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thinkahol *

Open proposal to US higher education: end oligarchy economics, save trillions with educ... - 0 views

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    US universities and colleges could end unlawful US wars and stop banksters' rigged-casino fraud if they taught the central facts of these issues. This four-part series of articles is an open proposal for their action. Feel free to share it.
Giorgio Bertini

The Year of Wishful Thinking - from a Global Financial Crisis morphed into a Global Sov... - 0 views

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    The period from March 2009 was the year of wishful thinking. Central banks cut interest rates and governments opened their cheque books providing a flood of cheap money that gave the illusion of recovery and a normal functioning economy. By pouring a lot of water into a bucket with a large hole, the world sustained the impression that the receptacle was almost full.
thinkahol *

Open proposal to US higher education: end oligarchy economics, save trillions with educ... - 0 views

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    Economics: I'm going to discuss trillions of dollars in a moment. As an economics teacher, I understand numbers this large are extremely difficult to imagine. If you are among the majority with this difficulty, I recommend that you follow the expert testimony that paints the picture, and know that success in this area of public education transformation that unleashes trillions of our dollars for human creative capacity in unimaginable power is sufficient to end the current economic crisis. This is the longest section of my briefing. If you tire in reading, please consider that at trillions of dollars of annual public benefits, you literally have nothing more valuable to do than understand the following facts and ideas. Harvard's Linda Bilmes co-authored a paper with Nobel Prize winner Joseph Stiglitz estimating the long-term costs of current US wars at now $3 to $5 trillion ($30-$50,000 per US household of $50,000/year income), with total debt increase since 2001 of over $10 trillion. Remember, as demonstrated by the evidence disclosed by our own government, all the reasons Americans were told to go to war were known to be lies as they were told and applicable law proves these wars Orwellian unlawful. Just down the Charles River from Harvard, MIT's Simon Johnson (and former Chief Economist of the International Monetary Fund) describes our economy being lead by gambling oligarchs who have captured government as in banana republics (his words), and might plunge the US into an economy worse than the Great Depression. From his article under the telling title, The Quiet Coup: "Elite business interests-financiers, in the case of the U.S.-played a central role in creating the crisis, making ever-larger gambles, with the implicit backing of the government, until the inevitable collapse. More alarming, they are now using their influence to prevent precisely the sorts of reforms that are needed, and fast, to pull the economy out of its nosedive. The govern
Giorgio Bertini

Europeans Move to Head Off Spread of Crisis - 0 views

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    Leaders from the euro zone countries signed off on a support package for Greece on Friday night and pledged to take steps to stanch a spreading debt crisis before markets opened on Monday morning.
Giorgio Bertini

Stop British Petroleum Now - 0 views

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    An absolute environmental catastrophe is unfolding in the Gulf of Mexico right now. British Petroleum (BP) has opened up the sea floor 40 miles off the Louisiana coast allowing millions of gallons of crude oil to erupt into the Gulf. The scope of the discharge is far worse than being reported in the main-stream-media.
Giorgio Bertini

Clinton and Geithner Face Hurdles in China Talks - 0 views

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    China and the United States opened three days of high-level meetings here on Monday meant to broaden and deepen the ties between the world's largest developed and developing economies.
Giorgio Bertini

The dollar, less almighty: Big investors see possible long-term currency weakness - 0 views

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    Last month, Warren Buffett went shopping - abroad. He flew to South Korea for a factory opening and called the country a "hunting ground" for investments. He also pronounced post-earthquake Japan "a buying opportunity," and then traveled on to India, where he said he was eyeing more acquisitions. This is Buffett's way of betting against the U.S. dollar. Armed with about $38 billion of cash at Berkshire Hathaway, he can use dollars now to buy companies that will generate profits in other currencies for years to come.
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