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Tag Archive for ‘Banks’

British want to fight inequality – it’s worse here!

British Labor Party leader Jeremy Corbin is starting a campaign against inequality that should be emulated by all (five, ten?) American politicians not controlled by big business. “One proposal is pay ratios between top and bottom, so that the rewards don’t just accrue to those at the top,” he said. “Of the G7 nations only the US has greater income inequality than the UK, and pay inequality on this scale […]

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Does Heritage Foundation want Communist plan for Social Security? GOP candidates should denounce!

The Heritage Foundation is the think tank for so-called conservative Republicans, who offer flat tax plans, skeleton government goals and the destruction of Social Security as we know it today. The current Social Security program is regressive, and pays a lower percentage in retirement pension, the more you contribute. A retiree, who has paid in the maximum amount (on wages less than about $118,000 in current dollars), will contribute three […]

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Hate Israel cartoon displayed by “neutral” nation’s ambassador on huge screen to promote business conference in Tehran

This is not a cartoon from a hate website. It is not from an Arab extremist group. It is not from a White supremacist handbook. It was just shown by Giulio Haas, the ambassador of Switzerland to Iran, at a conference promoting the terrorist state. That’s right – Switzerland! Reuters reported that the cartoon appeared on an enormous screen at the conference, under the headline “Iran: now or never.” The […]

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Greece bailouts are just to keep banks fat and happy, while families suffer from ten consecutive cuts to their livelihoods

Billions for banks. Hardly a farthing for the families of Greece. The country continues to face impending feudalism to pacify a financial monarchy ruling Europe. Since 2010, Greece has received nearly $277 billion in bailout funds. Almost all of the money has gone to pay the country’s debts, cover credit default swaps, pay jacked up interest rates and bolster the local and international banks’ capital, rather than to provide any […]

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Investor-owned properties destroying Baltimore home prices, while encouraging new slumlords, and bankrupting residents

Banks and investors own, plan to foreclose or auction, thousands of houses in Baltimore. Most are decrepit, but many are valued up to nearly a million dollars. But if you don’t have the cash, do you really think a mortgage company will finance your purchase here? In one big city after another depressed property prices have been windfalls for slum landlords. They buy hundreds, sometimes a thousand or more houses […]

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Fed Chairman Blames Banks For Continued High Unemployment

The investment cash is going to China, India, South Korea and Vietnam, where factories are being built by American companies to make products to export to the U.S. and elsewhere. Those countries rebate the local Value Added Tax (around 20%) to exporters because most every country has their own VAT on products coming into their countries – EXCEPT THIS COUNTRY. In addition, most countries have tariffs on incoming goods if […]

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