NPC KKK parade on Pennsylvania Avenue, Washington DC 1925 Today I fly to Athens, and boy, does time seem to fly along with me. I’ll be arriving in Athens apparently just in time for a big demo in Syntagma square (got a mail minutes ago saying people are on their way there as early as 9 AM local time). Something tells me there’ll be quite a few more of those during my stay. And I don’t think there’s any guarantee
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NPC KKK services, Capital Horse Show grounds, Arlington 1938 • 70 Million Americans Are Teetering On The Edge Of Financial Ruin (MarketWatch) • Marine Le Pen: Just Call Me Madame Frexit (Bloomberg) • The Delphi Declaration On Greece And Europe (Paul Craig Roberts) • Berlin Insists Greek Parliament Approves All Reforms By Monday (FT) • Europe Is Destroying Greece’s Economy For No Reason At All (WaPo) • Greek Public Stops Paying Off Personal Debts As Uncertainty Grows (FT) • A
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Ben Shahn Sideshow, county fair, central Ohio 1938 The only thing that would really go towards beginning to solve the problems with Greece is for Athens to NOT sign a deal. The short version of why that is so: it would leave the EU intact for longer. And the ECB. Neither have any viable future, but as they go down, they can cause a lot of damage and pain. It’s mitigating that pain which should now be our priority no.
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Wyland Stanley Marmon touring car at Yosemite 1919 • Greece: “It’s Like We Bought A Bad Franchise” (SMH) • Greece Is A Sideshow. The Eurozone Has Failed (Aditya Chakrabortty) • Crisis Is The New Normal For Weary Greeks (Guardian) • Greece’s Red Lines Start To Blur And Bend (Guardian) • Greek Offer To Creditors Runs Into Angry Backlash At Home (Reuters) • Syriza Members Warn Tsipras Against Betrayal With Bailout Compromise (Dow Jones) • On Those Creditor ‘Red Lines’ For
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Unknown Dutch Gap, Virginia. Picket station of Colored troops 1864 • Five Horsemen Of The Euro’s Future (Politico) • The Three Victories Of The Greek Government (Jacques Sapir) • Greece and Germany Agree the Euro Can’t Work (Crook) • The Euro Was Doomed From The Start (Norman Lamont) • If Greece Defaults, Europe’s Taxpayers Lose (Bloomberg) • Why On Earth Is Greece In The EU? (Angelos) • EU Welcomes 11th-Hour Greek Proposals In ‘Forceps Delivery’ (Reuters) • EU Commission Gives
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Unknown Army of the James at completed Dutch Gap canal, James River, Virginia 1864 • Hollande Is Implored to End ‘Financial Blackmail’ of Greece (Bloomberg) • The Fight To End Greece’s Great Euro Depression (Telegraph) • Greek Episodes Of Despair And Drama As Moment Of Truth Nears (Helena Smith) • Greece, The Euro and Gunboat Diplomacy (Karl Whelan) • As Greece Stares Into The Abyss, Has Spain Escaped From Crisis? (Observer) • Greek PM Prepares Last-Ditch Offer To Avoid Default
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DPC Elks Temple (Eureka Club), Rochester, NY 1908 • Greek Debt Crisis Is The Iraq War Of Finance (AEP) • A Pressing Question For Ireland Before Monday’s Meeting On Greece (Varoufakis) • Varoufakis Says Greek Proposal Not Discussed At Eurogroup (Reuters) • The Truth About Greece Is In The Collateral Backstopping Derivatives (Phoenix) • Greece Says ECB Won’t Let Its Banks Collapse (Reuters) • Greek Pensions Have Been Cut Sharply, But Creditors Want More (WSJ) • SYRIZA MP Files Complaint
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Marion Post Wolcott Main Street. Sheridan, Wyoming 1941 Just about exactly three days ago, I wrote an article telling you that I will be going to Athens next week: The Automatic Earth Moves To Athens. I also announced in that article that I was setting up an Automatic Earth fund, the proceeds of which I will donate to needy Greek foodbanks and clinics. The reactions to that fund drive have been amazing in more ways than one. But first, here’s
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G.G. Bain New York, suffragettes on way to Boston 1913 • Are Surpluses Normal? (Steve Keen) • Greece Is Literally Dying To Leave The Euro (Daily Mail) • Eurozone Ministers Insist On ‘New Proposals’ For Greece Summit (AFP) • Greece’s Proposals to End the Crisis: My Eurogroup Intervention (Varoufakis) • ECB Meeting To Decide On €3.5 Billion Greek Emergency Funding (Guardian) • Greece Faces Banking Crisis After Eurozone Meeting Breaks Down (Guardian) • Why Greece Might Now Have The Upper
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G.G. Bain Three-ton electric sign blown into Broadway, New York. 1912 The troika of Greek creditors has gone into full-frontal morals-be-damned attack mode, handpicking arms from a weapons arsenal we haven’t seen used before, and that we never should have seen in an environment that insists – and prides – on presenting itself as a union, both in name and in spirit. Now that they are being used, there no longer is such a union other than in name, in
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