This and that for your Sunday reading. – Morris Pearl and Pramila Jayapal make the case for raising more revenue from the people with the most to contribute. And Jayati Ghosh notes that a minimum effective corporate tax rate would go a long way toward avoiding the offshore sheltering of
Continue readingTag: Banking
Accidental Deliberations: Saturday Morning Links
Assorted content for your weekend reading. – Robyn Allan reports that the Trudeau Libs’ set of Trans Mountain giveaways to the oil sector now includes billions to oil companies. And Sharmini Peries talks to Dimitri Lascaris about the Libs’ willingness to enable SNC Lavalin’s corruption, while Martin Patriquin notes the
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading. – Matt Phillips and Karl Russell write that the next severe financial meltdown may not be far away, and that student and consumer debt (along with new derivatives from corporate debt) look to be at the centre of it. And Stephen Long points
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Ajit Zacharias, Thomas Masterson and Fernando Rios-Avila study the economic well-being of U.S. households, and find a stagnant standard of living including a falling base income for the median family. Josh Bivens and Ben Zipperer confirm that in the past few decades, workers
Continue readingAccidental Deliberations: Friday Morning Links
Assorted content to end your week. – Brett Scott pulls back the curtain on the cashless society, and notes that it (like so many “financial innovations”) is largely the result of banks seeking profits with no interest in how they harm people who don’t have money to burn: Financial institutions,
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Oliver Moore reports on Greyhound’s elimination of most of its Western Canadian bus service. Emily Riddle offers a reminder that the lack of transportation puts Indigenous women and other marginalized people at risk. And Simon Enoch highlights the obvious need for Saskatchewan to
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Elizabeth Piper reports on Jeremy Corbyn’s much-needed declaration that under a Labour government, the financial sector will serve the public rather than the other way around. And George Monbiot comments on the role the left needs to play in reversing the accumulation
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading. – Damian Paletta and Josh Dawsey report that cash for access is the only way for anybody to raise issues with the U.S. Republicans’ tax bills. And Ronald Brownstein views the tax debacle as conclusive evidence of the closing of Republican minds. –
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This and that for your Sunday reading. – Matt Bruenig proposes a social wealth fund as a fix for the U.S.’ burgeoning inequality and income insecurity: We seem stuck in the same policy equilibrium we have been in for decades, with conservatives denying that there is a problem and pushing
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading. – David Sirota interviews Thomas Frank about the U.S. Democrats’ obsession with educational achievement as a cure-all – and their consequent loss of touch with the large numbers of citizens suffering from economic policies which left them behind: Sirota: What do you think
Continue readingAccidental Deliberations: Friday Morning Links
Assorted content to end your week. – Rutger Bregman writes that the most extreme wealth in our economy is based on rents rather than productivity: In reality, it is the waste collectors, the nurses, and the cleaners whose shoulders are supporting the apex of the pyramid. They are the true
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Julia Smith argues that one of the primary responses to the recent reports about banks exploiting consumers (and pressuring staff to carry out their plans) should be a drive to organize workers: Banking is often viewed as an industry offering secure white-collar
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This and that for your Thursday reading. – Erica Johnson reports that the problem of bank employees being pushed to fleece customers (legality be damned) is common to all of Canada’s major banks. And Lisa Wright reports that the result will be a national investigation. But it’s appalling that it
Continue readingAccidental Deliberations: Thursday Afternoon Links
This and that for your Thursday reading. – Jonathan Charlton interviews Danielle Martin about the health benefits of eliminating poverty. And the Equality Trust studies expenditures by household income level, finding among other areas of gross inequality that the rich are able to spend more on restaurants than the poor
Continue readingAccidental Deliberations: Monday Morning Links
Miscellaneous material to start your week. – David MacDonald examines how Canada’s tax expenditures systematically favour higher-income individuals over the people who actually have a reasonable claim to public support: This study finds that Canada’s personal income tax expenditures disproportionately benefit the rich and cost the federal treasury nearly as
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading. – Ellen Gould comments on how the CETA and other trade deals constrain democratic governance – and the fact that corporate bigwigs are threatening any government which considers giving effect to popular opposition doesn’t exactly provide any comfort. Meanwhile, Scott Sinclair points out
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Valerie Strauss discusses the disastrous effects of corporatized education in the U.S. And Alex Hemingway examines how B.C.’s government (like Saskatchewan’s) is going out of its way to make it impossible for a public education system to do its job of offering
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading.- George Monbiot observes that while few people would want to drive animals to extinction directly, we’re all too often eager to settle for a consumerist culture which produces exactly that result. – Car…
Continue readingAccidental Deliberations: Friday Morning Links
Assorted content to end your week.- Owen Jones interviews Ha-Joon Chang about the foreseeable harm caused by the UK’s austerity, as well as the false claims used to push it. – The Stoney Creek News rightly argues that Canada Post should move toward pos…
Continue readingParchment in the Fire: A €45bn headache for Italy
Italian banks stricken by massive amounts of bad loans and falling shares are becoming a financial and political problem for PM Matteo Renzi and for the EU.
Source: A €45bn headache for ItalyFiled under: Eurozone crisis Tagged: Banking, finance capit…