Parliament is a house of cards waiting to fall down.

And you also have to wonder who the good guys are in this scenario.The fat of government or those barking at the doors, begging to be let in.

Paul Mason's reporting on this entire farce has been sublime, just like AEP's over at the Telegraph and YS's at NakedCapitalism.

And yes, that guy is representative of the views of our government as well as of significant parts of parliament. Pacta sunt servanda, there's a moral obligation to pay for your sins (debt = sin), and expansionary austerity works.

Economic creationists, loads and loads of 'em. And that's not even the worst of it. There are also plenty of folks who are eager to use debt as a means to extract resources and to subjugate entire countries -- colonialism redux.

+ a central bank whose mandate is limited to inflation
+ the lack of a treasury
+ the lack of a harmonized tax system
+ the crippling deficits in democratic control that make it very hard to turn the will of the people into policy
+ etc

The last point is of particular interest if you look at Greece as a shock & awe induced suspension of democracy. Many nations are held in a permanent state of emergency through the war on terror, while Greece's permanent state of emergency was imposed through debt.

Previous governments did what they were told by troika officials, with parliament left aside and judicial decisions left ignored. The return of democracy into some parts of the system caused rather vicious reactions from both the press and European officials. Just look at what Martin Schulz or Jeroen Dijsselbloem said about Syriza officials in the last few days.

Debt is a tool powerful enough to suspend democracy in a heartbeat, even quicker than our famous war on/of terror.

Parliamentary decisions are superceded by transnational treaties and obligations. And if you take the thought one step further, you end up at TTIP/TTP/CETA/TISA. If Greece demonstrates that democratic decisions at a national level still overrule transnational treaties, governments lose a scapegoat for unpopular decisions ("treaty X demands it of us"). Should Syriza manage to end the state of emergency, to return control over the decision back to the elected bodies, it will become infinitely harder to impose draconian or even just highly unpopular measures.

But I digress. Twin Euro blocks (South/North) were part of the discussion, just like parallel currencies in troubled nations. A German exit is still being discussed as well, but I don't think its advocates within Germany thought it through. Switzerland just uncoupled its Swiss Francs from the Euro and it did a real number on their exports. A new DM would appreciate like a Saturn V, instantly shattering German exports. Without a massive increase in wages to compensate through domestic demand, Germany would bleed jobs left, right and center. A fullblown recession.

I'd say it would take very little to stabilise the union, even in its currently flawed configuration. Krugman had a piece this morning, calling one of Syriza's core demands reasonable. And judging by what I have read over the last five years or so, it is. He said Germany would be crazy if they demanded payment on full, no reliefs. And that's where it shows that he cannot follow the media or the political discussions in Germany to any meaningful degree, language barrier and all. Public discussion on economics in Germany stands completely separate from the rest of the world.

Ignorance, stubbornness, cultural bias, a feedback-loop of media and politics, group pressure -- we have everything. And the fact that Germany has been comparatively successful in the face of this crisis makes it practially impossible to pierce this bubble. We're doing fine, our way must be correct, everyone else is wrong.

Nothing is good about this situation and there is no reason to think this will end in anything but Greek default.

Greece's government, elected by its citizens ran up a large and unsustainable debt which was masked by easy credit before the GFC and fraudulent accounting.

There were many contributors. Corruption, hugely wasteful state owned enterprises, joining the euro zone before they were ready to lose the ability to devalue their currency and lower interest rates, and flagrant tax evasion.

But as a country they're collectively responsible for not demanding the necessary reforms of their politicians to ensure they were not vulnerable to a credit crisis when the GFC hit and lenders began to look more scrupulously at individual European countries rather than Europe as a whole. Equally, Italy is responsible for voting Berlusconi into power for every year their economy recorded negative growth under his government. Spain is responsible for not providing sufficient oversight to bad bank lending leading a huge indebting bailout package.

Some of Syriza's reforms are reasonable. Tackling corruption and trying to break up oligopolies are worthy ideas, but they are unlikely to be easy and yield any immediate benefit. Raising the minimum wage and planning to hire back state workers as they have already promised will almost guarantee they will cease to receive EU funding/ECB assistance and later IMF funding.

The simple truth from the point of view of Germany and other austerity backing Nordic countries is if they buy their loans (and in effect transfer money to Greece) without austerity stipulations, there will be no pressure or guarantee that structural reforms that allow Greece to function independently will ever be implemented. These lender government and by extension its people have no interest in transferring wealth to Greece if it stalls its reforms.

Yes fire sales of state owned enterprises suck but the likely alternative at this point if the Troika lending is stopped is that all other lending stops and Greece defaults. At that point there would be mass loss of state sector jobs and sky-rocketing unemployment relative to what is now being experienced. It would take years of reform for the Greek government to be lend-worthy again. There is simply no trust for any alternative to austerity on the part of north Europe.

Currently Greece has reported positive growth in the past quarter and excluding debt repayments is running a budget surplus. Realistically, yes they cannot pay back the 180% of GDP. The likely way forward is after several more years of real reform they (+ Spain & Portugal) would get better terms from the EU as politically, leaders in Germany and elsewhere will be able to make the case that their objective has been achieved.

The ECB's QE package is in some ways already part of this. What I guarantee won't happen is electing Syriza to oppose bailout terms helping to secure that. Germany et al will quite rightly see that if they acquiesce to Greece they will encourage other populist parties in Spain, Portugal, Italy and France and stall reforms.

Could Germany and others in theory provide a huge cash infusion to Greece, Spain and Portugal now? Sure. And those parties would be voted out in the next election and the terms reversed. Even with the relative stinginess of current loan terms, the likes of UKIP and the National Front with their anti-EU stance, have gained political standing in the EU parliament and will likely see huge boosts in upcoming domestic elections.

Tags for this video have been changed from 'kevin, vickers, ottawa, shooting, parliament, standing, ovation' to 'kevin vickers, ottawa, shooting, parliament, standing, ovation' - edited by xxovercastxx

Well, historically, he's armed with a big ass club (mace) that he's supposed to bash heads with should a fight break out. I was just surprised he was "packin' heat".

I always knew he was in charge of Parliament security, but a lot of positions that are 100s of years old tend to be completely ceremonial, like the Speaker of the House.

It's like finding out the British "Beefeaters" (Yeoman Warders, the Royal bodyguards) actually have UZI machine guns under their hats and silenced Glocks stuck in their waistcoats when all they ever do is really conduct tours.

Shootout in Parliament Building has been added as a related post - related requested by Payback on that post.

Your video, Shootout in Parliament Building, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

Turns out the officer who took the shooter out was a retired RCMP officer employed in the largely ceremonial role of Sergeant-At-Arms. A role I was surprised to find out was armed.

I don't have any real objections to him being armed, but S-A-A is more-or-less a glorified security guard. The only weapon you see him with is a bad-ass looking mace. In the US, the S-A-A is the guy you see announcing the arrival of the President in the House of Representatives before the State of the Union addresses. You can imagine how much security the shooter would have had to passed to get the same place in D.C.

Some of the questions right now are about how the fuck the guy got to the doors where Parliament sits largely unopposed. I mean, it's Canada, the last attack on a Prime Minister consisted of a pie to the face, but you'd think there'd be a metal detector checkpoint and/or a couple Mounties milling about.

Then again, unauthorized crossings at our shared border -up until 9/11- were protected mostly by traffic cones.

Some pranksters must have replaced the instructional videos on the workings of parliament with Monty Python sketches...

Maybe if Mulcair had professed his membership in the People's Front of Judea, Calandra might have stayed on topic.

She still owns half the land. The military, police and intelligence services all swear their oaths to her above us. The higher courts belong to her along with the Judges & QC's. The Prime Minister has to meet her once a week, she can veto any law parliament passes (and to pass it must gain "royal ascent"), or even dissolve parliament itself. etc. etc.

But more than any of that it is a genuine fucking embarrassment to me that in the 21st century we still accept any member of our society declaring themselves our natural betters in law, or indeed the rest of us as being "subjects".

You are not a free citizen of the UK, you are a "Subject" of the crown in law. Even if this was pure symbolism (which I don't agree with anyway), what it symbolises is disgusting and backwards. (that could be the UK's tagline "disgusting and backwards" )

If you have a nation built upon a principle of Nepotism the end result should come as no surprise to anyone. The only good argument I've ever heard for keeping the monarchy is that due to the amount of land they own, paying their "wages" works out considerably cheaper than the rent they could charge the government......

...But if that's not a reason to strip them of their power AND rights to the land WE live on I don't know what is. They want to hold us to ransom? The mature response would be to give any such people a stark lesson about the collective consensual prerequisite of personal property. Not put a fucking crown on their heads and bow to them like the feckless goons we are .

Fuck the Queen, fuck her castles and fuck her family. The Corgi's I can turn a blind eye to, they seem quite friendly.....


"Struck a nerve Mr. Woo?"
Yes I fear you have! Please try not to take that as an attack on yourself however Mr. Flowers, you're not the one I'm being angsty at if you see what I mean.

If you're still interested in emerging details of the NSA/GCHQ story, keep reading. If not, feel free to delete the comment.

As you might have heard, a parliamentary investigative committee was set up in Germany to shed some light on at least some of the claims made by the press. They don't want to pay too close attention to it, given that our own intelligence services are just as bad, but that's another discussion.

Today, two expert witnesses were supposed to testify, William Binney and Thomas Drake, Everything was to be broadcast, as is custom, but they decided not to broadcast it after all. Given that recent interviews with both Binney and Drake indicated that they were planning to reveal quite a lot about shady cooperation between NSA/GCHQ and our own services, a set of rather embarassing details might have emerged. What a coincidence... [see footnotes]

Additionally, one of our public broadcasters, in cooperation with Jacob Appelbaum, revealed a piece of source code from a selector of XKeyscore. Hardcoded within, for some reason, we find the IPs of all servers running a TOR directory authority, once of them owned and maintained by a German student. So now we have the names of two German citizens under surveillance, and it'll be significantly harder for our Attorney General to find ways not to open up an invenstigation into espionage.

Also part of the revealed code was a confirmation that using TOR gets you labeled as an "extremist" and your ass is now amongst those whose activities will be monitored, constantly. A Google search for it is enough to land on their shit list, same for Tails.

That's the day so far, and it's not even 1pm.

Edit #1: Binney and Drake are considered witnesses, their statements are exempt from broadcast/streaming. Opposition forced a vote on it, government prevailed, no stream available.

Edit #2: I'll provide a summary of the juicy bits once they are done.

Edit #3: Members of the US Congress present, curious to see some (yet unmentioned) names.

Edit #4: Well, 0:20 and they're finally done for the day. Here's a summary of today's session, though the source can sometimes be a bit of a mouthpiece for the government.

"Workers in debt are slaves to their employers..."

I'm looking at you, student loans... *promote.

For those who don't know this man (I didn't) he spent 50 years in and out of the British Parliament.

"Anthony Neil Wedgwood "Tony" Benn, PC (3 April 1925 – 14 March 2014), the former 2nd Viscount Stansgate, was a British Labour Party politician who was a Member of Parliament (MP) from 1950 to 2001 (with two short breaks) and a cabinet minister under Harold Wilson and James Callaghan." /wiki

Yesterday, the head of the German socialist party gave a speech before parliament regarding the situation in Ukraine. Best speech I've heard on this matter, at least from an influential politician.

The video can be found here and a transcript in English was published on Pastebin, if you're interested.

http://www.europarl.europa.eu/document/activities/cont/201403/20140307ATT80674/20140307ATT80674EN.pdf

That's Snowden's written testimony before the European Parliament.