Wall Street Rigging Currency Exchange Rates Too
By news.firedoglake.com In case you forgot your bankster overlords – free of fear thanks to Obama, Holder, and the NSA - are continuing to rig markets, here is yet another scandal. Wall Street…
Tag Archives: economy
Sack The Bosses, They’re Killing The Economy
By newmatilda.com Lean times may be ahead for the economy. The worst-performing parts of the workforce may have to pay the price. Sorry management, you’ll have to go, writes Russell Marks…
How long must average workers in Europe toil to make what their bosses earn in an hour?
By economist.com IT TOOK around ten days for the average Italian worker to make the €767 ($957) that his firm’s chief executive made in an hour in 2012, according to calculations…
Madoff Evoked in New Zealand With $317 Million Ponzi Loss
By bloomberg.com New Zealand charged a 63-year-old financial adviser with running the biggest Ponzi scheme ever alleged in the South Pacific nation. The Serious Fraud Office and Financial Markets Authority allege David Ross defrauded investors…
Wage cuts for British workers deepest since records began, IFS shows
By guardian.co.uk Britain’s workers have suffered more financial pain since 2008 than in any five-year period of the modern age, according to research by a leading taxthinktank that shows employees have sacrificed pay to…
Surveillance of Banksters Please
By my.firedoglake.com Tim Shorrock explains the general nature of the surveillance state in this post in Salon. The most interesting part is the ability of the government and its private business partners to…
Investors losing patience with Turkey
OzHouse: Protesters hitting plutocrats where it hurts? By money.cnn.com For years, investing in Turkey was a one-way bet. But since protests and unrest broke out in central Istanbul at the end…
Greece suspends state-run TV and radio
By france24.com Greece will temporarily shut down state broadcaster ERT on Tuesday to streamline the organisation, including laying off 2,500 staff members. Downsizing public institutions is one of the requirements of…
President Obama Calls For the Minimum Wage to Be Increased To a Living Wage
OzHouse: Anything less than $15 an hour minimum would be an insulting joke. OzHouse is Australian and the minimum here is over $16. According to Republican goons, that should have…
Why Didn’t the SEC Catch Madoff? It Might Have Been Policy Not To
By rollingstone.com More and more embarrassing stories of keep leaking out of the SEC, which is beginning to look somehow worse than corrupt – it’s hard to find the right language…
Business Leaders Urge President to Allow G8 to Close Corporate Tax Loopholes
By prnewswire.com WASHINGTON, June 7, 2013 /PRNewswire-USNewswire/ — The American Sustainable Business Council (ASBC), whose members represent 165,000 U.S. businesses, sent a letter to President Obama today urging him to seize the opportunity to close…
Vodafone says paid no UK corporation tax in two years
By reuters.com (Reuters) – Vodafone Group Plc (VOD.L) said it paid no corporation tax in Britain for the year to March 2013, prompting fresh criticism from campaigners who have made the…
Wal-Mart’s low wages cost taxpayers
By money.cnn.com It’s not enough to make ends meet for the 21-year-old single mother. Stinnett and her son are on MediCal, the California Medicaid program. She relies on food stamps for…
Capitalism Could Use Some Tweaking Unless You Love Starving Children
By politicususa.com Doggone if this ain’t a great time to be rich and powerful. ‘Course you can’t be one without the other. So for you “blessed” 2%, whatta time to be…
