At the G20 Economic Forum in Pittsburg last September, President Obama said his administration would combat climate change by phasing out the government’s grandiose subsidies … Pushing fossil fuel subsidesRead more
Economics
Posted inBank / Debt / Economics / Financial crisis / USA Empire
Former Wells Fargo Subprime Loan Officer, now works in foreclosure defense
Wells Fargo was one of the top ten subprime lenders in the country and is among the top recipients of taxpayer-funded bailout money under the … Former Wells Fargo Subprime Loan Officer, now works in foreclosure defenseRead more
Posted inEconomics / Financial crisis / USA Empire
What Obama meant by CHANGE
Many of the lenders that helped fuel the housing crisis by issuing risky subprime loans are now lining up to receive more than $21 billion … What Obama meant by CHANGERead more
Posted inEconomics / Social
Supermarkets spell the end of civic life
supermarkets have been linked with a decline in civic life and the closure of those very institutions that the Big Society claims to promote. When … Supermarkets spell the end of civic lifeRead more
Posted inEconomics / Latin America / Politics / Social / Water
Water wars
High up in the Andean valley, 8,000 feet above sea level, lies Cochabamba, Bolivia. The name, Khocha Pampa, from the indigenous Quechua, means swampy plain. … Water warsRead more
Posted inEconomics / Oil / Politics / USA Empire
Obama Approves $3 Billion for Exxon
Undermining its own credibility in Copenhagen and the integrity of its pledge to phase out support for fossil fuels, an agency of the Obama Administration, … Obama Approves $3 Billion for ExxonRead more
Posted inAfrica / Economics / Fossil fuel / Neocolonialism / USA Empire
African Development Hindered by Vast US Corporate Interests in Continent’s Land, Resources
As Secretary of State Hillary Clinton visits Nigeria today, we turn to the issue of US corporate interests in Africa’s natural resources. Clinton’s seven-country tour … African Development Hindered by Vast US Corporate Interests in Continent’s Land, ResourcesRead more
Posted inCapitalism / Economics / Social / USA Empire
Fordlandia
Fordlandia was the centerpiece town of a land grant concession, two-and-a-half million acres. It was the size of a small American state—Connecticut or Delaware, sometimes … FordlandiaRead more
Posted inEconomics / Social
“We have to accept inequality”
Lord Griffiths, a Conservative peer and vice-chairman of investment Goldman Sachs, spoke out in favour of big bonuses on friday. “We have to accept that … “We have to accept inequality”Read more
Posted inCrime / Economics / USA Empire
The Smartest Guys in the Room
Bernard Madoff, the convicted mastermind behind one of the biggest financial frauds in US history, was ordered Monday to serve 150 years in prison, the … The Smartest Guys in the RoomRead more