How to Break Up the Banks, Stop Massive Bonuses and Rein in Wall Street Greed
Zach Carter, AlterNet: "New York University economist Nouriel Roubini is the author of, most recently, 'Crisis Economics: A Crash Course In The Future Of Finance.' He is considered one of the most prominent and respected economists in the world. When both Wall Street bankers and Bush administration policymakers were insisting that everything was just fine, Roubini was warning about the most dire financial crisis since the Great Depression. In 2007, the financial elite laughed him off, but Roubini was vindicated by the crash of 2008."
https://www.truthout.org/nouriel-roubini-how-break-up-banks-stop-massive-bonuses-and-rein-wall-street-greed59617
Rage Against the Machine
Randall Amster J.D., Ph.D., Truthout: "It's morning in America, and the nativists are getting restless. Often cited amidst the moderate chagrin over rightwing rampaging in recent weeks is the dubious proposition that these factions are openly rebelling against 'business as usual' in US politics. While social movement activities in general are worthwhile, we ought to distinguish between those that actually challenge power and those that are supported by it. In the case of the Tea Party and their ilk, we are witnessing a unique posture whereby people are raging against the system even as they epitomize it."
https://www.truthout.org/rage-agin-machine59581
White Wealth and Black Debt Shot Up in "Growth" Years
Kai Wright, ColorLines: "The wealth gap between Blacks and Whites has grown by fourfold over the course of Generation X's lifetime, exploding to $95,000, a study released today found. And the debt burden among African American families has nearly doubled."
https://www.truthout.org/white-wealth-and-black-debt-shot-up-growth-years59601
Ordinary Workers Would Be Fired in a Second If They Screwed Up Anywhere Nearly as Bad as the Bankers Have
Dean Baker, Alternet: "The world is suffering from the worst downturn since the Great Depression. The crisis has left tens of millions unemployed in the U.S., Europe, and elsewhere. The huge baby boomer generation in the United States, now on the edge of retirement, has seen much of its wealth destroyed with the collapse of the housing bubble."
https://www.truthout.org/ordinary-workers-would-be-fired-a-second-if-they-screwed-up-anywhere-nearly-bad-bankers-have59992
--------
Govt employee tells the truth
https://www.brasschecktv.com/page/848.html
--------
Credit Storm in Europe; Politics on Capital Hill
By Mike Whitney
Wall Street has won this round. The window for real reform has closed, and now it's "business as usual" until the next catastrophe.
https://www.informationclearinghouse.info/article25553.htm
The Cult of Subprime Central Bankers
By Dean Baker
People don't need economists to tell them that times are bad. However, what the public may not recognize is that the same people who caused this disaster are still calling the shots.
https://www.informationclearinghouse.info/article25554.htm
Cooking The Books?
Banks Trim Debt, Obscuring Risks
By MICHAEL RAPOPORT And TOM MCGINTY
The practice, known as end-of-quarter "window dressing" on Wall Street, suggests that the banks are carrying more risk most of the time than their investors or customers can easily see.
https://www.informationclearinghouse.info/article25555.htm
US money supply plunges at 1930s pace as Obama eyes fresh stimulus
The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history.
https://tinyurl.com/36ttfj3
The War is Making You Poor
Next year's budget allocates $159,000,000,000 to "contingency operations," to perpetuate the occupations of Afghanistan and Iraq. That's enough money to eliminate federal income taxes for the first $35,000 of every American's income each year, and beyond that, leave over $15 billion that would cut the deficit.
https://salsa.mydccc.org/o/30019/p/dia/action/public/?action_KEY=34
Both parties packing pork into war-funding bill
The bill has grown into a nearly $200 billion grab bag of unfinished business that includes $1 billion for summer-jobs programs, $1.5 billion in aid to farmers who had crops damaged and $4.6 billion to settle two long-running lawsuits against the government, one by black farmers claiming discrimination and one by American Indians over the government's management of their land.
https://seattletimes.nwsource.com/html/nationworld/2011952818_warcost26.html
From Information Clearing House
https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=bipartisan
https://freepage.twoday.net/search?q=war+funding
https://freepage.twoday.net/search?q=deficit
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=financial+crisis
https://freepage.twoday.net/search?q=Great+Depression
https://freepage.twoday.net/search?q=financial+reform
https://freepage.twoday.net/search?q=financial+elite
https://freepage.twoday.net/search?q=Wall+Street
https://freepage.twoday.net/search?q=Big+Banks
https://freepage.twoday.net/search?q=bonus
https://freepage.twoday.net/search?q=greed
https://freepage.twoday.net/search?q=money+supply
https://freepage.twoday.net/search?q=contingency+operation
https://freepage.twoday.net/topics/Iraq+War+-+Irak+Krieg/
https://freepage.twoday.net/topics/Afghanistan/
https://freepage.twoday.net/search?q=taxpayer
https://freepage.twoday.net/search?q=Nouriel+Roubini
https://freepage.twoday.net/search?q=Tea+Party
https://freepage.twoday.net/search?q=African+American
https://freepage.twoday.net/search?q=housing
https://freepage.twoday.net/search?q=bubble
https://freepage.twoday.net/search?q=unemploy
https://freepage.twoday.net/search?q=retirement
https://freepage.twoday.net/search?q=Zach+Carter
https://freepage.twoday.net/search?q=Randall+Amster
https://freepage.twoday.net/search?q=Kai+Wright
https://freepage.twoday.net/search?q=Mike+Whitney
https://freepage.twoday.net/search?q=Dean+Baker
https://freepage.twoday.net/search?q=MICHAEL+RAPOPORT
https://freepage.twoday.net/search?q=TOM+MCGINTY
https://www.truthout.org/nouriel-roubini-how-break-up-banks-stop-massive-bonuses-and-rein-wall-street-greed59617
Rage Against the Machine
Randall Amster J.D., Ph.D., Truthout: "It's morning in America, and the nativists are getting restless. Often cited amidst the moderate chagrin over rightwing rampaging in recent weeks is the dubious proposition that these factions are openly rebelling against 'business as usual' in US politics. While social movement activities in general are worthwhile, we ought to distinguish between those that actually challenge power and those that are supported by it. In the case of the Tea Party and their ilk, we are witnessing a unique posture whereby people are raging against the system even as they epitomize it."
https://www.truthout.org/rage-agin-machine59581
White Wealth and Black Debt Shot Up in "Growth" Years
Kai Wright, ColorLines: "The wealth gap between Blacks and Whites has grown by fourfold over the course of Generation X's lifetime, exploding to $95,000, a study released today found. And the debt burden among African American families has nearly doubled."
https://www.truthout.org/white-wealth-and-black-debt-shot-up-growth-years59601
Ordinary Workers Would Be Fired in a Second If They Screwed Up Anywhere Nearly as Bad as the Bankers Have
Dean Baker, Alternet: "The world is suffering from the worst downturn since the Great Depression. The crisis has left tens of millions unemployed in the U.S., Europe, and elsewhere. The huge baby boomer generation in the United States, now on the edge of retirement, has seen much of its wealth destroyed with the collapse of the housing bubble."
https://www.truthout.org/ordinary-workers-would-be-fired-a-second-if-they-screwed-up-anywhere-nearly-bad-bankers-have59992
--------
Govt employee tells the truth
https://www.brasschecktv.com/page/848.html
--------
Credit Storm in Europe; Politics on Capital Hill
By Mike Whitney
Wall Street has won this round. The window for real reform has closed, and now it's "business as usual" until the next catastrophe.
https://www.informationclearinghouse.info/article25553.htm
The Cult of Subprime Central Bankers
By Dean Baker
People don't need economists to tell them that times are bad. However, what the public may not recognize is that the same people who caused this disaster are still calling the shots.
https://www.informationclearinghouse.info/article25554.htm
Cooking The Books?
Banks Trim Debt, Obscuring Risks
By MICHAEL RAPOPORT And TOM MCGINTY
The practice, known as end-of-quarter "window dressing" on Wall Street, suggests that the banks are carrying more risk most of the time than their investors or customers can easily see.
https://www.informationclearinghouse.info/article25555.htm
US money supply plunges at 1930s pace as Obama eyes fresh stimulus
The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history.
https://tinyurl.com/36ttfj3
The War is Making You Poor
Next year's budget allocates $159,000,000,000 to "contingency operations," to perpetuate the occupations of Afghanistan and Iraq. That's enough money to eliminate federal income taxes for the first $35,000 of every American's income each year, and beyond that, leave over $15 billion that would cut the deficit.
https://salsa.mydccc.org/o/30019/p/dia/action/public/?action_KEY=34
Both parties packing pork into war-funding bill
The bill has grown into a nearly $200 billion grab bag of unfinished business that includes $1 billion for summer-jobs programs, $1.5 billion in aid to farmers who had crops damaged and $4.6 billion to settle two long-running lawsuits against the government, one by black farmers claiming discrimination and one by American Indians over the government's management of their land.
https://seattletimes.nwsource.com/html/nationworld/2011952818_warcost26.html
From Information Clearing House
https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=bipartisan
https://freepage.twoday.net/search?q=war+funding
https://freepage.twoday.net/search?q=deficit
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=financial+crisis
https://freepage.twoday.net/search?q=Great+Depression
https://freepage.twoday.net/search?q=financial+reform
https://freepage.twoday.net/search?q=financial+elite
https://freepage.twoday.net/search?q=Wall+Street
https://freepage.twoday.net/search?q=Big+Banks
https://freepage.twoday.net/search?q=bonus
https://freepage.twoday.net/search?q=greed
https://freepage.twoday.net/search?q=money+supply
https://freepage.twoday.net/search?q=contingency+operation
https://freepage.twoday.net/topics/Iraq+War+-+Irak+Krieg/
https://freepage.twoday.net/topics/Afghanistan/
https://freepage.twoday.net/search?q=taxpayer
https://freepage.twoday.net/search?q=Nouriel+Roubini
https://freepage.twoday.net/search?q=Tea+Party
https://freepage.twoday.net/search?q=African+American
https://freepage.twoday.net/search?q=housing
https://freepage.twoday.net/search?q=bubble
https://freepage.twoday.net/search?q=unemploy
https://freepage.twoday.net/search?q=retirement
https://freepage.twoday.net/search?q=Zach+Carter
https://freepage.twoday.net/search?q=Randall+Amster
https://freepage.twoday.net/search?q=Kai+Wright
https://freepage.twoday.net/search?q=Mike+Whitney
https://freepage.twoday.net/search?q=Dean+Baker
https://freepage.twoday.net/search?q=MICHAEL+RAPOPORT
https://freepage.twoday.net/search?q=TOM+MCGINTY
rudkla - 19. Mai, 10:03
