The post Banking for the People: Remarks before the CalAccount Blue Ribbon Commission on March <span class="dewidow">23, 2023</span> appeared first on Roosevelt Institute.
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by Brian Czech
Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).
Not only do the banks,
The post Lesson from a Failed Bank: Only One Real Start-Up appeared first on Center for the Advancement of the Steady State Economy.
Capricorn
Spring has sprung, and flowers are blooming. In fact, everyone everywhere is blooming except for you, dear Capricorn. Dry, parched days lay ahead, so this month is the perfect time to join a local knitting circle or Wiccan cooking class. Or any other group that would never be described as “dewy.”
Aquarius
If you choose to be happy, happy you will be. Just not any time soon because you’re a woman over forty. Is this new anger because of hormones or because your moon is rising? Or from some other planetary shit we astrologers make up after knocking back a few mojitos? No idea. You’re just going to be really pissed off for a while.
Pisces
Your natural tendency to be adventurous has been derailed now that your time of the month no longer uses a calendar and just comes and goes as it damn pleases. But don’t let your inability to confidently wear white pants keep you from traveling, dear one. You can probably make it to the nearest Piggly Wiggly and back for a tub of mint chip.
Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all....
Bezalel Smotrich has never hidden or disguised his opinions or violent tendencies, and neither his hate-filled opinions nor his violent past has stood in the way of his meteoric rise in Israeli politics.
The post The Glaring Hypocrisy Surrounding Bezel Smotrich’s Genocidal Comments appeared first on MintPress News.
It’s Women’s History Month, and all month long, we’ve been spotlighting incredible women in tech on our Twitter and Linkedin pages. Today, we’re bringing you an extended highlight of one of the most impressive women in tech today – Anneleen Demasure, CEO of Belgium-based digital experience agency Dropsolid.
Read on to hear Anneleen’s thoughts on being a woman in technology and her advice for other women who want to enter the field!
Alex Krainer's TrendCompass
Yves here. I’m preserving the original OilPrice headline since it invokes one of the themes of a new pro-fossil-fuels messaging campaign, that migrating to cleaner energy sources is contrary to energy security. It’s not hard to see that message hitting home with a lot of voters, particularly ones that live in suburbs or other area with poor public transportation, or in parts of the world where there’s not enough sun for rooftop solar to be anything more than a secondary power source.
One reason the oil, specifically Shell messaging will strike home at least in Europe is the respite from super high energy prices came largely from government subsidies. Those will be reduced or even gone next winter. Bearing the full higher energy cost will make many consumers want relief, climate change impact be damned. Of course, the obvious expedient of rolling back sanctions on Russia is off the table.
The pension reforms currently provoking general strikes, mass protests and widespread public anger in France were first pledged by Emmanual Macron in his 2017 presidential election campaign. Trade unions and opposition parties began to organise against the reforms before the Covid-19 pandemic forced the government to postpone its plans. Then, on January 6th of this […]
I had a sense of déjà vu this week when I read the latest release from Australia’s Productivity Commission – Advancing Prosperity – which was released on March 17, 2023 and is a five-yearly exercise conducted by the Commission on behalf of the Australian government. Frankly, if the government was looking to cut spending while advancing material well-being in the community, they could simply tell the Commission to cease doing this work and instruct the staff involved to get real jobs and do something that matters. We just get a regurgitation of GIGO, that well-practiced art of pretending to have something authoritative to say while one is grabbing money out of the till at a rate of knots to advance self-interest! The problem is that the ordinary citizen is ill-equipped to understand any of the technical hoopla that attempts to shroud these types of Report in ‘credibility’, and so is at a disadvantage when trying to determine whether they should support it through the ballot box. Neoliberalism relies on and exploits our ignorance....William Mitchell — Modern Monetary Theory
Discover the precarious state of the banking system and the need for regulatory reform in this incisive interview with James Fauntleroy, a regular contributor to the Revolutionary Blackout Network, as he discusses the potential for a catastrophic economic crisis.
The post The Banking Crisis, Housing Insecurity and Preparing for the Coming Economic Collapse With James Fauntleroy appeared first on MintPress News.
Indulge me for a moment. This is how “The Prophecy” in my 1962 high school yearbook began. It was written by some of my classmates in the year we graduated from Friends Seminary in New York City. As I wander, I finally run into one of my classmates, now “a skinny old man with bushy white hair, wearing a loose deer skin.” And yes, whatever happened (that “great invasion”) while I was underground in — as anyone of that period would have known — a private nuclear-fallout shelter, is unclear. Still, in the world I find on emerging, all my former classmates, whom I meet one after another in joking fashion, now live in caves. In other words, it had obviously... Read more
Source: Prophecies, Then and Now appeared first on TomDispatch.com.
Mexico’s leftist President AMLO condemned “hypocritical” Republicans who want the US military to invade, declaring “Mexico is an independent and free country, not a US colony or protectorate!” In a massive rally, López Obrador also celebrated the expropriation of oil and lithium, condemning exploitative foreign corporations.
The post ‘Mexico Is Not a US Colony!’: AMLO Condemns Invasion Threats, Celebrates Nationalization of Oil and Lithium appeared first on scheerpost.com.
An economist digging below the surface of an IMF report has found something that should shock the Western bloc out of any false confidence in its unsurpassed global economic clout.
The post Scott Ritter: G7 vs BRICS — Off to the Races appeared first on scheerpost.com.