Trans-Pacific Partnership talks going on in Ottawa

CBC, By Kristy Kirkup, July 3

Trade officials from Canada and other Asia-Pacific nations are meeting behind closed doors in Ottawa to discuss the Trans-Pacific Partnership, a massive free-trade proposal that could create one of the world’s largest trading blocks.

The TPP currently comprises 12 countries, including Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New [...]

India likely to ease restrictions for foreign online retailers in July

Reuters, By Nandita Bose & Rajesh Kumar Singh, June 4

Mumbai, New Delhi – India could allow global online retailers such as Amazon.com Inc (AMZN.O) to sell their own products as early as next month, removing restrictions that have held back competition in one of the world’s biggest, and most price-sensitive, retail markets.

The decision, [...]

Saving Europe with MMT, or as goes Europe, goes the World…

Ian Welsh wrote, and we’ve commented, because while Ian provides penetrating analysis, there is no suggestion of solutions, for example those on which Marine Le Pen campaigns, which seem cogent: Restore the Franc, Restore Sovereignty, and Control Multiculturalism.

[...]

Piketty Fence

So I’m back from vacation and I keep seeing this name on my Tweeter and FacePlace feeds: Thomas Piketty.

Sounds vaguely Dickensian.

From what I gathered, Piketty wrote a book which proposes a new economic theory that would put paid to many of the basic notions that support capitalism.

[...]

Neoliberalism, the Revolution in Reverse

The Baffler, By Chris Lehmann, The Baffler No. 24, 2014

By any reasonable measure, the neoliberal dream lies in tatters.

In 2008 poorly regulated financial markets yielded a world-historic financial collapse. One generation, weaned on reveries of home ownership as the coveted badge of economic independence and old-fashioned American striving, has been plunged into foreclosure, [...]

Obama’s Presidential Library Announced: Details

The White House announced today that the site for the Obama Presidential Library will be built in multiple cities, with multiple wings to the library, to continue the momentum of bipartisanship started under the Obama Administration.

A White House spokesman said :

We’re providing the list of cities and wings we can identify. In keeping [...]

Elizabeth Warren as the anti-Clinton

Warren proceeds to calmly recite numbers that could inspire even librarians to storm a few barricades. The Wall Street crash has cost the US economy $14tn, she says, but its top institutions are 30% larger than before, own half the country’s bank assets and are in receipt of an implicit taxpayer subsidy of $83bn [...]

The Global Corporatocracy is Almost Fully Operational

2013 is proving to be a hectic year for corporate lobbyists and free trade advocates, as they frantically flit, like busy bees pollinating succulent orchids, from one global free trade conference to another. And at long last, it seems that their hard work appears to be paying off.

In the last month alone world leaders [...]

Humanity is drowning in Washington’s criminality

Decline and Fall – Snoop Daddy ECHELON, Real Unemployment, Syria

A chronicle of the spectacular incompetence of those who purport to lead us

WASHINGTON – Edward Snowden, the former NSA contractor, revealed a government process of spying on citizens and organizations, not information about the subjects of cyber spying. If not illegal, it is a process that should be illegal. The real term for what [...]

Last Chance – Stop Florida’s HB 87 and ForeclosureGate II

Florida Governor Rick Scott may have just one more day to veto Florida’s big-bank friendly foreclosure act, HB 87. Nearly 1,200 Floridians have signed the Veto Florida’s Foreclosure Act Petition, despite indifferent coverage by Florida’s mainstream media. We would know the exact deadline required for the governor’s veto if HB 87 appeared on the governor’s [...]

Monsanto Wins Poison Seed Case

A unanimous supreme court ruled that patent agreements run with the object. This means that buying patented beans, planting them, and then finding out which ones have patented genes, requires paying the patent owner.

Florida HB 87, Homeowners, and the Foreclosure Inferno

UPDATE May 14, 12:19 AM EDT Where is HB 87? Governor Rick Scott has not vetoed the big bank friendly Florida foreclosures law according to his 2013 Bill Action web site. In fact, the law, passed by the Senate on May 3, 2013, is not even listed on the bill action web site. Since the [...]

She makes you sick, takes your money, then bumps you off

That’s what Blythe Masters of JPMorgan does based on evidence from the Federal Energy Regulatory Commission (FERC) and JPMorgan’s recent history. (Image: UCS)

Coal power is the leading source carbon dioxide (CO2) in the atmosphere. CO2 is the leading cause of climate change. Once airborne, the man made filth sticks around for 2 to 20 [...]

Paul Craig Roberts – The Financial Press–A Disinformation Machine

By Paul Craig Roberts

Dave Kranzler of Golden Returns declares the April payroll jobs report that was released on May 3 by the Bureau of Labor Statistics to be “fictitious.” [1]

Statistician John Williams (shadowstats.com) says both the jobs report and unemployment rate are “nonsense.”

I agree with both. But don’t expect the financial [...]