ECONOMY | WHAT REALLY HAPPENED

ECONOMY

May 24 16:35

What is the minimum wage around the world?

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May 24 13:04

And it's gone

May 24 13:03

John Nash, ‘A Beautiful Mind’ Subject and Nobel Winner, Dies at 86

John F. Nash Jr., a mathematician who shared a Nobel Prize in 1994 for work that greatly extended the reach and power of modern economic theory and whose decades-long descent into severe mental illness and eventual recovery were the subject of a book and a 2001 film, both titled “A Beautiful Mind,” was killed, along with his wife, in a car crash on Saturday in New Jersey. He was 86.

Dr. Nash, and his wife, Alicia, 82, were in a taxi on the New Jersey Turnpike in Monroe Township around 4:30 p.m. when the driver lost control while trying to pass another car and hit a guard rail and another vehicle, said Sgt. Gregory Williams of the New Jersey State Police.

May 24 11:44

Banks and Punishments

Occasionally people inquire as to the different treatment of different kinds of persons in our legal system. As the U.S. Supreme Court has explained, corporations are persons just like my readers. The only difference between a corporate person and a human person is that when a human person breaks the law, the human person depending on the offense, may go to jail. When a corporate person breaks the law, the corporate person may be punished, but is never sent to jail.

May 24 11:32

Minimum wages, adjusted for cost of living.

May 24 11:28

An Open Letter to the Pope on Institutional Racism at the World Bank and G-20

Your Holiness,

Speaking of the ills of economic and social exclusions you stated that “Exclusion ultimately has to do with what it means to be a part of the society in which we live; those excluded are no longer society’s underside or its fringes – they are no longer even a part of it. The excluded are not the ‘exploited’ but the outcast.”

May 24 07:08

America’s Trailer Parks: The Residents May Be Poor But The Owners Are Getting Rich May 24th, 2015

It’s an unusual but potentially lucrative investment: billionaire Warren Buffett is heavily invested, and his and others’ success is prompting ordinary people to attend Mobile Home University, a ‘boot camp’ in trailer park ownership.

May 24 06:59

Greece 'ready to do economic deal', but won't be humiliated: Tsipras

Greece is ready to accept a “viable and long-lasting” deal with lenders but not on “humiliating terms”, Prime Minister Alexis Tsipras has told his ruling Syriza party.

May 24 06:05

Every man to pay $28,000 debt

The world faces the largest financial crash ever. As it turned out every man on our planet has a debt surpassing $28,000.
According to a recent McKinsey Global Institute report, the total amount of debt on our planet has grown from $142 trillion at the end of 2007 to $199 trillion today.
All major economies today have higher levels of borrowing relative to GDP than they did in 2007. Global debt these years has grown by $57 trillion, raising the ratio of debt to GDP by 17 percentage point.

May 23 19:33

5 Things To Ponder: Everybody's Got One

May 23 17:23

The Other One Percent

As a high school student, I came across an observation by Abraham Lincoln who said that “With public sentiment, nothing can fail; without it nothing can succeed.” Today “public sentiment” would be called “public opinion.”

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May 23 16:58

Workers Lose Jobs After Disease Outbreak

The recent outbreak of listeria at ice cream company Blue Bell will cause almost 1/3 of the companies workers to be laid off.

May 23 16:49

Tracking Labor Force Participation

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May 23 15:49

The End of the Commodities Bear?

May 23 14:41

The Other One Percent

As a high school student, I came across an observation by Abraham Lincoln who said that “With public sentiment, nothing can fail; without it nothing can succeed.” Today “public sentiment” would be called “public opinion.”

May 23 14:22

Annual cost of car ownership falls to $8,698

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May 23 13:36

China Rising - Red Dawn in October???

May 23 12:09

Researchers Predicted In 1971 that Debit Cards Would Become the Ultimate Spy Tool

The Wall Street Journal reported that the NSA spies on Americans’ credit card transactions. Senators Wyden and Udall – both on the Senate Intelligence Committee, with access to all of the top-secret information about the government’s spying programs – write:

Section 215 of the Patriot Act can be used to collect any type of records whatsoever … including information on credit card purchases, medical records, library records, firearm sales records, financial information and a range of other sensitive subjects.

Many other government agencies track your credit card purchases as well. In fact, all U.S. intelligence agencies – including the CIA and NSA – are going to spy on Americans’ finances.

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May 23 09:37

Kansas Republicans Have Come Up with a Disgraceful New Way to Screw the Poor

Starting in July, a new law in Kansas will restrict the amount of cash a welfare recipient can take out of ATM's to just $25 a day—a move that critics say introduces a whole new host of financial burdens—including high ATM fees and travel costs—when they access cash.

Webmaster's Commentary: 

And if you let them get away with limiting access to cash because these are welfare recipients, then you open the door to letting them limit YOUR access to cash, for whatever reason they concoct, to protect the banks!

May 23 09:02

Moldova: Israeli Oligarch stole $1 billion

I am glad to learn that 3.5 million Moldovans have been taken to cleaners by an Israeli-born young Jewish billionaire Ilan Shor, 28.

On Monday, a Moldovan court rejected the appeal by Ilan Shor against his earlier sentence of house arrest. Last year, he was accused of stealing nearly $1 billion, or 12 percent of Moldova’s GDP. His house arrest began only last week.

Pity, had he ripped Americans of $1 billion, he would be enjoying a beautiful ‘retirement’ in sunny Tel Aviv, home to 280 Jewish brothels.

May 23 08:40

Seizing an alternative: Integrity for the whole truth, and nothing but the truth (7 of 7)

*hyperlinks/videos live at source*

The following is my paper for the Claremont Colleges’ conference, Seizing an Alternative Toward an Ecological Civilization, with open registration to the public on June 4-7, 2015.

Paper title:

‘Emperor’s New Clothes’ political collapse: Seizing an alternative to OBVIOUS unlawful wars, bankster looting, lying corporate media
I’ve divided the paper into sections:

Recognizing The Emperor’s New Clothes as THE STORY of today (1 of 7)

Obviously unlawful US/UK wars of the present (2 of 7)

Obviously unlawful Israel wars on Gaza (3 of 7)

War lies to hide obviously unlawful wars: propaganda as usual (4 of 7)

Bankster looting: fundamental fraud that “debt” is “money” (5 of 7)

Lying corporate media: required propaganda trying to hide naked empire (6 of 7)

Integrity for the whole truth, and nothing but the truth (7 of 7)

This section is: Integrity for the whole truth, and nothing but the truth (7 of 7)

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