Capitalism in Crisis: Who are the REAL “Takers”? Capitalism is in crisis across the globe. When both the President of the United States and the Pope take out after its worst manifestations within days of each other, you know there’s an internal time-bomb inside this dysfunctional economic system. Though the American population clearly feels and is forced to deal with the ramifications of this failing system, it’s highly unlikely that capitalism will be dismantled in favor of full-scale socialism. (Even though recent U.S. polls demonstrate that “socialism” no longer is a boogeyman to be frightened of.) So the question now is which type of economic system do we want to live under: hard line, I’ve-got-mine-Jack-you’re-on-your-own capitalism? “capitalism with a human face”? democratic socialism? a new blend?
Tag: government
• Agency given more than 200 numbers by government official • NSA encourages departments to share their ‘Rolodexes’ • Surveillance produced ‘little intelligence’, memo acknowledges The National Security Agency monitored the phone conversations of 35 world leaders after being given the numbers by an official in another US government department, according to a classified document provided by whistleblower Edward Snowden. The confidential memo reveals that the NSA encourages senior officials in its “customer” departments, such the White House, State and the Pentagon, to share their “Rolodexes” so the agency can add the phone numbers of leading foreign politicians to their surveillance systems.
Global Research News Hour Episode 41 Backing away from the Precipice The American public, and much of the world were treated to a dramatic showdown as elected representatives on Capitol Hill sparred over how money…
The last major change to Japan’s secrecy law was made in 2001 when the Diet revised the Self-Defense Forces Law (jietai-ho) to include a new provision protecting information designated as a “defense secret”…
Other Constitutional Provisions … and The Declaration of Independence In addition to the trampling of the Bill of Rights, the government has also trashed the separation of powers enshrined in the main body of the Constitution. The government is also engaging in activities which the Founding Fathers fought against, such as taxation without representation (here and here), cronyism, deference to central banks, etc. As thethe preamble to the Declaration of Independence shows, the American government is still carrying out many of the acts the Founding Fathers found most offensive: He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures. He has affected to render the Military independent of and superior to the Civil power. He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation: For transporting us beyond Seas to be tried for pretended offences. He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation and tyranny, already begun with circumstances of Cruelty & perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation. He has abdicated Government here, by declaring us out of his Protection and waging War against us.
Not that long ago government and free market proponents were at sword’s point, but no more. With little left in the private sector to rip off, the financial gangsters have turned to the public sector…
The “shutdown” of the US government and the financial climax associated with a deadline date, leading to a possible “debt default” of the federal government is a money making undertaking for Wall Street. Several overlapping…
“The Government will neither propose nor implement measures which may infringe the rules on the free movement of capital. Neither the State nor other public bodies will conclude shareholder agreements with the intention or effect…
Since Malaysia’s general election last May, UMNO has been attempting to redefine its electoral base to include bumiputera or native groups across the country, most of them in East Malaysia in Sabah and Sarawak, and…
(Editor’s note: A paper presented to the International Forum on Malaysia 50 Years On: Expectation Vs. Reality,1 BORNEO GRAND BALLROOM; Kota Kinabalu, Sabah, Malaysia on 5th October, 2013] Introduction Malaysian society has been preoccupied with…