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in title, tags, annotations or urlOligarchic Senate Still 'Treasonous' After All These Years - 0 views
Default: the Student Loan Documentary - 0 views
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"In 2005 private student loans were exempted of ALL consumer protections. No matter when their loans were taken, many borrowers now find themselves in a paralyzing predicament of repaying two, three or multiple times the original amount borrowed, with no bankruptcy protection, no cap on fees and penalties and no recourse to the law. The consequences are dire, with stories of borrowers in financial and emotional ruin."
Bailout for the People || Basic Income Guarantees || Cancerous Monetary System in USA - 0 views
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Isn't it fiinally time to enact a "basic income guarantee"? The lack of individual and family income security in the midst of a highly-developed economy is a travesty under any circumstances. But the contradiction of "poverty in the midst of plenty" that has plagued the world since the start of the Industrial Revolution is becoming much more grave in the U.S. and abroad. The problem, of course, is one of distribution of earnings, and excess production capacity relative to available income... Winston Churchill gave eloquent testimony to this conundrum of the modern age when delivering the Romanes Lecture at Oxford University on June 19, 1930. This was a few months after the crash of the U.S. stock market marked the start of the Great Depression. Churchill said: "Who would have thought that it would be easier to produce by toil and skill all the most necessary or desirable commodities than it is to find consumers for them? Who would have thought that cheap and abundant supplies of all the basic commodities would find the science and civilization of the world unable to utilize them? Have all our triumphs of research and organization bequeathed us only a new punishment: the Curse of Plenty? Are we really to believe that no better adjustment can be made between supply and demand? Yet the fact remains that every attempt has failed. Many various attempts have been made, from the extremes of Communism in Russia to the extremes of Capitalism in the United States. They include every form of fiscal policy and currency policy. But all have failed, and we have advanced little further in this quest than in barbaric times. Surely it is this mysterious crack and fissure at the basis of all our arrangements and apparatus upon which the keenest minds throughout the world should be concentrated.
In Homeowners' Latest Woe, Banks Are Abandoning Foreclosed Homes to Litter Neighborhoods with Vandalized, Destroyed Property - 0 views
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The way mortgages are bundled and resold, it can be enormously time-consuming just trying to determine what company holds the loan on a property thought to be in foreclosure. ___In Ms. James's case, the company that was most recently servicing her loan is now defunct. Its parent company filed for bankruptcy and dissolved. And the original bank that sold her the loan said it could not find a record of it.
Shareholder Value for Beginners - 0 views
Banks Too Connected To Fail « The Baseline Scenario - 0 views
Maddoff Was A Piker -- America's Big Banks Are a Far Larger Fraudulent Ponzi Scheme - 0 views
The United States: The Largest Ponzi Scheme in the World - 0 views
The Crime of Our Time | The Business of America - 0 views
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"The business of America is big business with a strategic long-term plan for co-opting world governments, waging permanent wars for profit, dominating everywhere militarily, ending social safety net protections, crushing civil liberties and freedom, tolerating no concern for human rights, controlling global markets and resources, turning workers everywhere into serfs, and extracting, unimpeded, as much public wealth as possible."
Think Again: God - By Karen Armstrong | Foreign Policy - 1 views
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An inadequate understanding of God that reduces “him” to an idol in our own image who gives our likes and dislikes sacred sanction is the worst form of spiritual tyranny. Such arrogance has led to atrocities like the Crusades. The rise of secularism in government was meant to check this tendency, but secularism itself has created new demons now inflicting themselves on the world.
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In the West, secularism has been a success, essential to the modern economy and political system, but it was achieved gradually over the course of nearly 300 years, allowing new ideas of governance time to filter down to all levels of society. But in other parts of the world, secularization has occurred far too rapidly and has been resented by large sectors of the population,
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Shiism had for centuries separated religion from politics as a matter of sacred principle, and Khomeini’s insistence that a cleric should become head of state was an extraordinary innovation.
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