Thread: The Economic Crisis Ends; the Political Crisis Begins

The Economic Crisis Ends; the Political Crisis Begins


by Shamus Cooke
Global Research
December 24, 2009



First Iceland, then Ireland, now Greece. Much of Europe is mired in inescapable debt and bankrupt nations, the result of crashing banks, bank bailouts, and soaring unemployment. The U.S. and U.K. watch from a distance, knowing their turn is next.

The European corporate-elite — like their American counterparts — lavished non-stop praise on the “bold yet necessaryâ€

Unions and community organizations should begin organizing now in anticipation, with demands to tax the rich and corporations, and to save Social Security, Medicare, and public education.

Did we walk right into this one, or where we led by the nose?