Lessons from Iceland, Where Offshore Created an Onshore Bubble Free of Rules and Regulations
In Iceland, the rapid growth of offshore, meaning tax evasion, along with harmful, even criminal, practices produced a massive boom and bust.
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Consumer Financial Protection Bureau to Put End to Mandatory Arbitration for Consumer Loans, Credit Cards
Ding, dong, the witch of mandatory arbitration is (on its way to being) dead.
Read more...Spontaneous Protests in Baghdad Green Zone Show Cracks in the Security Apparatus
The occupation of Parliament in Iraq’s Green Zone is a secular, cross-ethnic group effort.
Read more...Nuland Tells Cyprus To Cut Russian Ties – Pressures Anastasiades To Accept Nato Plan For Turkish Troops In Cyprus
Victoria Nuland is leading a US effort to pressure Cyprus to accept a secret NATO plan to keep Turkish forces on the island.
Read more...“Free Trade” in Trouble in the United States
“Free trade” policies, in a world of substantially liberalized trade, no longer elicit knee-jerk support. About time.
Read more...Bill Black: Free Markets Mean Zero Economic Profit – or a 99% Profit Markup
How “free market” ideology produces companies like Valeant, which Warren Buffett’s partner Charlie Munger called a “sewer,” “corrupt,” and “criminal.”
Read more...Gaius Publius: Politico – Less than 1% of the Hillary Victory Fund Benefited State Parties
The Hillary Victory Fund exposed as a campaign-finance-law-breaking money laundering operation.
Read more...Andrew Ross Sorkin Helps Obama Airbrush His “Economic Legacy” with Obsequious Exclusive Interview in the New York Times
Obama’s “economic legacy” contextualized.
Read more...Greenpeace Leak Exposes Big EU-US Rifts, US Thuggishness, in TTIP “Trade” Negotiations
A leak of a major set of TTIP documents may throw a spanner in the works of a deal that is already contested in the US and EU.
Read more...Randy Wray: Progressives Don’t Let Friends Vote Neocon
If you take a hard look at Clinton’s neocon policies, it’s far from obvious that she’s a less dangerous Presidential pick than Trump.
Read more...Will Clinton Attempt to Bring Sanders Supporters into the Democratic Fold?
“Sanders will be ignored and shunned.” Will be? This has been the game from the outset.
Read more...Michael Hudson: The Wall Street Economy is Draining the Real Economy
How Wall Street is interjecting itself into the economy so that more and more is diverted to pay interest, insurance and rent.
Read more...How the New York Times Helped Hillary Hide the Hawk
Hillary Clinton’s macho, um, muscular stance in foreign affairs has delivered a series of disasters. Yet she remains a true believer in the idea that the US is and should remain the world’s sole superpower. And the New York Times pointed that out only after the New York state primary (well, they glossed over the disasters part).
Read more...Has the Time Come to Consider Criminalising Tax Avoidance?
A rare call for getting tougher with a widely practiced white collar crime, tax avoidance.
Read more...Don Quijones: A Blow to Transatlantic Corpocracy – Support for TTIP Begins to Unravel
Why the TTIP “trade” deal is looking wobbly.
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