All Blog Posts (1,375)

Nation of Change: The Global Banking Game is Rigged and the FDIC is Suing

The following is an excellent article  from the Nation of Change website written by Ellen Brown on April 14, 2014 titled "The Global Banking Game is Rigged and the FDIC is Suing" and I quote:

"Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. …

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Added by LaVern Isely on April 15, 2014 at 2:33pm — No Comments

The Nation: Will Phony Populists Hijack the Fight Against Inequality?

The following is an excellent excerpt from the article in the April 21, 2014 issue of The Nation on page 22-24 written by Zoe Carpenter titled " Beware the Inequality Opportunists" and I quote:

"This is not to say there’s nothing to the argument that globalization and technological change have driven the inequality crisis. “But,” Stiglitz cautions, “each of those have been shaped by our policies. So, for instance, with globalization, the rules of the game have all been set by…

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Added by LaVern Isely on April 14, 2014 at 11:28am — No Comments

Forging A New Economic Model

The following is an excellent excerpt from the book “THE PUBLIC BANK SOLUTION: From Austerity to Prosperity” by Ellen Brown from Chapter 22 titled “Beyond Capitalism and Socialism: The Japanese State-Guided Model and the “Asian Tigers” from page 258 and I quote: “Forging a New Economic Model – [Eamonn] Fingleton sheds light on the power struggle between the MOF…

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Added by LaVern Isely on April 10, 2014 at 10:30am — No Comments

From the Populist Movement to the Federal Reserve

The following is an excellent excerpt from the book “THE PUBLIC BANK SOLUTION: From Austerity to Prosperity” by Ellen Brown from Chapter 13 titled “From the Populist Movement to the Federal Reserve” and I quote:

“The Farmers should raise less corn and more hell.”…

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Added by LaVern Isely on April 9, 2014 at 1:43pm — No Comments

Nation of Change: Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins

The following is an excellent article from the Nation of Change website written by  Ellen Brown on April 2, 2014 titled "Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins" and I quote:

"On March 20, 2014, European Union officials reached an historic agreement to create a single agency to handle failing banks. Media attention has focused on the agreement involving the single…

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Added by LaVern Isely on April 7, 2014 at 10:15am — No Comments

How Reliable Is Deposit Insurance?

The following is an excellent excerpt from the book “THE PUBLIC BANKING SOLUTION: From Austerity to Prosperity” by Ellen Brown from Chapter 29 “The Ultimate Affront: Bail-Ins, Derivatives and Forced Austerity” on page 342 and I quote: “How Reliable Is Deposit Insurance? - Before the Federal Deposit Insurance Corporation was instituted in 1934, depositors routinely lost their money when banks went bankrupt.…

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Added by LaVern Isely on April 5, 2014 at 10:30am — No Comments

Join Facebook Group Adjunct Faculty Union (AFU) Resistance Archive

THE ADJUNCT FACULTY UNION (AFU)

IS ORGANZING ADJUNCT PROFESSORS…

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Added by Reid Friedson on April 5, 2014 at 8:00am — No Comments

The Real Threat: Derivatives Claimants Could Grab All the Collateral in Bankruptcy

The following is an excellent excerpt from the book “THE PUBLIC BANK SOLUTION: From Austerity to Prosperity” by Ellen Brown from Chapter 29 titled “The Ultimate Affront: Bail-Ins, Derivatives and Forced Austerity” on page 339 and I quote: “The Real Threat: Derivatives Claimants Could Grab All the Collateral in Bankruptcy – The “interbank claims” that [John] Butler says are made senior to depositor claims include the claims of derivatives…

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Added by LaVern Isely on April 4, 2014 at 2:43pm — No Comments

The BIS Bail-In Template Goes Global

The following is an excellent excerpt from the book “THE PUBLIC BANK SOLUTION; From Austerity to Prosperity” by Ellen Brown from Chapter 29 titled “The Ultimate Affront: Bail-Ins, Derivatives and Forced Austerity” on page 335 and I quote:

            “[W]hy do they consider the banks to be the holy churches of the modern economy?  Why are…

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Added by LaVern Isely on April 3, 2014 at 10:07am — No Comments

Campaign For America's Future

The following is an excellent article from the Campaign for America's Future website written by Richard Eskow on April 1, 2014 titled "Ted Kaufman is Angry About Wall Street Injustice. Are You?" and I quote:

"Ted Kaufman is Angry About Wall Street Injustice. Are You?"

April 1, 2014

Richard Eskow

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Added by LaVern Isely on April 2, 2014 at 11:10am — No Comments

Bloomberg Businessweek: Aisa: Where is China's Debt Bomb Hiding?

The following is an excellent article from the Bloomberg Businessweek website of March 26, 2014 written by Dexter Roberts titled "Asia: Where is China's Debt Bomb Hiding?" and I quote:

"As fears rise of companies going bankrupt and local governments defaulting, and with speculation mounting about a coming “…

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Added by LaVern Isely on March 26, 2014 at 1:49pm — No Comments

Bloomberg Businessweek: Companies/Industries: Keeping the Mystery Out of China's Meat

The following is an excellent excerpt from the March 24 - April 6, 2014 issue of Bloomberg Businessweek on page 27 written by Liza Lin with Jing Jin titled "Companies/ Industries: Keeping the Mystery Out of China's Meat" and I quote:

"Ironically, China’s food safety standards are comparable with those in developed countries such as the U.S. and are often stricter, says Chen Junshi, senior research professor at the China National Centre for Food Safety Risk Assessment. But he says…

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Added by LaVern Isely on March 26, 2014 at 1:21pm — No Comments

Bloomberg Businessweek: Investigations: Steven Cohen Identified in New Insider Trading Suit

The following is an excellent article from the March 24 - April 6, 2014 issue of Bloomberg Businessweek on page 52 written by Sheelah Kolhatkar titled "Investigations: SAC's Troubles May Not Be Over Yet" and I quote:

Investigations

"Steven Cohen Identified in New Insider Trading Suit"

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Added by LaVern Isely on March 25, 2014 at 10:23am — No Comments

The Progressive Populist: Selective Anger At The Banks

The following is an excellent article from the April 1, 2014 issue of The Progressive Populist on page 13 written by Mark Anderson titled "Selective Anger At The Banks" and I quote:

"Selective Anger at the Banks"

By MARK ANDERSON

Sen. Carl Levin is angry that Credit Suisse “opened Swiss accounts for over 22,000 US customers with assets that, at their peak, totaled roughly $10 billion to $12 billion.” He added that the dastardly Swiss hid most of the money from US…

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Added by LaVern Isely on March 24, 2014 at 10:13am — No Comments

The Progressive Populist: American Multinationals and Tax Havens

The following is an excellent article that was first published on Style Magazine on February 27, 2014 by Jesse Jackson and was later published by The Progressive Populist in their April 1, 2014 issue on page 14 which is titled "American Multinationals and Tax Havens" and I quote:

"18 American multinationals -- companies like Nike, Microsoft, Apple -- have used tax havens abroad to avoid what Citizens…

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Added by LaVern Isely on March 22, 2014 at 10:24am — No Comments

Charge of the Right Brigade: Ukraine and the Dynamics of Capitalist Insurrection, Part 2

Go to source

 

BBC did a decent report on the “…

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Added by Jim Kavanagh on March 20, 2014 at 12:30pm — No Comments

Charge of the Right Brigade: Ukraine and the Dynamics of Capitalist Insurrection, Part 1 of 2

Go to source

A treatise on the upheaval in Ukraine, in eight takes.…

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Added by Jim Kavanagh on March 20, 2014 at 12:22pm — No Comments

A Travesty In Two Ac ts

The following is an excellent excerpt from the book “DEBTORS' PRISON: The Politics of Austerity Versus Possibility” by Robert Kuttner from Chapter 5 titled “European Disunion” on page 131 and I quote: “A Travesty in Two Acts – The first phase began in 2007 with the sudden loss in value of securities backed by subprime mortgages.  A full year before the crisis turned acute with the collapse of Lehman…

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Added by LaVern Isely on March 20, 2014 at 10:14am — No Comments

The Monroe Times: Digital Money Is Worthless

The following is a letter i had published in my local newspaper, "The Monroe Times," in their "Letters to the Editor Column" on March 12, 2014 titled "Digital Money Is Worthless" and I quote:

3/11/2014 9:58:00 PM

"Letter to the editor: Digital money…
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Added by LaVern Isely on March 19, 2014 at 1:50pm — No Comments

Enter the Private Government

The following is an excellent excerpt from the book “DEBTORS' PRISON: The Politics of Austerity Versus Possibility” by Robert Kuttner from Chapter 6 title “A Greek Tragedy” from page 152 and I quote: “Enter the Private Government – After [Angela] Merkel's October 2009 initiative to press bondholders to share losses, there ensued a revealing set of negotiations with representatives of the banks that wrote credit default swaps.…

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Added by LaVern Isely on March 17, 2014 at 11:36am — No Comments

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