Infrastructure Sticker Shock: Financing Costs More than Construction

Funding infrastructure through bonds doubles the price or worse. Costs can be cut in half by funding through the state’s own bank. “The numbers are big. There is sticker shock,” said Jason Peltier, deputy manager of the Westlands Water District, describing Governor Jerry Brown’s plan to build two massive water tunnels through …

IORP II impact studies, people roundup, APG DC platform, Polish reform, Rabobank, Thornburg

      Dear Dr Hazel Henderson                 Today’s top stories             European Commission asks ECB, Joint Research Centre to conduct IORP II impact studies   EUROPE – Brussels seeks to gauge potential impact on markets, occupational pension funds. …

European Parliament seals ban on ‘sovereign debt speculation’

News European Parliament seals ban on ‘sovereign debt speculation’ 15 Nov 2011 EUROPE – The European Parliament has voted into law a regulation to curb short selling and trading in credit default swaps (CDS). With the vote, naked CDS trading – the purchase of default insurance contracts without owning the …

Why QE2 Failed: The Money All Went Offshore

Why QE2 Failed: The Money All Went Offshore Ellen Brown July 8, 2011 http://WebofDebt.com/articles On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got …