Who can afford capitalism anymore? and Why are prices rising? (tags)
When the state now debates the need to create relief packages for employees, pensioners, unemployment benefit recipients, trainees and families, this is official confirmation that the result of wage labor is also poverty. The majority of citizens find themselves in a dual role...
Raising interest rates to fight inflation is a crazy idea (tags)
A wrong analysis of the causes of inflation leads to wrong countermeasures. Wage restraint means a loss of purchasing power and does not change the increased energy prices. Higher interest rates will make loans more expensive, lead to less investment, eg renewable energies.
Canadians Reject Harper: Hold the Cheers (tags)
Canada
Rigging Foreign Exchange Markets (tags)
markets
Janet Yellen Likely New Fed Chairwoman: Hold the Cheers (tags)
class war
Larry Summers: Wall Street's Man (tags)
Fed
Gold Drops Most in 30 Years (tags)
gold
Wall Street's in Good Hands with Mary Jo White (tags)
Wall Street
Libor Scandal Reflects a Cesspool of Financial Fraud (tags)
fraud
Bogus Washington-Proposed Financial Reform (tags)
banker, not people reform
Selling Out America to Wall Street (tags)
pillaging American wealth
Manipulation - How Markets Really Work (tags)
Insiders move markets up or down for profit.
Early Suspicions About Bernard Madoff (tags)
All Wall Street like Madoff
Obama's New Appointments (tags)
as bad as the others
The present economic crisis has the capitalist class calling for state intervention again. They claim another bout of memory loss, they simply "forgot" the business cycle exists.
Bunker Time: Federal gov. to conduct large scale anti-terror drill (tags)
William Arkin reports in the Washington Post on the largest anti-terror drill yet to be conducted in the context of the "Continuity in Government" procedures. The drill is intended to prepare the country for "a Second 9/11".
E-Day: The Collapse of the Oil Lie (tags)
For a long time the oil market has functioned according to the laws of the monopoly game with players in Riad, Washington and Houston.. Only 50% of the necessary oil will be available in 8 years in 2012..
Blame Bush for California's Budget Woes (tags)
Californians provide much more to the federal government in taxes than they get back in services. The feds should bail out the states, which cannot indulge in the red-ink financing that has become a specialty of the Bush Administration.