Financial Reform Newsletter January 9, 2015 Welcome to 2015! Many have asked what was in the news over the holidays that they might have missed, but would want to know. Here are some highlights: Again, why Silicon Valley (and all of corporate America more broadly) needs to care about …
New Research: Which Fossil Fuels Must Be Left Unburned (Whose, Where, How Much)
Leave fossil fuels buried to prevent climate change, study urges New research is first to identify which reserves must not be burned to keep global temperature rise under 2C, including over 90% of US and Australian coal and almost all Canadian tar sands • George Monbiot: Why leaving fossil fuels …
Federation and Coopera Launch Campaign to Reach Immigrants Through Credit Unions
“Ethical Markets supports the further use of co-operatives, credit unions and such democratic forms of financial services. Cooperative enterprises already employ more people than all the commercial, for-profit companies in the world combined ( 2013 was the UN Year of Cooperatives).” Hazel Henderson, Editor Federation and Coopera Launch Campaign to …
EU Showdown: Greece Takes on the Vampire Squid
Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no more.” …
Democrats Defeat Effort to Deregulate Wall Street
For Immediate Release http://democrats.financialservices.house.gov/ January 7, 2015 Follow us on Twitter: @FSCDems House Democrats Defeat Effort to Deregulate Wall Street WASHINGTON, D.C. – Today, after leading the effort to oppose House Republicans’ renewed attack on the Dodd-Frank Wall Street Reform Act, Ranking Member Maxine Waters (D-CA), …
Financial Reform Newsletter
December 23, 2014 Before we get to the best of Jon Stewart and Steven Colbert 2014 Wall Street segments, here are a few items that might interest you: What Was That Year-End CRomnibus Swaps Push Out Funding Fight All About and Why Should Anyone Care? Take a few minutes to …
Financial Reform Newsletter
Financial Reform Newsletter December 18, 2014 The 2008 financial crash caused the worst economy since the Great Depression of the 1930s, but the top 1% are doing very well: Last week’s newsletter discussed yet another study showing how middle-class wealth has plummeted since the crash of 2008. Today’s New York Times shows …
Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives
Ellen Brown http://EllenBrown.com December 19, 2014 The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank …
Re-design Quantitative Easing to Finance Sustainable Inclusive Future
“Ethical Markets agrees with this shift of QE from bailing out past mistakes to investing in sustainable inclusive societies as we track in our Green Transition Scoreboard®.” ~ Hazel Henderson, Editor Introduction As real growth is absent in the economies of the Global West, both central bankers and politicians …
FIRST-OF-ITS-KIND REPORT RANKS U.S. ELECTRIC UTILITY COMPANIES’ RENEWABLE ENERGY, ENERGY EFFICIENCY PERFORMANCE
BOSTON, MA (July 24, 2014) — As the U.S. Environmental Protection Agency (EPA) prepares for July 29-Aug 1 listening sessions on its Clean Power Plan for existing power plants, a new report from Ceres and Clean Edge ranks the nation’s largest electric utilities and their local subsidiaries on their renewable …