Historically, easy money and cheap credit have never produced good results. One would think that the 2008 credit crisis, whose effects have not quite withered away, would teach politicians, bankers, and consumers something about the causes of meltdowns. Think again.
Threw this together in a couple minutes. Yes, I know the sound is a bit janky, but I didn’t want to re do it and it came out decent for total improv.
Purchase my book here.
May 15th-19th has been designated “National Infrastructure Week” by the US Chambers of Commerce, the American Society of Civil Engineers (ASCE), and over 150 affiliates. Their message: “It’s time to rebuild.” Ever since ASCE began issuing its “National Infrastructure Report Card” in 1998, the nation has gotten a dismal grade of D or D+. In the meantime, the estimated cost of fixing its infrastructure has gone up from $1.3 trillion to $4.6 trillion.
The current financial system cannot provide sufficient funds now to reduce unemployment or to alleviate the suffering of the 800 million across the world who are in poverty, close to starvation. The only remedy is for governments to provide debt free money without charging interest. This will not be easy. Governments will want to provide infrastructure. Roads, Transport, Hospitals, Schools[Read More...]
Out of necessity, organized resistance to the Trump administration’s authoritarian and hyper-violent policy agenda is growing rapidly, both domestically and internationally. Within this context, it is important for those of us who engage in individual and collective acts of resistance – based on our varying proximities to power structures – to consider what and how we resist by taking into account larger structural considerations.
A Brief History of Resistance in the United States
Note that the title begins with an indefinite article for there are many roots of evil, but the one most invasive and destructive is America’s corpocracy. It is the mother root with two branches that are slowly snuffing out America and the world with it. Those two branches are corporate America and government America. This essay is about the first, corporate America, and specifically, evil corporate leadership, defined here as profoundly immoral, socially irresponsible, and harmfully consequential behavior.
Dans la série Essayons de comprendre la folie de ceux qui nous dirigent, cette interview de George Soros semble tout à fait éclairante. Je tire mon chapeau au journaliste qui a mené l’interview, il a su à la fois établir une relation de confiance propice à la confidence, et en même temps il a réussi à amener George Soros à s’exprimer sur les paradoxes essentiels de son comportement de prédateur financier.
Finland becomes the first European country to pilot a basic income scheme. Could unconditional monthly payments curb mass unemployment and create more equal societies?
The post Finland launches basic income scheme appeared first on Positive News.
The secret of great fortunes without apparent cause is a crime forgotten, for it was properly done.
— Honoré de Balzac, Le Père Goriot, 1835
