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New Labour Leaders Want to Go Back to Blair’s Policies that Blew Up the UK

By William K. Black Quito: May 13, 2015

Given the media effort and the push by the Red Tories to lionize former UK Prime Minister Tony Blair I thought it was a good idea to explain just how destructive his war on financial regulation, supervision, enforcement, and...

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The fossil fuel divestment movement on college campuses highlights two distinct aspects of the problem of climate change. The first and most obvious is that climate change and environmental issues are drastically changing our planet and require immediate action. The second is the responsibility of our colleges and universities to be stewards of...

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In This Issue.

* No news from Eurozone/Greece. * Euro leads currencies higher VS dollar. * A treat from "the 5". * Kiwi rally to be short-lived?

And Now. Today's A Pfennig For Your Thoughts.

Greece Pays Early. Or Did They Really Pay At All?

Good day.. And a Tom Terrific Tuesday to you! Well, looky there! The NFL decided to suspend Quarterback, Tom...

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The Economist’s Racist Headline Must be Retracted Immediately

By William K. Black Quito: May 10, 2015

It took exactly one day for the Tory election victory in the UK to produce the confidence among the Conservatives only remaining media organ with even a semblance of journalistic professionalism to reveal its true racism against the...

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This week, Marina Gorbis from the Institute for the Future presents her idea on the best way to ensure a good economy in 25 years: Let’s get money out of politics.

“We need to get money out of politics. Unless we do that, it will be hard to work on any other issue. It’s a fundamental issue that needs to be fixed,” and we must “limit election season...

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It would be a huge mistake for Democrats to dismiss the newfound economic populism of Republican presidential candidates as obviously laughable given Republicans’ deep alliance with corporate America. Republicans are aiming to pull off a populist jiu jitsu, using anger at corporate influence over government to justify even more dismantling of g...

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Last week, Mayor Rahm Emanuel announced that he plans to preemptively terminate a large portion of the City of Chicago’s remaining interest rate swaps, which will cost taxpayers $200 million in penalties. He is trying to sell this as a shrewd move that will protect Chicago from future risk and help return the city to financial health. Nothing c...

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Britain overtakes France both in terms of purchasing power parity and at market exchange rates, say NIESR...
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Collaboration, innovation and risk are all intrinsic to adaptation. Without adaptation, every system eventually perishes once conditions change.
One feature of capitalism that is rarely discussed is the premium placed on cooperation and collaboration.  The Darwinian aspect of competition is widely accepted (and rued) as capitalism’s...
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In This Issue.

* Dollar rebounds on first day after April. * Greece appears to have blinked first. * U.K. election this week, so far it's a toss up * Zero Hedge points out manipulation.

And Now. Today's A Pfennig For Your Thoughts.

Is The IMF Greasing The Tracks?

Good day.. And a Marvelous Monday to you! May the Fourth be with you. HA!  Whew! I'm...

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