The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
Cyprus
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The Euro Crisis: Debtors’ Prison
The euro zone is blighted by private debt even more than by government debt.
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Act Before the Bail-In: Now Is the Moment to Seize Public Banking
As an individual or as a public official, if you have money in one of the big banks, you have essentially given your money to that gambler and now you are a creditor to the gambler.
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Spain's Robin Hood and the Art of Disobedience
"When the government does not act in the interest of the people, and it benefits only a small minority, the people’s greatest right is to disobey and rebel against that injustice."
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Bail-out Is Out, Bail-in Is In: Another Argument for Publicly-Owned Banks
The deposits of U.S. pension funds are well over the insured limit of $250,000. They will get raided just as the pension funds did in Cyprus, and so will the insurance companies. Who else?
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Global Resistance to Tax Havens is Growing — Especially in Europe
Tax havens cause billions in annual damage to national economies around the world. The recent Offshore Leaks investigative reports are helping fuel efforts in Europe and the U.S. to have them eliminated.
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Winner Takes All: The Super-Priority Status of Derivatives
Derivatives have “super-priority” status in bankruptcy, and Dodd Frank precludes further taxpayer bailouts. In a big derivatives bust, there may be no collateral left for the creditors who are next in line.
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Big Depositors Could Suffer in Future Bank Bailouts Under New Law
Big bank depositors could take a hit under planned European Union law if a bank fails.
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As Banks in Cyprus Falter, Other Tax Havens Step In
Cyprus is hardly the only safe harbor for the tax-averse. Switzerland, Luxembourg, Malta and the Caymans are reminding those shaken by events in Cyprus that they remain open for business.
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Europeans Planted Seeds of Crisis in Cyprus
Surprise, surprise! The Cypriot crisis was a time bomb set by the E.U. in 2011.
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From Detroit to Cyprus, Banksters in Search of Prey
Either we liquidate the banksters or Wall Street will liquidate us.
