More Shock Doctrin: In Eurozone, it's welfare for the ric and austerity for everyone else

Ellen Brown @ Common Dreams - On Friday, June 29th, German Chancellor Angela Merkel acquiesced to changes to a permanent Eurozone bailout fund—“before the ink was dry,” as critics complained.  Besides easing the conditions under which bailouts would be given, the concessions included an agreement that funds intended for indebted governments could be funneled  directly to stressed banks.  Read more.