Michael Greenberger: If somebody understood the economic issues and explained them to the American people, you could easily be elected president by saying you’re going to put an end to the Wall Street hijinks
Posts tagged ‘finance’
The Bill Black Financial and Fraud Report
by n0madic, posted on Friday, October 5th, 2012 at 9:39 pmfrom The Real News Network
Bill Black: Obama susceptible to attack by Romney because he failed to deal with systemic risk to financial system – even though Romney would be worse
Financialization and the World Economy
by n0madic, posted on Sunday, September 30th, 2012 at 7:36 pmGerald Epstein, Political Economy Research Institute, and Department of Economics, University of Massachusetts, Amherst): Financialization of the economy has been developing since the late 19th century and is now at historic Levels
Richard Wolff: Spain & Greece – Is This What Collapse Looks Like?
by n0madic, posted on Friday, September 28th, 2012 at 7:52 pmfrom The Big Picture with Thom Hartmann (RT)
Richard Wolff, economist & visiting professor in the Graduate Program for International Affairs, New School University, joins Thom Hartmann. Workers in Greece went on strike Wednesday to protest another round of spending cuts under consideration by the Greek government. Public employees, teachers, medics, lawyers, and even banksters walked off their jobs and took to the streets to protest salary and pension cuts. It’s the first such strike since the new Conservative government took power in June. Yet the Greek government today unveiled it’s new austerity budget pledging to cut $11.5 billion over the next several years. So what will this latest round of cuts due to a nation that is already collapsing under the banksters demands?
The Bill Black Financial and Fraud Report
by n0madic, posted on Friday, September 28th, 2012 at 8:07 amLondon and Wall Street in a dangerous competition to create a more unregulated environment for finance
German Economy and European Crisis
by n0madic, posted on Wednesday, September 26th, 2012 at 12:16 pmGerman Left Party Vice-President Sahra Wagenknecht on wage repression in Germany and the European Stability Mechanism
Will Obama, the Fed’s QE3 or Romney’s “Smaller Government” Create Jobs?
by n0madic, posted on Tuesday, September 25th, 2012 at 11:12 amLeo Panitch and Sam Gindin (authors of The Making of Global Capitalism: The Political Economy of American Empire): As long as effective demand remains low and banks demand austerity to protect their assets, the crisis will deepen.
Part Two: The Crisis and Who Has the Power
Major structural change or effective short term reforms requires addressing democratic decision making starting with making banks a public utility.
Quadrillion Dollar Derivatives Market 20 Times Global GDP
by n0madic, posted on Tuesday, September 25th, 2012 at 10:36 amMarkus Stanley (Policy Director, Americans for Financial Reform): Derivative bets not a zero sum game, have far reaching real world consequences
Bill Black Report: Race to the Regulatory Bottom
by n0madic, posted on Thursday, September 6th, 2012 at 7:24 amBill Black: Wall Street wants to compete with London for lack of financial regulation,
Bill Black Report: Majority of Wall Street Money Now Goes to Romney
by n0madic, posted on Sunday, September 2nd, 2012 at 10:21 amBill Black: Even though many on Wall Street understand need for regulation, most want a free-for-all and damn the consequences
