Los Angeles Indymedia : Activist News

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End Corporate Domination - HJM 6-3 passed Oregon House Rules Committee unanimously www.movetoamendpdx.org 2013-06-19 12:00 PM
Grandmothers, pensioners, workers and the unemployed shouldn't be paying for the greed of Wall Street speculators. (cf.Sahra Wagenknecht) El Salvador shouldn't be paying $300 million to the Pacific Rim mining Global Rim for "lost profits." (www.rabble.ca) (text/plain)

"This is a Cold Putsch Against the Constitution" Sahra Wagenknecht 2013-06-18 4:44 AM
Sahra Wagenknecht, co-vice president of DIE LINKE (The Left Party) in Germany, is the author of many books and articles on economic justice, the financial transactions tax and creative socialism. (text/plain)

Corporate America Loves Jason Furman Stephen Lendman 2013-06-17 12:18 PM
class war (text/plain)

For Immediate End of Austerity Policy in Europe Alternative Economic Policy and Jens Berger 2013-06-12 4:28 AM
The growth model forced in the past with redistribution from bottom to top and increasing export surpluses has failed. For years, the demands of the Alternative Economic Policy study group emphasized combating unemployment and poverty and, taming the financial markets. (text/plain)

"Politics prepared the ground for financial war" Wolfgang Hetzer 2013-06-11 5:50 AM
The current economic crisis is a product of political mistakes, economic incompetence and criminal energy. Capitalism altogether has been a declaration of war. Politics bungled deregulation. The wisdom of the market never existed. (text/plain)

America's Student Loan Racket: Stiffer Debt Boondage Coming Stephen Lendman 2013-06-09 11:50 PM
class war (text/plain)

VIDEO: Austerity - The History of a Dangerous Idea Mark Blyth 2013-06-07 5:58 AM
Mark Blyth is Professor of International Political Economy in the Department of Political Science at Brown University and a Faculty Fellow at Brown's Watson Institute for International Studies (text/plain)

History, subordination weigh heavily on unfinished Arab Spring Systemic Disorder 2013-06-06 2:04 PM
Western imperial powers have a long history of interference in Egyptian affairs. The failures of the Arab Spring can’t be disentangled from this history. (text/plain)

VIDEO: Offshore Profit Sharing Senate Subcommittee 2013-06-03 6:55 AM
Apple shifted 64% of profits ($78 billion over four years) to entities (AOI and AOS) in Ireland with no employees and no activities. Corporations avoiding paying taxes is a destructive business model. Should we close unjustified loopholes? (text/plain + 1 comment)

Obama's Anti-Populist Agenda Stephen Lendman 2013-05-30 12:01 AM
class war (text/plain)

Hints of official Trans-Pacific Partnership resistance Systemic Disorder 2013-05-29 1:34 PM
“Free trade” agreements don’t have anything to do with trade; they have everything to do with tightening the grip of corporate dominance over every aspect of life. It is precisely to minimize potential pressures from social movements that the TPP is being negotiated in complete secrecy. (text/plain)

10 Theses about the Crisis: Ingo Schulze Ingo Schulze 2013-05-29 6:43 AM
German novelist Ingo Schulze's 2012 "Our Beautiful New Clothes" explains how we have accepted the form without the substance of democracy. People accepted the emperor's new clothes until a child cried "but he has nothing on." Maybe Hans Christian Anderson can help us. (text/plain)

Are Japanese Bonds Signaling Trouble? Stephen Lendman 2013-05-21 11:38 AM
economy (text/plain)

Creative Destruction Rudolf Hickel 2013-05-20 4:14 AM
The exodus from the casino capitalism producing ever faster and ever deeper crises cannot succeed without a broad and powerful democratic base. Parliamentary democracy is urged to finally take up the struggle around the primacy of politics (text/plain + 1 comment)

Financial War - How Banks and Bandits Endanger our Democracy Wolfgang Hetzer and Wolfgang Lieb 2013-05-13 4:59 AM
Political failure follows market failure. Participation in system criminality is without risk of prosecution. The financial crisis is not only a system failure. It was caused by human actions in the banking sector that are objectively punishable. (text/plain)

804 Dead & Counting in Bangladesh, while Wall St. Laughs it up all the way to the Bank Wall St. & The 804 Dead in Bangladesh 2013-05-08 5:40 PM
As The Death Toll in The Rana Plaza NAFTA Death Trap Building Collapse is now at 804 People Confirmed Dead and Rising Daily in Bangladesh, where Workers were paid 16 Cents an Hour to be Buried Alive in The Wall St. NAFTA Garment Death Trap, The People of Bangladesh continue to Suffer their Losses of loved ones, while Wall St. Bankers and Clothing Retailers like Walmart continue to laugh about their NAFTA Death Trap Profits of Death all The Way to The Bank. (text/plain + 2 comments)

Greece’s depression is IMF’s idea of ‘progress’ Systemic Disorder 2013-05-08 10:29 AM
Austerity programs are designed with ideology in mind, not with economics based on the real world. (text/plain)

US-Style Free Trade in Good Hands with Michael Froman Stephen Lendman 2013-05-04 12:27 AM
corporatism (text/plain + 1 comment)

May Day against state and bosses Anarchist Collective "Cycle of Fire" 2013-05-02 10:40 AM
Solidarity with all those who fight against state and capitalist brutality, all those who fight for a society of equality - solidarity - freedom (text/plain)

Simpson-Bowles 2.0 Stephen Lendman 2013-04-30 12:04 AM
class war (text/plain)

Corporations versus States: Arbitration Boards against Democracy Pia Eberhardt 2013-04-29 4:12 AM
In 2012 Ecuador paid the largest compensation sum in history $1.76 billion to Occidental for cancelling its oil production contract. Germany is threatened with a compensation of 3.5 billion for turning off two nuclear reactors. (text/plain)

Asset Distribution and the Financial Crisis Engelbert Stockhammer and Carsten Rehbein 2013-04-22 5:39 AM
A perverse system arose out of the interaction of deregulation of the financial system and polarization of asset distribution. A reform of the financial system can only be part of the repair of the system. When wages grow again with productivity, an economic balance will be possible (text/plain)

The Bloom Is Off Gold Stephen Lendman 2013-04-20 12:11 AM
gold (text/plain + 1 comment)

Mirror images and ideological straitjackets on the path from Solidarity to sellout Systemic Disorder 2013-04-18 10:36 AM
A particularly harsh brand of capitalism was instituted via shock therapy in Poland, against the repeatedly expressed will of Poles. Unemployment, severe wage cuts and a growth in poverty were the results, just as with today’s austerity programs. (text/plain)

Budget Cuts and Happy Times Ingo Schmidt and Thomas Fricke 2013-04-16 5:14 AM
For around three decades, a Troika from Wall Street, the US Treasury Department and the Federal Reserve pushed global (capital) investments with a mixture of tax cuts, cheap credits and overrated securities. (text/plain)

Venezuela: Post-Election Sour Grapes Stephen Lendman 2013-04-16 12:25 AM
gold (text/plain)

VIDEO: Role of Corporations in the United States marc 2013-04-15 6:03 AM
Corporations can be sees as associations of citizens, creations of the state that can be dissolved or persons. The US economy has changed from a Fordist to a financialized economy. Real and nominal taxes are very different. Corporations pay 12-14% (Sen Levin). (text/plain)

Greater Grand Theft Cyprus Stephen Lendman 2013-04-13 12:09 AM
class war (text/plain)

Obama's Neoliberal Budget Stephen Lendman 2013-04-12 12:27 AM
class war (text/plain)

Social security cuts: Work until you drop Systemic Disorder 2013-04-10 9:42 AM
We have something here bigger than Barack Obama and whatever character flaws he might be perceived as possessing. Austerity is a bipartisan project. (text/plain)

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