<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>www.reinform.info &#187; Multinationals</title>
	<atom:link href="http://www.reinform.info/?feed=rss2&#038;tag=multinationals" rel="self" type="application/rss+xml" />
	<link>http://www.reinform.info</link>
	<description></description>
	<lastBuildDate>Sun, 05 Apr 2020 18:11:08 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.5</generator>
		<item>
		<title>Chomsky: How America&#8217;s Great University System Is Getting Destroyed</title>
		<link>http://www.reinform.info/?p=7265</link>
		<comments>http://www.reinform.info/?p=7265#comments</comments>
		<pubDate>Tue, 04 Mar 2014 08:00:39 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Society]]></category>
		<category><![CDATA[Chomsky]]></category>
		<category><![CDATA[corporations]]></category>
		<category><![CDATA[corporatism]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[privatizations]]></category>
		<category><![CDATA[universities]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=7265</guid>
		<description><![CDATA[The following is an edited transcript of remarks given by Noam Chomsky via Skype on 4 February 2014 to a gathering of members and allies of the Adjunct Faculty Association of the United Steelworkers [3] in Pittsburgh, PA. The transcript was prepared by Robin J. Sowards and edited by Prof. Chomsky. On hiring faculty off the tenure track [...]]]></description>
				<content:encoded><![CDATA[<p><em>The following is an edited transcript of remarks given by Noam Chomsky via Skype on 4 February 2014 to a gathering of members and allies of the <a href="http://www.adjunctfacultyassoc.org/">Adjunct Faculty Association of the United Steelworkers</a> [3] in Pittsburgh, PA. The transcript was prepared by Robin J. Sowards and edited by Prof. Chomsky.</em></p>
<p><strong>On hiring faculty off the tenure track</strong></p>
<p><img class="alignleft size-full wp-image-7266" alt="ch" src="http://www.reinform.nl/wp-content/uploads/2014/03/ch.jpeg" width="275" height="183" />That’s part of the business model. It’s the same as hiring temps in industry or what they call “associates” at Wal-Mart, employees that aren’t owed benefits. It’s a part of a  corporate business model designed to reduce labor costs and to increase labor servility. When universities become corporatized, as has been happening quite systematically over the last generation as part of the general neoliberal assault on the population, their business model means that what matters is the bottom line. The effective owners are the trustees (or the legislature, in the case of state universities), and they want to keep costs down and make sure that labor is docile and obedient. The way to do that is, essentially, temps. Just as the hiring of temps has gone way up in the neoliberal period, you’re getting the same phenomenon in the universities. The idea is to divide society into two groups. One group is sometimes called the “plutonomy” (a term used by Citibank when they were <a href="http://www.correntewire.com/sites/default/files/Citibank_Plutonomy_2.pdf">advising their investors</a> [4] on where to invest their funds), the top sector of wealth, globally but concentrated mostly in places like the United States. The other group, the rest of the population, is a “precariat,” living a precarious existence.</p>
<p>This idea is sometimes made quite overt. So when Alan Greenspan was <a href="http://www.federalreserve.gov/boarddocs/hh/1997/february/testimony.htm">testifying before Congress</a> [5] in 1997 on the marvels of the economy he was running, he said straight out that one of the bases for its economic success was imposing what he called “greater worker insecurity.” If workers are more insecure, that’s very “healthy” for the society, because if workers are insecure they won’t ask for wages, they won’t go on strike, they won’t call for benefits; they’ll serve the masters gladly and passively. And that’s optimal for corporations’ economic health. At the time, everyone regarded Greenspan’s comment as very reasonable, judging by the lack of reaction and the great acclaim he enjoyed. Well, transfer that to the universities: how do you ensure “greater worker insecurity”? Crucially, by not guaranteeing employment, by keeping people hanging on a limb than can be sawed off at any time, so that they’d better shut up, take tiny salaries, and do their work; and if they get the gift of being allowed to serve under miserable conditions for another year, they should welcome it and not ask for any more. That’s the way you keep societies efficient and healthy from the point of view of the corporations. And as universities move towards a corporate business model, precarity is exactly what is being imposed. And we’ll see more and more of it.</p>
<p>That’s one aspect, but there are other aspects which are also quite familiar from private industry, namely a large increase in layers of administration and bureaucracy. If you have to control people, you have to have an administrative force that does it. So in US industry even more than elsewhere, there’s layer after layer of management—a kind of economic waste, but useful for control and domination. And the same is true in universities. In the past 30 or 40 years, there’s been a very sharp increase in the proportion of administrators to faculty and students; faculty and students levels have stayed fairly level relative to one another, but the proportion of administrators have gone way up. There’s a very good book on it by a well-known sociologist, Benjamin Ginsberg, called <a href="http://global.oup.com/academic/product/the-fall-of-the-faculty-9780199782444?cc=us&amp;lang=en&amp;">The Fall of the Faculty: The Rise of the All-Administrative University and Why It Matters</a> [6] (Oxford University Press, 2011), which describes in detail the business style of massive administration and levels of administration—and of course, very highly-paid administrators. This includes professional administrators like deans, for example, who used to be faculty members who took off for a couple of years to serve in an administrative capacity and then go back to the faculty; now they’re mostly professionals, who then have to hire sub-deans, and secretaries, and so on and so forth, a whole proliferation of structure that goes along with administrators. All of that is another aspect of the business model.</p>
<p>But using cheap labor—and vulnerable labor—is a business practice that goes as far back as you can trace private enterprise, and unions emerged in response. In the universities, cheap, vulnerable labor means adjuncts and graduate students. Graduate students are even more vulnerable, for obvious reasons. The idea is to transfer instruction to precarious workers, which improves discipline and control but also enables the transfer of funds to other purposes apart from education. The costs, of course, are borne by the students and by the people who are being drawn into these vulnerable occupations. But it’s a standard feature of a business-run society to transfer costs to the people. In fact, economists tacitly cooperate in this. So, for example, suppose you find a mistake in your checking account and you call the bank to try to fix it. Well, you know what happens. You call them up, and you get a recorded message saying “We love you, here’s a menu.” Maybe the menu has what you’re looking for, maybe it doesn’t. If you happen to find the right option, you listen to some music, and every once and a while a voice comes in and says “Please stand by, we really appreciate your business,” and so on. Finally, after some period of time, you may get a human being, who you can ask a short question to. That’s what economists call “efficiency.” By economic measures, that system reduces labor costs to the bank; of course it imposes costs on you, and those costs are multiplied by the number of users, which can be enormous—but that’s not counted as a cost in economic calculation. And if you look over the way the society works, you find this everywhere. So the university imposes costs on students and on faculty who are not only untenured but are maintained on a path that guarantees that they will have no security. All of this is perfectly natural within corporate business models. It’s harmful to education, but education is not their goal.</p>
<p>In fact, if you look back farther, it goes even deeper than that. If you go back to the early 1970s when a lot of this began, there was a lot of concern pretty much across the political spectrum over the activism of the 1960s; it’s commonly called “the time of troubles.” It was a “time of troubles” because the country was getting civilized, and that’s dangerous. People were becoming politically engaged and were trying to gain rights for groups that are called “special interests,” like women, working people, farmers, the young, the old, and so on. That led to a serious backlash, which was pretty overt. At the liberal end of the spectrum, there’s a book called <a href="https://en.wikipedia.org/wiki/The_Crisis_of_Democracy">The Crisis of Democracy: Report on the Governability of Democracies to the </a> [7]Trilateral Commission, Michel Crozier, Samuel P. Huntington, Joji Watanuki (New York University Press, 1975), produced by the Trilateral Commission, an organization of liberal internationalists. The Carter administration was drawn almost entirely from their ranks. They were concerned with what they called “the crisis of democracy,” namely that there’s too much democracy. In the 1960s there were pressures from the population, these “special interests,” to try to gain rights within the political arena, and that put too much pressure on the state—you can’t do that. There was one special interest that they left out, namely the corporate sector, because its interests are the “national interest”; the corporate sector is supposed to control the state, so we don’t talk about them. But the “special interests” were causing problems and they said “we have to have more moderation in democracy,” the public has to go back to being passive and apathetic. And they were particularly concerned with schools and universities, which they said were not properly doing their job of “indoctrinating the young.” You can see from student activism (the civil rights movement, the anti-war movement, the feminist movement, the environmental movements) that the young are just not being indoctrinated properly.</p>
<p>Well how do you indoctrinate the young? There are a number of ways. One way is to burden them with hopelessly heavy tuition debt. Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. If a business, say, gets in too much debt it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy. They can even garnish social security if you default. That’s a disciplinary technique. I don’t say that it was consciously introduced for the purpose, but it certainly has that effect. And it’s hard to argue that there’s any economic basis for it. Just take a look around the world: higher education is mostly free. In the countries with the highest education standards, let’s say Finland, which is at the top all the time, higher education is free. And in a rich, successful capitalist country like Germany, it’s free. In Mexico, a poor country, which has pretty decent education standards, considering the economic difficulties they face, it’s free. In fact, look at the United States: if you go back to the 1940s and 50s, higher education was pretty close to free. The GI Bill gave free education to vast numbers of people who would never have been able to go to college. It was very good for them and it was very good for the economy and the society; it was part of the reason for the high economic growth rate. Even in private colleges, education was pretty close to free. Take me: I went to college in 1945 at an Ivy League university, University of Pennsylvania, and tuition was $100. That would be maybe $800 in today’s dollars. And it was very easy to get a scholarship, so you could live at home, work, and go to school and it didn’t cost you anything. Now it’s outrageous. I have grandchildren in college, who have to pay for their tuition and work and it’s almost impossible. For the students that is a disciplinary technique.</p>
<p>And another technique of indoctrination is to cut back faculty-student contact: large classes, temporary teachers who are overburdened, who can barely survive on an adjunct salary. And since you don’t have any job security you can’t build up a career, you can’t move on and get more. These are all techniques of discipline, indoctrination, and control. And it’s very similar to what you’d expect in a factory, where factory workers have to be disciplined, to be obedient; they’re not supposed to play a role in, say, organizing production or determining how the workplace functions—that’s the job of management. This is now carried over to the universities. And I think it shouldn’t surprise anyone who has any experience in private enterprise, in industry; that’s the way they work.</p>
<p><strong>On how higher education ought to be</strong></p>
<p>First of all, we should put aside any idea that there was once a “golden age.” Things were different and in some ways better in the past, but far from perfect. The traditional universities were, for example, extremely hierarchical, with very little democratic participation in decision-making. One part of the activism of the 1960s was to try to democratize the universities, to bring in, say, student representatives to faculty committees, to bring in staff to participate. These efforts were carried forward under student initiatives, with some degree of success. Most universities now have some degree of student participation in faculty decisions. And I think those are the kinds of things we should be moving towards: a democratic institution, in which the people involved in the institution, whoever they may be (faculty, students, staff), participate in determining the nature of the institution and how it runs; and the same should go for a factory.</p>
<p>These are not radical ideas, I should say. They come straight out of classical liberalism. So if you read, for example, John Stuart Mill, a major figure in the classical liberal tradition, he took it for granted that workplaces ought to be managed and controlled by the people who work in them—that’s freedom and democracy (see, e.g., John Stuart Mill, <a href="http://www.efm.bris.ac.uk/het/mill/book4/bk4ch07">Principles of Political Economy, book 4, ch. 7</a> [8]). We see the same ideas in the United States. Let’s say you go back to the Knights of Labor; one of their stated aims was “To establish co-operative institutions such as will tend to supersede the wage-system, by the introduction of a co-operative industrial system” (<a href="http://www.gompers.umd.edu/KOL%20ritual.pdf">“Founding Ceremony”</a> [9] for newly-organized Local Associations). Or take someone like, John Dewey, a mainstream 20th-century social philosopher, who called not only for education directed at creative independence in schools, but also worker control in industry, what he called “industrial democracy.” He says that as long as the crucial institutions of the society (like production, commerce, transportation, media) are not under democratic control, then “politics [will be] the shadow cast on society by big business” (John Dewey, <a href="http://www.newrepublic.com/article/magazine/104638/the-need-new-party">“The Need for a New Party”</a> [10][1931]). This idea is almost elementary, it has deep roots in American history and in classical liberalism, it should be second nature to working people, and it should apply the same way to universities. There are some decisions in a university where you don’t want to have [democratic transparency because] you have to preserve student privacy, say, and there are various kinds of sensitive issues, but on much of the normal activity of the university, there is no reason why direct participation can’t be not only legitimate but helpful. In my department, for example, for 40 years we’ve had student representatives helpfully participating in department meetings.</p>
<p><strong>On “shared governance” and worker control</strong></p>
<p>The university is probably the social institution in our society that comes closest to democratic worker control. Within a department, for example, it’s pretty normal for at least the tenured faculty to be able to determine a substantial amount of what their work is like: what they’re going to teach, when they’re going to teach, what the curriculum will be. And most of the decisions about the actual work that the faculty is doing are pretty much under tenured faculty control. Now of course there is a higher level of administrators that you can’t overrule or control. The faculty can recommend somebody for tenure, let’s say, and be turned down by the deans, or the president, or even the trustees or legislators. It doesn’t happen all that often, but it can happen and it does. And that’s always a part of the background structure, which, although it always existed, was much less of a problem in the days when the administration was drawn from the faculty and in principle recallable. Under representative systems, you have to have someone doing administrative work but they should be recallable at some point under the authority of the people they administer. That’s less and less true. There are more and more professional administrators, layer after layer of them, with more and more positions being taken remote from the faculty controls. I mentioned before The Fall of the Faculty by Benjamin Ginsberg, which goes into a lot of detail as to how this works in the several universities he looks at closely: Johns Hopkins, Cornell, and a couple of others.</p>
<p>Meanwhile, the faculty are increasingly reduced to a category of temporary workers who are assured a precarious existence with no path to the tenure track. I have personal acquaintances who are effectively permanent lecturers; they’re not given real faculty status; they have to apply every year so that they can get appointed again. These things shouldn’t be allowed to happen. And in the case of adjuncts, it’s been institutionalized: they’re not permitted to be a part of the decision-making apparatus, and they’re excluded from job security, which merely amplifies the problem. I think staff ought to also be integrated into decision-making, since they’re also a part of the university. So there’s plenty to do, but I think we can easily understand why these tendencies are developing. They are all part of imposing a business model on just about every aspect of life. That’s the neoliberal ideology that most of the world has been living under for 40 years. It’s very harmful to people, and there has been resistance to it. And it’s worth noticing that two parts of the world, at least, have pretty much escaped from it, namely East Asia, where they never really accepted it, and South America in the past 15 years.</p>
<p><strong>On the alleged need for “flexibility”</strong></p>
<p>“Flexibility” is a term that’s very familiar to workers in industry. Part of what’s called “labor reform” is to make labor more “flexible,” make it easier to hire and fire people. That’s, again, a way to ensure maximization of profit and control. “Flexibility” is supposed to be a good thing, like “greater worker insecurity.” Putting aside industry where the same is true, in universities there’s no justification. So take a case where there’s under-enrollment somewhere. That’s not a big problem. One of my daughters teaches at a university; she just called me the other night and told me that her teaching load is being shifted because one of the courses that was being offered was under-enrolled. Okay, the world didn’t to an end, they just shifted around the teaching arrangements—you teach a different course, or an extra section, or something like that. People don’t have to be thrown out or be insecure because of the variation in the number of students enrolling in courses. There are all sorts of ways of adjusting for that variation. The idea that labor should meet the conditions of “flexibility” is just another standard technique of control and domination. Why not say that administrators should be thrown out if there’s nothing for them to do that semester, or trustees—what do they have to be there for? The situation is the same with top management in industry: if labor has to be flexible, how about management? Most of them are pretty useless or even harmful anyway, so let’s get rid of them. And you can go on like this. Just to take the news from the last couple of days, take, say, Jamie Dimon, the CEO of JP Morgan Chase bank: he just got a pretty<a href="http://money.cnn.com/2014/01/24/news/companies/dimon-pay/">substantial raise</a> [11], almost double his salary, out of gratitude because he had saved the bank from criminal charges that would have sent the management to jail; he got away with only $20 billion in fines for criminal activities. Well I can imagine that getting rid of somebody like that might be helpful to the economy. But that’s not what people are talking about when they talk about “labor reform.” It’s the working people who have to suffer, and they have to suffer by insecurity, by not knowing where tomorrow’s piece of bread is going to come from, and therefore be disciplined and obedient and not raise questions or ask for their rights. That’s the way that tyrannical systems operate. And the business world is a tyrannical system. When it’s imposed on the universities, you find it reflects the same ideas. This shouldn’t be any secret.</p>
<p><strong>On the purpose of education</strong></p>
<p>These are debates that go back to the Enlightenment, when issues of higher education and mass education were really being raised, not just education for the clergy and aristocracy. And there were basically two models discussed in the 18th and 19th centuries. They were discussed with pretty evocative imagery. One image of education was that it should be like a vessel that is filled with, say, water. That’s what we call these days “teaching to test”: you pour water into the vessel and then the vessel returns the water. But it’s a pretty leaky vessel, as all of us who went through school experienced, since you could memorize something for an exam that you had no interest in to pass an exam and a week later you forgot what the course was about. The vessel model these days is called “no child left behind,” “teaching to test,” “race to top,” whatever the name may be, and similar things in universities. Enlightenment thinkers opposed that model.</p>
<p>The other model was described as laying out a string along which the student progresses in his or her own way under his or her own initiative, maybe moving the string, maybe deciding to go somewhere else, maybe raising questions. Laying out the string means imposing some degree of structure. So an educational program, whatever it may be, a course on physics or something, isn’t going to be just anything goes; it has a certain structure. But the goal of it is for the student to acquire the capacity to inquire, to create, to innovate, to challenge—that’s education. One world-famous physicist, in his freshman courses if he was asked “what are we going to cover this semester?”, his answer was “it doesn’t matter what we cover, it matters what you discover.” You have gain the capacity and the self-confidence for that matter to challenge and create and innovate, and that way you learn; that way you’ve internalized the material and you can go on. It’s not a matter of accumulating some fixed array of facts which then you can write down on a test and forget about tomorrow.</p>
<p>These are two quite distinct models of education. The Enlightenment ideal was the second one, and I think that’s the one that we ought to be striving towards. That’s what real education is, from kindergarten to graduate school. In fact there are programs of that kind for kindergarten, pretty good ones.</p>
<p><strong>On the love of teaching</strong></p>
<p>We certainly want people, both faculty and students, to be engaged in activity that’s satisfying, enjoyable, challenging, exciting—and I don’t really think that’s hard. Even young children are creative, inquisitive, they want to know things, they want to understand things, and unless that’s beaten out of your head it stays with you the rest of your life. If you have opportunities to pursue those commitments and concerns, it’s one of the most satisfying things in life. That’s true if you’re a research physicist, it’s true if you’re a carpenter; you’re trying to create something of value and deal with a difficult problem and solve it. I think that’s what makes work the kind of thing you want to do; you do it even if you don’t have to do it. In a reasonably functioning university, you find people working all the time because they love it; that’s what they want to do; they’re given the opportunity, they have the resources, they’re encouraged to be free and independent and creative—what’s better? That’s what they love to do. And that, again, can be done at any level.</p>
<p>It’s worth thinking about some of the imaginative and creative educational programs that are being developed at different levels. So, for example, somebody just described to me the other day a program they’re using in high schools, a science program where the students are asked an interesting question: “How can a mosquito fly in the rain?” That’s a hard question when you think about it. If something hit a human being with the force of a raindrop hitting a mosquito it would absolutely flatten them immediately. So how come the mosquito isn’t crushed instantly? And how can the mosquito keep flying? If you pursue that question—and it’s a pretty hard question—you get into questions of mathematics, physics, and biology, questions that are challenging enough that you want to find an answer to them.</p>
<p>That’s what education should be like at every level, all the way down to kindergarten, literally. There are kindergarten programs in which, say, each child is given a collection of little items: pebbles, shells, seeds, and things like that. Then the class is given the task of finding out which ones are the seeds. It begins with what they call a “scientific conference”: the kids talk to each other and they try to figure out which ones are seeds. And of course there’s some teacher guidance, but the idea is to have the children think it through. After a while, they try various experiments and they figure out which ones are the seeds. At that point, each child is given a magnifying glass and, with the teacher’s help, cracks a seed and looks inside and finds the embryo that makes the seed grow. These children learn something—really, not only something about seeds and what makes things grow; but also about how to discover. They’re learning the joy of discovery and creation, and that’s what carries you on independently, outside the classroom, outside the course.</p>
<p>The same goes for all education up through graduate school. In a reasonable graduate seminar, you don’t expect students to copy it down and repeat whatever you say; you expect them to tell you when you’re wrong or to come up with new ideas, to challenge, to pursue some direction that hadn’t been thought of before. That’s what real education is at every level, and that’s what ought to be encouraged. That ought to be the purpose of education. It’s not to pour information into somebody’s head which will then leak out but to enable them to become creative, independent people who can find excitement in discovery and creation and creativity at whatever level or in whatever domain their interests carry them.</p>
<p><strong>On using corporate rhetoric against corporatization</strong></p>
<p>This is kind of like asking how you should justify to the slave owner that people shouldn’t be slaves. You’re at a level of moral inquiry where it’s probably pretty hard to find answers. We are human beings with human rights. It’s good for the individual, it’s good for the society, it’s even good for the economy, in the narrow sense, if people are creative and independent and free. Everyone benefits if people are able to participate, to control their fate, to work with each other—that may not maximize profit and domination, but why should we take those to be values to be concerned about?</p>
<p><strong>Advice for adjunct faculty organizing unions</strong></p>
<p>You know better than I do what has to be done, the kind of problems you face. Just got ahead and do what has to be done. Don’t be intimidated, don’t be frightened, and recognize that the future can be in our hands if we’re willing to grasp it.</p>
<p><em>Prof. Chomsky’s remarks in this transcript were elicited by questions from Robin Clarke, Adam Davis, David Hoinski, Maria Somma, Robin J. Sowards, Matthew Ussia, and Joshua Zelesnick. Noam Chomsky’s <a href="http://www.amazon.com/exec/obidos/ASIN/1884519253/counterpunchmaga">OCCUPY: Class War, Rebellion and Solidarity</a> [12] is published by <a href="http://www.zuccottiparkpress.com/">Zuccotti Park Press.</a> [13]<br />
</em></p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=7265</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The euro crisis and contradictions between countries in the periphery and centre of the European Union</title>
		<link>http://www.reinform.info/?p=7141</link>
		<comments>http://www.reinform.info/?p=7141#comments</comments>
		<pubDate>Wed, 15 Jan 2014 10:36:15 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[Eric Toussaint]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Europem Crisis]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[wages]]></category>
		<category><![CDATA[working class]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=7141</guid>
		<description><![CDATA[The crisis that started in the United States in 2007-2008, hit the European Union head on in 2008, and has been causing major problems in the eurozone since 2010. [1]&#124; Banks from the strongest European countries are responsible for spreading this plague from the United States to Europe, because they had invested massively in structured [...]]]></description>
				<content:encoded><![CDATA[<p>The crisis that started in the United States in 2007-2008, hit the European Union head on in 2008, and has been causing major problems in the eurozone since 2010. [1]| Banks from the strongest European countries are responsible for spreading this plague from the United States to Europe, because they had invested massively in structured financial products. It is important to explain why this crisis has struck the European Union and the eurozone harder than the United States.<span id="more-7141"></span></p>
<div>
<p>The crisis that started in the United States in 2007-2008, hit the European Union head on in 2008, and has been causing major problems in the eurozone since 2010. Banks from the strongest European countries are responsible for spreading this plague from the United States to Europe, because they had invested massively in structured financial products. It is important to explain why this crisis has struck the European Union and the eurozone harder than the United States.</p>
<p>18 of the 28 countries in the European Union share a common currency, the euro. [<a id="nh2" title="The eurozone was created in 1999 by eleven countries: Germany, Austria, (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb2" rel="footnote">2</a>] The population of the EU is about 500 million people, [<a id="nh3" title="http://en.wikipedia.org/wiki/Demogr..." href="http://www.internationalviewpoint.org/spip.php?article3226#nb3" rel="footnote">3</a>] about half the population of China, Africa, or India, 2/3 of Latin America, and 50% more than the USA.</p>
<p>There are major differences between countries in the European Union. Germany, the United Kingdom, France, the Netherlands, Italy, Belgium, and Austria are the most highly industrialised and powerful countries in the EU. 11 countries are from the ex-Eastern European bloc (3 Baltic Republics — Estonia, Lithuania, and Latvia; Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, and Romania, which were part of the Soviet bloc, and Slovenia and Croatia, which were part of Yugoslavia). Finally, come Greece, Portugal, Ireland, Spain, and Cyprus, which have been brutalised by the eurozone crisis.</p>
<h3>Large private corporations are taking advantage of wage discrepancies</h3>
<p>Wage discrepancies are very significant: the minimum wage in Bulgaria (in 2013, the gross monthly salary is 156 euros) is less than one tenth of what it is in countries like France, Belgium, and the Netherlands. [<a id="nh4" title="See in particular http://www.inegalites.fr/spip.php?a...  which (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb4" rel="footnote">4</a>] Wage discrepancies within European Union countries can also be very significant. In Germany, 7.5 million employees earn a paltry monthly salary of 400 euros, whereas the normal monthly salary in Germany is more than 1200 euros (there is no national legal minimum wage in Germany).</p>
<p>This discrepancy enables major European corporations, particularly German industrial corporations to be very competitive, because they outsource part of their production to countries like Bulgaria, Romania or to other Central and Eastern European countries, and then transport the parts back to Germany where they are assembled into final products. Finally, they export within the EU or to the global market after having cut the cost of wages to the bone. To top it all off, they pay no import/export taxes within the EU.</p>
<h3>Increasingly large differences between countries</h3>
<p>The EU’s refusal to develop coherent policies to help the new members to reduce their economic disadvantages with respect to the wealthiest European countries has greatly contributed to exacerbating these structural differences, and thereby undermining the EU integration process. The European treaties have been designed to serve the interests of the major private corporations, which benefit from the differences between the economies in the EU to increase their profits and be more competitive.</p>
<p>The EU budget is minuscule: it only represents 1% of the EU’s gross domestic product, whereas a normal budget of an industrialised country would represent 45-50% or more of its GDP, as is the case of the United States federal budget and the French national budget. To give an idea of just how minuscule the budget managed by the European Commission is, it is comparable to that of Belgium that has 10 million inhabitants (1/50 of the EU population), and nearly 50% is earmarked for the common agricultural policy.</p>
<h3>The crisis was not caused by foreign competition</h3>
<p>The crisis is not due to competition from China, South Korea, Brazil, India or other emerging countries.</p>
<p>For the past 10 years, Germany (and also the Netherlands and Austria) has been pursuing a neo-mercantilist trade policy: it has succeeded in increasing it exports, particularly within the European Union and the eurozone by squeezing workers’ wages in Germany. [<a id="nh5" title="See Eric Toussaint, “The greatest offensive against European social rights (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb5" rel="footnote">5</a>] It has thereby increased its competitiveness compared to its partners and in particular countries like Greece, Spain, and Portugal, and even Romania, Bulgaria, and Hungary (which are not part of the eurozone). A trade deficit has piled up in these countries with respect to Germany and other stronger European economies.</p>
<h3>The euro straitjacket</h3>
<p>When the euro was created, the German currency was undervalued (as requested by Germany) and the currencies of weaker countries were overvalued. That made German exports more competitive in the markets of other European countries, and the weakest, such as Greece, Portugal, Spain, and the Central and Eastern European countries were the hardest hit.</p>
<p>Generally speaking, within the EU, the debt of peripheral countries is essentially due to the behaviour of the private sector (banks, construction companies, big industry, and trade). Incapable of competing with the strongest economies, the private sector in these countries has gone into debt vis-à-vis banks in Europe’s Central economies (Germany, France, the Netherlands, Belgium, Austria, Luxemburg,…) and domestic agents, since the economies of these countries have experienced a high degree of financialization since they adopted the euro. Consumption boomed in the countries concerned, and in some of them such as Spain, a real estate bubble developed and subsequently burst. The governments in these countries came to the rescue of the banks, leading to a major increase in public debt.</p>
<p>Obviously, countries that are in the eurozone cannot devalue their own currency, since it is now the euro. Likewise, countries like Greece, Portugal, and Spain are in a catch-22 situation due to their eurozone membership. European authorities and their national governments have been applying what has come to be called internal devaluation: they impose wage cuts on employees, which are transformed into profits for the directors of major private corporations. Internal devaluation is therefore synonymous with decreased wages. It is used to increase competitiveness; however, it has not proven to be very effective in terms of creating economic growth because at the same time austerity policies and salary cuts have been applied in all of the countries concerned. On the other hand, corporate directors are very happy, because they have been long intent on radically cutting wages. From this point of view, the eurozone crisis, which became very acute as of 2010-2011 has been a godsend for corporate directors. The legal minimum wage has been drastically cut in Greece, Ireland, and other countries.</p>
<h3>A single capital market and a single currency</h3>
<p>Whereas the crisis first erupted in the United States in 2007, its impact has been much more violent on the European Union than on US political and financial institutions. In fact, the crisis that has been shaking the eurozone is not a surprise. It is an avatar of the two principles governing this zone: a single capital market and a single currency. More broadly speaking, it is the consequence of the mindset shaping European integration, which is based on the priority given to the interests of major private industrial and financial corporations, the active promotion of private interests, the fact that within the eurozone, economies and producers of unequal strength have been put in direct competition with each other, the desire to withdraw a growing number of activities from the public services; the competition created between employees from and within different countries, and the refusal to standardise employees’ health care and other social rights upwards. All of these aspects are part of a clear objective – to favour the accumulation of the maximum amount of profit for the private sector, in particular by providing Capital with a labour force that is as malleable and precarious as possible.</p>
<h3>The private banks have a monopoly for lending money to the States</h3>
<p>In reply to my explanation, some might retort that the same mindset shapes the US economy. We must therefore also consider other factors: whereas the credit needs of the governments of other developed countries, including the United States, can be satisfied by their central bank, notably by printing money, eurozone member states have relinquished this possibility. The European Central Bank is legally forbidden from directly financing its Member States. In addition, in accordance with the Lisbon Treaty, financial solidarity between Member States is expressly forbidden. According to Article 125, the Member States must assume alone their financial commitments – neither the Union nor the other Member States can be liable for or assume them. [<a id="nh6" title="Article 125 of the Lisbon Treaty (2009): “The Union shall not be liable for (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb6" rel="footnote">6</a>] Article 101 of the Maastricht Treaty, [<a id="nh7" title="This is the treaty which created the European Economic Community" href="http://www.internationalviewpoint.org/spip.php?article3226#nb7" rel="footnote">7</a>] which was included word for word in the Lisbon Treaty, [<a id="nh8" title="Article 123." href="http://www.internationalviewpoint.org/spip.php?article3226#nb8" rel="footnote">8</a>] adds:</p>
<p>“Overdraft facilities or any other type of credit facility with the ECB or with the central banks of the Member States […] in favour of Community institutions or bodies, central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of Member States shall be prohibited.”</p>
<p>We see then that the EU voluntarily serves the interests of the financial markets, for even in normal times the governments of eurozone countries are totally dependent on the private sector for their funding needs. Institutional investors (banks, pension funds, and insurance companies) and hedge funds pounced on Greece in 2010, because it was the weakest link in the European debt chain, before attacking Ireland, Portugal, Spain, and Italy. By acting this way, they made juicy profits, because they were highly remunerated in terms of the interest rates paid by the various government agencies to refinance their debt. Private banks made the highest profits among these institutional investors, because they could borrow money directly from the European Central Bank at a 1% rate of interest, [<a id="nh9" title="Since May 2013, the ECB has been lending money to banks at a rate of 0.5%. (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb9" rel="footnote">9</a>] while at the same time, offering 90-day loans to Greece at rates of 4% to 5%.</p>
<p>By launching their attacks against the weakest links, the banks and other institutional investors were also convinced that the European Central Bank and the European Commission would be forced to assist the States that were victims of speculation by lending them money that would enable them to continue paying back their debts. They were right. In collaboration with the IMF, the European Commission gave in, and used the European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM) to grant loans to some eurozone Member States (Greece, Ireland, Portugal, and Cyprus), so that they could first pay back the private banks of the wealthiest countries in the UE. This action was in violation of the aforementioned Article 125 in the Lisbon Treaty. However, it respected the neoliberal spirit of the Treaty: indeed, the EFSF and ESM borrow the financial resources they lend to States on the financial markets. In addition, drastic conditions have been imposed: privatisations, lower wages and pensions, layoffs in the public sector, decreases in public spending in general, and for social services, in particular.</p>
<p>It is worth making a small reminder. Whereas EU regulations do not allow the European Central Bank to lend to EU Member States, the situation is very different in the United States where on average the Federal Reserve loans $40 billion per month to the Obama administration by purchasing treasury bonds (which represents $480 billion per year). The same is true in the United Kingdom, which is not part of the eurozone, where the Bank of England makes massive loans to the British government. The rules being applied in the eurozone are making their crisis worse than it is in the United States or the United Kingdom.</p>
<h3>Misguided policies are exacerbating the crisis</h3>
<p>The policies applied by the European Commission and national governments since 2010 have only worsened the crisis, and particularly in the weakest eurozone countries. By reducing government demand and market demand, the possibilities for economic growth have been more or less eliminated.</p>
<p>From the point of view of corporate owners, the policies proposed by European leaders are not a failure</p>
<p>The leaders of the wealthiest European countries and the owners of its largest corporations are very pleased that there is a common economic, trade, and political zone in which European multinationals and the economies at the centre of the eurozone can benefit from the fiascos unrolling in the peripheral eurozone countries to make corporations more profitable, and mark points vis-à-vis in terms of their competitiveness with respect to their North American and Chinese competitors. Their objective, in the current phase of the crisis, is not to revive growth and decrease the gaps between the strong and weak economies in the EU. Indeed, they believe that the economic disaster in southern Europe will present opportunities for the massive privatisation of public corporations and commodities at cut-rate prices. The intervention of the troika and the active complicity of the governments in the peripheral countries are helping them. The major capital owners in the peripheral countries are favourable to these policies, because they themselves are counting on getting a piece of the cake they have been eyeing up for so long. The privatisations in Greece and Portugal prefigure what is going to occur in Spain and Italy, where the public commodities potentially up for grabs are much more significant given the size of these two economies.</p>
<p>To consider that the policies applied by European leaders have failed, because they have not produced economic growth, is to err greatly on the criteria of analysis. The goals of the ECB, the European Commission, the governments of the strongest economies, bank boards, and other big businesses are neither a quick return to growth, nor a reduction of the inequalities within the eurozone and the EU, which would create a more coherent union and a return to prosperity.</p>
<p>One fundamental point should not be forgotten: the ability of the technocrats, who obediently serve the interests of big business to manipulate a crisis, or a chaotic situation, in favour of Capital &#8211; they no longer bother to dissimulate their close complicity. Many high ranking politicians, ministers, and the ECB President have spent part of their careers in major financial corporations such as Goldman Sachs. Others have been rewarded by one of the big banks, with a high level post, for having faithfully applied policies favourable to finance while in office. This is nothing new, but it is more apparent and widespread than at any time over the last fifty years. There is a real “revolving doors” phenomenon at play today.</p>
<h3>The social effects of the crisis</h3>
<p>What wage earners and benefits claimants in Greece, Portugal, Ireland, and Spain are currently experiencing has been imposed on the developing countries since the debt crisis of the 1980s and 1990s. During the 1980s, workers in North America were also attacked, starting with the Reagan Presidency, UK workers were hit by the iron fist of Margaret Thatcher, and their neo-liberal admirers in Europe have applied the same policies. Workers in the ex-Eastern Bloc countries were also subjected to the brutality of their governments and the IMF. Then, in a less malicious manner than in the Third World (from very poor to developing) countries, German workers were attacked between 2003 and 2005. Many of them still feel the unpleasant effects today; even if Germany’s exporting success [<a id="nh10" title="Germany has had economic growth driven by exports, whereas most of its EU (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb10" rel="footnote">10</a>] has reduced the effects on unemployment and part of the working classes has not directly experienced the consequences. In Greece, Ireland, Portugal and Spain the crisis was worsened during 2012 – 2013 by due to the brutal austerity policies applied by the governing bodies in compliance with the Troika. In Greece, the total loss of GDP amounted to 25%, and the loss of purchasing power for much of the population has been between 30% and 50%. Unemployment and poverty have literally exploded. While in 2012 all the media and official announcements claimed that the national debt had been reduced by half, [<a id="nh11" title="The CADTM denounced the propaganda efforts by the Troika and the Greek (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb11" rel="footnote">11</a>] the truth is quite different. Greek public debt, which was equivalent to 130% of GDP, in 2012, after debt write-downs, it had nevertheless jumped to 157% and reached a new peak of 175% in 2013. Over a similar period unemployment has grown from 21.6% in 2010 to 27% in 2013 (50% for the under 25s).</p>
<p>In Portugal, austerity measures have been so violent that one million Portuguese rallied spontaneously on 15 September 2012, the biggest turn-out since the 1st May 1974 celebration of the Carnation Revolution. The failure of austerity measures has caused a government crisis. In little mentioned Ireland, unemployment is enormous, 182,900 young Irish between 15 and 29 have left the country since the crisis began in 2008. One third of the youth have lost the jobs they had before the crisis. The bank bailouts have cost close to €70 billion, about 40% of Irish GDP, which amounted to €157 billion in 2011. The economy has slowed down by 20% since 2008, and the government has reaffirmed that it will eliminate 37,500 public sector jobs by 2015. In Spain, 50% of the young are unemployed, and 350,000 families have been evicted from their homes because of mortgage arrears. In 2012, the number of families in which there is not one person employed increased by 300,000 to 1.7 million (about 10% of all Spanish families). The situation in the ex-Eastern Bloc countries is getting worse and worse, particularly those in the eurozone.</p>
<h3>A People’s Europe based on international solidarity</h3>
<p>Only powerful popular action can halt the strategy rolled out by the dominant classes. The popular movements must build a continent-wide strategy of resistance. Leaders everywhere are using the pretext of debt to justify and impose policies that are undermining the economic and social rights of the vast majority of people. If the social movements, including the Trade Unions, really want to win this battle, they must take the debt question by the horns in order to deconstruct one of the principal arguments repeated by those in power. The essential measures needed to manage the current crisis of capitalism differently | [<a id="nh12" title="For a development of these propositions, see: Damien Millet, Eric (...)" href="http://www.internationalviewpoint.org/spip.php?article3226#nb12" rel="footnote">12</a>] include abolishing the illegitimate part of public debt, abandoning austerity politics, heavily taxing Big Capital, expropriating the banks so they can be integrated into a public deposit and credit service, decreasing the number of hours worked, ending privatisations, and developing public services instead.</p>
<p>This process may start in one country, or spread from one country to another, but it cannot stop at national boundaries. An authentic constituent assembly bringing together European peoples must be created to abrogate numerous European treaties, and give rise to a federation that will be given the responsibility of, above all else, guaranteeing Human Rights in all their aspects. At the same time, policies must be implemented that break with the “productivist” consumer society, so that nature and its limits are respected. From this process will emerge a Europe of its peoples that will reconsider its relations with the rest of the World, and return to other peoples, on other continents, what has been taken from them through centuries of European domination and plundering.</p>
<p><i>Translation : Charles La Via and Mike Krolikowski</i></p>
<p>Source: http://www.internationalviewpoint.org/spip.php?article3226</p>
<p><small>by <a href="http://www.internationalviewpoint.org/spip.php?auteur118">Éric Toussaint</a></small></p>
<p><a href="http://cadtm.org/The-euro-crisis-and-contradictions" rel="external">CADTM</a></p>
</div>
<div>
<h2>Footnotes</h2>
<p>[<a id="nb1" title="Footnotes 1" href="http://www.internationalviewpoint.org/spip.php?article3226#nh1" rev="footnote">1</a>] This document is based on a talk I gave on the euro crisis on 31 October, 2013 in the Ethnology Department at Port au Prince University (Haiti). I would like to thanks Michel Carles for taking the notes that inspired me to write this article.</p>
<p>[<a id="nb2" title="Footnotes 2" href="http://www.internationalviewpoint.org/spip.php?article3226#nh2" rev="footnote">2</a>] The eurozone was created in 1999 by eleven countries: Germany, Austria, Belgium, Spain, Finland, France, Ireland, Italy, Luxemburg, the Netherlands, and Portugal. They were joined by Greece in 2001, Slovenia in 2007, Cyprus, and Malta in 2008, Slovakia in 2009, Estonia in 2011, and Latvia on 1 January 2014.</p>
<p>[<a id="nb3" title="Footnotes 3" href="http://www.internationalviewpoint.org/spip.php?article3226#nh3" rev="footnote">3</a>] <a href="http://en.wikipedia.org/wiki/Demographics_of_the_European_Union" rel="external">http://en.wikipedia.org/wiki/Demogr&#8230;</a></p>
<p>[<a id="nb4" title="Footnotes 4" href="http://www.internationalviewpoint.org/spip.php?article3226#nh4" rev="footnote">4</a>] See in particular <a href="http://www.inegalites.fr/spip.php?article702" rel="external">http://www.inegalites.fr/spip.php?a&#8230;</a> which unfortunately provides data only up to 2011.</p>
<p>[<a id="nb5" title="Footnotes 5" href="http://www.internationalviewpoint.org/spip.php?article3226#nh5" rev="footnote">5</a>] See Eric Toussaint, “The greatest offensive against European social rights since the Second World War,” <a href="http://cadtm.org/The-greatest-offensive-against" rel="external">http://cadtm.org/The-greatest-offen&#8230;</a></p>
<p>[<a id="nb6" title="Footnotes 6" href="http://www.internationalviewpoint.org/spip.php?article3226#nh6" rev="footnote">6</a>] Article 125 of the Lisbon Treaty (2009): “The Union shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of any Member State, without prejudice to mutual financial guarantees for the joint execution of a specific project. A Member State shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of another Member State, without prejudice to mutual financial guarantees for the joint execution of a specific project” (my emphasis).</p>
<p>[<a id="nb7" title="Footnotes 7" href="http://www.internationalviewpoint.org/spip.php?article3226#nh7" rev="footnote">7</a>] This is the treaty which created the European Economic Community</p>
<p>[<a id="nb8" title="Footnotes 8" href="http://www.internationalviewpoint.org/spip.php?article3226#nh8" rev="footnote">8</a>] Article 123.</p>
<p>[<a id="nb9" title="Footnotes 9" href="http://www.internationalviewpoint.org/spip.php?article3226#nh9" rev="footnote">9</a>] Since May 2013, the ECB has been lending money to banks at a rate of 0.5%. We can also add that the ECB has made its quality requirements (ratings) more flexible for the securities banks provide as a guarantee when they borrow cash. Indeed, the minimum rating required by the ECB for these bank securities has been suspended “until further notice”…</p>
<p>[<a id="nb10" title="Footnotes 10" href="http://www.internationalviewpoint.org/spip.php?article3226#nh10" rev="footnote">10</a>] Germany has had economic growth driven by exports, whereas most of its EU and especially eurozone partners have been hard hit by the crisis. As there has been a general decrease in demand, due to cuts in public spending and a drop in household consumption, outlets for German products have sharply decreased. A boomerang effect is already hitting the German economy.</p>
<p>[<a id="nb11" title="Footnotes 11" href="http://www.internationalviewpoint.org/spip.php?article3226#nh11" rev="footnote">11</a>] The CADTM denounced the propaganda efforts by the Troika and the Greek government from the outset. See: “The CADTM condemns the disinformation campaign on the Greek debt and the rescue plan by private creditors”, <a href="http://cadtm.org/The-CADTM-condemns-the" rel="external">http://cadtm.org/The-CADTM-condemns-the</a>published 10 March 2012. See also Christina Laskaridis, “Greece already defaulted on the creditors’ terms; what they fear is default on the debtor’s terms”, <a href="http://cadtm.org/Greece-already-defaulted-on-the" rel="external">http://cadtm.org/Greece-already-def&#8230;</a>published 31 May 2012.</p>
<p>[<a id="nb12" title="Footnotes 12" href="http://www.internationalviewpoint.org/spip.php?article3226#nh12" rev="footnote">12</a>] For a development of these propositions, see: Damien Millet, Eric Toussaint. Europe: What emergency programme for the crisis? <a href="http://cadtm.org/Europe-What-emerge.." rel="nofollow external">http://cadtm.org/Europe-What-emerge..</a>. published 10 June 2012. See also: Thomas Coutrot, Patrick Saurin, and Éric Toussaint, “Cancelling debt or taxing capital: why should we choose?” <a href="http://cadtm.org/Cancelling-debt-or-taxing-capital" rel="external">http://cadtm.org/Cancelling-debt-or&#8230;</a> published 2 November 2013</p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=7141</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Millionaires become the majority in US Congress</title>
		<link>http://www.reinform.info/?p=7120</link>
		<comments>http://www.reinform.info/?p=7120#comments</comments>
		<pubDate>Sat, 11 Jan 2014 09:43:21 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[millionairs]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=7120</guid>
		<description><![CDATA[For the first time, more than half the members of the US Congress are millionaires, an analysis released by the Center for Responsive Politics revealed this week. The average “net worth” of a US Congressional representative rose to $1,008,767 in 2012 from $966,000 in 2011. A total of 268 out of the 534 members of [...]]]></description>
				<content:encoded><![CDATA[<p>For the first time, more than half the members of the US Congress are millionaires, an analysis released by the Center for Responsive Politics revealed this week.<span id="more-7120"></span></p>
<p>The average “net worth” of a US Congressional representative rose to $1,008,767 in 2012 from $966,000 in 2011. A total of 268 out of the 534 members of Congress were worth more than $1 million. This was an increase over the 257 millionaires in Congress the previous year.</p>
<p><img class="aligncenter size-full wp-image-7121" alt="140109171444-millionaire-congress-620xa" src="http://www.reinform.nl/wp-content/uploads/2014/01/140109171444-millionaire-congress-620xa.jpg" width="620" height="348" /></p>
<p>Representative Darrell Issa, a California Republican, topped the list of wealthy legislators with a net worth estimated by the report at between $330 million and $597 million. Senator Mark Warner (Democrat of Virginia), Representative Jared Polis (Democrat of Colorado), Representative John K. Delaney (Democrat of Maryland), Representative Michael McCaul (Republican of Texas), Representative Scott Peters (Democrat of California), Representative Richard Blumenthal (Democrat of California), and SenatorJay Rockefeller (Democrat of West Virginia) were all found to have an average net worth exceeding $100 million, with the high end estimates for six out the top ten surpassing $200 million. Also in 2012, the report found, the median net worth of US Senators rose to $2.7 million from $2.5 million.</p>
<p>These figures do not include the value of legislators’ personal residences, automobiles, and artwork, which would push the numbers even higher. Moreover, when reporting assets belonging to their spouses, legislators can report simply “Over $1 million” or “Over $50 million,” allowing them to conceal large portions of their holdings.</p>
<p>US lawmakers hold large amounts of stock in the largest US corporations and the most profitable sectors of the economy. The CRP report listed General Electric, Wells Fargo, Microsoft Corp, Proctor &amp; Gamble, Apple Inc, Bank of America, JP Morgan Chase, IBM Corps, Cisco Systems, and AT&amp;T as the corporations most heavily invested in by members of Congress. At least 40 members hold major investments in each of these companies. Congressional investments in real estate during 2012 were pegged by the report at somewhere between $442.2 million and $1.4 billion, and investments in securities ranged between $64.5 million and $229.6 million. Other sectors with heavy investment from congressional representatives included oil and gas ($34 to $97 million), commercial banks ($38 to $135 million), and automotive ($25 to $114 million).</p>
<p>The obscene wealth of US legislators is an expression of the domination of American society by a plutocracy. The concentration of such vast sums in the hands of the “people’s representatives” makes a mockery of claims that the US political system is genuinely democratic. Instead, it is an oligarchical system ruled by the ultra-wealthy and their bought-and-paid for lackeys who hold the levers of state power.</p>
<p>Securing election to Congress requires massive quantities of campaign money, ensuring that successful candidates are fully in the pocket of the big banks and corporations by the time they reach office. After their election, moreover, many lawmakers achieve staggering levels of personal enrichment, cementing their loyalty to the capitalist system.</p>
<p>As the CRP report noted, “Thousands of companies are given billions of dollars worth of government contracts every year, and many will often lobby Congress directly. Some of these businesses may also find themselves targets of congressional scrutiny for questionable business practices, accidents, even disasters. All the while, lawmakers themselves sometimes have stock holdings or other financial relationships with these corporations and associations.”</p>
<p>Upon ending their careers as “public servants,” Congressmen typically find their way to comfortable, lavishly paid positions in the private sector.</p>
<p>As recent developments illustrate, the millionaires’ club on Capitol Hill dutifully serves the interests of the capitalist class against those of the working class, stripping away regulations on big business and finance while dismantling social programs. On November 1, the US Congress passed a massive cut to the Supplemental Nutrition Assistance Program (SNAP), reducing food assistance to 47 million Americans who rely on the program to put food on the table. Then, over Christmas, Congress allowed extended jobless benefits for long-term unemployed Americans to expire, condemning some 1.3 million long-term unemployed to destitution.</p>
<p>The great majority of the US population is facing levels of economic hardship not seen since the Great Depression of the 1930s. The suffering of the population is a direct product of the socially corrosive, anti-working class policies being implemented by both parties in the Congress, which has pressed ahead with comprehensive attacks on the living standards and social conditions of the working class since the financial crash of 2008.</p>
<p>Of the economic chasm separating the politicians from the masses of working people, the CRP wrote, “About 1 percent of all Americans are millionaires. In Congress, that number regularly hovers between 40 percent and 50 percent, meaning elected leaders generally need not worry about the economic pressures many Americans face—from securing gainful employment to grappling with keeping a family financially afloat.”</p>
<p>In the figures published by the CRP, the historical bankruptcy of bourgeois democracy is on full display. The bourgeois democratic political institutions established in the course of the American Revolution have become bulwarks of reaction and privilege.</p>
<p>Source: http://www.wsws.org/en/articles/2014/01/11/mill-j11.html</p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=7120</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Stop the Monsanto frankenseed factory</title>
		<link>http://www.reinform.info/?p=7098</link>
		<comments>http://www.reinform.info/?p=7098#comments</comments>
		<pubDate>Mon, 30 Dec 2013 10:29:04 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Society]]></category>
		<category><![CDATA[Argentina]]></category>
		<category><![CDATA[Monsanto]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[Sofía Gatica]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=7098</guid>
		<description><![CDATA[Monsanto&#8217;s extending its power over the globe, with a massive new frankenseed factory in Argentina. Sofía Gatica and local neighbours have spoken out, and she has received death threats and a brutal beating. The threat is urgent &#8212; let&#8217;s stand with them and stop the plant. Monsanto manufactures the genetically modified seeds that, when combined [...]]]></description>
				<content:encoded><![CDATA[<p><b>Monsanto&#8217;s extending its power over the globe</b>, with a massive new frankenseed factory in Argentina. Sofía Gatica and local neighbours have spoken out, and she has received death threats and a brutal beating. The threat is urgent &#8212; let&#8217;s stand with them and stop the plant.<span id="more-7098"></span><img class="aligncenter size-full wp-image-7100" alt="Sofía-Gatica-I" src="http://www.reinform.nl/wp-content/uploads/2013/12/Sofía-Gatica-I.jpg" width="640" height="360" /></p>
<p>Monsanto manufactures the genetically modified seeds that, when combined with toxic pesticides, create the <b>devastating &#8216;monocultures&#8217; &#8212; where nothing grows but a single plant</b> &#8212; that increasingly cover our planet. Now they plan to build one of the world&#8217;s largest GM seed factories in Malvinas.</p>
<p>Sofía, worried about health risks from the plant, has joined the protests, backed by nearly 70% of the area&#8217;s residents. If 1 million of us join the people of Malvinas in the next 3 days, we can raise the profile of the issue in local media, feature the petition in an ad campaig n, and <b>push the unpopular Argentine President to shut down the plant and roll back the spread of Monsanto&#8217;s toxic agriculture</b>:</p>
<p><a href="https://secure.avaaz.org/en/stop_monsanto_in_argentina_global_/?bskwlgb&amp;v=33255">https://secure.avaaz.org/en/stop_monsanto_in_argentina_global_/?bskwlgb&amp;v=33255</a></p>
<p><img class="alignleft size-full wp-image-7099" alt="7181_acampe_manu_chao 2_3_200x100" src="http://www.reinform.nl/wp-content/uploads/2013/12/7181_acampe_manu_chao-2_3_200x100.jpg" width="200" height="100" />Sofia and the people of Malvinas have been lying in front of bulldozers to block the construction of the plant. If we can amplify their protest &#8212; we can help them win. President Kirchner is facing a wave of unpopularity right now, and she can&#8217;t afford to be seen to be choosing Monsanto&#8217;s profits over her own people.</p>
<p>The mega-plant will use toxic chemicals to engineer seeds, which sounds weird because seeds are supposed to come from plants right? Not in Monsanto&#8217;s scary new world, where plants are genetically designed to be sterile, and <b>the only way farmers can keep planting food is by buying seeds every year from Monsanto!</b> In the US, up to 90% of some types of crops are planted with Monsanto seeds, and with its new mega-plant in Argentina, the infamous company is extending its power over the globe.</p>
<p>The threats and beating of Sofía and her fellow protesters are the last straw &#8212; let&#8217;s stop Monsanto&#8217;s invasion of South America, and start rolling back the devastat ion wreaked on our ecosystems by their products:</p>
<p><a href="https://secure.avaaz.org/en/stop_monsanto_in_argentina_global_/?bskwlgb&amp;v=33255">https://secure.avaaz.org/en/stop_monsanto_in_argentina_global_/?bskwlgb&amp;v=33255</a></p>
<p><b>Some argue that genetic modification holds great promise</b> for increased agricultural efficiency. There may be many such benefits in the future, but often the gains are hyped by corporate PR (such as the line that GM seeds &#8216;feed the world&#8217; by being far more productive than normal seeds &#8212; in fact there&#8217;s little evidence of that), and GM technologies often put profit over people and planet. <b>Governments should adjudicate the public risks and benefits, but Monsanto is skilled in undermining democratic governance</b>. They even passed a law in the US that says that a judge cannot order a recall of Monsanto products, even on grounds of public safety!</p>
<p>Our planet is being rapidly transformed by genetically modified, industr ial agriculture, and our governments are far too heavily influenced by the American mega-corporation at the center of it all &#8212; a corporation that is gradually coming to control the world&#8217;s food supply. <b>Let&#8217;s not force our children and grandchildren to deal with a world fed by Monsanto, when we can stop it now. </b></p>
<p>With hope,</p>
<p>Ricken, Meredith, Laura, Nick, Alice, Luis, Marie, Nadia and the whole Avaaz team</p>
<p>More Information:</p>
<p>Anti-Monsanto activists assaulted in Argentina (RT)<br />
<a href="http://rt.com/news/argentina-monsanto-protest-clashes-483/">http://rt.com/news/argentina-monsanto-protest-clashes-483/</a></p>
<p>Pesticide illness triggers anti-Monsanto protest in Argentina (DW)<br />
<a href="http://www.dw.de/pesticide-illness-triggers-anti-monsanto-protest-in-argentina/a-17013525">http://www.dw.de/pesticide-illness-triggers-anti-monsanto-protest-in-argentina/a-17013525</a></p>
<p>Birth defects, cancer in Argentina linked to agrochemicals: AP investigation (CTVNews)<br />
<a href="http://www.ctvnews.ca/health/birth-defects-cancer-in-argentina-linked-to-agrochemicals-ap-investigation-1.1505096">http://www.ctvnews.ca/health/birth-defects-cancer-in-argentina-linked-to-agrochemicals-ap-investigation-1.1505096</a></p>
<p>Sofia Gatica (The Goldman Environmental Prize)<br />
<a href="http://www.goldmanprize.org/recipient/sofia-gatica">http://www.goldmanprize.org/recipient/sofia-gatica</a></p>
<p>Photos from Argentina’s farms, documenting an agrochemical plague (Denver Post)<br />
<a href="http://blogs.denverpost.com/captured/2013/10/21/photos-argentina-agrochemicals/6446/">http://blogs.denverpost.com/captured/2013/10/21/photos-argentina-agrochemicals/6446/</a></p>
<p>Argentina&#8217;s Bad Seeds (Al Jazeera)<br />
<a href="http://www.aljazeera.com/programmes/peopleandpower/2013/03/201331313434142322.html">http://www.aljazeera.com/programmes/peopleandpower/2013/03/201331313434142322.html</a></p>
<p>Monsanto’s Harvest of Fear (Vanity Fair)<br />
<a href="http://www.vanityfair.com/politics/features/2008/05/monsanto200805">http://www.vanityfair.com/politics/features/2008/05/monsanto200805</a></p>
<p>Anti-gold mining event by ReINFORM</p>
<p><a href="http://www.reinform.nl/?p=6906">http://www.reinform.nl/?p=6906</p>
<p></a></p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=7098</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The corporation invasion</title>
		<link>http://www.reinform.info/?p=7086</link>
		<comments>http://www.reinform.info/?p=7086#comments</comments>
		<pubDate>Sun, 29 Dec 2013 11:27:36 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[TTIP/TAFTA]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=7086</guid>
		<description><![CDATA[A new treaty being negotiated in secret between the US and the EU has been specifically engineered to give companies what they want — the dismantling of all social, consumer and environmental protection, and compensation for any infringement of their assumed rights. Imagine what would happen if foreign companies could sue governments directly for cash [...]]]></description>
				<content:encoded><![CDATA[<p>A new treaty being negotiated in secret between the US and the EU has been specifically engineered to give companies what they want — the dismantling of all social, consumer and environmental protection, and compensation for any infringement of their assumed rights.<span id="more-7086"></span></p>
<div>
<p>Imagine what would happen if foreign companies could sue governments directly for cash compensation over earnings lost because of strict labour or environmental legislation. This may sound far-fetched, but it was a provision of the Multilateral Agreement on Investment (MAI), a projected treaty negotiated in secret between 1995 and 1997 by the then 29 member states of the OECD (Organisation for Economic Cooperation and Development) (<a id="nh1" title="See Lori M Wallach, “A dangerous new manifesto for global capitalism”, Le (...)" href="http://mondediplo.com/2013/12/02tafta#nb1" rel="footnote">1</a>). News about it got out just in time, causing an unprecedented wave of protests and derailing negotiations.</p>
<p>Now the agenda is back. Since July the European Union and the United States have been negotiating the Transatlantic Trade and Investment Partnership (TTIP) or Transatlantic Free Trade Agreement (TAFTA), a modified version of the MAI under which existing legislation on both sides of the Atlantic will have to conform to the free trade norms established by and for large US and EU corporations, with failure to do so punishable by trade sanctions or the payment of millions of dollars in compensation to corporations.</p>
<p><img class="aligncenter size-full wp-image-7087" alt="TAFTA" src="http://www.reinform.nl/wp-content/uploads/2013/12/TAFTA.jpeg" width="600" height="338" /></p>
<p>Negotiations are expected to last another two years. The TTIP/TAFTA incorporates the most damaging elements of past agreements and expands on them. If it came into force, privileges enjoyed by foreign companies would become law and governments would have their hands tied for good. The agreement would be binding and permanent: even if public opinion or governments were to change, it could only be altered by consensus of all signatory nations. In Europe it would mirror the Trans-Pacific Partnership (TPP) due to be adopted by 12 Pacific Rim countries, which has been fiercely promoted by US business interests. Together, the TTIP/TAFTA and the TPP would form an economic empire capable of dictating conditions outside its own frontiers: any country seeking trade relations with the US or EU would be required to adopt the rules prevailing within the agreements as they stood.</p>
<p>The TTIP/TAFTA negotiations are taking place behind closed doors. The US delegations have more than 600 corporate trade advisers, who have unlimited access to the preparatory documents and to representatives of the US administration. Draft texts will not be released, and instructions have been given to keep the public and press in the dark until a final deal is signed. By then, it will be too late to change.</p>
<h3>‘Some measure of discretion’</h3>
<p>In a moment of candour, the recently retired US trade secretary, Ron Kirk, said: “There’s a practical reason [for which] we have to preserve some measure of discretion and confidentiality” (<a id="nh2" title="“Some secrecy needed in trade talks: Ron Kirk”, Reuters, 13 May (...)" href="http://mondediplo.com/2013/12/02tafta#nb2" rel="footnote">2</a>). Secrecy was needed, he said, because the last time a draft text of such an ambitious agreement was released, the negotiations failed. This was an allusion to the Free Trade Agreement of the Americas (FTAA), an expanded version of the North American Free Trade Agreement (Nafta); the project, defended by the George W Bush administration, was posted on government websites in 2001. In response, Senator Elizabeth Warren argued that no agreement that could not withstand public scrutiny should ever be signed (<a id="nh3" title="Zach Carter, “Elizabeth Warren Opposing Obama Trade Nominee Michael Froman”, (...)" href="http://mondediplo.com/2013/12/02tafta#nb3" rel="footnote">3</a>).</p>
<p>It’s easy to see why the US negotiators are keen to keep the TTIP/TAFTA negotiations secret. They are in no hurry to explain the impact the agreement would have at every level of government: federal, state and local authorities would be obliged to revise their policies from top to bottom so as to satisfy the appetite of the private sector in those sectors over which it does not yet have complete control. Food safety, chemical and toxics standards, healthcare and drug prices, Internet freedom and consumer privacy, energy and cultural “services”, patents and copyrights, natural resources, professional licensing, public utilities, immigration, government procurement: there is not one sphere of public interest that would not be subject to institutionalised free trade. The involvement of political representatives would be limited to negotiating with the private sector for the few crumbs of sovereignty it was willing to leave them.</p>
<p>The obligation of signatory countries to “ensure conformity of their laws, regulations and administrative procedures” to these terms would be strongly enforced. They would certainly be keen to honour the terms, since failure to do so would subject countries to legal challenges before tribunals specially created to arbitrate between investors and states, and having the power to authorise trade sanctions against the latter.</p>
<p>This is in line with other trade pacts already in force. Last year the World Trade Organisation (WTO) condemned the US over its rules on the “dolphin-safe” labelling of tuna and country-of-origin labelling of meat, and for banning candy-flavoured cigarettes, which it ruled were barriers to free trade. The WTO also ordered the EU to pay hundreds of millions of euros in penalties over its ban on imports of genetically modified organism (GMO) foods. The TTIP/TAFTA and the TPP would allow foreign companies to attack any signatory country whose policies impacted on their profits.</p>
<p>Companies would be able to demand compensation from countries whose health, financial, environmental and other public interest policies they thought to be undermining their interests, and take governments before extrajudicial tribunals. These tribunals, organised under World Bank and UN rules would have the power to order taxpayers to pay extensive compensation over legislation seen as undermining a company’s “expected future profits”.</p>
<h3>Investor versus state</h3>
<p>This “investor-state” (investor versus state) agenda, which seemed to have been derailed along with the MAI in 1998, has been quietly reintroduced over the years. A series of trade agreements signed by the US has forced taxpayers to pay more than $400m of compensation to companies over toxics bans and rules on the use of land, water and timber resources (<a id="nh4" title="“Table of foreign investor-state cases and claims under Nafta and other US (...)" href="http://mondediplo.com/2013/12/02tafta#nb4" rel="footnote">4</a>). Under these agreements, more than $14bn remains pending in corporate claims over drug patent, anti-pollution, climate, energy and other public interest policies.</p>
<p>The TTIP/TAFTA would vastly increase the bill for this legalised extortion, given the scale of the transatlantic trade interests at stake. Some 3,300 EU parent companies own more than 24,200 subsidiaries in the US, any one of which could decide to bring a claim. The scale of the threat far exceeds that associated with all previous agreements. The EU would be exposed to an even greater financial threat, given that 14,400 US-based corporations own more than 50,800 subsidiaries in Europe. In total, the TTIP/TAFTA would enable 75,000 companies in the US and the EU to attack public funds.</p>
<p>The investor-state regime was officially intended to ensure that foreign investors operating in developing countries without reliable court systems would obtain compensation if they were subjected to expropriation. But the US and the EU have strong judicial systems that fully uphold property law. The TTIP/TAFTA’s inclusion of this regime reveals that its aim is not investor protection but corporate empowerment.</p>
<p>The business lawyers who make up the tribunals are not accountable to any electorate. Many of them alternate between serving as judges and bringing cases for corporate clients against governments (<a id="nh5" title="“Treaty disputes roiled by bias charges”, Bloomberg, 10 July 2013." href="http://mondediplo.com/2013/12/02tafta#nb5" rel="footnote">5</a>). The club of international investment lawyers is very small: 15 of them have handled 55% of all the cases examined to date. There is no appeal mechanism for their decisions.</p>
<h3>‘Rights’ to protect</h3>
<p>The “rights” the tribunals are supposed to protect are formulated in deliberately vague language, and are interpreted in a way that rarely serves the interests of the greatest possible number. They include the “right” to a regulatory framework that conforms to a corporation’s “expectations” — meaning that governments must not make any changes to regulatory policies once the investment has been made. Another “right” is to compensation for “indirect expropriation” — meaning that governments must pay if a regulatory policy diminishes the value of an investment even if such a policy applies equally to domestic and foreign firms. The tribunals also recognise the right of investors to acquire ever more land, resources, utilities and factories. The companies are not required to do anything in return: they have no obligation to the state and can pursue their activities when and wherever they like.</p>
<p>Some investors have a very broad conception of their rights. European companies have recently launched legal actions against the raising of the minimum wage in Egypt; Renco has fought anti-toxic emissions policy in Peru, using a free trade agreement between that country and the US to defend its right to pollute (<a id="nh6" title="Public Citizen, “Renco uses US-Peru FTA to evade justice for La Oroya (...)" href="http://mondediplo.com/2013/12/02tafta#nb6" rel="footnote">6</a>). US tobacco giant Philip Morris has launched cases against Uruguay and Australia over their anti-smoking legislation. US pharmaceutical manufacturer Eli Lilly has mounted an attack using the Nafta against Canada for setting patent standards that will help to ensure access to affordable medicines. And Swedish energy firm Vattenfall is using the investor-state regime to demand billions of dollars in compensation from Germany over its coal-fired electricity plant regulations and its phase-out of nuclear energy.</p>
<p>There is no limit to the amount of money a tribunal can order a government to pay a foreign company. A year ago, Ecuador was ordered to pay an oil company over $2bn (<a id="nh7" title="“Ecuador to fight oil dispute fine”, Agence France-Presse, 13 October (...)" href="http://mondediplo.com/2013/12/02tafta#nb7" rel="footnote">7</a>). Even when governments win, they must pay the tribunal’s costs and legal fees, which average $8m per case, wasting scarce resources on defending public interest policies against corporate challenges. Governments often prefer to settle out of court: Canada avoided going before a tribunal by hastily reversing a ban on a toxic petrol additive.</p>
<p>The number of investor-state cases is growing. The UN Conference on Trade and Development reports a tenfold increase in the cumulative number of cases since 2000 (despite the fact that the system has existed since the 1950s). More cases were launched in 2012 than ever before.  An entire industry of third party financing and specialist law firms has sprung up.</p>
<p>The establishment of a transatlantic free trade agreement is a longstanding project of the Trans-Atlantic Business Dialogue (TABD), a programme of the Trans-Atlantic Business Council (TBC). The TABD was created in 1995 by the US Department of Commerce and the European Commission to establish a direct dialogue between US and EU business leaders, US cabinet secretaries and EU commissioners. The TBC provides a forum for the largest US and EU corporations to coordinate attacks on consumer, environmental, climate and other public interest policies on either side of the Atlantic.</p>
<p>Their publicly expressed goal is to eliminate what they call “trade irritants”, which limit their ability to operate under the same rules in the US and EU, without government interference. “Regulatory convergence” and “mutual recognition” are the slogans they use to encourage governments to allow products and services that do not meet domestic standards.</p>
<h3>Rewriting the script</h3>
<p>But rather than calling for a relaxation of existing legislation, the transatlantic market activists propose to rewrite these themselves. The US Chamber of Commerce and BusinessEurope, two of the world’s largest business organisations, have called on TIPP-TAFTA negotiators to arrange for major industry stakeholders on both sides of the Atlantic to be “at the table with regulators to essentially co-write regulation.”</p>
<p>The corporate interests have been remarkably candid about their goals, for example rolling back GMO regulation. Half of US states are now considering GMO labelling requirements, a move supported by more than 80% of US consumers, many of whom regard the EU system with envy, but firms that produce and use GMOs are pushing for the TTIP/TAFTA to ban GMO labelling. The US National Confectioners Association has bluntly stated: “US industry also would like to see the US-EU FTA achieve progress in removing mandatory GMO labelling and traceability requirements.” The Biotechnology Industry Organization (BIO), a corporate alliance that includes Monsanto, is concerned that GMO products sold in the US are not automatically approved in the EU. The firms complain of the “significant and growing gap between the deregulation of a new biotechnology products in the United States and the approval of those products in the EU” (<a id="nh8" title="Comments on the TTIP submitted to the US trade representative by the (...)" href="http://mondediplo.com/2013/12/02tafta#nb8" rel="footnote">8</a>). Monsanto and other BIO firms hope that the TTIP/TAFTA can be used to push through the “burgeoning backlog of GM products awaiting approval/processing” (<a id="nh9" title="“EU-U.S. High Level Working Group on Jobs and Growth; Response to (...)" href="http://mondediplo.com/2013/12/02tafta#nb9" rel="footnote">9</a>).</p>
<p>The offensive is equally vigorous over personal privacy. The Digital Trade Coalition, a group of high-tech and Internet companies, has encouraged TTIP/TAFTA negotiators to ensure that EU data privacy policies do not encumber the flow of personal data into the US. After the recent revelations of the US National Security Agency’s (NSA) indiscriminate data spying programmes, the tech corporations’ statement that “the current judgment of the EU that the US does not provide ‘adequate’ privacy protection is not reasonable” seems particularly outrageous. The US Council for International Business, which includes companies such as Verizon that have handed vast quantities of personal data over to the NSA, has stated: “The agreement should seek to circumscribe exceptions, such as security and privacy, to ensure they are not used as disguised barriers to trade.”</p>
<p>Food safety is also a target. The US meat industry is seeking to use the TTIP/TAFTA to remove the EU ban on the post-slaughter dipping of meat in chlorine. The North American Meat Association laments that “only the application of water and steam are permitted for use on meat carcasses by the EU.” Restaurants International, the owner of Kentucky Fried Chicken, explicitly asks that the TTIP/TAFTA be used to change EU food safety standards so that Europeans can buy chlorinated KFC. The American Meat Institute protests that “the EU continues to maintain its unjustified ban on meat produced with beta-agonist technologies, such as ractopamine hydrochloride.”</p>
<p>Ractopamine is a drug used to promote leanness of meat in cattle and pigs. It has been banned or limited in 160 nations (including EU member states, Russia and China) due to potential risks to human and animal health. The National Pork Producers Council sees these protective measures as a distortion of the principle of free trade that the TIPP-TAFTA must rectify urgently: “US pork producers will not accept any outcome other than the elimination of the EU ban on the use of ractopamine in the production process.” Meanwhile, BusinessEurope, Europe’s largest corporate group, states: “Key non-tariff barriers affecting EU exports to the US include the US Food Safety Modernization Act.” In force since 2011, it authorises the US Food and Drug Administration to recall contaminated food, a prerogative that European corporations would apparently like to see removed via the TTIP/TAFTA.</p>
<p>Airlines for America (A4A), the biggest US airline industry association, has drawn up a list of “needless regulations [that] impose a substantial drag on our industry” — which they hope can be dismantled via the TTIP/TAFTA. First is the EU Emissions Trading Scheme, Europe’s central climate change policy, which required airlines to pay for carbon emissions. A4A labels the policy a “barrier to progress,” asking that the scheme’s current temporary suspension be made permanent.</p>
<h3>Return to Thatcherism</h3>
<p>But the most determined enemy of regulation is the financial sector. Five years after the global financial crisis, the US and EU negotiators have agreed that regulation has had its day. The framework they want to put in place would remove all safeguards on high-risk investments and prevent governments from controlling the volume, nature or origin of financial products on the market. Basically, the word “regulation” would be removed from the dictionary.</p>
<p>Where has this return to Thatcherism come from? The Association of German Banks has “concerns” about the (timid) reform of Wall Street after the financial crisis of 2008. The association includes Deutsche Bank, which received hundreds of billions of dollars from the US Federal Reserve in 2009, in exchange for mortgage-backed securities (<a id="nh10" title="“Fed Opens Books, Revealing European Megabanks were Biggest Beneficiaries”, (...)" href="http://mondediplo.com/2013/12/02tafta#nb10" rel="footnote">10</a>). Deutsche Bank takes issue with the Volcker Rule, a centrepiece of the Wall Street reform, calling it “much too extraterritorially burdensome for non-US banks”. Insurance Europe, a federation of European insurance firms, has stated its hope that the TIPP-TAFTA can be used to “remove” collateral requirements that keep financial firms from taking on high-risk investments.</p>
<p>The European Services Forum, another association of which Deutsche Bank is a member, is lobbying at the transatlantic negotiations for US regulators to stop interfering in the affairs of big foreign banks operating in the US. US financial firms hope that the TTIP/TAFTA will bury, once and for all, EU plans for a tax on financial transactions. This already seems likely, given that the European Commission has decided that such a tax would go against WTO rules (<a id="nh11" title="Public Citizen, “Europe admits speculation taxes a WTO Problem”, Public (...)" href="http://mondediplo.com/2013/12/02tafta#nb11" rel="footnote">11</a>). Since the transatlantic free trade zone promises neoliberalism even more unfettered than that provided by the WTO, and the International Monetary Fund is opposed to any kind of controls on the movement of capital, the Tobin tax is no longer of much concern to anyone in the US.</p>
<p>Financial services would not be the only sector deregulated. The TIPP-TAFTA would open up to competition all “invisible” and public interest sectors. Signatory states would be obliged to submit their public services to market forces, and to abandon all regulation of foreign service providers operating within their territories. This would reduce to almost nothing the room for policy manoeuvre in health, energy, education, water and transport. The TTIP/TAFTA would even cover immigration, its promoters giving themselves the power to establish a common border policy — to facilitate the entry of those who have goods or services to sell to the detriment of others.</p>
<p>The pace of negotiations has quickened over the last few months. In Washington, the conventional wisdom is that European leaders are desperate for anything that will revive economic growth, even sacrificing social protections. The argument put forward by the promoters of the TIPP-TAFTA — that deregulated free trade would encourage trade and create jobs — seems to count for more than fears of social upheaval. Yet the remaining tariffs between the US and the EU are “already quite low” (<a id="nh12" title="Letter from Demetrios Marantis, US trade representative, to John Boehner, (...)" href="http://mondediplo.com/2013/12/02tafta#nb12" rel="footnote">12</a>), as the US trade representative acknowledges. The TTIP/TAFTA’s creators admit that the primary goal is not tariff reduction, but the “elimination, reduction, or prevention of unnecessary behind the border” policies (<a id="nh13" title="Final report of the High Level Working Group on Jobs and Growth (PDF), 11 (...)" href="http://mondediplo.com/2013/12/02tafta#nb13" rel="footnote">13</a>), such as domestic financial regulations, climate policies, food safety standards and product safety rules.</p>
<p>The few studies of the likely impact of the TIPP-TAFTA do not dwell on its social and economic consequences. A frequently cited report by the European Centre for International Political Economy claims that it will deliver economic benefits equivalent to three extra US cents per person per day — from 2029 onwards (<a id="nh14" title="“TAFTA’s Trade Benefit: a Candy Bar”, Public Citizen, 11 July 2013." href="http://mondediplo.com/2013/12/02tafta#nb14" rel="footnote">14</a>).</p>
<p>Despite this optimism, the same study estimates the increase in GDP in the EU and US resulting from the TIPP-TAFTA at only 0.06%. Even this is unrealistically high, since it assumes that free trade leads to strong economic growth, a theory regularly disproved by events. Economists estimate that the introduction of the fifth version of Apple’s iPhone delivered a GDP increase up to eight times higher than the projected effect of the TTIP/TAFTA.</p>
<p>Nearly all the studies on the TTIP/TAFTA have been funded by institutions in favour of free trade or by business organisations, which is why they do not mention its social costs or its direct victims, who could number in the hundreds of millions. But all is not yet lost. The fate of the MAI, the FTAA and some rounds of the WTO negotiations indicates that attempts to use trade as a sly way to dismantle social safeguards and install a junta of business leaders can be blocked.</p>
<p>Source: http://mondediplo.com/2013/12/02tafta</p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=7086</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>European Commission nominates food lobbyist to EU food safety agency&#8217;s management board &#8211; again</title>
		<link>http://www.reinform.info/?p=6992</link>
		<comments>http://www.reinform.info/?p=6992#comments</comments>
		<pubDate>Thu, 05 Dec 2013 08:00:21 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[European Commission]]></category>
		<category><![CDATA[lobbies]]></category>
		<category><![CDATA[Multinationals]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=6992</guid>
		<description><![CDATA[The European Commission&#8217;s Health and Consumers Directorate (SANCO) has short-listed a director of the biggest EU food industry lobby group FoodDrinkEurope among the candidates to the management board of the European Food Safety Authority (EFSA). Ms. Beate Kettlitz works in a leading position for the lobby group, which represents all major European food and drink [...]]]></description>
				<content:encoded><![CDATA[<p lang="en-US">The European Commission&#8217;s Health and Consumers Directorate (SANCO) has short-listed a director of the biggest EU food industry lobby group FoodDrinkEurope among the candidates to the management board of the European Food Safety Authority (EFSA). Ms. Beate Kettlitz works in a leading position for the lobby group, which represents all major European food and drink corporations. It is the second year in a row that the Commission has tried to appoint representatives from FoodDrinkEurope as members of EFSA&#8217;s management board: just one year ago, the European Commission nominated FoodDrinkEurope&#8217;s executive director Mella Frewen<sup><a href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#sdfootnote1sym" name="sdfootnote1anc"></a> </sup><a id="footnoteref1_hcmqjd8" title="http://www.testbiotech.org/node/661" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote1_hcmqjd8">1</a> (a former Monsanto lobbyist). Her appointment was rejected by the European Parliament and member states.<span id="more-6992"></span></p>
<p lang="en-US"><img class="alignleft size-full wp-image-6993" alt="fox_0" src="http://www.reinform.nl/wp-content/uploads/2013/12/fox_0.jpg" width="363" height="469" />EFSA is responsible for the risk assessment of all issues related to food and feed safety including genetically engineered plants, pesticides and food additives. Its management board is the food agency&#8217;s governing body, also in charge of its independence<a id="footnoteref2_j8piy3b" title="http://www.efsa.europa.eu/en/efsawho/mb.htm" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote2_j8piy3b">2</a>. EFSA&#8217;s independence remains problematic today, with numerous conflicts of interests with industry reported among its scientific panels<a id="footnoteref3_33by9t0" title="Unhappy meal. The European Food Safety Authority's independence problem, Stéphane Horel &amp; Corporate Europe Observatory, 23 October 2013, http://corporateeurope.org/efsa/2013/10/unhappy-meal-european-food-safety-authoritys-independence-problem" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote3_33by9t0">3</a>.</p>
<p lang="en-US">“The fact that the European Commission shortlists a food industry lobbyist, once again, for EFSA&#8217;s management board is an incomprehensible signal for all those concerned about the protection of consumers and the environment. Such a professional on EFSA&#8217;s board would by definition be a permanent threat to the EU&#8217;s food safety agency&#8217;s independence” says Martin Pigeon, a researcher at Corporate Europe Observatory.</p>
<p lang="en-US">Seven seats on EFSA&#8217;s management board are up for renewal in June 2014. The European Commission has published a list of 23 names, mostly from national food safety agencies, research institutes and academia<a id="footnoteref4_iqnyamk" title="http://ec.europa.eu/food/efsa/list_candidates_2013_en.htm" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote4_iqnyamk">4</a> for the EU Parliament&#8217;s consideration and the member states&#8217; decision. But four persons among those short-listed also have interests in the food industry:</p>
<ul>
<li>
<p lang="en-US">Jan Mousing, re-applying for the position, is the CEO of the Danish Knowledge Centre for Agriculture, a private company describing itself as the “main supplier of professional knowledge for the agricultural professions” in Denmark;</p>
</li>
<li>
<p lang="en-US">Piet Vanthemsche, who is also re-applying for the position, holds a leading position in industrial farmers union COPA and also sits in MRBB holding, an agri investment fund which also has shares in companies selling GMOs<a id="footnoteref5_ypw6s9m" title="http://corporateeurope.org/sites/default/files/2011-02-23_mb_report.pdf" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote5_ypw6s9m">5</a>.</p>
</li>
<li>
<p lang="en-US">Alan Reilly, chief executive of the Irish Food Safety Authority (Ireland&#8217;s public food safety administration), is also a member of the Scientific Advisory Board of the European Food Information Council (EUFIC)<a id="footnoteref6_4ckc01k" title="www.eufic.org/page/en/page/ONEUFIC/" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote6_4ckc01k">6</a>, a Brussels-based food lobby group financed by the some of the largest private food and drink companies in Europe<a id="footnoteref7_ysmqkne" title="www.eufic.org/article/en/page/ONEUFIC/rid/eufic-scientific-advisory-board/" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote7_ysmqkne">7</a>.</p>
</li>
<li>
<p lang="en-US">Milan Kovac, from the Slovak Ministry of Agriculture, was a board member of ILSI Europe until 2011. ILSI Europe, an industry research institute supported by all the biggest agrofood multinationals, is a central actor in the agrofood industry&#8217;s scientific influence over EFSA<a id="footnoteref8_j9erprg" title="http://corporateeurope.org/sites/default/files/ilsi-article-final.pdf" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote8_j9erprg">8</a>.</p>
</li>
</ul>
<p>The Commission&#8217;s justification for these nominations is an industry-friendly interpretation of EFSA&#8217;s founding regulation, which states that four of the 14 board members “shall have a background in organisations representing consumers and other interests in the food chain”. But nowhere is it mentioned that the food industry should be involved, in fact quite the contrary: EFSA&#8217;s 2011 independence rules stipulate that “persons employed by industry shall not be allowed to become members of EFSA&#8217;s scientific committee, scientific panels and working groups<a id="footnoteref9_p5qekca" title="http://www.efsa.europa.eu/en/keydocs/docs/independencerules.pdf" href="http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management#footnote9_p5qekca">9</a>.</p>
<p>Source: http://corporateeurope.org/pressreleases/2013/12/european-commission-nominates-food-lobbyist-eu-food-safety-agencys-management</p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=6992</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Anti-Gold mining info evening: An attempt to build a strategy platform</title>
		<link>http://www.reinform.info/?p=6906</link>
		<comments>http://www.reinform.info/?p=6906#comments</comments>
		<pubDate>Thu, 21 Nov 2013 11:24:54 +0000</pubDate>
		<dc:creator>disorderisti</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Movement]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[protest]]></category>
		<category><![CDATA[ReINFORM]]></category>
		<category><![CDATA[Romania]]></category>
		<category><![CDATA[Skouries]]></category>
		<category><![CDATA[Solidarity]]></category>
		<category><![CDATA[tax evasion]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=6906</guid>
		<description><![CDATA[On Sunday 8th of December ReINFORM invites you to an info evening about anti-gold mining struggles. Following our last action on November 9th for Skouries international day, we are extending our scope to build a network on mutual struggles taking place all over the world. El Dorado Gold Co. is involved in mining activities in [...]]]></description>
				<content:encoded><![CDATA[<p style="text-align: left;">On Sunday 8<sup>th</sup> of December<strong> ReINFORM</strong> invites you to an info evening about anti-gold mining struggles.</p>
<p>Following our last action on November 9<sup>th</sup> for <a href="http://www.reinform.nl/?p=6738" target="_blank"><strong>Skouries</strong> international day</a>, we are extending our scope to build a network on mutual struggles taking place all over the world. <strong>El Dorado Gold Co</strong>. is involved in mining activities in Greece, Romania, Turkey, China, Brazil and Canada among others.</p>
<div class="brdr2"></div>
<p>The evening will include:</p>
<ul>
<li>screenings of short documentaries and presentation of the case of Skouries providing an insight of the related economic, environmental and social outrage</li>
<li>live streaming via Skype with people from <a href="http://antigoldgr.org/en/" target="_blank"><strong>Skouries</strong></a> [Greece], <a href="http://rosiamontana.org/en/" target="_blank"><strong>Rosia Montana</strong></a> [Romania] and solidarity groups who are going to provide a closer look into their struggles</li>
<li>presentation from <a href="http://somo.nl/about-somo" target="_blank"><strong>SOMO</strong></a>; an independent, non-profit research and networking organization that investigates multinational corporations and the consequences of their activities for people and the environment around the world</li>
</ul>
<div class="brdr2"></div>
<p><a href="http://www.reinform.nl/?attachment_id=6929" rel="attachment wp-att-6929"><img class="size-full wp-image-6929 alignright" alt="Final" src="http://www.reinform.nl/wp-content/uploads/2013/11/Final.jpg" width="319" height="415" /></a></p>
<p>Large scale extracting activities threaten to<strong> <a href="https://vimeo.com/79184062" target="_blank">destroy a forest</a> </strong>of incredible beauty and ecological value in Halkidiki, North Greece. El Dorado Gold Co, with <a href="http://www.reinform.nl/?p=5053" target="_blank"><strong>open support from the Greek state and private interest groups,</strong></a> is involved in an immense mining project that will alter the character of the entire region.</p>
<p>The social movement of protest and resistance to these destructive plans <strong><a href="http://www.reinform.nl/?p=6468" target="_blank">has suffered terrible state repression, police violence, prosecutions, imprisonments, defamation, muzzling and criminalization</a>.</strong></p>
<p>With the help of SOMO we will look into the status of El Dorado Gold Co. regarding the violation of human rights, the environmental law infringement and the cash flows through mailbox and offshore companies.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Introducing the available research tools, we aim to create a platform that can take on this research and strengthen the links between all the involved actors.</strong></p>
<p>If you are interested you are welcome to join this cause and contribute with new ideas.</p>
<p>&nbsp;</p>
<p align="right"><strong><i>The evening will start with a collective kitchen at 17:30 and will end with open bar.</i></strong></p>
<p align="right"><i> </i></p>
<p><i>Place:<a href="http://www.joesgarage.nl/" target="_blank"><strong> Joe’s garage</strong></a></i></p>
<p><i><strong>Pretoriusstraat</strong> 43hs, 1092 EZ, Amsterdam.<a href="http://www.reinform.nl/?attachment_id=6908" rel="attachment wp-att-6908"><img class="size-full wp-image-6908 alignright" alt="ReINFORM_logo1" src="http://www.reinform.nl/wp-content/uploads/2013/11/ReINFORM_logo1.jpg" width="122" height="27" /></a></i></p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=6906</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Greece&#8217;s NBG nears deal to sell property unit: sources</title>
		<link>http://www.reinform.info/?p=6899</link>
		<comments>http://www.reinform.info/?p=6899#comments</comments>
		<pubDate>Mon, 18 Nov 2013 08:39:24 +0000</pubDate>
		<dc:creator>dimitriswright</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[HFSF]]></category>
		<category><![CDATA[Invel]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[privatizations]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=6899</guid>
		<description><![CDATA[National Bank of Greece, the country&#8217;s largest lender, is close to clinching a deal to sell a majority stake in its fully-owned real estate arm Pangaia to private equity firm Invel Real Estate, two bankers close to the deal told Reuters on Sunday. The sale is part of restructuring efforts by National Bank (NBG) (NBGr.AT) [...]]]></description>
				<content:encoded><![CDATA[<p>National Bank of Greece, the country&#8217;s largest lender, is close to clinching a deal to sell a majority stake in its fully-owned real estate arm Pangaia to private equity firm Invel Real Estate, two bankers close to the deal told Reuters on Sunday.<span id="more-6899"></span></p>
<p>The sale is part of restructuring efforts by National Bank (NBG) (<a href="http://mobile.reuters.com/quoteSearchResults?symbol=NBGr.AT&amp;irpc=932">NBGr.AT</a>) aimed at boosting its capital base.</p>
<p><img class="aligncenter size-full wp-image-6900" alt="nbg" src="http://www.reinform.nl/wp-content/uploads/2013/11/nbg.jpg" width="273" height="185" /></p>
<p>Greece&#8217;s top four banks are implementing restructuring plans agreed with the European Commission as part of conditions imposed for their bailouts. The plans involve job cuts, branch closures and asset sales.</p>
<p>&#8220;The agreement will close in the next 10 days. Invel will acquire about 66 percent of Pangaia for more than 600 million euros ($808 million),&#8221; one of the bankers said.</p>
<p>Invel will pay part of the purchase price for Pangaia in cash, contribute equity in the form of real estate and finance the rest with a loan from National Bank, the bankers said.</p>
<p>Dutch-based Invel was set up in March 2013 to take advantage of opportunities in the European real estate market by offering investors the ability to co-invest in deals.</p>
<p>BSG Real Estate, controlled by Israeli businessman Beny Steinmetz, will be one of the co-investors in the transaction, the bankers said.</p>
<p>&#8220;NBG will retain management control at Pangaia for five years,&#8221; the other banker said. &#8220;The loan by NBG for part of the majority stake will be at a spread of 275 basis points, secured by real estate contributed by Invel.&#8221;</p>
<p>The bankers said the sale would strengthen National Bank&#8217;s Core Tier 1 capital adequacy ratio by 40 basis points to 9.6 percent. The Bank of Greece plans to conduct stress tests later this year.</p>
<p>Pangaia&#8217;s real estate portfolio includes office buildings, branches operated by NBG and other property recently acquired from the country&#8217;s privatization agency.</p>
<p>Pangaia may pursue a listing on the Athens stock exchange by 2015, one of the bankers said.</p>
<p>The agreement has been approved by the Hellenic Financial Stability Fund (HFSF), the bank rescue vehicle that recapitalized the country&#8217;s big four banks in the summer and is now their major shareholder, one of the bankers said.</p>
<p>Last month, Canadian firm Fairfax Financial Holdings (<a href="http://mobile.reuters.com/quoteSearchResults?symbol=FFH.TO&amp;irpc=932">FFH.TO</a>) announced its intention to raise its stake in Greek real estate firm Eurobank Properties.</p>
<p>(Editing by Jason Neely and Keiron Henderson)</p>
<p>Source: <a href="http://mobile.reuters.com/article/idUSBRE9AG06Z20131117?irpc=932">http://mobile.reuters.com/article/idUSBRE9AG06Z20131117?irpc=932</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=6899</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gold is our land, gold is our water, gold is the mountain and our beautiful village</title>
		<link>http://www.reinform.info/?p=6738</link>
		<comments>http://www.reinform.info/?p=6738#comments</comments>
		<pubDate>Sun, 03 Nov 2013 23:21:12 +0000</pubDate>
		<dc:creator>disorderisti</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Movement]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[protest]]></category>
		<category><![CDATA[ReINFORM]]></category>
		<category><![CDATA[Skouries]]></category>
		<category><![CDATA[Solidarity]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=6738</guid>
		<description><![CDATA[International Action Day Against Gold Mines in Halkidiki  9 / 11 / 2013 Halkidiki is a peninsula of Northern Greece, with a very diverse, biologically important natural landscape, combining mountainous primordial forests with beautiful coastline. Part of it belongs to NATURA 2000 network and is protected by international conventions. Halkidiki’s landscape is also of historically [...]]]></description>
				<content:encoded><![CDATA[<p align="center"><strong>International Action Day Against Gold Mines in Halkidiki</strong></p>
<p align="center"><strong> 9 / 11 / 2013</strong></p>
<p><strong>Halkidiki</strong> is a peninsula of Northern Greece, with a very diverse, biologically important natural landscape, combining mountainous primordial forests with beautiful coastline. Part of it belongs to NATURA 2000 network and is protected by international conventions. Halkidiki’s landscape is also of historically and culturally precious as it is the mother land of Aristotle the philosopher (384 BC).</p>
<p>Mining in the area goes back 2500 years. But today, as well as back then, locals are depended on nature, as the 80% of main activities are farming, fishing, animal husbandry, forestry and tourism. <strong>People of Halkidiki have been active against the destruction of their land since the 50’s but it was not until their recent fights when thy caught international attention.</strong></p>
<p>All started in 2003, when a <strong>big political scandal broke out</strong>. The Canadian company <strong>TVXgold</strong> owning at the time the assets of Cassandra mines, transferred them <strong>by law to the Greek state for 11 million €</strong>. <strong>They were sold the same day to Hellas Gold S.A without any prior assessment nor an open competition. The minerals deposits alone were worth 12 billion $. For this action, EU fined Greece with 15, 3 million €.</strong></p>
<p>Today, <strong>Hellas Gold S.A is owned 95 % by the Canadian Eldorado Gold</strong> Corporation which <strong>is based in The Netherlands</strong> as a letterbox company and <strong>5 % by G. Bobolas</strong>, the powerful Greek media and construction persona. According to the Greek constitution, the owner has full possession of the minerals while the state requires no royalties. In 2012 and despite a broad reaction from the scientific community against the accuracy of the official Environmental Impact Assessment, deforestation begun and full scale mining activities set off.</p>
<p>Even in 2011, residents of the nearby villages and later people throughout Greece, have started a heroic fight to protect their right to health, safety and jobs and to safeguard their natural environment. The TROIKA driven Greek state, obsessed with promoting its hilarious “success story” plan is rushing out to close their mouths. <strong>Riot police suppressed violently all demonstrations</strong> first in Skouries area and later all around the villages. <strong>Old and young attacked with tear gas and rubber bullets, peacefully protesting women dragged down and hit, DNA samples were taken by force, houses illegally broke and entered by the police. Basic human rights were  suppressed again and again with the compliments of the Greek state.</strong></p>
<p>Most of the <strong>mainstream Greek media</strong> has openly <strong>supported Eldorado Gold Co and G. Bobolas</strong> by propagating in favor of its savior investment for the Greek local economy and against the “extremist” social struggle. Despite the efforts of the state to suppress any authentic expression of the struggling people, <strong>recently including charging them for “forming a criminal organization” – the same charge addressed to the neo – Nazi Golden Dawn</strong> and even prosecuting and <strong>imprisoning 4 of them</strong>, the Halkidiki movement is more alive than ever. In September 2013, verifying the fears of the ones rising concerns about environmental threats, <strong>drinking water around the mine of Skouries has been considered inappropriate for consumption due to high concentrations of Arsenic.</strong> Additionally, a minor toxic wastes accident warns that environmental regulations around mining activities might as well not be followed.</p>
<p><strong>We raise our voice with all those in Roumania, Spain, Finland. N. Ireland, Bulgaria, Sweden, Turkey and in many other anti mining movements in Latin America, Africa and rest of the world, that a success story cannot involve industrialization of the region at the expense of all other means of production and increase of social dependency on a multinational corporation. Halkidiki’s struggle is our struggle for standing up to one’s believes, for safeguarding social protests, for protecting the constitutional rights of the citizens.</strong></p>
<p>&nbsp;</p>
<p>Halkidiki is reaching out to you. Inform yourself and go – engage.</p>
<p><strong>Together we are stronger!</strong></p>
<p>&nbsp;</p>
<p>ReINFORM</p>
<p align="center"><strong><em>“Gold is our land, gold is our water, gold is the mountain and our beautiful village”</em></strong></p>
<p><a href="http://www.reinform.nl/?attachment_id=6740" rel="attachment wp-att-6740"><img class="size-full wp-image-6740 aligncenter" alt="sk" src="http://www.reinform.nl/wp-content/uploads/2013/11/sk1.jpg" width="480" height="327" /></a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=6738</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The real agenda behind cutting red tape</title>
		<link>http://www.reinform.info/?p=6714</link>
		<comments>http://www.reinform.info/?p=6714#comments</comments>
		<pubDate>Tue, 29 Oct 2013 09:32:58 +0000</pubDate>
		<dc:creator>disorderisti</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Multinationals]]></category>
		<category><![CDATA[Neoliberalism]]></category>

		<guid isPermaLink="false">http://www.reinform.nl/?p=6714</guid>
		<description><![CDATA[By Magda Stoczkiewicz BRUSSELS - One of the worrying issues that emerged from last week’s European Council in Brussels is the ‘cut red tape’ initiative promoted by UK Prime Minister David Cameron. The proposal, which was welcomed by other EU leaders, is cause for alarm and threatens the protection of European citizens and the environment. [...]]]></description>
				<content:encoded><![CDATA[<p><strong><em>By Magda Stoczkiewicz</em></strong></p>
<p><strong>BRUSSELS -</strong> One of the worrying issues that emerged from last week’s European Council in Brussels is the ‘cut red tape’ initiative promoted by UK Prime Minister David Cameron.</p>
<p>The proposal, which was welcomed by other EU leaders, is cause for alarm and threatens the protection of European citizens and the environment.</p>
<p>The initiative is based on a report prepared by a UK Business Task Force specifically appointed by Cameron to advise him on identifying burdensome EU regulations.</p>
<p><strong>Red tape</strong>, by definition, <strong>refers to regulations and policies that are unnecessary and do not serve society’s interests.</strong> The recommendations of the Business Task Force to withdraw, change, or weaken EU regulations have very little to do with addressing red tape.</p>
<p><strong>The measures targeted include</strong> important pieces of regulation such as <strong>food labelling, safeguards against chemical poisoning, rules on greenhouse gas emissions from engine fuels, the rights of communities to be informed about industry activities affecting their environment, and rights to be able to take a company to court when it violates the rules.</strong></p>
<p>What is under attack are essential measures to protect people and the environment in areas such as <strong>health and safety, data protection, climate change and labour and consumer rights.</strong></p>
<p>We should be alarmed that European leaders do not recognise the social and environmental benefits of the safeguards business is trying to undermine, nor that these are an essential component of a positive economic environment.</p>
<p>Few businesses stand to benefit long-term from a world of depleted resources, environmental damage, and an unhealthy workforce.</p>
<p>A consultant report commissioned by the European Commission High-Level Group on reducing administrative burdens already found that <strong>more than 80 percent of EU red tape originates from a couple of policy areas – taxation and company law.</strong></p>
<p>Only 1 percent of the burden relates to environmental rules such as the ones that ‘Cut EU Red Tape’ would like to get rid of.</p>
<p><strong>This is revealing of the real agenda behind this initiative. When regulation serves the direct profits of big business, it is welcomed. When not, it is labelled red tape.</strong></p>
<p>A real reform agenda would initiate an urgent transition away from the drive for short-term profits that has led us into the current crisis situation and towards a new economy based on sustainability principles.</p>
<p><a href="http://euobserver.com/opinion/121927" target="_blank"></p>
<blockquote><p>&nbsp;</p>
<p><strong>http://euobserver.com/opinion/121927</strong></p></blockquote>
<p></a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.reinform.info/?feed=rss2&#038;p=6714</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
