Yet some of the president’s big-money backers say they aren’t interested in bankrolling an effort aimed at propping up Sanders. They worry his potential strength in a general election is being badly underestimated, much as Democrats wrongly discounted Trump four years ago.
Annegret Kramp-Karrenbauer, speaking in an interview at the World Economic Forum on Thursday, said that Germany aims to keep its forces in Iraq, but can only do so at the behest of the government in Baghdad.
“We need to keep in mind that in Iraq, IS is not yet defeated,“ Kramp-Karrenbauer told Bloomberg Television in Davos, Switzerland. “If the pressure is reduced, then the danger is great that it resumes its regime of terror.”
Safeguarding Our Planet
The richest 22 men in the world — including Jeff Bezos and Bill Gates — own more wealth than all the women in Africa, Oxfam found.
Worries about income inequality, jobs disappearing due to automation and environmental sustainability are all feeding wide-scale distrust in capitalism as the world knows it, according to a new study released Sunday.
Edelman, a public-relations firm, conducted its 20th annual analysis of public trust in major institutions, surveying 34,000 people in 27 countries and Hong Kong. The data reveal both skepticism about those institutions—including government, business, the media and nongovernmental organizations …
The ultra-wealthy are pouring money into the 2020 Democratic Primary. Cenk Uygur, John Iadarola, and John Fugelsang, hosts of The Young Turks, break it down.
Democracy has been shackled by capitalist power. If sovereignty were merely about numbers, then the workers and the peasants, the urban poor and the youth would be represented by people who put their interests first and would be able to command more of the fruit of their labour. Democracy promises that people would be able to control their destiny. Capitalism, on the other hand, is structured to allow the capitalists – the property owners – to have power over the economy and society. From the standpoint of capitalism, democracy’s full implications cannot be allowed. If democracy gets its way, then the means of producing wealth would be democratized; this would be an outrage against property, which is why democracy is narrowed.
Here’s how they got here
Far-right Prime Minister Benjamin Netanyahu and his challenger in today’s (December 26) internal Likud election for the party leadership, MK Gideon Sa’ar, each received hundreds of thousands of shekels in campaign contributions from American, British millionaires, the State Comptroller’s Office website revealed on Sunday, December 22.
The Knesset passed a law last year preventing Knesset candidates from raising money from private donations and instead providing public funds for primaries. However, the law does not apply to races for the leadership of a party.
Lowest seats since 1935
Lowest since 1945
2nd lowest since 1949
Lowest since 1908
2nd lowest since 1962
Maybe it’s not just about Brexit?
The specific mission undertaken by Volcker was to jack up interest rates and plunge the country into recession, creating mass unemployment as a means of breaking the social resistance of the working class.
A full accounting would reveal that his policies, imposed on behalf of the American ruling class, resulted in untold social misery and the premature death of millions of people, not only in the US but around the world, as he charted the path for ruling classes to follow everywhere.
Traders who thought Johnson would use his considerable parliamentary majority to cut ties with the Brexit hard-liners in his party and deliver a soft divorce were “caught by surprise,” said Kit Juckes, chief foreign-exchange strategist at Societe Generale SA.
It was the currency’s biggest slump in a year.
And now homeless encampments are as abundant in L.A. as $10-million homes.
The only good thing I can see about skid rows popping up in every part of town, as they have in recent years, is that maybe the graphic, everyday evidence of our epic disaster will help drive a greater sense of urgency. After all, the public clamor for solutions is at a pitch, with a recent poll putting homelessness as a top concern for 95% of registered voters.
DEPRAVED Jeffrey Epstein, his alleged pimp Ghislaine Maxwell and disgraced film mogul Harvey Weinstein grin at Princess Beatrice’s Windsor Castle party.
Mandelblit’s indictment listed 333 potential witnesses, including Milchan and Packer, as well as U.S. casino billionaire Sheldon Adelson, a longtime supporter of Netanyahu, and Oracle Corp. co-founder and chairman Larry Ellison. Cosmetics heir Ron Lauder, another longtime Netanyahu associate, and British-American billionaire Len Blavatnik, also appear on the list.
The full indictment against Netanyahu, which was made public by Israeli Attorney General Avichai Mendelblit on Monday, includes the names of every person who was either questioned by the police as part of the criminal investigation or testified about it to investigators, plus others who could be relevant to the court cases. The list of 333 names also includes dozens of police officers who were part of the probe.
In a bid to secure support from industry ahead of polling day on December 12, the leaders of the Conservatives, Labour and the Liberal Democrats will each make a speech on stage at the CBI (Confederation of British Industry) Annual Conference at the InterContinental London – The O2.
The vision he offered was of a capitalism that would be judged, he said, “not just by how much it produces, but how widely it shares; how good it does for how many; and how well it takes care of all of us.”
The speech amounted to an effort to guide his party toward a vision for how to tackle one of the most salient issues facing the country: the growing divide between the very rich and everyone else.
The billionaire, who died Friday, understood the power of changing ‘hearts and minds.’ He spent almost unlimited money on behalf of limited government.
Since the 1970s, the Kochs have spent at least $100 million — some estimates put it at much more — to transform a fringe movement into a formidable political force aimed at moving America to the far right by influencing the outcome of elections, undoing limits on campaign contributions and promoting conservative candidacies, think tanks and policies.
A notable rise in applications for the Significant Investor Visa (SIV) program, which grants direct residency to applicants, has been filed with the New South Wales state migration department over the past months, reported Reuters. Interested individuals have to invest at least A$5 million (US$3.4 million) to be eligible for the program.
Yes. I didn’t neglect to include that third one. That is the real issue with this business plan. Deception. Because so much relies on building a large team in order to earn the top figures that so many dream of, prospecting can be as much about the art of deception as it is the art of persuasion. Now, one might believe that a deceived recruit is not as effective as a persuaded recruit. However, when there are dynamics that operate within the team that echo those found in Scientology, the Branch Davidians, and modern-day and early communism, this distinction becomes difficult to differentiate.
The luncheon fundraiser in Jackson, Wyo., will feature White House advisers Ivanka Trump and Jared Kushner, along with acting White House chief of staff Mick Mulvaney as “special guests,” according to the invitation, which was obtained by The Washington Post.
Yet Germany, which has a budget surplus and which can borrow money at sub-zero rates, doesn’t see the problem even as its own manufacturing sector contracts. Finance Minister Olaf Scholz told Bloomberg Television on Thursday, minutes before Draghi’s press conference, that he has no plans to loosen the country’s purse strings because it’s not “necessary or wise to act as if we were in a crisis.”
The ruling class — dominated by billionaires like Donald Trump and the vested interests that prop him up — have played the same name-calling game for decades. Legislate tax cuts for the wealthy, turn a blind eye to polluters, shut down tax audits on the rich, abandon antitrust laws, put corporate lobbyists in charge of the regulatory agencies and then attack anyone who calls foul a „radical.“
John Gershman and Alec Irwin state in “Dying for growth”:
„100 countries have undergone grave economic decline over the past three decades. Per capita income in these 100 countries is now lower than it was 10, 15, 20 or in some cases even 30 years ago. In Africa, the average household consumes 20 percent less today than it did 25 years ago. Worldwide, more than 1 billion people saw their real incomes fall during the period 1980-1993. Meanwhile, according to the United Nations Development Program’s 1998 Human Development Report, the 15 richest people in the world enjoy combined assets that exceed the total annual gross domestic product of sub-Saharan Africa. At the end of the 1990’s, the wealth of the three richest individuals on earth surpassed the combined annual GDP of the 48 least developed countries.“
The Thistle won’t waste ink on how the wealthy have fared since the mainstream corporate press does a very commendable job in this respect.
-The insurance industry
-The pharmaceutical industry
-The military-industrial complex -The fossil fuel industry
If we can take them on, we will finally be able to create real change. #DemDebate2
in theory, lower interest rates will:
– Reduce the incentive to save. Lower interest rates give a smaller return from saving. This lower incentive to save will encourage consumers to spend rather than hold onto money.
– Cheaper borrowing costs. Lower interest rates make the cost of borrowing cheaper. It will encourage consumers and firms to take out loans to finance greater spending and investment.
– Lower mortgage interest payments. A fall in interest rates will reduce the monthly cost of mortgage repayments. This will leave householders with more disposable income and should cause a rise in consumer spending.
Joe Biden revealed Monday that his campaign may have raised nearly $20 million since the former vice president entered the 2020 race — a figure that would surpass the amount raised by any of the Democratic presidential candidates in the first fundraising quarter.
President Donald Trump raked in nearly $25 million in campaign contributions for his re-election effort in less than 24 hours, the chairwoman of the Republican National Committee said Wednesday.
Analysts have warned the IMF deal would likely come with myriad restrictions that could bridle Khan’s grand promises to build an Islamic welfare state, as the country is forced to tighten its purse strings.
Pakistan’s increasing economic woes also come as the country is facing possible sanctions from the Financial Action Task Force — a money-laundering monitor based in Paris — for failing to rein-in terror financing.
American millionaires would elect Joe Biden over President Donald Trump if the former vice president becomes the Democratic nominee, according the CNBC Millionaire survey.
JPMorgan Chief Executive Jamie Dimon warned at a quarterly meeting of the Business Roundtable (BR) that socialism would be a “huge mistake.“
“When government owns and controls companies used for political purposes, not economic purposes, it usually means jobs and votes and can lead to huge deterioration,” said Dimon, who chairs the BR.
The Koch-backed Americans for Prosperity is opening its doors to backing Democrats running for office in 2019 and 2020.
Historically the political network has only backed Republicans.
In 2020, there will be an estimated 4,532 delegates: 3,768 pledged delegates and 764 automatic delegates—more commonly known as superdelegates.
To win the Democratic nomination, a presidential candidate must receive support from a majority of the pledged delegates on the first ballot—an estimated 1,885 pledged delegates. If the convention is contested and goes to a second ballot or more, automatic delegates will be able to vote and a candidate must receive majority support from all delegates—an estimated 2,267 delegates
Democratic presidential candidate Bernie Sanders went to Walmart’s shareholder meeting in Arkansas to push the company to include workers on the company’s board and pay workers at least $15 an hour. CNN’s Ryan Nobles reports on Sanders‘ crusade against Walmart.
My father came to this country from Poland at the age of 17 with barely a nickel in his pocket. I spent my first 18 years, before I left home for college, in a three-and-a-half-room, rent-controlled apartment in Brooklyn. My mother’s dream was to own her own home, but we never came close. My father’s salary as a paint salesman paid for basic necessities, but never much more.
As a young man I learned the impact that lack of money had on family life. Every major household purchase was accompanied by arguments between my parents.
Democratic Rep. Alexandria Ocasio-Cortez and GOP Sen. Ted Cruz came together Thursday on Twitter in a professed effort to ban former lawmakers from taking paid lobbying positions.
By early afternoon, Ocasio-Cortez said she would co-lead a bill with Cruz — if there were no „partisan snuck-in clauses, no poison pills.“
Cruz, who has previously argued with the freshman Democrat on Twitter, agreed.
At least one politician from each side of the aisle came forward to support their pact: Sen. Brian Schatz, D-Hawaii, tweeted, „IN,“ and Rep. Chip Roy, R-Texas, offered to lead or co-sponsor a bill in the House.
It had been a „challenging fundraising year“ for all parties, the Tories said.
The figures do not represent all donations, as only those above £7,500 have to be reported.
A no-deal scenario would do „severe“ damage to businesses, it said in an open letter to all the MPs running to lead the party.
Director general Carolyn Fairbairn warned them that smaller companies cannot afford the necessary preparations for leaving without a plan.
Donald Trump’s tax returns show that he lost so much money in the mid-1980s to 1990s that he paid no income tax for eight out of 10 years during that period, according to a new report.
The income tax records were obtained by The New York Times, and represent the most detailed look into the president’s personal taxes yet, after years in which Mr Trump had sought to keep the documents private.
That prospect is not only spooking establishment-aligned Democrats, but it is also creating tensions about what, if anything, should be done to halt Mr. Sanders.
Three-quarters of Americans agree that people like themselves have too little influence in Washington, rare unanimity across political, economic, racial and geographical lines and including both those who approve and disapprove of President Donald Trump, according to a new poll by The Associated Press-NORC Center for Public Affairs Research. Majorities also don’t have a great deal of confidence in most of the nation’s institutions. That’s especially true of Congress, which takes the biggest hit, and the presidency.
Consider the following:
Reuters poll: 70 percent support Medicare for all, including 52 percent of Republicans.
Fox News poll: 70 percent support raising taxes on those making over $10 million a year.
Bloomberg poll: 62 percent support tuition-free college.
Kaiser Foundation poll: 92 percent support having Medicare negotiate with drug companies to lower drug prices.
Hart poll: 63 percent support $15 minimum wage.
Yale/George Mason poll: 81 percent support the Green New Deal plan.
There is a wide gulf between the political center and the moral center.
(20.10.2018) The highly likely ascension to power of far-right extremist Jair Bolsonaro is already unleashing a climate in which journalists who are critical of him and his movement – including several writing for the Intercept – are being subjected to an aggressive campaign of personal investigation, attempted intimidation, and thuggish scrutiny of family members.
These attacks are being orchestrated by the media outlets owned by a far-right, scandal-plagued, evangelical pastor-billionaire, Edir Macedo (universally known as The Bishop and founder of the sprawling Universal Church of the Kingdom of God), who is now an explicit supporter of Bolsonaro.
Edir Macedo, founder of the Universal Church of the Kingdom of God, is among the richest religious leaders in the world and a Brazilian media mogul to boot. Raised a Catholic, he converted to evangelical Christianity in the early 1970s. In 1977 he founded his own sect in Rio de Janeiro, which follows „prosperity theology,“ asserting that faith and commitment to a church are rewarded with wealth. In July of 2013 he also became a banker after acquiring a 49% stake in privately-held bank Banco Renner, which boasts among the highest interest rates in Brazil.
From 1984 to 1988, he worked as an interpreter for a group of Soviet military advisers in Libya and Iraq.
n October 2018, Forbes released its annual Forbes 400 list, which ranks the richest people in the United States by net worth.
The list that follows here ranks the richest people on the planet, using information from both Forbes’s annual list of 400 Americans, and its tally of the richest billionaires worldwide, which is updated every spring.
(9.10.2018) “Technology is going to bring about many changes, and for that we need to be prepared, and human capital is the key,” stated Madame Lagarde, adding that these technological changes would have a particular effect on women and girls, who “are more exposed to transformation of their jobs than men.”
President Kim pushed parliamentarians to act fast, warning that, “if countries don’t make these critical investments with a fierce urgency, they will be left behind.
The fortunes of a dozen 2009 Davos attendees have soared by a combined $175 billion, even as median U.S. household wealth has stagnated, a Bloomberg analysis found.
In the past Merkel has refrained from wading into monetary policy by defending the independence of the European Central Bank. President Donald Trump has been more pointed, arguing the Federal Reserve has been too aggressive in raising rates. In the U.K., the Bank of England has come under attack from pro-Brexit supporters over its grim economic forecasts about the costs of leaving the European Union.
Sen. Sanders joins Paul Jay who asks if breaking up the big banks is enough to weaken the power of Wall St.
Published on Jun 15, 2006
„We live in a nation owned and controlled by a small number of multi-billionaires whose greed, incredible greed, insatiable greed, is having an unbelievably negative impact on the fabric of our entire country,“ Sanders told Paul Jay, CEO and senior editor of The Real News Network, in an interview posted Thursday.
(7.11.2017) It’s stupid to think that Kroll and Black Cube are the only ones trying to offer the wealthy these services, and it’s stupid to think that Weinstein is the only rich asshole using such services to cover up his personal evils. Weinstein got caught because he happens to have a fetish for women of means, who became wealthy themselves and who can with enough effort can get their voices heard. Imagine crossing a wealthy person and not having such means at your disposal. This has doubtless happened to countless people.
There is a global struggle taking place of enormous consequence. Nothing less than the future of the planet – economically, socially and environmentally – is at stake.
At a time of massive wealth and income inequality, when the world’s top 1% now owns more wealth than the bottom 99%, we are seeing the rise of a new authoritarian axis.
While these regimes may differ in some respects, they share key attributes: hostility toward democratic norms, antagonism toward a free press, intolerance toward ethnic and religious minorities, and a belief that government should benefit their own selfish financial interests. These leaders are also deeply connected to a network of multi-billionaire oligarchs who see the world as their economic plaything.
Das Finanzvermögen der Deutschen stieg der BCG-Analyse nach um währungsbereinigte 4,3 Prozent auf 7,5 Billionen Dollar. Gemessen an der Summe der Vermögen rangiert Deutschland damit weltweit unverändert auf Platz fünf. An erster Stelle stehen die USA (80,5 Billionen Dollar), dahinter folgen China (20,7 Billionen), Japan (16,8 Billionen) und Großbritannien (9,3 Billionen).
Global personal financial wealth grew by 12% in 2017 to $201.9 trillion in
US dollar terms. (See Exhibit 1.) The total was roughly 2.5 times as large as the world’s GDP for the year ($81 trillion).