Daily Archives: February 14, 2018

USA | Budget Woes Sign of a Dysfunctional Empire

Exclusive: The bloated military budget is justified on the assumption that the United States can and should police the entire world, but this approach is fundamentally unsustainable, warns Jonathan Marshall.

By Jonathan Marshall

President Donald Trump’s latest $4.4 trillion budget proposal calls for boosting military spending by nearly $200 billion over the next two years, and would balloon the national debt by more than $7 trillion over the next decade. Pundits proclaim it “dead on arrival.”

South Korea | Can South Korea’s Leader End Trump’s North Korea Crisis?

The agreement for cooperation between North and South Korea on the Olympics provides a pause in the drumbeat of war threats by postponing joint U.S.-South Korean military exercises until after the Winter Games are finished. But the real payoff from the Olympics détente is the possibility that the governments of South Korean President Moon Jae-in and North Korea’s Kim Jong Un could reach agreement on modifying joint U.S.-Republic of Korea (ROK) military exercises in return for a North Korean nuclear and missile testing freeze.

Greece | EU Imposes Anti-Union Law on Greece

Under instructions from the European Commission, the European Central Bank and the International Monetary Fund, the Greek government pushed through the most anti-union legislation in Europe on Monday 15 January.

The move was demanded, along with other draconian measures, as a condition of the latest tranche of what is called Greece’s bailout but which in reality is bailing out the European financial institutions which recklessly encouraged Greek borrowing.