Statements of the Green Shadow Cabinet

The ECB’s Noose Around Greece

Thursday, March 12, 2015

Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January 6th post here.) It seems the European Central Bank (headed by Mario Draghi, former managing director of Goldman Sachs International) has now made good on the threat.

Which Party Do You View Iran Through?

Thursday, March 12, 2015

Most people in the United States have little contact with Iran or its culture. Iran comes up as a scary threat in the speeches of demagogues. A range of debate is offered between obliterate it and pressure it into compliance with our civilized norms, or at least the civilized norms of some other country that doesn't obliterate or pressure people.

Stop The Fast Track To A Future Of Global Corporate Rule

Thursday, March 12, 2015

Several major international agreements are under negotiation which would greatly empower multinational corporations and the World Economic Forum is promoting a new model of global governance that creates a hybrid government-corporate structure. Humankind is proceeding on a path to global corporate rule where transnational corporations would not just influence public policy, they would write the policies and vote on them. The power of nation-states and people to determine their futures would be weakened in a system of corporate rule.

The Obama administration has been negotiating the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (TTIP) over the past five years is currently pushing Congress to pass trade promotion authority (known as fast track) which would allow him to sign these agreements before they go to Congress. Then Congress would have a limited time to read thousands of pages of technical legal language, debate the contents and be banned from making amendments.

Are Inter-Capitalist Rivalries Intensifying?

Thursday, March 12, 2015

Capitalism is by nature based on intense, and often destructive, competition.  Not only between capital and labor, but between capitalists themselves. But not all competition is the same. There is competition when the global economic pie is growing; and there is competition when it is stagnating or declining.  And in recent months signs are growing that new forms of more intense, aggressive inter-capitalist competition are emerging as the global economy continues to slow in general, and even stagnant and slide into recession in a growing number of countries.

The Politics of Suicide and Depression

Saturday, March 7, 2015

In November of 2014, the U.S. government's Substance Abuse and Mental Health Services Administration (SAMHSA) issued a press release titled "Nearly One in Five Adult Americans Experienced Mental Illness in 2013." This brief press release provides a snapshot of the number of Americans who are suicidal, depressed, and mentally ill, and it bemoans how many Americans are not in treatment.

Swimming With Sharks: Goldman Sachs, Schools and Capital Appreciation Bonds

Monday, February 23, 2015

Remember when Goldman Sachs—dubbed by Matt Taibbi the Vampire Squidsold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up? It seems that the ubiquitous investment bank has also put the squeeze on California and its school districts.

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