The Biggest Myth Preventing an Economic Recovery

By Washington s Blog

The most dangerous myth, because a lot of economic policy is based upon it, and because so few know that it is false, is the myth about how banks make loans.

http://www.informationclearinghouse.info/article31626.htm



'Equality of Opportunity' Can t Exist When the Rich Have 85 Percent of US Wealth

Video

Economist and Nobel Prize winner Dr. Joseph Stiglitz: ''The United States is not only the country with the most inequality in outcomes, it s the country with the least equality of opportunity,'' Stiglitz says. ''A kid s life prospects are more dependent on the education and income of his parents than in any other advanced industrial countries.''

http://www.informationclearinghouse.info/article31615.htm



How Big Banks Victimize Our Democracy

By Bill Moyers

Matt Taibbi and Yves Smith discuss the folly and corruption of both banks and government. Also, Peter Edelman on fighting U.S. poverty.

http://www.informationclearinghouse.info/article31694.htm



Do We All Work for Central Bankers?

CNBC Admits We are All Slaves

Video

Is this Global Governance at last? Is it One World.. with the Central Bankers in charge?"

http://www.informationclearinghouse.info/article31689.htm

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Republicans Love Big Government (So Long as It Serves Big Business)
http://www.commondreams.org/view/2012/06/18-10

Low-Wage Nation: Poverty and Inequality Are Threatening Our Democracy
http://www.commondreams.org/view/2012/06/19-4

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The Disconnect Between Household Wealth and GDP Growth
http://lewrockwell.com/bonner/bonner556.html

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The state of poverty in America

The American Prospect
by Peter Edelman

06/22/12

We have two basic poverty problems in the United States. One is the prevalence of low-wage work. The other concerns those who have almost no work. The two overlap. Most people who are poor work as much as they can and go in and out of poverty. Fewer people have little or no work on a continuing basis, but they are in much worse straits and tend to stay poor from one generation to the next. The numbers in both categories are stunning...

http://prospect.org/article/state-poverty-america


Informant: Thomas L. Knapp

--------

Banks Were Selling Phony Mortgages

Bill Moyers, Moyers & Co.: ''Rolling Stone editor Matt Taibbi and Yves Smith, creator of the finance and economics blog Naked Capitalism, join Bill to discuss the folly and corruption of both banks and government, and how that tag-team leaves deep wounds in our democracy. Taibbi s latest piece is 'The Scam Wall Street Learned from the Mafia.' Smith is the author of 'ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism.'''

http://truth-out.org/news/item/9966-matt-taibbi-and-yves-smith-on-the-follies-of-big-banks-and-government



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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recovery
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http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Stiglitz
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Dean+Baker
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/bonner
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