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Casino Capitalism and the Derivatives Market: Time for Another “Lehman Moment”?
Reading the tea leaves for the 2024 economy is challenging. On January 5th, Treasury Secretary Janet Yellen said we have achieved a “soft landing,” with wages rising faster than prices in 2023. But critics are questioning the official figures, and prices are still high. Surveys show that consumers remain apprehensive. There are other concerns. On December 24, 2023, Catherine […]
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Paying Federal Taxes is Voluntary?
“Former IRS Commissioner Steven Miller says the income tax is voluntary.” (cue to 02:07) The post Paying Federal Taxes is Voluntary? first appeared on Dissident Voice.
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Three Presidents Who Made Thanksgiving a National Holiday And What They Were Thankful For
Three U.S. presidents were instrumental in establishing Thanksgiving as a regular national event. On October 3, 1789, George Washington declared the first federal Thanksgiving holiday. In 1863, Abraham Lincoln made it an annual federal holiday. And in 1941, Franklin Roosevelt signed a bill setting the date at the fourth Thursday of every November. All three presidents […]
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Sunak’s Dad’s Army Option: David Cameron Returns
Openly ignored by his incendiary, now ex-Home Secretary, Suella Braverman, UK Prime Minister Rishi Sunak was left with few options. Retaining her would continue a process of blighting his already precarious prime ministership, suggesting weakness and a distinct lack of authority. Kicking her off the Cabinet front bench would, while reasserting some measure of control, […]
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Taxes in America Are Unfair to Most Americans
For decades, time and again, America’s tax code has been twisted and tweaked to give tax breaks to the top and crumbs (or nothing) to the tens of millions on the bottom and in the middle. Levels of wealth and inequality have become so gross that experts are clamoring for change, painting unflattering portraits of […]
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How the International Monetary Fund Continues to Shrink the Poorer Nations
From 9 to 15 October, the International Monetary Fund and the World Bank held their annual joint meeting in Marrakech (Morocco). The last time that these two Bretton Woods institutions met on African soil was in 1973, when the IMF-World Bank meeting was held in Nairobi (Kenya). Kenya’s then President Jomo Kenyatta (1897–1978) urged those […]
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The IMF’s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World
Pakistan has made international headlines repeatedly over the last year for almost all the wrong reasons. While the country has been associated with extremism and terrorism for over two decades, more recently Pakistan has become known for natural disasters and political upheavals. Among the issues that deserve serious scrutiny – but gets little to no […]
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The Contradictions of Ronald Reagan’s America
As the memory of President Ronald Reagan’s administration recedes, estimation of his deeds grows, and for good reason. A cursory look at his end-of-office stats impresses the casual observer — 67% increase in GDP, from $3 trillion in 1981 to $5 trillion in 1988, net job addition of about 18 million, reduction in the unemployment […]
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“The Great Taking”: How They Can Own It All
“’You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place to technically enable that to happen.” [Oct 2 interview titled “The Great Taking: Who Really Owns Your Assets?”] The derivatives bubble has been estimated to exceed one quadrillion dollars (a […]
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Good News – Big Opportunities on the Horizon
In the midst of so much bad news in the media, it is always good to be alert to rays of sunlight that civic action can build upon. First, let’s start with the sun, which is receiving increased respect these days by Earthlings. Various forms of solar energy – thermal, photovoltaic, wind, and passive (architecture) […]
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