A fair and solid crisis financing (tags)
The contrast between the EU and the US in COVID financing could hardly be greater. McDonald's operators, Marathon Oil (over $400 million), Exxon, Chevron and Sea World received relief and will reduce their future tax payments. Tax gifts characterize the US way of corruption and contradict these recommendations.
Obama's MyRA Proposal: Hold the Cheers (tags)
class war
Philippines: Public urged not to be distracted from punishing pork plunderers (tags)
Amid the raging debate on the Disbursement Acceleration Program (DAP), Akbayan partylist today warned the public not to be swayed by efforts from some quarters to use the issue to deflect attention on the plunder charges filed against several lawmakers involved in the multi-billion Janet Lim-Napoles pork barrel scam.
WPFW needs a home, not scare tactics about a corporate takeover (tags)
Some WPFW programmers are making an underhanded power play by framing a new lease as a corporate takeover
Cyprus
Cyprus Seeks 11th Hour Deal (tags)
Cyprus
Grand Theft Cyprus: Part II (tags)
class war
America's Retirement Crisis (tags)
class war
On the misuse of the Philippine Senate MOOE fund (tags)
The Party of the Laboring Masses (Partido Lakas ng Masa - PLM) is spearheading a campaign to eradicate corruption, patronage politics and shamelessness among government officials. The picket today at the Senate is only the first of the PLM campaign to pursue transparency in government.
Economic Policy, the Schwabian Housewife and Francois Hollande (tags)
"What is rational for individuals leads collectively into a cul-de-sac.. The fundamental error is that economic policy believes the crisis can be fought with the logic of a family budget. For that reason, the collapse of the euro zone threatens." France goes a different way than Italy and Spain.
California Calls for Austerity for Disabled Children (tags)
In the Budget Proposal for 2012-2013, Governor Jerry Brown proposes to defund California Children's Services' Medical Therapy Program by establishing harsh and restrictive financial requirements for the families of the disabled children who rely on this vital service.
Queer Democrats Unanimously Oppose Pension "Reform" (tags)
The hottest issue on the June 5 ballot in San Diego is Proposition B, the public pension "reform" initiative sponsored by openly Queer Right-wing City Councilmember and Mayoral candidate Carl DeMaio. It would freeze all city workers' pay for five years and abolish the city's pension system for new hires, replacing it with a 401(k)-style plan. The product of a decade-long propaganda campaign by the radical Right politicians and media, it's expected to pass easily — but the predominantly Queer San Diego Democrats for Equality, after hearing a debate on it, unanimously voted to oppose it at their April 26 meeting.
economy
Saving is not a Solution (tags)
The capital markets repeatedly force the real economy to its knees. The savings orgy should help heavily indebted states regain the trust of the financial markets. In a play from the madhouse, states must run into debt to bailout their money-houses.
Stranded in Northern California (tags)
Women are too often at the mercy of the men in there lives.
Unions and Patients Demonstrate to Denounce Schwarzenegger Cut Proposals (tags)
Caregivers and the Cared For Gather to Protest in Downtown L.A.
Former S&L Regulator: Absolutely A Banking Bailout Coverup (tags)
This Bill Moyers interview is going viral so fast, I can’t even keep up with it. And for a very good reason - former S&L regulator Bill Black explains exactly why the current banking bailout is a mistake. Hat-tip to Crooks & Liars for content!
"Just Say No!" to the Robin Hood-in-Reverse Bailout (tags)
How people can stand up to threats on the economy by Wall Street banking/securities corporations, where are alternatives to save the economy that don't involve theft of taxpayer dollars??
MP3 Audio: Interviews with Indymac Customers (tags)
SANTA MONICA, July 16, 2008 – The run on Indymac Bank, continued into its third day today. The branch on Wilshire Blvd in Santa Monica has started issuing numbers to customers wanting to withdraw money from their accounts. Today, the doors to the bank were guarded by two security agents. Customers were only allowed entry when their number was called. On arrival this reporter saw ticket #516 issued to a woman from Marina Del Rey who wanted to close her account and move her savings to another bank. When leaving the scene the bank mangers were calling ticket number 209
Interview with Kurt Richebacher (tags)
"The dangers that loom on the currency front are immense. The US trade deficit and the accumulated foreign indebtedness have reached a scale that defies any possible action by central banks." Dr. Richebacher is a former economist of the Dresden Bank.
Savings Accounts for Newborns in CA is a Bad Idea (tags)
The CA Senate Proposal to give $500.00 to all babies born in CA staring Jan.1, 2008 is a bad idea.
Pension cuts and inequality wiping out retirement for American workers (tags)
For a growing number of US workers, dreams of a decent retirement are quickly evaporating as companies shift retirement costs onto workers, in the form of deductions from already declining wages, in order to maintain profits in a competitive global economy. In the wake of the post-World War II business boom, US workers were granted certain limited concessions in a three-legged system of retirement security that included individual savings, government programs and private employer pensions. Between the 1940s and the 1980s, private pensions with a guaranteed payout (also known as defined-benefit pensions), became a standard component of compensation for a large section of the American workforce.
UC Research and Technical Workers Set to Strike on May 26th (tags)
UC Research and Technical Workers Set to Strike on May 26th
Organized Crime, The CIA and the Savings and Loan Scandal (tags)
The criminals in charge often use the expression ' tax and spend'. Maybe we should use the term 'tax and steal' or maybe just steal.
Bush FAmily and the Savings and Loan Scandal (tags)
A very important unreported -by-major-press segment of Bush family criminal history, their involvement in the theft of 1.4 TRILLION dollars from US treasuries, that will cost American taxpayers 32 BILLION dollars a year for many years. And now, since they have elevated themselves and their cronies to positions of higher office ( Hey Arnold!), they are able to steal legally, and mete out millions and billions in no-bid contracts to their friends in oil, construction, drugs,in illegally using US military for their own profit, in manufacturing illegal, avoidable, unecessary wars, as with Afghan, Iraq, and benefiting Halliburton, Bechtel, ( of which the Bin-LAdens own 10%), , DOD goliath Carlyle Group, ( also serving CIA and Arab shareholders,of which the Bin-Ladens themselves were original shareholders along with Bush's, until just after 911), and who has now ventured into ownership of new, trackless, easily hackable, electronic voting machines,( Hey Arnold!) and Fluor, and Bayer, and Biport, ( the only manufacturer of Anthrax vaccine, also part Arab-owned)-and also the huge CIA mercenary front DynCorp. which is also involved in child-prostitution, women's sexual slave-trafficking, and drugs.- Can you spell New World Mafia? ( And by the way, I'm not just pickin' on Arabs, Jew-American mobster Alvin Malnik, friend of saudi Princes and the mob owner ( Hilliard's) of Jeb Bush associated CIA terrorist flight school in Venice, Florida, who has also provided M. Jackson with his own lawyers is also a party to the high-level criminal-poliical fraud bed, as seems the Rothschild's, who backed Arnie and who also just happen to own lion's share of new voting systems. - Yours in spirit of truth and Christ, and persecuted Christian threatened by the company-mob-Fed coalition with false arrest, imprisonment, "shipment", sales into slavery. Any attorneys out there can help an honest, capable,caring, lady in distress?V. Smith
Neil Bush and theft of 1.4 Trillionin Savings And Loan Scandal (tags)
Oh! And one cannot omit shining the light on the sterling citizenship of Neil Bush, and his, ( and Jeb's and George's) involvement in the world's largest theft, that is still today, costing US taxpayers 32 billion dollars a year, as it will for more than a decade to come. ( Any wonder why schools are begging for supplies, job training, education funds have vanished? They want to create a population of mob-controlled slaves!)
Study: Most tax breaks go to wealthy, add to federal deficit (tags)
Most of the benefits of tax-advantaged retirement accounts go to the highest wage earners. The poorest 40 percent of households have only about 5 percent of all the assets in these accounts, while the richest 10 percent have more than half.
No 'Right' side to the Medicare bill? (tags)
Steve Moore, president of the Club for the Growth, and his group oppose the Medicare bill: "Our members just hate this bill. They really do. . . . We can't in good conscience support the largest entitlement expansion in decades."
Sell your US Savings Bonds (tags)
Now is the time
Capitalism is Legalized Robbery (tags)
Conspicuous and inconspicuous examples of theft by the capitalist system.
Capitalism's Injustices (tags)
A discussion of the injustices of the capitalist system.