taxes
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Disaster Capitalism in Action in Europe (with Video) By Moira Dalgetty in Athens
Make no mistake: what took place in Greece on the 12th of February 2012 – the agreement by the Greek parliament to the wholesale sell-off of their country – is about something far bigger, and much more insidious and dangerous, than debt, the story that is being sold to the public across Europe. To demonise… Continue reading
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Europe’s Transition From Social Democracy to Oligarchy By Michael Hudson
The easiest way to understand Europe’s financial crisis is to look at the solutions being proposed to resolve it. They are a banker’s dream, a grab bag of giveaways that few voters would be likely to approve in a democratic referendum. 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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Murdoch’s News Corp Generated $10.4 Billion Profits And Received $4.8 Billion In “Taxes” From The IRS By Tyler Durden
Call it the gift that keeps on giving (if one is a corporation that is): the US Tax system, so effective at extracting income tax from America’s working class, is just as “effective” at redistributing said income tax at the corporate level. Case in point: News Corp, which after generating $10.4 billion in profits over… Continue reading
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Murdoch's News Corp Generated $10.4 Billion Profits And Received $4.8 Billion In "Taxes" From The IRS By Tyler Durden
Call it the gift that keeps on giving (if one is a corporation that is): the US Tax system, so effective at extracting income tax from America’s working class, is just as “effective” at redistributing said income tax at the corporate level. Case in point: News Corp, which after generating $10.4 billion in profits over… Continue reading
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EU bailout of Greece – “robbery and swindle” — RT
On the streets of Athens the voices of discontent are growing louder. From the next bailout installment the Greek politicians are eager to receive, the people will not get a penny, experts believe. Continue reading
The New Dark Age 