HOW FINANCIAL DEREGULATION IS DESTROYING THE WORLD
Rolling Stone, Matt Tabbi, February 12, 2014
How Mega Banks, Corporations Drove A Mack Truck Thru A Loophole to Dominate and Control Global Politics, Industry and Society.
Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever.
Today, banks like Morgan Stanley, JPMorgan Chase and Goldman Sachs own oil tankers, run airports and control huge quantities of coal, natural gas, heating oil, electric power and precious metals. They likewise can now be found exerting direct control over the supply of a whole galaxy of raw materials crucial to world industry and to society in general, including everything from food products to metals like zinc, copper, tin, nickel and, most infamously thanks to a recent high-profile scandal, aluminum. And they're doing it not just here but abroad as well: In Denmark, thousands took to the streets in protest in recent weeks, vampire-squid banners in hand, when news came out that Goldman Sachs was about to buy a 19 percent stake in Dong Energy, a national electric provider. The furor inspired mass resignations of ministers from the government's ruling coalition, as the Danish public wondered how an American investment bank could possibly hold so much influence over the state energy grid.
Wall Street's War
But banks aren't just buying stuff, they're buying whole industrial processes. They're buying oil that's still in the ground, the tankers that move it across the sea, the refineries that turn it into fuel, and the pipelines that bring it to your home. Then, just for kicks, they're also betting on the timing and efficiency of these same industrial processes in the financial markets – buying and selling oil stocks on the stock exchange, oil futures on the futures market, swaps on the swaps market, etc.
But those are purely financial schemes. In these new, even scarier kinds of manipulations, banks that own whole chains of physical business interests have been caught rigging prices in those industries.
Mother Jones, September 11, 2014
-▶ THE RICH ARE EATING RICHER, THE POOR ARE EATING POORER. First of all, incomes have stagnated. Overall real median incomes today stand at 1989 levels, as this September US Federal Reserve report shows. And real median incomes declined 5 percent between 2010 and 2013, the report shows, even as income levels at the top expanded. That means that the "recovery" of the past three years hasn't felt like much of one for millions of families... http://www.motherjones.com/tom-philpott/2014/09/food-inequality
Mint Press, October 04, 2014
▶ GLOBAL INEQUALITY REACHES LEVELS NOT SEEN IN NEARLY 200 YEARS http://www.mintpressnews.com/global-inequality-reaches-levels-seen-nearly-200-years/197301/
WHY INEQUALITY IS AN ECONOMIC PROBLEM
New Economics Foundation, December 18, 2014
Oxfam International Blogs, Febuary 01, 2015
-▶ WHY GREECE REJECTED THE AUSTERITY THAT INCREASED POVERTY AND INEQUALITY http://blogs.oxfam.org/en/blogs/15-02-09-why-greece-rejected-austerity-increased-poverty-and-inequality
Truthout, September 11, 2014
-▶ AN ECONOMIC HIT MAN SPEAKS OUT: JOHN PERKINS ON HOW INDEBTED COUNTRIES HAVE FALLEN VICTIM TO "ECONOMIC HIT MEN" In the case of Greece today, it's the IMF, World Bank and the EU [European Union] that make tremendous demands on the country: increase taxes, cut back on spending, sell public sector utilities to private companies, things like power companies and water systems, transportation systems, privatize those, and basically become a slave to us, to the corporations...organizations like the World Bank, the IMF, the EU, are tools of the big corporations, what I call the "corporatocracy." http://www.truth-out.org/news/item/26112-an-economic-hit-man-speaks-out-john-perkins-on-how-greece-has-fallen-victim-to-economic-hit-men
Oxfam International, January 19, 2015
-▶ WEALTH: HAVING IT ALL AND WANTING MORE http://www.oxfam.org/en/research/wealth-having-it-all-and-wanting-more
They Want More Deregulation, Less Taxes and Still They Find Ways to Avoid Paying Their Fair Share of Taxes
29 March, 2013 - Common Dreams
-▶ MULTI-NATIONAL CORPORATIONS INCREASINGLY ABANDONING AMERICA TO AVOID REGULATIONS AND TAXES Their antennae point to places where taxes are very low, labor is wage slavery, independent unions are non-existent, governments have their hands out, and equal justice under the rule of law does not exist. https://www.commondreams.org/view/2013/03/28-11
Reuters, February 25, 2014
▶ MANY BIG U.S. CORPORATIONS PAY VERY LITTLE OR NO TAXES : REPORT http://www.reuters.com/article/2014/02/26/us-usa-tax-corporate-idUSBREA1P04Q20140226
Truthout, December 04, 2014
-▶ TAX-DODGING: WE NEED TO START HOLDING CORPORATIONS AND BANKS ACCOUNTABLE http://truth-out.org/opinion/item/27822-we-need-to-stop-bending-over-for-the-banksters
Rolling Stone, February 14, 2014
-▶ THE VAMPIRE SQUID STRIKES AGAIN: THE MEGA BANKS' MOST DEVIOUS SCAM YET http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212
Guardian, January 23, 2015
-▶ AS INEQUALITY SOARS, THE NERVOUS SUPER RICH ARE ALREADY PLANNING THEIR ESCAPES. Hedge fund managers are preparing getaways by buying airstrips and farms in remote areas, former hedge fund partner tells Davos during session on inequality
The Real News, October 24, 2014
THE FINANCIALIZATION OF LIFE: PROFITING WITHOUT PRODUCING. Costas Lapavitsas is a professor in economics at the University of London School of Oriental and African Studies. He teaches the political economy of finance, and he's a regular columnist for The Guardian.
HuffPost Politics, December 13, 2014
-▶ SEN ELIZABETH WARREN RIPS CITIGROUP FOR WEAZLING WALL STREET GIVEAWAY INTO GOVERNMENT SPENDING BILL http://www.huffingtonpost.com/2014/12/12/elizabeth-warren-citigroup-bill_n_6318446.html
Campaign For America's Future, April 28, 2014
-▶ MAKING CORPORATE TAX BREAKS PERMANENT HOW CONGRESS RIGS THE RULES http://ourfuture.org/20140428/corporate-tax-breaks-how-congress-rigs-the-rules
Rolling Stone, May 10, 2012, Matt Tabbi,
-▶ HOW WALL STREET KILLED FINANCIAL REFORM
HuffingtonPost Politics, November 22, 2014
-▶ Sen. Elizabeth Warren: ENOUGH IS ENOUGH: WITH OBAMA's WALL STREET APPOINTEES http://www.huffingtonpost.com/elizabeth-warren/presidents-wall-street-nominee_b_6188324.html
Harvard Business Review, October 24, 2014
▶ WHAT WILL IT TAKE TO CHANGE THE CULTURE OF WALL STREET. IT STARTS WITH SOCIOLOGY INSTEAD OF ECONOMICS http://blogs.hbr.org/2014/10/what-it-will-take-to-change-the-culture-of-wall-street/
The Search For A New Economic System - With Meaning
▶ UN: THE ERA OF EVER-LASTING PRODUCTION BASED ON MAXIMIZING PROFITS HAS REACHED ITS LIMITS http://sco.lt/6C3RoH
WHO'S IN CONTROL
NATION STATES OR GLOBAL CORPORATIONS?
DOES YOUR DEMOCRATIC VOTE EVEN COUNT?
New York Times, March 01, 2014
▶ BIG-MONEY DONORS DEMAND LARGER SAY IN CAMPAIGN STRATEGY http://www.nytimes.com/2014/03/02/us/politics/big-money-donors-demand-larger-say-in-party-strategy.htm
Peak Prosperity, December 03, 2014
-▶ OIL AND THE GLOBAL SLOWDOWN: We are being driven by our system of money, we serve it not the other way around, which is a tragedy of both epic and comic proportions. http://www.peakprosperity.com/blog/89380/oil-and-global-slowdown
Forbes, February 05, 2015
-▶ THE WORLD'S DUMBEST IDEA? MAXIMIZING SHAREHOLDER VALUE http://www.forbes.com/sites/stevedenning/2015/02/05/salesforce-ceo-slams-the-worlds-dumbest-idea-maximizing-shareholder-value/
PBS Newshour, September 25, 2014
▶ WHAT CONTEMPORARY CAPITALISM COULD LEARN FROM FAIRY TALES; “The financial meltdown of 2008 was, at its core, a moral catastrophe.” http://www.pbs.org/newshour/making-sense/what-contemporary-capitalism-needs-to-learn-from-fairy-tales/
Moyers and Company, February 14, 2014
March 1, 2013 Global Research
▶ PREDATORY CAPITALISM AND THE RISE OF THE "GLOBAL CORPORATOCRACY". http://www.globalresearch.ca/rise-of-the-global-corporatocracy-an-interview-with-john-perkins/5329456
▶ SHOULD COMPANIES COMPENSATE SOCIETY FROM ENVIRONMENTAL DESTRUCTION FROM WHICH THEY PROFIT http://sco.lt/5x2tqz
Guardian, October 13, 2014
-▶ AS THE RICH GET RICHER -- COULD TRIGGER A GLOBAL RECESSION. The richest 1% of the world’s population are getting wealthier, according to a Credit Suisse report which warned growing inequality could be a trigger for recession. “Taken together, the bottom half of the global population own less than 1% of total wealth. In sharp contrast, the richest decile hold 87% of [...] http://www.theguardian.com/business/2014/oct/14/richest-1percent-half-global-wealth-credit-suisse-report
Campaign For America's Future, January 26, 2015
-▶ CORPORATE TAX BREAK SCHEME IS GAINING A DANGEROUS MOMENTUM. There is no real argument over whether the nation needs to do more to improve its infrastructure – its transportation, water, power and information networks. But there is an argument over how best to pay for it all – and that argument is increasingly turning in a dangerous direction http://ourfuture.org/20150126/corporate-tax-break-scheme-is-gaining-a-momentum-we-must-stop?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak
International Consortium of Investigative Journalists , January 03, 2014
-▶ SECRET OFFSHORE FINANCIAL RECORDS TRIPLED IN 2013 http://www.icij.org/blog/2013/04/release-offshore-records-draws-worldwide-response
International Consortium of Investigative Journalists, January 06, 2014
-▶ IN U.S., EFFORTS TO FIGHT OFFSHORE SECRECY HIT SNAGS - WHO OWNS WHAT CORPORATION? http://www.icij.org/blog/2014/01/us-efforts-fight-offshore-secrecy-hit-snags
Center for Economic & Policy Research, May 15, 2013
-▶ CUTTING SOCIAL SECURITY AND NOT TAXING WALL STREET http://www.cepr.net/index.php/op-eds-&-columns/op-eds-&-columns/cutting-social-security-and-not-taxing-wall-street
THE WORLD IS SITTING ON A CONSUMPTION TIME BOMB
Guardian Sustainable Business, November 05, 2014
▶ THE FALSEHOOD OF SHAREHOLDER FIDUCIARY
SOCIETY MUST CALL BUSINESS' BLUFF ON ITS FIXATION WITH PROFIT MAXIMISATION. It is extraordinary how many executives still cling to behaviour that may well in the future be considered criminal. While the falsehood that fiduciary duty means solely making money for shareholders is being chipped away, many business leaders still cling on to this behaviour. http://www.theguardian.com/sustainable-business/2014/nov/05/society-business-fixation-profit-maximisation-fiduciary-duty
Harvard Business Review, May 15, 2014
- ▶ TAKING BUSINESS BACK FROM WALL STREET: THE DANGERS OF MANAGING COMPANIES FOR SHAREHOLDERS http://blogs.hbr.org/2014/05/taking-business-back-from-wall-street/
September 9, 2013 Washington Post
▶ HOW THE CULT OF SHAREHOLDER VALUE WRECKED AMERICAN BUSINESS http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/09/how-the-cult-of-shareholder-value-wrecked-american-business/
May 10, 2013 Harvard Business Review
▶ PARTING WAYS WITH PUBLIC TRADING http://blogs.hbr.org/cs/2013/05/parting_ways_with_public_tradi.html
A VIP READ:
THE ECONOMICS AND MORALITY OF CURBING SPECULATION IN FOOD, WATER AND VITAL RESOURCES http://sco.lt/8YbdY1
-▶ THE COLLABORATIVE/SHARING ECONOMY IS EXPLODING http://sco.lt/5QA4vJ
August 6, 2013 Truthout
-▶ THE DETROIT BAIL-IN TEMPLATE: FLEECING PENSIONERS TO SAVE THE BANKS http://www.truth-out.org/news/item/17996-the-detroit-bail-in-template-fleecing-pensioners-to-save-the-banks
Grist, September 19, 2014
-▶ NAOMI KLEIN IS RIGHT: UNCHECKED, UNBRIDLED CAPITALISM WILL DESTROY CIVILIZATION http://grist.org/climate-energy/naomi-klein-is-right-unchecked-capitalism-will-destroy-civilization/
The Real News Network, November 14, 2014
HOW DEEP IS THE ROT ON WALL STREET?
Joseph Fichera's op-ed in the New York Times shows the full depravity of Wall Street's resistance to regulation, says white collar criminologist Professor William Black
Rolling Stone, November 06, 2014
THE NINE BILLION DOLLAR WITNESS
MEET JPMORGAN CHASE'S WORST NIGHTMARE http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106
Democracy Now, November 07, 2014
MATT TAIBBI AND BANK WHISTLEBLOWER ON HOW JPMORGAN CHASE HELPED WRECK THE ECONOMY http://www.democracynow.org/2014/11/7/matt_taibbi_and_bank_whistleblower_on
Alternet, November 18, 2014
-▶ 7 CORPORATIONS THAT PAY THEIR CEOs MORE THAN THEY PAY IN TAXES http://www.alternet.org/7-corporations-pay-their-ceos-more-they-pay-taxes
CSRWire, December 12, 2013
▶ AMID DEBATE OVER MINIMUM WAGE, NEW REPORT SHOWS TAXPAYERS SUBSIDIZE CORPORATE PAY http://www.csrwire.com/blog/posts/1144-amid-debate-over-minimum-wage-new-report-shows-taxpayers-subsidize-corporate-pay
-▶ WHY AMAZON HAS NO PROFITS (AND WHY IT WORKS) | Andreessen Horowitz http://a16z.com/2014/09/05/why-amazon-has-no-profits-and-why-it-works/
MULTI-NATIONAL BRAND NAMES EXPOSED IN TAX AVOIDANCE SCHEME REVEALED. They are everyday multi-national brand names, products and services we all use – but where does the money go and how much tax do these companies pay? http://www.icij.org/project/luxembourg-leaks/leaked-documents-expose-global-companies-secret-tax-deals-luxembourg
International Consortium of Investigative Journalists
LUXEMBOURG LEAKS. SECRET TAX DEALS EXPOSED
SpiegelOnLine, November 21, 2014
-▶ EU DEBATES NEW RULES TO CURB LUXEMBOURG STYLE TAX LOOPHOLES http://www.spiegel.de/international/europe/eu-debates-new-rules-to-curb-luxembourg-style-tax-loopholes-a-1003402.html
Irish Times, November 05, 2014
-▶ IKEA, PEPSI AMONGST 340 COMPANIES WITH SECRET LUXEMBOURG TAX DEALS http://www.irishtimes.com/business/economy/exposed-ikea-pepsi-amongst-340-companies-with-secret-luxembourg-tax-deals-1.1989484
International Consortium of Investigative Journalists, Nov. 06, 2014
-▶ 'LUX LEAKS' REVELATIONS BRING SWIFT RESPONSE AROUND THE WORLD http://www.icij.org/project/luxembourg-leaks/lux-leaks-revelations-bring-swift-response-around-world
CNBC TV - November 06, 2014
$95 BILLION - $416 BILLION USA CORPORATE TAX AVOIDANCE SCHEME IN LUXEMBOURG EXPOSED http://www.cnbc.com/id/102141877#.
Guardian, November 05, 2014
-▶ LUXEMBOURG TAX FILES: HOW TINY STATE RUBBER-STAMPED TAX AVOIDANCE ON INDUSTRIAL SCALE http://www.theguardian.com/business/2014/nov/05/-sp-luxembourg-tax-files-tax-avoidance-industrial-scale
Rolling Stone, August 27, 2014
-▶ THE BIGGEST TAX SCAM EVER
The world's richest corporations are getting away with fleecing hundreds of billions of tax dollars from the rest of us.
Some of America's top corporations are parking profits overseas and ducking hundreds of billions in taxes.
International Consortium of Investigative Journalists
-▶ SECRECY FOR SALE: INSIDE THE GLOBAL OFFSHORE MONEY MAZE http://www.icij.org/offshore
"WHO PROFITS FROM POVERTY?
Alternet, January 04, 2014
-▶ HOW CORPORATIONS ARE CHEATING MILLIONS OF SCHOOL CHILDREN OUT OF BILLIONS IN EDUCATION FUNDS. If corporations want an educated, skilled workforce (as they say they do), they should stop skimping on state taxes. http://www.alternet.org/education/how-corporations-are-cheating-millions-school-children-out-billions-education-funds
Harvard Business Review, August 29, 2014
▶ WHATEVER HAPPENED TO CORPORATE STEWARDSHIP?
When corporations dodge taxes, it's an ethical issue.
RETURN OF DEBTORS' PRISON IN USA
IMPOVERISHED JAILED FOR INABILITY TO PAY FINES OR OLD DEBTS : INEQUALITY WIDENS http://sco.lt/68dlAX
ProPublica, September 15, 2014
-▶ UNSEEN TOLL: WAGES OF MILLIONS SEIZED TO PAY PAST DEBTS. A new study provides the first-ever tally of how many employees lose up to a quarter of their paychecks over debts like unpaid credit card or medical bills and student loans. http://www.propublica.org/article/unseen-toll-wages-of-millions-seized-to-pay-past-debts
Bill Moyers, November 20, 2014
▶ TAX-DODGING WAL-MART HOLDS ANOTHER FOOD DRIVE FOR ITS IMPOVERISHED WORKERS. http://billmoyers.com/2014/11/20/walmart/
Guardian, May 06, 2014
-▶ NEOLIBERALISM HAS BROUGHT OUT THE WORST IN US - PSYCHOPATHIC THINKING. 'We are forever told that we are freer to choose the course of our lives than ever before, but the freedom to choose outside the success narrative is limited.' http://www.theguardian.com/commentisfree/2014/sep/29/neoliberalism-economic-system-ethics-personality-psychopathicsthic
▶ POPE FRANCIS WARNS ON COMING "IDOLATROUS" GLOBAL ECONOMIC COLLAPSE, PLEAS FOR ENVIRONMENT http://sco.lt/9JnutN
LOBBYING: MURKY BUSINESS OR DEMOCRATIC NECESSITY?
Naked Capitalism, January 05, 2015
-▶ CORPORATE TAX INVERSION REMAINS (HUGE) http://www.nakedcapitalism.com/2015/01/tax-inversion-remains-huge.html
The Washington Post, September 22, 2014
▶ OBAMA ADMINISTRATION ANNOUNCES NEW RULES TO DISCOURAGE CORPORATE TAX INVERSIONS http://www.washingtonpost.com/business/economy/2014/09/22/e5294e0a-429d-11e4-b437-1a7368204804_story.html?wpisrc=al_comboNE
The Washington Post, August 06, 2014
▶ JUMPING SHIP: U.S. POLICYMAKERS BRACE FOR RASH OF CORPORATE EXPATRIATIONS: DESERTING AMERICA FOR "GREENER" TAX PASTURES, LESS REGULATION http://www.washingtonpost.com/business/economy/us-policymakers-gird-for-rash-of-corporate-expatriations/2014/08/05/4898ca5e-18d9-11e4-9349-84d4a85be981_story.html?wpisrc=nl_most
Common Dreams, August 27, 2014
▶ BURGER KING 'INVERSION' ALLOWS IT TO PROFIT OFF PUBLIC, DODGE TAXES, SAY CRITICS http://www.commondreams.org/news/2014/08/27/burger-king-inversion-allows-it-profit-public-dodge-taxes-say-critics
USA Today, August 31, 2014
-▶ AVOID TAXES? 10 THINGS TO KNOW ABOUT CORPORATE INVERSIONS http://www.usatoday.com/story/money/business/2014/08/31/corporate-tax-inversions/14686959/
Bloomberg, August 29, 2014
-▶ HEDGE FUNDS HUNT FOR CLUES TO TREASURY TAX-INVERSION LIMIT. The biggest group of hedge funds affected by the corporate-inversion debate employ a so-called merger arbitrage strategy, making bets on whether a deal will go through. That usually entails buying the shares of one of the companies while selling the other’s short http://www.bloomberg.com/news/2014-08-29/hedge-funds-hunting-clues-in-treasury-tax-inversion-limit.html?alcmpid=markets
THE PUBLIC-PRIVATE "PARTNERSHIP"
THE INFLOW: National Business Report, September 17, 2014
-▶ WHY CHINESE MONEY IS FLOODING AMERICAN MARKETS http://nbr.com/2014/09/17/why-chinese-money-is-flooding-american-markets/
FastCoDesign, September 15, 2014
-▶ IKEA IS A NONPROFIT, AND YES, THAT'S EVERY BIT AS FISHY AS IT SOUNDS http://www.fastcodesign.com/3035734/infographic-of-the-day/ikea-is-a-nonprofit-and-yes-thats-every-bit-as-fishy-as-it-sounds
▶ BILL CLINTON: FIRMS OF THE FUTURE WILL CARE MORE ABOUT PEOPLE, LESS ABOUT PROFITS http://www.cnbc.com/id/102025913
YES Magazine, September 09, 2014
▶ A WEALTHY CAPITALIST ON WHY MONEY DOESN'T TRICKLE DOWN http://www.yesmagazine.org/issues/the-end-of-poverty/wealthy-capitalist-nick-hanauer-on-why-money-doesn-t-trickle-down
EcoNexus, June 2012
▶ WHERE'S THE DEBATE ABOUT CORPORATE POWER RUN AMOK A response to the proposal for a Convention on Corporate Sustainability Reporting http://www.econexus.info/publication/rio20-wheres-debate-about-corporate-power
Guardian April 08, 2014, George Monbiot
-▶ HOW HAVE THESE CORPORATIONS COLONIZED OUR PUBLIC LIFE? Power is shifting: to places in which we have no voice or vote. Domestic policies are forged by special advisers and spin doctors, by panels and advisory committees stuffed with lobbyists http://www.theguardian.com/commentisfree/2014/apr/08/corporations-public-life-unilever
▶ CAPITALISM NEEDS RETHINKING BUT WHAT ARE THE OPTIONS? http://sco.lt/6X0IC1
PBS NewsHour, September 05, 2014
MORE PART-TIME WORKERS SUFFER INSTABILITY, LONG HOURS TO MAKE ENDS MEET -- AS WALL STREET STOCK MARKET SOARS
-▶ CORPORATE PROFITS TRUMPS FAIR WAGES
More than half of U.S. fast food workers on public aid, report says http://sco.lt/5zp197
END OF POVERTY http://www.yesmagazine.org/issues/the-end-of-poverty
"CAN WE SHOP TO END POVERTY"
With Ananya Roy
Global Envision: Exploring Market-driven Solutions to Poverty
Rolling Stone, Matt Taibbi, July 9, 2009
-▶ THE GREAT AMERICAN BUBBLE MACHINE. From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression -- and they're about to do it again, Read more: http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405#ixzz2tNBMth7d
-▶ IS WALL STREET STOCK MARKET RIGGED? Interview with Author, Michael Lewis: A Wall Street Revolt "The Flash Boys" http://www.npr.org/2014/04/01/297686724/on-a-rigged-wall-street-milliseconds-make-all-the-difference
CBS News, 60 Minutes, March 28, 2014
THE WALL STREET CASINO:
IS THE U.S. STOCK MARKET RIGGED?
THE "FLASH BOYS"
THE UNITED STATES OF 'ALEC'
SHAPING AND CONTROLLING SPECIAL INTEREST LEGISLATION: ONE STATE AT A TIME http://sco.lt/68GD8z
PBS Newshour, September 03, 2014
WHY SO MANY COLLEGE GRAD ARE HIGHLY-EDUCATED, WELL PLACED, AND GOING NOWHERE
CRUSHING COLLEGE DEBT
A TRILLION DOLLAR BUSINESS: PREDATORY LOANS AND AN UNKNOWN FUTURE http://sco.lt/8wWGOX
Center for Public Integrity, February 17, 2014
-▶ AFTER THE MELTDOWN: In the fall of 2008, the U.S. economy nearly collapsed thanks to an unprecedented wave of mortgage foreclosures. In “After the Meltdown — Where are they now?” the Center for Public Integrity revisits the subprime lenders, Wall Street banks and government regulators that were most responsible for the crash — and finds few if any have been held accountable. http://www.publicintegrity.org/business/finance/after-meltdown
Common Dreams, September 16, 2014
▶ THIS CHANGES EVERYTHING : CAPITALISM vs THE CLIMATE - Naomi Klein http://www.commondreams.org/views/2014/09/16/whether-we-engage-or-do-nothing-changes-everything
Democracy Now, September 18, 2014
CAPITALISM vs. THE CLIMATE
Naomi Klein on Need for New Economic Model to Address Ecological Crisis
Guardian Environment, September 18, 2014
▶ INVESTORS CALL FOR CLIMATE CHANGE DEAL. Ahead of a UN climate summit in New York next week, Institutional investors managing £15tn of assets have called for an ambitious global climate deal to give them certainty to invest in clean technology. ...http://www.theguardian.com/environment/2014/sep/18/investors-call-for-climate-change-deal
300 YEARS OF FOSSIL FUELS IN 300 SECONDS
-▶ WALL STREET, CORPORATIONS BUYING UP AMERICAN, FOREIGN FARMLAND, THREATENING FUTURE OF U.S. AND WORLD AGRICULTURE http://sco.lt/8U908P
▶ WHAT HAPPENS WHEN WALL STREET OWNS THE NEIGHBORHOOD? MEET YOUR NEW LANDLORD http://sco.lt/5SjIVl
AlterNet, March 25, 2014
-▶ HOW WALL STREET IS SUCKING HUGE AMOUNTS OF MONEY FROM LOS ANGELES: Study "No Small Fees: LA Spends More on Wall Street than Our Streets." http://www.alternet.org/economy/new-report-reveals-how-wall-street-impoverishes-los-angeles
Salon, February 23, 2014
▶ McDOMINATION: HOW CORPORATIONS CONQUERED AMERICA AND RUINED OUR HEALTH http://www.salon.com/2014/02/23/mcdomination_how_corporations_conquered_america_and_ruined_our_health/
STEALING AFRICA: WHY POVERTY?
HOW MUCH PROFIT IS FAIR?
AllAfrica.com: February 19, 2014
▶ AFRICA: EMERGING MARKET CURRENCIES UNDER ATTACK BY THE SHARKS OF THE CASINO GLOBAL ECONOMY http://allafrica.com/stories/201402200053.html
WHEN WALL STREET WENT TO AFRICA
▶ FOOD, SLAVE LABOR AND THE WALMARTIZATION OF AGRICULTURE AND AMERICA http://sco.lt/8oSVBx
PUTTING POLITICAL CORRUPTION ON ICE
June 21, 2013 Guardian Sustainable Business
▶ ECONOMIC SUCCESS IS NOT ENOUGH TO IMPROVE OUR WELL BEING. We seek economic success to improve lives and contribute to the society we want. BUSINESSES HAVE LOST THEIR WAY BY FOCUSING ON PROFIT MAXIMISATION AT ANY COST http://www.guardian.co.uk/sustainable-business/economic-success-not-enough-wellbeing
WHY THE FIRST ISSUE IN MONEY IS POLITICS
"THE STORY OF SOLUTIONS"
Latest from Annie Leonard's "Story of Stuff"
Resolving the "Game of More"
-▶ THE INDUSTRIAL MILITARY COMPLEX MINDSET AND CSR: SHARING AND COOPERATION vs COMPETITION AND ENDLESS CONSUMPTION http://sco.lt/5EXUv3
-▶ BIG PHARMA, BIG BUCKS: ENDING DRUG MONOPOLIES, MEGA PROFITS AND STRANGLEHOLD ON PATENTS == PEOPLE ARE DYING http://sco.lt/5WVBkP
▶ THE NEW CORPORATE COLONIALISM. DESTRUCTION OF PLANETARY LIFE IN THE NAME OF "GROWTH" http://sco.lt/696Tlx
▶ FINANCIALIZING NATURE COULD BANKRUPT US ALL. OLD ECONOMICS OR SUSTAINING POLICY http://sco.lt/8Y7sK9