By featuring some perspectives whilst excluding others, UK media has played a crucial role in the legitimisation of austerity policies.
The media cannot tell people what to think in a simple manner. However by featuring some perspectives whilst excluding others it plays a crucial role in the legitimisation of policy and the exercise of power.
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People generally assume that if they pay their bills on time, they aren’t paying compound interest; but again, this isn’t true. Compound interest is baked into the formula for most mortgages, which compose 80% of U.S. loans. And if credit cards aren’t paid within the one-month grace period, interest charges are compounded daily.
The post It’s the Interest, Stupid! Why Bankers Rule the World appeared first on BSNEWS.
WASHINGTON, D.C—The sustained, daily civil disobedience at the Capitol by demonstrators denouncing the capture of our political system by corporate money is part of one of the largest and most important movements for social justice since the Occupy uprising. Join it. Six hundred of the protesters have been arrested, and I was among 100 arrested Friday. The protesters, organized by […]
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“A tax haven in the middle of a dense network of havens created for the super rich to avoid the taxes the rest of us must pay.”
The post While You Pay Taxes, the Rich Hide Their Money In This City To Avoid Paying Theirs appeared first on The Anti-Media.
Whatever the ideas you have about what your politics are, you are captured by bourgeois interests that keep your actual interests in maintaining the status quo–more so for housing than for student debt, I’d say. So, yeah, debt is the price you have to pay to be in the middle class. It’s also the price you pay to be invested in a system you don’t want.
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The fight that the government has picked with junior doctors is just part of the present attack on the NHS and its staff. Cameron and Hunt are using the vague promise of ‘a truly 7 day NHS’ to impose a contract on junior doctors, in the hope and expectation that if they win they will roll out these changes to other NHS staff. They think the public’s interest and support will wane but we must not let this happen.
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This year the Dutch government intend to introduce a universal basic income (UBI) paid to the residents of Utrecht and 19 other Dutch municipalities. Each person will receive the equivalent of about £150 a week whether working or not. The unemployed won’t be penalized for finding work because they will receive their employment income in addition to the universal income payment.
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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.
The post Big Crony CEO Pay Grab–Effects Beyond Greed! appeared first on BSNEWS.
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.
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