An Economy For All

Revenge of the Rating Agencies

spiegel.de — Many observers assign a large part of the blame for the 2008 financial crisis to the "big three" credit rating agencies, which gave their AAA seal of approval to worthless investments. Now those same agencies are helping to bring the euro zone to its knees -- and no one is trying to stop them.

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Philip  Palij's picture

Thoughts On The Emporer's New Electric Car

When a man called Matthew Wilson, who edits the car buyers ' Dog & Lemon Guide', said:

"The car industry is selling a false image of efficient, environmentally-friendly electric cars powered by 'green' energy. In reality, electric cars often aren't very efficient and aren't very green."

I stopped to think. more »

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8 Steps the Department of Justice Could Take to Reform Farming

alternet.orgMonsanto Death"...On Friday in an unprecedented move with the USDA, the Department of Justice will launch an investigation into the farm business. The investigation begins a 7-state probe into how Monsanto treats its customers, our nation's farmers..."

This is so important, not just for the farmers but also consumers on many different levels. Setting aside the dangers of Genetically Modified Organisms in our food chain, Monsanto's business practices alone have caused hardship, distress and anger.

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The Most Powerful Destructive Corporate US Business Club

alternet.org

Editor's Note: The following is Part III of David DeGraw's report, "The Economic Elite vs. People of the USA." AlterNet previously ran Part I and Part II.

DeGraw writes in the introduction to his report:

"It has now become evident to a critical mass that the Republican and Democratic parties, along with all three branches of our government, have been bought off by a well-organized Economic Elite who are tactically destroying our way of life. The harsh truth is that 99% of the US population no longer has political representation.

The US economy, government and tax system is now blatantly rigged against us.Current statistical societal indicators clearly demonstrate that a strategic attack has been launched and an analysis of current governmental policies prove that conditions for 99% of Americans will continue to deteriorate. The Economic Elite have engineered a financial coup and have brought war to our doorstep. . . and make no mistake, they have launched a war to eliminate the US middle class."

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Google Plans New Solar Mirror Technology

alternative-energy-news.info

google-solar-mirrorRenewable energy allied to electro-mechanical efficiency is the key to sustainable economic, political and social stability worldwide, something I passionately believe in. When a simple technology, low-tech if you like, shows the potential that parabolic mirrors using the sun show, I smile with hope.

Go for it Google!

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China's Changing Energy Economy

enn.com — China's attitude to renewable energy is a game changer and this assessment of its drive to renewable energy by the Earth Policy Institute shows their immense effort.

But why?

The internal economy of China has the potential to become 5 times bigger than that of the US. If there is only enough oil around for the west, and we have all the concessions, then just as oil is a strategic bone of contention for the US so it is for China. Alternative energy sources must be found or we must prepare for a conflict of interest.

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Did Hedge Funds Conspire to Devalue the Euro?

moneymorning.com — Volatility is the life blood of the vampires masquerading as financiers, rarely do we get the chance to see how the speculation business plays its part in destabilising our lives and the societies in which we live. This story is remarkable for two reasons: you get a table seat with the players at a Wall St casino meeting; the sheer damage these people do without conscience or remorse.

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Exposing the Great American Bubble Barons: Join Us in the Investigation

alternet.org — "...Join AlterNet's collective investigative project into the bubble barons who got obscenely rich as they destroyed our economy. Help hold them accountable with Citizen Journalism.

Today's super-rich are not robber barons, but bubble barons: they extract their fortunes from intensifying cycles of imaginary wealth creation and destruction, live at a far remove from their businesses, and evade accountability in the public spotlight. The robber barons stood behind their economic crimes; the bubble barons, for the most part, do not...."

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Climate scientists withdraw journal claims of rising sea levels

guardian.co.uk — "...Study claimed in 2009 that sea levels would rise by up to 82cm by the end of century – but the report's author now says true estimate is still unknown..."

"Scientists have been forced to withdraw a study on projected sea level rise due to global warming after finding mistakes that undermined the findings..."

TAG as zombie science retraction inconvenient spoof having a laugh

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How Goldman Sachs Helped Greece to Mask its True Debt

spiegel.de — Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit.

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