Monday
Dec102012
HOT LINKS: Treasury Secretary Google?
Merkel celebrates Nobel Peace Prize.
- California School District Owes $1 Billion On $100 Million Loan
- Treasury Secretary Google?
- Coburn in Senate Battle for Veterans’ Gun Rights
- Rubio: 'Tax Increases Will NOT Solve Our $16 Trillion Debt'
- Peter Schiff: The Fantasy of a 91% Top Income Tax Rate - WSJ
- $700K of Gold Dust Missing from Pfizer Lab
- China Moves to Curb Shady Stock Listings - MarketWatch
- Bill Gross Looks to Reduce PIMCO's Risk Profile in 2013
- Obamacare Architect Leaves White House for Big Pharma Lobbying | Glenn Greenwald
- NYC Artist Satirizes Cops' Drone Program; Gets Book Thrown At Him By NYPD
- How Neighbors Steal Your Identity - MarketWatch
- Deportation of Obama's Uncle on Hold as Immigration Board Re-Opens Case
- CHICAGOLAND: Cop Shoots Dog, Writes Owner a Parking Ticket
- Commander In Cheat! New Film Reveals the Shocking Sex Life of FDR
- Even Santa Can’t Find a Job - MarketWatch
- VIDEO: Nigel Farage Reacts to EU Winning Nobel Peace Prize
Reader Comments (9)
http://theintelhub.com/2012/12/10/musician-with-apparent-rothschild-banking-heritage-snags-unexpected-grammy-nomination/
http://www.npr.org/2012/12/07/166745290/school-district-owes-1-billion-on-100-million-loan
The Trouble With Democrats
snip
American Usury
One of the fundamental issues that party managers wished to avoid was the scandal of American usury. Usury is the ancient sin of charging inflated interest rates sure to ruin the borrowers. It is considered immoral by Judaism, Christianity and Islam because usury involves the powerful using their wealth to ensnare weak and defenseless borrowers. The classic usurer offers an impossible choice that debtors cannot easily refuse. If they reject the terms of the loan, they will not be able to pay the rent or buy necessities. If they accept the usurious interest rates, their debts will accumulate until they are bankrupted (at which point the creditors claim their property). No civilized society can endure in such conditions.
Usury used to be illegal in the United States but it was "decriminalized" in 1980--the dawn of financial deregulation. A Democratic president and Congress repealed all interest-rate controls and the federal law prohibiting usury. Thirty years later, American society is permeated with usurious practices--credit cards charging 30 percent and higher, subprime mortgages and other forms of predatory lending, the notorious "payday" loans that charge desperate working people an effective interest rate of 500 percent or more. Businesses, especially smaller firms, are also prey to usury in less direct ways.
in full
http://www.thenation.com/article/trouble-democrats?page=full#
Third Way Document Proves Democratic Party Supports Institutionalized Looting by Banks
Read more at http://www.nakedcapitalism.com/2011/07/third-way-document-proves-democratic-party-supports-institutionalized-looting-by-banks.html#LQfYme7ph0g1v14R.99
http://www.bloomberg.com/news/2012-12-10/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion.html