Tuesday, 05 May 2015 / TRUTH-OUT.ORG
  • Trading Paradise for a Pipeline

    By William Rivers Pitt, Truthout | Op-Ed

    The waxwings deserve better. So do we all. (Photo: Oil Spill via Shutterstock)The waxwings deserve better. So do we all. (Photo: Oil Spill via Shutterstock)

    Kinder Morgan proposes a massive natural gas pipeline that would run the product of Pennsylvania fracking across all of southern New Hampshire to a depot near the Massachusetts coastline, from which it will be shipped to the world for a fee.

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  • Syriza: Lies, Broken Promises and Prolonged Austerity

    Syriza: Lies, Broken Promises and Prolonged Austerity

    By Michael Nevradakis, Truthout | Op-Ed

    The past three months have seen, in Greece, a continuation of the same exact policies of austerity and privatization and the continued decimation of Greece's battered social state. Moreover, we have seen most of Syriza's pre-election promises and rhetoric reneged upon. Claims that Syriza "hasn't been given enough time" ignore the many other smaller alternative parties that exist, which have maintained much stronger and more consistent anti-austerity rhetoric and been active on the ground as part of the social struggles.

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  • Celebrating the Flash Crash With a Wall Street Sales Tax

    Celebrating the Flash Crash With a Wall Street Sales Tax

    By Dean Baker, Truthout | Op-Ed

    The Flash Crash was when the stock market lost almost 9 percent of its value from its opening level, with most of this decline occurring in a five-minute period. The issue of short-term trading is the key here. There is a simple and easy way to reduce the amount of money being drained away by short-term traders. A financial transactions tax, effectively a modest sales tax applied to trades, would drastically reduce the amount of short-term trading while raising a huge amount of revenue.

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