Group items tagged

"Those who make peaceful evolution impossible make violent revolution inevitable."- John F. KennedyThere's one thing for sure: 2008 isn't anything like politics as usual.The corporate media (with their unerring eye for the obvious point) is fixated on the narrative that, for the first time ever, Americans will likely end this year with either a woman or a black man headed for the White House. Bloggers are telling stories from the front lines of primaries and caucuses that look like something from the early 60s - people lining up before dawn to vote in Manoa, Hawaii yesterday; a thousand black college students in Prairie View, Texas marching 10 miles to cast their early votes in the face of a county that tried to disenfranchise them. In recent months, we've also been gobstopped by the sheer passion of the insurgent campaigns of both Barack Obama and Ron Paul, both of whom brought millions of new voters into the conversation - and with them, a sharp critique of the status quo and a new energy that's agitating toward deep structural change.There's something implacable, earnest, and righteously angry in the air. And it raises all kinds of questions for burned-out Boomers and jaded Gen Xers who've been ground down to the stump by the mostly losing battles of the past 30 years. Can it be - at long last - that Americans have, simply, had enough? Are we, finally, stepping out to take back our government - and with it, control of our own future? Is this simply a shifting political season - the kind we get every 20 to 30 years - or is there something deeper going on here? Do we dare to raise our hopes that this time, we're going to finally win a few? Just how ready is this country for big, serious, forward-looking change?Recently, I came across a pocket of sociological research that suggested a tantalizing answer to these questions - and also that America may be far more ready for far more change than anyone really believes is possible at this moment. In fac

When justified by economic fundamentals, a currency's exchange rate should be allowed to rise gradually. But when a currency's appreciation is triggered by capital inflows that represent the asset-diversification preferences of advanced-economy investors, it can and should be resisted.

1500 cash loans scheme is such a kind of loan which offers you the cash up to 1500 dollars when your financial situation is not so much good. These short kinds of loans are available with different terms and rates so that you can select anyone according to your budget. And, you can get cash within a day after being approved for the loan. These loans are short term unsecured loans borrowed to deal with your urgent cash needs. A person may face a situation where his or her personal savings are exhausted and so left with no other option then to go for a loan. In such critical situations, these loans prove to be very helpful.

If you have just moved house then there are a lot of expenses that you are incurring right now. If you need a loan of about $ 1500 to take care of the important bills and rent, is it possible without stress? With traditional loans that would not be possible as there will be a list of formalities to go through and carry out. If you have neither the patience nor the time for it, then apply for loans 1500 online, with lenders or banks. You can borrow the loan for a short amount of time as decided by the lender and then repay when you have money from your paycheck. These loans will not come with the requirement for you to pledge some of your assets or valuables. Since the amount is fairly small, there is no need to place collateral like house papers or jewelry with them. In case you are suffering from any credit related issues like arrears, foreclosures, bankruptcy etc., you may be rejected by traditional lenders. But lenders offering loans 1500 will not turn you down. In fact you will be given a loan without the lender bothering to look into your credit profile. These loans are approved without the lender wanting to know as to how or where you intend to use it. Also there will be no set of instructions as to what you can or cannot do from the lenders end. So you can pay your rent, repaint the house, think about bills to be paid etc., without a worry. These $ 1500 loans are going to be approved without even of the simplest forms of documentation being involved. The details that you furnish at the time of application do not have to be supported by fax copies of your important documents. What this does reduces the processing time and allows the lender to sanction a transfer within 24 hours of receiving the request.

The best alternative to redirect financial issues of your life is Get Payday Loans Online. When person is in hurry for emergency funds that time one should go for this financial help. People who have not their property to use or guarantor for securing the loan who do not have their own home, vehicle face issues but these direct lending companies are the feel good manner for those people. Through this loan, anyone can fulfill their urgent expenses without any delay. Apply for this loan by filling online application form and submit it. The requested funds will be transfer into your account within few hours.

There are instances when funds are needed on short notice to deal with financial emergency. Waiting till next salary day will be of no use for you as pending debts cannot be settled on time. To arrange urgent finance getting a loan with time consuming procedure is not a good idea. Now, finding fast cash for short term requirements is possible with help of get payday loans online especially crafted for working class people? Rest assured to grab cash quickly once it is approved through provision of these loans.

If you are in require of cash don't worry we at Short Term Loans Georgia are here to support you. When your requirements are small and you require getting financial support at the right time you are free to apply with us anytime. So, apply speedily to reach your needs anytime.

The Obama administration has unveiled a new national security strategy, saying armed conflict should be a last resort when diplomacy is exhausted.

When the spending bubble popped, it ushered in the era of the incredible shrinking consumer. Demand is weak, and companies are looking to do more with less by stretching their workforce and filling the gaps with cheap labor, even part-timers. Indeed of Brookings' 20 strongest cities have average or below average cost-of-living, and most of those cities have below average wages.

What's striking about Spain, from an American perspective, is how much its economic story resembles our own. Like America, Spain experienced a huge property bubble, accompanied by a huge rise in private-sector debt. Like America, Spain fell into recession when that bubble burst, and has experienced a surge in unemployment. And like America, Spain has seen its budget deficit balloon thanks to plunging revenues and recession-related costs. But unlike America, Spain is on the edge of a debt crisis. The U.S. government is having no trouble financing its deficit, with interest rates on long-term federal debt under 3 percent. Spain, by contrast, has seen its borrowing cost shoot up in recent weeks, reflecting growing fears of a possible future default. Why is Spain in so much trouble? In a word, it's the euro.

Europe will eventually grow tired of bailing out its weaker countries. The Germans will probably pull that plug first. The longer we wait to see fiscal probity established, at the European Central Bank and the European Union, and within each nation, the more debt will be built up, and the more dangerous the situation will get. When the plug is finally pulled, at least one nation will end up in a painful default; unfortunately, the way we are heading, the problems could be even more widespread.

When Chancellor Angela Merkel's current government came into power, Germany was just emerging from the economic crisis. But despite pledges to curb deficit spending, Merkel's administration has been running up debt at a record pace -- and bailing out Greece will only exacerbate the situation.

On May 20, the Senate passed its bill to reregulate Wall Street by a vote of 59-39, complete with a (watery) version of the Volcker Rule. The story of the legislation's passage can be told in a number of ways: a tale of conflict or compromise, triumph or capitulation. But on any reading, that story is only the climactic chapter in a larger narrative: how the masters of the money game fell out of love with-and into a state of bitter, seething, hysterical fury toward-Obama. The speed and severity of the swing from enchantment to enmity would be difficult to overstate. When Obama was sworn into office, Democrats on Wall Street rejoiced at the ascension of a president in whom they saw many qualities to admire: brains, composure, bi-partisan instincts, an aversion to class-based combat. And many Wall Street Republicans-after witnessing the horror show that constituted John McCain's response to the financial crisis-quietly admitted relief that the other guy had prevailed.

Europeans have grown accustomed to seeing government workers shut down their countries when provoked. At this time of huge deficits from Washington to the smallest towns, government workers in the U.S. also face significant cutbacks.

Not long ago I was sitting at home writing something for publication - I won't say what, except that it was a passage about a certain politician on the Hill. Out of habit I launched into a description that was full of nasty and personal language, and I was about to press on to the next part of the piece when suddenly I hit a mental speed bump. A voice in my head whispered - this really happened - "If you write that shit and Bernie Sanders sees it, he's going to be disappointed in you." So I went back and removed the gratuitous body blows from the article.

"Small acts, when multiplied by millions of people, can quietly become a power no government can suppress, a power than can transform the world." -The late people's historian Howard Zinn (August 24, 1922 - January 27, 2010)

All across the United States, large and small cities are closing public libraries or curtailing their hours of operations. Detroit, I read a few days ago, may close all of its branches and Denver half of its own: decisions that will undoubtedly put hundreds of its employees out of work. When you count the families all over this country who don't have computers or can't afford Internet connections and rely on the ones in libraries to look for jobs, the consequences will be even more dire. People everywhere are unhappy about these closings, and so are mayors making the hard decisions. But with roads and streets left in disrepair, teachers, policemen and firemen being laid off, and politicians in both parties pledging never to raise taxes, no matter what happens to our quality of life, the outlook is bleak. "The greatest nation on earth," as we still call ourselves, no longer has the political will to arrest its visible and precipitous decline and save the institutions on which the workings of our democracy depend.

This is a new blog.

In 1937, on the eve of a major policy mistake, U.S. economic conditions were surprisingly similar to those in the nation today. Consider, for example, the following summary of economic conditions: (1) Signs indicate that the recession is finally over. (2) Short-term interest rates have been close to zero for years but are now expected to rise. (3) Some are concerned about excessive inflation. (4) Inflation concerns are partly driven by a large expansion in the monetary base in recent years and by banks' massive holding of excess reserves. (5) Furthermore, some are worried that the recent rally in commodity prices threatens to ignite an inflation spiral.     While this summary arguably describes current trends, it is taken from an account of conditions in 1937 that appears in "The Mistake of 1937: A General Equilibrium Analysis," an article I coauthored with Benjamin Pugsley. What we call "the Mistake of 1937" was, in broad terms, a decision by the Fed and the administration to implement a series of contractionary policies that choked off the recovery of 1933-37 and brought on the recession of 1937-38, one of the worst on record. What is particularly noteworthy is that the inflation fears that triggered the Mistake of 1937 were largely driven by a rally in commodity prices. These circumstances invite direct comparison with our own time, when a substantial recent rise in commodity prices (which now seems to be abating somewhat) stoked inflation fears and led some commentators to call for an increase in the federal funds rate.     The question for the contemporary reader is this: If we could transport a modern-day economist back to 1937, would he or she have made the same mistake? My suggested answer-admittedly somewhat hopeful-is no. I base this view on the fact that most economists today distinguish between the temporary movements in the consumer price index that stem from volatility in commodity prices and the movements that reflect fundamental inf

Maintaining ignorance about the limitations of stability theory comes in handy when perpetuating the mythology of market theory. As Mundell once remarked, stability analysis is the most successful failure of general economic theory. It is also the best example of how an academic community pushes the most serious problems of mainstream theory under the rug and gets away with it. Students should learn to look under the rug. The ability to improve our understanding of economic processes depends on efforts to uncover the failures of mainstream theoretical constructs.