Capitalism is killing our morals, our future – Paul B. Farrell – MarketWatch

SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, capitalism is working … for the Forbes 1,000 Global Billionaires whose ranks swelled from 322 in 2000 to 1,426 recently. Billionaires control the vast majority of the world’s wealth, while the income of American workers stagnated. BEST OF MARKETWATCH Here’s the one other story that  you can’t afford to miss today For the rest of the world, capitalism … Seguir leyendo Capitalism is killing our morals, our future – Paul B. Farrell – MarketWatch

De superioridad moral y otras falacias.

De superioridad moral y otras falacias: Cada vez que escucho o leo opiniones sobre la ley del aborto, sobre el aborto , sobre el derecho a abortar sufro la misma reacción: un escalofrío me recorre la espalda, un impulso emético atenaza mi estómago y a continuación me asaltan las ganas de gritar. Algunos sonreirán condescendientes y pensarán: ¿ves? Tan progresista y mira lo que dice. … Seguir leyendo De superioridad moral y otras falacias.

Worth Over $500,000? Then QE Has Worked For You; Everyone Else Better Luck Next Time | Zero Hedge

Not supremely confident despite the stock market being at all-time highs? Unsure of the future and feeling poorer than in the past? You are not alone. In fact, you are among the 93% majority. As the Pew Research Center finds, during the first two years of the US economic ‘recovery’, the mean net worth of households in the upper 7% of the wealth distribution rose … Seguir leyendo Worth Over $500,000? Then QE Has Worked For You; Everyone Else Better Luck Next Time | Zero Hedge

Testosterone Pit – Home – Germany’s Trial Balloon Of A “Plan B”

Some prominent Germans have publicly expressed their doubts about the future of the euro. A few politicians have tried to jam anti-euro sound bites edgewise into the evening news. And an anti-euro party, the Alternative for Germany, is forming just in time for the September elections, hoping to garner enough votes to move into parliament. But those close to the epicenter of power, those near … Seguir leyendo Testosterone Pit – Home – Germany’s Trial Balloon Of A “Plan B”

The Oil Drum | Total Production by the Top Five Oil Majors Has Fallen by a Quarter Since 2004

This is a guest post by Matthieu Auzanneau, a freelance journalist in France, author of the Oil Man blog at Le Monde, where this post first appeared. The combined crude oil production of the five main international oil companies (Exxon, BP, Shell, Chevron and Total) hit an historic high in 2004. Since then, it has fallen by 25.8%, despite large increases in investments. via Seguir … Seguir leyendo The Oil Drum | Total Production by the Top Five Oil Majors Has Fallen by a Quarter Since 2004

Spain’s “Inverse Austerity” Leads To Multi-Year High Budget Deficit | Zero Hedge

For a country that laments the imposition of draconian "austerity" measures, now allegedly in their third year, which have so far seen government revenues slide, while spending rises, Spain sure has a problem with figuring out how it is supposed to work. Yet while the world was shocked back in December 2011 when Spain quietly announced its budget deficit would jump from 6% to 8.5%, … Seguir leyendo Spain’s “Inverse Austerity” Leads To Multi-Year High Budget Deficit | Zero Hedge