Why the US Bank Crisis is Not Over (tags)
There must always be a financial crash at some point. That is because interest-bearing debt grows exponentially, but the economy follows an S-curve and then turns down. And when the economy turns down... the magnitude of financial claims on the economy exceeds the ability to pay.
Why Karl Polanyi Still Matters (tags)
In The Great Transformation (1944), Karl Polanyi explains why the economy must be embedded in society and society must not be embedded in the economy. He describes land, labor and money as "fictitious commodities" since they cannot be multiplied and created on the market.
The Shortwave Report 11/18/16 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. NHK World Radio Japan, Radio Havana Cuba, Spanish National Radio, and Sputnik Radio.
War crimes alert: U.S. Foreign Minister: “Military pressure may be needed to remove Assad” (tags)
"Ultimately, a combination of diplomacy and pressure will be needed to bring about a political transition [in Syria]. Military pressure particularly may be necessary, given President Assad’s unwillingness to negotiate seriously." [U.S. Foreign Minister John Kerry, joint press conference with Saudi Foreign Minister Saud al-Faisal, Riyadh, 5 March 2015]
America's War on Palestine (tags)
Palestine
Eastern Ukrainians Vote (tags)
Ukraine
The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble (tags)
The fiscal cliff is a bipartisan excuse to introduce austerity measures in the form of "needed" cuts to social safety net programs such as Social Security, Medicare and Medicaid. The stage is set for "Jason vs. Freddy" or Obama vs. Boehner as we the people wait to see which politician serial killer will be cutting the U.S. people with their sharp knives of austerity.
Seeking a Safe Place to Live in 2010 United Nations Refugee Day (tags)
TAMPA BAY, FLORIDA - Every year 19 million youth flee their own country, seeking somewhere else that’s safe to live. Over 70% of them never make it. But that doesn’t stop them from trying. This is the message Youth for Human Rights International portrays in their PSA to help others understand Human Right # 14, “The Right to Seek a Safe Place to Live”, for creating awareness on United Nations Refugee Day, and every other day.
Israel: Strategic Ally or Liability? (tags)
srael: Strategic Ally or Liability?
Was the Obama Administration involved in the Planning of the Israeli Attack (tags)
"The Israeli Navy Commando had prior knowledge of who was on the Turkish ship including where passengers were residing in terms of cabin layout. According to Swedish author Henning Mankell, who was on board the Marmara , "the Israeli forces attacked sleeping civilians."
The Shortwave Report 12/11 Listen Globally! (tags)
A weekly 30 minute review of news and opinion, recorded from a shortwave radio. With times and freqs for listening at home. 2 files- broadcast and slow-modem streaming. Free to rebroadcast. China, Netherlands, Cuba, and Russia.
Though a lot of so-called “progressives” voted no on the ballot measures on California’s May 19 special election ballot, the overwhelming defeat of these legislative compromises aimed at a short-term solution to California's budget problems has been a boon for the radical Right. For 43 years, ever since they elected Ronald Reagan as governor in 1966 and passed Proposition 13 in 1978, a cadre of radical-Right Republicans have been seeking to destroy the financial basis of California's government and thereby force the elimination of virtually all social welfare programs as well as scorched-earth cuts in education and health care. Now they’ve got their wish: after the budget dust settles, California will now no longer be in the business of helping working-class and lower-income people, and will instead be a low-tax,corporate-privilege Libertarian haven.
Senate voted 80-17 to confirm Hilda Solis as President Obama's Secretary of Labor (tags)
Hilda Solis Confirmed YES! The Department of Management Will Now Be Known as the Department of The Workers Rights!