Economy

Manchester’s biggest march – 50,000 rally to save the NHS

“In the last three months alone 21,000 NHS employees have lost their jobs, and those nurses, doctors and other health professionals that remain feel that no-one is listening to them and that they are being asked to achieve more with less. As a result morale is at rock bottom.

“This is no way to run our most important, most cherished national institution. Those who sacrificed so much during World War Two to build a better future for themselves and their families didn’t want this.

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The Sparks of Rebellion

Artists, like rebels, are dangerous. They speak a truth that totalitarian systems do not want spoken. “Red Rosa now has vanished too. …” Bertolt Brecht wrote after Luxemburg was murdered. “She told the poor what life is about, And so the rich have rubbed her out.” Without artists such as musician Ry Cooder and playwrights Howard Brenton and Tarell Alvin McCraney we will not succeed. If we are to face what lies ahead, we will not only have to organize and feed ourselves, we will have to begin to feel deeply, to face unpleasant truths, to recover empathy and to live passionately. Then we can fight.

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American Workers: Hanging on by the Skin of Their Teeth

After five years of Obama’s economic recovery, the American people are as gloomy as ever. According to a Bloomberg National Poll that was released this week, fewer people “are optimistic about the job market” or “the housing market” or “anticipate improvement in the economy’s strength over the next year.”

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Seamless path from BBC to JP Morgan

In a revealing press release, Flanders said: “In many ways, I will be doing the same thing at J.P. Morgan Asset Management that I have been doing at the BBC…”

Yes, of that there can be little doubt. In fact, Flanders has been doing “the same thing” for most of her career, it seems. Before she joined the BBC, and before that the New York Times, she was “a speech writer and senior advisor to US Treasury Secretaries Robert Rubin and Lawrence Summers during the Clinton Administration”. That is, the banking criminals who contributed in significant measure to the destruction of western economies and the transfer of ordinary Americans’ wealth to the economic elite who really run the US.

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Crushing the Middle Class

47 million people are scraping by on food stamps, labor’s share of productivity gains have never been smaller, median household income has plummeted by 7.3 percent since the end of the recession, (Sentier Research), and 46.5 million Americans now live in poverty. (US Census Bureau). Inequality– which is already at levels not seen since the Gilded Age–continues to widen at an accelerating pace while the battered and rudderless economy drifts from one crisis to another.

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What We Could Do with a Postal Savings Bank: Infrastructure that Doesn’t Cost Taxpayers a Dime

The post office has been made to look inefficient and obsolete, as if public enterprises are incapable of generating public revenues; yet the postal service has been both self-funding and profitable for over two centuries. If we refuse to allow our government to make money through public enterprises, we will be destined to bear the burden of supporting government with our taxes, while we watch countries such as China, Korea and Japan, which do allow public industries, enjoy the fruits of that profitable and efficient arrangement.

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QE Is A Farce – Bernanke’s Head Fake Sends Stocks Soaring

In the case of QE, we can see now that Bernanke forged ahead without developing a coherent exit strategy. That’s a big no-no; you never want to paint yourself into a corner especially when trillions of dollars and the stability of the financial system are at stake. But that’s where Bernanke finds himself today four years after embarking on a policy path that has boosted corporate profits to all-time highs, widened income inequality to levels not seen since the Gilded Age, and pushed Dow Jones Industrial Average up by 146% since its March 2009 low.

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Someone Has to Pay – Will it Be You?

Regulators are laying the operational groundwork for a new type of banker bailout deemed politically acceptable. The last time around, they went straight to the taxpayers. The next time around, they are going straight to the depositors.
In numerous countries there is now much evidence that depositors are re-evaluating their trust in their respective financial systems and voting with their wire transfers. This is entirely understandable.

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Globalists Target 100% State Owned Central Bank of Libya

BSN Editor Note: In case you were wondering about the recent saber rattling and media hype for attacking Syria with Tomahawk cruise missiles, remember the real reason the west attacked Libya in 2011. The 144 tons of gold belonging to the people of Libya is currently sitting in a bank vault in the city of London – will this ever be returned we ask rhetorically?

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Despite all our rage, we are still just debt slaves in a mental cage

The famed 99 percent meme that the movement blazed into mainstream consciousness still lives on in the mass mind, like a festering infected thorn in the side of Goliath. As that mysterious and mystical being once said, “You can’t kill an idea.” As for the movement, it is presently a chasm of unfulfilled potential, temporarily infiltrated and infested with saboteurs, tamed by the forces of centralization and co-option, fractured by factionalism and ego-driven agendas. Yet, it still glimmers on the periphery, just over the horizon. Beneath the calm surface, there is a vast ecosystem of latent energy ready to erupt once again.

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