Category: The Corporation

November 4, 2008

Free markets fail

Duncan Cameron of rabble.ca discusses in this article how the free market has, and continues to, fail us. I copied the following: … price setting is not politically neutral after all. The market does not abolish power relationships: it facilitates the accumulation of market power in fewer and fewer corporate hands. The accumulation of economic power leads straight to the concentration of political power and […]

October 31, 2008

Paulson’s Swindle Revealed

From The Nation, we get this article . By now, some (maybe most) of you are saying, ‘yeah Bill.  We get it.  We’re getting ripped off and this is Georgie’s last stab at the world for making fun of him all these years.  We’re in the middle of the heist of the century.’ At least, I hope you are. Because once you do, then hopefully […]

October 29, 2008

Iceland: A Victim of Economic Larceny

I don’t think the little nation of Iceland entered the news much before September 2008.  When it did, it was depicted as iconic in its efforts to purchase hydrogen buses, run everything on geo-thermal energy and the home land of Bjork. Now, it’s the victim of economic larceny . The people of Iceland are being forced to pay 18% interest on their debts in order […]

October 28, 2008

How pirates fashioned our financial crisis

For those of you who don’t read the Star, I thought this was a great piece , as it added a very unique spin to the whole financial crisis and why our corporations are the way that they are. After seeing The Corporation several years ago, I understood their point that there was some kind of psychosis that was driving this institution.  However, when you […]

October 28, 2008

Paulson’s Plan and the Sucker Who Bought It

Original story here . Folks, this bailout money isn’t about loosening credit for consumers or businesses, but consolidating wealth and power in fewer and fewer banking hands. That’s great business for the banking elites, but lousy business for the US taxpayer. And it’s all being orchestrated by one of their own, in the shape of Hank Paulson , ably assisted by Neel Kashkari , another […]