The Brooklyn Consensus

By Terry Morrone We’re in a class war and we’re losing. The rich are getting richer and everyone else is getting poorer. We’re abusing the planet through global warming and pollution. Unless we make radical changes, we’re heading for poverty, starvation and constant war. The whole world is in crisis, not just the United States. […]

Redefining "special interests"

The news in the Times this a.m. was chilling… Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism. But all over Europe governments with big budgets, falling tax revenues and aging populations […]

WORKING?

,Working, they said it is working. “It appears that the application of the subsea dispersant is actually working,” Doug Suttles, BP’s chief operating officer for exploration and production, said Saturday. “The oil in the immediate vicinity of the well and the ships and rigs working in the area is diminished from previous observations.” If I […]

Economist Tim Madden: The PIIGS Brief: understanding how oligarchs rig, then loot our economies. 2 of 4

source. Tim Madden is an economist with expertise on credit and banking. Tim and I are colleagues in lobbying government for public banking, with concentration in the US for state-owned banks (and here). The good news is that structural solutions to our economic controlled demolition are obvious and simple; and explained beautifully by many of […]

Economist Tim Madden: U.S./Canadian consumer interest calculation method is a monstrous fraud. 3 of 3

feel free to engage in comments at source. Tim Madden is an economist with expertise on credit and banking. Tim and I are colleagues in lobbying government for public banking, with concentration in the US for state-owned banks (and here). The structural solutions to our economic controlled demolition are obvious and simple; and explained beautifully […]

Economist Tim Madden: U.S./Canadian consumer interest calculation method is a monstrous fraud. 2 of 3

engage in comments at source. Tim Madden is an economist with expertise on credit and banking. Tim and I are colleagues in lobbying government for public banking, with concentration in the US for state-owned banks (and here). The structural solutions to our economic controlled demolition are obvious and simple; and explained beautifully by many of […]

Economist Tim Madden: U.S./Canadian consumer interest calculation method is a monstrous fraud. 1 of 3

Tim Madden is an economist with expertise on credit and banking. Tim and I are colleagues in lobbying government for public banking, with concentration in the US for state-owned banks (and here). The structural solutions to our economic controlled demolition are obvious and simple; and explained beautifully by many of America’s brightest historical minds. Tim’s […]

The nuclear bomb coming with your electric bill

Aletho News | February 25, 2010 Obama’s provision of $54 billion in loan guarantees to the nuclear industry will cost Americans much more than the probable 50% default rate that the Congressional Budget Office anticipates. While the federal government will guarantee the profits of investors, rate payers will suffer the inevitable rate hikes. Higher electric […]

Remember, You Heard It Here First!

Remember that old song, “Looking for Love in all the wrong places?” That song kind of reminds me of what’s going on in D.C. these days.   No, I am not talking about the latest round of adultery.  I mean the latest “bi-partisan” effort to control the public debt.  Debt is not inherently bad.  It can, […]