Category Archives: Business / Economics

Business and Economics

Government Accounting Is Fraudulent

The Government Accountability Office (GAO) is the non-partisan auditor and investigator for Congress. The GAO says that the U.S. government’s records are so poorly kept that it can’t really audit them.  Specifically, the GAO provided a report to Congress yesterday … Continue reading

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Panama Tax Haven Scandal: The Bigger Picture

A Huge Leak The “Panama Papers” tax haven leak is big … After all, the Prime Minister of Iceland resigned over the leak, and investigations are taking place worldwide over the leak. But Why Is It Mainly Focusing On Enemies … Continue reading

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Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?

Submitted by Mike Krieger via Liberty Blitzkrieg blog, As someone who spends most of his waking hours trying to make sense of the world around him, the Panama Papers leak seemed to represent one of those stories that only come around … Continue reading

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Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis

By Michael Snyder, the Economic Collapse Blog. If a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what is happening.  As you will see below, corporate defaults are currently … Continue reading

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WORST CASE SCENARIO = 73% DOWN FROM HERE

As the stock market gyrates higher and lower in a fairly narrow range, the spokesmodels and talking heads on CNBC breathlessly regurgitate the standard bullish mantra designed to keep the muppets in the market. They are employees of a massive … Continue reading

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YELLEN, DRAGHI, KURODA: DERANGED LAB RATS

The stock market has regained all of its loses year to date as economic indicators continue to flash red, corporate profits continue to plunge, consumers continue to spend less at retailers, real wages continue to fall, and housing sales continue … Continue reading

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The inversion of Classical Economics

By Michael Hudson, Michael-Hudson.com.   Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City, who has advised the U.S., Canadian, Mexican and Latvian governments as well as the United Nations Institute for Training and Research. He … Continue reading

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Even Mainstream Economists Starting to Admit that “Free Trade Agreements” Hurt the American Worker

Trump and Sanders have whipped up a lot of popular support by opposing “free trade” agreements. But it’s not just politics and populist sentiment … mainstream economists are starting to reconsider their blind adherence to the dogma that more globalization … Continue reading

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U.S. Now Overtly at War Against Russia

Eric Zuesse, originally posted at strategic-culture.org NATO Secretary General Jens Stoltenberg announced on February 2nd that he approves of U.S. ‘Defense’ Secretary Ash Carter’s proposal to quadruple U.S. armaments and troops in Europe, against ‘Russian aggression.’ Secretary Carter said earlier that same day, … Continue reading

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Hillary Clinton Scored with Republican Donors

Eric Zuesse An analysis of Federal Election Commission records, by TIME, which was published on 23 October 2012, just before Obama’s re-election against Republican Mitt Romney, showed that the 2012 donors to Romney’s campaign were already donating more to Hillary Clinton’s 2016 … Continue reading

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Putin Calls Out Obama on a Big Lie

Eric Zuesse, originally posted at strategic-culture.org “In 2009, US President Obama said that the missile defense only serves as protection from Iranian nuclear missiles. But now there is an international treaty with Iran that bans Tehran from developing a potential military nuclear project. … Continue reading

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How Corruption Cripples America’s Military

Eric Zuesse America’s military budget is roughly 7.2 times that of Russia ($610 billion compared to $84.5 billion), but even Western news-accounts are saying that the weaponry produced in Russia is superior overall to the weaponry produced in the United … Continue reading

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Negative Rates Are Coming to America

We’ve repeatedly warned that the Federal Reserve government will impose negative interest rates,  just like other central banks are now doing. After all, former Fed chair Bernanke said last week that the Fed is likely to impose negative rates during … Continue reading

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Ralston Saul: Neo-Liberalism / Neo-Conservatism a Low-Level Form of God-Worship

Pulitzer-winning journalist Chris Hedges interviews John Ralston Saul, an ‘award-winning philosopher, novelist and essayist’ who is considered ‘Canada’s leading public intellectual’. Some points detailed in the discussion: -Neo-liberalism / neo-conservatism relate to neither ‘liberalism’ or ‘conservatism’.  They are an ideology … Continue reading

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Negative Interest Rates Show Desperation of Central Banks

Image: MarketWatch Japan has joined the EU, Denmark, Switzerland and Sweden in imposing negative interest rates. Indeed, more than a fifth of the world’s GDP is now covered by a central bank with negative interest rates. The Wall Street Journal … Continue reading

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The Populist Revolution: Bernie and Beyond

By Ellen Brown, EllenBrown.com The world is undergoing a populist revival. From the revolt against austerity led by the Syriza Party in Greece and the Podemos Party in Spain, to Jeremy Corbyn’s surprise victory as Labour leader in the UK, … Continue reading

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Animal Law Professor: Veganism Part of the Commitment to Non-Violence

Pulitzer-winning journalist Chris Hedges interviews Gary L. Francione, ‘Board of Governors Distinguished Professor of Law and Nicholas deB. Katzenbach Scholar of Law and Philosophy at Rutgers University School of Law-Newark.  Francione received his M.A. in philosophy and his J.D. from … Continue reading

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George Soros Finally Suspends His Lifelong War Against Russia

Eric Zuesse, originally posted at strategic-culture.org On January 21st, George Soros, who has throughout his life been passionately opposed not just to communism but also to Russia, finally stated in a Bloomberg News interview at the World Economic Forum, that … Continue reading

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US Does Not Invoke NATO Charter to Close Turkey/Syria Border, Cut ISIS Recruitment: Prashad

Abby Martin interviews Dr. Vijay Prashad, professor of International Studies at Trinity College and author of several books. Dr. Prashad explains that the US allows Turkey to keep its border porous, benefiting ISIS and other groups working to overthrow Syria’s … Continue reading

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Cashless Society War Intensifies During Global Epocalypse

By David Haggith, the Great Recession Blog. In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as … Continue reading

Posted in Business / Economics, Politics / World News | 10 Comments