fix articles 2946, finance Los Angeles Indymedia : tag : finance

finance

Pope Francis and World Leaders Call for Inclusive Economy (tags)

Pope Francis addressed a small group of Finance Ministers, the head of the IMF and noted economists urging the creation of new global debt and tax policies that can reduce inequality and end poverty.

Mozambique Charges Former President's Son, Officials for Secret Debt Scandal (tags)

Mozambique charged the former president's son and 19 others on corruption, fraud and blackmail in relation to a $2 billion dollar loan scandal.

Karl Polanyi on Unfettered Capitalism (tags)

Karl Polanyi condemned profit greed and deregulated markets. Today's capitalism critics are his heirs and don't know it. An unfettered capitalism is responsible for the world coming out of joint. "Finance capital was put in the driver's seat."

From Enlightenment to Counter-Enlightenment (tags)

Brilliant minds elevated "the market" into a "higher being" of the post-modern age to which we must submit. The primacy of the market replaced the primacy of politics. Dr. Schulmeister is an economic researcher in Vienna whose latest book is "The Road to Prosperity" (2019).

The Financial Market Casino Controls Politics (tags)

Financial markets seem to be the measure of all things. Corporations are subsidized with trillions. In their "competition," small and medium-size businesses are the fools. A complex subsidy jungle exists in nearly all states, a "socialism for the rich" or "new feudalism."

IMF Lowers Global Growth Projections and Raises Concerns of Financial Crisis (tags)

Bali, Indonesia - The International Monetary Fund released the World Economic Outlook Report and lowered global growth projections to 3.7 percent for 2018 and 2019.

Finance Ministers Applaud Greece Debt Deal that Provides Aid and Continues Austerity (tags)

European Finance Ministers endorse a new Greece debt agreement that provides financing in exchange for maintaining austerity policies and economic reforms.

G7 Hurricane Debt Relief Caribbean/Small Islands (tags)

“This is the first time that Finance and Development Ministers are meeting jointly at the G7 and they can promote solutions for when financial crises and humanitarian crises collide" note Eric LeCompte, Jubilee USA Network Executive Director.

Greek Rape and Pillage Bailout Deal: Germany Wants More (tags)

Greece

Greece and Troika Agree on Bailout Deal in Principle (tags)

Greece

Greek Bailout Deal: Greatest Ever Macroeconomic Management Disaster (tags)

Greece

Tsipras Banishing Ministers Opposing His Sellout (tags)

Greece

Troika Tyranny! (tags)

Greece

Sellout in Athens (tags)

Greece

"No" Supporters Win in Greece: Now What? (tags)

Greece

Greece May Become BRICS Member (tags)

Greece

Troika Rejects Greek Bailout Extension (tags)

Greece

Housing Board Member is an Evicter! (tags)

Got this from CES - get rid of Matthew Jacobs, who is supposed to help create affordable housing. He's a developer who has evicted people to demolish rent controlled housing in the Fairfax district.

At G7 Summit Trade and Debt Policies Take Center Stage; Bishops Call on G7 to Enact Global (tags)

G7, Jubilee USA Network, Debt

G7 Finance Ministers Focus on Growth in Face of High Debt (tags)

Washington DC - G7 finance ministers gather in Dresden, Germany, to discuss promoting "sustainable growth" in the face of growing global debt. US Treasury Secretary Jacob Lew is among the ministers gathering. The meeting takes place amid debt crises in the Eurozone and the developing world. The ministers meet after the International Monetary Fund (IMF) reported slow economic growth and increased debt burdens during the IMF/World Bank Spring Meetings. "‎It's impossible to experience sustainable growth, when wealthy and poor countries are struggling with unsustainable debts," stated Eric LeCompte, Executive Director of Jubilee USA Network, who is in Dresden for the meetings. The finance ministers gathered in Dresden include Joe Oliver of Canada, Michel Sapin of France, Wolfgang Schäuble of Germany, Pier Carlo Padoan of Italy, Taro Aso of Japan, George Osborne of the United Kingdom and Jacob Lew of the United States. Jubilee USA joined Jubilee Germany in Dresden for several G7 outreach events organized on the growing debt crisis.

Follow-Up Open Letter to New York Times Editors (tags)

NYT

Protest against Jewish terrorism & genocide in Palestine (tags)

Protest against Jewish terrorism & genocide in Palestine

Book TV: Panel on Finance (tags)

Participants at the Los Angeles Times Panel on Finance: Anat Admati; Helaine Olen; Nomi Prins

Intricacies of economic growth (tags)

ECONOMIC GROWTH

‘End-game’ conspiracy or business as usual? (tags)

The problem isn’t greedy bankers, the problem is the system that enables the greedy bankers.

Ten Theses on the Crisis and its Solution (tags)

Problems don't disappear when they are ignored. Deregulation is a collective and political crisis. Language and democracy are endangered when arsonists are called firefighters, when private losses become public losses and crime in the suits is normalized as a business model.

High Noon in Cyprus (tags)

class war

Israel's Fascist Government (tags)

Israel

Sacramento Developer with Ties to UC Davis MIND Institute Embroiled in New Controversy (tags)

Sacramento real estate developer once accused of defrauding an Indian tribe out of millions of dollars while conspiring with the tribe's attorney (Howard Dickstein), is now embroiled in a separate controversy dealing with the alleged embezzlement of public funds

Defending the Indefensible (tags)

class war

Greece: The Epicenter of Global Pillage (tags)

class war

"Manage" v. "Market capitalism." The record (tags)

Neoliberal myths and fictions like the self-healing market, trickle-down prosperity and corporate beneficence have accompanied exploding inequality and generalized insecurity. Trillions for the banks is against all market rules of competition, risk and liability.

Occupy LA - HOW TO DONATE - Oct. 13 UPDATE - MANY changes! (tags)

Occupy LA now can only take restaurant-made food, not homemade food. Also have created Amazon wish list. Also need 6 Mac desktops donated or loaned. Medical and cleaning supplies list. Donations of money needed also.

Dominant Finance Capital Institutions (tags)

money power

Video: Bernie Sanders, July 1, 2011 (tags)

Sign the letter on the debt and shifting costs to the lower and middle classes!

Meaner Tougher IMF with Lagarde (tags)

financial terrorism

Worldwide Economic Crisis 2.0 or the Collapse of Neoliberal Finance Capitalism (tags)

The present crisis is a consequence of the fact that exploding business profits found inadequate investment opportunities in the productive sector and turned instead to financial speculation. Deregulation created "law-free" spaces" with the abrogation of all political controls.

PRESIDENT OBAMA NEEDS TO GIVE THESE 3 REPUBLICAN FEC MEMBERS THE BOOT..... (tags)

U.S. TAXPAYERS STOLEN TARP BILLION$ HAS PUT THIS DEVIOUS WEALTHY ELITE CABAL RUNNING AMERICA BACK IN THE $ADDLE AGAIN ...

Prohibition of Interest in Islamic Finance (tags)

Since the early 70s, Islamic economics was introduced to world of finance as a new instrument, whose purpose was to follow an economic system based on Islamic Shari'a or the law of Islam. One of the main elements of the system is the prohibition on interest rates.

Prohibition of Interest in Islamic Banking and Finance (tags)

Since the early 70s, Islamic economics was introduced to world of finance as a new instrument, whose purpose was to follow an economic system based on Islamic Shari'a or the law of Islam. One of the main elements of the system is the prohibition on interest rates.

BTL:U.S. Supreme Court on Course to Tear Down Campaign Finance Reform Laws (tags)

BETWEEN THE LINES Syndicated Radio Newsmagazine

Overcoming the Dominance of Finance Capital (tags)

Changing power relations means taking up the social and political struggle against finance capital and regaining control over social resources. Reversing the redistribution of income from top to bottom is a prerequisite for containing the money flows in the financial sector.

The death of macho: The era of male dominance is over (tags)

The most enduring legacy of the Great Recession will not be the death of Wall Street. It will not be the death of finance. And it will not be the death of capitalism. These ideas and institutions will live on. What will not survive is macho.

Finance Capitalism Devalues Labor (tags)

Businesses are capital investments in the hands of shareholders. Consequently managers only serve the interests of shareholders.

Michael Hudson's "Super Imperialism:" The Economic Agenda of Imperial America (tags)

How imperial America is funded

The End of Neoliberalism and the Crisis of Capitalism (tags)

"Guaranteeing the social infrastructure and social security for everyone should be central instead of guarantees for banks and corporations and socialization and democratization of the economy instead of nationalization!"

The New Feasibility and the G20 (tags)

These fictional articles point to a future after the world turned upside down by financial speculation. They were published in a fictional issue of "DIE ZEIT," the famous Hamburg weekly.

Putting Finance Capitalism "Back in Its Box" (tags)

Their scheme is permanent debt bondage

Disarm the Markets! New Attac Basis Text (tags)

The therapy depends on the diagnosis. Mechanisms, instruments and actors can be identified whose action and teamwork led to the crash. The age of a unipolar world was very short. An historical chance is opening against finance capitalism.

The Crisis of Finance Market Capitalism as a Challenge for the Left (tags)

"The problems we face today cannot be solved with the minds that created them" (Albert Einstein).

The Neoliberal Revolution Devours Its Children (tags)

"Where is the child who uncovers the nakedness of the money economy?..The financial geniuses pretend to be the new gods of globalization. The builders of the Tower of Babel were modest compared to the new financial rulers of the world.

Latinos Make Plea To State Committee (tags)

More than 198 Latinos want the State Legislative Finance Committee to include license certificates in state budget

India vs China: cheap labor, business chain, finance, capitalist, outsourcing, hightech (tags)

Why can India and China become top business and finance players in a globalized finance, trade, hightech, investment, and politics? Get latest info and analysis from leading experts on the ground.

Israel trying to wipe itself off the map (tags)

As in humans you get suicidal people. There are also suicidal nations. israel is one of them. We must be carefull they don't bring us with them

India vs China: new world frontrunners against global financial meltdown? (tags)

Are Asian giants China and India taking advatanges over global financial crisis and distressed US and Europe? Is India able to produce giant leap forwards in China style? Which nation is to lead the next stage global finance, trade, outsourcing, hightech and politics in a new century in view of global financial crisis that is going on? Talk to leading experts.

Grand Jury Probes Richardson Donor’s New Mexico Finances (tags)

Body: full story: http://www. bloomberg. com/apps/news?pid=20601087&sid=aL0GGUluJeT8&refer=worldwide

The global crisis is a crisis of capitalism (tags)

It is time for the workers and the poor in the Philippines to prepare for the worse the moment its government keeps on repeating the mantra that the economic fundamentals remain good and thus there is little to worry about effects of the global recessionary trend. The world found itself in the present mess precisely because of such blind faith in neoliberal fundamentalism.

Financial Market Capitalism: Neoliberalis become State Socialists (tags)

Neoliberalism is neither new nor liberal. All freedom is demanded for capital, even though human dependence is intensified and human existences destroyed. The state becomes a functionary for neoliberal concepts. The debts of Fannie/Freddie are added to the nine trillion.

Part 2- World Capitalist Crisis (tags)

We expect more of the use of cheap labour in the less developed countries like China and India in order to produce cheap raw materials and semi-manufactured consumer products for the imperialist countries and thereby maximize imperialist profits. In fact the US capitalist are hell bent on transferring high paying industries to the third world and even already cheap service industries like call centers and car assemblies and other production lines in a vain attempt to cut jobs, paying insurances and other workers benefits that the people are demanding in the face of the capitalist made crisis.

As Rome Burns, Nero Safe In His Tower, High Above the Flames, Sings Playing His Lyre (tags)

As Rome Burns To The Ground, Nero, Safe Is His Palace Tower High Above the Flames, Sings Gaely, Playing His Lyre, While Drunk on the Finest Greek Wine.

William Greider Raps Predatory Usury Schemes (tags)

How did the country get into this unholy financial mess? Think usury! Acclaimed author William Greider points the finger at banks, and people of great wealth, “taking advantage of poor people by lending them money on terms that are sure to fail.” He blames others, too, like “The Fed,” under the reign of Alan Greenspan, the U.S. Congress, and Wall Street. Mr. Greider charges that these parties worked to “castrate” the watchdogs.

How Much Democracy is Left? (tags)

Politics no longer determines the econmy; the mammoth econmy defines politics. The US has long been a plutocracy instead of a democracy and has prescribed this system of capital rule for the whole world. Capital rule is always central rule

Workers Pay for Their own Impoverishment (tags)

A whole series of factors are combining to undermine the financial position of banks. None of this happened by chance. It is only to be expected that brokers should seize every opportunity to line their pockets. They use innovations to kid themselves they can abolish risk.

Attac Germany on the Subprime Crisis (tags)

The crisis can't be solved with a few surveillance cameras in the global casino. The party was quickily over when the real estate prices stopped soaring. Investors are often guided by a herd behavior. Sustainable economy should have a prioirity over short-term profits.

Dislocations and Crises (tags)

Liberalization of the finance markets started a mechanism where the broad mass of the world's population lost. Only a few conglomerates and wealthy persons are winners.

Banking- and Mortgage Fraud (tags)

The whole great world of money is infected by the banal greed for more and more. Wasn't the art of making more money out of money the most noble and top-paid pursuit? Deregulation and liberalization have consequences for democracy and the economy.

global competition: India vs China: finance, outsourcing, hightech, politics, trade, jobs (tags)

Which nation is to lead this century, China, India, or America? Why is 21st century could be dominated by Asians or Chinese? What is behind Chinese and Asian strengths in outsourcing, finance, competition, labor, management, investment, consumption, politics, and strategies? Get great new insights and inside stories.

Neoliberalism in Crisis (tags)

Liberation theology warns the future of the first world is the third world. Everyday time is replaced by kairos time, the time of decision, when lawlessness masks as lawfulness. The language of proclamation runs crossway to the language of time. Cast your net on the other side!

The Bank of the South: An Alternative to IMF and World Bank Dominance (tags)

Latin America's alternative to the IMF and World Bank

Rating Agencies and Prophets (tags)

Some think rating agencies inevitably take the side of their patrons - to the burden of those who buy these "financial products" in good faith in the objective judgment of the auditors. Of course, the agencies refuse liability.

Social Economies and Political Conflicts (tags)

Most of our serious social, ecological and economic problems can only be solved bottom-up with the insight and will of concerned citizens. The challenge consists in a radical democratization of the economy. Otherwise we put the cart before the horse and bridle the horse by the tail.

Submissiveness Toward the Finance Markets (tags)

Finance market transactions must be made more expensive. Finance market critics warn of a casino capitalism. Are businesses only objects of speculation for global invewstment capital?

"The Dollar Will Fall Enormously" (tags)

The American balance of payments deficit must be reduced. Today's business model is dead. Moody's rating agency will be the Arthur Andersen of this decade.

Questions to the Maestro Alan Greenspan (tags)

Listen to Thom Hartmann interview Alan Greenspan on Air America Monday Sept 24. Greenspan was responsible tor the credit problems that now shake the world finance markets. Did the maestro drastically lower interest rates to help the Bush administration?

Lebanon: loans with World Bank, EU (tags)

The Lebanese government signed several loan agreements with the World Bank and the European Union on Friday to help the reform and reconstruction efforts. Prime Minister Fouad Siniora, who attended both signing ceremonies at the Grand Serail, underlined the importance of implementing reforms on time.

Top 8 Reason for Iraq Invasion (tags)

It’s spring of 2007, four years deep into Iraq occupation .Here’s a mature top 8 reasons that combined to trigger and perpetuate this invasion/occupation what used to be the sovereign nation of Iraq.

Taxes and Finance Capital: Back to the Feudal State (tags)

Taxes are the corrective to the furious free market. They safeguard the public interest, redistribution, public functions and services..For the oligarchs, tax is a confiscation and tax officials are highway robbers.. Tax reductions for the rich are the direrct cause of the debility of community.

corruption in Israel (tags)

and we are fighting for these crooks

The Financial Crisis of the IMF (tags)

The IMF is an extremely undemocratic system. Instead of one country-one vote, the good capitalist principle one dollar-one vote was in effect from the beginning. Whoever paid most had the most votes and the greatest influence.

CALIFORNIA PROPOSITIONS: VOTERS BEWARE (tags)

Today voters need to beware when going to the polls to vote because much is at stake. Voters need to study the propositions and read their Official Voter Information Guide; and for those who will not, they need to vote no to spending their hard earn dollars and the future savings of our children. Voters should not be persuaded by expensive TV commercials because those commercials are more expensive than what we can realize.

Creditor instead of Citizen (tags)

Do the capital markets undermine democracy?

In the Stagnation Trap: Capitalist Development (tags)

Demands for a different distribution and re-distribution, for economic democracy and social regulation opposing market radicalism must be in the foreground. Crisis and opportunity are represented by the same Chinese letter.

Re-Regulation of the Economy (tags)

"Finance markets become judges over the economy punishing mistakes with (threaten-ed) capital flight." Resisting re-regulation represses blind spots and confuses the goat and the gardener, the market and the fire dept and the problem and the solution.

Robin Hood Lives! MALDEF Declares Victory (tags)

The trial judge in the Texas School Funding Trial released final docs today. Here is a MALDEF press release and a selection of key passages from the court's findings, with commentary from the Texas Civil Rights Review.

LIBERATING THE ISRAELI ECONOMY FROM OCCUPATION (tags)

It surveys the Israeli government's attempt to liberate the economy from socialist occupation. It looks at the fight over the just passed 2005 budget and gives a cautious "green light" to the direction of the reforms.

The Icy Normality of Hunger (tags)

"World agriciulture in its present state of development could feed 12 billion persons.. The daily silent genocide of hunger that occurs in icy normality is not a fate. People are responsible.. For Rousseau, there was no natural law of capital.."

An Object Lesson in Investing (Or Being Taken for "a Ride") (tags)

Adam Smith, the father of modern economics much-quoted by conservatives, once said, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." It's a description that fits today's Wall Street to a tee.

Governor-elect Arnold "pay-to-play" Schwarzenegger gets millions from "spec (tags)

Schwarzenegger's list of contributors is largely made up of private business interests -- ranging from real estate developers and manufacturers to car dealers and a produce baron -- and has raised concerns from campaign finance watchdogs. He also drew criticism for collecting donations of up to six figures after announcing that he needed no help from contributors to finance the campaign.

Bustamante finds a very slimy way to bypass campaign finance laws (tags)

It looks like Cruz "Joe Lieberman for President" Bustamante has found a very slimy way to use the millions of dollars in dirty money he's been raking in from the casino interests here in California.

BTL: Federal Court Derails Campaign Finance Regulations Supreme Court will... (tags)

...decide fate of McCain-Feingold law Interview with Nick Nyhart, executive director of Public Campaign, conducted by Between the Lines' Scott Harris

Unwitting supporters of KOBE (tags)

These people don't realize it, but their software purchase decisions have helped to finance KOBE.

Little Israel Demands 10 $Billion More! (tags)

Not content with the $4billion we GIVE them every year, not content that Americans will DIE fighting ISRAEL'S enemy, Iraq, Israel NOW demands 10 $billion more!

Poindexter (tags)

So John Poindexter's been put in charge of an agency meant to study all our electronic transactions looking for terrorists. Good luck Admiral: let us know if you find anyone selling weapons to our enemies to finance international terrorism, like the Stinger missiles you sold to Iran to finance the illegal war in Nicaragua.

Reclaim the Media Sept-10 to 15 2002 (tags)

join us in Seattle September 10th through the 15th for Reclaim The Media: A community media convergence shadowing the NAB convention.

For California's Independence (tags)

SOMETHING TO THINK ABOUT IN THESE DIRE TIMES: We must not continue to be held hostage to U.S. monopoly finance KKKapital!!!

The Ecological Crisis and Finance Activism as the Achilles Heel (tags)

The planet is in a state of crisis. We are shredding the interlocking web of life on which we depend. This post is dedicated to examining finance activism as the strategic lever to transform the landscape of an unaccountable, unsustainable and fundamentally perilous global system that is destroying lives and land. In fighting such a system, we need targets that help us connect local struggles and global struggles.

In Solidarity with LA Free Press (tags)

Athens Free Press, a community supported newspaper hits the streets in Athens, Georgia. Articles about Athens sprawl, electoral reform, campaign finance reform, national inauguration protests, Colombian drug war escalation and more...

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