Banks and the New "Too Big to Jail" Doctrine (tags)
Eric Toussaint,is a historian and political scientist. He is the President of CADTM Belgium, and sits on the Scientific Council of ATTAC France. He is the co-author, with Damien Millet of Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers, and the author of many essays including entitled "The Trial ofanExemplary Man"
Filipino workers challenge to Aquino (tags)
Three years ago, President Aquino promised to substantially reduce poverty, create quality and secure jobs, and end the reign of impunity, among others. He promised “inclusive growth”. Workers have had enough of these broken promises.
Looming Economic Realities (tags)
class war
Global Economic Crisis Deepens (tags)
economy
economy
Troubled Eurozone Finance Capital (tags)
economy
economy
Imploding Bubble Economies (tags)
economy
Greek Tragedy Goes Global (tags)
financial terrorism
Selling Out America to Wall Street (tags)
pillaging American wealth
FDR's New Deal v. Obamanomics in Their First 100 Days (tags)
stark mirror opposites
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.
Toxic Plans for Toxic Assets (tags)
Obama stimulus from hell.
Obama's Economic Dream Team? (tags)
indeed for Wall Street bankers
More from the Front Lines of the Financial Crisis (tags)
The worst is yet to come.
Terrorist attack May be cause of Wall Street downturn (tags)
The silence from the investigating camps could mean several things: Either terrorists are responsible for the puts on the listed stocks or others besides terrorists had foreknowledge of the trouble that was about to strike Wall Street or may have even contributed and used that knowledge to reap a nice financial harvest from the instability of the market place.
globalisation means war (tags)
The global Swiss banking syndicate that is backing the war effort