Economic Policy, the Schwabian Housewife and Francois Hollande

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"What is rational for individuals leads collectively into a cul-de-sac.. The fundamental problem is that economic policy believes the crisis can be fought with the logic of a family budget. For that reason, the collapse of the euro zone threatens. Measures that restore trust in the future of the euro zone are necessary now."

France goes a different way than Italy and Spain. The new socialist government in France is fulfilling two election pledges by lowering the initial retirement age to 60 and requiring firms that terminate workers to pay considerable compensation.

to read Gustav Horn's "Economic Policy and the Schwabian Housewife" published in: Spiegel, June 5, 2012, click on

http://portland.indymedia.org/en/2012/06/416333.shtml

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"Surveying Utopia"

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By Raul Zelik and Elmar Altvater

http://freembtranslations.net/?p=110

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Time to Rethink the War on Terror

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When Eric Holder eventually steps down as Attorney General, he will leave behind a complicated legacy, some of it tragic, like his decision not to prosecute Wall Street after the financial crisis, and his all-out war on whistleblowers like Edward Snowden.

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