JAZZMAN CHRONICLES. DISSEMINATE FREELY.
It was the Great Depression that made the New Deal possible. Without it we would be a different nation. We may never have passed Social Security or Medicare. We may never have built the highways and bridges that are a legacy of public works. We might never have ensured the right to organized labor or passed legislation to protect workers and secure unemployment benefits. We may never have established regulatory limits on the size and conduct (...)
Home > Keywords > Politics > Economy-budget
Economy-budget
Articles
-
THE CRASH OF 2009: A WASTED OPPORTUNITY
5 August 2009 par (Open-Publishing)
-
The Great American Bubble Machine
4 August 2009 par (Open-Publishing)
by Matt Taibbi
Global Research, August 4, 2009 Rollingstone.com
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
The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In (...) -
Bring on the £4bn bonuses: Fat cat bankers rack up massive profits despite bringing economy to its knees
3 August 2009 par (Open-Publishing)
Bankers are set to pocket a record £4billion in bonuses after surprise profits.
Barclays and HSBC posted pre-tax profits of almost £6billion combined today with Lloyds Banking Group and Royal Bank of Scotland also set to reveal their figures later this week.
Thousands of City executives will again receive mammoth payouts despite the banking sector taking the economy to the brink of collapse last year.
It is a major embarrassment to Alistair Darling and City minister Lord Myners who (...) -
The Chinese Come Calling
29 July 2009 par (Open-Publishing)
The Chinese Come Calling
Posted on Jul 28, 2009
By Robert Scheer
What a hoot. The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget. Creditors get to make that kind of call. And the Marxists of Beijing, who have turned out to be the world’s most prudent bankers, are worried about their assets invested in our banana republic.
“China has a huge amount of investment in the United States, mainly in the (...) -
RED INK!
19 July 2009 par (Open-Publishing)
2 commentshttp://benamarine.blogspot.com/2009...
China invented printing. -
CALIFORNIA DREAMIN’: HOW THE STATE CAN BEAT ITS BUDGET WOES
11 July 2009 par (Open-Publishing)
CALIFORNIA DREAMIN’: HOW THE STATE CAN BEAT ITS BUDGET WOES
Ellen Brown, July 8th, 2009
“As goes California,” says the adage, “so goes the nation.” All eyes are therefore on the Golden State as it attempts to solve its $26 billion budget deficit. The world’s eighth largest economy is not going quietly into that pit of debt and devastation that has devoured Third World countries whole. The State’s voters have drawn a line in the sand against further tax hikes, while Democratic leaders (...) -
Global systemic crisis in summer 2009: The cumulative impact of three « rogue waves »
11 July 2009 par (Open-Publishing)
Public announcement Special Summer 2009 GEAB N°36 (June 17, 2009)
Three rogue waves by H-J Fandrich for LEAP/E2020
As anticipated by LEAP/E2020 as early as October 2008, on the eve of summer 2009, the question of the US and UK capacity to finance their unbridled public deficits has become the central question of international debates, thus paving the way for these two countries to default on their debt by the end of this summer.
At this stage of the global systemic crisis’ process of (...) -
Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8
10 July 2009 par (Open-Publishing)
By Lyubov Pronina
July 10 (Bloomberg) — Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.”
“Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”
The coin (), which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 (...) -
Obama’s Cap and Trade Carbon Emissions Bill - A Stealth Scheme to License Pollution and Fraud
10 July 2009 par (Open-Publishing)
by Stephen Lendman
On May 15, HR 2454: American Clean Energy and Security Act of 2009 (ACESA) was introduced in the House purportedly "To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy."
In fact, it’s to let corporate polluters reap huge windfall profits by charging consumers more for energy and fuel as well as create a new bubble through carbon trading derivatives speculation. It does nothing to address (...) -
The U.S. stock market again before a crash?
10 July 2009 par (Open-Publishing)
The U.S. stock market again before a crash?
F. William Engdahl
Since the beginning of this year the U.S. stock market experienced its strongest increase since 1938. Encouraged by this development is hardly noticed changes in the book stop Tung’s guidelines for banks, massive accounting tricks the banks, and the whole supported and encouraged by a hypocritical media hype of economic policy spokesman for the Obama government. Insider stock selling at record levels, and get out. This is (...)