asterisk2a + deregulation   104

Top US student loans official resigns over 'open hostility' from White House | US news | The Guardian
“You have used the bureau to serve the wishes of the most powerful financial companies in America,” Frotman wrote, addressing his letter to Mulvaney. “The damage you have done to the bureau betrays these families and sacrifices the financial futures of millions of Americans in communities across the country.” [...] The student loan office is not alone. Under Mulvaney, the bureau has scaled back its enforcement work and has proposed revising or rescinding all of the rules and regulations it put into place under the Obama administration.
DonaldTrump  Donald  Trump  swamp  Brexit  self-regulation  regulation  deregulation  regulators  oversight  corruption  revolving  door 
august 2018 by asterisk2a
Employment tribunal fees unlawful, Supreme Court rules - BBC News
Fees for those bringing employment tribunal claims have been ruled unlawful, and the government will now have to repay up to £32m to claimants.
The government introduced fees of up to £1,200 in 2013 to reduce the number of malicious and weak cases, but that led to a 79% reduction over three years.
Trade union Unison argued the fees prevented workers accessing justice.
The Ministry of Justice said the government would take immediate steps to stop charging and refund payments.
The Supreme Court ruled the government was acting unlawfully and unconstitutionally when it introduced the fees.
UK  self-regulation  workers  trade  Union  rights  deregulation  regulation  capitalism  neoliberal  neoliberalism  justice  No  Representation  Super  Rich  1%  10%  Oligarchy  Plutocracy 
july 2017 by asterisk2a
Tony Blair's legacy 20 years on - BBC News
[hard left was banished to the wilderness under Blair] Blair's supporters point to his domestic achievements - the minimum wage and all the new schools, hospitals and Sure Start children's centres that were built during his time in power - and they insist that his reputation will one day recover.
But with Britain on its way out of the European Union, and the Labour Party back in the hands of the left, it seems like much of what Blair stood for has been swept away.
Tony  Blair  Labour  Party  UK  history  Politics  PFI  Privatisation  economy  NHS  globalisation  capitalism  neoliberalism  neoliberal  tax  evasion  avoidance  banking  deregulation  regulation  regulators  economic  USA  GFC 
may 2017 by asterisk2a
European parliament overwhelmingly backs red lines for Brexit negotiations | Politics | The Guardian
https://www.theguardian.com/politics/blog/live/2017/apr/05/nigel-farage-tells-meps-eu-acting-like-the-mafia-and-making-impossible-brexit-demands-politics-live?page=with:block-58e4ddabe4b049a76d24e623#block-58e4ddabe4b049a76d24e623 //&! 1 - The UK must not be offered a deal that offers all the advantages of single market membership. 2 - Talks on a future UK-EU trade deal should not start until “substantial progress” has been made in the talks on the withdrawal deal. 3 - The UK-EU trade deal can only be concluded after the UK has left the EU. 4 - The European court of justice must be “the competent authority for the interpretation and enforcement of the withdrawal agreement”. 5 - Britain must pay an exit bill. 6 - Any future UK-EU trade deal must not allow the UK to cut standards. ( environment, climate change, the fight against tax evasion and avoidance, fair competition, trade and social rights, especially safeguards against social dumping. ) Note: The Tusk guidelines are very similar. This condition is key, because it suggests that MPs who want Brexit to lead to a bonfire of regulation will find this incompatible with a UK-EU trade deal. 7 - Any future UK-EU trade deal must not contain special “sectoral provision” for certain parts of the economy. 9 - Any transitional period should last for no longer than three years. 10 - If the UK starts trade negotiations with other countries before Brexit, that will be against EU rules.
Brexit  Donald  Tusk  European  Union  tax  haven  evasion  avoidance  Corporate  taxrate  taxation  Tories  Conservative  Party  nasty  deregulation  neoliberal  neoliberalism  UK  crony  capitalism  welfare 
april 2017 by asterisk2a
How The Democratic Party BETRAYED Workers & Its Base - THOMAS FRANK Interview Part 1 - YouTube
Dems doubled down on betrayal of labour - https://youtu.be/0TnS_P4JGDc // chimes w Mark Blyth and Matt Taibbi assessment. - propaganda game for HRC! - professional class could not accept Bernie. DNC adopted professional class, abandoned working class (left behind, picked up by Trump at the ballot box after Sanders was gone). [...] Dems wiped out! Now counting on Trump to screw it up. That is their strategy! [...] also the draining the swamp, no accountability in the big league game - see nassim talebs skin in the game. see bank bailouts nobody went to jail. sank economy, sank the world, the working poor and middle class have to pay for it. and 1-10% ask for tax cut and get it (trickle-down) ... Austerity. There is no deterrent from white and blue collar crime - financial crime, fraud, like accounting. GFC after-math is precedent, not deterrent from greed. //
DNC  Democrats  Bill  Clinton  Hillary  HRC  BarackObama  NAFTA  TTIP  TPP  TISA  neoliberalism  deregulation  book  corporatism  Journalism  journalismus  bank  bailout  recovery  GFC  USA  working  poor  taxation  Trickle-down  1%  10%  Super  Rich  Oligarchy  Plutocracy  lobby  squeezed  middle  class  Bernie  Sanders  revolving  door  Drone  Warfare  Mark  Blyth  Thomas  Frank  wage  growth  income  inequality  Poverty  gig  Economy  1099  social  mobility  gini  Coefficient  WallStreet 
february 2017 by asterisk2a
Inquiry launched into UK gender laws amid fears over Brexit effect | World news | The Guardian
[ one particular NHS already breaking EU overtime work directive ] Areas of equality law to be examined include measures to guarantee equal pay, protection for part-time workers and during pregnancy, and combating so-called intersectional discrimination, where someone faces potential disadvantage for not just their gender but another area, for example race or religion. [...] While the government had promised to protect equality and the rights of workers following departure from the EU, Smethers said, the concern was that some protections could be lost almost inadvertently amid wider changes. [...] “The real worry we’ve got is that those kind of assurances are actually quite superficial, and they are probably a second order commitment compared to the need to secure a competitive economy, and how we compete if we’re outside the trading bloc,” Smethers said. &! Sports Direct, JD Sports - https://www.theguardian.com/business/2017/jan/29/140-jd-sports-staff-hospital-warehouse-rochdale
Brexit  EEA  immigration  Visa  discrimination  inequality  Equality  Act  2010  self-regulation  deregulation  Regulation  regulators  workers  union  trade  UK  USA  deal  NHS  LGBT  rights  Legal  Aid  minimum  wage  gig  economy  Self-Employment  tax  evasion  avoidance  HMRC  neoliberalism  neoliberal  crony  Exploitation  capitalism  corporatism  profit  maximisation  zero  hours  contract  contractor  part-time 
january 2017 by asterisk2a
Is chlorinated chicken about to hit our shelves after new US trade deal? | Environment | The Guardian
[ corn syrup as sweetener everywhere, GMO, growth hormones, chlorinated chicken, industrial mass farming, environmental protections, pesticides, herbicides, fungicides, Monsanto, CHLORINE CHICKEN AND ACID-WASHED MEAT, HORMONE AND ANTIBIOTIC GROWTH PROMOTERS, ANIMAL BYPRODUCTS FED BACK TO LIVESTOCK ] And as their multi-ingredient products don’t have to list the country of origin of individual ingredients, there would be no sure way of avoiding eating milk or meat produced to less exacting US standards, unless you never ate processed food.
USA  UK  Brexit  trade  deal  TTIP  food  safety  deregulation  self-regulation  GMO  Meat–industrial  complex  Food–industrial  lobby  processed  pesticide  antibiotic  antibiotics  Transparency  consumer  protection  neoliberalism  crony  capitalism  profit  maximisation  regulation  regulators 
january 2017 by asterisk2a
Naomi Klein on Trump Election: "This is a Corporate Coup d’État" - YouTube
Hillary's low voter turn-out. compared to Obama enthusiasm, gave it Trump. // Trump not republican, not ideolog, trump testing what will keep him in office (things might escalate). But Cabinet is Trump and Republican conspiracy. // "This is a Corporate Coup d’État" Cabinet picks are panic picks in part, to hold back progressive policy in west (regulating banks, pollution etc etc) ... next 100 days in favour of the SWAMP //&! ie shredding Net Neutrality - Meet The Man Who Might Kill The Internet - https://youtu.be/0DUM-7h1AlY - FCC appointment Ajit Pai. - if you are a corporatists, you want to limit competition, the small players coming up from down there ...
USA  presidential  election  2016  DonaldTrump  Donald  Trump  Cabinet  GOP  Republican  neoliberalism  crony  Capitalism  Net  Neutrality  Climate  Change  Global  Warming  military–industrial  complex  self-regulation  deregulation  Washington  pollution  Labour  Union  Workers  minimum  wage  lobby  fracking  revolving  door 
january 2017 by asterisk2a
Brexit: Boris Johnson warns against 'punishment beatings' - BBC News
And HSBC announced it was preparing to move 1,000 staff from London to Paris when the UK leaves the EU. [...] Guy Verhofstadt said there was 'no way' the UK could pick and choose aspects of the EU [...] German Chancellor Angela Merkel said: "The be-all and end-all is that Europe does not let itself be divided, and we will ensure that with very intensive contacts.'' EU governments would consult their business sectors, she added, and she was "not worried that we will not stick together". [...] The Financial Times praises the prime minister's "bold vision" but warns that the road ahead will be perilous. [...] At Prime Minister's Questions, Mr Corbyn urged Mrs May to "stop her threat of a bargain basement Brexit, a low-paid tax haven on the shores of Europe".
He added: "It won't necessarily damage the EU but it would certainly damage this country." [...] Mrs May told MPs: "What I set out yesterday was a plan for a global Britain, bringing prosperity to this country and jobs to people and spreading economic growth across this country." [...] "not just nasty but also blind to reality".
Brexit  European  Union  Theresa  May  Jeremy  Corbyn  Liberal  Democrats  Nick  Clegg  Labour  tax  haven  offshore  evasion  avoidance  regulation  self-regulation  deregulation  welfare  state  DWP  Austerity  neoliberalism  crony  capitalism  nasty  party  Tories  Conservative  indyref2 
january 2017 by asterisk2a
Müllers Memo: Die Globalisierung darf nicht scheitern - SPIEGEL ONLINE
Das alte Spiel ist im Gange. Ein Land versucht sich Vorteile im internationalem Wettbewerb zu verschaffen. Andere Länder ergreifen Gegenmaßnahmen - und schießen dabei nicht selten übers Ziel hinaus. Bis die nächste Reihe von Handelshürden errichtet wird.
neoliberal  neoliberalism  G20  Free  Trade  TTIP  TTP  NAFTA  CETA  Chicago  School  neoclassical  globalisation  globalization  deregulation  liberal  economic  reform  Centrist  Centrists  Brexit  Donald  Trump  AfD  Front  National  Protectionism  recovery  GFC  bank  bailout  sovereign  debt  crisis  confidence  fairy 
september 2016 by asterisk2a
Keiser Report: Gold & World’s Debt Problems (Summer Solutions series E940) - YouTube
deflationary trap/liquidity trap - orthodox monetary policy w austerity = stagnation. & west is exporting deflation. // if it is good for consumers ... break up banks. // hedging is BS ... you double the system you double the risk. [...] banks are now bigger! ... ban most derivatives, and reintroduce glass stegall // Black-Schoeles - there is no such think as risk free rate and no such thing as the past reflect the future. risk is not equally distributed. [...] VAR is flawed. //
deflation  deflationary  NIRP  currency  war  currency  debasement  ZIRP  QE  Helicopter  Money  secular  stagnation  western  world  Abenomics  BOE  BOJ  Fed  ECB  economic  history  Richard  Koo  liquidity  trap  debt  overhang  balance  sheet  recession  consumer  debt  household  debt  mortgage  mortgage  market  mortgage  rates  distortion  hunt  for  yield  credit  boom  credit  bubble  PBOC  China  reflate  reflation  squeezed  middle  class  wage  growth  income  growth  income  distribution  income  disparity  working  poor  Precariat  Brexit  GFC  too  big  to  jail  productive  investment  underinvestment  austerity  history  productivity  gap  financial  instruments  investment  banking  global  economy  globalisation  globalization  derivatives  output  gap  productivity  recovery  neoliberal  neoliberalism  Chicago  School  neoclassical  economics  deregulation  Wall  Street  speculative  bubble  property  bubble  Beton  Gold  Betongold  stagnation  aggregate  demand  aggregate  demand  short-fall  too  big  to  bail  too  big  to  fail  TBTF  complexity  systemic  risk  systemrelevant  systemicrisk  systemrelevanz  zombie  bank  zombie  banks  non-performing  loan  leverage  hedge  Glass-Steagall  Black-Scholes  Equation 
july 2016 by asterisk2a
Stocks are up. But it appears to us that the U.S. economy is going down. Go figure.
velocity is at 57yr low - WOW! the money that is in circulation is in less hands! the econ expanded according to GDP, but less and less $ reach on avg each hand. - "This is serious. The velocity of money tracks how often each dollar is used to buy something in the economy. Falling velocity shows that consumers and business are pulling back… becoming more reluctant to spend and invest… downsizing… and holding onto dollars rather than spending them. This has a similar effect as reducing the supply of money bidding for goods and services. Prices drop. Deflation, in other words. The bubble has developed a leak. The hot air is gushing out." //&! bit.ly/1MOxc9A //&! research.stlouisfed.org/fred2/series/M2V &! pieria.co.uk/articles/getting_things_wrong_federal_reserve_style - it is associated with stagnant NGDP [...] demand problem.
monetary  velocity  liquidity  trap  Richard  Koo  nominal  GDP  targeting  GDP  measurement  GDP  recovery  reflate  reflation  economic  history  money  supply  Fed  fiscal  policy  monetary  policy  Gini  coefficient  inequality  economic  harm  economic  damage  GFC  crony  capitalism  shareholder  capitalism  Greed  profit  maximisation  profit  maximization  squeezed  middle  class  Elizabeth  Warren  Joseph  Stiglitz  Paul  Krugman  Robert  Reich  Thomas  Piketty  2016  UK  USA  secular  stagnation  Pact  fiscal  stimulus  austerity  Schuldenbremse  social  mobility  income  mobility  working  poor  Precariat  low  pay  low  income  Service  Sector  Jobs  Zero  Hour  Contract  Contractor  self-employment  inflation  targeting  microeconomic  policy  macroeconomic  policy  Super  Rich  1%  plutocracy  oligarchy  capitalism  capitalism  in  crisis  self-regulation  book  shareholder  value  Wall  Street  meritocracy  meritocratic  post-racial  America  barackobama  Larry  Summers  Bernie  Sanders  Establishment  Privileged  deregulation  bank  bailout  social  safety  net  welfare  state  aggregate  demand 
april 2016 by asterisk2a
The economics of Brexit – Politics Weekly podcast
Leave Campaign, so far, has failed to assure voters that we get through the quiet possible tubulences and uncertainty unharmed severely after 1-2 years. [ economic forecasts/predictions are Wall Streets cottage industry ] Brexit for sure would throw Osbornes plan for a surplus in 2020. ... brexit is about less regulation free trade low tariffs, 'get off the back of our City [London bank regulation]' [low tax, higher pay] George Osborne ... // banks have not voiced their voice loudly because that would be seen by people who bailed them out to tune of doubling the deficit, and still own bank shares ie loyds. it could be seen disingenuous, outrageous, as we are still in doldrums, paying off their debt, and suffering through austerity where the most vulnerable are cut away from society.
Brexit  George  Osborne  economic  damage  economic  growth  economic  security  economic  slack  economic  slowdown  economic  harm  macroeconomic  policy  microeconomic  policy  trade  agreement  free  trade  regulation  David  Cameron  Whitehall  Westminster  economic  forecast  Wall  Street  European  Union  Career  Politicians  EEA  free  movement  of  people  immigration  migration  austerity  general  election  2020  general  election  2015  Tories  Conservative  Party  nasty  neoclassical  economics  neoliberal  neoliberalism  Chicago  School  trickle-down  economics  self-regulation  deregulation  regulators  MervynKing  Mark  Carney  BOE  IMF  retail  banking  investment  banking  City  of  London  bank  bailout  GFC 
april 2016 by asterisk2a
Revolutionary politics in the UK
// yanis is liberal marxist // &! Will John McDonnell's fiscal rules work for Labour? Paul Mason Vs John Rentoul - youtu.be/0EISho5eSUc - OBR econometrics dictated by Treasury, George Osborne w wonky multipliers that don't fit w IMF models. IMF calls for fiscal stimulus! since late 2015 because China's credit bubble popped and global economy started to head south.
Yanis  Varoufakis  Paul  Mason  Labour  Party  Jeremy  Corbyn  Bernie  Sanders  Marxism  democracy  No  Representation  Super  Rich  1%  oligarchy  plutocracy  tax  evasion  tax  amnesty  tax  avoidance  Soziale  Marktwirtschaft  fairness  Social  Justice  economic  bank  bailout  GFC  austerity  Generationengerechtigkeit  revolving  door  lobby  Greed  crony  capitalism  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  Wall  Street  Main  Street  squeezed  middle  class  working  poor  Precariat  poverty  trap  economic  history  UK  globalisation  globalization  global  economy  self-regulation  deregulation  regulation  regulators  secular  stagnation  trickle-down  economics  free  market  exploitation  liberal  economic  reform  self-employment  job  security  job  insecurity  Zero  Hour  Contract  antitrust  winner  take  all  gini  coefficient  inequality  deprivation  poverty  John  McDonnell  austerity  aggregate  demand  Richard  Koo  Joseph  Stiglitz  Schuldenbremse  Fiscal  Pact  economic  history  neoliberal  neoliberalism  OBR  Chicago  School  neoclassical  economics  infrastructure  investment  liquidity  trap 
april 2016 by asterisk2a
Government planning to repeal animal welfare codes
Poultry industry to oversee chicken-farming standards as ministers move to create industry-led deregulation. Conservative ministers are planning to repeal an array of official guidance on animal welfare standards, starting with a move to put the code on chicken-farming into the hands of the poultry industry.

Liz Truss, the environment secretary, is overseeing moves to scrap the statutory codes on farm animal welfare and move to an “industry-led” guidance as part of her department’s deregulatory agenda. [ so industry funds its own regulatory body, lol! ] [...] Other sectors that could get control of their own guidance include the cattle, sheep and pig farming industries. //&! Poultry deregulation plans risk bringing back dark days of food scares. History shows problems start when food companies police themselves: think salmonella, BSE, foot and mouth, swine flu - bit.ly/1UON3ai - Privatisation move! Austerity. Self-regulation.
carbon  tax  COP21  meat  tax  Lobbying  lobby  lobbyist  livestock  farming  livestock  industry  Industrial  Industrial  Production  agriculture  agriculture  industry  agriculture  policy  UK  Tories  Conservative  Party  nasty  trickle-down  economics  free  market  deregulation  regulation  regulators  Privatisation  austerity  ecological  disaster  ecological  damage  ecological  footprint  carbonfootprint  methane  greenhouse  gases  global  warming  climate  change  food  born  pathogen  food  borne  illness  antibiotic  resistance  antibiotics  post-antibiotic  era  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  Wall  Street  Campylobacter  animal  welfare  animal  cruelty  humane  slaughter  Poultry  Dairy  Milk  Overfishing  Fish  public  health  public  health  policy  public  safety  sick  population  health  crisis  BSE  swineflu  swine  flu  Zoonotic  Diseases  zoonosis  Salmonella  Salmonella  Poisoning 
march 2016 by asterisk2a
Europa: Den Parteien laufen die Mitglieder weg - SPIEGEL ONLINE
[ symptoms ] SPD und CDU haben seit 1990 fast die Hälfte ihrer Mitglieder verloren. Die Erosion der Parteien ist kein deutsches Phänomen, sie findet in ganz Europa statt. Unsere Demokratie ändert sich dadurch grundlegend. [...] Parteimitglieder sind nur noch Randgruppen [...] Personen statt Programme [...] Die Mehrheit der Bürger misstraut den Parteien
plutocracy  oligarchy  Super  Rich  1%  neoliberalism  neoliberal  neoconservatism  neoconservatives  No  Representation  Career  Politicians  squeezed  middle  class  Workers  Union  Trade  Union  trickle-down  economics  democracy  Soziale  Marktwirtschaft  Agenda  2010  Perspektivlosigkeit  deprivation  lobbyist  lobby  Lobbying  revolving  door  corruption  bribery  history  tax  evasion  tax  avoidance  multinational  conglomerate  Lügenpresse  corporate  media  trust  distrust  trustagent  symptom  globalization  globalisation  flat  world  borderless  Schwarzkasse  Jeremy  Corbyn  Bernie  Sanders  austerity  Precariat  working  poor  precarious  work  Zeitarbeit  labour  market  Leiharbeit  Zero  Hour  Contract  Contractor  part-time  Minijob  self-regulation  deregulation  speculative  bubbles  credit  bubble  reflate  reflation  wage  stagnation  income  growth  income  distribution  Gini  coefficient  inequality 
february 2016 by asterisk2a
Vickers warns over weaker bank safety buffers - BBC News
[ no skin in the game ] The man charged with leading an inquiry into the future safety of Britain's banks has said Bank of England plans are not strong enough. Sir John Vickers, who led the Independent Commission on Banking (ICB) said: "The Bank of England proposal is less strong than what the ICB recommended." In a BBC interview, he added "I don't think the ICB overdid it." The Bank of England declined to comment. Specifically, it is the plans to make sure that banks have enough capital that Sir John has questioned. Capital is considered vital to a bank's safety, as it serves to protect it from sudden losses. It comes in many forms, but the most common is funding from shareholders, who expect a hefty return on the risk they are taking. The backdrop to this news is the current slump in bank share prices across Europe. Since the start of the year, European banking stocks have lost a quarter of their value. //&! bit.ly/1Xs0Bac
zombie  banks  retail  banking  investment  banking  toobigtofail  too  big  to  jail  TBTF  too  big  to  bail  economic  history  lobbyist  lobby  Lobbying  GFC  speculation  CDS  CDO  derivatives  Interestrateswap  financial  product  VAR  risk-management  risk  management  Greed  bonuses  bonus  financial  crisis  blackswan  Black  Swan  Career  Politicians  No  Representation  democracy  Super  Rich  1%  plutocracy  oligarchy  Wall  Street  shareholder  value  profit  maximisation  short-termism  self-regulation  regulation  deregulation  regulators  Glass-Steagall  BOE  ECB  Bundesbank  sovereign  debt  crisis  Fed 
february 2016 by asterisk2a
Jan Kregel: The Continuing Risk of Derivatives - YouTube
The other common feature that Kregel notes is that the major objective of active, global financial institutions no longer is the maximization of profits by seeking the lowest cost funds and channeling them to the highest risk-adjusted return. Rather, they are most interested in maximizing the amount of funds intermediated in order to maximize fees and commissions, thereby maximizing the rate of return on bank capital. This means a shift from continuous risk assessment and risk monitoring of funded investment projects that produce recurring flows of interest payments over time, to the identification of riskless "trades" that produce large, single payments with as much of the residual risk as possible carried by the purchasers of the package. The upshot is that most derivative packages mask the actual risk involved in an investment and increase the difficulty in assessing the final return on funds provided.
derivatives  investment  banking  retail  banking  banking  crisis  business  model  risk  aversion  ROI  VAR  CDS  Interestrateswap  financial  literacy  financial  market  financial  crisis  financial  cycle  FinancialCrisisInquiryCommission  tobin-tax  FinancialCrisisResponsibilityFee  CDO  financial  instruments  bonuses  bonus  Greed  shareholder  value  profit  maximisation  Wall  Street  economic  history  self-regulation  regulation  regulators  deregulation  Glass-Steagall  Bank  Oversight  zombie  banks  financial  product 
january 2016 by asterisk2a
UK and Scottish governments 'must back creative industries' - BBC News
ground work yes, but not picking industries nor companies! may make sense for career politicians term time. but not long-term. never paid. never paid to pick companies - vs - laying the fundamentals for industries to grow. ie infrastructure, training, competitiveness (ie energy price), but no competition on corporate tax rate ... // UK relied on the City, banking - New Labour was financed by corporate tax rate coming from the city during the heydays. // gov can not play invisible hand. it's called invisible hand for a reason.
corporate  welfare  subsidies  subsidizing  lobbyist  lobby  Lobbying  policy  folly  policy  error  Makers  Career  Politicians  No  Representation  democracy  tax  evasion  tax  avoidance  corporate  tax  rate  austerity  bank  bailout  London  UK  USA  economic  history  self-regulation  regulation  oversight  Workers  Union  Trade  Union  tax  credit  regulators  deregulation 
january 2016 by asterisk2a
How Corporate Greed Is Trashing the Commons & Harming Us - YouTube
Methane gas leak in outside LA, California. // cutting corners. safe money on safety and maintenance! no safety valve. and it was not required by law! //&! A Staggering Methane Leak Has Caused a State of Emergency in CA - youtu.be/UBYpL3JDCzA //&! youtu.be/lTvQvMAJ6hE - California’s Methane Gas Leak Environmental Catastrophe Explained
corporate  scandal  Greed  Wall  Street  profit  maximisation  shareholder  value  self-regulation  regulation  deregulation  regulators  fossil  fuel  lobbyist  lobby  Lobbying  environmental  disaster  ecological  disaster  public  health  policy  public  health  public  safety  crony  capitalism  capitalism  white-collar  crime  methane 
january 2016 by asterisk2a
Mobbing-Klage gegen Nestlé: Unappetitliche Einblicke - SPIEGEL ONLINE
Nestapo wurde das Qualitätsmanagement intern genannt. Sehr beliebt war es nicht. [...] je öfter sie sich bei falschen Vitamindosierungen oder mit Chemikalien verunreinigten Verpackungen einmischte, desto unbeliebter machte sie sich. [...] Im Sommer wurden in Maggi-Nudeln in Indien zu hohe Bleiwerte entdeckt und vorvergangene Woche musste Nestlé nach einer Untersuchung seiner Lieferkette sklavenähnliche Zustände auf thailändischen Krabbenkuttern einräumen - ein Vorwurf, den man allerdings schon seit zwei Jahren kennt. Beim Prozess in Lausanne geht es nicht nur um eine zerbröselte Karriere. Er gibt einen Blick frei auf das Innenleben des größten Lebensmittelkonzerns der Welt - und das ist nicht besonders appetitlich. [...] Doppelgesichtigkeit eines Konzerns [...] In einem Schulungsvideo sprach er vom WHO-Quakquak. // EVIDENCE THAT THOSE WHO DEAL YOU POISON WONT CHANGE THEIR BUSINESS!
Nestle  Nestlé  processed  food  food  engineering  Consumer  Protection  Wall  Street  food  industry  profit  maximisation  shareholder  value  crony  capitalism  capitalism  self-regulation  regulation  deregulation  regulators  oversight  accountability  conglomerate  lobbyist  lobby  Lobbying  Positioning  advertisement  advertising  marketing  health  food  fast  food  junk  food  Politics  food  poisoning  food  borne  illness  Desert  Chain  zombie  WHO  carcinogen  carcinogenic  Big  Sugar  Meat  PR  corporate  values  corporate  governance  corporate  scandal  corporate  welfare  corporate  culture  tax  evasion  tax  avoidance 
december 2015 by asterisk2a
Conspiracy-theorist nutbags run Congress, and they’re making Benghazi a verb: Next up, climate scientists - Salon.com
But in this political environment, being cautious about just handing a bunch of documents over to Republican is a smart move. After watching the Planned Parenthood and Benghazi hearings, a couple of things are clear: One, the Republicans will extract any stray word or number they can and take it out of context in an effort to advance their political agenda, with concerns about decency and honesty not restraining them in the slightest. Two, if they can’t find something like that, they’ll probably just lie about it. [...] The episode was a stellar demonstration of how the utter lack of morals and decency among House Republicans will lead them to distort and lie about numbers, even in the most obnoxious and obvious ways. [...] Imagine what kind of lies and distortions Republicans could gin up with the complex equations and variables that go into climate science. // confusing people. put doubt into peoples mind.
republican  republicans  USA  Career  Politicians  dogma  ideology  climate  change  global  warming  trickle-down  economics  political  economy  political  theory  Politics  Food  Politics  nanny  state  presidency  barackobama  COP21  GFC  deregulation  Hegemony  Religion  Planned  Parenthood  abortion  gay  marriage  gay  rights  climate  science  lobbyist  lobby  Lobbying  reframing  framing  PR  spin  doctor  Positioning 
december 2015 by asterisk2a
Blackrock-Vize Hildebrand kritisiert europäische Behörden - SPIEGEL ONLINE
Hildebrand: Nein, dafür sehe ich keine Anzeichen. Aber was mich schon besorgt, ist das Muster, dass frappantes Fehlverhalten europäischer Firmen immer wieder von amerikanischen Behörden aufgedeckt wird. Das scheint mir das wahre Problem zu sein. Ich denke da nicht nur an VW, sondern auch an die Banken oder an die Fifa. [...] Die Amerikaner dagegen sind das Problem schon 2009 angegangen, und die Banken sind schnell wieder gesundet. In Europa hat man es unter den Teppich gekehrt. [...] Europa hat zwei Probleme, und ein wesentliches davon ist ein Nachfrageproblem: Die Wirtschaft ist nicht ausgelastet, auch die Arbeitslosigkeit ist nach wie vor zu hoch. Und die Inflation liegt nahe null. [...] Europa hat auch ein Strukturproblem. Arbeits- und Produktmärkte sind überreguliert. [ Re Credit Bubble ] Niemand weiß genau, was geschieht, wenn diese Politik einmal umgekehrt wird.
VW  bank  bailout  FIFA  corporate  scandal  Volkswagen  sovereign  debt  crisis  too  big  to  bail  Grexit  European  Union  secular  stagnation  self-regulation  regulation  regulators  deregulation  accountability  white-collar  crime  banking  investment  banking  retail  banking  recovery  MarioDraghi  ECB  NIRP  ZIRP  TLTRO  LTRO  QE  GFC  economic  history  debtoverhang  Richard  Koo  fiscal  monetary  Brussels  lost  decade  lostgeneration  lost  generation  Generationengerechtigkeit  austerity  Pact  Schuldenbremse  underinvestment  productive  investment  ageing  population  demographic  bubble  squeezed  middle  class  emerging  middle  class  discretionary  spending  Sozialer  Abstieg  income  distribution  disposable  income  Brexit  credit  bubble  BRIC  emerging  market  Developing  World  western  Niall  Ferguson 
november 2015 by asterisk2a
Antibiotic resistance: World on cusp of 'post-antibiotic era' - BBC News
People will die, warns antibiotic expert - bbc.in/1STI2so - The world is on the cusp of a "post-antibiotic era", scientists have warned after finding bacteria resistant to drugs used when all other treatments have failed. They identified bacteria able to shrug off the drug of last resort - colistin - in patients and livestock in China. They said that resistance would spread around the world and raised the spectre of untreatable infections. It is likely resistance emerged after colistin was overused in farm animals. Bacteria becoming completely resistant to treatment - also known as the antibiotic apocalypse - could plunge medicine back into the dark ages. &! bit.ly/1kPkevq - In China wurden Darmbakterien entdeckt, gegen die selbst hochwirksame Antibiotika nicht helfen. [ How little the world is.] //&! doctors handing out pills for colds and flu. - bbc.in/1O1AXXs
antibiotics  antibiotic  resistance  post-antibiotic  era  Livestock  farming  corporate  scandal  WHO  self-regulation  regulation  regulators  deregulation  oversight  accountability  profit  maximisation  shareholder  value  Wall  Street  food  industry  Industrial  agriculture  industry  agriculture  agriculture  policy  superbug  medical  profession  medical  research  medical  advances  medical  care  pharmaceutical  industry  pharma  big  pharma 
november 2015 by asterisk2a
A Car Vlog: I Am "That" Mom - YouTube
@4:40 - RE: Food as Reward = Business as Usual (BAS). Any food that triggers some feel good chemicals can be abused: junk food, fast food, processed food, alcohol, tobacco, drugs. Some are legal others carry a stigma and others are illegal ... depending where you live. (Liberal) Progressive policy making would be to legalise all but put a progressive and aggressive tax on those. An addiction & harm tax along the nudge theory. And with that tax revenue to pay for public health care and public education campaigns to raise awareness and change perception, image and opinion. Not pulling the nanny state. But if you use tobacco, you pay twice; now with your discretionary spending choice and then with your health, and we let you know on the packaging. And we can also subsidise cycle to work schemes, cycle lanes, cycle shelters.
substance  abuse  food  abuse  Big  Sugar  tobacco  Legalisation  Progressive  Policy  Makers  lobbyist  lobby  Lobbying  Marijuana  Medical  Marijuana  cannabis  Legal  Highs  self-regulation  regulation  regulators  deregulation  food  industry  sick  population  child  abuse  alcohol  abuse  drug  abuse  alcohol-abuse  non-alcoholic  fatty  liver  disease  alcoholism  A&E  health  care  health  care  budget  public  health  health  health  care  spending  obesity  epidemic  obesity  childhood  obesity  animal  fat  animal  protein  pre-diabetic  diabetes  metabolic  syndrome  atherosclerosis  autoimmune  disease  chronic  diseases  heart  disease  vascular  disease  Cardiovascular  disease  erectyle  disfunction  coronary  artery  disease  well  being  happiness  index  happiness  Dirty  Vegetable  DirtyVegetable  Career  Politicians  No  Representation  democracy  Dairy  Meat  Egg  Milk  Fish  sustainability  sustainable  oversight  transparency  accountability  white-collar  crime  injustice  Justice  System  Consumer  Protection  public  awareness  public  perception  public  opinion  WHO  carcinogen  carcinogenic  Standard  American  Diet  dietary  cholesterol  Western  pattern  lifestyle  sedentary  lifestyle  Nudge  theory 
october 2015 by asterisk2a
Global Capitalism: October 2015 Monthly Update - YouTube
33:40 Price Increase 13.1% 2013/14. Big Pharma + Lobby + insurance company + letting itself being sugar-coated-medical profession = medical-industrial complex. A cosy relationship. // Big Sugar. Big Tobacco. Big Oil/Fossil Fuel. // US spends more % (18%) of GDP on medical related expenses than any other developed/western country. //&! 44:40 - VW! No.1 air polluter is private automobil. "we are not talking about more profits. but maximising profits while accepting the contribution to air pollution and death of the vulnerable (asthma). [...] fraud. that caused who know how many people. [...] example of what capitalism is. if there is more money to make. do it." [+ Zeitarbeit, Leiharbeit exploitation] "deadly behaviour of conglomerates (many recalls blamed on complexity of car) in a rational society, but no questions have been asked." [] [Underinvestment in public transportation in USA. 1/2 of Berlin citizens have no car. tell that LA.] "Decision to Deceive. Knowingly harm People."
USA  military–industrial  complex  Surveillance-Industrial  prison–industrial  complex  lobbyist  lobby  Lobbying  medical  profession  pharmaceutical  industry  pharma  big  pharma  tobacco  Wall  Street  shareholder  value  profit  maximisation  capitalism  crony  capitalism  food  industry  insurance  premium  private  medical  insurance  insurance  medical-industrial  complex  chronic  diseases  sick  population  medical  care  public  health  public  health  policy  corruption  bribery  morality  Positioning  corporate  state  corporate  media  propaganda  populism  Dairy  Meat  Poultry  Egg  Milk  Fish  VW  Volkswagen  revolving  door  No  Representation  Career  Politicians  Makers  nanny  state  oversight  transparency  democracy  policy  folly  policy  error  self-regulation  regulation  regulators  deregulation  corporate  scandal  accounting  scandal  corporate  culture  corporate  values  corporate  social  responsibility  corporate  welfare  corporate  governance  subsidies  subsidizing  fossil  fuel  air  pollution  carbon  tax  carbonfootprint  carbon  trading  scheme  carbonemission  emissions  public  transportation  transportation  neoliberalism  neoliberal  dogma  ideology  public  investment  TPP  TTIP  global  trade  interdependence  national  interest  trade  agreement  Workers  Union  Union 
october 2015 by asterisk2a
Free banking in the spotlight in crunch week for UK high street banks | Business | The Guardian
In its update in July 2014, the CMA said it was “possible that there might be a degree of cross-subsidy in the PCA [personal current account] market, which may be distortive of competition”. It added: “Indeed, the ‘free if in credit’ model often involves cross-subsidy by other revenue streams for PCAs such as overdraft charges. In addition, we were also told that PCAs as a whole were loss-making. “If this were the case, this could suggest the existence of a cross-subsidy from other retail banking products.”
oligopoly  oligopol  retail  banking  banking  competition  self-regulation  regulation  deregulation  regulators  banking  crisis  bank  crisis  UK  Consumer  Protection  choice 
october 2015 by asterisk2a
Prospect of TTIP already undermining EU food standards, say campaigners | Business | The Guardian
Opponents of Transatlantic Trade and Investment Partnership say EU negotiator has admitted to approving entry of banned goods [...] EU negotiators will resume controversial trade talks with the US on Monday amid claims that multinational companies have jumped the gun in advance of any agreement to import goods that are currently banned – including genetically modified crops and chemically washed beef – into European markets. A campaign group says that a report in a US journal concerning the Transatlantic Trade and Investment Partnership (TTIP) talks show that Europe is already capitulating to huge pressure from the US to allow imports of previously banned goods before an agreement is reached. [...] [ as always its about] lower trade barriers and boost growth. [ Trade Deals like TTIP & TPP are better for US economically than a military invasion. who is excluded? BRIC. Who didnt want to join AIIB? USA. But who did? UK & Germany. This is about economic & political power/reach/influence]
TTIP  lobbyist  lobby  Lobbying  food  safety  Consumer  Protection  Wall  Street  conglomerate  trade  agreement  free  trade  TPP  NAFTA  CETA  European  Union  self-regulation  regulation  deregulation  regulators  profit  maximisation  shareholder  value  shared  economic  interest  Career  Politicians  Policy  Makers  democracy  No  Representation  neoliberalism  neoliberal  vested  interest  interest  groups  BRIC  World  Bank  AIIB  exploitation  sustainability  sustainable  crony  capitalism  capitalism  tax  evasion  tax  avoidance  free  market  neoconservatism  neoconservatives  G  Zero  presidency  barackobama  corporate  scandal  thinktank  GMO  crop  GMO  Privatisation  austerity  UK  David  Cameron  NHS  Gini  coefficient  inequality  poverty  Developing  World  Frontier  Markets  national  interest  corporate  state  corporate  media  manufactured  consent  Polarisation  PR  spin  doctor  reframing  framing  propaganda  populism  Fear  job  security  squeezed  middle  class  secular  stagnation  Niall  Ferguson  Super  Rich  1%  Sozialer  Abstieg  Soziale  Marktwirtschaft  globalization  globalisation  borderless  global  trade  flat  trickle-down  economics  wage  stagnation  income  growth  wage  growth  low  income  job  creation  revolving  door 
october 2015 by asterisk2a
TTIP bringt Rekordzahl von Gegnern auf die Straße
&! http://www.internet-law.de/2015/10/noch-ein-paar-allgemeine-gedanken-zu-ttip.html - TTIP hat aber noch eine ganz andere Dimension. Es verfestigt den Ansatz der westlichen Welt als Closed Shop. Damit wird die Kluft gegenüber Schwellen- und Entwicklungsländern verstärkt, die nicht nur bei diesem Abkommen außen vor bleiben. Das ist gerade angesichts der aktuellen „Flüchtlingskrise“ ein Ansatz den man überdenken sollte. Wer Fluchtursachen bekämpfen und die Situation in den Heimatländern der Flüchtlinge verbessern will, kann nicht gleichzeitig Abkommen wie TTIP befürworten. Vielmehr müssen wir den Blick auf eine gerechtere Weltordnung richten und genau dafür steht TTIP nicht.
TTIP  BRIC  TPP  China  Brazil  Russia  India  Frontier  Markets  Developing  World  free  trade  trade  agreement  global  trade  Union  European  Union  USA  Wall  Street  shareholder  value  profit  maximisation  crony  capitalism  Africa  lobbyist  lobby  Lobbying  NAFTA  CETA  exploitation  Palm  Oil  deforestation  sustainability  sustainable  property  rights  poverty  foreign  affairs  Aid  foreign  policy  foreign  relations  self-regulation  regulation  deregulation  regulators  democracy  Career  Politicians  No  Representation  corruption  bribery  Petroleum  Industry  Mining  Industry  environmental  damage  ecological  damage  Glencore  corporate  scandal  oil-spill  spill  soil  erosion  coastal  erosion  agriculture  industrial  agriculture  Rio  Tinto 
october 2015 by asterisk2a
Gentechnik im Tierfutter - Frontal 21 | ZDF - YouTube
antibiotic resistant food for livestock!? // do you really know what the cow has been fed? the cow you eat? And what is with the milk? // you don't even know what is in the Burger from Burgerking. don't even know if there is meat in it what kind of meat, ligaments anybody?, and what the cow was fed. // also TTIP influence. "es gibt nicht genug eiweis fuer die bevoelkerung" (eu regulater). mehr fiehzucht in europa. oder import. sein argument.
Food  Chain  GMO  GMO  crop  Fish  Industry  antibiotics  antibiotic  resistance  post-antibiotic  era  Livestock  farming  industrial  agriculture  agriculture  mono  agriculture  agriculture  policy  organic  agriculture  agriculture  self-regulation  regulation  Consumer  Protection  deregulation  regulators  transparency  accountability  European  Union  Wall  Street  profit  maximisation  shareholder  value  Meat  Industry  Egg  Industry  Dairy  Industry  Milk  Industry  Poultry  Industry  fast  processed  Futtemittel  Industrie  Carnism  omnivore  consumerism  zombie  consumerist  public  health  medical  profession  TTIP  USA  Positioning  reframing  framing  spin  doctor  PR  soya 
october 2015 by asterisk2a
MPs approve Osborne's spending rules after heated Commons debate - BBC News
MPs have backed the government's new spending rules by 320 to 258 votes after a heated debate in the Commons. [...] He accused Labour of being "profligate" and wanting "to spend money we don't have and borrow for ever". >> bank bailout profligate?
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october 2015 by asterisk2a
Working-class Americans feel screwed. I heard it across the entire country | US news | The Guardian
Donald Trump has exposed the opportunity gulf between those who make policy and those who live it – turning immigrants into scapegoats in the process [...] The disappointment, although often wrapped in anger over immigration, is at its core about diminished opportunity. It is consistent with the economic reality that has persisted over the last three decades: except for the very rich, Americans haven’t seen their wealth increase. The people I talked to are not entirely wrong; their particular job prospects and their particular wealth have been harmed. [...] The angry are mostly people who work with their hands, who feel stuck in a vise tightening from two sides: there is a greater number of people looking for the same jobs and there are fewer jobs available, since many of these jobs having moved overseas.
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october 2015 by asterisk2a
The REAL Dirty Secret of the Poultry Industry... - YouTube
consumer ask for those "standards" because they ask for lower prices. and unregulated capitalism will short shrift to make more profit no matter what. even if it is just a penny. // Lack of compassion. Empathy. Also reflective towards our fellow human beings.
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october 2015 by asterisk2a
Robert Reich: One of the Most Important Differences Between Bernie Sanders and Hillary Clinton - It all comes down to Wall Street.
on.fb.me/1LsCcNT - Finally, tonight, the American public will have a chance to hear the truth about what's happened to our economy and our democracy. Unlike the Republican debates -- which have been circuses of dishonesty, bigotry, and braggadocio -- tonight's Democratic debate offers an opportunity to set out the real challenge: turning a society that's become more rigidly stratified and oligarchic than it has in over a century into one that's inclusive and democratic. Most of the Democratic candidates agree on the problem. Listen for the boldness of their policies. But also know that good policies won't be enough. We need a candidate capable of forging and fueling a movement sufficiently powerful to overcome the regressive forces of big money. So listen also for their passion, their wisdom, and their capacity to move America. What will you be listening for?
Bernie  Sanders  Hillary  Clinton  Wall  Street  oligarchy  Super  Rich  1%  Gini  coefficient  income  distribution  American  Dream  social  mobility  income  mobility  bank  bailout  neoliberalism  neoliberal  Privatisation  dogma  ideology  austerity  USA  presidential  election  2016  republican  democrats  Career  Politicians  No  Representation  democracy  lobbyist  lobby  Lobbying  revolving  door  constituency  Party  Funding  crony  capitalism  capitalism  corporate  scandal  plutocracy  white-collar  crime  banking  crisis  bank  crisis  self-regulation  regulation  deregulation  regulators 
october 2015 by asterisk2a
Ben Bernanke urges punishment of individual bankers - BBC News
>> Privatisation where and when it is needed. No, only if it suits their ideology and agenda. // regulatory failure. - youtu.be/Yx1P5Wz2iX4 - Ben Bernanke, John Mack Reflect on 2008 Financial Crisis >> NINJA Loan, homeownership, subprime, ... //&! Ben Bernanke on Lehman Crisis: "We Agreed to Be Vague" (Oct. 6, 2015) | Charlie Rose - youtu.be/EYGbtxzIkvw - 'lehman brothers was a sink hole. money put in from gov in a saving attempt would have resulted in being pulled out by its counterparties and creditors. and had not enough collateral and assets.'
too  big  to  jail  regulators  morality  Justice  System  injustice  Law  &  Justice  white-collar  crime  corporate  scandal  accounting  scandal  mis-selling  CDO  CDS  Interestrateswap  benbernanke  book  TBTF  too  big  to  bail  GFC  trickle-down  economics  economic  history  Super  Rich  1%  bank  bailout  banking  crisis  investment  banking  bank  crisis  retail  banking  CEO  pay  CEO  Abacus  subprime  car  loan  NINJA  fairness  Generationengerechtigkeit  austerity  budget  deficit  Student  Bubble  Wall  Street  profit  maximisation  shareholder  value  free  market  Privatisation  MervynKing  George  Osborne  David  Cameron  self-regulation  regulation  deregulation  Career  Politicians  No  Representation  revolving  door  inequality  Gini  coefficient  income  distribution  oligarchy  democracy  social  contract  political  theory  timgeithner  UK  USA  ideology  dogma  lehmanbrothers 
october 2015 by asterisk2a
Conversations w/Great Minds P1: The Influence Machine - The U.S. Chamber of Commerce - YouTube
The Influence Machine // Who stops them to go after profit over everything else? //&! Conversations w/Great Minds P2: The Influence Machine - The U.S. Chamber of Commerce - youtu.be/f5K-Y1FceQg
book  lobbyist  lobby  Lobbying  investigative  journalism  corporate  scandal  Monsanto  Protection  Act  USA  Career  Politicians  No  Representation  democracy  self-regulation  regulation  deregulation  regulators  Wall  Street  profit  maximisation  shareholder  value  exploitation  tax  evasion  tax  avoidance 
october 2015 by asterisk2a
The Billionaire Hypocrisy of Helping the Poor - YouTube
We're reminded every day of the kindness of the billionaire class - and the millions they spend on charity in American and around the world. But the fact is - Americans wouldn't need the charity - if they just had good-paying jobs.
trickle-down  economics  neoliberalism  neoliberal  job  creation  labour  market  USA  Gini  coefficient  tax  code  corporate  tax  rate  tax  evasion  tax  avoidance  Wall  Street  globalization  globalisation  free  trade  Service  Sector  Jobs  conglomerate  competitiveness  competition  competitive  wage  stagnation  income  growth  Middle  Class  squeezed  Sozialer  Abstieg  income  distribution  disposable  income  discretionary  spending  inequality  American  Dream  NAFTA  TTIP  TPP  philanthropy  TISA  Super  Rich  1%  Niedriglohnsektor  job  security  social  mobility  income  mobility  economic  history  Union  Workers  Union  self-regulation  regulation  deregulation  regulators  lobbyist  profit  maximisation  shareholder  value  lobby  Lobbying  income  inequality  welfare  state  social  safety  net  precarious  work  Precariat  working  poor  outsourcing  Manufacturing  China  Gesellschaft  society  Policy  Makers  Zero  Hour  Contract  part-time  underemployed  unemployment  long-term  unemployment  youth  unemployment  structural  unemployment  secular  stagnation  Niall  Ferguson 
october 2015 by asterisk2a
TPP - The Death Sentence Clause - YouTube
TPP, TTIP, TISA excludes BRIC! this is a protectionism move from USA/Wall Street in new world that is emerging infront of our eyes that undermines USA/Wall Street monopoly, global power - financial, corporate, political, foreign affairs. Its shaping peoples everyday lifes. Much more potent than military intervention //&! https://youtu.be/ysm2Ksb7Yeg - TPP - Here’s What Happens Under SHAFTA --- race to the bottom. its not a free trade deal. its a managed deal written by and for multinational conglomerates. literally continuing the further the race to the bottom, competing with countries like Vietnam for jobs!
TPP  generic  pharmaceutical  industry  pharma  big  pharma  generic  medicine  copyright  Patent  patents  crony  capitalism  capitalism  Wall  Street  interest  groups  vested  interest  shareholder  value  profit  maximisation  TTIP  TISA  oversight  self-regulation  regulation  deregulation  regulators  transparency  democracy  Career  Politicians  monopoly  conglomerate  monopsony  Commanding  Heights  accountability  globalisation  globalization  presidency  barackobama  flat  world  G  Zero  AIIB  BRIC  Bank  IMF  OECD  emerging  market  Frontier  Markets  intellectual  property  lobbyist  lobby  Lobbying  revolving  door  political  theory  political  economy  social  contract  No  Representation  UK  USA  neoliberalism  neoliberal  liberal  economic  reform  global  trade  trade  agreement  free  trade  exploitation  neoconservatism  neoconservatives  China  Russia  India  Brazil  foreign  affairs  foreign  policy  foreign  relations  corruption  bribery 
october 2015 by asterisk2a
Robyn O'Brien - While everyone is getting worked up about "the...
White House: TPP is better than using "military intervention to protect private American commercial interests.' [...] What rights are protected by ISDS under U.S. agreements? The rules enforceable through ISDS provide Americans who decide to invest in foreign countries with basic protections from foreign government actions, including: - https://archive.is/8vuIX#selection-2189.205-2189.439 //&! TPP dispute system has been so heavily rigged by the US that it has never lost a case - https://blog.ffii.org/white-house-defends-isds/ - United States Senator Elizabeth Warren turned against investor-to-state dispute settlement (ISDS): “Why create these rigged, pseudo-courts at all?” [...] The International Centre for Settlement of Investment Disputes (ICSID) is the most used ISDS forum; investors can choose this forum.
presidency  barackobama  USA  World  Police  TPP  TTIP  TISA  BRIC  China  AIIB  European  Union  UK  Wall  Street  profit  maximisation  shareholder  value  accountability  oversight  deregulation  self-regulation  regulation  regulators  Career  Politicians  No  Representation  Nationalism  exploitation  conglomerate  World  Bank 
october 2015 by asterisk2a
Lord Ashcroft 'not settling scores' with David Cameron book - BBC News
"If this was just a revenge job, Lord Ashcroft & I could have published it before the election." bbc.in/1V5Rl94 CoAuthor Isabel Oakeshott //&! bbc.in/1FpIfC4 - Ashcroft quits the House of Lords //&! Ashcroft & Cameron - an inevitable end? Two powerful men need each other, and then one of them becomes more powerful, and doesnt need the other anymore. [...] [book] looks a lot like revenge. [...] The Conservatives needed him, as all political parties need money, & between 2002/11 he gave more than £5m. [ those who want leadership position/power, ie Cameron, are & will be never great leaders when history judges them ] - bbc.in/1MEYLko bit.ly/1LrS8QP bit.ly/1MEppd0 bit.ly/1PktP6A bit.ly/1gH7wvI bit.ly/1NHFptp &! So Cameron was young & reckless. Lucky he wasnt young, reckless & poor - bit.ly/1Oqc8Fg bit.ly/1j3nRwJ bit.ly/1LIGEnD bit.ly/1V6xSoy - Cameron is part of a select group of people to whom different rules apply, and he knows it, [like evryone else in Britain [dubbed Hameron scandal].
Tories  Toff  Privileged  Establishment  David  Cameron  dogma  ideology  neoliberal  neoconservatives  neoconservatism  neoliberalism  Career  Politicians  Generationengerechtigkeit  fairness  austerity  Big  Society  election  campaign  promises  general  election  2015  budget  deficit  bank  bailout  banking  crisis  investment  banking  retail  banking  productivity  George  Osborne  budget2015  output  gap  competitiveness  UK  industrial  policy  policy  folly  policy  error  constituency  babyboomers  lobbyist  lobby  Lobbying  Super  Rich  1%  Westminster  London  general  election  2020  STEM  Research  R&D  Privatisation  Public  Services  NHS  Social  Services  Party  Funding  non-dom  tax  evasion  tax  avoidance  CEO  pay  shared  economic  interest  Wall  Street  self-regulation  deregulation  Brexit  profit  maximisation  Hedge  Fund  tax  code  corporate  tax  rate  minimum  wage  living  wage  child  poverty  shareholder  value  Gini  coefficient  mobility  Iain  Duncan  Smith  DWP  income  mobility  poverty  trap  nepotism  inequality  class  warfare  Gesellschaft  Polarisation  PR  spin  doctor  manufactured  consent  corporate  state  corporate  media  Hameron  Scandal  Entitlement  straight  white  male  male  privilege  alpha  male  white  male  privilege  privilege  Jeremy  Corbyn  Jeremy  Hunt 
september 2015 by asterisk2a
Disenfranchised Voters and the Rise of Radical Populism - YouTube
inequality  squeezed  middle  class  Sozialer  Abstieg  Gini  coefficient  bank  bailout  sovereign  debt  crisis  austerity  2015  Gerechtigkeit  fairness  Generationengerechtigkeit  Rechtsextremismus  Rechtsruck  Jeremy  Corbyn  Labour  Party  Conservative  Party  David  Cameron  dogma  neoliberalism  neoliberal  political  economy  political  theory  social  tension  social  change  Bernie  Sanders  European  Union  Brexit  Grexit  Schengen  Agreement  UK  Germany  Polarisation  populism  manufactured  consent  corporate  state  corporate  media  propaganda  reframing  framing  PR  spin  doctor  fiscal  policy  monetary  policy  reflate  reflation  recovery  GFC  crony  capitalism  Wall  Street  deregulation  TTIP  self-regulation  neoconservatism  neoconservatives  democracy  No  Representation  Career  Politicians  Opportunism  opportunist  secular  stagnation  trickle-down  economics  AfD  UKIP  NPD  Xenophobia  Antisemitismus  antisemitism  European  Election  2014  campaign  promises  investment  banking  Schuldenbremse  Pact  constituency  Angela  Merkel  social  cohesion  social  contract  short-term  thinking  short-term  view  lobbyist  lobby  Lobbying  revolving  door  working  poor  debt  debt  stagnation  inequality  social  state  precar 
september 2015 by asterisk2a
Jeremy Corbyn: Labour will campaign for UK to stay in the EU | Politics | The Guardian
McFadden stressed he did not believe Cameron was seeking to undermine those rights in his talks with his EU partners, but recognises that Corbyn is deeply concerned at what he regards is a shift from a social Europe to a free-market Europe. He said: “If the prime minister tries to water down hard won employment protections that would be wrong and foolhardy on his part and we would very strongly oppose it. But if he does try to water down these protections, the right response is not to leave the EU but to fight the 2020 election on a clear commitment to restore those employment rights – and we have to remain in the EU to do that.”
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september 2015 by asterisk2a
TTIP, TISA Explained | Wikileaks | Jeremy Corbyn | Bernie Sanders | Julian assange - YouTube
BRIC rise and eventual dominance is a threat to USA economic and political and geo political dominance // Who is excluded from TPP, TTIP and TISA (and CETA)? - BRIC & South Africa. // This is a new type of protectionism, sanctions and economic warfare. // Corporations want to lock-in power.
TTIP  USA  Europe  Wikileaks  Wall  Street  profit  maximisation  self-regulation  deregulation  Consumer  Protection  democracy  Career  Politicians  shareholder  value  accountability  China  WTO  AIIB  World  Bank  TPP  crony  capitalism  capitalism  geopolitics  TISA  Developing  World  transparency  social  contract  trade  agreement  No  Representation  political  theory  bribery  corruption  global  economy  global  trade  globalization  globalisation  flat  borderless  European  Parliament  European  Union  economic  history  trickle-down  economics  vested  interest  lobbyist  free  trade  agreement  lobby  Lobbying  revolving  door  interest  groups  Internet  Privacy  Privacy  Surveillance-Industrial  Complex  surveillance  state  Orwellian  corporate  state  corporate  media  manufactured  consent  Polarisation  propaganda  populism  abuse  of  power  Justice  System  inequality  GMO  UK  Germany  Privatisation  neoliberalism  neoliberal  neoconservatism  neoconservatives 
september 2015 by asterisk2a
China's impossible trinity - BBC News
At the heart of China's problem is the "impossible trinity" of international macroeconomics. The impossible trinity - or trilemma - is the idea that it is impossible for a country to have three things at the same time: a stable currency, the free movement of capital (i.e. the absence of capital controls) and independent monetary policy. A country can instead choose just two of the options from this policy suite. The UK, in common with most developed economies, has free capital movement and an independent monetary policy - but not a controlled exchange rate. The Bank of England sets interest rates at a level it thinks is right for the UK economy and - as capital can flow into and out of the UK at will - the exchange rate is determined by the market. [...] But the bigger criticism is usually over the nature of the post-2009 stimulus package [...] But, for all the criticism, the counterfactual is rarely stated. What would global growth have looked like without it? [//+ deflation factors]
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september 2015 by asterisk2a
Vince Cable: Osborne is cynical but will be next prime minister | Politics | The Guardian
“Some of the greatest pressure came on Iain Duncan Smith at the Department for Work and Pensions, whose poor, disabled, unemployed and otherwise vulnerable clients were seen as easy targets for cuts. “IDS was a significant figure, and a fundamentally decent man, but he spent much of his time fighting off pubescent advisers and Treasury officials with cruel ideas for saving money.” [ // they are not the majority of voteres, that vote tories, and thus him, into office at the next election. the poor, vulnerable. disables are not his constituency he has to bank on to follow after David Cameron. ]
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september 2015 by asterisk2a
There’s nothing good about the rise in zero-hours contracts – ban them now | Peter Fleming | Comment is free | The Guardian
Yet the growing trend, which British employers love, is steadily eroding what used to be called “stable jobs”. We are not just talking about teenage fast-food employees or the struggling artist who lands a call-centre gig to tide them over. Universities and the NHS are among those who have embraced this onward march of workplace rationalisation. [...] Studies looking at the effects of economic insecurity are poignant here. According to some behavioural economists there is no doubt that the endless worry caused by economic uncertainty impedes the body’s immune system and you get sick more. But it also starts to mess with your ability to reason. People start making bad decisions. A bad situation can easily get worse. [...] Zero-hours contracts help to subsidise rich corporations and businesses. [...] phase neoliberalism, with its plutocrats, oligarchs and rentiers back in full swing. [...] But as an astute economist recently put it, we can no longer afford the rich.
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september 2015 by asterisk2a
Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian
[A] look at the post-crash global economy, is the first fruit of that freedom. After toeing the line for five years, he can go public with his criticisms of chancellor George Osborne’s handling of the economy. He warns that the emphasis on consumption rather than investment, the continuing reliance on house price inflation as the driver of growth, the decline in productivity and innovation mean fundamental problems are not being addressed. He is also the first minister to lift the lid on the coalition: we learn the Tories could be likable colleagues but “collectively appalling, with ugly tribal prejudices”; that Osborne and David Cameron were unable “to move Theresa May an inch”; that Osborne’s Treasury effectively controlled government, with a hands-off Cameron; and that, in Cable’s view, Nick Clegg and Danny Alexander were too accepting of the Treasury line. [...] [ Cameron the PR man, being in office for the sake of just being in Office ] &! bit.ly/1KROBLk
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september 2015 by asterisk2a
After the Crisis - Mark Blyth - YouTube
>> what if rise of the banks (deregulation, easy credit, global financial markets - arbitrage, and making money with money) fuelled the growth of the last ~25-30 years. // min 47 3 asset bubbles popped // USA - 40% of corporate profits came from 10% of corporate sector (banks) // 30% of MIT grads went to banks instead of real world engineering and manufacturing. // underwater private sector! via credit bubble: student loans (now 1trn and still rising in USA and UK, future disposable income/discretionary spending lower than babyboomers because of wage stagnation, no wage growth) credit cards, mortgages, heloc (home equity line of credit) --- all will have to focus on paying back debt. // 2015 - us student loans 1.25trn - bit.ly/1KJ29uc + auto loans << bubble to eventually pop when collateral is falling! ie stagnant wages for 10 more years. and more and more cant repay their student loans. // 1:12:00 Bubbles move on; dot.com, real estate (property) & commodities, China,
Mark  Blyth  austerity  GFC  recovery  banking  crisis  sovereign  debt  crisis  economic  history  PIIGSFB  bank  bailout  fairness  Generationengerechtigkeit  toobigtofail  too  big  to  jail  too  big  to  bail  TBTF  ECB  NPL  deleveraging  balance  sheet  recession  underwater  credit  bubble  trickle-down  economics  China  2015  2008  dot.com  western  world  secular  stagnation  debt  servitude  student  loan  debt  student  loan  student  debt  generationy  generation  rent  Millennials  disposable  income  discretionary  spending  marginal  propensity  to  consume  Super  Rich  squeezed  middle  class  Sozialer  Abstieg  self-employment  Zero  Hour  Contract  Contractor  underemployed  precarious  work  working  poor  inequality  Gini  coefficient  post-capitalism  crony  capitalism  capitalism  manufactured  consent  Polarisation  Thomas  Piketty  developed  world  income  inequality  propaganda  populism  corporate  state  corporate  media  democracy  Career  Politicians  lobbyist  Lobbying  lobby  deregulation  self-regulation  Workers  Union  wage  stagnation  wage  growth  income  distribution  income  growth  income  mobility  low  income  income  redistribution  stagnation  consumer  debt  debtoverhang  Super  Cycle  debt  bubble  household  debt  private  debt  asset  bubble  reflate  reflation  asset  allocation  distortion  monetary  policy  monetary  stimulus  monetary  monetary 
september 2015 by asterisk2a
This refugee crisis was a test for David Cameron. He’s flunked it | John Harris | Comment is free | The Guardian
"If there was any shred left of the progressive, “modernising” David Cameron who wanted to avenge the idea of the “nasty party” and take on the uglier aspects of Labour’s record, this was arguably his moment. The case for an act of principled leadership was glaring. But on the barren political ground left by his predecessors, he flunked it." // http://www.theguardian.com/world/2015/sep/02/david-cameron-migration-crisis-will-not-be-solved-by-uk-taking-in-more-refugees
David  Cameron  Tories  Toff  Privileged  Establishment  Nasty  Party  austerity  vulnerable  child  poverty  food  poverty  poverty  poverty  trap  Gini  coefficient  social  mobility  income  mobility  inequality  income  inequality  gender  inequality  Conservative  Party  George  Osborne  Iain  Duncan  Smith  DWP  Disabled  immigration  migration  imigrants  imigaration  Gesellschaft  Zivilgesellschaft  social  cohesion  social  tension  budget2015  Generationengerechtigkeit  bank  bailout  neoliberalism  neoliberal  deregulation  self-regulation  London  Westminster  Career  Politicians  No  Representation  social  contract  policy  error  policy  folly  short-term  thinking  short-term  view  Opportunism  opportunist 
september 2015 by asterisk2a
Banks Are Perilously Exposed to China - Bloomberg View
International banks, however, don't appear to be heavily exposed to China, at first glance anyway. Bank of International Settlements data show that their claims on Chinese banks, companies, consumers and public sector are quite manageable, though Australian and U.K. banks have extended a lot of credit in China in proportion to their total foreign assets: [...] U.K. banks' $198 billion in Chinese assets at the end of last year looks particularly threatening, especially given that HSBC and Standard Chartered both derive a significant portion of their revenue from China. This exposure is particularly problematic because a debt overhang is one of the Chinese economy's biggest problems.
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september 2015 by asterisk2a
Thom Hartmann "The Crash of 2016" - YouTube
7:10 American Dream not abt being Super Rich, part of 1%, self-made millionaire. American Dream is abt live a good life, meaningful work. Launch children into world. Edu. Vacation. & Left over 4 retirement. having a voice; Workers Union. Health Care. Some little savings. Retirement Fund. // Wages did not keep up with productivity gains, if they had, minimum wage would be about $22! - bit.ly/1NZLVwc // 1trn$ in student loans/debt! that is what post-war gen had in assets! // (neoliberalism and neoconservative) Think Tanks; like Kato Institute, produce papers that are pushed to media 'getting our message across' (control media), also control over our justice system, & control over our education (our story, ie X Prof and read Ayan Rand). // Middle Class once invested in college & university. Was seen as intellectual class, society pillar. Till the last 32 years. // cites Fourth Turning book! // re-peat of 1929, = GFC // &! youtu.be/nUWaXZWhnqA &! youtu.be/polYrI4Us84
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september 2015 by asterisk2a
Number of workers on zero-hours contracts up by 19% | UK news | The Guardian
Office for National Statistics says number of people reporting that they work on contracts with no minimum hours has risen to 744,000 [...] “The effect of zero-hours contracts on market behaviour and outcomes is thus likely to be greater than their incidence might suggest.” He also said that more employers would stop offering full-time permanent contracts to avoid paying the steep rise in the national living wage for the over-25s that comes into force next April. “In an otherwise very lightly regulated UK labour market the forthcoming large hike in the minimum wage when the national living wage (NVL) is introduced next year might act as a further incentive to employers to increase their use of zero-hours contracts – which are already very prevalent in sectors where the NVL will bite hardest - in order to minimise the impact on total labour costs.” [ study shows ppl are worse of, much more worse off ] &! Zero-hours contracts offered to 'a quarter of all unemployed' - bit.ly/1Nn9yiT
UK  working  poor  tax  credit  child  tax  credit  working  tax  credit  tax  code  Zero  Hour  Contract  Contractor  precarious  work  Precariat  labour  market  neoliberalism  neoliberal  deregulation  Wall  Street  on-demand  Marketplace  shareholder  value  profit  maximisation  living  wage  national  living  wage  minimum  wage  budget2015  George  Osborne  Tories  Toff  Privileged  Establishment  Conservative  Party  austerity  fairness  Generationengerechtigkeit  job  creation  labour  economics  manual  labour  Service  Sector  Jobs  Services  Industry  economy  recovery  disposable  income  discretionary  spending  exploitation  poverty  trap  child  poverty  poverty  food  poverty  2015  wage  stagnation  wage  growth  secular  stagnation  deflationary  deflation  squeezed  middle  class  Sozialer  Abstieg  income  mobility  social  mobility  Gini  coefficient  GFC  part-time  underemployed  globalization  globalisation  self-regulation  lobbyist  lobby  Lobbying  regulation  regulators  Workers  Union  insecurity  uncertainty 
september 2015 by asterisk2a
Will Oil Cause the Next Recession? - Bloomberg View
[Private Sector could not drive recovery! Stupid. And rising (re-flating) asset prices like stocks did not inspire consumers. The reality on the ground is different than asset prices. Inflation targeting is a policy error in hindsight. Question is if policy makers (fiscal and monetary) as willing to admit this, or drag the world through another lost decade & generation!? ] Most forecasters believe consumers will spend the windfall, and thus boost the economy. But almost all of the savings from lower pump prices so far have been used to rebuild household assets and reduce debt. Consumers tend to increase their savings in tough times; they've been doing so during the six-year recovery, even as real wages and median household incomes remain flat. Lower oil prices, however, could come with a downside. As they work their way through the system, deflation could follow. Already, 10 of the 34 largest economies in the world have seen year-over-year declines in consumer prices. [
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september 2015 by asterisk2a
IG Metall: Gewerkschaft beklagt Missbrauch von Werkverträgen - SPIEGEL ONLINE
Immer mehr Betriebe lagern offenbar Arbeit über Werkverträge aus und sparen so Kosten. Das geht aus einer Umfrage der IG Metall hervor. Häufig geht das Outsourcing demnach mit schlechteren Arbeitsbedingungen einher.
neoliberalism  Germany  Workers  Union  Sozialer  Abstieg  deflationary  deflation  lohndumping  Lohnzurückhaltung  Zeitarbeit  Leiharbeit  Werkvertrag  Wall  Street  shareholder  value  profit  maximisation  neoliberal  wage  stagnation  Agenda  2010  deregulation  regulation  Soziale  Marktwirtschaft  abuse  of  power  lobbyist  lobby  Lobbying  crony  capitalism  capitalism 
september 2015 by asterisk2a
Dan Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic - YouTube
free self-regulated market where winner take all - creates adverse outcomes. //<< Book - The Darwin Economy: Liberty, Competition, and the Common Good by Robert H. Frank - Competition can be devastating if it is about winner take all !!! - youtu.be/hmbfK​DvDrJI - via Dan Ariely // // !!! QE - reflate - hope and pray confidence will come back and economy roars back to health. did not happen. // poverty trap // trend continues w inequality, // post-racial America // inability to get out of bad situation // under banked, payday loan // studies have shown, Americans imagine/think of their countries more equal and just than Sweden // (1) create new financial institution, retail banking serving people (not making 15% profit p/a to give it to share holders even demanding more) like Sparkassen // (2) reform education // (stop damaging) narrative of invisible hand - getting the best out of people // national identity // sense of agency !!!
inequality  QE  competitive  competition  winner  take  all  monopoly  monopsony  book  shared  economic  interest  common  good  Dan  Ariely  China  credit  bubble  ZIRP  NIRP  business  confidence  consumer  confidence  equity  bubble  speculative  bubbles  Super  Rich  1%  asset  bubble  faultlines  structural  imbalance  Impediments  Gini  coefficient  social  mobility  income  mobility  poverty  trap  child  poverty  poverty  USA  UK  Europe  austerity  recovery  2015  social  cohesion  social  tension  social  contract  welfare  state  social  safety  net  education  policy  skill-biased  technological  change  skills  gap  western  world  post-racial  America  Jim  Crow  working  poor  squeezed  middle  class  Sozialer  Abstieg  Germany  food  poverty  budget2015  fairness  Generationengerechtigkeit  Privileged  Toff  Establishment  Public  Services  Services  society  racial  segregation  gentrification  Gentrified  class  segregation  urbanisation  urban  planning  social  housing  affordable  housing  Lügenpresse  manufactured  consent  corporate  media  corporate  state  propaganda  populism  stigma  self-regulation  deregulation  Wall  Street  invisible  hand  crony  capitalism  profit  maximisation  shareholder  value  bank  bailout  TBTF  too  big  to  bail  too  big  to  jail  meritocra 
august 2015 by asterisk2a
Twitter works just fine – but for investors, anything except total market domination is a disaster | Comment is free | The Guardian
Nothing better illustrates capitalism’s addiction to illogic than the mismatch between Twitter’s workability and its unpopularity with Wall Street [...] Any company that cannot demonstrate a clear route to monopolising its space, monetising its users’ data on a vast scale, is to be discarded, targeted for acquisition, consigned to perpetual dowdiness. [...] When I’ve pointed to Wikipedia, Apache or Linux as harbingers of a new, non-market, open source economics, one of the stock responses is: “now show us something more spectacular.” The problem is, these modest, functional and free products are already in their own way spectacular. Wikipedia is the biggest information product in the world; Apache runs half the world’s web servers; and Linux is the system of choice for at least a third of all servers (the computers that run businesses) and 97% of the world’s supercomputers.
Twitter  Wall  Street  shareholder  value  profit  maximisation  short-term  short-term  thinking  short-term  view  crony  capitalism  capitalism  exploitation  post-capitalism  monopoly  monopsony  oligopoly  oligopol  Facebook  IPO  Google  Open  Source  Share  Economy  Open  Data  Wikipedia  GNU/Linux  Apache  Wordpress  creative  destruction  Software  Is  Eating  The  World  3D  printing  Robotics  automotive  self-driving  cars  disrupting  markets  disruption  Marketplace  commodity  business  commoditization  marginal  cost  differentiate  differentiation  economics  of  abundance  autonomous  car  automation  Future  of  Work  Mobile  Creatives  Mobile  21stcentury  Collaborative  collaboration  cooperation  user  generated  content  crowdsourcing  Industrial  Revolution  2.0  policy  Industrial  Revolution  economic  history  trickle-down  economics  Universal  Basic  Income  winner  take  all  Amazon  SAP  Salesforce  inequality  Thomas  Piketty  Super  Rich  1%  mainstreet.org  tax  evasion  tax  avoidance  Gini  coefficient  deregulation  neoliberalism  neoliberal  self-regulation  regulators  regulation  utility  public  utility  Good  Silicon  Valley  Unicorn  Decacorn  Private  Market 
august 2015 by asterisk2a
International Focus - A History of Austerity - YouTube
fallacy of composition problem // short-term profit seeking and rent-seeking behaviour, underinvestment, no productive investment - especially long-term. // this underinvestment - public and private sector + market forces and technological progess will level the world and the China/Asia/LatAm rises up to the western world level while western world stays stagnant (loss of standard/quality of living competitively) because of being behind - software is eating the world, 3D printing, uncompetitive manufacturing and heavy industry/goods because of higher energy prices because of lack of investment in energy storage systems that are realized right now and backing off in investment in renewable energy and energy efficiency schemes (especially UK budget2015), automation, robotics, lack knowledge workforce to fill future digital/STEM/knowledge jobs, because of low social mobility, student debt, cuts in education - vocational - professional, as well as giving up on child poverty targets.
rent-seeking  austerity  economic  history  recovery  GFC  secular  stagnation  ideology  dogma  European  Union  UK  USA  2015  underinvestment  productive  investment  asset  allocation  short-term  thinking  short-term  view  hunt  for  yield  QE  ZIRP  NIRP  asset  bubble  speculative  bubbles  equity  bubble  bond  bubble  public  investment  infrastructure  investment  long-term  view  long-term  thinking  Career  Politicians  neoliberalism  neoliberal  No  Representation  academia  academics  Angela  Merkel  Wolfgang  Schäuble  Troika  IMF  OECD  ChristineLagarde  Richard  Koo  Paul  Krugman  Robert  Reich  Joseph  Stiglitz  sovereign  debt  crisis  zombie  banks  TBTF  too  big  to  jail  toobigtofail  bank  bailout  NPL  ECB  Fed  BOE  fiscal  policy  Pact  Schuldenbremse  manufactured  consent  corporate  state  propaganda  corporate  media  populism  PR  spin  doctor  Eurogroup  EuroFin  democracy  Generationengerechtigkeit  fairness  social  contract  crony  capitalism  deregulation  self-regulation  regulation  regulators  lobbyist  lobby  Lobbying  revolving  door  unintended  consequences  unknown  unkown  lost  decade  lost  generation  western  world  Developing  developed  world  Gini  coefficient  social  mobility  income  mobility  policy  in 
august 2015 by asterisk2a
Jeremy Corbyn wins economists’ backing for anti-austerity policies | Politics | The Guardian
In the letter to which David Blanchflower, a former member of the Bank of England’s monetary policy committee is a signatory, the economists write: “The accusation is widely made that Jeremy Corbyn and his supporters have moved to the extreme left on economic policy. But this is not supported by the candidate’s statements or policies. His opposition to austerity is actually mainstream economics, even backed by the conservative IMF. He aims to boost growth and prosperity.” // UK can't compete with energy rich countries - ie through rebuilding (through subsidies) its industrial and manufacturing sector - it has to add value through expert services, knowledge, digital, research to existing products goods and services that then can be re-sold across the world - high energy cost, expensive transport through lack of infrastructure of the future, and lack of in-pipeline educated mobile youngster, is a structural deficit.
neoliberalism  Jeremy  Corbyn  David  Cameron  Labour  Party  Conservative  Party  Tories  Toff  Privileged  Establishment  dogma  ideology  austerity  Privatisation  neoliberal  budget2015  recovery  public  investment  underinvestment  productive  investment  infrastructure  investment  STEM  Research  digital  economy  knowledge  economy  differentiate  differentiation  IMF  OECD  global  economy  globalization  globalisation  borderless  flat  world  competitiveness  competitive  competition  competitive  advantage  current  account  deficit  trade  deficit  global  trade  trade  balance  Structural  Impediments  trickle-down  economics  economic  history  GFC  Generationengerechtigkeit  fairness  vocational  education  education  policy  social  mobility  income  mobility  Gini  coefficient  gender  inequality  inequality  professional  education  Future  of  Work  Software  Is  Eating  The  creative  destruction  added  value  value  creation  faultlines  working  poor  precarious  Precariat  squeezed  middle  class  deregulation  underemployed  unemployment  imbalance  subsidies  subsidizing  protectionism  Career  Politicians  Pivot  UK  economic  growth  economics  of  abundance  marginal  cost  energy  price  energy  policy  renewable  energy  Oil  price 
august 2015 by asterisk2a
Frankreich verliert Status als Deutschlands wichtigstes Exportland - SPIEGEL ONLINE
IMF rechnet für 2015 mit einem Anstieg des BIP US um 2,5 Prozent und für 2016 mit 3 Prozent. "Wir sehen zudem eine Reindustrialisierung in den USA: Dort werden wegen der niedrigen Energiekosten viele neue Fabriken und Produktionsstätten hochgezogen", sagte Treier. "Dafür werden Maschinen und Ausrüstungen aus deutscher Produktion benötigt." Hilfreich sei zudem der schwächelnde Euro, [...] "Die Amerikaner sind relativ preissensible Käufer, auch wenn es um Luxusprodukte wie deutsche Autos geht", // Germany & UK are energy dependent, especially after Desert Storm Energy project failed. UK need the bet on STEM and digital economy and knowledge economy, added value services that can be exported & leverage "British" brand. It can not compete against cheap energy fuelled China and USA! But it did nothing, UK has to even import Nurses and Doctors now! Thanks to short-sighted ideological dogmatic austerity & policy for established businesses. low corp tax & deregulation to compete w price only.
USA  warrenbuffet  2015  fracking  energy  price  Oil  price  energy  policy  shale  gas  shalegas  tarsand  Canada  Exportweltmeister  China  global  trade  Europe  Germany  industrial  policy  UK  global  economy  recovery  Makers  Career  Politicians  competitive  advantage  competitive  competitiveness  competition  energy  dependence  Manufacturing  policy  error  policy  folly  renewable  energy  wind  energy  energy  efficiency  Conservative  Party  budget2015  Tories  austerity  corporate  tax  rate  capital  gains  tax  income  tax  tax  free  income  David  Cameron  George  Osborne  Iain  Duncan  Smith  deregulation  Workers  Union  self-regulation  regulation  regulators  neoliberalism  neoliberal  differentiate  differentiation  ZIRP  NIRP  QE  digital  economy  economic  history  trickle-down  economics  tax  evasion  tax  avoidance  export  exports  current  account  deficit  budget  deficit  trade  deficit  fiscal  deficit  fiscal  policy  fiscal  stimulus  STEM  research  knowledge  economy  knowledge  worker  economics  of  abundance  marginal  cost  economic  damage  shared  economic  interest  macroeconomic  policy  microeconomic  policy  DWP  education  policy  inequality  Gini  coefficient  social  mobility  poverty  trap  child  poverty  income  mobility  creative  destruction  Future  of  Work  Mobile  Creatives  Mobile  White-collar  Blue-collar  squeezed  middle  class  Sozialer  Abstieg  working  poor 
august 2015 by asterisk2a
Conservatives offer day of special access to ministers for £2,500 | Politics | The Guardian
[ you can have your voice heard, if you have the cash ] Corporate executives and lobbyists are being offered the chance to pay £2,500 for a day of special access to Conservative ministers at the party’s annual conference, including George Osborne and David Cameron. More than 30 ministers are being made available to paying guests at the Conservative party’s “business day” next month, which promises the opportunity for discussion with senior politicians. They include those responsible for business, tax and procurement. Cameron is due to give a Q&A session over the “business day lunch” to the grouping, while Osborne will host the dinner. The leaflet setting out the agenda says: “Business day offers representatives from the business community the opportunity to engage in discussion with senior Conservative politicians.” [...] Labour and Liberal Democrats all hold similar events – although at less than half the cost – and without the ability to offer government ministers ...
democracy  social  contract  Career  Politicians  lobbyist  lobby  Lobbying  minority  Toff  Establishment  Privileged  UK  No  Representation  Wall  Street  revolving  door  shared  economic  interest  neoliberalism  neoliberal  Privatisation  austerity  corporate  tax  rate  short-term  view  short-term  thinking  Gini  coefficient  social  mobility  income  mobility  inequality  PR  spin  doctor  transparency  accountability  oversight  political  theory  Policy  Makers  folly  error  shareholder  value  profit  maximisation  deregulation  self-regulation  Workers  Union  regulators  regulation 
august 2015 by asterisk2a
What is TTIP and why should we be angry about it? | Business | The Guardian
The Transatlantic Trade and Investment Partnership may sound boring, but it could affect everything from your income to the food you eat and the state of the NHS. Here is a beginners’ guide to the controversial trade deal [...] TTIP is not to be confused with TPP, which is the Trans-Pacific Partnership, involving 12 countries including the US, Australia and Brunei, and which, like TTIP, is still under negotiation. [...] Consider one aspect of TTIP that is giving European critics the particular pip. It involves another acronym, so steel yourselves. That acronym is ISDS, which stands for “investor-state dispute settlement”. This procedure would allow companies to sue foreign governments over claims of unfair treatment and to be entitled to compensation. Similar provisions in other treaties have allowed, for example, tobacco conglomerate Philip Morris to sue Uruguay and Australia for enacting anti-smoking legislation, and a Swedish energy company to take legal action against Germany ...
TTIP  TPP  Wall  Street  shared  economic  interest  profit  maximisation  shareholder  value  short-term  thinking  short-term  view  exploitation  USA  deregulation  self-regulation  regulation  regulators  oversight  transparency  No  Representation  Career  Politicians  Europe  UK  Germany  unintended  consequences  democracy  NAFTA  crony  capitalism  tax  evasion  tax  avoidance  capitalism 
august 2015 by asterisk2a
Mark Blyth Mackenzie Lecture 2015 – Austerity and the Politics of Money - YouTube
too big to bail, thus stick it to the countries individually. // Draghi Put - LTRO, LTRO 2, ELA, what ever it takes, TLTRO, // 5trn (40% of EU GDP) put into banks since the crisis (as of 2013). // NPL (via stress test) - 1.22trn in NPL in EU banking system as of 2013. // TINA - there is no alternative (same with UK budget2015) - bbc.in/1N3hrdu &! Angela Merkel "Alternativlos" // bailed out the assets (income for banks via mortgages, loans, businesses loans and credit lines, insurance policies, 401ks, pension fund contributions) of the top 20-30% of the income distribution. austerity is put on the bottom 70-20% of the income distribution. a bailout not just of the banks, the system, but also the top 20-30%, the Super Rich, 1%, the Establishment, the Privileged, the babyboomers, the pensioners. ... and add QE, you really reflate/bail out the 1% ... 10% ... 20%, their pensions, investments, and so forth. // this was and still is a Class specific Put Option for those with assets!
Mark  Blyth  austerity  bailout  book  GFC  ECB  toobigtofail  TBTF  bank  bailout  too  big  to  bail  sovereign  debt  crisis  PIIGSFB  zombie  banks  ZIRP  NIRP  QE  financial  repression  economic  history  dogma  ideology  crony  capitalism  European  Union  Troika  Eurogroup  NPL  reflate  reflation  unknown  unkown  unintended  consequences  deregulation  self-regulation  regulation  regulators  complexity  oversight  investment  banking  shadow  banking  banking  crisis  financial  literacy  financial  market  financial  crisis  Wolfgang  Schäuble  MarioDraghi  equity  bubble  asset  allocation  distortion  inflation  targeting  inflation  expectation  European  Commission  European  Parliament  Angela  Merkel  GroKo  lenderoflastresort  Germany  banking  EuroFin  IMF  OECD  academia  academics  M3  monetary  policy  monetary  transmission  mechanism  Richard  Koo  debtoverhang  deleveraging  balance  sheet  recession  fiscal  stimulus  fiscal  policy  Pact  Schuldenbremse  spin  doctor  PR  manufactured  consent  propaganda  Lügenpresse  populism  corporate  media  deflationary  deflation  secular  stagnation  debt  monetisation  debt  monetization  Super  Cycle  budget2015  George  Osborne  Tories  Conservative  Party  Generationengerechtigkeit  fairness  No  bubble  asset  bubble  R 
july 2015 by asterisk2a
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