Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Showing posts with label elections. Show all posts
Showing posts with label elections. Show all posts
February 25, 2013
June 05, 2011
In return for a $114 billion EU-IMF rescue package Portugal will have to implement austerity measures -- already a key issue of its current election.
The country which is experiencing its highest unemployment rate in 30 years - 12.6 per cent -- must implement tax hikes, a freeze on pensions and wages, as well as introduce a big reduction in welfare benefits.
Al Jazeera's Sonia Gallegos reports from Lisbon.
Labels:
bailout,
elections,
Euro crisis,
Portugal
July 20, 2010
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