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Pope Francis’ Encyclical Is A Sincere Call For Climate Action, Economic Justice
Pope Francis’ Encyclical Is A Sincere Call For Climate Action, Economic Justice Pope Francis has released his long awaited encyclical, or teaching document, on climate justice and the environment, and it flies in the face of everything climate deniers stand for. The encyclical is officially called “Laudato Si (Be Praised), On the Care of Our Common Home,” and it […]
If Food Is a Right, Who Should Provide It?
If Food Is a Right, Who Should Provide It? Nearly 850,000 Canadians visited food banks in one month last year. At a recent public forum in Victoria, B.C. about the right to food, the first audience question was about federal politics and the October election, which put the panelists in an awkward position. “We all […]
In Most Countries, 40 Hours + Minimum Wage = Poverty
In Most Countries, 40 Hours + Minimum Wage = Poverty Last week, we noted that Democratic lawmakers in the US are pushing for what they call “$12 by ’20” which, as the name implies, is an effort to raise the minimum wage to $12/hour over the course of the next five years. Republicans argue that if Democrats […]
One Last Look At The Real Economy Before It Implodes – Part 3
One Last Look At The Real Economy Before It Implodes – Part 3 In the previous installments of this series, we discussed the hidden and often unspoken crisis brewing within the employment market, as well as in personal debt. The primary consequence being a collapse in overall consumer demand, something which we are at this […]
Greeks Face First Product Shortages As Cash Runs Out, “It’s Worse Than In 2012”
Greeks Face First Product Shortages As Cash Runs Out, “It’s Worse Than In 2012” Just when you thought it was getting better (or so you would believe if you listened to the mainstream media’s punditry) Greece faces what ekathimerini reports is a “situation worse than in 2012.” From well-known Belgian beer to electronics equipment, the first occurrences of shortages in imported goods […]
Climate change is likely factor in Syria’s conflict
Climate change is likely factor in Syria’s conflict Researchers say climate change probably caused the savage drought that affected Syria nearly a decade ago − and helped to spark the country’s current civil war. LONDON, 2 March, 2015 – In a dire chain of cause and effect, the drought that devastated parts of Syria from 2006 to […]
Greece at the Crossroads: the Oligarchs Blew It
Greece at the Crossroads: the Oligarchs Blew It Once one oligarchy falls, it will threaten to topple a long line of oligarch dominoes. A great many narratives invoking Greece are being tossed around, but only one really encapsulates the unvarnished truth: the Oligarchs blew it. The oligarchs in both Greece and the European Union/ECB had the […]
50 Numbers From 2014 That Sound Fake But That Are Actually Real
50 Numbers From 2014 That Sound Fake But That Are Actually Real. 2014 was quite a bizarre year, wasn’t it? The past 12 months brought us MH370, Ebola, civil war in Ukraine, civil unrest in Ferguson, the rise of ISIS and the fall of the Democrats in the midterm elections. Our world is becoming crazier […]
oftwominds-Charles Hugh Smith: Prosperity Amidst the Ruins
oftwominds-Charles Hugh Smith: Prosperity Amidst the Ruins. The fundamental problem facing the global economy is not slow economic growth but political inequality. It’s striking: as economies stagnate, the top tier is living even larger while the low-income masses sink further into marginalized poverty. I call this widening divide between the vested interests/wealthy and the rest of […]
Want to See How Governments Are Making Real Progress? Look to the Cities Tackling Our Biggest Problems by Sarah van Gelder — YES! Magazine
Want to See How Governments Are Making Real Progress? Look to the Cities Tackling Our Biggest Problems by Sarah van Gelder — YES! Magazine. If you’ve been looking to the federal government for action on big challenges such as poverty, climate change, and immigration, this has been a devastating decade. Big money’s dominance of elections, […]
Activists ‘Fed Up’ With Rate Rise Talk Offer Plosser a City Tour – Bloomberg
Activists ‘Fed Up’ With Rate Rise Talk Offer Plosser a City Tour – Bloomberg. Labor and community organizers meeting with Federal Reserve Chair Janet Yellen challenged officials who are ready to raise interest rates to first come visit the poorest neighborhoods with them before saying that the economy has recovered. Kati Sipp, one of about two dozen […]
Youth Should Work For Free – Bank of Canada Recommends | Armstrong Economics
Youth Should Work For Free – Bank of Canada Recommends | Armstrong Economics. What is seriously being overlooked here around the world politically is we are dealing with a revolution of the youth as a consequence of the collapse in Marxism. Pictured above is Bank of Canada Governor Stephen Poloz who has amazingly stated that […]
Child Poverty Jumps by 2.6 Million in Developed World Since 2008, While Number of Global Billionaires Doubles | Liberty Blitzkrieg
Child Poverty Jumps by 2.6 Million in Developed World Since 2008, While Number of Global Billionaires Doubles | Liberty Blitzkrieg. Two headlines came across my screen today, which taken together pretty much sum up the effects of policy decisions made by Central Bankers and politicians since the financial crisis. The financial oligarchs got bailed out, […]
The Many Ways the State Taxes the Poor – Julian Adorney – Mises Daily
The Many Ways the State Taxes the Poor – Julian Adorney – Mises Daily. Most defenders of the state assume that government services help the poor. And, sometimes, some poor people do benefit financially from government programs. But there’s a hidden cost: taxation and mandatory programs (Social Security, for instance) that hurt the needy by […]
Special Report: Why Madrid’s poor fear Goldman Sachs and Blackstone | Reuters
Special Report: Why Madrid’s poor fear Goldman Sachs and Blackstone | Reuters. (Reuters) – Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same. But as old contracts expire, dozens […]
