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Cashless Societies Signal Death To Democracy And Liberty

by Mitch Feierstein about 2 years 4 months ago

How Trump and The EU’s Demise Can Boost India’s Economy  Trump’s presidency as well as the positions taken by Western liberal elites will provide India with a wonderful opportunity to grow and take its place as an economic powerhouse. The positions taken by liberal elites have resulted in a threat to Western democracy. Now, these […]

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Neoliberalism: The Obama/Clinton War On Liberty And Democracy

by Mitch Feierstein about 2 years 4 months ago

During the past election cycle, our political elites, oligarchs, and the DNC decided another eight years of neoliberalism was just the medicine America needed, and they did everything in their power to ensure that it happened, regardless of what America really wanted. Hillary Clinton’s campaign and the elite oligarchs relied exclusively on the propaganda megaphones […]

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Democracy, Oligarchy, Or Tyranny: It’s America’s Choice—Or Is It?

by Mitch Feierstein about 2 years 5 months ago

This year’s presidential election has brought into sharp relief the fact that our justice system—in fact, our whole way of life—is in trouble. Crimes by the political elite, particularly those of Hillary Clinton and her cronies, are not being addressed by the criminal justice system. Instead, they are being swept under the rug and willfully […]

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We put out one fire but now Mark Carney wants to start another

by Mitch Feierstein about 2 years 5 months ago

Mervyn King’s decade at the Bank of England was a disaster. The Bank was too slack during the long and indisciplined boom, under prepared for the crash and playing catch-up thereafter. The legacy of Lord King’s (and Gordon Brown’s) career has been an economy still limping along far below peak output, real wages caught in […]

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3

Capitalism Without Bankruptcy is Like Catholicism Without Hell

by Mitch Feierstein about 3 years 1 week ago

Barack Obama was recently on the stump, defending the latest set of lackluster jobs figures. Obama blamed ‘serious headwinds’ including higher gas prices and, more recently, the developing crisis in the Eurozone. Having handed much of the blame to foreign oilfields and European crises, he returned to more familiar ground, bashing a Republican-controlled House for blocking some of the proposals in […]

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An America divided against itself: US debt is way past the ceiling

by Mitch Feierstein about 3 years 1 week ago

Barack Obama made a speech recently pledging his opposition to (yet another) game of chicken over America’s debt ceiling. “This is the United States of America,” he told his audience. “We’re not some banana republic. This is not a deadbeat nation. We don’t run out on our tab. We’re the world’s bedrock investment – the […]

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Volcker Rule: Too Big to Enforce

by Mitch Feierstein about 3 years 5 months ago

As the initial shocks of the financial crisis of 2008-09 began to subside, policy makers – shattered by the scale and velocity of what they had just witnessed – started to think about earthquake prevention measures: how to stop the same thing happening all over again, One of the simplest, and best, such suggestions came […]

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Wall Streets Latest Dirty Little Secret – The Fix Is In

by Mitch Feierstein about 3 years 9 months ago

At yet another select committee recently – they’ve been doing a good job – Vince Cable was grilled about the huge leap in the Royal Mail’s stock market value. As you’ll remember, the firm was floated at 330p a share and traded as high as 600p in November, a rise of 82% in a few […]

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George Osborne was to have been a new kind of chancellor for a new kind of Britain. Instead of being an economy hooked on financial services and trading, we were going to be an economy under the stern command of business investment and export markets. Instead of government profligacy, we were going to see government […]

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Henry Paulson. “Hank”. Remember him? Lean, balding, the flared nostrils of a man perpetually haunted by the memory of having to clean dog’s mess from the shoes of his neighbour’s children. Of the crisis in 2008, he said, “Where I come from, if someone takes a risk and they’re going to make the profit from […]

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