Banks/Banking

Some questions for the moderate left
Are you a Bernie supporter and wondering if you will or can vote for Hillary if he loses the nomination? Or have you already decided that you’re for Hillary – either because she’s a woman or because we have an obligation to do anything we can to keep Trump out? Do you believe that it’s your obligation to vote and you would not be upholding your responsibility as a citizen if you didn’t vote?
Looks like hell is going to be a pretty crowded place

“Print the money” has been called crazy talk, but it may be the only sane solution to a $19 trillion federal debt that has doubled in the last 10 years. The solution of Abraham Lincoln and the American colonists can still work today.

Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.

In May 2014, Senator Elizabeth Warren talked about the Trans-Pacific Partnership (TPP)  agreement.

From what I hear, Wall Street, pharmaceuticals, telecom, big polluters and outsourcers are all salivating at the chance to rig the deal in the upcoming trade talks. So the question is: Why are the trade talks secret? You’ll love this answer. Boy, the things you learn on Capitol Hill. I actually have had supporters of the deal say to me, ‘They have to be secret, because if the American people knew what was actually in them, they would be opposed.’

I became interested in the question of how an organization whose business plan is theft can go bankrupt during the Enron debacle. I was well aware that many companies are forced into bankruptcy so that the executives can loot the pension plan and that this has been an accepted business practice for many decades; out of fashion now that there are no pension plans to loot.

As the 2016 US presidential election approaches, the whole country has once again been transformed into a football stadium, with waves of media frenzy and people cheering for their favorite quarterback. The electoral arena in the US is infested with big money by lobbyists like Big Pharma, Monsanto and the Weapons Industry, to name a few.

Big capital has constantly decreased its contribution to the state – creating a gap in the state’s coffers which is then filled by more and varied taxes on ordinary people – ultimately shrinking the very market big capital needs to sell its increased production of goods.
Tariffs and Taxes

Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.
— Alan Keyes

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.

Rather than fuss, fume, and fester about the Trump phenomenon, we need to analyze the situation that brought us to this sad point in time, including what motivates his many supporters. Most have issues that anger them. They may be only slightly bruised financially by the conditions wrought by a culture hijacked by conservatism, or fed-up with no voice in how this country is run. Others are perplexed by the deteriorating comfort and well being it has brought into our midst.

When it comes to The City of London, the term ‘tax haven’ is not describing all that it should. It doesn’t just shield the mega-wealthy from paying their fair dues it goes further and offers a departure from the rule of law as you would know it. Secrecy is its raison d’être. These secrecy laws do not benefit the local people living in its jurisdiction but only those individuals and corporations with enough money and with something to hide.