TISA: Fast-tracking Neo Feudalism And Financializing Life Itself With Debt Money

  Fast-track Hands the Money Monopoly to Private Banks — Permanently By Ellen Brown, http://ellenbrown.com/2015/06/11/fast-tracking-tisa-stealth-block-to-monetary-reform/ It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. — Attributed to Henry Ford In March 2014, the Bank […]

What’s The EU’s Endgame?

Judging by the image of a lighthouse embedded in this video, the view expressed is supported by UKIP. Not exactly the outfit whose own long term visions of a socio-political economy I would support. That however should not detract from Vladimir Bukovsky’s assessment of what is currently transpiring. This, IMO, holds true for both UKIP […]

Will the Peasants Go Medieval On Bankers?

  Will We Have to Wait for a 21st Century Peasants’ Revolt Before Seeing Any Real Change?  By WashingtonsBlog, August 24 2012 Source: Washington’s Blog Will the Peasants Go Medieval On Bankers? While everyone from Tony Blair to Nouriel Roubini is debating whether or not bankers should be hung, the Wall Street Journal and Bloomberg provide some […]

Noam Chomsky: Short History of the US Economy in Decline

Plutonomy and the Precariat On the History of the U.S. Economy in Decline  By Noam Chomsky The Occupy movement has been an extremely exciting development. Unprecedented, in fact. There’s never been anything like it that I can think of.  If the bonds and associations it has established can be sustained through a long, dark period ahead […]

Debt, Slavery and our Idea of Freedom (Part 1)

by David Graeber, Jamie Stern-Weiner David Graeber is a Reader of Anthropology at Goldsmith’s, London, and a left-wing political activist. His most recent book, Debt: The First 5000 Years, has just been published in the UK. It looks at the evolution of debt as both a moral and an economic concept, drawing on anthropological evidence from a […]

Richard Wolff: Burning Down the House of Illusions as Capitalism Hits the Fan

  We ought to be gravely concerned about the deteriorating conditions and circumstances of our existence, be it personal relations, financial security, ecology, family, stress, quality of life, or the acceptance of war as an economic engine, which itself is the moral equivalent of Auschwitz, except that we have come to accept it as norm […]

Congress Wants Wage Peonage To Pay Down The Debt

Boiling Frog Alert: Congress Wants Automatic Wage Deductions To Pay Down The Debt by SIMON BLACK July 8, 2011, Sofia, Bulgaria. Folks… you just can’t make this stuff up.   On July 6th, just two days ago, at least a dozen busybody Congressmen sponsored the introduction of HR 2411, the “Reduce America’s Debt Now Act of […]

US Budget Talks: $1 Trillion In Cuts, Screw Jobs, Screw Democracy

  US budget talks target $1 trillion in cuts By Patrick Martin  26 May 2011   US Vice President Joseph Biden said Tuesday night that bipartisan talks between the Obama administration and congressional leaders had identified more than $1 trillion in possible spending cuts, about half the total demanded by Republicans as the price of […]

Read And Get Pissed: Obama on Corporate Taxes – “Whatever GE wants”

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"Individuals pay a total of 14% of GDP. Corporations pay only 2%. Only Jeff Immelt would think that's fair." Well, let's not forget about the man who hired Jeffro.     Obama on Corporate Taxes – “Whatever GE wants” Submitted by Bruce Krasting on 05/15/2011   Jeff Immelt, the boss at GE and the President's Best Executive Friend Ever ("BEFE") […]

America’s Left Blogosphere is a Nonexistent Species

The American left is being informed at sites like Common Dreams, and Democratic Underground that in Canada’s recent elections the Liberal Democrats were trounced, the ‘socialist’ New Democrat(ic) Party gained unprecedented number of seats, and while Prime Minister Stephen Harper’s Conservative Party retained its hold on power in Ottawa, ‘socialism’ in Canada was ascendant. Take […]

Michael Hudson on FIRE Sector’s Intent To Monopolize Rent Extraction

I hate the FIRE acronym for disguising and distancing the culprits. The word sector, while correctly describing the structure of the beast, depersonalizes the relationship by removing the more immediately familiar terms like Industry or Corporation. So we are getting screwed top down by the Financial Industry and the FED's single minded intent of total […]