Economy - Part 20

Rich Venture capital investor, and the first person who had invested in Amazon from outside the family, tells his hi-tech audience in a TED talk that rich people do not create jobs - middle and lower class people who buy things, do. And he tells governmen ...[Read more]
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The Rise and Rise of the Super-Rich
It tells a three-part history of our economy over the last century. It's a story about the age of the rentiers, their retreat, and subsequent return. By 1913, the robber barons were in relative twilight. The so-called "malefactors of great wealth" had su ...[Read more]
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Jobless Americans to lose unemployment benefits
More than 200,000 long-term jobless Americans will lose their unemployment checks this week, when eight states roll off the federal extended benefits program. Nearly half of them live in California, and the rest reside in Florida, Illinois, North Carolin ...[Read more]
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Polish parliament approves increase in retirement age – retire in grave !
Poland ...[Read more]
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China Stops Buying Europe Government Debt on Crisis Concern
Gao Xiqing, president of China Investment Corp., said the nation ...[Read more]
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How Publishing companies screw authors – earn only a pathetic 2.4% from your book sales
An author who published through harlequin recites her experience on how little she was able to make over hundreds of thousands of book sales. " ........ Let me share with you the numbers of a book I wrote that was first published in January, 2002, still ...[Read more]
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Banking giant HSBC
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The 86 million invisible unemployed in Usa
"NEW YORK (CNNMoney) -- There are far more jobless people in the United States than you might think. While it's true that the unemployment rate is falling, that doesn't include the millions of nonworking adults who aren't even looking for a job anymore. A ...[Read more]
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Five Tax Fallacies Invented by the 1%
1. The Rich Pay Almost All the Taxes That's simply not true. The percentage of total taxes paid by the very rich (the top 1%) is approximately the same as the percentage paid by middle class Americans (the 4th quintile, average income $68,700). Here are ...[Read more]
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6 Companies control 90% of what Americans see, hear, and listen to.
News, Music, Media, Newspapers - everything. 6 companies in usa control 90% of everything average americans see, hear and know. And, somehow, unfortunately, even the playlists on all those radios match, from corporation to corporation. That is why you lis ...[Read more]
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Canadian Banks got $114B from governments during recession
Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives. Canada's banking system is often lauded for being one of the world's safest. B ...[Read more]
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