Surviving Capitalism (Not) : Forget China, Here’s What’s Really Frightening U.S. Stock Investors

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Sunday, August 30, 2015

Forget China, Here’s What’s Really Frightening U.S. Stock Investors

Click here to access article by Pam and Russ Martens from Wall Street on Parade.

These two indefatigable investigative journalists who specialize on Wall Street issues point to two problems that are contributing to the economy's current doldrums: corporations buying back their own stock with near zero rate loans (under the Fed's "quantitative easing" policies) and a recurrence of "dodgy practices" that brought down the economy in 2007-2008.