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Friday Nite Videos -- Fourth of July, 2015

Portside
Which America should we recall on the Fourth of July? The "all men are created equal" of the Declaration of Independence or the gross inequalities by race, class and gender, the crying disparities of wealth, voice and security in real life? Both. Because the lofty declaration is more than a platitude and a snare; it has also always been a goal and a call to strive "to finish the work we are in." Lefty alternatives for the Fourth: songs, thoughts, a little inspiration.

Foreign Direct Investment in Israel Dropped by 50% in 2014

Annie Robbins Mondoweiss
Foreign direct investment (FDI) in Israel dropped by almost 50% last year in comparison to the year before as the country continues to feel the effects of last summer's Gaza conflict, a new UN report has revealed.

About George Soros and the Ukraine

Portside Moderators Portside
Immediately following the posting June 20th of the article George Soros: Puppet Master Behind the Ukrainian Regime a number of moderators raised serious concerns about both its content and source. And it was unanimously decided that we would remove it from our website, which we did. Further inquiries and comments from our readers confirmed that decision. It should never have been posted.

Why Chicago Won't Go Bankrupt - And Detroit Didn't Have To

Saqib Bhatti In These Times
Detroit's bankruptcy wasn't inevitable. Neither is Chicago's. But the austerity hawks don't want you to know that...When cities and states borrow money by issuing bonds, the lenders are typically high-wealth individuals, who purchase the bonds to get a tax break. It is a perverse system through which, rather than paying their fair share in taxes, the wealthy are instead able to lend that money to us, charge us interest for it, and then claim a further tax break on it.

Tidbits - June 25, 2015 - The Racial Divide; Take Down the Flag; Charleston Massacre; Greek Debt; Israeli Nukes; BDS; and more...

Portside
Reader Comments: The Racial Divide; Take Down the Flag; Call It What It Is, Or Be Complicit; The Charleston Massacre - A Hate Crime; Racial Violence in America; Greek Debt Truth Committee - Debt Cannot and Should Not Be Paid; American Century has Plunged the World into Crisis; Rachel Dolezal; Israeli Nukes; BDS is costing Israel big money; Alexander Hamilton and Andrew Jackson; Announcement - Celebration of Danny Schechter's Life

A Greek Tragedy: Act III; Eurozone Talks Break Down

Duane Campbell; AP; Theo Ioannou, Reuters Portside
An austerity crisis continues to be imposed by European bankers on Greece, Spain, Italy and Portugal, among others. A catastrophe on the scale of the Great Depression has been forced upon Greece for over five years under the deceptive description of a bailout. Now the banks are demanding even more, with German Chancellor Angela Merkel saying that Germany will not be blackmailed by Greece, demanding a deal before financial markets reopen next Monday.

What This Cruel War Was Over

Ta-Nehisi Coates The Atlantic
The meaning of the Confederate flag is best discerned in the words of those who bore it. In praising the Klan's terrorism, Confederate veterans and their descendants displayed a remarkable consistency. White domination was the point. Slavery failed. Domination prevailed nonetheless. The Confederate flag should come down because it is embarrassing to all Americans. The fact that it still flies, that one must debate its meaning in 2015, reflects an incredible ignorance.

The Condition of Black Life Is One of Mourning

Claudia Rankine New York Times Magazine
The murder of three men and six women at a church in Charleston is a national tragedy, but in America, the killing of black people is an unending spectacle.