We are part of the universe and the earth and must live in accordance with the laws of the universe as well as the earth. The most basic law is the realization that we share the planet with other beings and that we have a duty to care for our common home.
Nationalizing banks works for the short term; why not permanently? (tags)
Temporary nationalization of big banks worked in Norway and Sweden. Permanent nationalization would avoid a return to the speculation and destruction of bankers.
[Strategy!:] The Occupy Movement Needs a Good Fight (tags)
The Occupy Movement Needs a Good Fight "Power concedes nothing without a demand." - Frederick Douglass In a movement based on general anger about inequality and the domination of big banks, it becomes difficult to focus the rage into something concrete. For many Occupiers, being concrete is a mere distraction, meant to shift the movement into something 'less radical,” since their targets — big banks and inequality — are at the root of the problem. Why mess with the tree when you could go for the roots? But, as any tree-removal worker will tell you, the tree comes first, then the roots. The roots cannot be the immediate goal of the Occupy movement because pulling them out would require tens of millions of hands, and the vast majority of working people are not yet directly involved in the movement, though many of them are giving approving nods from a distance. Bringing these more distant people into the movement requires they be given a good reason to join. And although a general anti-1% sentiment sounds appealing to the 99%, a struggle to win worker-friendly demands can help pull these people into the streets.
imperialism
Stealth Action Against the Four Biggest Banks (tags)
--Fed Up Bank Customers "Put Some Teeth" into Movement to take back the power of the ordinary citizen to affect US economic structure-- Join the stealth action AND/OR move your money out of a big bank and into a credit union/local bank today-- If you've done that already, we want to hear from you...
GERMANY: What Lessons Do We Learn from the Financial Crisis? (tags)
Rating agencies were paid by the firms to be rated. Ultimately rational individual conduct led to an irrational collective result. The lesson is clear. On the way of regulation or taxation, banks must be given a massive incentive to remain small.
Barack Obama Pirate Captain of Derivative TARP TANIC and Nuclear Iran (tags)
The more things change, the more they stay the same.
GM, The NY Times, & Marxism 101 (tags)
As Socialists, we are consistently asked to present our ideas in a clearer, easier to understand manner. To achieve this goal, I’ll enlist the help of former Governor of Massachusetts and candidate for the Republican Presidential nomination, Mitt Romney, who appeared in the New York Times Op-Ed section on Nov. 19th. Romney’s piece, entitled “Let Detroit Go Broke,” laid bare the intent behind the angry rhetoric used by politicians against the proposed bailout for the “Big Three” automakers. Whereas the giant Wall Street banks received over 1 trillion dollars — so far— without barely having to ask, an industry that actually produces something has to beg for a handout. Why the difference?
Reviewing F. William Engdahl's Seeds of Destruction (tags)
Agribusiness aims to control food worldwide and make it all genetically engineered