Puerto Rico Plans to Default on New Year's Day (tags)
Puerto Rico plans to default on part of its $1 billion debt payment due January 1.
ECB May Deny Greek Banks More Emergency Funding (tags)
Greece
Argentina Payment Plan Would Protect Poor Hedge Fund Holdout - NML Capital - has Until Apr (tags)
SOPA Censorship Bill Creates Corporatist Media Monopoly (tags)
The SOPA and PIPA Bills are attempts by the corporatists to control the dialogue under the guise of stopping "piracy". On the one hand the proponents of SOPA claim the need for jobs and then pass a law that will silence free exchange of ideas that can lead to independent innovations. However, passing SOPA will place a gag order on free speech activists and only allow government approved corporatist propaganda to get time over the internet. VOTE NO ON SOPA!!
The Financial System as a Parasite of the Economic System (tags)
In the global tax competition over tax revenues collapsing worldwide, states are run by a global financial and banking system and made into debtors. The factors taxes and labor are effectively marginalized as mere costs to be shifted. Taxes and labor (straw) are transformed into gold.
Alternative Currency: Let The Era Of Global Prosperity Commence (tags)
Designed on the principle of 'Free Currencies – Free Markets – Free People – Free Planet', on 13 November 2011, the long-awaited Crom Alternative Currency System has finally been opened – in many ways a unique combination of a social network and payment system.
Antitrust Settlement: Visa, MasterCard Payoff for Anti-WikiLeaks Moves? (tags)
"While the and terms of the “settlement” certainly suggest Visa and MasterCard are on the receiving end of some very nice benefits for helping the Obama Administration with its efforts to censor WikiLeaks, this is hardly the first time the administration has made shilling for the companies a matter of public policy. Indeed a February cable from the US Embassy in Moscowshowed that the State Department conspired to lobby the Russian Duma (parliament) on behalf of credit card companies, fighting a draft law that would create a new national credit card payment system organized through Russia’s central bank, on the grounds that it would make Visa’s Russia operations unprofitable. A redacted commenter in the cable says the Russian government “assumes” that both Visa and MasterCard routinely spy on their customers on behalf of the US government, and that the attempt to make all payment processing in Russia a domestic venture was an attempt at countering this."
Leads to AIPAC and their headquarters in Tel Aviv at MOSSAD.
Obamacare Targets Entitlements (tags)
the plan is to make America Guatemala
Scahill: President Obama, Why Did You Pay Blackwater $70 Million in February? (tags)
For those already outraged at the AIG bonus scandal, here is a fact that should add more fuel to the fire: The Obama administration has paid the mercenary firm formerly known as Blackwater nearly $70 million to operate in Iraq and, according to The Washington Times, may keep the company on the payroll months past the official expiration of its Iraq contract in May. I reviewed Blackwater's recent transactions with the Obama State Department and discovered a $45 million payment to Blackwater on February 4, 2009 for "protective services-Iraq." It is described as a "funding action only." Here is the interesting part: The estimated "Ultimate Completion Date" is 5/07/2011.
a stunning exposé
The Petrodollar: America’s Achilles Heel (tags)
Virtual Chicano is webmaster and political commentator for Chicano Forums
Let me begin by complimenting you on the site upgrades. I suspect johnk involvement. Nice. I, however, feel bad. :>(
Gov. Wants to Steal Your Lunch (tags)
By law, you're entitled to 30 minutes of paid lunch for every 8 hours of work, and two 15 minute breaks per 4 hours of work. The Gov. wants to make it harder for those already defrauded out of this from complaining.
UGSOA Members Vote to Stop the Payment of Dues to UGSOA (tags)
UGSOA are Fighting Back Against UGSOA
Nestle demands $6m from Ethiopia (tags)
The multinational coffee corporation, Nestle, is demanding a $6m (£3.7m) payment from the government of the world's poorest state, Ethiopia, as the country struggles to combat its worst famine for nearly 20 years.