Economics

Nick Engelfried  March 5, 2019 Last week over 250 young people converged on Senate Majority Leader Mitch McConnell’s office in Washington, D.C. for a sit-in marking one of the latest escalations in the youth-led campaign for a Green New Deal. The…

By David Swanson U.S. military spending eight years ago was at $1.2 trillion per year, when one added in the nukes in the Energy Department, the Homeland Security Department, the CIA, interest on debt, veterans’ care, etc. Now it’s at $1.3 trillion. In…

Tax havens are locations around the world where wealthy individuals, criminals and terrorists, as well as governments and government agencies (such as the CIA), banks, corporations, hedge funds, international organizations (such as the Vatican) and crime syndicates (such as the…

Move the Money Coalition Calls for Congress to Shift Military Budget Funds to Human Needs & Services This morning outside New York City Hall Council Member Ydanis Rodriguez was joined by the Move the Money Coalition, comprised of Veterans for…

By Baher Kamal* Do not panic! This is not about telling you how bank accounts and pension funds have been used to finance the production of nuclear bombs (they call it ‘investment’). Nor it is about the four dozens of…

“If the government falls, we will be evicted. We—the Black, the poor, the working class—will lose what we have” By Vijay Prashad (1) This article was produced by Globetrotter, a project of the Independent Media Institute.   Mariela Machado is…

Finally it became clear. Thanks to an article by Simon Jenkins in The Guardian  we now know that “With a ‘free port’ deal negotiated behind closed doors, the financial sector will be fine. Meanwhile, others face ruin”. He explains : “An…

By David Swanson, Director of World BEYOND War The U.S. State Department uses public funds and public employees to market private products designed for mass killing to foreign governments. Few corporations have benefitted more from this socialism for the oligarchs…

Other states pretty much do what they like, partly because there are new factors in play that have added to the daily squabbling and which, taken on their own, have nothing to do with the migrant phenomenon. Africa possesses 30%…

by Ellen Brown, February 21, 2019 The original article may be found here “Quantitative easing” was supposed to be an emergency measure. The Federal Reserve “eased” shrinkage in the money supply due to the 2008-09 credit crisis by pumping out trillions…