Very good stories that explains the ongoing maelström – and that – the economy is NOT the real problem

Our real problem is - the western tradition of thought - that prevent us from real thinking; according to the fundamentals that the ancient Greeks gave us - that is the base for the western civilisation.

However, here and there are vital fragments of dynamic insights - listen to what Niall Ferguson says.

Niall Ferguson asks what constitutes a vibrant and independent civil society in Part 4 of The Rule of Law and Its Enemies: 2012 - Civil And Uncivil Societies

All parts are great - especially the last

The Reith Lectures
http://www.bbc.co.uk/programmes/p003drl8

Niall Ferguson
http://en.wikipedia.org/wiki/Niall_Ferguson


And here are words that pinpoint the black hole – that is today.



The London riots 2011 from the inside

2011 England riots
http://en.wikipedia.org/wiki/2011_England_riots

'I broke the law and paid the price. But what I learned in prison fills me with dread if the rioters rampage again'

"He disgraced the  war dead - and his Pink Floyd father  - when he swung from the Cenotaph. Here he breaks his silence to apologise ... and to deliver a grim warning" Charlie Gilmour, 7 July 2012

http://www.dailymail.co.uk/news/article-2170274/CHARLIE-GILMOUR-I-broke-law-paid-price-But-I-learned-prison-fills-dread-rioters-rampage-again.html

Charlie Gilmour
http://en.wikipedia.org/wiki/Heathcote_Williams
#Private_life




Banksy's war on London: in pictures

"Banksy's One Nation Under CCTV mural was painted just off Oxford Street, London's commercial centre. It was painted over by Westminster Council shortly afterwards"

http://www.telegraph.co.uk/culture/culturepicturegalleries/8970461/Banksys-war-on-London-in-pictures.html




This global financial fraud and its gatekeepers

"The media's 'bad apple' thesis no longer works. We're seeing systemic corruption in banking – and systemic collusion" Naomi Wolf , 14 July 2012 

http://www.guardian.co.uk/commentisfree/2012/jul/14/global-financial-fraud-gatekeepers



How Big Banks Run the World - at Your Expense 

Gar Alperovitz,  professor of political economy, 08 June 2012

http://truth-out.org/news/item/9658-how-big-banks-run-the-world-at-your-expense

He refer to:Victoria Grant






Why is Nobody Freaking Out About the LIBOR Banking Scandal?

Matt Taibbi, July 3, 2012

"But to me what’s missing from all of this is the “Holy Fucking Shit!” factor."

http://www.rollingstone.com/politics/blogs/taibblog/why-is-nobody-freaking-out-about-the-libor-banking-scandal-20120703



Cowboy bankers

In the Balance
http://www.bbc.co.uk/programmes/p00txv1v

8 July 2012

"As a criminal enquiry opens into bank rate-rigging, Lesley Curwen and her guests debate whether banks have lost sight of their true purpose, and whether the solution involves cutting bonuses and addressing conflicts of interest."

"This week's guests are Dan Ariely, Professor of Psychology and Behavioural Economics at Duke University, author Clark McGinn who worked for 20 years at Royal Bank of Scotland, and Henrietta Royle, an ex-banker and Chief Executive of consultancy Fanshawe Haldin."



About a  whistleblower within the banking system

A whistleblower emerges from the shadows, Rick Rothacker

"For nearly three years, as Kyle Lagow struggled to find work and his finances crumbled, he kept a secret from nearly everyone he knew, including his wife: He was a whistleblower."  Jul 13, 2012

http://www.reuters.com/article/2012/07/13/us-bankofamerica-whistleblower-idUSBRE86C0TI20120713



Imagining the Unthinkable The Disastrous Consequences of a Euro Crash

Part 1:  The Disastrous Consequences of a Euro Crash
Part 2:  Companies Envision Possible Scenarios
Part 3:  'Consequences of Disaster Would Spread Like a Tidal Wave'

06/25/2012

http://www.spiegel.de/international/europe/fears-grow-of-consequences-of-potential-euro-collapse-a-840634.html

Also

Interview with Jean-Claude Juncker
'Europe Will Either Succeed or Fail Together' 07/16/2012

http://www.spiegel.de/international/germany/euro-group-president-juncker-discusses-path-forward-in-euro-rescue-a-844453.html

Jean-Claude Juncker
http://en.wikipedia.org/wiki/Jean-Claude_Juncker



Europe’s Great Illusion
Paul Krugman, July 1, 2012
http://www.nytimes.com/2012/07/02/opinion/krugman-europes-great-illusion.html



Stiglitz: It's the politics, stupid!

June 29 2012

" - There are no grounds for optimism when it comes to the euro zone crisis, politicians and voters lack the solidarity and will to fix it, says Nobel Prize-winning economist Joseph Stiglitz."


"Joseph Stiglitz Sees Terrifying Future for America If We Don't Reverse Inequality. What will life look like down the road if we don't reverse economic inequality? We must see through the myths of capitalism and build a mass movement if we are to save ourselves."







How the Garbage Pickers of Athens Predicted the Greek Economic Crisis

Jennifer Hattam, 020712

http://www.theatlanticcities.com/arts-and-lifestyle/2012/07/how-garbage-pickers-athens-predicted-greek-economic-crisis/2425/



The Sharp, Sudden Decline of America's Middle Class

"They had good, stable jobs - until the recession hit. Now they're living out of their cars in parking lots." Jeff Tietz, June 25, 2012

http://www.rollingstone.com/culture/news/the-sharp-sudden-decline-of-americas-middle-class-20120622



Gunmen set fire to Microsoft office in Athens

27 June 2012

"The head of Microsoft Greece, Ernst-Jan Stigter, says gunmen rammed a van packed with gas canisters into the tech giant's Athens headquarters, before they set the vehicle on fire. The attack happened in the early hours of Wednesday, and no staff were at work. According to police at least two people wielding pistols and a machine gun kept security guards away as they carried out the attack."

http://www.guardian.co.uk/technology/video/2012/jun/27/microsoft-greece-attacked-video



The Life and Ideology of The New Terrorists

Corriere della Sera, 12 July 2012

“This is war, not a game of cards”. Militant enthuses: “They got the guns out in Greece. It was great”. Institutions and “peace-loving” reformers targeted”

http://www.corriere.it/english/12_giugno_14/new-terrorists_6452bb6a-b62a-11e1-a717-30326103327c.shtml



Spray Paint and Foment: Street Art from Athens

Jun 19, 2012
http://www.bloomberg.com/slideshow/2012-06-19/spray-paint-and-foment-street-art-from-athens.html