How Swedes and Norwegians Broke the Power of the ‘1 Percent’
By George Lakeyhttp://www.informationclearinghouse.inf ... e30364.htm
While many of us are working to ensure that the Occupy movement will have a lasting impact, it’s worthwhile to consider other countries where masses of people succeeded in nonviolently bringing about a high degree of democracy and economic justice. Sweden and Norway, for example, both experienced a major power shift in the 1930s after prolonged nonviolent struggle. They “fired” the top 1 percent of people who set the direction for society and created the basis for something different.
Tail Events, Isolation, New Normal Of Hyper Monetary Inflation
Politics / Inflation Jan 26, 2012 - 11:02 AM
By: Jim_Willie_CB http://www.marketoracle.co.uk/Article32828.html
It is hard to describe fully the lost ways of the US Federal Reserve. The phrase New Normal is a transparent attempt by financial icons in the private sector to put a face of legitimacy on a system bound in the USDollar and its heavy handed management, reinforced by a daisy chain of $trillion frauds. Such cannot be done. The term was coined by Mohamed El-Erian, from the PIMCO helm. Bond fraud followed by TARP Fund fraud, followed by Financial Accounting fraud, followed by Mortgage Contract fraud, followed by unauthorized multi-$trillion fraudulent grants by the USFed, followed by the grand sequence Quantitative Easing to wash value out of the USDollar, followed by the unilateral undercut to USGovt creditors, followed by more unilateral decisions to sanction Iran for nuclear weapon development that even Defense Secretary Leon Panetta admits is not a reality, well, does not make for global leadership. It makes for a travesty. Yesterday the USFed released more directives. So the USEconomy is stuck in a weak reverse gear. The accommodation will extend until year 2014. These guys are basic liars. Even Bill Gross of PIMCO takes shots at the central bank policy or ruin. The United States will suffer financial repression (in Gross's words) if the Federal Reserve implements additional bond monetization as policy. The USFed will hold its benchmark interest rate at near 0% for at least the next three years, as a testament to central bank failure. No departure from the 0% rate can be done. The USGovt debt service requires it, demands it, and will default without it. The ZIRP and QE are worn as badges of failure and dishonor.
The Report That Will Blow Up The Eurozone
TAEhttp://theautomaticearth.blogspot.com/2 ... ozone.html
Here's another interview with Nicole, conducted by Nicholas Bawtree for Italian magazine Terra Nuova, October 2011 in Florence, Italy.
January 27, 2012 · 11:10 pm
Iran Will Cut Off All Oil To Europe Tomorrow
Culture of Life Newshttp://emsnews.wordpress.com/2012/01/27 ... omorrow-2/
There is this ancient Chinese curse: may your wishes be granted.http://www.washingtonsblog.com/
Bailed-out RBS bank has spent over £2.5m of British taxpayers' money to influence politicians reforming US financial law
Guardianhttp://www.guardian.co.uk/business/2012 ... -lobbyists
According to the documents, the bank spent $4.13m from October 2008 to December 2011 on lobbyists as it tried to influence three different areas of legislation.
The bank sought influence over consumer protection, with proposed legislation such as the Consumer Overdraft Protection Fair Practices Act and the US Credit Card Act.
These proposed laws wanted to make it harder for young people to be given credit cards, have their credit limits extended and over the imposition of limits on interest rates. They also suggested a possible limit on hidden overdraft charges and penalty fees.