The Blood of the Black Sheep (tags)
Crisis and Catharsis. Capitalism begins its great self-purging to remain what it is. The Wall Street boys and girls have not forgotten how to make money amid crisis. The speculation bubbles burst. The fictional wealth dissolves in thin air thanks to falling home prices and stock prices.
Game of Deceived Deceivers (tags)
The worldwide game with fictional assets has a few winners and many losers. Who has deceived whom in the game of deceived deceivers is hardly clear. The world econmy is too important to be left to gamblers. We need far more than a few new surveillance cameras and watchmen in the casino
The US military occupation of Iraq cannot be won militarily and cannot be paid for. The military occupation was sold as a cheap war that would only help the US and the world: more security and a lower price of oil. Empire and double standards bring only nihilism and distrust.
Billions Dissolve in Thin Air (tags)
While the political class practices faith healing, all the participants know the end is coming when more speculative bubbles burst. The popular dogma that financial markets and the world economy are more efficient when deregulated and liberalized is over.
The World Bank's Customers Are Disappearing (tags)
Many developing countries that gained needed credits only on World Bank conditions are poorer today than before. The Good News is that the cartel of creditors is dissolving. Former debtors threaten to become independent.
Capitalism and Corruption (tags)
Until recently, the bribes paid by German firms abroad were deducted from the corpor-ation tax as operating expenses..The neoliberal dogma doesnt need any religion since it makes capitalism into a religion.. The cult of abstract riches cannot replace morality Mergers and takeovers are central.