global economic crisis
by
Janice Krizek | 08.05.2009
We are a global humanity.
What is money? Credit. What is credit? Debt. What is debt? Trust. In what should Americans trust? In Wall Street? The banks? The Federal Reserve? The U.S. Government? Themselves? God? Certainly the present financial crisis is a crisis of trust, and therefore ultimately a crisis in human consciousness. Aware of the greed motivating Wall Street and the thirst for profits driving the banks, Americans are suspicious of financial salvation emanating from these sectors. Ignorant of the fact that money creation, with passage of the Federal Reserve Banking Act of 1913, is unconstitutionally usurped by the privately-owned Federal Reserve Banking System from the U.S.
by
Stephen Lendman | 05.27.2009
The solution is simpler than imagined.
Ending Today's Economic Crisis Simply and Easily, in America and Globally - by Stephen Lendman
Some of the best ideas are often the simplest. When applied to the global economic crisis, the solution is easier than imagined. What's hard, in fact a Gordian Knot, is the political will to embrace it. But even matters that great can be solved by a bold stoke, and according to legend, Alexander the Great's "Alexandrian solution" was achieved with one stroke of his sword, cutting the Knot in half. Applied to the global economic crisis, it means addressing it with effective policies, not ones wrecking America and other troubled nations worldwide.
event detailsposted by: redphilly begins: May 15, 8:00 pm ends: Apr 24, 10:00 pm location: The Ethical Society, 1906 S. Rittenhouse Square |
The Capitalists' Crisis and the Working Class Solution
by
Stephen Lendman | 04.10.2009
Obama's New World Order - by Stephen Lendman
This article addresses Washington's financial coup d'etat in the context of discussing Michael Hudson's important, very lengthy and detailed April 5 Global Research.ca one titled: "The Financial War Against Iceland - Being defeated by debt is as deadly as outright military warfare." It reviews its key information in advance of Hudson's April 15 scheduled appearance on The Global Research News Hour to discuss.
by
Stephen Lendman | 03.16.2009
looting the treasury continues with militarism ready to confront dissent
Monetary and Fiscal Failure, Fraud, and Fear of What's Next - by Stephen Lendman
Even the powerful are worried with the IMF on February 7 saying advanced economies are in "depression (and) the worst cannot be ruled out." Forecasting a 2010 recovery is "very uncertain" at this time as further financial turmoil may disrupt it regardless of policies adopted, and trouble is outpacing resources to alleviate it.
On March 10, its Managing Director Dominique Strauss-Kahn forecast "below zero" 2009 global growth - what he termed "the worst performance in most of our lifetimes."
In a March 8, report, the World Bank expressed similar gloom saying: