April 22, 2012
‘The Only Winning Move Is Not to Play‘—The Insanity of the Regulatory Race to the Bottom by William K. Black The plot of the movie WarGames (1983) involves a slacker hacker (played by Matthew Broderick) who starts playing the game “Global Thermonuclear War” with Joshua, a Department of Defense (DoD) supercomputer that [...]
Tags: Chief executive officer, FCIC, Financial Crisis Inquiry Commission, James Q. Wilson, JOBS Act, Obama, WarGames, William K. Black
Posted in Economics, Economy | No Comments »
April 20, 2012
News From George Soros‘ Berlin Conference – Economists Discover Human Beings Could economists be leaving behind their mechanistic paradise for the messy, unpredictable human world? April 18, 2012 | Photo Credit: shutterstock LIKE THIS ARTICLE ? Join our mailing list: Sign up to stay up to date on the latest headlines via email. Economists are [...]
Tags: Economic, George Soros, INET, Institute for New Economic Thinking, James K. Galbraith, Milton Friedman, Occupy Wall Street, Soros
Posted in economic measures, Economics, Economy | No Comments »
January 7, 2012
The Dismal Economic Outlook For The New Year By Paul Craig Roberts January 06, 2012 “Information Clearing House” - Jobs offshoring, financial deregulation, and ten years of wars have severely damaged the US economy and the economic prospects of 90% of the American population. The signs are everywhere in front of our eyes. [...]
Tags: Central Intelligence Agency, Iraq, National Association of Realtors, New Economy, Paul Craig Roberts, Saddam Hussein, United State, United States Economy
Posted in economic measures, Economics, Economy | No Comments »
January 7, 2012
Never-ending growth, while not sustainable, seems to be the focus of economists [GALLO/GETTY] Cambridge, United Kingdom - Modern macroeconomics often seems to treat rapid and stable economic growth as the be-all and end-all of policy. That message is echoed in political debates, central-bank boardrooms and front-page headlines. But does it really make sense to take growth as the [...]
Tags: Amartya, Cambridge, Economic growth, Human Development Report, Jean-Paul Fitoussi, Joseph Stiglitz, Richard Easterlin, Social Progress, World War II
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, economic measures, Economics, Economy | No Comments »
January 5, 2012
Chinese policy makers have more room for manoeuvering than their Indian counterparts [Getty Images] New Haven, Connecticut - Today, fears are growing that China and India are about to be the next victims of the ongoing global economic carnage. This would have enormous consequences. Asia‘s developing and newly industrialised economies grew at an 8.5 per [...]
Tags: Asia, Business and Economy, China, Chinese language, Economy of the People's Republic of China, Gross domestic product, India, United States
Posted in China, economic measures, Economics, Economy, India | No Comments »
January 3, 2012
Delmar catches a medium-sized Humboldt Squid, also known as the Red Devil or Diablo Rojo. Photo Credit: EMMANUEL RUIZ From Alternet site http://www.alternet.org/ LIKE THIS ARTICLE ? Join our mailing list: Sign up to stay up to date on the latest headlines via email. Vampire Squid Watch: 4 Scary Economic Trends for 2012 [...]
Tags: Alternet, Federal Reserve System, Ferguson, Humboldt Squid, Institute for New Economic Thinking, Jamie Dimon, Lazonick, United State, United States, University of Massachusetts Lowell, Wall Street, William Lazonick
Posted in economic measures, Economics, Economy | No Comments »
December 31, 2011
Palestinian Authority Prime Minister Salam Fayyad helps to rebuild a Bedouin makeshift house near Hebron a day after the Israeli army destroyed it. (MaanImages/Mustafa Abu Dayeh, Pool) By Sam Bahour It’s the end of the year and time to turn the page after a bit of reflecting. What better way to reflect [...]
Tags: Economy of the Palestinian territories, Israel, Oslo Accords, Palestinian National Authority, Paris Protocol, Salam Fayyad, Sam Bahour, West Bank
Posted in economic measures, Economics, Economy, Israel, Palestine | No Comments »
December 20, 2011
For those of you who believe or would like to believe that capitalism is really amenable to fixes by putting more money into the system this is an article of interest. However, when you are dealing with an economy totally geared to stealing the money of the people from the general fund as well as [...]
Tags: Barack Obama, Federal Insurance Contributions Act tax, Gross domestic product, Obama, Republican Congress, Republicans, Tax cut, United States
Posted in economic measures, Economics, Economy | No Comments »
December 17, 2011
Freakonomics: What Went Wrong? Examination of a very popular popular-statistics series reveals avoidable errors Andrew Gelman, Kaiser Fung The nonfiction publishing phenomenon known as Freakonomics has passed its sixth anniversary. The original book, which used ideas from statistics and economics to explore real-world problems, was an instant bestseller. By 2011, it had [...]
Tags: Dubner, Freakonomics, Levitt, New York Times, Stephen J. Dubner, Steven Levitt, SuperFreakonomics, University of Chicago
Posted in economic measures, Economics, Economy, Uncategorized | No Comments »
November 9, 2011
Any fossil fuel infrastructure built in the next five years will cause irreversible climate change, according to the IEA. Photograph: Rex Features World headed for irreversible climate change in five years, IEA warns If fossil fuel infrastructure is not rapidly changed, the world will ‘lose for ever’ the chance to avoid dangerous climate change [...]
Tags: Birol, Climate change, Durban, Fatih Birol, Fossil fuel, Guardian, IEA, International Energy Agency, Japan, World Energy Outlook
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, civil liberty, Climate, Climate change, Climate denial, Democracy, economic measures, Economics, Economy, Environment, Environment and climate, Environmental activist, IMF, Imperial Project, Imperialism, Mining, oil, oil and gas resources, Peak oil, Political psychopaths, President of the World, Propaganda, Protest | No Comments »
October 31, 2011
India has a gender ratio at birth of about 110 boys for every 100 girls with large regional variations [AFP] According to the United Nations’ Population Division, the world’s human population hits seven billion on October 31. As always happens whenever we approach such a milestone, this one has produced a spike in conferences, seminars, [...]
Tags: China, India, Population growth, Project Syndicate, Sanjeev Sanyal, Total fertility rate, United Nations, World population
Posted in economic measures, Economics, Economy, Education, Environment, Environment and climate, Environmental activist | No Comments »
October 29, 2011
AP / Thomas Watkins Residents hang out at the basketball court at Algin Sutton Recreation Center in South Los Angeles. The center is included in the city’s Summer Night Lights program aimed at reducing gang violence. By Bill Boyarsky While Occupy Wall Street and similar movements around the country take aim at financial institutions and their [...]
Tags: Advancement Project, Crime, Gang, Los Angeles, Mara Salvatrucha, Martin Luther King, Thomas Watkins, United States
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Democracy, economic measures, Economics, Economy, Imperial Project, Imperialism, US economy, US Politics, US public opinion, USA | No Comments »
October 26, 2011
Gross National Product was developed in the 1930s and 1940s as a measure of economic actvity [GALLO/GETTY] Aside from the nation of Bhutan, which strives to maximise Gross National Happiness, virtually all countries in the world single-mindedly pursue endless increases in Gross National Product (GNP), which measures the market value of final goods and services [...]
Tags: Bhutan, Economic, GNP, Gross National Happiness, Gross National Product, OPEC, Simon Kuznets, United States
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, economic measures, Economics, Economy, Education, Environment, Environment and climate, Environmental activist | No Comments »
October 20, 2011
There has been a large number of new posts added to this site. Some with a preface written by me and an article written by me that looks at the question of consent. On one hand these are exciting times when you look at what is a new level of appreciation of how the rampant [...]
Tags: Earth, History, Human, NESARA, New World Order, United States, Wealth, World War III
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Democracy, Democracy in Asia, Democracy in the Arab World, Dictators, Dissent, economic measures, Economics, Economy, Education | No Comments »
October 19, 2011
Clashes in Greece as strikes begin – European debt crisis live People demonstrate in front of the Greek parliament in Athens Photograph: Angelos Tzortzinis/AFP/Getty Images • Shop windows smashed in protests in Athens and Thessalonikias 48-hour strike begins • Shares rise as euro deal nears • Bank of England MPC unanimous on QE • Lunchtime round-up • Today’s agenda [...]
Tags: Anti-austerity protests, Athens, European sovereign debt crisis of 2010–present, Greece, Hellenic Parliament, Politics of Greece, Syntagma Square, Thessaloniki
Posted in economic measures, Economics, Economy, Greece, Greece and debt, Greece and Stock Market | No Comments »
October 19, 2011
A secret US memo authorised the killing of radical cleric Anwar al-Awlaki for his alleged role in an al-Qaeda affiliate [EPA] The United States’ recent killing of Anwar al-Awlaki in Yemen has prompted renewed debate over the CIA’s predator drone programme. That the US government asserts the right to eliminate a terrorism suspect far from [...]
Tags: al-Qaeda, Anwar al-Awlaki, Awlaki, New York Times, Obama administration, OLC, United States, Yemen
Posted in CIA, civil liberty, Democracy, Democracy in the Arab World, economic measures, Economics, Economy, Fascism, Obama, Obama regime, Obama warmonger, Taliban, torture, Torture and Human Rights, Torture and Rumsfeld, US economy, US elections, US Foreign Policy, US life and the military, US Politics, US public opinion, US torture; art and science, US war crimes, USA, War, War Crimes, War is a crime | No Comments »
October 17, 2011
Dispatch From Activist Arrested for “Assaulting” Leon Panetta During Supposedly Public Hearing LIKE THIS ARTICLE ? Join our mailing list: Sign up to stay up to date on the latest Civil Liberties headlines via email. A CODEPINK activist shares the story of how she and seven others were arrested last week while trying to bring [...]
Tags: Chairman of the Joint Chiefs of Staff, Code Pink, Congress, Iraq, Leon Panetta, United State, United States House Committee on Armed Services, United States Secretary of Defense
Posted in Democracy, Dictators, economic measures, Economics, Economy, Leon Panetta, US economy, US elections, US Foreign Policy, US life and the military, US Politics, US public opinion, US torture; art and science, US war crimes, USA, voodoo rhythm economics, War, War and economics, War Crimes, War criminals all types, War is a crime | No Comments »
October 16, 2011
Obama vs. Jobs; Hope vs. Reality By David Swanson http://warisacrime.org/content/obama-vs-jobs-hope-vs-reality Last week, President Obama racked up several more broken campaign promises as he pushed through Congress three new job-killing corporate trade agreements. The Senate Finance Committee was quite open about the fact that these agreements will kill off more jobs and eager to mitigate the [...]
Tags: Barack Obama, David Swanson, Democrat, Democratic, Harry Reid, Obama, Republican, United States
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, economic measures, Economics, Economy, US elections, US Foreign Policy, US public opinion | No Comments »
October 13, 2011
Italians took to the streets on Wednesday to protest against austerity measures [Reuters] The Italian prime minister is bracing for a confidence vote in parliament this week that will determine his political future amid rifts within the government and rallies against its handling of the financial crisis. Silvio Berlusconi will address the parliament on Thursday and is likely to defend [...]
Tags: Berlusconi, Fabrizio Cicchitto, Giorgio Napolitano, Giulio Tremonti, Italy, Mario Draghi, Prime Minister of Italy, Silvio Berlusconi
Posted in Capital Project, Capitalism, Capitalism and debt, civil liberty, Democracy, economic measures, Economics, Economy | No Comments »
October 12, 2011
Saving the Rich, Losing the Economy by PAUL CRAIG ROBERTS Economic policy in the United States and Europe has failed, and people are suffering. Economic policy failed for three reasons: (1) policymakers focused on enabling offshoring corporations to move middle class jobs, and the consumer demand, tax base, GDP, and careers associated with the jobs, [...]
Tags: Alan Greenspan, American International Group, China, Emergency Economic Stabilization Act of 2008, European Union, Federal Reserve, Gross domestic product, India, Soviet Union, United State, United States Economy
Posted in economic measures, Economics, Economy | No Comments »
October 9, 2011
Euro crisis spreads and puts the world economy at risk When G20 finance ministers meet in Paris next weekend, the stakes will be enormous for both Europe and the world Face to face: German chancellor Angela Merkel and Greek prime minister George Papandreou at a press conference during their talks over Greek debt last month. [...]
Tags: Angela Merkel, Athens, EFSF, European Central Bank, European Financial Stability Facility, Greece, Greek, International Monetary Fund
Posted in economic measures, Economics, Economy, voodoo rhythm economics | No Comments »
September 23, 2011
Disasters Merging By Nomi Prins “Tropic of Chaos: Climate Change and the New Geography of Violence” A book by Christian Parenti “Tropic of Chaos,” Christian Parenti’s epic new book, revolves around what the author refers to as catastrophic convergence, the “collision of political, economic and environmental disasters.” Catastrophic convergence is a culmination of the compounding and [...]
Tags: Christian Parenti, Climate change, Cold War, Nomi Prins, Taliban, Tropic of Capricorn, United States, World Bank
Posted in Climate, Climate change, Climate denial, economic measures, Economics, Economy, Environment, Environment and climate, Environmental activist | No Comments »
September 19, 2011
Should we wait for the oil to run out? Food to run out? For collapse? Or can we plan our way back down, through power-down, simplification, localization? You have heard the big banks, in Europe, America and Japan are actually bankrupt. They still value their real estate collateral at the high points before the crash. [...]
Tags: Conrad Schmidt, Ecological footprint, Energy, environment, International Energy Agency, Jevons Paradox, United States, Work-Less-Party
Posted in economic measures, Economics, Economy, Peak oil, USA, voodoo rhythm economics | No Comments »
September 11, 2011
The ‘other’ Arctic sea ice melt Clear skies allowed a largely unobstructed view of the Arctic in early July 2011. Photograph: MODIS/Terra/NASA Reports focus on the possibility a record minimum for Arctic sea ice in September, but a major loss during the early summer months is climatologically more important “Well, it’s not really good [...]
Tags: Arctic, Geophysical Research Letters, Ice-albedo feedback, Measurement of sea ice, National Snow and Ice Data Center, Polar ice packs, Sea ice, Sunlight
Posted in Climate, Climate change, Climate denial, economic measures, Economics, Economy, Environment, Environment and climate, Environmental activist, Uncategorized | No Comments »
August 25, 2011
Amnesty for the Indefensible White House / Pete Souza By Robert Scheer As Chomsky put it so well crime does not pay unless of course it is backed by the state. That much is all a part of capitalist democracy as much as any other system. It seems that the banks despite an official bail out [...]
Tags: Barack Obama, Eric Schneiderman, Federal Housing Administration, Federal Reserve Bank of New York, New York Attorney General, New York Times, United States Department of Justice, Wall Street
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Education, elections, Elites, Fascism, Foreign Policy, Imperial Project, Imperialism | No Comments »
August 24, 2011
Viewing the economy as a living body implies that it is self-regulating, and thus should be left alone [GALLO/GETTY] The sustained financial crisis that the US government now finds itself in was entirely avoidable, according to a paperby Berkeley economist Brad DeLong last year, “Battered but Not and Beaten”. The situation in late 2008 was dire, [...]
Tags: Adam Smith, Brad DeLong, Cognitive dissonance, Community Reinvestment Act, Fable of the Bees, George Lakoff, John Maynard Keynes, Netroots Nation, United State
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, US economy, US elections, US Foreign Policy, US life and the military, US Politics, US public opinion, US war crimes, USA, voodoo rhythm economics, War, War and economics | No Comments »
August 24, 2011
Biden, pictured with his granddaughter, urged China to buy more American-made goods and services [AFP] The United States will never default on its debts, Joe Biden, the vice-president, said on the final day of an official visit to China dominated by concerns over Chinese exposure to the ailing US economy. Speaking to students on Sunday [...]
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, China, Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, US economy, US elections, US Foreign Policy, US Politics, USA, voodoo rhythm economics | No Comments »
August 24, 2011
BoA’s shares tumbled a further 6.4% on Tuesday to their lowest level since March 2009 Photograph: Shannon Stapleton/REUTERS Bank of America continued its tailspin on Tuesday as shares in the largest US bank tumbled by another 6.4% to their lowest level since March 2009, fuelling fears of a second banking crisis. As concerns mounted [...]
Tags: Bank of America, BoA, China Construction Bank, Graham Turner, Lehman Brothers, New Jersey, New York, United States
Posted in economic measures, Economics, Economy, US economy, voodoo rhythm economics | No Comments »
August 21, 2011
Bolivia‘s first crop insurance scheme promises to empower farmers Farmers finally have a much-needed alternative to loans as they seek to safeguard against the ruinous effects of natural disaster Bolivian women pick up potatoes in El Alto. A new crop insurance scheme offers farmers protection against natural disaster. Photograph: Ali Burafi/AFP/Getty Images Natural disasters can [...]
Tags: Agriculture, Bolivia, Crop insurance, Farmer, International Labour Organization, Latin America, Natural disaster, Pro Mujer
Posted in Bolivia, Democracy, economic measures, Economics, Economy, Environment, Environment and climate, Environmental activist | No Comments »
August 19, 2011
March 14, 2011 Is Egypt the Future IndoTurkeZil? So Many Ways to Strut Your Democratic Stuff in a New World By Pepe Escobar Three mummies were recently found in an underground temple in Luxor, Egypt. Translated hieroglyphs identified them as the Clash of Civilizations, the End of History, and Islamophobia. They ruled in Western domains [...]
Tags: Arab world, Clash of Civilizations, egypt, Egyptian Army, Hassan al-Banna, Hosni Mubarak, middle east, Turkish Economic and Social Studies Foundation
Posted in Capitalism, Democracy, Democracy in Asia, Democracy in the Arab World, economic measures, Economics, Economy, Education, elections, Elites, Escobar, Escobar Escobar opinion thoughts, Fascism | No Comments »
August 18, 2011
] Walter Lippmann on the 6¢ stamp, part of the US Postal Service’s Great American Series. Those who have been following the world wide push to get people to accept massive cuts to just about every service available must be amazed at the depth of the cuts and the way the matters are [...]
Tags: Barack Obama, Capitalism, Labour, Noam Chomsky, Politics, Prime minister, Tony Blair, United State
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Propaganda | No Comments »
August 17, 2011
France’s president Nicolas Sarkozy, right, and German chancellor Angela Merkel meet to discuss the debt crisis. Photograph: Philippe Wojazer/AFP/Getty Images Watching the still-unfolding eurozone crisis is like watching Europe sleepwalk into an entirely preventable disaster. The latest figures have shown that even the German economy is now experiencing almost zero growth, following other countries, such as [...]
Tags: Angela Merkel, Economy of Germany, European Central Bank, European Financial Stability Facility, European Union, Germany, Nicolas Sarkozy, Politics of Europe
Posted in economic measures, Economics, Economy, European, European debt Italy Greece, European Foreign Policy | No Comments »
August 15, 2011
You can watch the video interview at:http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=7131 Bart Chilton: Wall Street lobbyists trying to slow down trading regulations and defund Commission. Notwithstanding the simplicity of what is and was a fraud being perpetrated against the people once again we get a lot of talk about how complicated or complex the situation is. But there is a [...]
Tags: Business, Commodity Futures Trading Commission, Dodd–Frank Wall Street Reform and Consumer Protection Act, Hedge fund, Investing, United States, Wall Street, West Texas Intermediate
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, US economy, US elections, US Politics, US public opinion | No Comments »
August 14, 2011
In Australia at the moment there is an advertisement being run by those against a Carbon Tax. Now whether you think the tax is a good thing or a bad thing just listen closely to the reasons this business person gives for opposing this ‘pernicious tax’ if that is the impression intended. Apparently not only [...]
Tags: Australia, Carbon Cycle, Carbon tax, Economy of Australia, environment, Greenhouse gas, Julia Gillard, Tax
Posted in Climate, Climate change, Climate denial, economic measures, Economics, Economy, Environment, Environment and climate, Environmental activist | No Comments »
August 14, 2011
People who were abroad over the last 10 days will return to a different country from the one they left. England has been changed, perhaps permanently, by what has happened. The confidence we had in the basic success of our society was shattered, together with the idea that we could always muddle through, getting more [...]
Tags: David Cameron, England, Independent Police Complaints Commission, London, Los Angeles, Police station, Riot, Syria, Television, Warfare and Conflict
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Democracy, economic measures, Economics, Economy, Education, UK, UK DPP, UK fascism, UK Foreign Policy, UK Monarchy, UK riots and unrest | No Comments »
August 14, 2011
A protest in Yasuní national park, Ecuador in 2007. The slogan translates as ‘let Yasuní live’. Photograph: Lou Dematteis/Spectral Q/Redux/Eyevine Where the foothills of the Andes meet the vast Amazonian rainforest in eastern Ecuador there is a small town called Shell. It’s a pockmarked, termite-eaten, one-street place which doubles as a missionary centre and a regional [...]
Tags: Alberto Acosta, Amazon Rainforest, Ecuador, Rafael Correa, Shell Oil Company, Taromenane, United States, Yasuni National Park
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Democracy, disaster, Economics, Economy, Education, Elites, Environment, Environment and climate, Environmental activist | No Comments »
August 13, 2011
US postal service trucks. Postmaster general Patrick Donahoe is proposing to cut mail delivery from six days a week to five. Photograph Scott Olson/Getty Images The US Postal Service has announced radical plans to cut one in five jobs, reduce services and water down staff retirement and healthcare deals as the government agency struggles to keep [...]
Tags: Communication Workers Union, Mail, National Association of Letter Carriers, Patrick Donahoe, Royal Mail, United States, United States Congress, United States Postal Service
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Education, Elites, Global capitalism and imperialism, Imperial Project, Imperialism | No Comments »
August 12, 2011
French president Nicolas Sarkozy must convince financial markets that he can meet his fiscal targets. Photograph: Eric Feferberg/AFP/Getty Images The French economy failed to grow in the last quarter as households across the country cut their spending, in the latest sign that the European economy is stumbling. Data released by Eurostat, the region’s statistics body, [...]
Tags: BNP Paribas, Economic growth, Economy of France, European Central Bank, France, François Baroin, Gross domestic product, Nicolas Sarkozy
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy | No Comments »
August 8, 2011
European markets stabilised after the ECB began buying Italian and Spanish debt on Monday [AFP] The stock market ‘woes’ are symptomatic of the immorality of allowing people to deal in a created commodity like a company or corporation while they make no contribution to the company. The company or corporation only exists [...]
Tags: CAC 40, Dow Jones Industrial Average, European Central Bank, FTSE 100 Index, FTSE MIB, Hang Seng Index, Hong Kong, KOSPI, New York Stock Exchange, Nikkei-225, SSE Composite Index, Standard & Poor's
Posted in debate and discussion, Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Elites, Global capitalism and imperialism, Imperial Project, Imperialism, Political psychopaths, President of the World, Propaganda, Protests, Psycopaths, Spending Cuts, Standard and Poors, Stock market, US economy, US Politics, US public opinion | No Comments »
August 8, 2011
A cyclist rides past the European Central Bank headquarters in Frankfurt. The ECB is to buy government bonds from Italy and Spain. Photograph: Ralph Orlowski/Reuters The European Central Bank has moved to halt Europe’s runaway debt crisis by pledging to buy government bonds from Italy and Spain. The move to prop up Europe’s struggling nations [...]
Tags: Bank of England, David Blanchflower, European Central Bank, Eurozone, Italy, Jean-Claude Trichet, Silvio Berlusconi, Spain
Posted in economic measures, Economics, Economy, Elites, European, European debt Italy Greece, European Foreign Policy | No Comments »
August 7, 2011
S&P August 6, 2011: S&P Warns of Potential Finance Meltdown Gerald Epstein: Real message of S&P downgrade of US debt outlook is threat of another meltdown of finance sector May 9, 11 Why Did S&P Issue Warning on US Bond Rating? Kevin Hall and Mark Weisbrot discuss reasons for Standard and Poor’s warning US could lose [...]
Tags: Bond credit rating, Credit rating agency, Finance, Mark Weisbrot, Moody's, Standard & Poor's, United States, United States public debt
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Elites | No Comments »
August 7, 2011
Markets are anxiously looking for ECB to start buying Italian and Spanish debt to stabilise prices [AFP] The European Central Bank (ECB) has decided to intervene decisively on markets to respond to the escalating debt crisis, a eurozone monetary source said after a conference call between ECB and G7 finance ministers. Officials on the conference call [...]
Tags: David Cameron, European Central Bank, Finance minister, Jan Kees de Jager, Nicolas Sarkozy, Reuters, Standard & Poor's, United States
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, Elites, European, European debt Italy Greece, European Foreign Policy | No Comments »
August 7, 2011
A trader on the floor of the New York Stock Exchange. There is mounting fear on Wall Street that the US is at risk of sliding into long-term economic trouble. Photograph: Jin Lee/AP 9.43pm: We’re still waiting for the full ECB statement but it looks like a bond-buying spree is on the way. “The Euro [...]
Tags: Bank of England, David Blanchflower, European Central Bank, New York Stock Exchange, Nicolas Sarkozy, Standard & Poor's, Timothy Geithner, United States
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy, elections, Elites | No Comments »
August 7, 2011
A Wall Street sign in front of the New York stock exchange. Recent events have changed the US as an unassailable economic superpower. Photograph: Lucas Jackson/Reuters When India joined China in criticising America’s chaotic handling of its hefty debts this weekend, describing the challenges facing the White House as “grave”, it was the clearest indicator yet [...]
Tags: Bank of England, China, European Central Bank, European Financial Stability Facility, Italy, Jean-Claude Trichet, Standard & Poor's, United States
Posted in debate and discussion, Debt Crisis, Debt sham, Democracy, disaster, Dissent, economic measures, Economics, Economy, elections, Elites, European, European debt Italy Greece, European Foreign Policy, Fascism, Germany, Germany new old politics, Global capitalism and imperialism, Global Food System, Human Rights, IMF, Imperial Project, Imperialism, Manufacturing Consent, Media, Media distortion, Media manipulation, melt down, Middle East, Military, Military madmen, NATO, Obama warmonger, oil, oil and gas resources, Peak oil, Political psychopaths, Poverty, President of the World, Propaganda, Psycopaths, UK, UK fascism, UK Foreign Policy, US economy, US Politics, US public opinion, voodoo rhythm economics, War and economics | No Comments »
July 26, 2011
The discovery that Greece‘s debt-to-GDP ratio is over 100 per cent has caused the government to impose severe austerity measures – leading to many violent riots by its citizens [EPA] Economists like to talk about thresholds that, if crossed, spell trouble. Usually there is an element of truth in what they say. But the public [...]
Tags: Carmen Reinhart, Debt-to-GDP ratio, Greece, Gross domestic product, Kenneth Rogoff, Keynesian economics, Robert J. Shiller, United States
Posted in Capital, Capitalism, Capitalism and debt, Capitalism for Zombies, debate and discussion, Democracy, economic measures, Economics, Economy, Education, Elites, IMF, Imperial Project, Imperialism, Manufacturing Consent, oil, oil and gas resources | No Comments »
July 26, 2011
The plane Raquel Gutiérrez was travelling in was turned out of US airspace last week. Photograph: Itani Images/Alamy On Wednesday 20 July 2011 at 10.35pm, I boarded Aeroméxico flight 033 in Mexico City to go to Barcelona. I was to connect from there to another Alitalia flight to Italy, where I was meeting friends to [...]
Tags: Aeroméxico, Alitalia, Barcelona, Bolivia, Federal Police (Mexico), Mexico, Monterrey, United States
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, CIA, civil liberty, Democracy, economic measures, Economics, Economy | No Comments »
July 26, 2011
Mike Davis, The Coming Economic Disaster Posted by Mike Davis at 8:15am, July 26, 2011. [Note for TomDispatch Readers: A heartfelt thanks to all of you who, in these dog days of summer, contributed $100 or more for a personalized, signed copy of Christian Parenti’s cutting-edge new book, Tropic of Chaos: Climate Change and the New Geography [...]
Tags: Christian Parenti, Henry Felsen, iPod, Max Blumenthal, Mike Davis, National Safety Council, Planet of Slums, United States
Posted in economic measures, Economics, Economy, Education, Elites, Fascism, Political psychopaths, President of the World, Propaganda, Protests, Psycopaths, Regulating Democracy, Resource Wars, Right Wing, UK, UK fascism, UK Foreign Policy, UK Monarchy, US economy, US elections, US Foreign Policy, US public opinion | No Comments »
July 26, 2011
This page has been saying for quite some time that voodoo rhythm economics is realy about making those lower in the enforced hierarchy as per the inoculated delusion pay for the lifestyle of the rich and the elite. The contribution to the general fund by the rich is inordinately small and often non-existent, as these [...]
Tags: BarackObama, Eric Cantor, GOP, John Boehner, Politics, Republican, United State, United States Congress
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Democracy, economic measures, Economics, Economy, Education | No Comments »
July 26, 2011
For those interested in the cancer of the voodoo economic rhythm this editorial should be illuminating. But consider this. The US elite that wishes to rule the planet has been putting what it feels is necessary to achieve this goal for at least a century. What has always driven this march to hegemony is that the people [...]
Tags: Barack Obama, Bush tax cuts, Cancer, Elite, Harry Reid, middle east, Nigeria, Party leaders of the United States Senate, President, Republican, South East Asia, Southeast Asia, United State, War crime, White House
Posted in Capital, Capital Project, Capitalism, Capitalism and debt, Capitalism for Zombies, Democracy, Democracy in Asia, Democracy in the Arab World, Dictators, Dirty Energy, Dissent, economic measures, Economics, Economy, Education, elections, Elites, Environment, Environment and climate, Evolution, Fascism, Food, Foreign Policy, Gillard, Global capitalism and imperialism, Global Food System, Guardian, IMF, Imperial Project, Imperialism, Manufacturing Consent, Media, Middle East, Military, Military madmen, Military Murders, Norway, Obama, Obama warmonger, oil, oil and gas resources, Peace Movement, Peak oil, Pentagon, Political psychopaths, pollution, President of the World, Propaganda, Protests, Psycopaths, Racism, Regulating Democracy, Resource Wars, Right Wing, UK, UK fascism, UK Foreign Policy, UK Monarchy, UN, Unemployment, US economy, US elections, US Foreign Policy, US Politics, US public opinion, US torture; art and science, US war crimes, USA, voodoo rhythm economics, War, War and economics, War Crimes, War criminals all types, War is a crime, War means war, War no reason needed, War on drugs, War on Islam and Muslims, War on terror, Waterboarding, Women abuse and targetting, Women and discrimination, Women and revolution, Women become tragerts, Women in the Middle East, Women's issues, Womens' views and action | No Comments »
July 26, 2011
Rupert Murdoch: Intellectual terrorism by PAUL J. BALLES on JULY 25, 2011 The past week’s news has been dominated by reports of scandals in Rupert Murdoch’s media empire. As journalist Ted Newcomen points out, there’s more to the story: The latest revelations in the UK about phone hacking, bribing the police, and frightening political leaders are just [...]
Tags: Fox News Channel, George W. Bush, Gulf Daily News, Reel Bad Arabs, Rupert Murdoch, Tony Blair, United States, War in Afghanistan (2001–present)
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