As a direct result of sanctions on Russia, there is an overabundance of fruits and vegetables in France, Spain, Poland, and elsewhere in Europe. Basic law of supply and demand dictates prices of…
Tag: tax
Beginning in earnest in the late Seventies, a sustained and pervasive ideological attack was mounted against the role of the State in managing economic affairs. The terms of the attack ranged from ethical…
Wall Street’s big banks and their financial networks that collapsed the U.S. economy in 2008-2009, were saved with huge bailouts by the taxpayers, but these Wall Street Gamblers are still paid huge money and are…
Like ravenous beasts of prey attacking a weakened antelope, the forces of subsidized capital and their mercenaries sunk their fangs into the United Auto Workers (UAW) and its organizing drive at the Volkswagen factory in…
The man who promised to restore hope and bring change to America, has announced a plan to open five corporate plantations in the United States. On Thursday, President Barack Obama, whose policies have resulted in…
Capitalism in Crisis: Who are the REAL “Takers”? Capitalism is in crisis across the globe. When both the President of the United States and the Pope take out after its worst manifestations within days of each other, you know there’s an internal time-bomb inside this dysfunctional economic system. Though the American population clearly feels and is forced to deal with the ramifications of this failing system, it’s highly unlikely that capitalism will be dismantled in favor of full-scale socialism. (Even though recent U.S. polls demonstrate that “socialism” no longer is a boogeyman to be frightened of.) So the question now is which type of economic system do we want to live under: hard line, I’ve-got-mine-Jack-you’re-on-your-own capitalism? “capitalism with a human face”? democratic socialism? a new blend?
St. Petersburg, Russia (CNN) — Russia’s President Vladimir Putin on Friday criticized Western nations for failing to ensure that weapons it plans to supply to Syrian rebels do not fall into the hands of…
Government Sides with the Big Banks Every Time Ellen Brown noted recently that Detroit is yet another example of the government choosing big banks over the American people: The argument for the super-priority of derivative claims [background]…
Cutting Corporate Welfare Queens Off from the Dole Would be the Best Way to Cut the Debt Image by William Banzai In previous installments, we’ve noted that we could more than offset the…
Joseph Keller stands outside the kitchen door of his abandoned house in Columbus, Ohio, Sept. 30, 2012. The Kellers were ordered to vacate five years ago, but the bank never followed through with the foreclosure…