Fwd: CC News Letter, 18 May - The Moment Of Truth In Europe

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From: Countercurrents <editor@countercurrents.org>
Date: Fri, May 18, 2012 at 10:11 PM
Subject: CC News Letter, 18 May - The Moment Of Truth In Europe
To: palashbiswaskl@gmail.com



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 Binu Mathew, Editor,
 Countercurrents.org
 Educate! Organize! Agitate!


 Fears Grow Over European Banks
 By Nick Beams

http://www.countercurrents.org/beams180512.htm

Leaders of the G8 major economies meet over the next two days with the threat of a global financial crisis hanging over their heads as the turmoil in the eurozone worsens. Every day brings the bankruptcy of Greece and its exclusion from the eurozone a step closer, with incalculable consequences for the European and global financial system as fears grow over the viability of the banking system in a number of countries


Apocalypse Fairly Soon: The Moment Of Truth In Europe
 By Paul Krugman

http://www.countercurrents.org/krugman180512.htm

Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at the seams. We're not talking about a distant prospect, either. Things could fall apart with stunning speed, in a matter of months, not years. And the costs — both economic and, arguably even more important, political — could be huge


Eurozone Crisis: Why Doesn't EU Scrap The CAP Subsidies?
 By Devinder Sharma

http://www.countercurrents.org/dharma180512.htm

If withdrawal of Euro 700 million from Greece banks can cause panic, I have failed to understand why the European heads cannot stop subsidising its agribusiness companies (my estimates show that more than 90% of the total spending under CAP goes to MNCs and top agribusiness companies). So in a way the state coffers are being emptied for the rich corporates and the austerity measures that are being spelled out would hit the middle class and the poor


NATO In Crisis
 By Ludo De Brabander

http://www.countercurrents.org/brabander180512.htm

NATO is confronted with a lack of enemies and a lack of resources. It is symbolic that two thirds of the Chicago budget is gathered by private corporations. The alliance offers jobs to generals, contracts to the arms industry and fully booked hotels during its meetings, but for an alliance that cannot get rid of its cold war mentality this is existentially seen rather meagre, isn't it?


The Palestinian Nakba: The Resolve Of Memory
 By Ramzy Baroud

http://www.countercurrents.org/baroud180512.htm

Al-Nakba is not a specific date or an estimation of time, but the entirety of those 64 years and counting. The event must not be assigned to the shelves of history, not as long as refugees are still refugees and settlers continue to rob Palestinian land. As long as Netanyahu speaks the language of Ben Gurion, other 'catastrophic' episodes will follow. And as long as Palestinians hold on to their keys and deeds, the old may die but the young will never forget


Erasing The Nakba
 By Neve Gordon

http://www.countercurrents.org/gordon180512.htm

I first heard about the Nakba in the late 1980s, while I was an undergraduate student of philosophy at Hebrew University. How is it possible that a left-leaning Israeli teenager who was living in the Negev during the early 1980s had never heard the word "Nakba"?


Peace-Making Without Mediators
 By Nicola Nasser

http://www.countercurrents.org/nasser180512.htm

Palestinians have had enough and now saying enough is enough: Peace is a mirage, peace-making is a failure, peace process is a sham, peace mediators are a fake, and if all the parties involved can enjoy the luxury of "addiction" to the status quo, Palestinians cannot; their survival is at stake


Learning To Love A Wounded World
 By Dianne Monroe

http://www.countercurrents.org/monroe180512.htm

The most precious gift we receive in turning toward a breaking world, loving and offering beauty to wounded places, reclaiming wounds, is what we will fashion from this to pass on to future generations. Perhaps from this wounding of which we are a part, we can each make an offering to future generations who will have to find their own way of creating a meaningful life on and with the planet Bill McKibbon has named Eaarth


In The Name Of My Father
 By Phil Rockstroh

http://www.countercurrents.org/rockstroh180512.htm

Requiem and renewal in the shadow of Wall Street, in the light of a Georgia spring


Withdraw False Sharges Against Kabir Kala Manch
 By Concerned Citizens

http://www.countercurrents.org/cc180512.htm

Kabir Kala Manch is a Pune based cultural troupe mainly consisting of Dalit youth from the region. First coming together against the communal carnage in Gujarat, they took part in innumerable public interest causes like slum-dwellers rights, workers rights and sustainable development, but their special affinity has been fighting for the annihilation of caste to which end they even held events promoting inter-caste marriage. Around last year the state began to brand them as Naxalites and many of its members are behind the bars


Understanding Cartoon Liberalism?
 By Vidya Bhushan Rawat

http://www.countercurrents.org/rawat180512.htm

Let HRD minister introduce 'annihilation of caste' and Gandhi- Ambedkar debate on caste system in our schools and University curriculum so that our student can develop 'spirit of inquiry' and question everything. Such essays would make our minds more rational so that we are not swept in the war cry of emotions and rhetoric


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