The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
1% Wall Street sales tax solution to stablize US federal budget: This would work!! In the midst of the current haggling over the US federal budget, the main fact is being ignored: the fiscal shortfall of the US government over decades is largely due to Wall Street’s rigging of the tax code so that the …
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When it costs more to be poor – Fed and government shifting inflation onto rent, medical care, and food. QE3 to widen the gap between the poor and the wealthy. Inflation has been picking up since the recession ended in 2009. The problem with the CPI increasing year over year with no rise in household …
The 1 Percent’s Problem Why won’t America’s 1 percent—such as the six Walmart heirs, whose wealth equals that of the entire bottom 30 percent—be a bit more . . . selfish? As the widening financial divide cripples the U.S. economy, even those at the top will pay a steep price. By Joseph E. Stiglitz, Vanity …
Continue reading “John Steiner: Joseph Stiglitz on 1% Problem and 1% Solution”
The Top Twelve Reasons Why You Should Hate the Mortgage Settlement Yves Smith, Naked Capitalism, 9 Feb 2012 As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets (New York …
According to the following article, this is the fifth time that the Minnesota Vikings have tried to shove a new $1 billion stadium down the throats of Minnesota taxpayers. Minnesota Vikings Stadium Plan: Saddle Taxpayers With $1 Billion Field Ron Dicker Huffington Post, 7 February 2012 EXTRACT: A fifth plan for a $1 billion stadium …
For God So Loved the 1 Percent… By KEVIN M. KRUSE New York Times, 17 January 2012 EXTRACT: Realizing that they needed to rely on others, these businessmen took a new tack: using generous financing to enlist sympathetic clergymen as their champions. After all, according to one tycoon, polls showed that, “of all the groups …
Continue reading “Bojan Radej: God Loves the 1% – They Tell Us So”
