Thursday 16 February 2012

What We Owe to Each Other

Panorama - Poor America (BBC, 2012)

Max Keiser: Financial holocaust looms as Germany storms Greece

Inside Job

Newsnight on 'Responsible Capitalism', Prof Eric Hobsbawm

The true value of money – or why you can't fart a crashing plane back into the sky

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THOUGHT FOR THE DAY

"Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, 'Account overdrawn.' " Ayn Rand [1905-1982]

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Tuesday 7 February 2012

How £50m in UN food aid for starving went to buy wheat from Glencore

Debt-Based Money & Banking: Where Does Money Come From?

Rich London, poor London – a tale of two cities

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States seek currencies made of silver and gold

Rule by the Rich, For the Rich??

Anonymous Donors Pay Off Layaway Bills At Janesville K-mart

‎"Layaway" - A system of paying a deposit to secure an item for later purchase.

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Thursday 2 February 2012

6 Shocking Ways Capitalism Is Failing Working America

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How Big Banks are Rewriting the Rules of our Economy

Ben Jennings cartoon depicting Barclays role in food speculation

Will the Young Rise Up and Fight Their Indentured Servitude to the Student Loan Industry?

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Philanthropy is the enemy of justice

Firms resort to credit cards to pay bills

Massive Pay Packages for Execs Who Got Taxpayer Bailout Money