“…the economy has not been growing rapidly since inequality started climbing. From 1950 to 1980, “real gross domestic product (GDP)”—the output of the economy, adjusted for inflation—grew by 3.8 percent per year. From 1980 to 2010, it grew by 2.7 percent per year. (Since then, it’s been even worse.)…”
Why is it I’m trusting this Russian news service more than those domestic? Sigh. From RT:
Iceland is a great example of a country which had the courage to prosecute bankers, and that’s largely because it’s not controlled by the Federal Reserve and the Bank of England, Max Keiser, financial analyst and host of the Keiser Report on RT, says. Four former bank bosses in Iceland have been jailed for financial fraud. They were accused of hiding the fact that a Qatari investor bought into the firm [Kaupthing Bank], with money lent illegally by the bank itself. It went bust in 2008, helping to cripple Iceland’s economy. Keiser says, what is considered a crime in Iceland is flourishing thanks to government support in the UK and the US. Continue reading
…banksters, NSA, all of you hiding under Imperial skirts: there will always be something more powerful than you—human beings united behind a purpose. It’s rare, fraught, and fleeting; but for its short life, there is no force in the Universe greater, perhaps but for God Itself.
Just when you think BHO can’t sell out any more… Continue reading