The Banksters Are Now Setting Up the Crash of 2016

The Daily Take, The Thom Hartmann Program truthout http://www.truth-out.org/opinion/item/20378-the-banksters-are-now-setting-up-the-crash-of-2016 As the great Yogi Berra once said, “it’s déjà vu all over again.” Right now, millions of Americans are still struggling to recover from the 2008 financial collapse. That collapse was fueled by the housing crisis, when Wall Street banksters were...

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Holiday Shopping Goes Local, Independent

Jeff Milchen Common Dreams http://www.commondreams.org/view/2013/11/26-6 For those suffering from too much quality time with their families, the chain stores are poised to offer an escape by opening Thanksgiving Day. Before your dinner is digested, you can flee the table to vie for pole position at the big box entrance like...

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The 10 Giant Corporations That Have Taken Over Much of Our Economy

Thom Hartmann AlterNet http://www.alternet.org/10-giant-corporations-have-taken-over-much-our-economy There isn’t much diversity in America’s economic web of life. An image that was first posted on Reddit last year, and was recently grabbed by the folks over at PolicyMic, shows just how out-of-control corporate America has become in the years since Ronald Reagan stopped enforcing the...

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Sorry, Venezuela Haters: This Economy Is Not the Greece of Latin America

Mark Weisbrot The Guardian http://www.theguardian.com/commentisfree/2013/nov/07/venezuela-not-greece-latin-america-oil-poverty Predicting a Venezuelan apocalypse won’t make it happen: in this oil-rich country the only thing imploding is poverty For more than a decade people opposed to the government of Venezuela have argued that its economy would implode. Like communists in the 1930s rooting for the...

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The Man Who Won a Nobel Prize for Helping Create a Global Financial Crisis

James Crotty Dollars & Sense http://www.dollarsandsense.org/archives/2013/1013crotty.html Eugene Fama just received a Nobel Prize for his contributions to the theory of “efficient financial markets,” the dominant theory in financial economics that asserts that markets work ideally if not constrained by government regulation. The fact that economic “science” teaches that unregulated financial...

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How Economic Growth Has Become Anti-Life

Vandana Shiva The Guardian/UK http://www.theguardian.com/commentisfree/2013/nov/01/how-economic-growth-has-become-anti-life Limitless growth is the fantasy of economists, businesses and politicians. It is seen as a measure of progress. As a result, gross domestic product (GDP), which is supposed to measure the wealth of nations, has emerged as both the most powerful number and dominant concept in...

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America Was Once a Superpower – Now It’s Not

The Thom Hartmann Program The Daily Take http://www.truth-out.org/author/itemlist/user/48233 George Washington would be rolling over in his grave if he knew what President Obama was up to. Right now, the president is preparing push through what has the potential to be the largest trade deal in human history: the Trans-Pacific Partnership,...

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First, Admit the Problem

The Democrats have been too fearful of confronting our country’s three-year obsession with the wrong problem, while the tea party has made the wrong problem the center of policymaking.

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