John Perkins talking: It’s fair to say that we economic hit men have managed to create the world’s first truly global empire. And it’s basically … Economic hit manRead more
Economics
Posted inEconomics / Oil
Record profit, but no tax
So, good news and bad news. The good news is, oil megacorporation ExxonMobil had such a profitable year in 2009, it contributed $15 billion to … Record profit, but no taxRead more
Posted inConservation / Economics / Global Warming / ToMl
GM’s Money Trees
Just 7 percent of the Brazil’s Atlantic forest remains, but it is still one of the Earth’s richest centers of biodiversity, home to a wealth … GM’s Money TreesRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
How Goldman Sachs survived
How banking giant Goldman Sachs survived the recession and came out on top of Wall Street. This year the bank is on course to surpass … How Goldman Sachs survivedRead more
Posted inEconomics / Plastic
Tax for plastic bag
The District’s 5-cent bag tax generated about $150,000 during January to help clean up the Anacostia River, even though residents have dramatically scaled back their … Tax for plastic bagRead more
Posted inEconomics / Financial crisis / Politics / ToMl / USA Empire
Wall Street and Its Backers on Capitol Hill Silenced Critics
The embattled CIT Group, a century-old commercial lender to thousands of small and medium-sized businesses, filed for Chapter 11 bankruptcy Sunday. It’s the fifth-largest bankruptcy … Wall Street and Its Backers on Capitol Hill Silenced CriticsRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
The Audacity of Greed
Many economists are claiming the nation’s worst recession since World War II may now be over. On Thursday, the government announced the US economy had … The Audacity of GreedRead more
Posted inEconomics / Social
Inequality in Britain
The richest 10% of British people are 100 times wealthier than the poorest 10%, new government research shows. The household wealth of the top decile … Inequality in BritainRead more
Posted inEconomics / Oil / USA Empire
Cost of US coasts
This graph, produced by Architecture 2030, is for the new oil offshore – it doesn’t break out the existing production offshore in the central and … Cost of US coastsRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
The Best Way to Rob a Bank
The Dow Jones Industrial Average topped 10,000 Wednesday for the first time in a year, as JPMorgan Chase reported massive profits in the third quarter. … The Best Way to Rob a BankRead more