Over the last few weeks James Corbett and I have been discussing US-NATO Gladio Operations in the Islamization and Terrorization of Central Asia- Caucasus, and the real lords of the booming Afghan heroin business. If you haven’t already, watch our video interview series: Part 1, Part 2, Part 3, Part 4 and Part 5.
Another in the series of interviews on the Renegade Economists radio show (Australia), a wide ranging analysis of the advantages to wealth that money printing and poor tax policy produce. Topics include land and housing policy, German gold repatriation, Occupy, Bradley Manning, Iran, Obama and Kruegar.
The White House
Office of the Press Secretary
For Immediate Release
March 8, 2013
Fact Sheet: Implementation of Export Control Reform
Today, the Administration announced two key steps to further the goals of President Obama’s Export Control Reform Initiative, which is a common sense approach to overhauling the nation’s export control system. President Obama signed an Executive Order today to update delegated presidential authorities over the administration of certain export and import controls under the Arms Export Control Act of 1976, Continue reading →
The members of UN Security Council have unanimously agreed to step up sanctions against North Korea, a month after the Communist state carried out a third nuclear test. Just hours ahead of vote, Pyongyang threatened what it called ‘aggressors’ with a pre-emtive nuclear strike in response to the ongoing U.S. joint military drills with South Korea.
The Harkin/Miller bill to increase the federal minimum wage to $10.10 by 2016 (in three years) still does not catch up with the federal minimum wage in 1968, adjusted for inflation, which should be at least $10.50 per hour in 2013.
Since 1968, worker productivity has doubled and all workers have received for this effort is a shrinking minimum wage. In other words, one Walmart worker today does the work that two Walmart workers did in 1968 and receives less pay, inflation adjusted, than either of those workers 45 years ago.
There is “capitalism” and then there is “really existing capitalism.”
The term “capitalism” is commonly used to refer to the U.S. economic system, with substantial state intervention ranging from subsidies for creative innovation to the “too-big-to-fail” government insurance policy for banks.
Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy.
Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of February 24-25th. His movement is now the biggest single party in the chamber of deputies, says The Guardian, which makes him “a kingmaker in a hung parliament.”