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Wealthy bankers and businessmen plotted to overthrow FDR. A retired general foiled it.

Wealthy bankers and businessmen plotted to overthrow FDR. A retired general foiled it.

Some of the country’s wealthiest men – furious with President Franklin D. Roosevelt – decided to install a dictator who was more business friendly, according to the congressional testimony of a highly decorated Marine Corps general who was enlisted to participate in the 1933 coup. Amazing what lengths wealthy bankers will go … Continue reading Wealthy bankers and businessmen plotted to overthrow FDR. A retired general foiled it.

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China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced

China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced (Financial Times) Could it be that something similar … Continue reading China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced

America has $1.73 trillion in student debt—borrowers from these states owe the most

America has $1.73 trillion in student debt—borrowers from these states owe the most

Not all states shoulder the same share of the student debt crisis. This is preventing graduates from being able to do the things their parents did, like buy a home. The government could wipe this debt out with a keystroke if it wanted to. It’s time to take this option seriously. Source: … Continue reading America has $1.73 trillion in student debt—borrowers from these states owe the most

20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian

20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian

Livestock companies with large emissions receive billions of dollars in funding, campaigners say But people love their meat and dairy! Source: 20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian Continue reading 20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian

Climate Change Is Bankrupting America's Small Towns - Slashdot

Climate Change Is Bankrupting America’s Small Towns – Slashdot

“Rather than bouncing back, places hit repeatedly by hurricanes, floods and wildfires are unraveling,” reports the New York Times. “Residents and employers leave, the tax base shrinks and it becomes even harder to fund basic services.”That downward spiral now threatens low-income communities in the path this week of Hurricane Ida and those … Continue reading Climate Change Is Bankrupting America’s Small Towns – Slashdot

Dutch cities want to ban property investors in all neighborhoods

Dutch cities want to ban property investors in all neighborhoods

The large municipalities in the Netherlands plan to make wide use of a legislative amendment that will allow them to designate neighborhoods where investors won’t be allowed to buy cheap and medium-priced homes and rent them out, NOS found after surveying the municipalities.  This legislative amendment is expected to take effect on … Continue reading Dutch cities want to ban property investors in all neighborhoods

Fears for future of American journalism as hedge funds flex power

Fears for future of American journalism as hedge funds flex power

Financial firms control half of US daily newspapers as pandemic worsens industry’s plight Hedge funds are literally taking away everything that’s good in this world, from buying up all the private homes thus destroying the American dream to buying up all the local news outlets, thus destroying democracy. Source: Fears for future … Continue reading Fears for future of American journalism as hedge funds flex power

Price rises should be short-lived – so let’s not resurrect inflation as a bogeyman | William Mitchell

Price rises should be short-lived – so let’s not resurrect inflation as a bogeyman | William Mitchell

Until full employment is reached, governments need not cut back on public spending, says William Mitchell, co-founder of modern monetary theory We’ve just been through the worst pandemic in modern history so there are a few supply issues, but we are not experiencing inflation caused by Biden giving out some stimulus checks. … Continue reading Price rises should be short-lived – so let’s not resurrect inflation as a bogeyman | William Mitchell

Activist Likely to Gain Third Seat on Exxon Board - WSJ

Activist Likely to Gain Third Seat on Exxon Board – WSJ

Engine No. 1—which challenged the oil giant’s strategy to focus on oil production amid climate change concerns—may expand its board-fight victory, an updated tally shows. This is good, oil companies have the resources today to start transforming themselves into sustainable industries, they might just need a little push to get things rolling. … Continue reading Activist Likely to Gain Third Seat on Exxon Board – WSJ