There was supposed to be a red wave that would put the corrupt, entitled, arrogant Democrats in their place. The GOP was supposed to take the House by an emphatic margin and possibly the Senate, too.Continue reading Comprehending the Underwhelming Performance of the GOP
Moscow’s ‘agents’ are being accused of sowing division over social media in the run-up to US midtermsContinue reading US Voters Don’t Need Russian Trolls to Tell Them How Bad Things Are
The USS Rhode Island, the world’s largest nuclear submarine, left the Port of Gibraltar on Spain’s south coast last week. It was last seen entering the Mediterranean and headed south towards the Black Sea as a warning to the Kremlin.Continue reading US “Nuclear Apocalypse” Submarine Enters Mediterranean Sea as Warning to Kremlin
Given the breadth and depth of deprivation in the richest country in the world, it should be surprising how little attention has been paid to the priorities of poor and low-income voters in the 2022 election season, writes Liz Theoharis.Continue reading The Poverty of US Politics
Thursday’s vote was 185-2. The only two “no” votes were those of the United States and Israel, with Ukraine and Brazil abstaining.Continue reading Near-Unanimous UN Call to End Cuba Blockade
The Scholz caravan went to Beijing to lay down the preparatory steps for working out a peace deal with Russia, with China as privileged messenger.Continue reading Berlin Goes to Beijing: The Real Deal
It explains why Washington is so worried about China’s explosive growth. It explains why the US continues to hector China on the issues of Taiwan and the South China Sea.Continue reading The One Chart That Explains Everything
Documents obtained by The Grayzone reveal plans by a cell of British military-intelligence figures to organize and train a covert Ukrainian “partisan” army with explicit instructions to attack Russian targets in Crimea.Continue reading British Spies Constructing Secret Terror Army in Ukraine | Leaked Documents
Sunak has installed several of the Institute of Economic Affairs’ biggest supporters in his cabinet and made one of its former staff members his chief spin doctor, writes Adam Bychawski.
When Rishi Sunak made his first public speech as prime minister last week, he admitted what his predecessor Liz Truss had failed to just hours earlier. “Mistakes were made,” he said of his former rival’s brief spell in office, adding that he was here to fix them.
Sunak has installed several of the pressure group’s biggest supporters in his cabinet and made one of its former staff members his chief spin doctor.
As the economic fallout from Truss’ premiership becomes clearer, Conservative voices are now calling for the IEA to own its mistakes, while leading economists have warned Sunak to jettison its alumni and “stop listening to those mad, mad people.”
It was just over a month ago that Truss’ first chancellor Kwasi Kwarteng announced his doomed mini-budget. On that fateful September evening, as he toasted the plans with delighted hedge funders at a champagne reception in Chelsea, there may also have been the sound of corks popping in the offices of the Institute of Economic Affairs (IEA), just a stone’s throw away in Westminster.
Formed to Promote Free Market Economics
Ostensibly an educational charity, the IEA was formed in 1955 to evangelise and convert politicians to the doctrine of free market economics — a mission it has had remarkable success with.
At its peak in the 1980s, Prime Minister Margaret Thatcher credited it for “creating the climate of opinion which made our victory possible.” All the while, it has never disclosed its funders, but journalists have uncovered donations from oil giants like BP and ExxonMobil and the tobacco industry.
For a time, it seemed as though the IEA would never return to those Thatcherite heydays. That was until it found a fresh crop of Tory politicians willing to champion its cause in 2015.
Among them were Priti Patel, Dominic Raab, Chris Skidmore and both Kwarteng and Truss — with whom it formed the Free Enterprise Group, a party within the Conservative Party for free-market fundamentalists.
When Truss won the Tory leadership contest in September, it was a victory for the libertarian wing that the IEA had quietly been incubating through the era of Prime Ministers David Cameron and Theresa May era.
“Britain is now their laboratory,” declared prominent Conservative activist Tim Montgomerie on Twitter. Mark Littlewood, the think tank’s director since 2009, responded with just a smiling “sunglasses face” emoji.
At a budget-day press conference, held together with the Taxpayers’ Alliance — another opaquely funded, right-wing pressure group — Littlewood was asked by a reporter if he was anxious about having their policies tested.
“It would be a bit odd, I think, for a think tank to resent or regret that an administration was adopting its policies,” said Littlewood. “If it turns out that these don’t work, I think the IEA has got a lot of hard thinking to do.”
In the weeks that followed, the pound crashed to its lowest point against the dollar since decimalisation, the price of government bonds rose sharply and the Bank of England was forced to make an intervention to prevent a run on pension funds — narrowly avoiding a repeat of the 2008 financial crash.
His colleague, Simon Hoare, told BBC Radio 4’s Today Programme that “the mild flirtation with Tea Party libertarianism has been strangled at birth.”
Truss sacked her chancellor and reversed the tax cuts but in the end it wasn’t enough to save her premiership.
As things went from bad to worse, the IEA attempted to distance itself entirely from the policies it had welcomed just weeks before.
“I’m very sorry the PM’s efforts to move the U.K. in a pro-growth, low-tax, pro-enterprise direction has failed. She had a difficult hand to play, but she also played the hand badly,” said Littlewood in a statement on the day of her resignation. Later, he insisted that the IEA’s prescriptions “had not been tried.”
The think tank did not respond to a request from openDemocracy asking for an interview with someone willing to defend its record.
‘Own Their Mistakes’
“We’ve had comments recently trying to backtrack and rewrite history as if this wasn’t something they were cheerleading for at the time. Mistakes were made economically and politically and those that were calling for that need to have some humility.”
Economists were even less sparing about the think tank’s dalliance with the government’s economic policy.
“They have to fess up to the fact that they’ve been a visitation of evil spirits on the British people,” Danny Blanchflower, a British-American economics professor at Dartmouth College in the U.S., told openDemocracy.
“Everybody in the U.K. is poorer because of Trussonomics and the IEA because of the moron premium — the permanent rise in the cost of borrowing that the U.K. has experienced, completely unnecessary. Their incompetence has lowered the well-being of every single person in the country.”
Blanchflower, who previously sat on the Bank of England’s interest rate-setting Monetary Policy Committee, urged Sunak to “throw out everything the Institute of Economic Affairs says.”
But like Truss, the prime minister has been closely embedded in the world of “dark money’”political groups from the very start of his career.
Before becoming an MP, he cut his teeth at Policy Exchange, a right-wing think tank that called for the anti-protest measures currently being considered before Parliament. Soon after he was elected in 2015, he wrote a report calling for the creation of “freeports” around the U.K. for the Centre for Policy Studies, which enthusiastically endorsed Truss’ budget.
Both are now likely to be carried through under his premiership.
Last week, Sunak refused to confirm raising benefits in line with inflation, prompting fears that he may continue Truss’ attempt to shrink the state.
The new prime minister might have ditched Trussonomics, but whether he will bring the party’s libertarian experiment to an end remains to be seen.
Mainstream punditry in the latter half of 2022 is rife with op-eds arguing that the US needs to vastly increase military spending because a world war is about to erupt, and they always frame it as though this would be something that happens to the US, as though its own actions would have nothing to do with it.Continue reading Advocating World War 3 is Just Mainstream Punditry Now
It’s time for the Global Majority to take their rightful place at the top table.Continue reading Birth of NWO Where West Will Have to Live Within Its Means
Important to understand is that there is not one single new or original idea in Klaus Schwab’s so-called Great Reset agenda for the world. Nor is his Fourth Industrial Revolution agenda his or his claim to having invented the notion of Stakeholder Capitalism a product of Schwab.Continue reading The Dark Origins of the Davos Great Reset
Propaganda makes you stupid. We know that the Ukrainian integral nationalists have committed abominable massacres, especially during the Second World War.Continue reading Propaganda Was Invented by The British and Americans in World War 1
Academics Benny Morris of Ben-Gurion University and Benjamin Z. Kedar of The Hebrew University of Jerusalem have produced an extraordinary paper based on a welter of archival material, exposing in disturbing detail the hitherto obfuscated dimensions of an operation by Zionist forces to use chemical and biological weapons against both invading Arab armies and local civilians during the 1948 war.Continue reading Shocking Details of Zionist Biological Warfare Against Palestinians Exposed
The damaging revelations about the Labour Party in the recent four-part Al Jazeera series, ‘The Labour Files’, and the almost totalitarian silence in response by British news media, should ram home the illusory nature of ‘democracy’ in the UK.Continue reading Mass Media Omertà: Burying Al Jazeera’s ‘The Labour Files’… and Jeremy Corbyn
The death of Queen Elizabeth II, where the BBC dropped programming to run endless, wall-to-wall coverage, has underlined the fact to many Britons that the network is far from impartial, but the voice of the state.Continue reading The BBC-TO-NATO PIPELINE: How The British State Broadcaster Serves the Powerful
Russia appears to be legitimately concerned about the possibility of Ukraine building and using a “dirty bomb,” so much so that it has taken the unprecedented step of reaching out to multiple senior Western defense authorities.Continue reading Russia’s ‘Dirty Bomb’ Scare
Xi Jinping just offered the Global South a stark alternative to decades of western diktats, war, and economic duress. ‘Peaceful modernization’ will establish sovereignty, economy, and independence for the world’s struggling states.Continue reading ‘Peaceful modernization’: China’s offering to the Global South
Never underestimate a wounded and decaying Empire collapsing in real time.Continue reading The ‘War of Terror’ may be about to hit Europe
Ukrainian gains on the battlefield have been met by a widely-anticipated Russian escalation. On September 21, in a rare national address, Russian President Vladimir Putin announced the mobilsation of 300,000 reservists who would be called to serve in the war in Ukraine.Continue reading Putin’s Winter Offensive
Jennifer Robinson, an attorney for imprisoned WikiLeaks publisher Julian Assange, told an event at the Australian National Press Club in Canberra that the future is “very dark” for Assange. CN was there to cover it.Continue reading ‘Don’t Know How Long He Will Last’| Assange Lawyer
Saudi Arabia expressed interest in being part of the BRICS economic bloc as it pivots away from Washington. Conversations with the alternative counter-western alliance representative, South African President Cyril Ramaphosa, started the ball rolling.Continue reading Saudi Arabia Looks To Join BRICS Next Year
Two decades on from its emergence as a marketing ploy, the concept has enjoyed an unlikely upturn.Continue reading Saudi Arabia Joining the BRICS Shows the World is Moving On from Western Dominance
The Nazis who are deeply embedded in all branches of the US corporate government are now actively, nay desperately, suppressing dissent from within its own ranks as their anti-Russian propaganda in Ukraine, among others, continue to suffer from counterexposures for what they really are, i.e., lies.Continue reading US-based Nazis are Actively Suppressing Dissent from its Own Rank
Shown here is how the Ukrainian Army tried their best to advance in the Kherson region, but experienced grave consequences. Total waste of lives, yet still in line with NATO’s plan to fight Russian aggression to the last Ukrainian.Continue reading Ukrainian Army Advances Towards Kherson, But…
On Monday, Oct. 17, the North Atlantic Treaty Organization kicked off Operation STEADFAST NOON, its annual exercise of its ability to wage nuclear conflict. Given that NATO’s nuclear umbrella extends exclusively over Europe, the indisputable fact is that STEADFAST NOON is nothing more than NATO training to wage nuclear war against Russia.Continue reading Nuclear High Noon in Europe
Since the start of NATO’s involvement in Ukraine, it’s believed by those who fully understand the consistent pattern of Western unilateral aggressions against non-club members that they will use anybody to fight such wars for them, in this case, NATO will fight to the last Ukrainian, even those untrained ones to antagonize Russia.Continue reading Hard Decisions Will Have to Be Made vs Untrained NATO Proxies in Ukraine
The New York Times loves a good Nazi. And I don’t just mean this past year. I mean, going back to World War II to the OG Nazis, the guy with the mustache. If any of you out there are still New York Times lovers; then you really shouldn’t watch this episode. Just go back to playing with your Legos or something.Continue reading THE NEW YORK TIMES HAS BEEN FRIENDLY TO NAZIS FOR 80 YEARS
Brussels stands ready to use its ‘tools’ should right-wing Georgia Meloni step out of line, but it’s far from the only element of discord plaguing the European Union.Continue reading Attacks on Italy’s New Leader Put EU Disunity into Spotlight
Since the beginning of the Russian military operation in Ukraine, international relations are blocked. No position changes. President Macron thought he could change the rules of the game by reshuffling the cards on the occasion of a meeting of the European enemy brothers, the European Political Community. But President Putin took him by surprise by changing the borders and the game itself.Continue reading The European Political Community : A Sword Striking Water