to show international investors that Ireland was tackling its finances. That kind of language is common to IMF recipient countries, “sorry population we have to cut social services and institute an undemocratic cut in order to show global capitalists that we support their ideologically driven models and will ensure them profits on their investments at the expense of the quality of life of our citizens.
Economic slump deepens in Japan as exports collapse: here.
USA: Flight 1549 pilot tells Congress: Airline employees “hit by an economic tsunami”: here.
Obama talks tough on global economic crisis: here.
The high doctrine of Economic Correctness of the Reagan-Bush-Clinton-Bush years is as bankrupt as Soviet Communism. It is all but officially dead. Why then are the president’s economic advisers paid to prop it up? Here.
USA: It’s Not Just EFCA: Banks Spend TARP Funds on Anti-Consumer Lobbying: here.
Australian banks dictate jobs axe at Pacific Brands: here.
Britain: WORKERS at the Financial Services Authority are set to share £21 million in bonuses this year despite the regulator admitting failures over the banking crisis, its chief executive revealed on Wednesday: here.