Tag: economy

What is unique and potentially revolutionary about a national blockchain currency is that it would eliminate the need for banks in the payments system.

Corporations have too much power to influence society and government.

“If we want more war, more unemployment, a new recession, and bursting bubbles that drive financial instability, vote for those Republican incumbents, many of whom gave us the radically wrong invasion of Iraq and the daily hemorrhage of Pentagon contracts that produce record deficits and starve domestic budgets.”

This scam supposedly began in 2011 and for the last five years, roughly 1.5 million deposit accounts and 65,000 credit-card accounts were created.

“We need a genuine reemployment system – including not only unemployment insurance, but also income insurance.”

“War is so deeply embedded in the psyche of this government that extracting it would take a minor miracle.”

Beware the presidential candidate who says he or she wants “less government” and promises to lift burdensome regulations on business.

“The income and wealth inequality is the worst since the Great Depression. In 2015, the Top 1% earned 22% of all income earned in the U.S.”

The June trade deficit rose from the months prior because of rising imports.

With your donation of $30 one-time or $15 monthly recurring, you can support truly independent news and activism, and receive the book Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown by Richard D. Wolff as our gift to you. It's win-win, and you get a fascinating new book out of it.