29 May The CEC Report

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Latest from the CEC

Elisa Barwick is joined by Robert Barwick for the 29 May The CEC Report, the weekly half hour political and economic update of the CEC's fight to save Australia from economic collapse. The report is now posted on our website, and ready for you to view.

This week's CEC Report includes:
1. Drumbeats for war in Asia-Pacific grow louder
2. Greece threatens default by 5 June deadline; world financial system on the brink

Click here to view The CEC Report on our website.
Click here to view The CEC Report on our YouTube.
Click here to view it on Vimeo.

Please note: Audio only file now available for download, for those who have trouble downloading video.

Greek PM defies EU's imposition of technocratic dictatorship

 

As the 5 June deadline for debt payments to the IMF looms—covered in this week's CEC Report—Greek Prime Minister Alexis Tsipras has penned a fiery and defiant opinion column in French journal Le Monde, slamming the EU for "absurd demands" that were bringing about "a complete abolition of democracy in Europe".

 

Tsipras's defiance of the EU technocrats is a further signal that Greece will default on its IMF payment on Friday. The big unknown, is whether this default will trigger a meltdown of the euro. The bull-headed Eurocrats who are intent on forcing Greece to submit to their austerity regime are assuming that if their brinkmanship forces Greece out of the eurozone, the euro will survive; less blinkered observers fear that may be a miscalculation, and that in fact a Greek exit—Grexit—could trigger an unravelling of many speculative positions tied in to the euro that will spark panic. Perhaps the last time such a fateful decision was tossed up was when US bank regulators decided to let Lehman Brothers collapse in September 2008, unaware of the bottomless financial abyss that would immediately open up in the global derivatives bubble. Put simply, by not making reasonable concessions to Greece, the Eurocrats are rolling the dice on astoundingly high stakes.

 

Click here to read the London Telegraph's 31 May report: Defiant Tsipras threatens to detonate European crisis rather than yield to creditor "monstrosity"

 

Join the campaign to save Community TV, and the CEC Report on Community TV

 

Communications Minister Malcolm Turnbull, who owes his career to commercial TV network Channel 9, is unilaterally forcing community television off the air. One of the biggest corporate/political scandals in Australian history is how the Commonwealth government gifted most of the new digital bandwidth to the existing TV networks, for token sums of money, for the networks to use for inane shopping channels, re-runs of old shows, and generally the dregs of an already degenerated TV broadcasting culture. Yet Community TV, which provides a real local service, including the opportunity for motivated groups to broadcast important content that the major networks won't, and a training ground for young people to learn technical skills associated with production and broadcasting, is having the one digital channel allotted to it in the capital cities taken away. For what? Most likely so Turnbull can sell digital bandwidth to mobile phone providers.

 

The CEC Report is now broadcast on digital channel 44 in Melbourne, Brisbane, Adelaide, Perth and, finally, Sydney. It is a news service that both major political parties, Turnbull's Libs and the ALP, despise, as it allows ordinary citizens to stumble across the CEC's information and ideas that they wouldn't get any other way, due to the ongoing blackout of the CEC by the major news media. If Turnbull succeeds, all Community TV content, including the CEC Report, will be confined to the internet.

 

Following are links to the campaign that Community TV organisers are running to save the service from Turnbull. If you support the principle of truly independent media, support their campaign:

 

Week of Action: June 1 - 5

Hello Community TV supporters

The time has come to save Community TV.

Day 1: how you can help

We need as many people as possible to sign up to the Campaign. Please help us by asking your friends, family and co-workers to join the fight for free, local community broadcasting.

1. Please click the link below and forward the email to anyone who supports community TV.

  Click here to email your friends

 

2. Please click the link below to share the Campaign on Facebook. Remember to include a personal message.

 
Please share the campaign on Facebook

For other ways you can help click here . We'll be in touch again tomorrow.

Thanks for your support!

Click here for a free copy of the Australian Alert Service, the CEC's weekly magazine reporting on the fight to free Australia and all nations from the financial control of the City of London and Wall Street.

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Authorised: Robert Barwick‚ 595 Sydney Rd‚ Coburg‚ Vic 3058