Book Review: "The Greatest Predatory Attack of History" (tags)
The 1933 Glass-Steagal law created a firewall between commercial and investment banks and prevented speculators from gambling with the money of savers. Restoring Glass-Steagal would restore trust and public spirit. Profit-making is not profit-maximizing; speculating is not investing.
CALL FOR GLOBAL ACTIONS AGAINST IMF/WORLD BANK, SEPTEMBER 14-20 (tags)
Mobilization for Global Justice (MGJ) has endorsed the following call, written and distributed by Jubilee South, a coalition of social movements throughout the Global South who are resisting illegitimate debts and IMF/World Bank policies. The statement calls on people worldwide to take action in their own communities against the IMF/World Bank the week of September 14-20, while the institutions meet in Singapore.
Australians protest against US exploitation of Latin America (tags)
US policies towards Latin America have caused an increase in hunger, unemployment, illness and infant mortality, Australian solidarity organisations say.