American businesses have never been afraid to compete amongst each other within reason. Competition is what has driven our economy to produce higher quality products at better prices. But now that competitiveness is being threatened by an international pact from hell called The Trans-Pacific Partnership, which will severely tie our hands when trying to compete with certain foreign corporations. Continue reading
In a short period of time, the Pacific Alliance has emerged as one of the leading economic integration projects in Latin America. It aims to succeed where others have failed by creating a gateway to Asian markets and building a Pacific-rim trade deal. Continue reading
The US rose to eminence by producing value, and by a fair percentage of citizens sharing the wealth. The further the nation has been corrupted from the stability of fairness, the faster our rate of decline. Runaway greed, lust for power, and raw capitalism have reversed our national trajectory so insidiously that not just we, but even Earth’s biosphere, are in free fall. Is it more than simple coincidence that such comprehensive decline so closely parallels our prohibition of hemp? Continue reading
If I told you that federal lawmakers are about to forward a bill to the floor of Congress that would empower a government agency to go into towns all over the country and say to small businesses, “We are taking the land you are on and selling it to a large corporation, which spent millions of dollars lobbying to get this land, so that they can build a business that is needed more than yours,” would you be angry? Continue reading
The average price for a gallon of gas rose 30 percent from $2.69 in July 2010 to $3.49 as of March 6. Most of that 30 percent has come in just the last few days. Continue reading
I wrote in a previous article about why America’s manufacturing sector, despite record output, is actually in very deep trouble: record output doesn’t prove the sector healthy when we are running a huge trade deficit in manufactured goods, i.e. consuming more goods than we produce and plugging the gap with asset sales and debt. Continue reading
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What are we going to do about our sociopathic corporations?
Posted on June 12, 2013 by William Blum
Scarcely a day goes by in the United States without a news story about serious ethical/criminal misbehavior by a bank or stock brokerage or credit-rating agency or insurance agency or derivatives firm or some other parasitic financial institution. Most of these firms produce no goods or services useful to human beings, but spend their days engaged in the manipulation of money, credit and markets, employing dozens of kinds of speculation. Continue reading →