World-News

Thom Hartmann and Sam Sacks, The Daily Take: America s fiscal problems are a direct result of the Billionaire Class working behind the scenes of our democracy and syphoning off massive amounts of wealth for themselves while paying lower taxes than they have paid in a half-century.

http://truth-out.org/opinion/item/14011-exposed-how-the-billionaires-class-is-destroying-democracy



The Trillion Dollar Coin: A Debt Solution for the People

Ellen Brown, Yes! Magazine: We may rail against the banks and demand change, but change will not come until we realize that those who create the nation s money control the nation, and nearly the entire money supply today is created by banks in concert with the Federal Reserve.

http://truth-out.org/opinion/item/14015-the-trillion-dollar-coin-a-debt-solution-for-the-people

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''We are Going to Kill the Dollar''

The Fed's Plan B

By Mike Whitney

This is the Fed s plan: Bail out the banks, transfer the banks bad bets onto its own balance sheet, hammer the greenback, slash wages (via inflation), boost exports, and pump as much money as possible into the unproductive, overbuilt black hole we call the US housing market.

http://www.informationclearinghouse.info/article33685.htm



The Politics of Debt in America

From Debtor s Prison to Debtor Nation

By Steve Fraser

Once again debt has emerged as both the central mode of capital accumulation and a principal mechanism of servitude. Warren Buffett (of all people) has predicted that, in the coming decades, the United States is more likely to turn into a ''sharecropper society'' than an ''ownership society.''

http://www.informationclearinghouse.info/article33761.htm



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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Steve+Fraser
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