‘Reforming Global Finance’
News, opinion, proposals for reforming finance at global and national levels. Tracks new laws to curb speculative finance, transaction taxes and how financiers caused the collapse of 2008-9. News on monetary-systems reform of the Federal Reserve, IMF, World Bank, BIS and central banks.
Relates to: SRI, Transforming Finance, Beyond GDP, Community Development Solutions, Reports You Need, EthicalMarkets.tv
Meet the Financial Wizards Working With Occupy Wall Street
Meet the Financial Wizards Working With Occupy Wall Street The bankers, quants, and hedge fund gurus who want to reform our financial system—by helping OWS kick ass. —By Josh Harkinson | Tue Dec. 13, 2011 3:00 AM PST 86 Cathy O'NeilCathy O'Neil, a participant in the Alternative Banking Group Josh Harkinson High up in a Manhattan [...]
Icelandic Anger Brings Debt Forgiveness in Best Recovery Story
Hat tip to our colleague Paul H. Ray! The population of Iceland did not bail out their rapacious banks and financial pirates and lo and behold, Iceland is back on track — in contrast to Greece whose leaders have capitulated. There is a lesson in here, both for the Greeks and for the other part of the 99%. Paul Icelandic Anger Brings Debt [...]
More Great News to Friends of the American Monetary Institute
Dear Friends of the American Monetary Institute Some more really GREAT news on HR2990: The Quakers in Ohio (Northeast Ohio American Friends Service Committee, AFSC) are supporting Dennis Kucinich's HR 2990 NEED Act! Attached and at this link is their statement on how it will promote political and economic justice. See: [...]
Campaigners welcome moves to tackle tax evasion, but highlight ongoing loopholes in global controls against dirty money
Campaigners welcome moves to tackle tax evasion, but highlight ongoing loopholes in global controls against dirty money Washington DC/ London, February 16, 2012: The Task Force on Financial Integrity and Economic Development (TF) welcomes moves to tackle tax dodging announced by the global body charged with fighting financial crime. Under [...]
Democratizing Money – Restoring Prosperity
The Public Banking Institute would like to extend this invitation for you to attend our inaugural National Conference on April 27 and 28 in Philadelphia, Pennsylvania. Please be sure to join us for a welcome reception the evening of Thursday, April 26. After the unparalleled increase in interest in banking and monetary reform this past year, this [...]
Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS)
Hat tip to Yves Smith! Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS) Posted: 13 Feb 2012 10:13 PM PST Yves here. No one should be surprised that Bloomberg is reporting today that Goldman is aggressively lobbying for a Volcker Rule waiver for its role as a sponsor of and investors in “credit [...]
Greece: Why Not Go Back to the Drachma?
An article from The Globalist Greece: Why Not Go Back to the Drachma? By Thanos Skouras | Tuesday, February 07, 2012 In the international debate about Greece's future options, it is often argued that the only way out for Greece is to abandon the euro and return to its national currency. As Thanos Skouras points out, that strategy would [...]
Occupy the Neighborhood: How Counties Can Use Land Banks and Eminent Domain
Occupy the Neighborhood: How Counties Can Use Land Banks and Eminent Domain Ellen Browneb_small Chairman and President Public Banking Institute An electronic database called MERS (Mortgage Electronic Registration Systems) has created defects in the chain of title to over half the homes in America. Counties have been cheated out of millions [...]
UN Officials Urge Measures to Boost the World’s Flagging Economy
"This conventional "inside the economics box" view , with few new ideas, shows how much further the economics profession needs to go to improve its understanding of today's true global situation. Hazel Henderson, Editor-in-chief" UN OFFICIALS URGE MEASURES TO BOOST THE WORLD'S FLAGGING ECONOMY New York, Feb 7 2012 6:05PM Senior United Nations [...]
Un Official Calls For ‘Global New Deal’ To Fix Broken Global Economy
Un Official Calls For ‘Global New Deal’ To Fix Broken Global Economy New York, Feb 7 2012 1:05PM The world needs “a global new deal” to break the mould of economic thought that led to the international financial crisis, the head of the United Nations agency tasked with promoting trade and development says today. In a newly released [...]
