financial crisis

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.

Some 98 percent of junior doctors voted in favour of a strike and 99 percent in favour of action just short of a full strike. Over two-thirds of the workforce (37,700 junior doctors) were balloted and 76 percent of these participated in the ballot.
The post Junior doctors vote to strike appeared first on BSNEWS.

Today’s central bankers are proposing to tax existing money, diminishing spending power without first building it up. And the interest will go to private bankers, not to the local government.
The post Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in appeared first on BSNEWS.

Hundreds of suicides and thousands of prescriptions for anti-depressants are directly linked to the government’s “fit -for-work” assessments, a study by Oxford and Liverpool universities showed yesterday.
In total, it showed that the Tories’ work capability assessment policy could be associated with 590 suicides, 279,000 mental ill-health cases and 725,000 prescriptions for anti-depressants across England between 2010 and 2013.

Third Goldman Sachs alumni's appointment to the Federal Reserve this year furthers its control over the US economy.
The post Government Sachs appeared first on The Anti-Media.

Joseph Stiglitz, a senior OECD expert, slams OECD’s own policies to prevent global slowdown. In a little-known speech at the United Nations University, renowned Nobel Prize-winning economist Joseph Stiglitz criticised Western approaches to addressing the global economic crisis for being obsessed with market solutions that cannot work. His remarks were made just two months before the Organisation for Economic Cooperation […]

The systematic redistribution of wealth from the poorest to the richest which began under Thatcher, continued under Blair and currently is increasing at a pace under Cameron, is emblematic of the relationship between welfare state retrenchment and the notion of the role of the state as facilitator of welfare handouts to the corporate sector. Farm subsidies, public sector asset stripping, […]
The post ‘No one is left to speak for me.’ appeared first on BSNEWS.

The report by homelessness charity Shelter found the number of children who will be homeless on Christmas morning has risen by more than 15,000 on last year. This is equivalent to four youngsters in every UK school.
It also found the number of children living in temporary accommodation is at the highest level since 2008, and is predicted to hit 105,251 by the end of 2015.

The report by homelessness charity Shelter found the number of children who will be homeless on Christmas morning has risen by more than 15,000 on last year. This is equivalent to four youngsters in every UK school.
The post 100,000 British children will be homeless this Christmas appeared first on BSNEWS.

The scarcity of jobs and the low pay are direct consequences of jobs offshoring. Under pressure from “shareholder advocates” (Wall Street) and large retailers, US manufacturing companies moved their manufacturing abroad to countries where the rock bottom price of labor results in a rise in corporate profits, executive “performance bonuses,” and stock prices.