Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzMyMTAwMzYwX0M4NUQ0NDYy] [b]The Politics of Austerity in America[/b] by Solidarity July 5, 2012 [i]In view of the 2008-09 economic meltdown, some on the left felt that the global and neoliberal agenda dominant since the 1979-81 economic crisis would be jettisoned in order to stabilize global capitalism. Yet the age of austerity proclaimed as a necessity by the Toronto G20 summit is clearly a continuation of ‘there is no alternative’ to brutal and restructuring capitalism. What's now emerged in the United States is the role of the right-wing state governments (more than the federal government) in imposing a really brutal economic austerity as well as a reactionary social agenda. The Midwest states are the model (WI, OH, IN, MI), although certainly attacks in CA and NY are a part of this drive. The budget-slashing agenda is a bipartisan one, although to be sure it is most viciously imposed by Republicans (and in this country unlike Europe, the elites don't openly call it ‘austerity’).[/i] This is not to minimize the role of the federal government. After all, it is the federal budget that is spending roughly 50 per cent of all federal dollars on the military and ‘war on terror.’ Unlike most states, the federal government can run a deficit in order to create jobs or save homes from foreclosure. Instead of saving people, it has been estimated that federal institutions bailed out Wall Street and corporations to the tune of $20- to $30-trillion. [b]CONTINUE: http://globalresearch.ca/index.php?context=va&aid=31769[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Weight loss-obsessed girls eating GMO cotton balls soaked in lemon juice
Is Your Pee The Right Color?
New Algorithm Will Hunt You Down In Untagged Photos
New Generator Converts Heat and Solar Power Into Electricity
High Court Won't Hear Liberty U. Challenge of ObamaCare
When Algorithms Grow Accustomed to Your Face
Police are spying on innocent cell phone users using a 'tower dump' to access data
Supreme Court won't rule on state Internet sales taxes
State Dept. bought $180,000 in liquor before shutdown
1/4 of federal scientists forced to exclude or alter information for non-scientific reasons
New product shuts car engines off with a radio pulse
New York lawsuit seeks 'legal personhood' for chimpanzees
SCIENTISTS DISCOVER DIFFERENCE BETWEEN MALE AND FEMALE BRAINS
NASA’s Big Cover Up of Cities on Mars Visible in This Video?
Students forced to pay $40,000 for solar umbrellas
Mom’s advice: Text ‘yes’ before having sex
The reason 200 million girls have 'vanished'
The Money Changers Serenade: A New Plot Hatches
Coming Soon, a Night Watchman With Wheels?
Ongoing FBI probe of state senator could create political complications for Democrats in 2014
Liberal Sweden Allows Pedophile to Adopt Child
Republican doctors running for Congress amid ObamaCare rollout fiasco
Liberals push wish list on Obama (now that the bar has been lowered)
Play The Game Show Feud: Obamacare Edition!
Mission to grow plants on the moon would have cost $300M old way but hitchhiking will cost $2M
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2012 Godlikeproductions.com
Page generated in 0.003s (3 queries)