A Heaping Helping of Ridicule for the Fed, Please

Global Geopolitics & Political Economy Originally published on The Guardian Unlimited, January 18, 2012 See the article on the original website By Dean Baker In keeping with its policy of releasing transcripts with a five-year lag, the Federal Reserve Board just released the transcripts from its 2006 Open Market Committee (FOMC) meetings. There is much [...]

19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

A new report is available at the Political Economy Research Institue, PERI. 19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments Pollin, Robert | Heintz, James | Garrett-Peltier, Heidi | Wicks-Lim, Jeannette | 12/5/2011 Download the full report from the PERI Website 1.2 MB [...]

Banks Holding 1.4 Trillion, Could Create 19 Million Jobs

The Real News Network December 21, 2011 Bob Pollin: Study looks at impact of 1.4 trillion in excess liquid asset holdings if put in productive investments More at The Real News

$7.7 Trillion to Wall Street – Anything to Keep the Banksters Happy!

Global Geopolitics & Political Economy Originally Published on Truthout Saturday 3 December 2011 Read the article in its original form on Truthout By: Thom Hartmann, Truthout | News Analysis Do you know who Elizabeth Duke is? How about Donald Kohn or Kevin Warsh? No? Well – you should. Because while Congress was debating back in [...]

Will an Incompetent European Central Bank be Allowed to Wreck the World Economy?

Global Geopolitics & Political Economy Originally Published on The Guardian Unlimited, December 5, 2011 See this article on the original website By Dean Baker The world is eagerly waiting to see if the European Central Bank (ECB) will take the steps needed to save the euro. Specifically, is the ECB prepared to act as a [...]

USA and Europe Pushing World into Trouble

Global Geopolitics & Political Economy / IDN AddThis Social Bookmark Button Credit: UNBy J. C. Suresh IDN-InDepth NewsReport TORONTO (IDN) – The United Nations has painted a rather bleak picture of the global economy in 2012, which it says will be a make-or-break year in terms of proceeding with slow economic recovery or falling back [...]

“Occupy” Actions Across the Country

The Real News Network November 18, 2011 In DC and other cities, demonstrators rally at bridges More at The Real News

India Can Do Much More

Global Geopolitics & Political Economy By Devinder Kumar IDN-InDepth NewsReport MUMBAI (IDN) – Some soul-searching mingled with self-praise and encouragement from abroad as the India Economic Summit 2011 wrapped up after intensive discussions on November 14 in Mumbai, the commercial and entertainment capital of India. ‘Linking Leadership with Livelihood’ was the overall theme of the [...]

Occupy Wall St. To A Bank In The Public Interest

The Real News Network October 7, 2011 Michael Hudson: A public option in banking will be a structural answer to the power of finance More at The Real News

Lehman Three Years Later: What We Haven’t Learned

Global Geopolitics & Political Economy The Guardian Unlimited, September 12, 2011 See the article in its original form. Dean Baker As we prepare to celebrate the third anniversary of the Lehman bankruptcy and the ensuing financial crisis, it’s a good time to assess the situation and ask what has changed. The answer is not encouraging. [...]