"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Capitalist Economic Crisis View SlideShare presentation or Upload your own. (tags: sampler economics) Dave Riley made this slide show presentation of the ideas of Marx and their direct relevance to the current financial meltdown. Ironic isn’t it? Here I am…
His plan (and he’s been right and early in his predictions of what would happen) * Guarantee all bank deposits (not just up to $250,000, not just in US) * Triage the banking system: recapitalize survivors with equity injections, let…
Turn the chart upside down to see how far and fast the Iceland krona has fallen compared to the euro. This is a direct result of the collapse of Lehman, who was the major lending facility for the third largest…
Socialist Unity If the left publicly opposes the bail out of the banking system, so that we are actually encouraging the collapse of the economy, the tens of thousands of redundancies that would entail, the poverty and homelessness, then we…
Robert Reich, former Treasury Secretary, on the financial crisis Put simply, the Bailout of All Bailouts has been a dud, at least so far. Several nations (Ireland, Greece, Germany) have basically guaranteed all deposits. As a result, global capital is…