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German MP Sahra Wagenknecht: Europe is a non-democratic colony controlled by banksters

By Charles | August 4, 2015

This woman is bad ass! Source: German MP Sahra Wagenknecht: Europe is a non-democratic colony controlled by banksters – YouTube Continue reading German MP Sahra Wagenknecht: Europe is a non-democratic colony controlled by banksters

President Jimmy Carter: The United States is an Oligarchy with ‘unlimited political bribery’

By Charles | August 3, 2015 1

Speaking to The Thom Hartmann Program, Carter explained that the 2010 Citizens United Supreme Court changed the whole political landscape in the United States. “It violates the essence of what made America a great country … Continue reading President Jimmy Carter: The United States is an Oligarchy with ‘unlimited political bribery’

The purpose of the Euro was (and is) to destroy labor unions and get wages down. Period.

By Charles | July 31, 2015

The Euro will rally do its work when crises hit, Mundell explained. Removing a government’s control over currency would prevent nasty little elected officials from using Keynesian monetary and fiscal juice to … Continue reading The purpose of the Euro was (and is) to destroy labor unions and get wages down. Period.

Euro creates problems for many European countries – Business Insider

By Charles | July 30, 2015

But it’s been tougher than it needed to be, since Finland hasn’t been able to do what a country would normally do in this situation: devalue its currency.That’s because Finland doesn’t have a … Continue reading Euro creates problems for many European countries – Business Insider

German government accuses news website of treason over leaks

By Charles | July 30, 2015

For the first time in more than 50 years journalists are facing treason charges, which is being denounced as an attack on the freedom of the press Source: German government accuses news … Continue reading German government accuses news website of treason over leaks

Do private banks create money?

By Charles | July 26, 2015

Since the Federal Reserve only requires private banks to have 10% of the money they loan out actually on hand, isn’t the remaining 90% of money loaned by banks “created out of thin air?” Continue reading Do private banks create money?

Do private banks ‘create’ more money than the government?

By Charles | July 26, 2015

paul meli said… I don’t know about Britain, but in the USA the outstanding balance of private credit is about $46T and the total of all government spending since WWII about $68T, so someone is confused. I already debunked this here: http://economicsrantsnmusings.blogspot.com/2013/06/does-credit-drive-economy.html <– Private link, looking for cached version somewhere to support what he’s … Continue reading Do private banks ‘create’ more money than the government?

Is the Federal Reserve a Quasi-Arm of the Government?

By Charles | July 26, 2015

Is the FED only a quasi-arm of the Government? The Fed is a public-private partnership, but monetary policy is determined from the top. Governance Fed Board of Governors: all 7 members appointed by … Continue reading Is the Federal Reserve a Quasi-Arm of the Government?

Firms are ‘almost eating themselves’ Andy Haldane tells Newsnight 

By Charles | July 26, 2015

Quarterly profits baby! One of the things destroying the world we live in. Source: Firms are ‘almost eating themselves’ Andy Haldane tells Newsnight – YouTube   Continue reading Firms are ‘almost eating themselves’ Andy Haldane tells Newsnight 

‘Quarterly capitalism’ is short-term, myopic, greedy and dysfunctional | The Guardian

By Charles | July 25, 2015

Shareholders must stop sucking companies dry at the expense of innovation, investment and the wellbeing of the workforce Source: ‘Quarterly capitalism’ is short-term, myopic, greedy and dysfunctional| Will Hutton | Comment is free | The Guardian Continue reading ‘Quarterly capitalism’ is short-term, myopic, greedy and dysfunctional | The Guardian

House To States: Don’t You Dare Demand GMO Labels : NPR

By Charles | July 23, 2015

A solid majority in the House of Representatives has voted to block efforts in some states to require labeling of GMOs. Source: House To States: Don’t You Dare Demand GMO Labels : … Continue reading House To States: Don’t You Dare Demand GMO Labels : NPR

AFSCME Trolls ALEC

By Charles | July 22, 2015

Funny stuff! Not a fan of companies/groups pretending to be one thing when they are exactly the opposite. Continue reading AFSCME Trolls ALEC