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 Bart Klein Ikink: Negative interest rates: the economic singularity Negative interest rates are nothing to be afraid of. They could bring an era of stable economic growth and prosperity. 71  |
Fariborz Ghadar: It's Time for the IMF to Recognize the Importance of the Yuan
recognizing the Yuan's importance would greatly increase the IMF's legitimacy as a body truly representative of the whole international economy rather than the interests of just the U.S. and its closest political and economic allies. The piece is written by Dr. Fariborz Ghadar and Cameron Stevens. |
 Moses Seenarine: Aylan and Parenting During Climate Change Sacrifices that parents make to reduce their ecological footprint like limiting air travel and leisure trips are as important to their children's future as extra-curricula activities and savings for college. 1 |
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Guglielmo Tell: Hillary Clinton Says Bankruptcy not Bailout for Puerto Rico
Is this supposed to be "progressive"? Not a word about ravaging of island's economy by "mainland" colonial interests, neither about typical Latin-American style massacres committed over the past century by the US in PR. A bailout is against Banksters' will anyway, but the core of racism of all the Washington and Wall Street's crowds is to present the victims as "incapable" of handling their own fate, but not to let them go eit... 1 |
Harvard gets biggest gift ever: $400M from Wall Street alum Harvard has received its biggest gift in school history -- a $400 million donation from Wall Street hedge fund billionaire John Paulson -- the university said Wednesday. The endowment from Paulson will support the School of Engineering and Applied Sciences, which has led technology breakthroughs and is planning to expand, the university said. Paulson says it promises to become "the next major center of innovation." Offic... 9 |
Mario Hakulinen: Financial Terrorism - The global threat
Secrecy has been the catalyst feeding Financial Terrorism.
The Offshore and Lux leaks was a shock to many politician demanding to end bank secrecy rules. 1 |
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The People's Budget: Progressive Proposal Aims to Un-Rig Failed Economic System Offering a sustainable alternative to regressive federal budget proposals put forth this week by the Republican majorities on Capitol Hill, the Congressional Progressive Caucus on Wednesday released The People's Budget: A Raise for America, which aims to "level the playing field" for low- and middle-income Americans. |
DOJ May Go After Individual Bankers For Role In Financial Crisis U.S. Attorney General Eric Holder said on Tuesday that he has given U.S. Attorneys a 90-day deadline to evaluate whether they can bring cases against any individuals for their role in the 2008 financial crisis. Federal prosecutors who previously brought charges against institutions for inappropriately marketing residential mortgage-backed securities will investigate individual employees for potential criminal or civil charg... |
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... |
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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 |
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Eric Zuesse: "Extreme Drought" Now in 2/3 of California, Half of Nevada; Spots in TX, OK, KS, CO & NM signs of the economy to come 19 |
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 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 discount... |
 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 de... 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 ... |
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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... |
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