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A perverse system arose out of the interaction of deregulation of the financial system and polarization of asset distribution. As a result, a reform of the financial system can only be part of the repair of the system. Wage policy is another area that needs repair. When wages grow again with productivity, an economic balance will be possible.
Thom Hartmann speaks in Portland, April 26, on Ending Corporate Dominance
The Oregon Progressive Party welcomes back to Portland its former resident, Thom Hartmann, internationally syndicated talk show host and New York Times bestselling author of 24 books. Thom will speak on April 26 at the First Unitarian Church in downtown Portland on the movement to amend the Constitution for the 28th time to remake American democracy to reflect the desires of We, the People instead of We, the Corporations.
A particularly harsh brand of capitalism was instituted via shock therapy in Poland, against the repeatedly expressed will of Poles. Unemployment, severe wage cuts and a growth in poverty were the results, just as with today's austerity programs.
For around three decades, a Troika from Wall Street, the US Treasury Department and the Federal Reserve pushed global (capital) investments with a mixture of tax cuts, cheap credits and overrated securities. The world economy is plagued by an excess of uncollectable debts as well as over-capacities and demand weakness. Is there a political way out?
For ten years, Jonathan Frieman traveled in the High-Occupancy Vehicle (HOV) lanes in northern California alongside legal papers of one of his non profit corporations — the JoMiJo Foundation.
And for ten years, no police officer stopped him.
Then on October 2, 2012, Frieman was driving in Marin County's carpool lane when he was pulled over by California Highway Patrol.
Officer Troy Dorn issued Frieman a citation for violating California's HOV, aka carpool, regulations.
Corporations can be seen as associations of citizens, creations of the state that can be dissolved or persons. The US economy has changed from a Fordist economy of assembly lines to a financialized economy with dubious financial products and speculative betting. Real and nominal taxes are very different. According to Sen Carl Levin, corporations pay between 12-14% in taxes.
(51 mins.) http://www.youtube.com/watch?v=hH6UynI5m7Y
British filmmaker Temujin Doran has released a new movie that is based on the book "The Death of the Liberal Class" by Truthdig columnist Chris Hedges. The film, titled "Obey," explores the rise of the corporate state and the future of obedience in a world filled with unfettered capitalism, worsening inequality and environmental changes.
Smoke a joint- GO TO JAIL
A community meeting was held at Montgomery Park for the Portland City Budget Meeting on 4.11.13
This is short out-take clip from the full video - recorded in the lobby prior to the meeting.
The room was packed and many people were able to speak for (1)one minute with their concerns.
http://youtu.be/rRBkXVk2DH4 [5:49 min video] from 4/11/13
Maggie,a tyrant for the rich.
A strong woman for the wrong reasons?
Moniz has worked as a long-time corporate consultant for BP. He has also received the "frackademic" label for his time spent at Massachusetts Institute of Technology (MIT). At his MIT job, Moniz regularly accepted millions of dollars from the oil and gas industry to sponsor studies under the auspices of The MIT Energy Initiative, which has received over $145 million over its seven-year history from the oil and gas industry.
As first revealed on DeSmogBlog, Moniz is also on the Board of Directors of ICF International, one of the three corporate consulting firms tasked to perform the Supplemental Environmental Impact Study (SEIS) for TransCanada's Keystone XL (KXL) tar sands pipeline. KXL is slated to bring tar sands - also known as "diluted bitumen," or "dilbit" - from Alberta to Port Arthur, TX, where it will be sold to the highest bidder on the global export market.
This article focuses on seven errors and seven remedies of the financial crisis. The financial crisis was also a crisis of easy money. For years and again today, speculators exploited the situation that money was and is very easy to borrow in some states like the US and Japan, Financial bubbles arise The Federal Reserve stimulates the economy with cheap money and low interest.
I keep repeating this because my ability to type is severely limited, so here it is again:
I am not for "communism." The present economic disaster has come about because everybody ignored the obvious fact that a nation that allows 1% to own almost everything, while 99% own almost nothing, cannot be free. The 1% exists because they have have accumulated so much power that they do not get taxed at all. Meanwhile, people with normal jobs, even minimum wage jobs (few are informed of this) are required to give up at least 25% of their income to taxes!
Corporations, "study" authors push an agenda to privatize the Postal Service that will benefit themselves while cutting jobs and wages.
Just like any of the other so-called next-generation trade and investment deals, CETA is based on the failed NAFTA model with the same false promises. These secretive and binding international agreements are not really about trade, but are in fact designed to reshape regulatory and policy frameworks to further increase the rights of corporations and investors.
If you're a capitalist (or member of the terrorist-employer class), you get a Get-Out-of-Jail-Free card.
In a world that is ambivalent and dialectical, yes and no at once, let us strive to see the good and encourage or put courage in one another.
We live from those who live out resistance, solidarity and nonviolence, who say No to hypocrisy and barbarism, to empire and market fundamentalism and who envision a world of access not excess and enough not more.
The proposed seizure of a big chunk of every ordinary Cypriot depositors' accounts, in the guise of a one-time "tax," was shocking even by the standards of the Euro Zone's overlords: the International Monetary Fund, European Central Bank and European Commission. The original diktat to finance new lines of credit for Cyprus's over-extended banks called for snatching 6.75 percent of the cash of customers with balances below 100,000 euros ($129,500), and 9.9 percent above that threshold. When the public went berserk, it was proposed that depositors with 20,000 euros or less be spared - but Cypriot lawmakers balked. The banks are now closed, to prevent people from withdrawing their money. But Europe's ruling triumvirate at the bankers' lair in Brussels continues to demand that the public-at-large pay to keep the global criminal financial enterprise humming, or be starved out. "In the absence of this measure, Cyprus would have faced scenarios that would have left deposit-holders significantly worse off," they said - disaster banksterism.
Last week, David Naylor, the president of the University of Toronto, made a speech to Empire Club of Canada members about what he describes as educational zombies — government and industry calls for more job-specific education at universities and more research aligned with industry needs.
FOUNDER of THE CENTER FOR MEDIA DEMOCRACY, John Stauber is an independent writer, organizer and activist. Stauber will speak in Portland Tuesday, March 19th @7pm at the First Congregational Church as part of the 2013 Illahee Lecture Series: Who Owns You? And What Can You Do About It?
The question of who owns, controls and/or manages production and distribution is what will be decisive. Venezuela's economy remains mostly in the hands of capitalists, and that represents a threat to the Bolivarian Revolution.
Politics forces crises and prevents their ending every day by holding to its ideological blinders. The state is not a private household and spending cuts always strike back on other actors of the national economy. Every form of austerity policy always leads to declining aggregate demand. When theory and reality diverge, the theory is wrong, not the reality.
Part history lesson and part heart-felt call to action,?the forum focuses on how activists all over the country can join the national movement against Corporate Personhood. Ashley Sanders, National Move to Amend spokeswoman, provides information about the corporate take over of our democracy and shows how local action in communities across the United States can curtail the power of corporations through grassroots mobilization.
The history lesson on corporate machinations during the birth of our country about 8 minutes into the video is particularly illuminating.
Creating Democracy and Challenging Corporate Rule
The world's billionaires added $800 billion to their already obscene wealth in one year at the same time that tens of millions of people in the United States — not to mention billions of others around the world — go hungry.
The Trans-Pacific Partnership, an 11-country trade negotiation intended to go well beyond NAFTA, appears to the be model for proposed United States-European Union trade agreement.
As a result of the efforts of the "progressive modernizers,"
for whom modernization "has too often meant deregulation
and privatization," social democracy is no longer what it used
to be, argues Robert Taylor (2008). "
In the coming months, you can expect the anti-corporate globalization movement on both sides of the Atlantic to mobilize against the U.S.-EU trade agreement. It is big business and financial institutions who are pushing this deregulation agenda which threatens health, environmental and food safety standards. Just like NAFTA, the proposed U.S.-EU trade deal is also likely to include an investor-state dispute process which would give corporations the right to challenge government policies that restrict their profits.
Through their business models and dubious financial products, the banks helped in the eruption of the crisis. But firstly this does not apply to all banks and secondly this was only possible after other actors - politicians, borrowers and investors - joined in the game.
Comparisons with Other Countries: Americans pay a smaller proportion of total income in taxes than do people in any other advanced capitalist economy. As recently as the late 1960s, taxes accounted for as high a share of national income in the United States as in Western European countries. After decades of tax cuts, however, the United States now stands out...
The Caritas study blames the austerity programs for the impoverishment of children. The austerity programs failed since poverty expands and crisis countries cannot really reduce their deficits. A new prioritization and an even distribution of the burdens of the debt crisis are demanded. The organization warns of several lost generations in Europe.
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