Skip to main content

Home/ Financial Crisis and Geopolitics/ Group items tagged the

Rss Feed Group items tagged

thinkahol *

David Graeber: On Playing By The Rules - The Strange Success Of #OccupyWallSt... - 0 views

  •  
    Just a few months ago, I wrote a piece for Adbusters that started with a conversation I'd had with an Egyptian activist friend named Dina:

    All these years," she said, "we've been organizing marches, rallies… And if only 45 people show up, you're depressed, if you get 300, you're happy. Then one day, 200,000 people show up. And you're incredulous: on some level, even though you didn't realize it, you'd given up thinking that you could actually win.

    As the Occupy Wall Street movement spreads across America, and even the world, I am suddenly beginning to understand a little of how she felt.
thinkahol *

Tomgram: Glenn Greenwald, How the Rich Subverted the Legal System | TomDispatch - 0 views

  •  
    As intense protests spawned by Occupy Wall Street continue to grow, it is worth asking: Why now? The answer is not obvious. After all, severe income and wealth inequality have long plagued the United States. In fact, it could reasonably be claimed that this form of inequality is part of the design of the American founding -- indeed, an integral part of it.

thinkahol *

BBC News - Thinking outside the 1930s box - 0 views

  •  
    There are two kinds of people at present: those who know in a vague way that the 1930s was a bad time, and those who have studied the detail and understand the economics of why it went bad.

thinkahol *

Study shows that one 'super-corporation' pulls the strings of the global economy | Mail... - 0 views

  •  
    A University of Zurich study 'proves' that a small group of companies - mainly banks - wields huge power over the global economy.

    The study is the first to look at all 43,060 transnational corporations and the web of ownership between them - and created a 'map' of 1,318 companies at the heart of the global economy.

    The study found that 147 companies formed a 'super entity' within this, controlling 40 per cent of its  wealth. All own part or all of one another. Most are banks - the top 20 includes Barclays and Goldman Sachs. But the close connections mean that the network could be vulnerable to collapse
thinkahol *

The Greeks Are Being Unfairly Maligned by Global Financiers: The Truth Is Very Differen... - 0 views

  •  
    Beyond the anti-Greek media campaign lies the story of a weary people caught between a corrupt political system and rapacious financiers. Sound familiar?
thinkahol *

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of Ameri... - 0 views

  •  
    This story from Bloomberg just hit the wires this morning.  Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC.
    What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in CDS insurance contracts sold by Bank of America and JP Morgan.  Even worse, the total exposure is unknown because Wall Street successfully lobbied during Dodd-Frank passage so that no central exchange would exist keeping track of net derivative exposure.
thinkahol *

Lifting the Veil: Obama and the Failure of Capitalist Democracy {Full Film} -... - 0 views

  •  
    This film explores the historical role of the Democratic Party as the "graveyard of social movements", the massive influence of corporate finance in elections, the absurd disparities of wealth in the United States, the continuity and escalation of neocon policies under Obama, the insufficiency of mere voting as a path to reform, and differing conceptions of democracy itself. 
    Original interview footage derives from Noam Chomsky, Michael Parenti, Michael Albert, John Stauber (PR Watch), Sharon Smith (Historian), William I. Robinson (Editor, Critical Globalization Studies), Morris Berman (Author, Dark Ages America), and famed black panther Larry Pinkney. 
thinkahol *

The Republicans Say A Major Impediment To Growth Is Uncertainty Over Regulation. Resear... - 0 views

  •  
    The most important thing to understand about the Republican jobs agenda is that it's not really a jobs agenda. That sounds simplistic and harsh, but I think it's true, at least if you buy into the mainstream economic consensus.
thinkahol *

Could this time have been different? - The Washington Post - 0 views

  •  
    A deep look at the economic policies we did and didn't choose.
thinkahol *

Attorneys General Settlement: The Next Big Bank Bailout? | Matt Taibbi | Rolling Stone - 1 views

  •  
    The point of all of this is, if you add up all of the MBS-related liability out there, the banks as it stands are facing an Armageddon of claims from all sides. It can't possibly be less than a trillion dollars, and it's probably much, much more.

    But the Obama administration's current plan is to let them all walk after paying a few shekels apiece into a $20 billion kitty.
thinkahol *

The Greatest Speech Ever Made - YouTube - 0 views

  •  
    One of the most important speeches in recorded history was given by a comedian by the name of Charlie Chaplin. If you like what you see please share the video any way you can and pass the message on.
‹ Previous 21 - 40 of 104 Next › Last »
Showing 20 items per page