Economy

Red Dragon Rising: China To Overtake US As Top Economic Superpower [video]

Posted by on November 11, 2012 in Economy with 0 Comments
Red Dragon Rising: China To Overtake US As Top Economic Superpower [video]

The Organisation for Economic Co-operation and Development (OECD) out of Paris writes in a new report that China will be the world’s leading nation in terms of economy in just four years’ time, with other BRICs nations likely to usurp the current top dogs during the next few decades as well.

Continue Reading

Wall Street, Your Worst Nightmare Just Won The Massachusetts Senate Race

Posted by on November 7, 2012 in Bankers & Wall St., Economy with 0 Comments
Wall Street, Your Worst Nightmare Just Won The Massachusetts Senate Race

Elizabeth Warren has taken Scott Brown’s Senate seat in Massachusetts, news outlets are projecting.

Continue Reading

Treasury Quietly Warns: ‘Expect Debt Limit to Be Reached Near End of 2012,’ Warns ‘Extraordinary Measures’ Will Be Needed

Posted by on November 7, 2012 in Economy with 0 Comments
Treasury Quietly Warns: ‘Expect Debt Limit to Be Reached Near End of 2012,’ Warns ‘Extraordinary Measures’ Will Be Needed

The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year–which means before the new Congress is seated–and that “extraordinary measures” will be needed before then to keep the government fully funded into the early part of 2013.

Continue Reading

Ron Paul: No More Bailouts! Banks Should Be Allowed to Fail [video and transcript]

Posted by on October 30, 2012 in Economy with 0 Comments
Ron Paul: No More Bailouts! Banks Should Be Allowed to Fail [video and transcript]

Ron Paul: Congress and the Fed are directly responsible for millions of shattered lives, and almost unknowable economic damage in the form of trillions of dollars in mortgage backed securities… All of the bad mortgage debt must be liquidated, whether via foreclosure or bankruptcy. Banks holding substantial mortgages or mortgage backed assets must face the music and adjust their balance sheets to reflect today’s reality. Undoubtedly this will force many banks into immediate insolvency, but such banks must be allowed to fail without receiving another nickel of taxpayer money.

Continue Reading

37 Facts About How Cruel This Economy Has Been To Millions Of Desperate American Families

Posted by on October 28, 2012 in Economy with 0 Comments
37 Facts About How Cruel This Economy Has Been To Millions Of Desperate American Families

Over the past decade, things have steadily gotten worse for American families. Poverty and government dependence continue to rise. The following are 37 facts that show how cruel this economy has been to millions of desperate American families…

Continue Reading

Violent Clashes Erupt As Tens Of Thousands Protest Austerity In Italy [video]

Posted by on October 28, 2012 in Economy with 0 Comments
Violent Clashes Erupt As Tens Of Thousands Protest Austerity In Italy [video]

Violent clashes erupted between police and protesters in the northern Italian town of Riva del Garda as tens of thousands took to the streets of Italy in a nationwide anti-austerity demonstration dubbed ‘No Monti Day.’

Continue Reading

From Tyranny To Freedom – How To Fix Our Broken Economic System [video]

Posted by on October 21, 2012 in Economy with 3 Comments
From Tyranny To Freedom – How To Fix Our Broken Economic System [video]

The video, From Tyranny To Freedom, details the problems in our current economic system and how a society can legally take back and retain control of its economic system for the good of the people and the productive advancement of society. From the creator of this video: My name is Barry Fitzgerald, living in Cork […]

Continue Reading

How Corporations Are Crippling U.S. Prosperity – Interview With Pulitzer Prize Winning Author David Cay Johnston

Posted by on October 16, 2012 in Corruption, Economy with 2 Comments
How Corporations Are Crippling U.S. Prosperity – Interview With Pulitzer Prize Winning Author David Cay Johnston

In essence, you’re being ripped off, and those responsible are taking everyone’s money while assuming very little risk. A dearth of competition in major U.S. industries and a government that’s policy making has been severely corrupted by moneyed interests has led to depressed wages and stifled innovation, a Pulitzer Prize-winning journalist says in a new book.

Continue Reading

Atlas Exploited: The Clever Hoax of Ayn Rand

Posted by on October 14, 2012 in Conscious Evolution, Economy with 0 Comments
Atlas Exploited: The Clever Hoax of Ayn Rand

By Sanjay Sanghoee | Huffington Post Just when you thought it was safe to wade back into the fiscal waters of a civilized country, Ayn Rand and her school of extremist acolytes is back to take a big bite out of our economic well-being, led by the ideologically entrenched Republican contender for Vice President. We may as […]

Continue Reading

Compost Capitalism and Grow a Real Economy

Written by on October 11, 2012 in Conscious Evolution, Economy with 0 Comments
Compost Capitalism and Grow a Real Economy

Capitalism is a lower consciousness that serves only the few at the expense of the many. Once lauded as the utopic path to a consumeristic, ‘heavenly’ abundance, it is now clear to most that radical change is due. Not only is it damaging our planet, it lowers our collective vibration and limits evolutionary potential. Everything […]

Continue Reading

There Is No Hyperinflation in Iran — The Real Story Is Much More Interesting

Posted by on October 7, 2012 in Economy with 0 Comments
There Is No Hyperinflation in Iran — The Real Story Is Much More Interesting

Matthew Boesler | Business Insider Contrary to reports, there is no hyperinflation in Iran right now at all. In fact, the Western sanctions imposed on Iran’s oil trade are failing miserably to meet their objectives. And a regime collapse – or even, coming short of that, another popular uprising reminiscent of June 2009 – seems further […]

Continue Reading

How Americans Waste Over $1 Trillion Every Year

Posted by on October 1, 2012 in Economy with 1 Comment
How Americans Waste Over $1 Trillion Every Year

CLN Editor’s Note: To put this list in perspective, consider that the estimated annual cost to end world hunger is about $50 billion. This is roughly what American spend on alcohol each year. Just something to think about.   __________________________ 13 Ways Americans Throw Away Money   Jill Krasny, Gus Lubin and Shlomo Sprung (Business Insider) Blame the […]

Continue Reading

Income Inequality Greater Than In 1774

Posted by on September 28, 2012 in Economy with 0 Comments
Income Inequality Greater Than In 1774

A string of historical studies shames current U.S. income distribution   BY NATASHA LENNARD     (AlterNet) In the past year a steady stream of articles has trumpeted the gravity of current U.S. income inequality levels. We’ve not seen these levels of wealth inequality since before the Great Depression, analysts remark. The Roman Empire, one studyargued, was […]

Continue Reading

Ron Paul’s Hearing on “The Price of Money: Consequences of the Federal Reserve’s Zero Interest Rate Policy” [video]

Posted by on September 22, 2012 in Economy with 0 Comments
Ron Paul’s Hearing on “The Price of Money: Consequences of the Federal Reserve’s Zero Interest Rate Policy” [video]

Each infusion of credit by the Fed distorts the structure of the economy, damages the important role that interest rates play in the market, and erodes the purchasing power of the dollar.

Continue Reading

U.S. Income Gap Between Rich, Poor Hits New High

Posted by on September 22, 2012 in Economy with 0 Comments
U.S. Income Gap Between Rich, Poor Hits New High

By Don Lee   (Los Angeles Times) WASHINGTON — The U.S. poverty rate leveled off last year for the first time since the Great Recession, but the halting recovery deepened the financial pain for middle-class families and pushed to a new high the income gap between the country’s richest and poorest citizens. The number and share […]

Continue Reading

FAIR USE NOTICE. Many of the stories on this site contain copyrighted material whose use has not been specifically authorized by the copyright owner. We are making this material available in an effort to advance the understanding of environmental issues, human rights, economic and political democracy, and issues of social justice. We believe this constitutes a 'fair use' of the copyrighted material as provided for in Section 107 of the US Copyright Law which contains a list of the various purposes for which the reproduction of a particular work may be considered fair, such as criticism, comment, news reporting, teaching, scholarship, and research. If you wish to use such copyrighted material for purposes of your own that go beyond 'fair use'...you must obtain permission from the copyright owner. And, if you are a copyright owner who wishes to have your content removed, let us know via the "Contact Us" link at the top of the site, and we will promptly remove it.

The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Conscious Life News assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms.

Paid advertising on Conscious Life News may not represent the views and opinions of this website and its contributors. No endorsement of products and services advertised is either expressed or implied.
Top

Send this to friend