By Marianna Fotaki (IPS) – The European Union should not be afraid of the leftist opposition party Syriza winning the Greek election, but see it as a chance to rediscover its founding principle – the social dimension that created it and without which it cannot survive. Greece’s entire economy accounts for three per cent of […]
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Plutocracy
Richest 1% will have more Wealth than rest of Humankind by 2016
BBC | — “Wealth amassed by the richest 1% will overtake the amount owned by the rest of the people in the world, according to a study by charity group Oxfam. The richest 1% of people will see their share of global wealth increase to more than 50% in 2016 at the current rate of […]
Fox ‘News’ Schooled By French ‘Daily Show’ On Muslim ‘No-Go Zones’
AJ+ | — “The host of France’s “Le Petit Journal,” Yann Barthès, asked his audience to flood Fox News with claims about Parisian “no-go zones.” Since the Charlie Hebdo attack, several Fox guests have asserted that parts of England and France are Muslim-run, with non-Muslims and police not welcome. But Barthès did some fact-checking on […]
Gap between Wealthy and everyone else in USA is now Insane
Cenk Uygur | (The Young Turks) — “”The wealthy are getting wealthier. As for everyone else, no such luck. A report released on Wednesday by the Pew Research Center found that the wealth gap between the country’s top 20 percent of earners and the rest of America had stretched to its widest point in at […]
If Jeb Bush Is In, Who Will Win Wall Street’s Money?
Bloomberg Business | — “Bloomberg’s Stephanie Ruhle and John Heilemann talk cash and 2016 prospects. Bloomberg Politics leads Bloomberg’s political coverage across all platforms: Web, mobile, television, digital video, radio, live events and more. “With All Due Respect” is hosted by Mark Halperin and John Heilemann airs at 5p ET/PT on Bloomberg Television and BloombergPolitics.com. […]
When 1% hog the Wealth, it hurts National Growth for Everyone
DW | — “OECD says inequality hits national growth and says education the key to fighting this. DW: “OECD finds growing inequality lowers growth | Journal”
Russell Brand v. Press Lord Rupert Murdoch: Who won?
AJ+ | — “The British twitterati is in a tizzy over a brawl between Russell Brand and Rupert Murdoch’s The Sun. The “manarchist” comedian has been accused of hypocrisy for championing housing rights and decrying tax-evading gentrifiers all while paying rent to a tax-dodging landlord. Find out who’s winning here.” AJ+: “Russell Brand Vs. Murdoch’s […]
Solar Power in US doubles in 2014, Wind now 4% of Energy Mix
By Juan Cole | — Compared to Germany and Spain, the United States is woefully backward in its development of wind, solar and other renewable sources of energy for electricity generation. But there is some good news on this front, as CleanTech notes. Utility-scale solar power generation in the United States doubled in the past […]
The Beltway Beast: How two Tribes in D.C. are Destroying the Middle Class
By Munir Moon The area inside the Beltway consists of Washington, D.C., and surrounding counties, and what I call the Beast includes defense contractors, lobbyists, Wall Street, think tanks, advocacy groups, journalists, foreign agents, and everyone else who wants something from our government. All of these congregate in the Beltway and are actively engaged in […]