The escalating protests in Brazil are symptomatic of the wealth disparities between the ruling class and the masses. More than just food baskets, Brazilian people demand social justice and are up in arms over the lavish spending on the 2014 football World Cup.
The post Brazil: Workers Struggle Trumps Sports Spectacle appeared first on BSNEWS.
Statements of the bleeding obvious, the outcomes of basic arithmetic, are treated as exotic and unpardonable distractions, while the impossible proposition by which we live is regarded as so sane and normal and unremarkable that it isn’t worthy of mention. That’s how you measure the depth of this problem: by our inability even to discuss it.
The post The Impossibility of Growth appeared first on BSNEWS.
Joseph Meyer, author of the Straight Money Analysis newsletter and 40+ years of Wall Street experience, was on the Josh Tolley Show on May 28, 2014. The interview starts 14 minutes in to the audio. When asked about what he writes about he said that he doesn’t write things to make you feel good, he […]
Only when Mark Carney, Christine Lagarde and Prince Charles start talking about the abolition of privately created debt-based money should we even begin to take them seriously. Of course such an affront to the obscenely wealthy would have seen even Prince Charles ejected from the Mansion House soiree.
The post “The dogs bark, but the caravan passes on.” appeared first on BSNEWS.
When a sexually assaulted American citizen can be falsely arrested for assaulting a police officer, brought to trial by a corrupt prosecutor whose false case is endorsed by a corrupt judge and convicted by an insouciant jury, you know that justice is dead in America.
The past century has seen a counter-revolution against the Enlightenment, classical economics and its culmination in socialist hopes to steer industrial capitalism to evolve into democratic socialism. What is occurring today is a self-destructive financial dynamic of impoverishment, dependency and breakdown in many ways like what happened when Rome’s creditor oligarchy plunged the Empire into the Dark Age two thousand years ago.
Mujica has refused to live at the Presidential Palace or have a motorcade. He lives in a one-bedroom house on his wife's farm and drives a 1987 Volkswagen. "There have been years when I would have been happy just to have a mattress," said Mujica, referring to his time in prison. He donates over 90 percent of his $12,000/month salary to charity so he makes the same as the average citizen in Uruguay. When called "the poorest president in the world," Mujica says he is not poor. "A poor person is not someone who has little but one who needs infinitely more, and more and more.
As impelled as the Fed is to protect the large banks that sit on the board of directors of the NY Fed, the Fed has to protect the dollar. That the Fed believed that it could not buy the bonds outright but needed to disguise its purchase by laundering it through Belgium suggests that the Fed is concerned that the world is losing confidence in the dollar.
The post The Fed Is The Great Deceiver appeared first on BSNEWS.
According to the Prime news agency, on April 24th the government organized a special meeting dedicated to finding a solution for getting rid of the US dollar in Russian export operations. Top level experts from the energy sector, banks and governmental agencies were summoned and a number of measures were proposed as a response for American sanctions against Russia.
Fast food employees are set to stage a global strike demanding for better salary and conditions. The protest is to take place across five continents: in 150 US cities and 32 other countries, including Germany, Belgium, Japan, Brazil and New Zealand.
The strike is planned for May 15, and will involve the workers of McDonalds, Burger King, Wendy’s and KFC.
