Blow up the banking system: A free account for all is possible (tags)
Harsh austerity policies for the vast majority of people and state socialism for bankers, both practiced at the same time in Europe and the U.S. after 2008 - this had two consequences for financialized capitalism of the past 14 years. First, this course poisoned the West's money.
The Curse of Financial Entrepreneurship (tags)
We are not prisoners of bad decisions made in the past. We can and should rein in Wall Street, break up its five giant “too-big-to-fail” banks, support local and state banks, resurrect the Glass-Steagall Act’s divide between investment & commercial banking, tax all financial transactions
Power, Profit and Prestige (tags)
The United States was also constantly at war, after independence, with Native Americans. The U.S. armed forces engaged in a thousand military operations, large and small, against Native Americans between 1868 and 1890!
Book Review: The unwinding by George Parker (tags)
"When the norms that made the old institutions useful began to unwind, and the leaders abandoned their posts, the Roosevelt Republic that had reigned for almost half a century came undone. The void was filled by the default force in American life, organized money."
Corporate America Loves Jason Furman (tags)
class war
MARKETWATCH REPOSTS BANKSTER LAWSUIT STORY AFTER NEWS EXEC'S CHILDREN MURDERED (tags)
Marketwatch bravely reposts $43 trillion racketeering lawsuit story after CNBC takes it down
"Look," I said, "I donated to Obama's campaign because I thought he was almost as liberal as Richard Nixon, now I'm not so sure." The campaign worker started to cackle. "Mr. Batty, wait a minute, I want you to say that again. I'm going to put you on speaker."
How Goldman Sachs Rules the World (tags)
Hank Paulsen had famous examples: Robert Rubin, Treasury secretary under Bill Clinton, also changed from Goldman Sachs into politics. Europe and the US are firmly in the grip of Goldman Sachs.
Deficit Hysteria: Wrongheaded in Times of Depression (tags)
proposed policies are wrecking economies
Labor Leadership covering for the Democrats again They're all linked to Goldman stupid (tags)
Do they honestly expect us to believe that their campaign isn't linked to the Democratic Party candidate?
Goldman Sachs: Master of the Universe (tags)
Don't bet against Goldman
THE NEW LATIN AMERICA FOR NOAM CHOMSKY (tags)
Interview of Noam Chomsky
Dems and Reps Unite for Cuts (tags)
While billionaires get bailed out and the wars in Afghanistan and Iraq continue THE BUDGET CRISIS IS A LIE! THERE IS MONEY THE RICH ARE STEALING IT.
Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Plann (tags)
Their goal is a world with rulers and serfs, no middle class
Global Crisis: How Much Time do We Have? (tags)
"Rather, what began Monday, September 15, 2008 was the beginning of a terminal and irreversible collapse of the global financial system, which is part of a controlled Model through which other objetives will be achieved."
Putting Finance Capitalism "Back in Its Box" (tags)
Their scheme is permanent debt bondage
Barack Obama: Crime Boss (tags)
Obama's criminal partnership with Wall Street
The New World Order's ObamaNation (tags)
Matt Taibbi has written an important article in this month's Rolling Stone magazine. In it he explains to the reader, in layman's terms, just what happened, how it happened, and who benefited from the massive taxpayer bailouts of Wall Street's biggest firms. But, most importantly, he hits the nail on the head by saying that the Republic is officially dead (and we do hear the dirge) -- there is no more pretense that we live in a democracy under the rule of law, because now the lawless ones have "officially" taken over the apparatus of the state and given us the finger in the process. Yes, as Taibbi's says: "We are royally fucked." Congress is now a collection of rubber stampers, and the people -- Wall Street slaves.
Economist Dean Baker on Book TV: "Plunder and Blunder" (tags)
Dean Baker is co-director of the Center for Economic and Policy Research in Washington.
South Carolina Governor Mark Sanford Lauds D.C. Money Launderer James Dale Davidson ! (tags)
'But his( South Carolina Governor Mark Sanford's)career took a dramatic turn after he heard James Dale Davidson, founder of the National Taxpayers Union, give what Sanford recalls as an "apocalyptic" speech about excessive government spending. Sanford decided to run for Congress, pledging to end the deficit, eschew pay hikes and serve only three terms.' - Dec 01, 2008 McClatchy-Tribune Information Services
Estados Unidos: de la derrota en Irak a la crisis capitalista mundial (tags)
La derrota del candidato de Bush en las elecciones norteamericanas y el triunfo de Obama, el primer presidente negro, marcan algo mucho más profundo que un mero recambio electoral. La caída de Bush es la caída del proyecto político, económico y militar imperialista de “nuevo orden mundial”, derrotado por una rebelión mundial de trabajadores y pueblos oprimidos. El crack económico es una de sus directas consecuencias.
Obama's Economic Dream Team? (tags)
indeed for Wall Street bankers
12/1 Lee Siu Hin: What We Should Expect from President Barak Obama? (tags)
If history can teach us something, the election of Obama and Clinton has many similarities: after the initial excitement we might experience the same disappointment and disillusion like Clinton-era--and even the possibility of Republicans can capitalize the public disappointment to regain the control of Congress at the future elections.....
The economy elected Barack Obama President, and it will make or break his administration. Right now it seems likely to break it, as Obama's announced appointees to staff his government come almost exclusively from the moderate administration of Bill Clinton, thereby assuring the ruling class that "change you can believe in" means "change the rich and powerful won't have to worry about." Without a mass Left movement on the order of the socialists and communists who in the 1930's pushed Franklin Roosevelt to the Left, Obama's Presidency is likely to be yet another suck-up to corporate America and its anti-labor, anti-environment, anti-worker "free trade" agenda.
A reality check.
It’s The Money, Stupid!: Over $1 Billion Raised for Prez Race! (tags)
The candidates for the White House have raised over $1 billion in their quest to win the election on Nov. 4, 2008. The Dems’ Sen. Barack Obama has racked in $639 million, while the GOP’s nominee, John McCain, has taken in $360 million. The four other Third Party candidates for the presidency have brought in about $5.5 million. The only thing we know for sure is this: When big money contributions dominate the electoral process, the people lose!
Paulson go out. Truth about "unbelievable" big 2008 crash (tags)
Barack Obama: "No necesitamos sólo un plan para Wall Street. Hay que incorporar medidas de salvación para miles de ciudadanos" que están perdiendo sus casas y sus ahorros, declaró Obama. "Tampoco podemos cometer el error de que el dinero de los contribuyentes sea usado para corregir malas decisiones" ////////////////////// “Durante un par de años, el capital desafió a la ley del valor, inflando su valor más allá de su capacidad de reproducción real, pero la ley del valor se ha cobrado la afrenta a un precio enorme. Ha quedado de manifiesto que la ganancia capitalista es un objetivo muy estrecho para desenvolver productivamente la riqueza social acumulada. La crisis mundial plantea la reorganización social general sobre nuevas bases” ////////////////////////////////// euroimmersion.com: La crisis no es culpa de las “subprime” o hipotecas ninha. La crisis tampoco es culpa de la codicia de unos banqueros. La crisis no se supera con una “regulación” sino con un cambio radical y con nuevos paradigmas que abandonen las trampas y falsedades neoliberales de la Escuela de Chicago por otras más acordes con la sociedad del conocimiento en que tenemos que avanzar. La actual crisis obliga a revisar el modelo entero y a decir la verdad: la globalización no ha producido nada de crecimiento ni bienestar para nadie ha sido un modelo fracasado y de muy corto alcance histórico pero a la vez ha permitido el robo y la concentración de poder y dinero como nunca antes en la historia de la humanidad en una casta dirigente parásita que no ha aportado nada a la sociedad. Crash 2008: la mayor estafa bancaria, bursátil y económica de la historia. Los datos más importantes. Paulson go out. All the truth about this "unbelievable" big 2008 crash
Nationalization of Freddie Mac (tags)
The Nationalization of the mortage industry by the government shows how easily the goverment can nationalize healthcare and other services. The steady now increased offensive by the bosses over the past 30 years is because of a failure of union leadership by throwing all their resources into funding the Democrats and supporting the "team" concept.
Is Barack Obama an Alternative for U.S. Workers? (tags)
After years of Bush’s open-ended war on working people at home and abroad, many on the “left” are desperate for an alternative. For many, that alternative is Barack Obama, a Democratic Senator from Illinois. Obama, who is very careful with his words and actions, has done a good job so far of portraying himself as a “sensible progressive”. However, far from being a “progressive” alternative, Obama is at his core a typical representative of the bosses’ political parties. Despite presenting himself as a candidate of “change”, Obama is a defender of capitalism and imperialism, and hence of exploitation and oppression. On all fundamentals, he is far closer to Bush than he is to being a genuine alternative for working people.
Hillary Clinton outlines Democrats’ big business agenda (tags)
New York’s Democratic Senator Hillary Clinton delivered a speech last week to the Economic Club of Chicago that served as an introduction to the right-wing economic platform upon which she and her party intend to run in the 2006 US midterm elections, as well as her own agenda in an expected bid for the Democratic presidential nomination in 2008.
Our $8 Trillion Headache (tags)
Since taking office, George W. Bush taking has taken the national debt (in decline thanks to four years of surpluses) on an upwards trajectory -- and now he needs a $690 billion. Grand total? $8 TRILLION!
Who Hates the Jews Now? (tags)
Story about the Surge in Global Anti-Semitism, Especially Among those who posture as being on the "Left"
The October 7th recall election of Gray Davis might be recalled by a Federal judge (tags)
The California Attorney General's office and Monterey County officials conceded that they need federal approval, and that without it, the entire recall election, including the two voter initiatives on the ballot, would have to be postponed, perhaps to the March primary.
Citigroup Protests: Philly 8/2; LA 8/17/00 (tags)
Citigroup, the largest U.S. bank, is being called to account by an emerging coalition of community, environmental, and human rights groups. Round One was in Philadelphia on August 2; Round Two is in Los Angeles, August 17, 9 a.m., Pershing Square. After that, for more information, visit, , or . As Citigroup's Salomon Smith Barney says (on PBS), "See How We Earn It." How? From redlining to redwoods, prisons to predatory lending...