Any encroachment on the Fed’s turf is viewed by Wall Street and the mainstream media with alarm. But to people struggling with mounting bills and crumbling infrastructure, the development has promising potential. The portal to the central bank’s stream of riches has been forced open, if just a crack. The trickle could one day become a flow, a mighty river of liquidity powering the engines of productivity of a vibrant economy.
As the New Year gets underway, the highest-paid CEOs of many large corporations have already paid themselves more than the average worker will earn in the entire year! By the end of the first week of January, the highest-paid CEOs had already made as much as their average workers will earn over 8 years.
Inequality gap widens ‘dramatically’ as super-rich get richer. THE WORLD’S 62 wealthiest people own as much as the globe’s poorest half— around 3.6 billion people, Oxfam revealed yesterday. The total riches of the group — just nine of whom are women — has increased to £1.22 trillion since 2010, yet their wealth has not led to higher tax revenues to […]
Thousands fear being forced out as 73 landlord MPs vote down motion to ensure housing is ‘fit for humans’ MULTIMILLIONAIRE PM David Cameron was accused of “social cleansing” yesterday after threatening to bulldoze thousands of working families’ homes without guarantee of replacement and denying millions the right to live somewhere “fit for humans.” In a panicked response to the housing […]
More than 30,000 junior doctors across England have staged a walk-out in a dispute with the government over new contracts. RT spoke to trainee medics in London who fear the crippling changes will “kill” the National Health Service (NHS).
Soon after Columbus launched his business enterprise on the pristine beaches of the New World, each native discovered there above the age of puberty was required to remit a “hawk’s bell’s worth” of gold dust to the Spaniards every two weeks. The hands of all those failing to do so were cut off and strung about their necks – so that they bled to death, thus motivating the compliance of others.
Humanity, on the brink of extinction, is on trial for the consequences of its actions, represented by one man, David Carniste, the defendant facing a jury of non-human animals. Charges also include racism, sexism, homophobia, and the speciesism propelling humanity’s decline. Consumerism is also on trial, and the arms trade. This must watch short film, written and directed by Maxime Ginolin, […]
Unique among the countries on earth, the US government insists that its laws and dictates take precedence over the sovereignty of nations. Washington asserts the power of US courts over foreign nationals and claims extra-territorial jurisdiction of US courts over foreign activities of which Washington or American interest groups disapprove.
If anything happens in the banking sector – Britain will be one of the first to feel its effects and your hard-earned, tax paid savings will be used to save them this time.
There is a very positive news coming out of Paris, a city with more than her share of bad news lately. It’s a major legal victory for the voices of science and reason against the GMO Monsanto-led cabal. Its implications will be felt worldwide.
NGOs like Amnesty end up providing a kind of “idea laundering” for the U.S. government and its allies. Many years ago, that’s how Canadian writer Linda McQuaig described the function of corporate funded think tanks in debates about domestic policy. Not everybody will be happy to believe what the U.S. government or corporate journalists say. It’s useful to have “independent”, and preferably liberal, organizations like Amnesty promote the required assumptions and deceit.
The Washington Post‘s Catherine Rampell devoted a column to a popular Washington pastime: trying to get young people angry at their parents and grandparents so that they are not bothered by the enormous upward redistribution of income taking place in this country.
