“Two thousand years later … the memory of the revolutionary zealot who walked across Galilee gathering an army of disciples with the goal of establishing the Kingdom of God on earth, the magnetic preacher who defied the authority of the Temple priesthood in Jerusalem, the radical Jewish nationalist who challenged the Roman occupation and lost, has been almost completely lost to history.”
For some inexplicable reason, the hard-earned money you deposit in the bank is not considered “security” or “collateral.” It is just a loan to the bank, and you must stand in line along with the other creditors in hopes of getting it back. State and local governments must also stand in line, although their deposits are considered “secured,” since they remain junior to the derivative claims with “super-priority.”
In the abstract, capitalism and slavery are fundamentally counterposed systems. One is based on free labor, and the other, on forced labor. However, in practice, Capitalism itself would have been impossible without slavery.
In the United States, scholars have demonstrated that profit wasn’t made just from Southerners selling the cotton that slaves picked or the cane they cut. Slavery was central to the establishment of the industries that today dominate the U.S. economy: real estate, insurance and finance.
British state pensions are among the lowest in the world, paying out a mere 38 percent of what the recipient earned when working, according to the Organisation for Development and Cooperation (OECD).
The OECD report, Pensions at a Glance, makes a comparative study of pensions in 34 countries. Only in Chile and Mexico was the replacement income as a proportion of average earnings lower than in the UK. The figure of 38 percent compares with 90 percent in the Netherlands and 80 percent in Spain and Italy.
Currently, barely any political organisations feature in the list of witnesses to the inquiry. This is especially peculiar, given that the focus of the inquiry is the Special Demonstration Squad (SDS) which was specifically created as part of high-level political operations against the left. The SDS was established in 1968 under Labour Prime Minister Harold Wilson at a time of revolutionary convulsions and rising class struggle in Britain and throughout Europe. It is known to have been provided by the Home Office with a “separate and secret budget” for its operations.
By Michael Albert When failures occur, progress requires taking responsibility for what one could have done differently and then making changes. After all, going forward, one can change what one does – but one cannot magically cause others, with opposite agendas, to change what they do. Nonetheless, instead of assessing ourselves to find where we can make changes too often […]
The post Venezuela, France, U.S.: Responsibility Is Ours appeared first on BSNEWS.
Did you know many African countries continue to pay colonial tax to France since their independence till today!
France is severely addicted to looting and exploitation of Africa since the time of slavery. Then there is this complete lack of creativity and imagination of French elite to think beyond the past and tradition.
The post France Forces Africa to Pay for Colonialism appeared first on BSNEWS.
Children growing up in consumerist, Western societies are brought up in a culture of cheap conveniences that appease their appetites and starve their cells of living nutrition. Practically every holiday in America is celebrated in the same way: in reverence of candy and junk food.
The British government says it will boost anti-terrorism spending by 30 percent, including buying new stealth fighter jets. The announcement comes on the eve of expected massive spending cuts that could decimate public services.
The post UK to splurge 30% more on anti-terror budget, buy F-35s – amid brutal social spending cuts appeared first on BSNEWS.
When a profession fails to deliver, people inevitably suffer. When that profession happens to be the study and practice of economics, the entire world suffers. The deluge of social and environmental problems brought on by humanity's endeavours to be 'economic' suggest that the economics profession is not just failing - its advice is proving mind-bogglingly destructive.
The post Significance of Monetary Reform appeared first on BSNEWS.
