jobs
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I pay this price for you: Haiti is open for business on top of our decomposed dead bodies, on top of our crushed bones…
16-months later they still haven’t stop counting collected donation profits, anticipating more huge returns. Panting, salivating for more Haiti crisis, more cholera outbreaks, more back-to-back hurricanes, more calculated or imposed Haiti instability, more such business opportunities. Continue reading
earthquake, Ezili Danto, Haiti, Health, HLLN, Hollywood, jobs, NYT, Obama, sweatshop, UN, World Bank -
A Tale of Two Economies: Skyrocketing Stock Market for the Rich, Devaluation of Work for the Rest
The rich are making out like bandits in the booming Wall Street economy that is based on profits squeezed out of firing workers, lowering net wages (adjusted for inflation), and outsourcing jobs to exploited labor overseas. There is no crisis in the top 1%; there is only increasing wealth. In that second economy, the financial… Continue reading
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‘Do some research!’ Christine Assange steamrolls Western journalism
Julian Assange’s mother slammed Western media’s lack of research and grasp of basic facts in an interview with Australian television, as the host tried to get her to “address the allegations” of free speech suppression in Ecuador. Continue reading
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IT’S TAX TIME: IS IT TIME TO OCCUPY THE IRS? By Danny Schechter
Back in the day, the government used IRS investigations to threaten political activists and intimidate activists that paid their taxes as opposed to those who became tax resisters to refuse to pay for wars. Continue reading
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Video: Libyan rebels cage black Africans in zoo, force feed them flags
A shocking video has appeared on the Internet showing Libyan rebels torturing a group of black Africans. People with their hands bound are shown being locked in a zoo-like cage and allegedly forced to eat the old Libyan flag. Continue reading
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Hungary: The gallows of capitalism By Timothy Bancroft-Hinchey
To call Hungary the gallows of capitalism is as right as calling it the gallows of human decency. Recently, the Hungarian Parliament legislated that homelessness is a criminal activity, meaning that those forced to live on the streets, through no fault of their own, can be thrown into a jail and be locked away. So… Continue reading
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UK: The People versus The Big 6 #endtheenergyfix
Yesterday EDF, one of the big six energy firms, announced a yearly profit of £2.5 Billion. This vindicates our claim that the big six are making excessive profit. While many freeze, a few profit. It’s now time they paid a levy to redress this balance. In response to these obscene profits we need your help… Continue reading
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Apple’s China Comes Home to Haunt Us By Robert Scheer
Four decades ago Richard Nixon, a once famously hawkish Republican president, cut a deal with the Communist overlords of China to reshape the world. The result was a transformation of the global economy in ways that we are only now, with the sharp critiques of Apple’s China operation, beginning to fully comprehend. Continue reading
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Abstractions Versus the “Real World”: Economic Models and the Apologetics of Greed By Prof John Kozy
Economists build models by subtracting from reality the characteristics they deem unessential to the economic situations they model. The result is a bare bones description consisting of what economists deem economically essential. Everything that is discarded (not taken into consideration in the model) is called an “externality.” So the models only work when the externalities… Continue reading
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Abstractions Versus the "Real World": Economic Models and the Apologetics of Greed By Prof John Kozy
Economists build models by subtracting from reality the characteristics they deem unessential to the economic situations they model. The result is a bare bones description consisting of what economists deem economically essential. Everything that is discarded (not taken into consideration in the model) is called an “externality.” So the models only work when the externalities… Continue reading
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NYT, SOPA and Internet Factchecking
Remember last week’s uproar about the New York Times and factchecking? In today’s paper, we see a great example of how this works. Continue reading
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Stop NATO News: January 2, 2012
2 January 2012 — Stop NATO NATO Quint States To Sign Strategic Pacts With Afghanistan Pakistani Parliamentary Committee Deliberates On NATO Strike NATO Forces To Participate In First Drill In Israel Huntsville: From Missile City To Pentagon Of The South Russia To Modernize 60 MiG Interceptor Aircraft Continue reading
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A history lesson By William Bowles
The history of capitalism is the history of continuous revolutions in production: from the rural to the city; from cottage industry to factory; and finally from factory to ‘outsourcing’, the rise of the ‘service’ industry, de-industrialization and the financialization of capital. The end of an economy based on actual production and along with it, the… Continue reading
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Taking on the Military Keynesians By Mark Engler
More than 40 years ago, long before anyone had ever heard of Barack Obama, before the collapse of Bear Stearns, and before contemporary debates about bailouts and debt ceilings, two authors, Paul Baran and Paul Sweezy, considered a tricky problem. In times of downturn, the government must spend to stimulate the economy. Continue reading
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Class action: OWS first salvo in US class war? — RT
A class war once seemed impossible in a country where being wealthy is part of the national dream. But as thousands march on Wall Street and in other parts of America, digging in with anti-corporate protests, many ask whether US is facing one. Continue reading
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The Triumph of Capitalism: Jobless Nations By Prof. John Kozy
The Obama administration is intent on applying supply side principles to get the American economy out of the present recession, but supply side principles are based on the belief that if the government cuts taxes on the wealthy, they will invest their savings in new factories, that newly hired workers will increase employment, and that… Continue reading
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Independence for England? By Craig Murray
The Osborne theory – that public sector employment ‘crowds out’ private sector employment, and cutting public sector jobs will somehow automatically increase the production of private sector jobs – appears, in this large scale example in the actual UK economy – the opposite of the truth. Cutting public sector jobs cuts private sector jobs too.… Continue reading
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What Should the Verizon Strikers Do? By Dave Stratman
Billionaire Warren Buffett said, “There is a class war in this country, and my class is winning.” These 45,000 Verizon employees, members of the CWA and IBEW, are on the front lines of the class war. They are fighting for us all. Continue reading
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PA, Israel host fake peace rally | Palestine as neoliberal laboratory | UK bans settler rabbi | And more …
15 August 2011 — UPDATE FROM THE ELECTRONIC INTIFADA RECENT BLOG POSTS ON THE ELECTRONIC INTIFADA: Continue reading