Linkagogo Archive 1: Debt

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Stephen Hill Linkography: Income & Spending

Author Steven Hill Compares the U.S. Tax System With Those of European Countries

Interview (audio): 13 April 2010, host Andrew Stelzer – National Radio Project. As part of the “Tax the Rich, Help Save America” program broadcasted by the NRP, listen to Hill describe in detail the difference in tax benefits and burdens in Europe and the US.

The Myth of Europe's High Taxes
Article: 23 February 2010 – On the Commons. So a thorough analysis would need to create a ledger in which all the supports and services Europeans and Americans receive are listed on one side and the amount of taxes and any additional out-of-pocket fees they pay are listed on the other. When you sum up the total balance sheet, it turns out that Americans pay out as much as Europeans – but we receive a lot less for our money.

The Myth Of The Overtaxed Europeans And Other Modern Fables
Blog: How's Europe Doing - posted 19 November 2010 - The Washington Monthly. Child care in the United States costs more than $12,000 annually for a family with two children. In some countries in Europe, child care is free. In others, they pay $1000-$2000 per year, depending on their income. So they are paying at most only one-sixth of what Americans are paying, and the quality is far superior.

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Stephen Hill Linkography: Banks & Wall Street

Repost: Europe’s Promise & Wall Street gangsters
Book review: 28 December 2010 - Darwiniana. Posted in Critique of Evolutionary Economy by nemo. The American public is being exploited by economic pseudo-science, bad journalism, and the conspiracy of Wall Street gangsters, some of them on Obama’s sta3ff. It is a false ideology, totally out of control, and made worse by the way smart geekish types like Greenspan et al. promote it oblivious to reality. Hill’s book shows how the American system has gone astray, and how some form of social democracy can be successful.

Steven Hill: The insane prescription of the IMF
is repeated in Greece
In Greek - Press report of IPEDIS event held 18 October at the Ministry of Foreign Affairs - posted 21 October 2010, Zoom News. (Greek reference: Παραφροσύνη η επανάληψη της συνταγής ΔΝΤ στην Ελλάδα , Δημ/ση 21 Οκτ. 2010 – Zoomnews.gr (Use Google translator). Hill argued against the IMF prescriptions for ailing Greek economy. GDP alone. He calls the American Model of Capitalism, know as Wall Street Capitalism, bankrupt because that model brought economic chaos and the crisis that plunged America into recession.

Media Speculators Miss History Being
Made In Europe
Article: October 19, 2010 - Social Europe Journal. Like financial speculators, the media likes to speculate in sensationalism and hype, dedicated to advancing their goals. Financial speculators do it to make gobs of money, and the media does it to grab eyeballs for their TV shows and newspapers. During the recent Greek debt crisis, both the financial and media speculators acted up.

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European Tour Greece: Stephen Hill Linkography

Athens, Birthplace of Democracy
Blog: How's Europe Doing - posted : 28 November 2010 – a travel piece.
Located at the base of the Acropolis in Athens are the ruins of the Ancient Agora. Hill visits the site and reflects on this assembly place where, 2500 years ago, democracy began.

My Interview With Greek Prime Minister George Papandreou…From The Top Of The Acropolis
Blog: How's Europe Doing - posted: 5 December 2010 - The Washington Monthly.
Hill’s interview with PM Papandreou was preceded by one with his Deputy Minister of Foreign Affairs, Spyros Kouvelis. Mr. Kouvelis summarized the present situation, provided background information and talked about the way forward. The interview with the PM was conducted from the Acropolis via Hill’s mobile phone. Follow the link above to find why this interview was held in such a dramatic way and what Hill discussed with the PM.

Europe's Promise: Interviews From the Tour, Plus a Video of My Speech in Athens at the Foreign Ministry
Blog: How's Europe Doing - posted: 12 December 2010 - Washington Monthly. Hill's speaking engagements in Athens attracted some media attention, including interviews and a 4 part YouTube video (released by a local NGO The Institute for Regional Dialogue & Strategy - IPEDIS) of the discussion event hosted by the Ministry of Foreign Affairs. Read more...

Steven Hill: The Crisis Unites Europe
Interview in Greek: 16 October 2010 – Vima Online, the leading daily newspaper in Greece, by Markos Karasarinis (Greek reference: Στίβεν Χίλ Η κρίση ενώνει την Ευρώπη Μάρκος Καρασαρίνης, 16 Οκτωβρίου 2010 - Το Βήμα Online. Use Google translator).

The American writer, journalist and political analyst talks about the opportunities the crisis provides to Europe, and tells why he believes that Greece is on the right track. More specifically Hill states that the current government is moving away from the previous practices of hiding deficits and is combating tax evasion. Certainly the deficits are not only a challenge for Greece but for many other western governments as well as Japan.
(Ο αμερικανός συγγραφέας, δημοσιογράφος και πολιτικός αναλυτής μιλάει για τις ευκαιρίες που προσφέρει στην Ευρώπη η κρίση και εκτιμά ότι η Ελλάδα βρίσκεται στον σωστό δρόμο.«Νομίζω ότι η σημερινή κυβέρνηση βαδίζει στον σωστό δρόμο, απέχει από την πρακτική της προηγούμενης να κρύβει τα ελλείμματα, επιχειρεί να τα ελέγξει και να πατάξει τη φοροδιαφυγή. Βέβαια, τα ελλείμματα αποτελούν πρόκληση, όχι μόνο για την Ελλάδα αλλά και για πολλές από τις υπόλοιπες δυτικές κυβερνήσεις, όπως και για την Ιαπωνία. … είναι πράγματι δυνατόν να μειωθούν τα ελλείμματα μιας χώρας χωρίς μείζονα ύφεση της οικονομίας της...).

Steven Hill: The Insane Prescription of the
IMF is Repeated in Greece
Interview in Greek: 21 October 2010 – Zoom News (Greek reference: Παραφροσύνη η επανάληψη της συνταγής ΔΝΤ στην Ελλάδα , Δημ/ση 21 Οκτ. 2010 – Zoomnews.gr (Use Google translator). The event took place at the Ministry of Foreign Affairs on 18 October. The distinguished analyst (Hill)argued against the IMF prescriptions that are already in place

in the Greek economy. He considers the American Model of Capitalism, know as Wall Street Capitalism, bankrupt because it brought on the economic chaos that plunged America into recession.

(Η εκδήλωση διοργάνωσε στο Αμφιθέατρο του Υπουργείου Εξωτερικών στις 18 Οκτωβρίου..ο διακεκριμένος αναλυτής τάχθηκε κατά των “συνταγών ΔΝΤ” που εφαρμόζονται ήδη στην ελληνική οικονομία και σημειώνει ότι “δεν είναι δυνατόν να καθορίζεται η επιτυχίας μία οικονομίας μόνο από το ΑΕΠ". Τέλος, θεωρεί “χρεοκοπημένο” το μοντέλο αμερικανικού καπιταλισμού, που εφαρμόστηκε τα προηγούμενα χρόνια και έχει μείνει γνωστό ως “Wall street capitalism”. Ένα μοντέλο που παρασύρθηκε στο χάος, μαζί με τα απομεινάρια της Lehman Brothers και των εκατομμυρίων subprime στεγαστικών δανείων, που έχουν βυθίσει στην ύφεση όλη την αμερικανική κοινωνία..)

Get more on Greece
Steven Hill in Athens
Greece & California: Debt Crisis
Steven Hill In Athens: Photo Gallery

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Steven Hill Linkography: U.S. Slips

Lessons from the Gulf of Mexico: US Needs a National Energy Policy like Europe’s
Article: 17 May 2010 – Social Europe Journal. Every day that the massive black plume off the Louisiana coast sprays into the sea is a reminder of how much the United States has failed to transition to a modern energy regime. Given the stakes over global warming, Europe has emerged as ‘the indispensable nation’, while the United States, the largest per capita polluter in the world, continues to fiddle as the earth burns.

Hill Proposes European Economic Structure for U.S.
Article: 1 April 2011 By Alex Kessler. On March 30, Hill’s U.S. book tour took him to Georgia Tech to speak on behalf of the European Union Center of Excellence (EUCE) for the IMPACT Speaker Series. Hill’s arguments boil down to adopting social programs such as free education and healthcare to support families and workers; the less people spend on necessities, the more they can spend commercially, circulating money.

Germany Speaks Out
Article: 12 November 2010 – New York Times. Also published as: Merkel, Germany, Overthrow Obama, U.S., at G-20. Following America’s catalytic role in bringing the global economy to the brink of disaster, followed by Obama’s weakened political position after the Nov. 2 mid-term elections, the U.S. is now losing the global argument over what is the best development model for the 21st century. At the Group of 20 meeting in Seoul Germany spoke out. Let’s hope Obama and Geithner were listening because the world is no longer automatically following America’s lead.

America's Failed Model for the World

Article: September 16, 2009 - The Guardian. As Europeans watch the United States flailing about over something as basic as healthcare, they are reminded once again of the impotent US response following Hurricane Katrina. As one European put it...

The Myth of Europe's High Taxes
Article: 23 February 2010 – On the Commons. This myth is busted! The truth is, Hill points out, that when all the supports and services Europeans and Americans receive are listed on one side of a ledger and the amount of taxes and any additional out-of-pocket fees they pay are listed on the other, it turns out that Americans pay out as much as Europeans – but receive a lot less in return.

French Protesters: 'Where are you Americans?'
Blog: How's Europe Doing - posted: 23 Oct 2010 - The Washington Monthly. During a protest against proposed retirement age legislation in

France, Hill talks to some of the young protesters on the streets in Paris who wonder why young Americans, frustrated and angry over US government policies, are not out protesting like the French.

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