October 21, 2010 "Information Clearing House" -- SAN FRANCISCO--What would happen to you if you got caught forging a mortgage application? You'd go to jail. And rightly so.
In one case in Florida, an employee of GMAC Mortgage admitted under oath that he personally forged 10,000 foreclosure affidavits. This low-level schlub is the tip of the tip of a massive iceberg,… Continue
The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no… Continue
The scope of government has escalated during the past 100 years, so that government now dominates the economy. There was a rollback in the old Soviet Union and its satellites, but otherwise the ever greater dominance of the state continues, leaping with each crisis such as the Great Recession of… Continue
Added by Marklar on August 10, 2009 at 12:29pm —
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People campaigning for a better world should also demand a social salary. A social salary is an extra income apart from one's labor or capital, paid to everyone. It is not a bribe. It is not a reward for good behavior. It is your right. It's similar to the European proposal for a Basic Income.… Continue
The New York Stock Exchange quietly announced last week that it would end its practice of requiring companies to report all their program trading — a move that helps shield large investment banks, particularly Goldman Sachs, from public scrutiny.
The new rule means the public will no longer be able to tell… Continue
Added by Marklar on July 6, 2009 at 6:36am —
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Why are there so many poor people when the world seems so much wealthier as a whole? By wealthier, I mean there is more food, more housing (and bigger, better housing too), more of everything, in fact. I'll get to the obvious misdistribution and the true remedy in a moment, but would point out here that this question is not new; in fact, it… Continue
Added by Marklar on June 30, 2009 at 3:02am —
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Henry George, in his classic, and best-selling economics book of all time, Progress and Poverty, which sold 2 million copies in its first year - 1879 - laid out the remedy to end poverty AND spur growth and prosperity. By taxing natural resources and untaxing wages and capital (real capital such as trucks, ships, cranes etc.), one would… Continue
Added by Marklar on June 30, 2009 at 12:00am —
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Human civilization finds itself at a terrifying crossroads. The list of dangers is appallingly long. Would it make things a little less scary to group our challenges into main categories?
3) Environmental Crisis (including the ideas of "overpopulation and necessary "limits to growth")
2) Economic Stagnation (a chronic problem that takes many forms, including recessions, arrested… Continue
Added by Marklar on June 18, 2009 at 11:07pm —
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President Barack Obama showed a great deal of gumption in standing before Congress last night delivering his first speech to the joint assembly. All the trappings of power were on display as members of the House and Senate, the Supreme Court, the Joint Chiefs, the Cabinet, and… Continue
Added by Marklar on February 26, 2009 at 7:30pm —
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