Seven years ago the mega-bank HBOS, a merger of Halifax and Bank of Scotland, ran out of money after a huge and rapid expansion in … Why we need new types of banksRead more
Economics
Posted inEconomics / Government / Military / Snowden / Terrorism / ToMl / USA Empire
“Shameless” U.S. Officials
French authorities say the alleged mastermind behind last week’s Paris attacks has been killed. Abdelhamid Abaaoud, a Belgian national, is said to have died in … “Shameless” U.S. OfficialsRead more
Posted inEconomics / ToMl
Argentina Shows Greece There May Be Life After Default
When, five years ago, Greece’s crisis began, Europe extended a helping hand. But it was far different from the kind of help that one would … Argentina Shows Greece There May Be Life After DefaultRead more
Posted inEconomics / Renewable / ToMl
To run US on 100% renewable energy
It is technically and economically feasible to run the US economy entirely on renewable energy, and to do so by 2050. That is the conclusion … To run US on 100% renewable energyRead more
Posted inEconomics / Greece / ToMl
Why No Means Yes
Greece Rejects the Troika. Where Do We Go From Here? Just after 7 PM Greek time on Sunday, I was told that the “No” vote … Why No Means YesRead more
Posted inEconomics / Greece / ToMl
Behind the Greek Crisis
The usual narrative of the Greek economic tragedy is that the country is paying for its past profligacy, but there is deeper back story of … Behind the Greek CrisisRead more
Posted inEconomics / ToMl
Reconsidering public wealth
Politicians often fail to understand the fundamental difference between household economics and the national economic system. The difference exists because households have to manage as … Reconsidering public wealthRead more
Posted inCrime / Economics / Medicine / News
Ex-Hedge Funder Martin Shkreli Arrested for Ponzi-Style Securities Fraud
The former hedge fund manager who sparked national outrage after he hiked the price of a life-saving drug by more than 5,000 percent has been … Ex-Hedge Funder Martin Shkreli Arrested for Ponzi-Style Securities FraudRead more
Posted inEconomics / Greece / ToMl
An Act of Treason against the Greek People
After having launched a Referendum to refute and refuse the debt bailout agreement put together by the Troika, Prime Minister Tsipras together with his newly … An Act of Treason against the Greek PeopleRead more
Posted inEconomics / Politics / ToMl / USA Empire
Protest at fundraiser for Gov. Cuomo
While Puerto Rico’s 3.5 million residents continue to face a frightening government default on its debt, a group of New York hedge fund executives will … Protest at fundraiser for Gov. CuomoRead more