Wednesday night I attended a nice little event for Yes! Magazine supporters and enjoyed many great conversations. One conversation in particular, with Jule Meyer Principal of Parkman Foundation Services, revolved around philanthropy and the great Giving Pledge campaign started by Bill and Melinda Gates. Now, I should preface what I’m going to talk about with this statement: I think [...]
If only the words “back from whence ye came” could really have magical powers and plug the mortal wound we have inflicted upon the Gulf of Mexico (and soon her bigger cousin, the Atlantic Ocean and Eastern Coastline). Whilst our human brains convince us over and over again that we are above nature, can outsmart [...]
Taking inspiration from economist James Tobin, the new UK campaign for a “Robin Hood Tax” is a great example of the type of social movement for economic reform we need across the world. A global Robin Hood tax is a crucial part of transition from a growth-based economy to one that is people-based. This type [...]
The fall of the Berlin wall was a monumental event in history. Interestingly enough it acted as the end of a large-scale governance/economic experiment. Here we have two societies, each with similar backgrounds, but each with drastically different views of government and economics. On one side was placed a highly controlled society and on the [...]
I wanted to pass this video along, to give us all a little perspective on the historical amount of money our government is pumping into a failed system. We keep propping up reckless banks and corporations too large to exist, but do we ever take a second to think about how much money that really [...]
The old saying goes that the definition of insanity is “doing the same thing again and again expecting different results.” There is talk now of more money needed to keep the big banks afloat. It has become apparent that Bank of America “needs” billions of dollars more (roughly $34 billion, with a B). If it didn’t work the [...]
The U.S. Federal Reserve is our nation’s bank, created at the beginning of the last century (big thanks to President Wilson) to centralize our banking system and stabilize our currency. It is quasi-public, having both private corporations and public agencies with controlling interest. “The Fed,” as they call it on the street, controls our money, [...]
AIG paid more than 20 times the average US yearly income to executives in bonuses. We own a substantial amount of companies that were on the brink of going under not to long ago. Now they are trying to defend what they call “retaining” bonuses: extra money to keep on executives. These are not the [...]