Tag Archives: banks

Trump Boosts Most Wasteful Department, Reduces All Others

Eric Zuesse On February 27th, Reuters headlined “Trump seeks ‘historic’ increase of 9 percent in U.S. military’s budget” and reported that “Trump will ask Congress to boost Pentagon spending in the next fiscal year by $54 billion in his first budget proposal … Continue reading

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Expropriation and Impoverishment: “Capitalist” Greece and “Socialist” Venezuela

Yesterday I noted that not all assets will make it through the inevitable financial re-set. ( Which Assets Are Most Likely to Survive the Inevitable “System Re-Set”?) Those that are easy to expropriate will be expropriated, and those assets vulnerable … Continue reading

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Why Our System Is Broken: Cheap Credit Is King

Cheap credit–newly issued money that can be borrowed at low rates of interest–is presented as the savior of our economic system, but in reality, it’s why our system is broken. The conventional economic pitch goes like this: cheap credit enables … Continue reading

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U.N.’s Legal Expert Calls Proposed Trade Deals Illegal

Eric Zuesse Alfred de Zayas, the U.N.’s Independent Expert on the Promotion of a Democratic and Equitable International Order, is assigned the task to apply the standards of international law to proposed treaties, to determine whether they’re in accord with international law. On Friday, June … Continue reading

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Hillary Clinton Scored with Republican Donors

Eric Zuesse An analysis of Federal Election Commission records, by TIME, which was published on 23 October 2012, just before Obama’s re-election against Republican Mitt Romney, showed that the 2012 donors to Romney’s campaign were already donating more to Hillary Clinton’s 2016 … Continue reading

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