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Viewing Economics NEWS articles 1 through 75 of 414
- In September of 2007, the city of Windsor, which borders the United States, officially asked for financial assistance from Ottawa to deal with American refugees flooding into Canada.
- One in five don't earn enough to make ends meet and six years of Bushenomics has inflicted new hardships.
- So-called Bin Laden trades used to chill confidence in market before rate cut.
- The causes of the present credit crisis are many and varied. From the Fed's policy of cheap money to the bonus-driven fee structure of the City and Wall Street, there are plenty of culprits in the debt market meltdown.
- $4.5 billion options bet on catastrophe within four weeks Anybody have a clue as to what these "investors" are expecting?
- With a "high level of angst" in the financial markets about who will take the losses from more than $1 trillion in risky mortgages, we could be just one hedge-fund collapse away from a global liquidity crisis. - In the debate over oil supplies, July 2007 may be seen as a turning point. The International Energy Agency, a body set up to advise OECD nations on energy supply and security, broke with its previous optimistic projections of world oil supply and threw the future of oil into doubt. Despite four years of high oil prices, this report sees increasing market tightness beyond 2010, with OPEC spare capacity declining to minimal levels by 2012...
- A 24-hour general strike in the Dominican Republic July 9 partially halted public transportation and commerce in a protest against the neoliberal policies of President Leonel Fernández and his administration. The "First General Strike for the Right to Live" was organized by the Alternative Social Forum (FSA), which is comprised of 200 grassroots, leftist and trade union organizations.
- The story of the Great Railroad Strike on its 130th anniversary. "We eat our hard bread and tainted meat two days old on the sooty cars up the road, and when we come home, find our children gnawing bones, and our wives complaining that they cannot even buy hominy and molasses for food." This Railroad worker’s words give a glimpse of the conditions that prepared the ground for the first nationwide strike in U.S.--the Great Railroad Strike of 1877.
- If you ever wanted to see how badly "conservatives" have been shaking the silver out of our pockets in the past six years, this list is it.
- Baby, You Can Ride My Bike
- The dominance of the greenback has created a global empire which is controlled by a small group of corporatists and autocrats who depend on bullying and brute force to maintain their supremacy. - Ultimately, it‘s all about power.
- Whoredom is optional - ...it is proof-positive that "free markets" are merely a public relations myth with no basis in reality.
- Many of these deaths due to starvation are due to corporate terrorism.
- America’s Economic Meltdown
- Under the guise of free market capitalism, conservative policies have made 80-hour work weeks the norm. Working harder for less money means middle class families are getting screwed.
- Who conducted this survey? And what do they want us to believe? - Economic Imperialism: Victims Finance their own Exploitation - The next time anyone mentions welfare queens be sure to mention Citibank.
- Have a nice Labor Day. Try to forget it's a sick joke.
- Not only do they finance wars by fronting capital needed to build bombs and other assorted weapons of mass destruction, they lend money to every cash-strapped Pvt. Tom, Dick, and Harry in the military, charging exorbitant amounts of interest as they go. - We have had three Presidents who supported the right of the government to issue Treasury Notes instead of Federal Reserve Notes. Unfortunately for us, all three were killed by "lone assassins."
- The "ownership society" looks like this: The owners are doing quite well, thank you.
- How 'merchant coal' is changing the face of America. - The blame for this rapidly-approaching meltdown lies entirely with the Federal Reserve, the privately-owned collection of 10 central banks who cooked up a way to shift wealth from one class to another through low interest rates.
- In the world's biggest economy, one in eight Americans and almost one in four blacks lived in poverty last year...
- ....and guess who's winning
- Study concludes measurement problems getting worse over time. - "This is the tipping point for the U.S. consumer and the effects will be ugly,"
- Ruthless Exploiters, Inc.
- ...from an Economic to an Ecological (read sustainable) Culture
- The Brilliantly Profitable Timing of the Alaska Oil Pipeline Shutdown
- Imagine a world when peak oil meets peak grain and peak water at a confluence called peak mayhem?
- Bad for the Young, Bad for America
- Profits soar for Exxon. BP, Shell, ConocoPhillips
- Everything about the Alberta oil sands development is impossibly big. Producing oil from oil sands also uses impossibly large amounts of energy.
- From food prices to auto insurance, when did poverty get so expensive?
- The Great Divide: Gated Communities And Street Children
- New welfare rules created by the Bush administration are doomed to fail by forcing women to take the first dead-end job that comes their way.
- Is the economic glass half-full or half-empty? Or is the glass broken?
- Fed fights inflation by increasing unemployment and lowering wages - ...this is Bush country, where a rising tide lifts all yachts
- Oil is a non-renewable resource. We have always known that yet the world has been behaving as if oil is in endless supply
- A ruling by Bush's NLRB could weaken labor protections for hundreds of thousands of workers - Deficits do matter and Cheney has invested his money accordingly
- Many Americans don't realize that when employers collect "subsidies" in order to provide health "benefits" to their employees, in effect, employees are paying for those so-called benefits themselves. - The richest 1% of Americans own 40% of the nation’s household wealth
- That one solitary human being has nearly forty billion dollars to dispose of, with a good deal left over, is appalling in itself, at a time when 1.1 billion people, one-fifth of the world’s population, live on less than $1 a day and some 3 billion on less than $2.
- Our economy depends so much on fossil fuel that a lack of oil without any alternative fuel sources would lead to total chaos.
- Private Insurers are looting the Medicare system
- The rich are the big gainers in America's new prosperity
- America's political class looks more like royalty by another means than the product of a dynamic democratic system. - In fact, a CEO earned more in one workday than an average worker earned in 52 weeks... - Paying working folks a livable wage helps everyone, but it's been nine years -- and nine Congressional pay raises -- since the minimum wage was last increased. - Security, Temp Workers, and Oil
- Our problem is not poor people crossing our borders seeking work, but rich capital crossing their borders seeking profit. If we stop international finance's invasive penetration of other nation's borders, we won't have to worry about refugees illegally crossing ours.
- Getting Ready for World War III. - If there is a tactical-nuclear strike on - deja-vu - "weapons of mass destruction" in Iran, who would bet against a certain Oil Exchange and more, being bombed too?
- "When a critical mass of people are in one place, if you don't empower them they will empower themselves through revolution,..."
- 1. Profits are up, but the wages and incomes of average Americans are down. - Instead of conveying a determination to put a stop to the slaughter of working class Americans in the auto industry, the President of the UAW resigned himself and the over 600,000 workers he represents to a position of economic servitude and corporate boot-licking.
- Death by Paper Fiat
- Was the IMF Involved in Gold Price Manipulation?
- Among Wall Street’s capos, that makes Paulson capo di tutti capital markets and the speculator-in-chief of our speculation driven economy, the main manipulator in a manipulated market.
- What happens when the credit card industry writes congressional legislation? According to the judges who have to enforce it, anarchy.
- Dirty, Rotten, Filthy, Stinking Rich! - The great dollar sell-off has begun in earnest, although to a large extent, it's being concealed from the public.
- Guest-worker legislation legitimizes the idea that some jobs are too dirty or dangerous for Americans, so Corporate America is justified filling them any way they can. We need a labor movement that says no worker is disposable--and fights for justice, dignity and safety for all. - The family of one oil executive, Lee Raymond (the former ExxonMobil CEO), alone could receive a tax break worth over $160 million.
- 'I'm not sure these devout Jews are using Jewish ethics to treat their workers'
- "The Very Nature of Profit-Based, Market Capitalism" - ...the workplace has become a hub of anxiety and fear, an essential but capricious environment in which you might be shown the door at any moment. - There is now powerful evidence in the production figures worldwide that we have reached global peak oil production. The collective nations of the earth will not make up for this by importing oil from other planets.
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