“The U.S. press and newscasts make it appear that Europeans have voted against poor immigrants and foreigners,” economist Michael Hudson adds to an interview he had done Wednesday with The Real News Network. “What they voted against [was] the super-rich, the oligarchy.”

Hudson continues: “The ‘foreigners’ being opposed include the United States insisting on drawing NATO into its wars in Libya, Iraq, Syria and Afghanistan — and now, subsidizing Ukraine to confront Russia. The ‘nationalist’ parties voted against the EU constitution written by the oligarchy to favor the banks against labor. It is a neoliberal constitution that prevents governments from running budget deficits of more than 3% of GDP — except of course to bail out banks and bondholders. It centralizes foreign policy in a U.S.- and NATO-appointed bureaucracy of ‘technocrats.’ ”

TheRealNews:

— Posted by Alexander Reed Kelly.

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#europe#european union#michael hudson#nato#neoliberal#the real news network#video