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Speculators circling Puerto Rico latest mode of colonialism

Puerto Rico’s governor may have said the commonwealth’s debt is unpayable, but that doesn’t mean Puerto Ricans aren’t going to pay for it. Vulture capitalists are circling the island, ready to extract still more wealth from the impoverished island. 1,792 more words


Norman Pilon reblogged this on Taking Sides and commented:

Everywhere it’s the same modus operandi: public debt underwritten by private sources used to curtail public expenditures so as to contract the economy, thereby creating crisis conditions for both the public sector and that of, in relative terms, small to medium sized businesses, to say nothing of the manner in which both rising unemployment and the threat of it depresses already woefully inadequate wages. The end game — as it has actually been since the time of the land enclosures in England — is the seizure of local assets, whether private or public. The result, in human terms, is the intolerable distress that comes from bankruptcy and joblessness and a foreclosed future.

Where is our empathy when it comes to migrants?

Recently there has been an increase of people moving around in the world. The Arab Spring has led to new regiemes taking over countries, the rise of ISIS has caused many people to flee their homelands. 912 more words

Current Affairs

Current affairs daily

  • The Himalayan peak 5260 has been renamed after Nalini Sengupta for her efforts to inculcate the thrill of mountaineers in youngsters
  • Ramachandra Guha has been chosen for the Fukuoka Asian Culture Prize 2015…
  • 283 more words

Why some Indians sympathized with a terrorist sentenced to death?

On12th March 1993, known as the Black Friday, a series of 12 bomb explosions took place, which killed 257 people, 713 people were injured and property of worth 27 crore was destroyed. 1,988 more words


The Local Paper Has Good Headlines 

This is today’s effort.
I don’t want to read the article, the headline ‘Sewer Rage’ is enough.

Current Affairs

Putin is a murderer?

If this story is true I am gobsmacked.

Firstly as to why Litvinenko could be such a threat to an entire nation and secondly as to why we are still speaking to Putin and why his extradition hasn’t be sought. 70 more words

Current Affairs


The list of winners of Oscar Awards (Academy Awards) in 2015 is given below :
★Best Picture : Birdman
Best Director : Alejandro Gonzalez Inarritu (Birdman) 94 more words