Federal Reserve Chairman Ben S. Bernanke may have to overcome divisions among policy makers should he seek to maintain record stimulus past June, minutes of the Fed’s March 15 meeting indicate. http://www.bloomberg.com/news/2011-04-06/bernanke-may-have-to-overcome-fed-split-on-maintaining-stimulus.html
5 Ways GE Plays the Tax Game
A publication of Propublica by Jeff Gerth, ProPublica, and Allan Sloan, Fortune GE is in a class by itself when it comes to paring its tax rate well below the top U.S. corporate rate of 35 percent – sometimes into the single digits – using an array of strategies that …
Significant Development on the Smart FTT
Guest Blog by Angus Cunningham, Principal, Authentix Coaches, www.authentixcoaches.com, March 2011 The New York Times carried an article yesterday by Gretchen Morgenson, who often writes on issues of financial reform, in which the US Treasury appears, so far, to be supporting the case of big banks for unrestricted freedom in …
Keeping The State’s Money In The State: An Alternative Solution To The Budget Crisis
Ellen Brown March 26, 2011 www.webofdebt.com/articles Cut spending, raise taxes, sell off public assets – these are the unsatisfactory solutions being debated across the nation; but the budget crises now being suffered by nearly all the states did not arise from too much spending or too little taxation. They arose …
G20 Finance Ministers on Wrong Track
INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 067/230311 G20 Finance Ministers on Wrong Track Continued failure to tackle jobs crisis Further social unrest likely due to policy failures Destructive finance sector bonus culture left untouched Brussels, 23 March 2011 (ITUC OnLine): Trade unions are demanding a fundamental change in direction from …
Global Sustainable Investment Organizations Hold First International Strategic Meeting
Washington, D.C. March 18, 2011 — In early March, the leaders of sustainable and responsible investment associations around the world gathered for an unprecedented two-day strategic summit meeting in New York City. The seven representatives of major financial hubs and regions included the Social Investment Organization (Canada), Social Investment Forum …
Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens
I would like to call your attention to a new book by UK-based journalist Nicholas Shaxson called “Treasure Islands: Tax Havens and the Men Who Stole the World”. (US Edition, “Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens,” scheduled for release April 12, 2011) Mr. Shaxson plunges …
Business against Europe: BusinessEurope celebrates social onslaught in Europe
The Euro Pact is a major step towards a corporate model of economic governance in the European Union, which will result in a major attack on social rights and living standards. So far, it looks like the big business lobby is winning the policy battle, at the expense of the …
Treasure Islands: Tax Havens and the Men Who Stole the World by Nicholas Shaxson
Reviewed by Jeremy Haken I would like to call your attention to a new book by UK-based journalist Nicholas Shaxson called “Treasure Islands: Tax Havens and the Men Who Stole the World. (US Edition, Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens, scheduled for release April 12, 2011) …
Effort to Curb Oil Profiteering Gains Steam
*WASHINGTON, D.C.* – A move to corral speculators who’re feverishly trading oil contracts and driving up the price of gas at the pump picked up steam today as a baker’s dozen of U.S. senators joined together to press regulators for an immediate crackdown. Read more…