Debt: Is America “Too Big To Fail”?
The discussion of America’s debt ceiling is the talk of the town in Washington and key international financial markets. If you still have the dubious privilege to have a credit card or a line of credit, it is likely that your respective financial institutions have considerably reduced your own “debt ceiling” since the 2008 crash. […]
WikiLeaks Taking Visa and MasterCard to Court
As Andy Greenberg reported for Forbes, it’s been over six months since Visa and MasterCard refused service to WikiLeaks and interrupted WikiLeaks’ funding. On Thursday, July 7, only five days from now, if Visa and MasterCard have not corrected the situation, WikiLeaks, and it’s current payment provider DataCell, will take their case to the E.U. […]
Dominique Strauss-Kahn Innocent? So Who’s Guilty… and of What?
After an international perp-walk, the end of a career with the International Monetary Fund, the derailing of a campaign for the presidency of France, and millions of dollars spent complying with court requirements, it would appear that the Americans don’t have much of a case after all. Dominique Strauss-Kahn will now be allowed to slowly […]
Greece Explodes as Global Capitalists Force Austerity: Police Violence Greets the Crowds
Rubber bullets and tear gas were the answer the people of Athens received from their government as they took a stand against their governments willingness to prostitute them as chattel property for the benefit of global financiers. The people of Greece took to the streets as a part of a 48 hour general strike organized […]
Are We Heading For A Bigger Global Financial Crash Than 2008?
What Recovery? Since 2008, Disaster Capitalism Is Still Running Amok On The Global Market It is common knowledge that the crash of 2008 was dreadful. But it seems that the very rough financial ride is not over as signs of an economic recovery in the United States are on a steep decline. The unemployment figure […]
