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We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
Submitted by sarahadams on
This last installment in a series looks at what the IMC has done, ahead of this weekend's conference, to maintain power among the world's most influential bodies controlling economic, financial and monetary affairs.
Top financiers at the International Monetary Conference engineered so-called "aid packages" for crisis-hit developing nations that were, much like today, nothing more than bailouts for the big banks.
Two years before the 1982 debt crisis erupted, the world’s top bankers met secretly in New Orleans and warned that a “safety net” may be needed to bail out the major banks which lent money to the developing world.
This four-part Global Power Project series takes on the secretive meeting of global financiers happening in June at the International Monetary Conference in Munich.
"I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that," wrote Lawrence Summers while serving as Chief Economist at the World Bank. He is now in the G30.
From Jean-Claude Trichet and Mario Draghi to Jaime Caruana and Kenneth Rogoff, proponents of austerity politics run in some of the world's elite circles where they have pushed illogical and unsuccessful economics to its inevitable conclusion.
What makes the G30 so important is not only that they are taken seriously by policymakers and market "participants" – but that the very individuals making the recommendations are in positions of power to directly implement or support those recommendations.
Emerging from the Rockefeller Foundation in the late 1970s, the Group of Thirty was designed as a think tank, lobby/industry group and, ultimately, a consensus-building institution for the global elites – to ensure that they stayed that way.
Institutional and imperial power structures have never been more globalized or concentrated in human history; yet, simultaneously, never have they been under more threat from an awakened humanity. Zbigniew Brzezinski says there's no going back.
The relationship between the powerfully connected Institute of International Finance and global central bankers goes well beyond the timid attempts at “regulation” on the part of global banks, as this third segment in the IFF series reveals.
We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
The way the urban commons create a space to solve material problems and enable social movements to forge city-wide networks are antidotes to people being attracted towards the far-right.
Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.
We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
The way the urban commons create a space to solve material problems and enable social movements to forge city-wide networks are antidotes to people being attracted towards the far-right.
Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
If the Democrats’ theme of 2017 was Resistance, the theme for Democrats in 2025 needs to instead be Opposition — and these two GOP senators may be the models to emulate.
This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.
If the Democrats’ theme of 2017 was Resistance, the theme for Democrats in 2025 needs to instead be Opposition — and these two GOP senators may be the models to emulate.
Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.