Global Economic Losses Since Dawn of Pandemic Hit $3.3 Trillion (tags)
Since 2020, the global economy lost $3.3 trillion. The loss affected the most vulnerable countries hardest noted International Monetary Fund chief Kristalina Georgieva.
Happy Anti-War Day! - September 1 - Say No! (tags)
War always has two losers. Neither side can win the Ukraine war. Russia will not lose a war of attrition. Ukraine lacks recruits, artillery and time!
Lockdown light - Corona crisis and capitalism (tags)
The pandemic and countermeasures have effects shaped by the neoliberal form of capitalism[ that has dominated since the 1980s. 1.the independence of the financial sphere ,2.the fragmentation of the labor markets, and 3.the weakening of social systems.
Social consequences of the Corona crisis in Austria (tags)
Two million Austrians suffer income losses from the Corona crisis. Good news comes today from New Zealand (half-price transit), Finland (affordable apartments for the homeless) and Great Britain (four-day work with five-day pay). This good news is reported by Scoop.me.
Keeping Business Alive: The Government Will Pay (tags)
A buyer-of-last-resort program would alleviate the hardship of workers and businesses. It would maintain the cash flow for families and businesses, so that the coronavirus shock has no secondary impacts on demand — Business activity is on hold today, but with an intravenous cash flow, it can be kept alive
A fair and solid crisis financing (tags)
The contrast between the EU and the US in COVID financing could hardly be greater. McDonald's operators, Marathon Oil (over $400 million), Exxon, Chevron and Sea World received relief and will reduce their future tax payments. Tax gifts characterize the US way of corruption and contradict these recommendations.
Destruction of heritage sites in Syria raises questions about cost of democracy (tags)
Syria, similar to Iraq and Afghanistan, has suffered the loss of thousands of lives during civil wars. But it also has suffered culturally from the ravages of revolutionary conflicts by the destruction of ancient heritage sites that have stood for centuries and, like a human life, can never be replaced.
Capitalism Doesn't Need Democracy (tags)
The minority of a minority have seriously damaged the public interest for personal enrichment. The community itself is culpable for not resisting its plundering.and choosing representatives that defend its interests.
February 6, 2012 Gingrich, Romney push high-tech job creation as US lead slips (tags)
U.S. job losses in recent years — especially high-paying technology jobs — are a startling reality that even the Obama administration is having to acknowledge, however reluctantly. Read more: http://dailycaller.com/2012/01/27/gingrich-romney-push-high-tech-job-creation-as-us-lead-slips/#ixzz1ld7e5nb3
Filipinos: LEST WE FORGET! (tags)
We seem to have forgotten that once upon a time, not too long ago, there was this family, the Marcoses, comprised of Ferdinand (now deceased), Imelda (still gallivanting and traipsing the light fantastic in Manila and occasionally, kung maka lusot, overseas), and 3 children, including Ferdinand "Bongbong" Jr who's now running, under Presidential candidate Manny Villar, in the SAME Senatorial slate as political activists (??) Liza Maza and Satur Ocampo.
There is only one economy (tags)
The stock exchange produces nothing. Speculations and bets do not create any assets, even if the daily stock market reports on television try to get us to believe the opposite. That the financial markets make themselves independent is the result of political decisions.
Lessons from the Crisis (tags)
Governments are extorted by multinational corporations. Those who made massive profits with bank business must now answer for the losses. The taxpayer may not pay for their crises. If control is not exercised by politics, banks will become absolute rulers with a state guarantee.
A Disaster Waiting to Happen (tags)
The tremendous outpouring of love, brotherhood and assistance by our compatriots in the United States to all our “kababayans” whose lives have been devastated by Typhoon Ondoy captures the essence of our Bayanihan spirit. True to our Filipino core values, organizations, institutions and individuals of various political persuasions bonded together and in their own unique and creative ways extended immediate assistance to our brothers and sisters and continue their plans for long term relief . Most recently, President Obama expressed his “deep condolences for the loss of life and devastation caused by recent storms in the Philippines”. “As part of this effort, the U.S Agency for International Development, has so far allocated $1.8 million to respond to the disaster.”
Risk Development and Dollar Inflation (tags)
Two articles by emeritus professor Elmar Altvater reveal the contradictions of credit or bubble prosperity in the counter-revolution of capital. As work cannot define us, competitiveness and profit maximization do not define the human experience Speculation could bring a new feudalism..
Obama's Latest No Banker Left Behind Scheme (tags)
the looting of America
Overstrained Capitalism (tags)
Neoliberalism has driven the world into the greatest disaster since Hitler and Stalin. With Ronald Reagan, a president entered the White House who constantly proclaimed the state in the end was something bad.
A New Administration, Tired Old Policies (tags)
Counterproductive policies heading America for depression
Crisis Populism and Rose-Colored Glasses (tags)
When it concerns socializing the losses of the financial disaster, the head of Deutsche Bank no longer believes in the "self-healing power of the market." The bankruptcy of neoliberalism is blatant.
Global Economic Meltdown (tags)
Financial Instability is Leading to an Economic Catastrophe
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
Six Years Ago: The Revolution Will Not Be Televised (tags)
the importance of the peoples' uprising in April 2002 that returned Hugo Chavez to power (http://amleft.blogspot.com/2008_04_01_amleft_archive.html#1824647354471283476)
A Generalized Meltdown of Financial Institutions (tags)
By Mike Whitney 11/24/07 "ICH" -- - Reality has finally caught up to the stock market. The American consumer is underwater, the banks are buried in dept, and the housing market is in terminal distress. The Dow is now below its 200-Day Moving Average -- the first big "sell" signal. Anything below 12,500 could trigger program-trading and crash the market. The increased volatility suggests that we are watching a "real time" meltdown.
Imperial wars and genocide, Petrodollar Recycling System and meltdown of financial world (tags)
Imperial wars, crimes and genocide, Petrodollar Recycling System and meltdown of financial world order. Articles, analysis and video documentary
Cooking the Books: U.S. Banks are Giant Casinos (tags)
This is not good news.
Illinois Congressman Jerry Weller,Refco and the collapse of Guatemala's Bancafe Bank (tags)
Illinois Republican Jerry Weller does indeed have a conflict of interest in Guatemala besides his wife Zury Rios Sosa,daughter of ex-Guatemalan dictator General Efrain Rios Montt.Refco that donated to at least one of Jerry Weller's political campaigns in the past has collapsed and been found to be committing investor fraud and hiding certain transactions that should have been accounted for as losses.This has led to billions of dollars in investor losses worldwide.
1970: Chicano Moratorium — 2005: Latinos for Peace (tags)
La Raza did its part in bringing an end to the war in Vietnam. Some of us activists of the Chicano Moratorium era are coming together with other Latino activists we have come to know around the country and with the newer generations and immigrants. We call ourselves Latinos For Peace.
GAY ELECTION LOSSES STUNNING (tags)
Breakdown of Some Significant Losses to Gay Community in Last Election
Job Losses at Level of Great Depression (tags)
Job Losses at Level of Great Depression Contradict President Bush's Wishful Predictions
Job Losses At Great Depression Level (tags)
The wonders of Bushonomics on display for all. His Father may have been George Herbert Hoover Bush - does this make the current Bush Calvin Coolidge?
After The Airstrikes...Just Silence (tags)
There are no official estimates of how many Afghan civilians have been killed by U.S. bombs. A survey published last year by the human rights group Global Exchange estimated the number at more than 800.
AFL-CIO to Wall Street: No more business as usual (tags)
Call for Bush-Cheney probe George W. Bush and Vice President Richard Cheney faced sharp new questions about their role in Enron-style corporate fraud as the stock market continued to plummet and WorldCom went belly-up July 22, the largest corporate bankruptcy in history.
"We could be back online with no losses tomorrow. It could be a week including huge losses of content, loss of our sustainer and other databases, etc."