Monthly Archives: July 2015

57% join boycott of water charge

Michael O’Brien, AAA councillor and Socialist Party member The confidence anti-water charges activists derived from Irish Water and the government’s reticence about revealing the payment figures for the first water bill has proven to be well founded. On Tuesday, an admission came confirming a 57% boycott of the first bill, representing around 860,000 households out of the 1.52 million they ...

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Capitalist media – cheerleaders for Troika tyranny

Greek media blackout of “Oxi” Irish people remember the incredible media bias during the Lisbon, Nice and “Austerity Treaty” referenda. That was nothing compared to the depths the media, in Greece and globally, sank to before the 5 July referendum. 36 people were interviewed in one a Mega TV bulletin, and surprise surprise, every single one of them was going ...

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Why Syriza capitulated & the alternative road of “rupture”

By Paul Murphy TD The Syriza leadership has led the Greek working class to a significant defeat, signing up to more vicious austerity, effective colonial status and potentially demoralising significant numbers. This defeat is rooted in their reformist strategy – their belief that without breaking from capitalism, they could break from the austerity programmes pushed by the Troika. Particularly in ...

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Is China’s stock market bubble bursting?

In the last number of weeks $3.2 trillion has been wiped off the value of China’s shares. The following article, written by an author for chinaworker.info at the beginning of July, looks at the reasons behind this tumble in share prices. “Before leaving the world, I wish to say I concede defeat. With capital of 1.7 million yuan and four-times ...

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Oxi!-No to austerity and Troika tyranny in Greece

Events in Greece have thrown the entire Eurozone into crisis and threaten its very existence. Greek banks were closed on Monday after the European Central Bank (ECB) stopped the liquidity lifeline that kept Greek banks afloat during months-long run on deposits. As of the time of publication, it is in the balance whether Greece’s latest debt payment due to the ...

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