Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter 1 Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments
Diary (Diaries are not moderated)

More Financialization, the Great American (Global) Sabatoge

By   Follow Me on Twitter     Message arn specter     Permalink
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...)
Add to My Group

View Ratings | Rate It

opednews.com Headlined to H3 6/26/16

More articles and insights on Financialization and ways to consider reforms and changes in the U.S. Financial/Banking systems...

::::::::

More Financialization, the Great American (Global) Sabatoge

by Arn H. Specter, arnpeace|AT|gmail.comEmail address

The following two articles by Rana Foroohar and Mike Collins reveal the inner workings of the American financial/banking system and companies. The articles linked below show many more articles of similar persuasion and concerns; that since the financial crisis of 2008 matters have worsened dramatically...resulting in much greater disparity between the rich 1% and the less well off 99%. More explained below.

It seems to me that our future rests on changes and reforms in the financial and banking sectors of the economy; including the Federal Reserve, the U.S. Treasury, the U.S. Government, the International Monetary Fund, the World Bank and other agencies and concerns, Nothing short will help turn the economy around, create million of jobs and raise the standard of living for billions of people on the earth...Most of the writers of the articles below suggest ways to foster the necessary changes. let's pay serious attention to them...

More to follow soon.

Arn H. Specter, Philadelphia

ttp://time.com/4327419/american-capitalisms-great-crisis/

SAVING CAPITALISM by Rana Foroohar

TIME Magazine, May 23, 2016

http://www.forbes.com/sites/mikecollins/2015/02/04/wall-street-and-the-financialization-of-the-economy/print/

Wall Street And The Financialization Of The Economy by Mike Collins, Forbes Magazine


Regulation of the Banks and other measures are suggested in these articles. There has been actions taken, bills passed and so forth in the years since 2008. We need a serious look at these developments in order to re-shape our economy, banking system and corporate sectors so that the middle class expands while the 40-50 million people in poverty have a chance to participate in a decent lifestyle and all that it encompasses. Too, and probably most apparent is the need to close the extreme gap between the wealthy and the poor, the 1% and the 99%...
we used to feel awe at the millionaires, while we now see the obscene growth of billionaires in the U.S. China,

Arn H. Specter (arnpeace), arnpeace|AT|gmail.comEmail address

P.O. Box 5857, Phila. Pa. 19128, Twitter and OP-Ed News

http://www.opednews.com/populum/diarymanage.php

200 articles on various issues of the day.


 

- Advertisement -
Progress/Spiritual male, 63, lives in Phila. Retired and active on progresive issues; Reducing Military Spending, Nuclear Nonproliferation, Impeachment, Stoping the War , Disarmament, Single-Payer health care, Animal Welfare, Communities Advocate, (more...)
 
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles