Submitted by sarahadams on
The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.
Submitted by sarahadams on
A new community currency called Bangla-Pesa, which was started in one of Kenya's poorest slums to help reduce poverty, has run up against fierce government resistance.
The Massachusetts senator's bill has been dismissed as “shameless populist demagoguery” and “a cheap political gimmick,” but could Warren’s outside-the-box bill be a game-changer that actually turns the economy around?
The deposits of U.S. pension funds are well over the insured limit of $250,000. They will get raided just as the pension funds did in Cyprus, and so will the insurance companies. Who else?
Derivatives have “super-priority” status in bankruptcy, and Dodd Frank precludes further taxpayer bailouts. In a big derivatives bust, there may be no collateral left for the creditors who are next in line.
The push to confiscate the savings of hard-working Cypriot citizens is a shot across the bow for every working person in the world.
Quantitative easing doesn't actually increase the circulating money supply, it merely cleans up the toxic balance sheets of banks.
A stunning 35% to 40% of everything we buy goes toward interest.
The Fed's third round of quantitative easing, QE3, won't likely reduce unemployment - the banks will make out like bandits as they have before. Only if the banking system is under the control of the people can it be expected to serve the people.
Titanic banks have hit the LIBOR iceberg. The charges of racketeering, antitrust violations, wire fraud, bid-rigging and price-fixing are adding up. Will lawsuits sink the ship?
There is another way to do banking: rather than feeding off the community, banking can feed the community and the local economy. These George Bailey-style banks, now on the rise, base their decisions first and foremost on the needs of people and the environment.
The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.
Kevin fought to bring truth every day. We must not lose this struggle.
To win the climate argument, advocates must show how Covid-19 bailout funds could be redirected – instead of making similar mistakes as the 2008 financial crisis.
The most analogous failure to the impending economic turbulence is the financial crisis of 2008, caused, primarily, by the deregulation of the financial industry.
Activists are continuing the fight but are exhausted, balancing careers and a movement, that, to most, has become a personal battle.
The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.
Kevin fought to bring truth every day. We must not lose this struggle.
He wrote about crushing debt, pointless jobs and the negative effects of globalization. And he played a leading role in the Occupy Wall Street movement.
To win the climate argument, advocates must show how Covid-19 bailout funds could be redirected – instead of making similar mistakes as the 2008 financial crisis.
The most analogous failure to the impending economic turbulence is the financial crisis of 2008, caused, primarily, by the deregulation of the financial industry.
The world has lost an incredible thinker and doer. I have lost an amazing friend. A void exists where before it was filled with David's optimism, humour and joy.
He wrote about crushing debt, pointless jobs and the negative effects of globalization. And he played a leading role in the Occupy Wall Street movement.
Kevin fought to bring truth every day. We must not lose this struggle.