Pope Slams Capitalism As 'New Tyranny'

By Reuters

How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points?"

http://www.informationclearinghouse.info/article36971.htm



John Perkins: The Economic Hitmen

Video

A great illustration on how corporations take control of countries, and how capitalism drives the expansion of the Military Industrial Complex.

http://www.informationclearinghouse.info/article36999.htm



The High Price of Rising Income Inequality

Op-Ed

Incomes of the top 1% grew by 31.4% from 2009 to 2012, compared to just 0.4% for the remaining 99%.

http://blogs.wsj.com/experts/2013/11/26/the-high-price-of-rising-income-inequality/



'There Are Now Two Americas: My Country is a Horror Show'

By David Simon

The notion that capital is the metric by which we are going to measure the health of our society is one of the fundamental mistakes of the last 30 years. I would date it in my country to about 1980 exactly, and it has triumphed.

http://www.informationclearinghouse.info/article37050.htm



3 Shocking Ways Inequality Keeps Getting Worse in America

By Paul Buchheit

Anyone reviewing the data is likely to conclude that there must be some mistake.
http://www.informationclearinghouse.info/article37256.htm



U.S. Debt Up $1,608,304 for Each Baby Born the Year Obama Took Office

Under President Barack Obama, the total debt of the U.S. government has increased by approximately $1,608,304 for each of the 4,130,665 babies born in the United States in 2009, the year Obama took office.

http://www.cnsnews.com/news/article/terence-p-jeffrey/us-debt-1608304-each-baby-born-year-obama-took-office



The Historical Evolution of Money and Debt

Michael Hudson and Randall Wray

Video

Persistent budget deficits will burden future generations with inflation and higher taxes. TRUE OR FALSE.

http://www.informationclearinghouse.info/article37457.htm



Jack Lew: US could default on debt by 'end of month'

US Treasury Secretary Jack Lew has warned the US may default on its debt by the end of the month if Congress does not raise its borrowing limit.

http://www.bbc.co.uk/news/world-us-canada-26021640


From Information Clearing House

---------

Pope Francis Understands Economics Better Than Most Politicians
http://www.commondreams.org/view/2013/11/27-3

How Inequality Became as American as Apple Pie
http://www.commondreams.org/view/2013/12/10-7

Americans to Wall Street 'Scrooges': Give Your Bonus to Homeless
http://www.commondreams.org/headline/2013/12/26-1

Wall Street Sings While Americans Sob: Happy New Year One and All
http://www.commondreams.org/headline/2014/01/01-4

Jobs or Inequality? That s No Choice At All
http://www.commondreams.org/view/2014/01/03-5

--------

A Pope s Pointed Message

Eugene Robinson, Washington Post Writers Group: In a stunning new treatise on the Catholic Church and its role in society, Pope Francis addresses the widening gap of inequality that capitalism is creating around the globe and charges Christians to be accountable for their own worship of the false idol better known as money.

http://truth-out.org/opinion/item/20330-a-popes-pointed-message



From Rome, Five Basic Insights on Inequality

Sam Pizzigati, Inequality.org: In plain yet powerful language, Pope Francis is challenging the givens of our deeply unequal world and helping inspire resistance to it.

http://www.truth-out.org/opinion/item/20348-from-rome-five-basic-insights-on-inequality



Actually Existing Capitalism: Wrecking Societies for the Benefit of Big Capital and the Super-Rich

CJ Polychroniou, Truthout: Evidence suggests that capitalism has become wholly predatory and has given up all pretense of being "socially responsible."

http://truth-out.org/opinion/item/20558-actually-existing-capitalism-wrecking-societies-for-the-benefit-of-big-capital-and-the-super-rich



Gaming the System: The Relevance of The Hunger Games

Sarah Page, Truthout: As The Hunger Games trilogy gains popularity in bookstores and the box office, its themes of extreme class inequality, poverty, class warfare and oppression gain prominence in reality across the globe.

http://www.truth-out.org/opinion/item/21097-gaming-the-system-the-relevance-of-the-hunger-games



Economic Update: The Trend to Inequality

Richard D. Wolff, Economic Update / Truthout: Today, major discussions of conservative inequality denials and of the significance of *productivity* statistics. Also, a response to question on the nature, origin and meaning of *profit.*

http://www.truth-out.org/news/item/21129-economic-update-the-trend-to-inequality



Inequality Remains a Critical Issue in the US

Paul Krugman, Krugman & Co.: It has taken an amazingly long time, but inequality is finally surfacing as a significant unifying issue for progressives in the United States, including the president. And there is also, inevitably, a backlash, or actually a couple of backlashes.

http://truth-out.org/opinion/item/21082-inequality-remains-a-critical-issue-in-the-us



The $17 Trillion Delusion: The Absurdity of Cutting Social Security to Reduce the Federal Debt

Marty Wolfson, Dollars & Sense: Seventeen trillion dollars certainly sounds like a big, scary number, especially when national debt clocks tell us that this translates into more than $53,000 for every person in the United States. But we shouldn?t be focusing on that number.

http://www.truth-out.org/opinion/item/21154-the-17-trillion-delusion-the-absurdity-of-cutting-social-security-to-reduce-the-federal-debt



Reclaiming the Radical Imagination: Challenging Casino Capitalism's Punishing Factories

Henry A. Giroux, Truthout: American politics and culture have been handed over to the rich and now function largely to produce a state that offers the ultrawealthy and powerful all of the benefits, regardless of the massive inequality in wealth, income and suffering such policies produce, says Giroux.

http://truth-out.org/opinion/item/21113-disimagination-machines-and-punishing-factories-in-the-age-of-casino-capitalism

--------

Necessity: The Argument of Tyrants
http://www.lewrockwell.com/2014/01/glenn-jacobs/necessity-the-argument-of-tyrants/

--------

Freedom or *security?*

Future of Freedom Foundation
by Jacob G. Hornberger

01/08/14

Never mind that it is the foreign policies of the Pentagon and the CIA that has led to the constant threat of terrorism that they say they need to protect us from. That s considered irrelevant. What matters is that the terrorists, like the communists, are coming to get us and that the only way to prevent that is to have the government spy on its own citizens and destroy other aspects of civil liberty. This is precisely the type of thing that goes on in totalitarian countries...

http://fff.org/2014/01/08/freedom-or-security


Informant: Thomas L. Knapp



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