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"Jamaica's decades of debt are damaging its future" no author listed, The Guardian

in

The latest IMF loan does not 'rescue' Jamaica, whose debt must be written off if its people are to take control of their economy. Many people in Jamaica would have trembled as they read the financial press last week, telling them that their country is, again, due to be "rescued" by a loan package put together by the International Monetary Fund (IMF).

Does the World Bank speak with forked tongue on Land Grabs? Rob Nash, Oxfam’s Private Sector policy adviser,

in

Last week I was at the World Bank’s Land and Poverty Conference in Washington DC, sitting in one of the most luxuriously appointed office buildings I have ever seen, (and I used to work for Lehman Brothers), as we discussed the land issues that so critically affect many of the poorest people on our planet.

This week, this fine setting will play host to the annual Spring Meetings of the World Bank Group, where land issues will also be a big focus for many of the assembled policymakers, academics, NGOs and private sector investors.

Europe's Stark Choice: Resignation or Revolution by Don Quijones Raging BS Blog, Spain

Two years ago this May, Madrid's Puerta del Sol and Barcelona's Plaza Catalunya, Spain's two most important city squares, were occupied by thousands of indignant protestors. For many of the nation's highly educated but disillusioned youth, enough was enough, and for a short while it seemed that a new era of political mobilization beckoned.

Democracy in the Workplace: All About Collectives

https://www.youtube.com/watch?feature=player_embedded&v=-cyP1tR45qU

This posting is as much about archiving this link. I am personally skeptical about presentations which seem excessively naive about the prospects of cooperatives to be successful. The importance of establishing a culture of commoning cannot and must not be under-estimated. Education is an essential element of that culture, not an incidental accessory.

"A Disappointing, Procyclical, and Highly Politicized Budget" by Ed Dolan Ed Dolan's Blog April 11th 2013

The White House has officially unveiled its budget for fiscal year 2014. I hope to have a chance to look at some of the numbers and programs in depth over the coming weeks, but the overview alone confirms what many leaks have suggested, namely, that this is a disappointing, highly politicized document. Here are some first impressions:

A commitment to continued procyclical austerity

“Nobody in Europe” sees a “contradiction” between austerity and growth" William K. Black, UMKC, NEP blog, April 10th, 2013

The two most revealing sentences about the gratuitous Eurozone disaster – the creation of the deepening über-Depression – was reported today. The context (rich in irony as I will explain) is that U.S. Treasury Secretary Lew spent his Spring Break in Europe meeting with his counterparts. The Wall Street Journal’s article’s title explains Lew’s mission and its failure: “U.S.

"MERS Helps Wall Street Steal Your Home" From Great Leap Forward site(L. Randall Wray) April 10, 2013

http://www.youtube.com/watch?v=tlUCaq22oYo

This needs to be widely distributed.

This is a webinar put together to assist resistance to the bankster frauds in seizing properties, when they have no legal basis to do so due to the securitization process which includes MERS the Mortgage Electronic Records Service which violated contract law at the outset and then enabled the robo-signer scamming of the process.

The Commission on Portugal: Is This for Real? Francesco Saraceno April 8th 2013

in

A quick note on Portugal. Let’s start from three facts: Austerity did not work. Portugal is in a recessionary cycle. The economy will shrink by 2.3 per cent this year, more than twice as much as the previous government forecast (and the slowdown of exports to the rest of the eurozone, is not helping).

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