All Articles on Economy

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10 Common Sense Principles for a New Economy
It’s time we the people declare our independence from the money-favoring Wall Street economy.
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Wall Steet Not Giving to Dems: Good Riddance
Wall Street donations to the two Democratic congressional campaign committees are down 65 percent from two years ago, The Post reports. Party insiders say “the overwhelming factor is the rising anger among financial executives who think they have not been treated well based on their support of...
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The Big Picture: 5 Ways to Know if You’re Making a Difference
David Korten's newly revised and greatly expanded 2nd edition of Agenda for a New Economy: From Phantom Wealth to Real Wealth , outlines an agenda to create a new kind of economy: locally-based, community oriented, and devoted to creating a better life for all. In this special pre-publication...
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Debt vs. Localization: Climate Justice in the New Economy
Where does the concept of "climate debt" fit into a New Economy framework?
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With Dog on Your Side
This dog has been appearing at street rallies and protests in Greece for nearly two years. He has been spotted amid exploding tear gas canisters, confronting riot police, and from all reports has shown enormous solidarity by always siding with the protesters. The Guardian has an amazing slide show...
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One Case Against BP, Wall Street, and War
The need for greater linkages between the environmental, peace and Wall Street reform movements grow by the day in the face of the epic oil spill caused by British Petroleum, a multinational firm tied to Goldman Sachs and Halliburton in oil wars from the Gulf of Mexico to the Persian Gulf. Peter...
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Let the Bankers Play Golf: Bring Back Three-Six-Three
It used to be that your friendly local banker would abide by the three, six, three rule. The banker would borrow money at three percent, loan it out at six percent, and be at the golf course by three in the afternoon. William Quirk is a Professor at the University of South Carolina School of Law...
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‘God, What a Piece of Crap’
It was the Perry Mason moment in the unraveling of what was left of Goldman Sachs’ reputation. Only in this case, it involved a grizzled former prosecutor, Sen. Carl Levin, rather than a genial defense attorney. The case was broken and the truth about the depth of Goldman’s corruption revealed in...
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Goldman Sachs Faces New Accusations
WASHINGTON - More evidence has been found that the investment bank Goldman Sachs developed a strategy to profit from the housing meltdown at the expense of clients, US senate investigators say. The revelations come as the CEO and other executives of Goldman Sachs are set to appear in a congress...
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Goldman Sachs e-Mails Show Bank Sought to Profit from Housing Downturn
A Senate investigation into the financial crisis has found that Goldman Sachs , the storied Wall Street investment bank, sought to profit from the historic decline in housing prices by betting against the U.S. mortgage market. The documents show that Goldman, at times, made big, profitable bets...
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