Cities Against the Wall
by Carlos Delclos
Posted September 16, 2017
Two years into its governing mandate, how is Spain’s municipalist movement fighting back against the impositions of global capital?
By now, the story is well-known in left-wing circles. Two years ago, a handful of civic platforms won municipal elections in most of Spain’s major cities, including Madrid, Barcelona, Zaragoza, Cádiz and Santiago, among others. Spearheaded by prominent figures from the local social movements, they joined Podemos and various left-wing parties in campaigns that promised nothing short of a democratic revolution.
In the aftermath of a brutal economic crash and an outbreak of corruption scandals, they would respond to the profound crisis of legitimacy affecting the Spanish state with a program of radical municipalism, channeling the bottom-up politics of the indignados movement that won hearts and minds in 2011. More…
When Wall Street Owns Main Street — Literally
By Rana Foroohar
Posted September 15, 2017
Unfortunately, the economic climate and policy decisions taken since the 2008 crisis have resulted in a small group of rich investors— not American families—driving the real estate market and reaping most of the gains. Among them are private equity titans like Blackstone and high-wealth individuals who can pay cash upfront for a property.
If the markets are an ocean, private equity firms like Blackstone are the great white sharks that have perfected the use of debt, leverage, asset stripping, tax avoidance, and legal machinations to maximize profits for themselves at the expense of almost everyone else— their investors, their limited partners, their portfolio companies and the workers in them, and certainly society at large. More…
Public Banking Works
Posted August 15, 2017
Lenders say they have money to lend, but that there are not enough credit worthy borrowers. Is this a valid argument?
This is a disingenuous argument, because it is the banks that choked the money supply in the first place, causing foreclosures, bankruptcies, joblessness, and bad credit. In late 2011, there was $3 trillion less money in circulation than before the crash three years earlier. Why do the banks choose to stop lending and create a money drought? Because this is how they obtain the fruits of our labor at fire sale prices.
It’s just at the notorious banker Andrew Mellon said, “During depressions, assets return to their rightful owners. The banks believe they are the rightful owners of our society’s assets because they own the money (bank notes that they pass off as sovereign currency). This is why we must take back control of the money creation process and replace the private central banks and create public banks that leverage the public’s money in the public interest. This is how to create liquidity on Main Street, restore jobs, and create a democratic economy. More…
Afghanistan and the CIA Heroin Ratline
By Pepe Escobar
Posted September 14, 2017
The Persian Gulf harbors an array of extremely compromising secrets. Near the top is the Afghan heroin ratline — with the United Arab Emirates (UAE) positioned as the golden node of a transnational, trillion dollar heroin money laundering operation.
In this 21st century Opium War, crops harvested in Afghanistan are essentially feeding the heroin market not only in Russia and Iran but especially in the US. Up to 93% of the world’s opium comes from Afghanistan.
Contrary to predominant Western perception, this is not an Afghan Taliban operation. The key questions — never asked by Atlanticist circles — are who buys the opium harvests; refines them into heroin; controls the export routes; and then sell them for humongous profit compared to what the Taliban have locally imposed in taxes. More…
Death of Freddie Gray: 5 Things You Didn’t Know
By Amelia McDonell-Parry and Justine Barron
Posted September 14, 2017
Freddie Gray became a national news story thanks to a man named Kevin Moore, who filmed the last few minutes of Gray’s arrest. After giving a copy of the video to investigators, Moore uploaded the footage online and it quickly went viral. It showed Gray being held face down on the sidewalk by officers Garrett Miller and Edward Nero, screaming in pain. His ankles were crossed and his knees bent, with Miller’s weight pushing his heels in his rear, a police hold known as a leg lace.
While Moore’s video was shown in court at the police officers’ trials, he was never called to testify. Neither were any of the dozen-plus residents who witnessed Gray’s arrest that morning, despite many of them giving damning interviews to the media under their own names. Some of these witnesses were interviewed by detectives, but their accounts – of Taser use, of seeing an officer put his knee in Gray’s neck, of Freddie crying out that they were hurting his back and his legs – were dismissed by both the police and prosecutors. Other officers who were present during the arrest, but weren’t charged, testified that Gray was only trying to attract attention, but witnesses maintain his screams were real. More…
Top 8 organic MISTAKES most people make because they have not done the research
by S.D. Wells
Posted September 13, 2017
There are no absolutes when it comes to a healthy lifestyle and clean eating. Many foods that were perfectly wholesome just months ago may be tainted and contaminated now if the farmer, company or corporation that makes them changed even just a few key ingredients, or worse yet, sold out to “Big Food.”
If you’re one of those smart shoppers who buys mainly organic, you better take a second look at “who” you’re buying, instead of just “what” you’re buying. Over the past few years, several smaller organic companies sold out to huge corporations so they could retire and enjoy the good life. Problem is that “good ole” company is now a bastard child of Big Food, and you can bet all the products that were once clean are now polluted with toxic foods, even though they’re still organic. More…
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This site is designed for people who wish to follow important events, but do not have time to do a lot of reading. If you follow this site for a period of time, the daily fresh stories in different categories will over time provide you with an understanding of the “big picture” by showing you both the problems and the solutions. Hopefully this will inspire you to listen to your inner wisdom and become part of the solution.