This Week on Between The Lines

Posted July 15, 2015 for week ending July 24, 2015

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"The European Central Bank did something that no central bank in history probably has ever done and that was – they created deliberately on June 28, a severe financial crisis, something they hadn't done in six years of depression. They shut down the banking system of Greece."

– Mark Weisbrot, co-director of the Center for Economic and Policy Research, on the tentative EU-Greece financial bailout


Listen to the entire program using these links, or to individual interviews via the links appearing prior to each segment description below.

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Tentative EU-Greece Bailout Deal Inflicts More Painful Austerity, But Will Fail Without Debt Relief

MP3 Interview with Mark Weisbrot, co-director of the Center for Economic and Policy Research, conducted by Scott Harris

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Despite the Greek people's overwhelming rejection of more austerity measures in a July 5 national referendum, Greek Prime Minister Alexis Tsipras of the leftist Syriza party yielded to most of the demands of Eurozone creditors in high stakes negotiations that concluded early in the morning of July 13. In exchange for a third international bailout of some $96 billion, the Greek Parliament is expected to approve painful tax hikes, reduced pension payments and deepen budget cuts. One possible silver lining in the deal is a vague reference to future debt relief, a position supported by the International Monetary Fund in a leaked report that warned unless Europe accepts the reality that Greece needs major debt relief, the IMF won't provide any more bailout funds.  Story continues

Supreme Court Ruling Against EPA in Mercury Pollution Case Not a Victory for Coal Industry

MP3 Interview with Dustin White, community organizer with the Ohio Valley Environmental Coalition, conducted by Melinda Tuhus

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As it wrapped up its 2014-15 docket, the U.S. Supreme Court on June 29 ruled against one of the Obama administration’s key environmental initiatives that required coal-fired power plants to clean up mercury and other toxic emissions. It its 5 to 4 ruling, the court found that the Environmental Protection Agency had not considered the costs of its regulation at the beginning of its rule-making process, even though it did so later on. The decision in the case known as Michigan v. Environmental Protection Agency did not overturn the rule, but sent it back to the EPA to rewrite it.  Story continues

Congress Needs to Investigate Threat of Domestic Terrorism Posed by White Supremacist Hate Groups

MP3 Interview with Mark Potok, senior fellow, Southern Poverty Law Center, conducted by Scott Harris

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The June 17 cold-blooded murder of eight black parishioners and their pastor at Charleston, South Carolina's historic Emanuel AME Church by an avowed white supremacist provoked anger, mourning and protest. The alleged assailant, Dylann Roof, wrote about his racist views that motivated his violence on a website, featuring photos of the 21-year-old posing with Confederate flags, a symbol of the bloody civil war insurrection waged to preserve black slavery across the South. South Carolina's civil rights community responded to the murders by renewing their decades-long demand to remove the Confederate flag flying in front of the Confederate Soldiers Monument on the grounds of the state Capitol in Columbia.  Story continues

This week’s summary of under-reported news

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Compiled by Bob Nixon

 

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July

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