The people pay.
IMF
From Fenians to financiers: James Connolly and the Irish meltdown
A spectre is haunting Ireland -- the spectre of James Connolly.
Connolly was executed by a British firing squad for his role in Ireland's 1916 Easter Rising for home rule. Celebrated as a hero of Irish independence by political parties of both the left and right in Ireland, his socialism is all too conveniently overlooked.
U.S. says China won't play fair on currency market, but neither do they
When faced with a choice between acting on its own behalf, or helping out the world financial system, the U.S. looks to itself. Yet it is surprised when China does this too.
Related rabble.ca story:
Multiplying mistakes: Tallying the economic costs of austerity
In 1936, the British economist John Maynard Keynes published his celebrated General Theory, a book that provided a scientific basis for understanding the Great Depression, the worldwide slump lasting from 1929 until the outbreak of World War II in 1939. Only recently has the International Monetary Fund realized his research insights apply to today's world economic mess centred in a stagnating Europe, and a slow growth U.S. The IMF rediscovery of Keynes has not yet registered with the Harper government, which continues to mislead Canadians about what to do about the sluggish economy.
