The cradle of democracy held an election Sunday. The people lost, and the banks won, so much for democracy. Even the corporate media here in the US while hailing this as a great victory, admitted it didn’t fix any of Greece’s underlying economic problems. Spain which in terms of unemployment and deflation of asset values is in even worse shape than Greece, had its bond rates jump sharply. What is the Spanish word for Armageddon?
Another big winner in the Greek elections was the Nazi party, not people we would call Nazis, but people who are proud to call themselves Nazis. Physical attacks against women and Communist party members seem to be the trademark of this ghost of Hitler’s past.
Not mentioned in the corporate media were the elections in France where Socialists swept to control of both legislative bodies. They recently took the Presidency and now control the 2nd largest country in Europe. Their agenda: undo all of the measures of austerity that have been killing the economy, among other things they will raise the minimum wage. US Rep Jesse Jackson is introducing a bill in Congress to raise the minimum wage here to $10/hour. This is only $3/hour less than it was in 1938 (adjusted for inflation) when in the midst of the last Republican Great Depression it was set at 25 cents/hour. Your didn’t hear about that on the Corporate media either.
Banking god Jamie Diamon appeared before Congress last week to explain how it was okay for a government insured bank to lose $5 billion dollars betting against the Euro. Actually they don’t even admit any of those things, and it could really be much worse. Republicans lined up to kiss his ring like a bunch of pedophile priests seeking a cover-up (I mean absolution) from the Pope. Pope Diamon might not save their souls, but he’s their biggest campaign donor, and their best hope for a multi-million dollar retirement package.
Obama hit Mitt hard with a change in policy covering young un-documented immigrants. It took the wind out of a proposed Rubio VP bid based on a Romney version of the “Dream Act”. Romney is on tape promising to veto the Dream Act that Democrats have been trying to pass for more than a decade. The Republicans are screaming about Obama’s unconstitutional executive order. It’s none of those things of course, the executive branch has wide authority to decide who gets to stay in the country based on the expected benefit to the nation.
The only people eligible for this program are either working on a four year college degree (without government aid), or who are honorably discharged from the military. Far better potential citizens than the trailer trash that vote Republican. This is of course Obama making another decisive chess move while Romney continues to toss nickels against the curb.
Have you noticed the Republican prediction of $8/gallon gas by mid June is not getting much attention these days. Maybe because gas is under $3 in many states and falling. The commercials about Obama destroying the economy by not approving the Keystone pipeline just don’t seem to have that punch anymore.
On this day in history the United States declared war on the British Empire. Supposedly is was over the bullying of American ships at sea that the British boarded at will, but Congress had done nothing about this for years. It had everything to do with rightwing dreams of conquering Canada while Britain was busy losing the Napoleonic Wars. That didn’t exactly work out. The US might still have gotten away with it except that State Militias refused to cross the border into Canada. The only actual American victory was engineered by Liberal icon Andrew Jackson in the Battle of New Orleans, two weeks after a peace treaty was signed. We got an national anthem, and a cute country western song by Johnny Horton out of it. We didn’t really learn much otherwise. www.prairie2.com