How Congress Could Fix Its Budget Woes, Permanently

Jay OwenReforming Global Finance

How Congress Could Fix Its Budget Woes, Permanently Ellen Brown http://WebofDebt.com/articles February 8, 2013   As Congress struggles through one budget crisis after another, it is becoming increasingly evident that austerity doesn’t work. We cannot possibly pay off a $16 trillion debt by tightening our belts, slashing public services, and …

New Bretton Woods Update (No.84) Jan/Feb 2013 out now

Jay OwenReforming Global Finance

  Bretton Woods Update No. 84   January/February 2013     PDF version | At Issue PDF | text version Please find below the highlights of the Bretton Woods Update No. 84(January/February 2013). We have also launched a new At Issue briefing, The World Bank on Jobs: a “significant departure” or “business as usual”? by Public World’s Brendan Martin.  forest …

TRANSFORMING FINANCE STILL TOP PRIORITY

Jay OwenReforming Global Finance, Articles by Hazel Henderson

TRANSFORMING FINANCE STILL TOP PRIORITY By Hazel Henderson © 2013, first published on CSRWire Feb. 8, 2013   Despite incremental reforms: the Dodd-Frank Act in the USA, Basel III and the 0.1% financial transaction tax now approved by EU finance ministers, the global financial casino is still playing.  Financial lobbying still seeks to …

The .03% Solution

Jay OwenReforming Global Finance, SRI/ESG News

Wednesday, February 6, 2013 The .03% Solution by Jesse Eisinger | @eisingerj | How a tiny tax on financial transactions could raise revenue and help the capital markets. More coverage: The Trade   |   | Forward to a Friend Get More ProPublica Facebook Twitter Podcast YouTube Tumblr iPhone app RSS You received this e-mail because you subscribe to …

Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt.

Jay OwenReforming Global Finance

Published on Jan 25, 2013 Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as a model of economic recovery after its near-collapse four years …

Transforming Economics Into True Wealth

Jay OwenReforming Global Finance, Transforming Finance

November 2012  The statement on TRANSFORMING ECONOMIES INTO TRUE WEALTH is an invitation to fully engage in the planetary whole-system shift now under way.  Many SRI investment professionals recognize our human responsibility for the many breakdowns in our societies and enfolding ecosystems resulting from our limited consciousness: climate change, hunger, …

EU gives member states green light to introduce Financial Transaction Tax

Jay OwenReforming Global Finance

EU gives member states green light to introduce Financial Transaction Tax   EUROPE – European Union finance ministers have given 11 member states the green light to implement the controversial Financial Transaction Tax (FTT). The news comes a month after a majority of MEPs gave the same member states the go-ahead …

WORLD’S YOUTH FACING WORSENING UNEMPLOYMENT, WARNS NEW UN REPORT

Jay OwenReforming Global Finance, SRI/ESG News

WORLD’S YOUTH FACING WORSENING UNEMPLOYMENT, WARNS NEW UN REPORT New York, Jan 21 2013  7:00PM Global unemployment rose in 2012 amid continuing economic insecurity and insufficient policies stifling overall hiring, a new report by the United Nations labour agency has warned, adding that the world’s youth were most vulnerable to …

The Trillion Dollar Coin: Joke or Game-changer?

Jay OwenReforming Global Finance

We agree with lawyer Ellen Brown, president of the Public Banking Institute, in this important article.  — Hazel Henderson, Editor The Trillion Dollar Coin: Joke or Game-Changer? By Ellen Brown, author, Web of Debt The trillion dollar coin actually represents one of the most important principles of popular prosperity ever …

As 2013 begins, the introduction of a financial transaction tax (FTT) in a selection of European countries looks closer to becoming reality then ever.

Jay OwenReforming Global Finance

  After a first (failed) attempt by the European Commission to introduce a common system for a broad based FTT in the EU in 2011, the proposal has gained new life when 11 Eurozone countries were able to agree on the proposal and move it forward under the ‘enhanced cooperation …