Brian Cowen last night finally admitted the €22bn of taxpayers’ money being pumped into Anglo Irish Bank won’t ever be seen again. [ … like a bank robbery in reverse … ] Mr Cowen was repeatedly quizzed by opposition leaders on the view of the nationalised bank’s chairman that the […]
Poverty
[… and not before time. ] For a few years, Latin America has increasingly been the focus of media attention. The main reason for this is the development in Venezuela, Bolivia and Ecuador. Three countries which had suffered under dictatorships or a long time are now treading new political paths. […]
[youtube]NWNnCMkw7iY[/youtube] ‘End the Fed’ Human greed is the monster that we cannot seem to kill It drives evil people to impose their evil will Ever since the beginning it has been the same way Michael and his angels against the demons of today Now the Federal Reserve Bank is the […]
The middle class has been systematically shackled by large amounts of debt, banking debt to be exact in a new form of financial serfdom. Much of this started in the early 1970s on par with the deficits don’t matter policy that engulfed our monetary policy for the next four decades. Like […]
The parts of the world hit hardest by the best-known Afghan business – the drug business – are Europe, Russia, and Iran, which absorb some 80% of the drugs produced in Afghanistan. Currently the country is responsible for 90% of the global narcotics output. Russia’s drug control agency chief V. […]
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Oliver Stone’s powerful new documentary about progressive change in Latin America is opening in the US this month. JFP President Mark Weisbrot co-wrote the script. The trailer is here: [youtube]76IxxapAHQo[/youtube]
While individuals, businesses and governments suffer from a credit crisis created on Wall Street, the banks responsible for the crisis are tapping into nearly-interest-free credit lines and using the money to speculate or to make commercial loans at much higher rates. By forming their own banks, states too can tap […]
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