Saturday, 10 July 2010

The "Stress Test" Fraud
The EU Banking System Is In Big Trouble    

By Mike Whitney

The tests are a joke. The banks will continue to use accounting-rule changes and other gimmickry to obfuscate their losses. Continue


Disaster Capitalism Hits Europe (and the US is Next)

By Mark Weisbrot

Eurozone governments and European authorities are using the economy to justify pushing through rightwing policy changes. Continue


Crises of Capitalism 

Video

Radical social theorist David Harvey asks if it is time to look beyond capitalism towards a new social order that would allow us to live within a system that really could be responsible, just, and humane?Continue


Wealthy Reap Rewards While Those Who Work Lose

By Adrianne Appel

Millionaires in the U.S. and Canada saw their wealth increase 15 percent in 2009, to a total of 4.6 trillion dollars, the report found. Continue