Tag Archives: kleptocracy

The Emerging Counter-Revolutions in Tunisia and Egypt

By Mahdi Darius Nazemroaya
Global Research

Omar Suleiman, CIA Torture Chief in Egypt

“President Hosni Mubarak has decided to step down as president of Egypt and has assigned the higher council of the armed forces to run the affairs of the country,” Suleiman said in a brief televised address. “May God help everybody.”

Cheers could be heard in the streets of Cairo even before Suleiman stopped speaking. And while there was no way to know whether the army would make good on its previous pledges to safeguard democratic elections, the crowds were euphoric at the news that Mubarak’s 30 years of authoritarian rule were over.

“Egypt is free! Egypt is free!” they shouted in Tahrir Square. “The regime has fallen!”
-The Washington Post (February 11, 2011)

An arrogant pharaoh has fallen. Egyptians may be chanting that their country is free, but their struggle is far from over. The United Arab Republic of Egypt is not free yet. The old regime and its apparatus are still very much in place and waiting for the dust to settle. The Egyptian military is officially in control of Egypt and the counter-revolution is emerging. A new phase of the struggle for liberty has started.

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Recovering from Neoliberal Disaster: Why Iceland and Latvia Won’t (and Can’t) Pay the EU for the Kleptocrats’ Ripoffs

By Prof. Michael Hudson

Can Iceland and Latvia pay the foreign debts run up by a fairly narrow layer of their population?

The European Union and International Monetary Fund have told them to replace private debts with public obligations, and to pay by raising taxes, slashing public spending and obliging citizens to deplete their savings.

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