Your Search Results

Index February 2012

Comments Off

2012-02-01: Legal Loopholes: Critics Question Merkel’s Fiscal Pact Proposal;
2012-02-02: A New Chile is Possible;
2012-02-02: La triste réalité des femmes excisées;
2012-02-03: China and Japan currency swap;
2012-02-03: Kinjy’s journey in Nepal;
2012-02-04: Investors (and Others) Realizing Their Ox is About to be Gored in Mortgage Settlement;
2012-02-05: Portugal’s problems: The next special case?
2012-02-06: The Mondragon cooperatives – valued workers instead of shareholder value;
2012-02-07: Home Foreclosures and Shadow Banking: Why All the Robo-signing?
2012-02-08: Debt Crisis Myth: Why Germany Isn’t Benefiting from Euro’s Woes;
2012-02-09: Egypt: Country in confusion;
2012-02-10: The Upcoming Greek Deal – Recognition of Reality or Complete Evasion of the Truth?
2012-02-10: 38 kurze Videos zur Schweiz, die Banken und den Rest;
2012-02-11: The euro crisis: The hazards of crisis;
2012-02-11: L’abandon de l’excision: C’est par les hommes que ça passera;
2012-02-12: US reaffirms commitment to ending Female Genital Mutilation/Cutting;
2012-02-13: Europe’s black cygnets;
2012-02-14: Mikis Theodorakis speech against IMF …  on 31-5-2011;
2012-02-15: European Doubts Growing over Greece Debt Strategy;2012-02-16: Greece’s woes: A reprieve, nothing more;
2012-02-17: Volcker and Banks;
2012-02-18: Can Labor Organize the Unemployed?
2012-02-19: The Great Recession in Black Wealth;
2012-02-20: Democratizing the Electricity System;
2012-02-21: Document Types Indexed in EconLit;
2012-02-22: Citizens found cooperatives again;
2012-02-23: Real Wealth vs. The Debt Bubble, Catherine Austin Fitts on GRTV;
2012-02-24: The U.S. Government Working for the Abandonment of FGM/Cutting;
2012-02-25: Playing with fire;
2012-02-26: How Greece Could Take Down Wall Street;
2012-02-27: Successful Chinese Emigrating to West in Droves;
2012-02-28: François Hollande: Towards a European New Deal?
2012-02-28: G-20-TREFFEN: Europäer setzen sich mit ESM-Zeitplan durch;
2012-02-29: Die Psychologie des Geldes;
2012-02-29: USA: We need to show consideration for the poor.

USA: We need to show consideration for the poor

Comments Off

Published on The Progressive, by Alvaro Huerta, February 24, 2012.

The poor get no respect in this country. As someone who experienced abject poverty in America’s barrios, I know a thing or two about being disrespected due to my family’s reliance on government aid for a temporary period.  Continue Reading…

Die Psychologie des Geldes

Comments Off

Videos:

Texte:

G-20-TREFFEN: Europäer setzen sich mit ESM-Zeitplan durch

Comments Off

In Zeit Online, 27.02.2012.

Das G-20-Treffen in Mexiko ist ohne eine Entscheidung über den permanenten Rettungsfonds ESM zu Ende gegangen. Erst im März soll über eine Aufstockung entschieden werden … //   Continue Reading…

François Hollande: Towards a European New Deal?

Comments Off

Published on EurActiv, by EurActiv, February 27, 2012. (Original version in french: L’Europe, l’aléa de François Hollande).

As part of an ongoing series, EurActiv France is profiling major candidates in the 2012 French presidential elections, analysing in detail what their political action, programmes and policies mean for the European Union. François Hollande, Socialist candidate and current front-runner, promises a break with the ‘Merkozy’ consensus on Europe’s economic crisis and a revision of the fiscal compact treaty.   Continue Reading…

Successful Chinese Emigrating to West in Droves

Comments Off

Fleeing the People’s Paradise – Published on Spiegel Online International, by Wieland Wagner, February 24, 2012. (Translated from the German by Ella Ornstein).

Despite their country’s stunning economic growth, many successful Chinese entrepreneurs are emigrating to the West. For them, the Chinese government is too arbitrary and unpredictable, and they view their children’s prospects as better in the West.   Continue Reading…

How Greece Could Take Down Wall Street

Comments Off

Published on Global Research.ca, (first on Web of Dept), by Ellen Brown, February 21, 2012.

In an article titled “Still No End to ‘Too Big to Fail,’” William Greider wrote in The Nation on February 15th:

Financial market cynics have assumed all along that Dodd-Frank did not end “too big to fail” but instead created a charmed circle of protected banks labeled “systemically important” that will not be allowed to fail, no matter how badly they behaveContinue Reading…

Playing with fire

Comments Off

Financial innovation can do a lot of good, says Andrew Palmer. It is its tendency to excess that must be curbed – Published on The Economist, February 25, 2012.

… Peterborough is where the proceeds of the world’s first “social-impact bond” are being spent. This instrument is not really a bond at all but behaves more like equity. In September 2010 an organisation called Social Finance raised £5m ($7.8m) from 17 investors, both individuals and charities. The money is being used to pay for a programme to help prevent ex-prisoners in Peterborough from reoffending.   Continue Reading…

The U.S. Government Working for the Abandonment of FGM/Cutting

Comments Off

Published on African Press Organization APO/Database of Press Release, February 20, 2012.

… The U.S. Government has supported FGM/C abandonment efforts since the early 1990s, considering the practice not only a public health concern, but also a human rights issue that violates a woman’s right to bodily integrity. In September 2000, the U.S. Agency for International Development (USAID) officially incorporated elimination of FGM/C into its development agenda, issuing an official policy and strategy on FGM/C that underscored FGM/C as a serious health and human rights issue. The U.S. Department of State emphasizes the need to raise awareness amongst communities at the grassroots level and in humanitarian settings to reduce the practice of FGM/C.   Continue Reading…

Real Wealth vs. The Debt Bubble, Catherine Austin Fitts on GRTV

Comments Off

Watch this video, 18. 36 minutes, published on YouTube, by GRtv, uploaded February 20, 2012:

As a former investment banker and Assistant Secretary of Housing, Catherine Austin Fitts spent years learning how the system really works. Now, she spends her time teaching people about that system and how they can invest their time, effort and money in building a system that works to generate real wealth. This is the GRTV Feature Interview with your host James Corbett and our special guest, Catherine Austin Fitts.

See also Solari.com; Solari Blog; The Solari Report goes behind the headlines to reveal what’s really happening in the global financial system. The Solari Report is a live one-hour briefing with Catherine Austin Fitts which takes place 3-times a month on Thursday evenings at 9:00pm US Eastern time, 6:00pm US Pacific time.

Citizens found cooperatives again

Comments Off

Joint economy – rebirth of an old idea. Villages build wind parks. Discover one’s own potential – Published on Current Concerns, by Hannes Koch, February 13, 2012. (Source: Die Korrespondenten – Translation Current Concerns).

Imagine, ten wind wheels are built behind the fence of your garden of your one-family house and you are not upset about it. What could be the reason for this composure? District chief executive of the Rhoen farmers association, Michael Diestel knows one possible answer to that:

  • “When citizens make their own decisions they will not protest.”
  • “Only your own pigs do not stink”, he cites a saying from farming.    Continue Reading…

Document Types Indexed in EconLit

Comments Off

Published on American Economic Association AEA.

… JOURNAL ARTICLES:

The number of journals indexed in EconLit has grown from 182 periodicals in 1969 to over 1,000 journals today. Journals are selected for inclusion in EconLit on the basis of their peer-reviewed economic content, which must be substantial or of equal emphasis in interdisciplinary journals. Look here for a complete list of journals currently indexed in EconLit * with links to publishers’ URLs.   Continue Reading…

Democratizing the Electricity System

Comments Off

A Vision for the 21st Century Grid – Published on New Rules Project, by John Farrell, June 2011.

Executive Summary: Wind and sun are available everywhere, so renewable energy can be economically harnessed at small scales across the country, state and community.  This nature of renewable energy, coupled with an exponential increase of renewable energy generation here and abroad promises to transform the structure and scale of the nation’s grid system.  But the greater transformation is the democratization of the electric grid, abandoning a 20th century grid dominated by large, centralized utilities for a 21st century grid, a democratized network of independently-owned and widely dispersed renewable energy generators, with the economic benefits of electricity generation as widely dispersed as the ownership …  (Download with internal link) … (full long text, graphics and related links).  Continue Reading…

The Great Recession in Black Wealth

Comments Off

Published on ZNet, by Jeannette Wicks-Lim, February 17, 2012.

The Great Recession produced the largest setback in racial wealth equality in the United States over the last quarter century. In 2009 the average white household’s wealth was twenty times that of the average black household, nearly double that in previous years, according to a 2011 report by the Pew Research Center.   Continue Reading…

Can Labor Organize the Unemployed?

Comments Off

Published on ZNet, by Jenny Brown, February 16, 2012.

Wrenching testimonies from laid-off workers are overflowing the internet, crying out from the pages of policy reports, and popping up in commercial media. But unions are still grappling with how to organize the unemployed, including their own ex-members, into a political force.   Continue Reading…

Volcker and Banks

Comments Off

Published on Real-World Economics Review Blog, by Peter Radford, February 15, 2012.

We have reached a crucial point in our attempt to bottle up the banks. It looks as if they will win. That means the economy will lose, and the likelihood of a new crisis immediately jumps. Read your Minsky. And weep … //   Continue Reading…

Greece’s woes: A reprieve, nothing more

Comments Off

Published on The Economist, February 13, 2012.

… If things run to form, the risk of imminent, disorderly default will be deferred this week. Most private-sector creditors will agree to swallow a big loss on their holdings of Greek bonds; and Greece will legislate to ensure that hold-out creditors are forced to accept the same terms. Official creditors will nod through a €130 billion ($172 billion) bail-out, enabling Greece to meet a big bond payment due in March.   Continue Reading…

European Doubts Growing over Greece Debt Strategy

Comments Off

The Troika’s Policies Have Failed – Published on Spiegel Online International, by SPIEGEL Staff*, February 13, 2012. (Translated from the German by Ella Ornstein and Josh Ward).

… It was a clear message at the beginning of a week in which those seeking to save the euro once again lost fundamental control over their drama. Europe’s leaders had been hoping to finally present to their skeptical citizens a convincing and viable plan for rehabilitating Greece and fortifying the will to preserve the currency union in its current form at any price.

Growing Doubt:   Continue Reading…

Mikis Theodorakis’ speech against IMF … / Η ΟΜΙΛΙΑ ΤΟΥ ΜΙΚΗ ΘΕΟΔΩΡΑΚΗ ΣΤΑ ΠΡΟΠΥΛΑΙΑ 31-5-2011

Comments Off

Listen his speech on YouTube, 22.29 min in greek language, uploaded May 31, 2011 by Elysianwarrior.

More Links:

Europe’s black cygnets

Comments Off

Published on IG Markets, February 9, 2012.

Although the Greece default is the very obvious European black swan at the moment I thought it would be prudent to point out two other things happenning in Europe over the next 12 months that certainly have the potential for evolving from a cygnet into something bigger.  Continue Reading…

US reaffirms commitment to ending Female Genital Mutilation/Cutting

Comments Off

Published on panapress, by PANA SEG, le 7 février 2012.

… ”As we commemorate International Day of Zero Tolerance and remember those who have been harmed, we reaffirm our commitment to overturning deeply entrenched social norms and abolishing this practice,” a State Department release quoted US Secretary of State Hillary Rodham Clinton as saying.   Continue Reading…

L’abandon de l’excision: C’est par les hommes que ça passera

Comments Off

Publié dans Connection Ivoirienne, le 6 février 2012.

Instaurée par les Nations Unies, c’est journée de lutte contre les mutilations génitales féminines, lundi 6 février 2012. 100 à 140 millions de femmes sont excisées dans le monde. C’est en Afrique où la pratique est la plus ancrée, touchant 28 pays. Malgré des lois répressives et des campagnes de prévention, l’excision recule peu… trop peu. Explications de Richard Beddock, vice-président de l’ONG française Gynécologie sans frontières.  Continue Reading…

The euro crisis: The hazards of crisis

Comments Off

Published on The Economist, by R.A., February 7, 2012.

RIGHT now, an awful lot of very smart people are looking at Europe, scratching their heads, and wondering two things:

  • 1) Is it possible that the euro zone has actually figured out a way to muddle through this mess?
  • 2) Did they somehow do all the things I said they needed to do without me noticing?

I don’t know whether the euro zone has figured out a way to muddle through this mess. It seems pretty clear to me that the euro zone has not done the things I thought it needed to do to make it through, but at the moment it isn’t that easy to figure out what the ECB’s actual underlying strategy is. Perhaps time will vindicate me in every way; so I say to myself every morning.    Continue Reading…

38 kurze Videos zur Schweiz, die Banken und den Rest

Comments Off

… im Laufe der letzten Jahre, auf SF1, total 25.07 Minuten:

Jahrzehntelang lebten die Schweizer Banken gut von ihren ausländischen Kunden. Diese konnten dank Bankgeheimnis Steuern sparen und bezahlten die Banken im Gegenzug fürstlich. Das Jahr 2009 markiert einen Wendepunkt für den Finanzplatz Schweiz. Das Bankgeheimnis bröckelt, gegenüber den USA ist es im Zuge des UBS-Steuerskandals faktisch gefallen. Kundengelder fliessen ab, in Milliardenhöhe. Was lief falsch? Und wie soll es weitergehen? ECO.sf.tv zeigt in einer Sondersendung, welchen Banken das Aus droht, und wie sich die Überlebenden neu positionieren müssen.

The Upcoming Greek Deal – Recognition of Reality or Complete Evasion of the Truth?

Comments Off

Published on nacked capitalism, by Philip Pilkington, Dublin/Ireland, February 9, 2012.

Well, it looks like the Greeks are going to get a deal on their debt. Provided they continue to destroy their economy through austerity measure, of course. But then why should it be otherwise – why on earth should logic rule when crass moralising is so much more palatable?  Continue Reading…

Egypt: Country in confusion

Comments Off

Published on Al-Ahram weekly online, by Khaled Dawoud, 2 – 8 February 2012.

The protesters, who headed to parliament building in demonstrations from different districts of Cairo, mainly belonged to leftist and liberal groups who insist that they were the ones who sparked the 25 January Revolution that started in Tahrir Square a year ago, only later joined by Brotherhood supporters when it became clear that the tide was turning against Mubarak.   Continue Reading…

Debt Crisis Myth: Why Germany Isn’t Benefiting from Euro’s Woes

Comments Off

Published on Spiegel Online International, by Sven Böll, February 7, 2012.

There is a widespread belief that Germany is the big winner of the euro crisis, as investors stash their money in the euro zone’s last safe haven, driving interest rates on German bonds down to record lows. But the idea is just a myth. Indeed, the crisis could end up costing Berlin dearly … //   Continue Reading…

Home Foreclosures and Shadow Banking: Why All the Robo-signing?

Comments Off

Why the AGs Must Not Settle: Robo-signing Is Just the Tip of the Iceberg – Published on Global Research.ca (first on Web of Dept), by Ellen Brown, February 5, 2012.

… The details of the robo-signing scam were spelled out in my last article, The robo-signing fraud and its implications are expanded on below.

Why All the Robo-signing?   Continue Reading…

FEMMES-PAKISTAN-INDE: Les femmes dénoncent un rituel secret de mutilations sexuelles

Comments Off

Publié dans IPS, par Zofeen Ebrahim, le 6 février 2012.

KARACHI, 30 janvier (IPS) – Alefia Mustansir (40 ans) se souvient de cet épisode de son enfance: C’était une pièce sombre et lugubre. Une vieille dame m’a demandé d’enlever mes collants, de m’asseoir sur une chaise en bois, d’écarter les jambes. Ensuite, elle m’a fait quelque chose. J’ai hurlé de douleur.  Continue Reading…

The Mondragon cooperatives – valued workers instead of shareholder value

Comments Off

Published on the Real-World Economics Review Blog, by merijnknibbe, February 4, 2012.

Economists often have a stunning lack of knowledge about the kaleidoscope of different kinds of companies which exist. The neo-liberal, financially focused, manager based, non-family, private business with shares which are traded at some kind of stock exchange seems to be their main frame of reverence, despite the fact that many other kinds of businesses do better and often much better, for one thing because they focus less on short-term shareholder value. One of these non neo-liberal kinds of businesses are Mondragon type of cooperatives (over 80.000 employees) …

Link: Some most relevant data on MONDRAGON.

Portugal’s problems: The next special case?

Comments Off

Renewed optimism about the euro zone has passed Portugal by – Published on The Economist, February 4, 2012.

SINCE the start of the euro crisis, a hope has been that a way could be found to support governments that were temporarily short of cash (because of skittish bond investors) but that had public finances that were otherwise sound. The €489 billion ($643 billion) of cheap cash that the European Central Bank lent in December to banks for three years may prove such a scheme.  Continue Reading…

Investors (and Others) Realizing Their Ox is About to be Gored in Mortgage Settlement

Comments Off

Published on nacked capitalism, by Yves Smith, February 3, 2012.

Investors have been remarkably passive as banks and servicers have taken advantage of them. We’ve heard numerous reports of servicer fee abuses that amount to stealing from investors (remember, if you overcharge a stressed borrower and that borrower loses his home, the money in the end comes out of pension funds and 401 (k)s when the excessive fees are deducted from the proceeds of the sale of the home).   Continue Reading…

Kinjy’s journey in Nepal

Comments Off

Nepal.mov, 8.37 min: The Journey of Kinjy, a young nepali girl, from her home deep inside the Himalayan mountains to the Sherpa boarding school in bandhar.

China and Japan currency swap

Comments Off

Published on Pambazuka News, by Horace Campbell, January 26, 2012.

China and Japan have taken a decisive step to diversify their reserve holdings away from the dollar. African peoples have a lot of lessons to learn from both the capitalist crisis in Europe and this new financial arrangement.

INTRODUCTION:    Continue Reading…

La triste réalité des femmes excisées

Comments Off

Publié dans RNW, par Joseph Wanzusi, à Kapchorwa, 27 janvier 2012.

L’excision féminine, souvent appelée mutilation génitale féminine (MGF), concerne environ 92 millions de filles de plus de 10 ans en Afrique. En Ouganda, la pratique a été officiellement interdite par le gouvernement en 2009, mais elle est encore pratiquée dans les zones rurales par les tribus comme celle des Sabiny dans l’est du pays.     Continue Reading…

A New Chile is Possible

Comments Off

Published on ZNet, by Raul Zibechi, January 30, 2012.

Chilean students question the education system as commercial and elitist because it reproduces existing social inequities and makes them worse. But they are not just asking questions: They are practicing the kind of education they have spent years dreaming about and struggling to obtain.   Continue Reading…

Legal Loopholes: Critics Question Merkel’s Fiscal Pact Proposal

Comments Off

Published on Spiegel Online International, by Carsten Volkery in London, January 27, 2012.

It’s German Chancellor Angela Merkel’s pet project – a new European Union fiscal pact to ensure members’ budgetary discipline through stricter controls. But European legal experts have doubts about its viability, while critics say there are more important issues at hand. The final decision is planned for the next European Union summit on Monday. There leaders from 26 of the 27 member states plan to finalize the new fiscal pact, the agreement pushed hard by Chancellor Angela Merkel requiring signatories to adhere to strict fiscal policy guidelines.    Continue Reading…