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We Need a Global Tax on Financial Speculation (www.progressive.org)
British Prime Minister Gordon Brown unveiled an eminently sensible proposal this week: to place a 50 percent tax on all bankers’ bonuses in his country. But another, even more sensible idea of his... More
Submitted 3 months ago by lizchapman | 0 Comments |
Why a Financial Transaction Tax Makes Sense (industry.bnet.com)
Along with legislation to break up big banks, support is growing for another way to stabilize the financial system: a transactions tax. The idea is to levy a small tax — a fraction of one... More
Submitted 3 months ago by codydamon | 0 Comments |
Weekly Audit: The Unemployment Epidemic
(open.salon.com)
The U.S. unemployment rate officially broke 10% for the first time since the early Reagan years. This is about as bad as it gets for a modern, developed economy. If Congress and President Obama... More
Submitted 4 months ago by lizchapman | 0 Comments |
The Price of Crisis Relief
(www.truthdig.com)
Calculations based on data from the IMF show that per capita spending to resolve the current economic crisis has hit $10,000 per person in the U.S., and an even more staggering near-$50,000 per person... More
Submitted 6 months ago by raquelbrown | 0 Comments |
"I would shut down the hedge fund industry" | Salon
(www.salon.com)
John R. Talbott is a former investment banker with Goldman Sachs and the author of "The 86 Biggest Lies on Wall Street," "Contagion," "Obamanomics," and "The Coming Crash in the Housing Market."
Submitted 7 months ago by raquelbrown | 0 Comments |
Groups Urge Radical Reforms as IMF Offers New Loans
(us.oneworld.net)
Two weeks before U.S. President George W. Bush hosts an economic summit to address the six-week-old financial crisis that has wreaked havoc on the world's capital and stock markets, a coalition of... More
Submitted about 1 year ago by cdoherty | 0 Comments |

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