Alternative currency and balanced living system. Alternativna valuta i uravnoteženi životni sistem. Moneta alternativa e sistema di vita equilibrato.

Linija

Search

Home Mediji Vijesti Nobel Winning Economist Supports ‘Occupy Wall Street’ Protest

Crom Alternative News

Investigative journalism and useful articles on various topics.
tuper
Ocjena: / 1
LošeOdlično 

As the Occupy Wall Street protest entered its third week Monday, it is being taken more seriously. Similar sit-in demonstrations have popped up from Boston to Chicago and Los Angeles and this week the New York protest expects to swell with support from trade unions.

You need to a flashplayer enabled browser to view this video

 

Nobel Prize winning economist Joseph Stiglitz showed up at “Occupy Wall Street” this week to show his support for the protest and clearly outline what he sees as the worst crimes of the American financial sector.

In a brief speech amplified by an "echo chamber" of protesters (who shouted Stiglitz’s own words as a group because they’re banned from using megaphones), the Colombia University professor said that Wall Street had become wealthy by “socializing losses and privatizing gain,” calling it a scheme that’s "not capitalism."

"After the bubble broke, they continued in their way of disobeying the law, in a sense. Throwing people out of their houses, even in some cases when they didn’t owe money. We bailed out the banks with an understanding that there would be a restoration of lending. All there was was a restoration of bonuses. Unless we deal with the anti-competitive practices with the reckless vending and speculative behavior, with the anti-competitive practices, unless we restore demand to the function it should serve, we won’t have a robust recovery."

The Raw Story - 4 October 2011





.

alternative currency, newspapers, novosti, giornali, novine, notizie, local currency, complementary currency, alternativni novac, lokalna valuta, komplementarna valuta, moneta alternativa, moneta complementare, moneta locale      Objavi Vijest

Ako si registrirani korisnik, možeš objaviti svoje vijesti na webu koristeći ovaj servis.

independent news, nezavisne vijesti, informations, informacije, informazioni, kredit, loan, notizie indipendenti, prestito, mutuo, seigniorage, signoraggio    Kategorije Vijesti

.

 alternative news, alternativne vijesti, notizie alternative, debt-money, moneta debito, central bank, banca centrale, centralna banka, publish news, objavi vijest, pubblica le tue notizie    Prijava

What happens next if the state can go bankrupt?
 

 alternative news, alternativne vijesti, notizie alternative, money, denaro, soldi, novac, debt, dug, debito, taxes, tasse, porez, bank, banca, banka     Tko Je Online?

Trenutno aktivnih Gostiju: 2895 
linija

 nezavisne vijesti, notizie indipendenti, independent news, informations, informacije, informazioni, kredit, loan, prestito, seigniorage, mutuo, signoraggio     Novo Na Forumu