….In a recent article titled “What Do Banks Do?,” which appeared in a collection of essays devoted to the future of finance, Turner pointed out that although certain financial activities were genuinely valuable, others generated revenues and profits without delivering anything of real worth —payments that economists refer to as […]
Economics
The Truth leaks out … THE BANKS ARE ROBBING YOU AND ARE IN FACT BANKRUPT !
[ Noam has read thousands of books (you probably haven’t) Noam has written dozens and dozens of books (you probably haven’t) Noam is a global grade linguist (you probably aren’t) Noam is a world reknown scholar and political activist (you probably don’t wanna hear about it)) Noam is one of […]
Source: tumeke.blogspot.com Fonterra commits Facebook suicide Greenpeace says Fonterra has committed Facebook suicide because it was unable to answer questions posted on the site about its palm kernel feed. But Fonterra has countered “they’ve never had an official Facebook page” and it doesn’t know who was running the one that was […]
From the burgeoning popularity of farmers’ markets and co-operatives to the revitalisation of community banking, people are organising to reclaim the economy from large profit-driven corporations and ‘too big to fail’ financial institutions. The small-scale and diversity of these local initiatives masks the immense potential they hold for addressing fundamental […]
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Painting by Anthony Freda: www.AnthonyFreda.com. A new Gallup poll shows that a majority of Americans view the government as too powerful and obtrusive. The poll found: – 59% of Americans now believe the federal government has too much power – 46% believe “the federal government poses an immediate threat to […]
On Saturday, an estimated 2,700 rightists marched through Tokyo’s main shopping district, decrying the government’s perceived weakness in the dispute with Beijing and calling for Chinese and Koreans to leave Japan. Several smaller anti-Chinese and anti-foreigner marches took place again Sunday… “If you are not tough enough to stand up […]
This video explores the historical critique of Usury, its prohibition and some alternatives. [youtube]Tks1giXGUgw[/youtube] Usury – the lending of money at interest has been condemned throughout history by noble people of ALL faiths (Hindus, Buddhists, Jews, Muslims, Catholics, Greeks). It makes the poor poorer and gives rise to the most […]