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Chilean artist steals & destroys $500 million worth of student debt papers

An artist who goes by the name of Papas Fritas (which means “french fries”) is being revered as a modern-day Robin Hood due to his recent activism. The Chilean resident allegedly stole $500 million worth in student debt papers and burned them in a defiant act of art. [...] In case you are not aware, the price for higher education in Chile is among the highest in the world. This is because, in 1973, General Augusto Pinochet’s dictatorship took control of the country and privatized the education system. Universities are now for-profit, and citizens are tired of paying for education, which they believe should be a universal right. [...] Papas Fritas, whose real name is Francisco Tapia, claims to have been a part of the recent student takeover of the Universidad del Mar. His contribution was to collect the $500 million in student debt papers, burn them, and pour the ashes into a bin for an exhibit. The University now faces multiple headaches in secu

Wall Street vultures over debt-enslaved Puerto Rico

‘ Any “bailout” that might occur … seems directed only at the Wall Street vultures who now control most of the debt,’ Déborah Berman-Santana tells MintPress News in a sprawling interview about the debt crisis in Puerto Rico. Despite only making headlines in recent months, the economic crisis in Puerto Rico has been developing and worsening for the past several years, a crisis which has led to Puerto Rico being dubbed “the Greece of the Caribbean.” In this interview, Déborah Berman-Santana, professor emeritus of geography and ethnic studies at Mills College in Oakland, California, analyzes the latest developments in Puerto Rico. Berman-Santana is the author of “Kicking Off The Bootstraps: Environment, Development, and Community Power in Puerto Rico,” a detailed analysis of “Operation Bootstrap,” a post-World War II industrial program launched by the United States that was one of the very first of its kind in the world. Speaking to MintPress News, Ber

Venezuela and other Latin America countries-targets confirmed by the IMF

globinfo freexchange After destroying Greece with the help of the European Financial Dictatorship , the IMF mafia is ready to invade Latin America ... again. On late July, a statement by the Fund actually revealed its main targets currently in the region. From latino.foxnews : The International Monetary Fund forecasts for 2016 a contraction in Latin America's average GDP of 0.4 percent, due mainly to economic problems in Argentina, Brazil and Venezuela, a senior IMF official said here Tuesday. The head of the IMF's Western Hemisphere Department, the Mexican economist Alejandro Werner, took part in a Montevideo conference on structural reforms. " The panorama of Latin America is largely determined by economies like Venezuela, which faces a considerable projected contraction (some 10 percent); Brazil, which will experience a decline similar to last year's; and Argentina, obviously because of the transition g

Provoking nuclear war by media

by John Pilger The exoneration of a man accused of the worst of crimes, genocide, made no headlines. Neither the BBC nor CNN covered it. The Guardian allowed a brief commentary. Such a rare official admission was buried or suppressed, understandably. It would explain too much about how the rulers of the world rule. The International Court of Justice (ICJ) in The Hague has quietly cleared the late Serbian president, Slobodan Milosevic, of war crimes committed during the 1992-95 Bosnian war, including the massacre at Srebrenica. Far from conspiring with the convicted Bosnian-Serb leader Radovan Karadzic, Milosevic actually “condemned ethnic cleansing”, opposed Karadzic and tried to stop the war that dismembered Yugoslavia. Buried near the end of a 2,590-page judgement on Karadzic last February, this truth further demolishes the propaganda that justified Nato’s illegal onslaught on Serbia in 1999. Milosevic died of a heart attack in 2006, alone in his

Who profited from the $440 billion Greek bailout? Not Greeks

Hundreds of billions of dollars in loans haven't helped the Greek economy or its people by Jack Rasmus This week marks the first anniversary of the 2015 Greek debt crisis, the third in that country's recent history since 2010. Last Aug. 20-21, 2015, the 'Troika'—i.e., the pan-European institutions of the European Commission (EC), the European Central Bank (ECB), plus the IMF-imposed a third debt deal on Greece. Greece was given US$98 billion in loans from the Troika. A previous 2012 Troika imposed debt deal had added nearly US$200 billion to an initial 2010 debt deal of US$140 billion. That's approximately US$440 billion in Troika loans over a five year period, 2010-2015. The question is: who is benefitting from the US$440 billion? It's not Greece. If not the Greek economy and its people, then who? And have we seen the last of Greek debt crises? One might think that US$440 billion in loans would have helped Greece recover fro