Showing posts with label looting. Show all posts
Showing posts with label looting. Show all posts
July 21, 2012

Elites Hiding at Least $20 TRILLION. Seriously.

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Per the Guardian , James Henry, former chief economist at consultancy McKinsey and an expert on tax havens, has compiled the most detailed e...
July 13, 2012

The LIBOR Scandal Explained

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Or, yet another way in which the rich have been looting you – legible version at Dangerous Minds . From a comment at Naked Capitalism : ...
July 9, 2012

Helpful Image (Restore Glass-Steagall)

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(Click on the image for a more legible version.) UPDATE: From the MetroWest Daily News , quoting but without linking to The Nation : Why do ...
June 23, 2012

The Results of Austerity

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How states that have expanded spending have done as compared to states that have cut back. More at The Atlantic .

The Results of "Trickle Down"

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" 1) Corporate profit margins just hit an all-time high. Companies are making more per dollar of sales than they ever have before. . ....
June 12, 2012

Why the Rich Oppose Unions

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June 8, 2012

Shell Rig Malfunctions at Posh Party (the Yes Lab Strikes Again)

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This was a send-off for Shell's arctic rigs at the Seattle Space Needle. The actual rigs were visible outside the window. Incredibly, th...
June 4, 2012

Corporate Media's Campaign Coverage ATM

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From an interview of Bob Mcchesney, Prof. of Communications at U. of Illinois, at the Real News Network , by Paul Jay: JAY: So your piece to...
May 13, 2012

How JPMorgan Chase Has Proved We Need to Break Up Big Banks & Bring Back Glass-Steagall

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From Robert Reich at Nation of Change : The bets were “poorly executed” and “poorly monitored,” said [Jamie] Dimon [current CEO of JPMorgan ...
May 12, 2012

The Yes Lab Strikes Again, in Dallas

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Re- the Trans-Pacific Partnership "trade" agreement: From the Yes Lab's press release: DALLAS PARTY ENDS BADLY FOR U.S. TRADE ...
May 9, 2012

Occupy the Regulatory / Investigatory System

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From the Washington Post : Occupy Wall Street has moved. Its new address: 60 Wall Street. There, inside a soaring public atrium, dreadlocked...
March 13, 2012

NYC Art Fairs 2012, and "It's the Political Economy, Stupid"

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Pulse may have decided, wisely, that the field's gotten too crowded; they've moved to May. Within four days (Mar. 3 - 11), viewers ...
February 26, 2012

Wikileaks to Reveal: Private Spy Network Paid Gov't Officials et Al. for Profitable Secrets, Etc.

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Per a twitter source , Wikileaks will begin publication tomorrow of some 5 million emails from the files of an entity called Stratfor : Gove...
February 24, 2012

Punk Economics

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Here's a good explanation of the European debt crisis that's also applicable in the US: A few points that might warrant further expl...
February 20, 2012

Update Re- "Derivatives for Dummies" (What Every Legislator Should Know About How to Fix Our Economy, but Doesn't)

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Remember my posts in May, 2009 ( here and here ) on "Derivatives for Dummies"? Well, they're still relevant, because we still...
January 3, 2012

The Larger Economic/Political Cycle

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" Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – whi...
December 24, 2011

The Eurozone Crisis

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. . . is not about market "discipline," according to Dean Baker : The people who gave us the eurozone crisis are working around t...
November 29, 2011

Why the Economy Does Not Have to Be a Zero Sum Game

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Who's saying it does? I've heard the claim attributed to Occupiers, but I personally haven't seen or heard any Occupiers make i...
November 16, 2011

Prosecutions for Bank Fraud Fall

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October 22, 2011

Study: 147 Transnational Corps. Control 40% of the World's Wealth

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. . . held by 37 million companies and investors worldwide. "When the team further untangled the web of ownership, it found much of ...