The Forgotten History of the Financial Crisis (tags)
In the United States between late 2008 and early 2009, 800,000 people were losing their jobs every month. By 2015, over nine million American families would lose their homes to foreclosure—the largest forced population movement in the United States since the Dust Bowl.
Ten Years After the Financial Crash (tags)
US economic statistics are dubious since financial markets are based on financial products and money out of nothing. Tax havens, micro-second betting, stock buybacks and corruption through lobbying are market-distorting and cause revenue shortfalls.
Nature "Conservancy" Continues Mammal Murder And Environmental Destruction (tags)
A coup d'etat at Nature Conservancy has helped environment-raping big business execs take over NC land holdings
6 Articles On PBS Promotion of Animal Products, War Propaganda, Deforestation Etc (tags)
PBS is aligned to the Pentagon agenda and corporate America
For a Different Economics (tags)
Economists are criticized everywhere for their onesidedness, their focus on markets and their inability to deal with the burning problems... From neoclassical assumptions "more is better" or markets lead to efficient distribution, a perspective on the world results that sets efficiency over justice
How Goldman Sachs Rules the World (tags)
Hank Paulsen had famous examples: Robert Rubin, Treasury secretary under Bill Clinton, also changed from Goldman Sachs into politics. Europe and the US are firmly in the grip of Goldman Sachs.
The Crisis, Money and Us (tags)
"One we had a coordinated social market economy. This `Rhine' capitalism embodied the insight gained in bitter experience that totally freed markets are self-destructive. This insight was lost somewhere between Friedman and Hayek, Thatcher and Reagan.."
Goldman Sachs: Master of the Universe (tags)
Don't bet against Goldman
The Bosses Have the Public Sector in Their Sights. (tags)
Years of collaboration and concessions by the heads of organized Labor have paved the way for the aggressive attacks and confidence the employers are displaying now. These concessionary policies have been a catastrophe for workers leading to much unnecessary suffering.
Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Plann (tags)
Their goal is a world with rulers and serfs, no middle class
Global Crisis: How Much Time do We Have? (tags)
"Rather, what began Monday, September 15, 2008 was the beginning of a terminal and irreversible collapse of the global financial system, which is part of a controlled Model through which other objetives will be achieved."
Banks Get a Bailing Grade (tags)
The average person is incensed over pyramid-king Bernie Madoff, CEO bonuses, lavish executive junkets and the diamond-studded safety nets gifted big business. But public outrage is deficient in the realm I call banking’s black hole of incompetence, a bureaucratic void which seems to suck intelligence, ability and reason from bank employees
Our Common Enemy: The Press (tags)
From the view of the rulers, the task of the media is to give a false impression about reality. It protects the governing elite from the people so the people do not really know what the elite actually does.. The freedom of the press is the freedom of 200 rich men.
Barack Obama Pirate Captain of Derivative TARP TANIC and Nuclear Iran (tags)
The more things change, the more they stay the same.
Instead of borrowing trillions and sticking future generations of taxpayers with the cost of bailing out a corrupt and ineffective financial system, the federal government should use the bailout money and charter a bank of its own,one that could offer loans directly to individuals and businesses and thereby stimulate the economy by providing capital to people who can't get it now from the private banks.
Tarp Stimulus Banker Johns Save by Writing Off Kristin Davis Hookers (tags)
Some things never change.
Wall St. and the Fed Get Fatter, While Main St. Suffers (tags)
The greed of some of the Wall St. banksters, and the Fed’s inept policies, like condoning deregulation, are the real causes of the current financial meltdown. Nevertheless, the U.S. Congress has given them a green light to rake in trillions of dollars in taxpayers’ bailout money, with little or no public disclosure. The Fed’s functions should be taken over by the Treasury Dept. Main St. needs to be Congress’ prime concern, not Wall Street.
"Like the Fall of the Wall" (Joseph Stiglitz) (tags)
The mixture of low interests, excessive liquidity and lax oversight on money institutes led to the financial crisis. National indebtedness rose two-thirds in only eight years. The govt should immediately begin investing in the infrastructure, education and other projects.
Worse Than the Great Depression? (tags)
a distinct possibility
This profit motive system based on material wealth has degraded us to selfish, greedy rulers of a global economy that we helped to create and have now plunged it into the unavoidable world depression of the 21st century. The scenario of the boom bust capitalist system is antiquated and needs to be replaced.
A reality check.
In the great US democracy, half of those eligible to vote are not registered, and half of those who are registered does not vote. Thus, the rulers are elected by only 25% of the electorate...
The Philosophies of Deregulation and Neoliberalism are Dead in the West (tags)
"The patient suffers massive internal bleeding and is given a blood transfusion. The banks lent money and accepted inflated assets as security. This bubble burst..Those who pocketed profits for years want to pin the losses on the taxpayers."
The October Surprise - Global Panic (tags)
It's not over.
Assassinations, Wars and Meltdowns: Who Benefits? (tags)
America has been subjected to the some severe shock therapy over the years. JFK, MLK, Jr. and Bobby Kennedy were all murdered! Then, there was the Vietnam War (1963-75); the “Watergate” scandal; and the horrors of the 9/11 tragedy; followed by the invasion and occupation of Iraq. The latest hit is the Wall Street bailout, to wit: the economic and fiscal meltdowns. They all spell out the sharp decline of America. Is it by accident or by plan?
The government-business looting of America.
Pelosi Pushed Book, While Taxpayers Revolted Over Bailout (tags)
When the Congress was debating the $700 billion bailout of the greedy bankers on Wall St., an overconfident Speaker Nancy Pelosi was in Baltimore hawking her book, “Know Your Power.” On Sept. 29, 2008, the House of Representatives, responding to a taxpayers’ revolt, rejected the Bush-Cheney Gang’s bailout scheme. Speaker Peolsi, in her library spiel, conveyed a false sense of security about the grim economic situation facing the nation.
Paulson go out. Truth about "unbelievable" big 2008 crash (tags)
Barack Obama: "No necesitamos sólo un plan para Wall Street. Hay que incorporar medidas de salvación para miles de ciudadanos" que están perdiendo sus casas y sus ahorros, declaró Obama. "Tampoco podemos cometer el error de que el dinero de los contribuyentes sea usado para corregir malas decisiones" ////////////////////// “Durante un par de años, el capital desafió a la ley del valor, inflando su valor más allá de su capacidad de reproducción real, pero la ley del valor se ha cobrado la afrenta a un precio enorme. Ha quedado de manifiesto que la ganancia capitalista es un objetivo muy estrecho para desenvolver productivamente la riqueza social acumulada. La crisis mundial plantea la reorganización social general sobre nuevas bases” ////////////////////////////////// euroimmersion.com: La crisis no es culpa de las “subprime” o hipotecas ninha. La crisis tampoco es culpa de la codicia de unos banqueros. La crisis no se supera con una “regulación” sino con un cambio radical y con nuevos paradigmas que abandonen las trampas y falsedades neoliberales de la Escuela de Chicago por otras más acordes con la sociedad del conocimiento en que tenemos que avanzar. La actual crisis obliga a revisar el modelo entero y a decir la verdad: la globalización no ha producido nada de crecimiento ni bienestar para nadie ha sido un modelo fracasado y de muy corto alcance histórico pero a la vez ha permitido el robo y la concentración de poder y dinero como nunca antes en la historia de la humanidad en una casta dirigente parásita que no ha aportado nada a la sociedad. Crash 2008: la mayor estafa bancaria, bursátil y económica de la historia. Los datos más importantes. Paulson go out. All the truth about this "unbelievable" big 2008 crash
Bail-Out, Economic Democracy and the Socialist Path (tags)
David Schweickart, political philosopher, discusses the financial crisis, what it exposes about capitalism, how it can set the stage for economic democracy, and open the socialist path.
The Bailout is a Crime. Demand Socialized Housing! (tags)
If we're going to buy the debt, we want the collateral.
Nationalization of Freddie Mac (tags)
The Nationalization of the mortage industry by the government shows how easily the goverment can nationalize healthcare and other services. The steady now increased offensive by the bosses over the past 30 years is because of a failure of union leadership by throwing all their resources into funding the Democrats and supporting the "team" concept.
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
Reviewing James Petras' "Rulers and Ruled in the US Empire" (tags)
An in-depth review of James Petras' important new book.
La última gran estafa de la banca especuladora y global (1) (tags)
HAN LLEVADO LA RUINA A MILES DE FAMILIAS HONESTAS Y TRABAJADORAS, ESTAFA QUE VA DE LOS INTERESES DE USURA DE LAS HIPOTECAS A LOS AHORROS INVERTIDOS INGENUAMENTE EN HEDGES FUNDS....
Stock Market Meltdown - First Signs of Global Economic Rout
Ex U.S. Treasury Secretary John Snow,Michael Moore, Cerberus,Bawag Austria and Cuba (tags)
Funny you don't hear about the present Treasury Secretary going after ex Treasury Secretary John Snow for his conflict in spying on interbank financial transactions as U.S. Secretary of Treasury through SWIFT of Brussels,Belgium with CIA and perhaps SRA International's Mantas data mining software followed by John Snow's resigning his U.S. Treasury Secretary financial spy post in Europe to BUY BAWAG BANK with Dan Quayle,John Snow,the Kellogg Brown and Root boys and some well heeled Jewish billionaires(who helped them buy Leumi Bank of Israel and who are modest and wish to remain anonymous) !?