It’s not just the USA that allows bankers and financiers to break the law and get away with it. Or regards the largest financial institutions as “too big to fail”. 309 more words
Tags » Economy And Business
Why are stock prices rising while the real economy is doing so badly?
Answer: Stock buybacks.
Mike Whitney, writing for Counterpunch, explains how corporate CEOs keep their stock prices high even when their sales and profits are lagging by borrowing money and buying back stock. 173 more words
I’m strongly against the proposed Trans Pacific Partnership agreement and the fast track proposal for approving it, based on what I know of both.
I write this even though I admit I don’t know what will be in the TPP when it is finally submitted to Congress. 1,098 more words