Time to Rain Money on Main Street

Give Money to Main Street

Ellen Brown: When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet.

Burger King’s Subjects Royally Pissed Off

Burger King Canada

RJ Eskow: The actual rate paid by American corporations, once they’re done applying all the loopholes their lobbyists in Washington have designed, their actual rate is at the low end of the global tax spectrum – and this at a time when many corporations are achieving record-breaking profits.

Obamacare’s “Secret Trick” Could Cure CEO Pay Excesses

CEO Pay Excesses

RJ Eskow: Expanding the ACA’s executive-pay provision to all companies, and improving its design even more, would begin the process of removing incentives for senior executives to put their companies at risk and disregard the needs of employees and customers.

Stock Market Reaches Milestone, But Who Cares?

Stock Market Reaches Milestone

RJ Eskow: We need to start thinking about our nation’s “economies,” of which there are at least two. There is the one that is inhabited by corporations, the wealthy, and the investor class. Call that one the “elite economy.” Then there’s the other economy, the one where most of us live.

Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Argentine Fiscal Crisis

Ellen Brown: Argentina has now taken the US to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy.

Work and Worth

Work and Worth

Robert Reich: Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

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