The Financial Instrument That Could Save the Economy - and Why It Hasn't

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From: "t r u t h o u t" <messenger@truthout.org>
Date: Feb 24, 2013 2:28 PM
Subject: The Financial Instrument That Could Save the Economy - and Why It Hasn't
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Sunday, 24 February 2013 View Recent Newsletters Tell a friend about Truthout! Donate Today!   Truthout is a 501(c)3 nonprofit organization; donations are tax deductible.

BuzzFlash The BuzzFlash commentary will return soon.   Is Senator Ted Cruz Our New McCarthy? Read the Article at The New Yorker   Meet the Woman Paying for Wall Street's Sins Read the Article at Salon   Alex Kotlowitz: the Price for Public Violence Read the Article at The New York Times   The For-Profit Immigration Imprisonment Racket Read the Article at Rolling Stone   Oklahoma May Deny Women Affordable Birth Control Because it "Poisons Their Bodies" Read the Article at ThinkProgress   Pro-Gun Radio Ads to be Paid for by Taxpayers Read the Article at The Political Carnival   Obama's New Political Group to Lure Unlimited Donations Read the Article at The Washington Post     Your support is crucial in order for Truthout to keep bring you stories like the ones below. To avoid corporate influence, we don't take advertising, which means we rely on our readers to keep us strong. We fell a few hundred dollars short of our goal in January, and we still need to raise almost $40,000 this month, so we urgently need your help now - can you make a tax-deductible donation today? Click here to donate. (Truthout is a 501(c)(3) nonprofit. EIN: 20-0031641) You can also donate by check, made payable to: Truthout, P.O. Box 276414, Sacramento, CA 95827 (Please include your email address on your check.) The Financial Instrument That Could Save the Economy - and Why It Hasn't Ellen Brown, Truthout: Quantitative easing as practiced today is not designed to serve the real economy. It is designed to serve bankers who create money as debt and rent it out for a fee. The money power needs to be restored to the people and the government. Read the Article  Food and Land at the Service of People: an Interview With Peter Rosset Beverley Bell and Tory Field, Other Worlds: Via Campesina and allied social movements have all gathered together under the banner of food sovereignty. This is the collective banner of struggle. Read the Article  Major Banks Aid Behind the Scenes in Payday Loans Banned by States Jessica Silver-Greenberg, The New York Times News Service: Major banks have quickly become behind-the-scenes allies of Internet-based payday lenders, who have set up online operations in more hospitable states or far-flung locales like Belize, Malta and the West Indies to more easily evade statewide caps on interest rates. Read the Article  Amazon's Thuggish Security Force in Germany Shows How Corporations Get Their Way Yves Smith, Naked Capitalism: Businesses can get too powerful and inflict violence to get its way. But you'll never hear that from libertarians. Read the Article  Journalism by–and for–the Sponsors Peter Hart, FAIR: Sponsored stories like Salon's Scientology article are becoming ever more common, and will soon be the usual in the corporate media world. These kinds of arrangements happen all the time. Read the Article  New Report Outlines the Horrors, Potential Solutions for Guest Worker Programs Chaz Bolte, We Party Patriots: Those who wish to expand the current system of bringing temporary workers to the United States via guest worker programs might want to heed the warnings of The Southern Poverty Law Center (SPLC) and their new report, "Close To Slavery." Read the Article  Exactly Why Is President Obama Going to Israel? Carl Bloice, Foreign Policy in Focus: Both Israel and the United States seek to quash expectations that the visit will jump-start the Israeli-Palestinian peace process. Read the Article  Strategizing to Defeat Control Unit Prisons and Solitary Confinement: An Interview With Author/Activist Nancy Kurshan Staff, Angola 3: "I think it's important for people to keep pushing. Don't lay back and expect the politicians to stick their necks out with no backup. They will not. But when you find an ally, work them him or her. Allies like that don't come along that often." Read the Article  Congress: End Endless War and Stop Becoming "the Evil That We Deplore" Norman Solomon, NormanSolomon.com: Repealing the Authorization for Use of Military Force will be very hard. Revoking the power to combine lovely rhetoric with pernicious militarism will be even more difficult. Read the Article  This week in SpeakOut: Jill S. Schneiderman discusses how her students are combating bigotry with community service; Dennis Trainor Jr. interviews Congressman Adam Schiff (D-CA) to discuss money in politics, corporate personhood, overturning citizens united; Ten years after the initial invasion of Iraq, a community of like-minded peace activists wish to see an end to the ongoing war in the middle east; Lee R. Haven returns to his open discussion of racism in America with "Tipping Point 2;" PR Watch and ALECexposed.org bring you new information on Pete Peterson's hypocritical "Fix the Debt" campaign; and more. Read the Articles

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