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Tag "plutocracy"

The Bankster International

by Mark Hackard Geopolitical analysis, the art of explaining power relationships through the prism of impersonal geography, can be a helpful tool for observers of the Great Game – but it also has its limitations. A case in point is the renewed US-Russia confrontation. Think tanks and policy insiders easily sell the narrative that from the dark days of the Cold War to our own time, Russia and the United

Ruling on Behalf of Wall Street’s “Super Rich”: The Financial End Time has Arrived

by Prof. Michael Hudson for Global Research Now that President Obama is almost celebrating his bipartisan willingness to renew the tax cuts for the super-rich enacted under George Bush ten years ago, it is time for Democrats to ask themselves how strongly they are willing to oppose an administration that looks like Bush-Cheney III. Is this what they expected by Mr. Obama’s promise to rise above partisan politics – by

Top 10 percent of earners in America now receive nearly 50 percent of all the income earned in the United States

by Daniel Tencer for the Raw Story The wealthiest 10 percent of Americans now have a larger share of total income than they ever have in records going back nearly a century — an even larger amount than during the Roaring Twenties, the last time the US saw such similar disparities in wealth. In recent years, the fact that differences between rich and poor are the greatest they’ve been since

Parsing Mr. Paulson’s Bailout Speech: The Unprecedented Giveaway of Financial Wealth Story

by Michael Hudson for Global Research Mr. Paulson’s bailout speech on Monday, October 13 poses some fundamental economic questions: What is the impact on the economy at large of this autumn’s unprecedented creation and giveaway of financial wealth to the wealthiest layer of the population? How long can the Treasury’s bailout of Wall Street (but not the rest of the economy!) sustain a debt overhead that is growing exponentially? Is

The Evolution of Evil: Plutocracy Controls Politics

By Joel Hirschhorn (see his interview with the Saker here)www.delusionaldemocracy.comwww.foavc.org Perhaps a global political apocalypse has already arrived. Activists and dissidents should understand that evil forces and tyrannical governments have evolved. Just as human knowledge and science expand, so do the strategies and instruments used by rulers, elites and plutocrats. By learning from history and using new technology they have smarter tools of tyranny. The best ones prevent uprisings, revolutions

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