Article from The Baseline Scenario Posted: 14 Feb 2011 10:49 AM PST By Simon Johnson On behalf of key financial sector players, Keybridge Research has just published a report that claims the Dodd-Frank reforms for over the counter derivatives market “could cost 130,000? jobs. My MIT colleague, John Parsons, deftly …
Who is Influencing Obama’s Budget Proposal? Follow the Funders.
An article from New Deal 2.0 Monday, 02/14/2011 – 1:40 pm by Robert Johnson How the brave new world of money in politics is compromising America’s future. President Obama is a smart man. When Gallup surveys suggest that unemployment is around 10 percent — and that unemployment plus underemployment is …
The Egyptian Tinderbox: How Banks and Investors Are Starving the Third World
Ellen Brown www.webofdebt.com/articles February 2, 2011 “What for a poor man is a crust, for a rich man is a securitized asset class.” –Futures trader Ann Berg, quoted in the UK Guardian Underlying the sudden, volatile uprising in Egypt and Tunisia is a growing global crisis sparked by soaring food …
Happy Anniversary, Mr. Keynes: Victoria Chick and Ann Pettifor
From the Publication of Bloomberg Opinion Never has a book on economics been so anticipated. John Maynard Keynes’s “The General Theory of Employment, Interest and Money” was published 75 years ago today. Back then, there were queues outside the Economists’ Bookshop in Houghton Street, London. Opening hours had to be …
Bernanke Defends Fed Independence from Short-term Politics
Publication from The National Press Club: The Wire New and Noteworthy Bernanke Defends Fed Independence from Short-term Politics Egyptian-style unrest possible if Ukraine fails to expand freedoms, politicians say Click here to read the newsletter.
New GFI Report: International Crime a $650 Billion Business Built on Poverty and Corruption in Developing World
From the publicaiton of Global Financial Integrity FOR IMMEDIATE RELEASE February 8th, 2011 Drug trade single largest component, followed by counterfeiting, finds new report from Global Financial Integrity WASHINGTON, DC – Illicit trade in “goods, guns, people, and natural resources” is a $650 billion enterprise, which most negatively impacts the …
Responsible Investment and Fiduciary Duty
Click here to see report: PRI-Fiduciary-Duty-Webinar-Slides Keith L. Johnson, Program Director International Corporate Governance Initiative University of Wisconsin Law School
Positive Money to Present to ICB and Other News
Dear Hazel, The Independent Banking Commission have published a summary of the submissions they received, in which ours was referenced, ” However, some did view fractional reserve banking as a problem, and called for the Bank of England to be the only creator of money in the economy.” This was …
International Union Leaders in Davos Welcome Sarkozy G20 Commitments on Jobs, Financial Regulation and Tax
Brussels/Davos, 27 January 2011 (ITUC OnLine): Leaders of international trade union bodies at the Davos World Economic Forum meeting this week have welcomed the strong emphasis placed by French President Nicolas Sarkozy on tackling global unemployment and poverty, regulating the financial sector and introducing a financial transactions tax, in his …
Financial Crisis Inquiry Commission – Final Report
Final Report of the Financial Crisis Inquiry Commission – January 2010 The Financial Crisis Inquiry Commission was created to “examine the causes of the current financial and economic crisis in the United States.” In this report, the Commission presents to the President, the Congress, and the American people the results of its …