Irrespective of nationality, religion, race, or gender; whether stinking rich, desperately poor, or somewhere in between, happiness is the one thing everyone is seeking – consciously or not.
The policy of guaranteeing every citizen a universal basic income is gaining support around the world, as automation increasingly makes jobs obsolete. But can it be funded without raising taxes or triggering hyperinflation? In a panel I was on at the NexusEarth cryptocurrency conference in Aspen September 21-23rd, most participants said no. This is my rebuttal.
THE SOCIALIST German playwright Bertolt Brecht once wrote that “famines do not simply occur; they are organized by the grain trade.”
A similar observation could be made about Puerto Rico today. Replace “famine” with “natural disaster,” and the “grain trade” with “U.S. colonialism,” and you have a succinct summation of the human disaster that is unfolding on the island today.
The pressures of modern life are colossal; for young people — those under 25 years of age — they are perhaps greater than at any other time. Competition in virtually every aspect of contemporary life, a culture obsessed with image and material success, and the ever-increasing cost of living are creating a cocktail of anxiety and self-doubt that drives some people to take their own lives and many more to self-abuse of one kind or another.
with Chris Hedges
RT America on Sept 24, 2017
President of the Republic of Namibia, Dr. Hage Geingob, discusses how his country, which achieved independence from neighboring apartheid South Africa in 1990, is now fighting for justice and economic emancipation from global banks, corporations and foreign governments seeking to extract the developing country’s natural resources.
The monster of economic waste—over $7 trillion of dictated stock buybacks since 2003 by the self-enriching CEOs of large corporations—started with a little noticed change in 1982 by the Securities and Exchange Commission (SEC) under President Ronald Reagan. That was when SEC Chairman John Shad, a former Wall Street CEO, redefined unlawful ‘stock manipulation’ to exclude stock buybacks.
RT on Aug 9, 2017
In this episode of the Keiser Report Max and Stacy discuss the coming sequel to the global financial crisis and the bond bubble warnings from Alan Greenspan. In the second half Max interviews Dr. Michael Hudson about Trumponomics, anti-trust, repeat banking offenders and his father’s proverbs.
Excerpted from Chapter 1 of Blackshirts and Reds
While walking through New York’s Little Italy, I passed a novelty shop that displayed posters and T-shirts of Benito Mussolini giving the fascist salute. When I entered the shop and asked the clerk why such items were being offered, he replied, “Well, some people like them. And, you know, maybe we need someone like Mussolini in this country.” His comment was a reminder that fascism survives as something more than a historical curiosity.
TheRealNews on Aug 4, 2017
Rising stock prices is not an indicator of financial health like Trump would have you believe, specially when you examine who is buying that stock, says economist Michael Hudson, the author of Killing the Host: How Financial Parasites and Debt Destroy the Global Economy.