The United States’ Obscene Wealth Inequality

By Gilbert Mercier and Dady Chery Haiti Chery In the past 33 years, the United States has become a study in blatant and obscene contrasts between the rich and poor. Although FDR’s New Deal helped to lift the country out … Continue reading →

Time Is Not Money, and Cash Doesn’t Talk

  By Dady Chery and Gilbert Mercier Haiti Chery The expression “time is money” was coined by Benjamin Franklin. It is a relatively new saying, among countless others, that represents the rot that started to eat at the core of … Continue reading →

Clear Caribbean Thinking Required on Extra-Territorial US Laws

By David Jessop, Caribbean Council via Stabroek News. The Foreign Account Tax Compliance Act, or FATCA, is one of a growing number of US laws that are extra-territorial in effect and have been introduced on the grounds of security, to counter terrorism and organized crime, or to address tax evasion. In addition to extending US jurisdiction into the Caribbean, FATCA carries with it the possibility of being used to extend the reach of US law into areas that the legislation was not primarily designed to address.

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Dissolution of Parliament Brings IMF Deal Back to Egypt

By Islam Zayed, Daily News Egypt. Delegates from Egypt’s financial and international cooperation ministries have negotiated a loan with the IMF and are preparing to negotiate others with the World Bank and the African Development Bank. The recently dissolved parliament had opposed some of IMF loan’s terms.

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In Major Victory for Occupy, JP Morgan Chase Stampeded Out of Buffalo NY

By Eric W. Dolan, Raw Story | Occupy Buffalo. Buffalo, New York USA City Comptroller Mark J. F. Schroeder announced that the city will pull $45 million from an account with JPMorgan Chase, following concerns raised by members of the Occupy Buffalo movement.

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56 Cities in Vermont U.S. Vote to Challenge Corporate Personhood

By Aquene Freechild, Common Dreams. At least 56 cities in Vermont voted nearly unanimously, Tuesday March 6, 2012, for resolutions that call on the state legislature and congressional delegation to support a constitutional amendment that specifies money is not speech and corporations are not people.

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Chicago Window Plant Occupiers Win Reprieve, Former CEO Faces Felony Fraud Charges

By Jane Slaughter, Labor Notes | Melissa Harris, Chicago Tribune | Alternet | Labor Beat, YouTube. Members of the United Electrical, Radio and Machine Workers of America Local 1110 (UE) won another reprieve for a Chicago window factory after they re-occupied the plant they famously held in 2008, this time with support outside from Occupy Chicago.

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Revealed – the Capitalist Network that Runs the World

By Andy Coghlan and Debora MacKenzie, New Scientist. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

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Iceland’s Former Prime Minister Charged With Negligence Over Financial Crisis

By Jordan Shilton WSWS Last month, former Prime Minister Geir H. Haarde became the first leading political figure to be charged for his part in the 2008 economic collapse, which hit Iceland with particular severity. In a charge filed at … Continue reading →