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(9 comments) SHARE Monday, February 2, 2009 Europe riots, food prices rise and jobs disappear: what's next for the US?
Europe is already seeing unrest, and many European leaders are worried about the fallout from the high energy prices and skyrocketing food prices. France's Minister of Finance said as much to the BBC, noting that the world's leadership needs to send a reassuring message to their citizens.
(3 comments) SHARE Monday, September 8, 2008 Heating, eating or sleeping: pick one
This is the beginning of an American fiscal revolution. Life as our parents knew it may well be beyond future generations for some time to come. Simply put, what was once a burgeoning real estate market, with couples purchasing "McMansions" and single men and women investing in condos and luxury living may well be fiction for future generations.
(3 comments) SHARE Thursday, November 22, 2007 Kids Charged As Adults: The Death of the Infancy Defense
As the emotional throw a ways and castaways bloat our prisons at a cost of more than $20,000 a year, too many of our resources are being diverted to the Prison-Industrial-Military Complex. What will happen to the children on the edge if the economy tanks and what few resources we have devoted to juvenile mental health and education disappear?
(2 comments) SHARE Saturday, February 28, 2009 Tanking Economy Generating Worldwide Violence, Drug Abuse
Around the world, law enforcement officials and sociologists are closely watching the current economy-driven rise in crime. Domestic violence, robbery, theft and murder are rising, as people fail to cope with job loss, repossession and uncertainty.
(5 comments) SHARE Tuesday, January 27, 2009 The Looming Food Crisis
If Food Stamps, soup kitchens and food pantries are inadequate to provide food security to the nation's poor, unemployed and destitute, then we must come up with another model for food security.
(14 comments) SHARE Saturday, February 14, 2009 Birth of a Financial Engineer: Who Creates Weapons of Financial Destruction?
With some of these exotic derivatives, computer models generate the only valuation that exists. No "real world" value exists, because, these products are valued on the fly, and some haven't been valued, even though they are part of "credit default swaps" which have been bundled and sold worldwide. Who puts a value on these financial instruments?
(1 comments) SHARE Friday, May 11, 2007 Corn Country Revolution Battle Lines Drawn Over Bio-Fuels
For all of the hype about "alternative energy," for all of the political hoopla touting gasohol as a way to wean the nation from its dangerous dependence on foreign oil, a group of activists in Southern Indiana is sounding the alarm about to the side effects of the rising corn-based ethanol industry.
SHARE Tuesday, December 4, 2007 More single women buying homes-and becoming targets for real estate thieves
There are thousands of desperate single mothers out there, desperate to create a better life for themselves and their families, desperate to stop enriching greedy landlords, desperate to hold a piece of the American Dream for their own. And, in their desperation, they have become lunch meat for the predatory loan industry, even if they have "good credit."
(1 comments) SHARE Thursday, February 19, 2009 Welcome to Bailout 2.0: Are We Still Looking at Financial Catastrophe?
If the banks really have no clue as to what their exposure is; if they don't know exactly how many bad debts they hold, how can we even contemplate bailing them out, when we don't know what we are bailing them out of, what the bill is, or if we have the money to effect a realistic bailout?
(1 comments) SHARE Saturday, December 29, 2007 What's Race Got to do with It?
Across the board, from auto loans to mortgages and credit card interest rates, black consumers, along with Hispanic borrowers often are targeted for expensive, high risk loans, lesser medical care and consumer credit fraud.
SHARE Friday, November 14, 2008 New Shoes on Old Debt-Current economic woes have 1980's roots
Debt, debt service, and debt manipulation have often been used as political tools and economic warfare. Even now, foreclosure-generated land and wealth redistribution has the potential to restructure economies and political systems worldwide.
SHARE Sunday, December 2, 2007 Mortgage fraud: It's so bad feds just track cases over 50K
Mortgage fraud has long since left the small operator behind. These days, the meat of the fraud is generated by organized rings of specialized thieves, including bankers, real estate brokers, government loan specialists and drug king pins.
(7 comments) SHARE Wednesday, September 17, 2008 Political profiting from disaster capitalism: Campaign 08
Today's political candidates are trying to out do each other on how tough they would get on the financial industry, but the fact remains: anything "to be done" is merely closing the barn door after the fat cats have made out like bandits.
(1 comments) SHARE Monday, December 17, 2007 Foreclosure, fraud and third world living-In the United States
All over the country, "Home, Sweet Home" isn't sweet any more. Through no fault of their own, thousands of people who live in apartments that are being foreclosed on, are left out in the cold. Although many have paid timely rents, owners, property managers and others have managed to keep from paying the mortgage on their property, sending apartments around the nation into foreclosure.
SHARE Friday, August 10, 2007 Desperate Times for Black Land Crimes Victim in Texas
It's getting down to the wire and Sam Mims is getting desperate. The young black Texas rancher says he is the victim of what appears to be a long-standing conspiracy to run him off of his ranch-by any means necessary.
(1 comments) SHARE Sunday, February 8, 2009 Are Food Processors Gaming the System with Lab Shopping?
We need to open our eyes and look at our real vulnerabilities. One careless or directed Typhoid Mary in our food production industry is just as dangerous as the terrorist that our "shoe police" are trying to keep out of the country. Congress needs to put teeth, personnel and passion into our food safety network.
(1 comments) SHARE Saturday, February 7, 2009 Is SEC ideology or structure at the root of the regulation fiasco?
The catastrophic meltdown that we are currently experiencing was fueled by crony capitalism in Congress, the banks, brokerage houses and regulatory agencies. Congress lit the match and the whole thing went up in flames, which now threatens economies worldwide. The question of the day is: what's going to be left when the fire burns out?
(1 comments) SHARE Tuesday, January 1, 2008 2008--The Year They Killed the Golden Goose
The cost of the war, the risky derivative-based housing investments, and the weaker dollar are creating a perfect storm of financial catastrophe here and abroad. We have been playing Russian roulette with the economy and the bullet's now in the chamber. The piper will have his due-who's going to pay him, and in what currency?
SHARE Wednesday, November 14, 2007 Choosers of the Slain: Criminal conflicts of Interest in farm loan industry
Gary Grant is a black farmer who fully understands the challenges black farmers face in their quest for property rights and justice. Grant, founder of the Black Farmers and Agricultural Association, is locked in a legal battle with the federal government over a loan, which his father purportedly took out in 1981.
SHARE Friday, March 30, 2007 Who's Watching the Watchers and When Will Lady Justice Remove Her Blindfold and Kick Butt!
Farm activists across the country say there is a major connection between corruption in the Department of Justice, political cronyism and the scores of allegedly illegal farm auctions in farm country. Black farmers and white farmers have joined forces in many parts of the country, having seen that the divide and conquer strategy of the "black farm settlement" put them at each other's throats while few received relief.
(3 comments) SHARE Friday, January 25, 2008 Language obsession riles writers and fuels social engineering
Today, thousands of languages are no longer part of living memory. Many ethnic groups, most notably several Native American tribes, are seeing the last living native speakers of hundreds of languages slowly die out, taking their rich linguistic heritages to the grave with them.
(3 comments) SHARE Monday, November 5, 2007 Bucks, Bread and Bullets: Farming Under the Gun
In Pakistan, the situation is increasingly dire for millions of subsistence farmers and peasants. According to one source:
Most of the farmer community [in Pakistan], approximately 80%, constitute haris, or agricultural labourers, men and women, who do not own any land.
SHARE Tuesday, October 21, 2008 Breaking ranks in Bushland-officials publically disagreeing on policy
As Congress wimped out and sailed into pirate waters with the latest financial Trojan horse, economic terrorists have finally unleashed a weapon of economic distraction worthy of Machiavelli at his finest. Our Mayberry Machiavellis are doing their very best to walk off with the store, while the nation's bank regulators dance around this bonfire and pay homage to the gods of financial chaos.
(1 comments) SHARE Tuesday, May 1, 2007 Theft by Paper and Crooked Clerks
The litany of land theft victims is slowly reaching a crescendo, as more victims tell their stories. A corps of land thieves and their minions, people who are apparently flaunting Open Records Laws, run some counties in this country. Some are actually intimidating landowners from demanding access to their own land records, recorded deeds, etc.
(2 comments) SHARE Tuesday, November 6, 2007 Success! Permission obtained for protest
The persistence of an 80 year old black farmer who is an alleged victim of land theft has paid off. Kentucky State University officials in Frankfort, Kentucky have changed their minds about pushing his protest to an obscure location at the football stadium.