1

Peter Koenig – Are EU Country Central Banks “Illegally” Buying Government Bonds?

The following text is an English transcript (translation) of an RT Berlin Interview in German regarding an apparent secret agreement between the European Central Bank (ECB) and individual Euro countries’ central banks issuing large amounts of government bonds. The discovery flared up just before the FED raised its base interest rate by a quarter percent on 16 December 2015, signalling the …

The Federal Reserve Board, Jobs and the Rewriting of Economic History By Dean Baker

As most people know, economists are good at rewriting history. We have seen this in the last few years as the collapse of the housing bubble and the ensuing downturn has been turned into one of those unavoidable tragedies that could not have been prevented. After all, no one could have imagined that house prices wouldn’t keep going up forever …

sludge

How Corporations Dump Their Toxic Sludge in Areas Filled With Poor People By Erik Loomis

The following is an excerpt from Out of Sight: The Long and Disturbing Story of Corporations Outsourcing Catastrophe [3]by Erik Loomis (The New Press, [4] 2015): The new environmental laws of the 1970s proved immediately effective. Between 1972 and 1978, presence of sulfur dioxide in the environment fell 17 percent, carbon monoxide by 35 percent, and lead by 26 percent.15 Americans lauded a future …