Economy

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.’

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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 […]

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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.

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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.

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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 […]

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Matt Taibbi: A Rare Look at Why the Government Won’t Fight Wall Street

Posted by on September 20, 2012 in Bankers & Wall St., Economy with 0 Comments
Matt Taibbi: A Rare Look at Why the Government Won’t Fight Wall Street

By Matt Taibbi (Rolling Stone) The great mystery story in American politics these days is why, over the course of two presidential administrations (one from each party), there’s been no serious federal criminal investigation of Wall Street during a period of what appears to be epic corruption. People on the outside have speculated and come […]

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Are You a Slave to Social Networking?

Are You a Slave to Social Networking?

This is not going to be an article bashing social networking or shouting from the rooftops that it’s from the devil.  No, I find it an extremely helpful, if not detrimental, modern-day tool.  I utilize it socially — to stay in touch with friends and family — and I use it for my business. Social […]

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Aussies Say No to Foreign ATM Fees

Written by on August 26, 2012 in Economy with 0 Comments
Aussies Say No to Foreign ATM Fees

Research conducted by the Reserve Bank of Australia has highlighted the $2 transaction fee for using foreign ATMs and noted the change in consumer behaviour, which has seen many consumers opting to walk out of pubs and restaurants to withdraw cash from ATMs, finding the changes puzzling. In light of other research that has found […]

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‘Austerity = poverty, adjustment = exploitation, growth = private profit’

Posted by on August 23, 2012 in Economy with 0 Comments
‘Austerity = poverty, adjustment = exploitation, growth = private profit’

“If you really want to understand the crises in Greece, you have to translate the political language that we hear all of the time… There are three words in economic crises which are used most commonly: austerity, adjustment (or reform), and growth. If you simply take the rhetoric, follow the policy, and look at the effects, you can actually translate the language into what it actually means. So, austerity means impoverishment; adjustment means exploitation; and growth means private profits.” – Gavin Marshall

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A Solution To Fix Our Corrupt Financial System

Posted by on August 16, 2012 in Bankers & Wall St., Economy with 0 Comments
A Solution To Fix Our Corrupt Financial System

The simple truth is our giant banking system is metastasizing throughout our economy. It’s sucking away our wealth. And it’s out of control.   CLN Editor’s Note: While we find this to be a viable and well-articulated position we do not necessarily agree with the author’s conclusion that this is the only way to fix […]

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