Page 7 of 17    First  Last   Back  Next  8  9  10  11  12  13  14  15  16     View All

(15 comments) SHARE        Friday, May 11, 2012
Social Security Checks Garnisheed for Student Debt Congress cannot agree on $6 billion to save the students, yet they managed to agree in a matter of days in September 2008 to come up with $700 billion to save the banks; and the Federal Reserve found many trillions more. Estimates are that tuition could be provided free to students for a mere $30 billion annually.

(29 comments) SHARE        Tuesday, September 9, 2014
Preparing To Asset-strip Local Government? The Fed's Bizarre New Rules In an inscrutable move that has alarmed state treasurers, the Federal Reserve just changed the liquidity requirements for the nation's largest banks. Municipal bonds have been eliminated from the list of high-quality liquid collateral. That means banks that are the largest holders of munis are liable to start dumping them in favor of the Treasuries and corporate bonds that do satisfy the requirement.

(2 comments) SHARE        Saturday, April 2, 2011
The World's Largest Publicly-owned Bank: How It Could Save Japan The Japanese government can afford its enormous debt because it owns the bank that is its principal creditor. But competitors are attempting to force Japan Post Bank's privatization. If they succeed, they could propel the country into debt servitude along with other credit-strapped nations.

(24 comments) SHARE        Wednesday, January 27, 2016
The Populist Revolution: Bernie and Beyond Contenders with their fingers on the popular pulse are surging ahead of their establishment rivals. Sanders has picked up the baton where Occupy Wall Street left off, forcing his opponent Hillary Clinton to respond . . .

(8 comments) SHARE        Thursday, October 16, 2008
The Real Debate: Crony Socialism or Economic Sovereignty? The Presidential debates failed to address what is really wrong with the economy -- a credit freeze representing a failure of the banking scheme itself. Bailing out bankrupt banks won't fix the problem. The banking system itself needs to be overhauled.

(4 comments) SHARE        Tuesday, February 9, 2010
AIG-Gate: The World's Greatest Insurance Heist The onion is being peeled in the AIG bailout, which is being compared to the Watergate scandal.

(14 comments) SHARE        Saturday, April 25, 2015
The Trans-Pacific Partnership and the Death of the Republic The Senate Finance Committee has approved a bill to fast-track the Trans-Pacific Partnership (TPP), a massive trade agreement that would override our republican form of government and hand judicial and legislative authority to a foreign three-person panel of corporate lawyers. The TPP would elevate the rights of investors -- also called the rights of "capital" -- above the rights of the citizens, which is unconstitutional.

(3 comments) SHARE        Friday, August 6, 2010
WHAT A GOVERNMENT CAN DO WITH ITS OWN BANK: THE REMARKABLE MODEL OF THE COMMONWEALTH BANK OF AUSTRALIA Virg Bernero, the mayor of Lansing, Michigan, just won the Democratic nomination for governor of his state, making a state-owned Bank of Michigan a real possibility. Bernero is one of at least a dozen candidates promoting that solution to the states' economic woes. It is an innovative idea, with little precedent in the United States. Fortunately other precedents are available from other countries . . .

(6 comments) SHARE        Sunday, February 5, 2012
Why the AGs Must Not Settle: Robo-signing Is Just the Tip of the Iceberg A foreclosure settlement between five major banks guilty of "robo-signing" and the attorneys general of the 50 states is pending for Monday, February 6 th ; but it is still not clear if all the AGs will sign.

(15 comments) SHARE        Thursday, June 29, 2017
Sovereign Debt Jubilee, Japanese-style Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.

(6 comments) SHARE        Friday, September 5, 2008
Take a Load Off Fannie: Bailout or Nationalization for the Mortgage Giants? The Treasury just sought and was granted an unlimited credit line to the GSEs, along with the authority to buy their stock, effectively nationalizing them; but this could mean $5 trillion more in liabilities for the federal government, causing it to lose its own triple-A rating. What to do? There is a solution that would salvage the mortgage giants and cost the taxpayers nothing . . .

(16 comments) SHARE        Thursday, June 11, 2015
Fast-tracking TiSA: Stealth Block to Monetary Reform The entire basis for maintaining our private extractive banking monopoly may have been thrown out the window. And that could help explain the desperate rush to "fast track" not only the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (TTIP), but the Trade in Services Agreement (TiSA). TiSA would nip attempts to implement public banking and other monetary reforms in the bud.

(7 comments) SHARE        Monday, April 2, 2012
Oh Canada! Imposing Austerity on the World's Most Resource-rich Country Even the world's most resource-rich country has now been caught in the debt trap. Its once-proud government programs are being subjected to radical budget cuts--cuts that could have been avoided if the government had not quit borrowing from its own central bank in the 1970s.

(10 comments) SHARE        Monday, November 4, 2013
Ireland: Ground Zero for the Austerity-driven Asset Grab The Irish have a long history of being tyrannized, exploited, and oppressed. Today, Ireland is under a different sort of tyranny, one imposed by the banks and the troika--the EU, ECB and IMF. The oppressors have demanded austerity and more austerity, forcing the public to pick up the tab for bills incurred by profligate private bankers.

(32 comments) SHARE        Thursday, December 20, 2012
Fiscal Cliff: Time to Call Their Bluff The self-induced austerity crisis is a diversion from the real crises, including unemployment, the housing crisis, a bloated military, and unrepayable debt. Slashing services, selling off public assets, and raising taxes won't cure these ills. To maintain a sustainable and productive economy requires a visionary leap into the new. A new economy needs new methods of public financing.

(6 comments) SHARE        Thursday, February 17, 2011
Restoring Economic Sovereignty: The Push for State-owned Banks In the last month three states have introduced bills for state-owned banks to bring the total number to seven.

(9 comments) SHARE        Tuesday, April 30, 2013
Bail-out Is Out, Bail-in Is In: Time for Some Publicly-owned Banks The crossing of the Rubicon into the confiscation of depositor funds was not a one-off emergency measure limited to Cyprus. Similar "bail-in" policies are now appearing in multiple countries. What triggered the new rules may have been a series of game-changing events including the refusal of Iceland to bail out its banks and their depositors

(17 comments) SHARE        Thursday, July 25, 2019
The Cheapest Way to Save the Planet Grows Like a Weed Hemp can help save our shrinking forests by eliminating the need to clear-cut them for paper pulp. One acre planted in hemp produces as much pulp as 4.1 acres of trees, according to the USDA; and unlike trees, hemp can be harvested two or three times a year. Hemp paper is also finer, stronger and lasts longer than wood-based paper. Benjamin Franklin's paper mill used hemp.

(57 comments) SHARE        Monday, June 12, 2017
Dear Mr. President, Be Careful What You Wish for: Higher Interest Rates Will Kill the Recovery Higher interest rates will triple the interest on the federal debt to $830 billion annually by 2026, will hurt workers and young voters, and could bankrupt over 20% of US corporations, according to the IMF. The move is not necessary to counteract inflation and shows that the Fed is operating from the wrong model.

(4 comments) SHARE        Saturday, October 30, 2010
HOW CHINA BUYS OUR DEBT WHILE BURYING ITS OWN China may be as heavily in debt as we are. It just has a different way of keeping its books -- which makes a high-profile political ad sponsored by Citizens Against Government Waste, a fiscally conservative think tank, particularly ironic. . . .

Page 7 of 17    First  Last   Back  Next  8  9  10  11  12  13  14  15  16     View All