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Browse: Home » 2015 » May
Big banks run everything: Austerity, the IMF and the real story about world economy that the media won’t tell you

Big banks run everything: Austerity, the IMF and the real story about world economy that the media won’t tell you

May 28, 2015 · by Patrick L. Smith · in Articles, Salon

If you want to understand what’s really happening in Greece and Ukraine, just follow the money. Fascinating to watch the International Monetary Fund as it fronts for the U.S. Treasury and international lenders in the Greek and Ukrainian debt crises….

Why Ukraine Will Get Its Debt Restructured

Why Ukraine Will Get Its Debt Restructured

May 26, 2015 · by Patrick Smith · in Articles, The Fiscal Times

Push is quickly coming to shove over Ukraine’s $35 billion in government debt, $23 billion of which must be either paid or restructured in June. This is a must-watch for its wider implications. The question is stark: Who is going…

America on Memorial Day: Heavily armed, dangerous, unstable

America on Memorial Day: Heavily armed, dangerous, unstable

May 25, 2015 · by Patrick L. Smith · in Articles, Salon

America is powerful. We are not strong. Now is the time to understand the difference — and to put away the myths. The world never stops turning, of course, but when it is your turn to walk upon it the…

John Kerry admits defeat: The Ukraine story the media won’t tell, and why U.S. retreat is a good thing

John Kerry admits defeat: The Ukraine story the media won’t tell, and why U.S. retreat is a good thing

May 19, 2015 · by Patrick L. Smith · in Articles, Salon

The U.S. seems to admit it overplayed its hand over Ukraine. Caving to reality is actually the best possible policy. It is just as well Secretary of State John Kerry’s momentous meetings with Russian leaders last week took place in…

Kerry-Putin Talks Could Deliver a Global Surprise

Kerry-Putin Talks Could Deliver a Global Surprise

May 18, 2015 · by Patrick Smith · in Articles, The Fiscal Times

At 8:12 a.m. last Tuesday, Secretary of State Kerry Tweeted from Sochi, the Black Sea resort, with this mind-blower: “Had frank discussions with President #Putin& FM #Lavrov on key issues including #IranTalks, #Syria, #Ukraine.” In 140 characters and a photograph,…

Seymour Hersh vs. Judy Miller: The truth about Bin Laden’s death — and the anonymous government sources The New York Times is delighted to print as “truth”

Seymour Hersh vs. Judy Miller: The truth about Bin Laden’s death — and the anonymous government sources The New York Times is delighted to print as “truth”

May 11, 2015 · by Patrick L. Smith · in Articles, Salon

Desperate rush to discredit Osama bin Laden bombshell perfectly sums up the media’s slavish relationship with power Well, well. Another grand American narrative, brimming with the triumphalist heroism of people we put into uniforms, melts like ice cream in the…

The Tory Victory Puts Cameron in the UK Hot Seat

The Tory Victory Puts Cameron in the UK Hot Seat

May 11, 2015 · by Patrick Smith · in Articles, The Fiscal Times

The resounding victory in British elections last week giving Conservatives their first absolute majority in the House of Commons for almost two decades is the last thing Britain needs now. This is not a straight-out political judgment regretting Labor’s defeat…

The New York Times does its government’s bidding: Here’s what you’re not being told about U.S. troops in Ukraine

The New York Times does its government’s bidding: Here’s what you’re not being told about U.S. troops in Ukraine

May 7, 2015 · by Patrick L. Smith · in Articles, Salon

U.S. troops are now operating openly in Ukraine. The “paper of record’s” “coverage” is an embarrassment, per usual. As of mid-April, when a Pentagon flack announced it in Kiev, and as barely reported in American media, U.S. troops are now…

The Abe-Obama Trans-Pacific Trade Deal Is in Trouble

The Abe-Obama Trans-Pacific Trade Deal Is in Trouble

May 4, 2015 · by Patrick Smith · in Articles, The Fiscal Times

The Trans-Pacific Partnership, until recently background noise for many Americans, is about to become another field of battle in Washington. As of last week, when Japanese Prime Minister Shinzo Abe concluded an unusually long state visit, we’re on notice: This…

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Writer, commentator, longtime newspaper and magazine correspondent abroad. Writes often on Europe and Asia. Published five books.

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