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Opportunity Nation and Measure of America Report: Less Economic Opportunity & Failure to Measure Political Opportunity This article and related report attributes the decline in economic opportunity to the bruising 2008 recession and the alarming economic trends that preceded it, but they don't identify the root cause that set those alarming economic trends in motion nor do they provide any measurement of political opportunity. The root cause omitted is the August 1971 Powell Memo, that was spearheaded by the U.S. Chamber of Commerce and embra...

Government Cover-up of the Cannibalization of the U.S. Economy in the Making This article discusses a proposal "that factoryless goods producers (FGPs) be classified" as manufacturers, which will dramatically alter the way government keeps statistics on domestic industries. If adopted, starting in 2017 this will enable future U.S. administrations to cover up the cannibalization of our economy. This cannibalization has been going on for at least 4 decades as a result of the unresponsiveness of U.S. adm... 1 
Carl Mullan: Cryptor Trust, Inc. Offering Global Bitcoin Investment through Cryptor Latam Inc. For less than twenty dollars' worth of bitcoin anyone can be part of the current surge in global bitcoin growth.

Crossing Over the Rubicon: R.I.P. Michael C. Ruppert Sunday, April 13, after finishing what would be his last, The Lifeboat Hour, radio show, whistle-blower, activist, author, American hero, Michael C. Ruppert, allegedly shot himself, taking his own life. Unfortunately, Michael’s death is neither rumor nor Internet hoax. Wesley Miller, Michael’s attorney and business partner at Collapse Net, told me he confirmed Michael’s death.. 14 

(Release): At hearing with Federal Reserve Nominees, to End Too Big To Fail Policies At today's hearing of the Senate Banking Committee, U.S. Senator Sherrod Brown (D-OH), chairman of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection, urged Dr. Stanley Fischer, Jerome Powell, and Lael Brainard, nominees for the Board of Governors of the Federal Reserve System, to pursue fiscal policies that support Main Street by ending "Too Big To Fail" policies that hold hardworking Americans ...

The European Investment Bank Grants Tunisia $690 Million Loans The European Investment Bank (EIB) has granted Tunisia 500 million euro in loans. The loan is to help support the country's democratic transition in 2014, EIB Vice President Philippe de Fontaine told Reuters. Tunisia Prime Minister Mehdi Jomaa said on Monday that Tunisia's external borrowing needs this year would be nearly double previous budget estimates at around $8 billion. Jomaa said this was mainly because of ri...

Don't challenge J.P. Morgan's settlement with the government A nonprofit called Better Markets announced last Monday that it is suing the Justice Department for settling its case against J.P. Morgan in secret. The DoJ accepted the equivalent of five months of profit from the United States’ largest bank for negligence thath contributed to the 2008 mortgage crisis. “The Wall Street bailouts were bad enough, but now taxpayers are being forced to accept a secretive backroom deal that...

Bernake hangs out with governors and works on Ukraine loan package More gifts of U.S. taxpayers' money as Quantitative Easing to Ukraine, which will never be repaid, just so that banks can earn money, which doesn't exist, on these loans. The dollar used as monopoly paper. Legalized counterfeiting by the Fed made legal by Congress and ruled constitutional by the Supreme Court even though the Constitution states it is unconstitutional. Please spare me the platitudes and the deceit. There ar...

Eric Zuesse: Economic Opportunity Is Lowest In the Former Slave States It used to be the slaves, but now it's the poor. Class-Rigidity Is Extreme In the Republican Bible-Belt Heartland, The First Geographic Study of Class-Rigidity in the U.S. Finds. 20 
Kamala B. Sarup: Longer-term improvements in the economy Any improvement in the education and development activities must help improve the economy (in terms of investment, tourism, and even simple daily economic activity).

Sam Scully: Random Apartment Inspections (my story so far) 'random' apartment inspections (apparently) occurring nationwide. My story so far 38 
Come Carpentier De Gourdon: THE ASTANA GLOBAL ECONOMIC FORUM - A Review The 6th Astana Forum in Kazakhstan from the 22nd to the 24th of May 2013 was held together with the World Anti-Crisis Conference (WACC) under the auspices of UN. A number of Nobel Prize Laureates and statesmen gathered to thrash out strategies to move out of the enduring economic crisis. One of the most original initiatives was the plan for a Transeurasian Development Corridor (RAZVITIE)as a catalyst for a new economic model.

Igor Alexeev: South Stream Shapes European Energy Security, Nabucco Falls Behind South Stream is an ambitious endeavor of Russia's energy giant Gazprom to get direct access to the EU energy market. Editor's note: While some fact in this piece are difficult to verify, the lack of reliable information from that part of the world provides an aspect of leeway here. 2 

Peter Kellow: The Unspoken Truth about Cyprus In all the many words, spoken and written, concerning the Cyprus banking crisis there is one key concept that never comes up. A large part of the Cypriot economy is based on its being an important tax haven. Now tax havens are dodgy. They indulge in secretive practices and siphon off billions of tax revenues rightfully due to other countries. 5 

Igor Alexeev: Eurocrats have ruined Cyprus's economy: who's next? Political tensions between the government of Cyprus and the EU "Troika" are getting stronger. What could be the possible results of this short-sighted EU measure, inspired by the worst examples of communist seizures? 2 

Higher Wages Will End Recession Professor Heiner Flassbeck, a German economist, says that governmenst must pass laws to facilitate a general rise in wages. Wages, he argues, must be pegged to productivity to maintain a healthy economy. Austerity measures drive down wages which is good for individual business but bad for the overall business economy. How can government promote higher real wages? By promoting and facilitating union organizing.

Venezuela donates free heating oil to 100,000 needy US households The CITGO-Venezuela Heating Oil Program has helped more than 1.7 million Americans in 25 states and the District of Columbia keep warm since it was launched back in 2005. The program is a partnership between the Venezuelan state oil company Petróleos de Venezuela, S.A. (PDVSA), its subsidiary CITGO and Citizens Energy Corporation, a nonprofit organization founded by former US Rep. Joseph P. Kennedy II that provides discounted...

Scott Baker: A Mainstream Economist goes off the reservation and calls for direct money issuance into the real economy the chairman of Britain's Financial Services Authority, Adair Turner, calls for direct issuance of money to Main Street, not the banks, debt-free. This could be the crack that opens the flood of new thinking, repealing disproven Austerity economics and ushering in a new age of prosperity for all. 4 
Mark Goldes: *Four Paths to a Booming Economy and Millions of Jobs Here are four little known ideas, any one of which would greatly help the economy and create jobs. Together they are practical steps toward a peaceful transformation that would change more than might be imagined far faster than can be easily visualized. 2 

Igor Alexeev: Geopolitical and economic impacts of ESPO-2 pipeline In December 2012 Russian oil company "Transneft" brought into service the second section of the Eastern Siberia-Pacific Ocean (ESPO-2) pipeline, which runs between the Siberian city of Skovorodino and the Kozmino oil-loading port near the northeastern edge of China. This project will have far reaching geopolitical and economic consequences for global energy market. 3 
Outspoken Icelandic MP Gears Up For Privacy Fight During Visit To U.S. Birgitta Jónsdóttir is a former volunteer activist with the hacktivist group "Wikileaks," and current member of the Icelandic Parliament, Jónsdóttir has made a name for herself with her outspoken support of imprisoned US Army Private Bradley Manning. She is also a subject in the US' investigation into the cases of Wikileaks and Pvt. Manning. Her international profile has become a lightening rod in the growing debate ove... 1 
U.S. and States Prepare to Sue S.&P. Over Mortgage Ratings The Justice Department, along with state prosecutors, plans to file civil charges against Standard & Poor's Ratings Service, accusing the firm of fraudulently rating mortgage bonds that led to the financial crisis. Up until last week, the Justice Department had been in settlement talks with S.&P. But the negotiations broke down after the Justice Department said it would seek a settlement in excess of "10 figures," or at least ...

How did Iceland recover? Report from Davos In this three-minute interview, Iceland's President Olafur Ragnar Grimson explains that their recovery from the economic crisis was based on actions that went against the orthodox prescriptions--Let the banks fail, introduce currency controls, provide support for the poor, don't push austerity measures. Why are banks the "holy churches of the economy?" 1 

Treasury approved excessive pay for executives at bailed-out AIG, GM and Ally The Special Inspector General for the Troubled Asset Relief Program said Treasury approved all 18 requests it received last year to raise pay for executives at American International Group Inc., General Motors Corp. and Ally Financial Inc. Of those requests, 14 were for $100,000 or more; the largest raise was $1 million. Treasury also allowed pay packages totaling $5 million or more for nearly a quarter of the executives at th...
Austerity Pushes British Economy Toward Triple-Dip Recession The conservative Tory government's austerity policies are pushing the United Kingdom toward an unprecedented triple-dip recession, as the UK's economy contracted 0.3 percent in the fourth quarter of 2012. If the economy slumps again in the first quarter of this year, the two consecutive quarters of losses will mark Britain's third recession in four years. British Prime Minister David Cameron and George Osborne, the nation's f...

Unions suffer sharp decline in membership Union membership plummeted last year to the lowest level since the 1930s as cash-strapped state and local governments shed workers and unions had difficulty organizing new members in the private sector despite signs of an improving economy. Government figures released Wednesday showed union membership declined from 11.8 percent to 11.3 percent of the workforce, another blow to a labor movement already stretched thin by battles...
Half of Foreign Investors Threaten to Cut Investments in U.S. Due to Washington Budget Discord The ongoing stalemate in Washington between Republicans and Democrats to forge long-term budget and deficit-reduction solutions has made international investors leery of American markets. A new Bloomberg poll of 921 subscribers to Bloomberg Professional service revealed that 47% of global investors surveyed said they are reducing their investments in the U.S. as a direct result of "repeated confrontations between the U... 2 
Too Big To Jail? The Top 10 Civil Cases Against the Banks The Justice Department's initial response to the financial crisis did not take long to materialize. In June 2008, three months before the Lehman Brothers collapse, the department brought its first criminal case, charging two former Bear Stearns executives with securities fraud for their alleged roles inflating the housing bubble. A little more than a year later, a jury found the executives not guilty, dealing the DOJ an ear... 2 

World unemployment figures set to rise in 2013, claims UN labour agency A record 202 million people could be unemployed across the world in 2013, the International Labour Organization (ILO) said on Tuesday. Five years on from the onset of the financial crisis, unemployment is on the rise again as economies around the world lose jobs and the fragile recovery is threatened by "incoherent monetary policy" in the US and Europe, said the ILO.

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