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Main » 2014 » October » 04

Gallons of ink have been devoted to Wall Street executives’ lack of accountability for a global financial meltdown that was built on top of a mountain of fraud.

Nobody at the top has faced criminal prosecution. Executive compensation and bonuses have rebounded nicely. And while taxpayers committed trillions to keeping those “too-big-to-fail” institutions afloat, the foreclosure crisis persists six years after the crash.

And while the Troubled Asset ... Read more »

Category: Economics | Views: 1132 | Added by: LIBertea | Date: 2014/10/04 | Comments (0)

This week, tens of thousands of Hong Kong residents turned out to protest China’s plan for bringing democracy to that city. Rather than letting voters pick the candidates that get to run for chief executive, Beijing wants the candidates selected by a 1,200 person “nominating committee.” Critics charge the committee will be “dominated by a pro-Beijing business and political elite.” “We want genuine universal suffrage,” Martin Lee, founding chairman of Hong Kong’s Democratic Party demanded, “not democracy with Chinese ... Read more »

Category: Society | Views: 788 | Added by: LIBertea | Date: 2014/10/04 | Comments (0)

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