When Ms Macdonald-Walker returned from work in Leicester last week, she found a card left by British Gas which stated: 'We entered your home with a warrant to fit a pay-as-you-go meter or disconnect your gas/electricity supply.'The company apologised, blamed 'wrong meter reference' for blunder.
The uproar over bonuses “was intended to stir public anger, to get everybody out there with their pitch forks and their hangman nooses, and all that–sort of like what we did in the Deep South [decades ago]. And I think it was just as bad and just as wrong.
Pope Francis: an economic system that has at its centre an idol which is called money,""To defend this economic culture, a throwaway culture has been installed. We throw away young people.We want a just system that helps everyone,"predecessor Benedict also called for changes to economic systems.
There are hundreds of formerly prosperous communities all over America that are being steadily transformed into rotting, decaying hellholes. The good paying middle class jobs that once supported those communities are long gone
Ceith and Louise Sinclair of Altadena, California, were told that their home had been sold. It was the first time they’d heard that it was for sale.Their mortgage servicer, Nationstar, foreclosed on them without their knowledge, and sold the house to an investment company.
The decision last week by US Federal Reserve Board not to begin reducing its $85 billion-a-month bond-buying program has underscored the dependence of the global financial system on the continued injection of ultra-cheap money. It also revealed the crisis of Lehman Brothers five years ago is deepening
Despite the public recriminations over a looming federal government shutdown, there is a bipartisan consensus for drastic attacks on social programs and benefits for working people.
Saudis view fighting in Syria as a conflict with wide and serious repercussions that will shape the political trajectory of the Middle East for years to come .Syrian war presents the Saudis with a chance to hit three birds with one stone:Iran, its rival for regional dominance, Tehran’s ally Assad, and Hezbollah supporters.
With one in seven Americans experiencing “food insecurity,” Republicans yesterday passed a terrible and cruel cut in Food Stamps. This shows us just who they are.
Scientific American editorial, "Labels for GMO Food Are a Bad Idea." "Instead of providing people with useful information, mandatory GMO labels would only intensify the misconception that so-called Frankenfoods endanger people's health." claim GMO labeling increase costs for families $400 per year.
Private prison contracts require states compensate the private companies if the number of prisoners falls below the quota. When Colorado did not meet its lockup quotas due to dropping crime rates, the state had to pay $2mn based on its contract with the Corrections Corporation of America (CCA)
United States federal government currently gives Israel $8.5 million in military aid each day, totally over $3 billion annually,are demanding even more money. United States, is committed by law to ensuring that Israel maintains a “qualitative military edge, to include missile defense programs.
Vowing to topple the government, thousands of state workers took to Greece’s streets Wednesday to protest job cuts that international lenders want in exchange for money to keep this debt-choked country afloat. traffic came to a halt as trains idled for hours, leaving thousands of commuters, tourists stranded.
On Monday, US President Barack Obama marked the fifth anniversary of the Wall Street crash of September 15, 2008 with a White House speech that only underscored the unbridgeable chasm that separates the entire political establishment from the broad mass of working people.
With the evident postponement of an immediate war against Syria, the Obama administration and both Democrats and Republicans in Congress have turned their attention to attack the social programs on which tens of millions of working people in the United States depend on for their health and livelihood.
The U.S. financial system resembles a patient in intensive care. The body is trying to fight off a disease that is spreading, and as it does so, the body convulses, settles for a time and then convulses again.
A new report released by the US Department of Agriculture has shown that food insecurity remains a national problem in the United States as more Americans are struggling to afford food. The national average rate of American households reporting “food insecurity” was 14.7 percent between 2010 and 2012.
During the strict economic sanctions and export bans that Western countries levied against Myanmar through the 1990s and 2000s, the military government had little choice but to turn to China. China, with its deep pockets and a strategic focus on the periphery, was more than happy to invest in the isolated state,
For decades now, the Republican Party has been honing its reputation for hostility toward the downtrodden, the poor, the disadvantaged. While a few of its leaders have tried to either shed that image or to dress it up with a more appealing facade -- think George W. Bush's "compassionate conservatism"
As we approach the 100 year anniversary of the creation of the Federal Reserve, it is absolutely imperative that we get the American people to understand that the Fed is at the very heart of our economic problems. It is a system of money that was created by the bankers and that operates for the benefit of the bankers.
The preliminary agreement between the United States and Russia on turning over Syria’s chemical weapons by mid-2014 sets a deadline of November of this year for international inspectors. The delay will allow Capitol Hill to instead confront a fiscal crises, funding the government and raising the debt ceiling.
Thousands of Greeks took to the streets of Athens on Friday to protest against a violent attack on Communist party members by black-shirted supporters of the neo-Nazi Golden Dawn party which left nine people in hospital with serious injuries, amid fears of civil war.
According to a new report by University of California Berkeley Professor Emmanuel Saez, the gulf between the wealthy and the rest of society has sharply expanded under Obama. The richest one percent now monopolize more than 22% of all household income in America. The richest ten percent more than half...
The Great Depression actually started in 1929, but as you will see below, as late as 1933 the Associated Press was still pumping out lots of news stories with optimistic economic headlines and many Americans still did not believe that we were actually in a depression.
President Obama’s vacillation on Syria—first delaying military action and then booting the decision to Congress—poses grave threats to U.S. prosperity.
Concerns are growing in international financial circles that the conditions have been created for a major, and potentially uncontrollable crisis, as soon as the US Federal Reserve begins cutting back on its purchases of US treasury bonds under its “quantitative easing” (QE) program.
The number of US households with at least one unemployed parent has swelled as a result of the economic crisis, rising 33 percent between 2005 and 2011, according to a report published Tuesday by the Census Bureau.
Potential conflict in Syria and the scaling back of Fed stimulus point to a full-scale market ''mess,'' says investor Jim Rogers, with the countries running trade deficits likely to be hardest hit.
We are witnessing transitions from social-welfare states to social-control states around the world. We are facing a global crisis that is unprecedented, given its magnitude, its global reach, the extent of ecological degradation and social deterioration, and the scale of the violence. We face a crisis of humanity...
Great tutorial – and… It’s important to clarify here that in Cyprus, small investor accounts of 100,000 euros or less were spared from the bail-in haircuts. This will also most likely be the case for future bail-ins. So it’s the larger account holders that have the most risk in these cases…
World bomb(Image: World bomb via Shutterstock)A consensus seems to be building toward anticipating collapse. So what's your flavor? Financial meltdown with chaos? Petrocollapse? Climate extinction?
Foreign ministers of the European Union (EU) have agreed to suspend the sale of arms and security equipment to Egypt as well as to review aid to the country, EU Foreign Policy Chief Catherine Ashton says. denounced the disproportionate use of force by the Egyptian security forces.
Crackdown by Egyptian army, fears of a disruption of oil supplies to the West have boosted oil price. Egypt plays a vital role in international energy markets through the operation of the Suez Canal and the Suez-Mediterranean (Sumed) pipeline. These are vital pieces of infrastructure in the global oil market.
Nestlé CEO, Chairman of the Board—Peter Brabeck-Letmathe supports GMO farming indicating the world’s water supply should—and will soon—come under control of corporations such as Nestlé. Said access to water should not be a public right.To be controlled, privatized and delegated, monitored.
BP filed lawsuit against the Environmental Protection Agency to reopen federal oil and gas leases.EPA cited a “lack of business integrity” for temporarily banning BP from federal contracts. BP had been criminally convicted in four cases, earning $2.7 billion in quarterly profits,
US had planned to sell Brazil 36 fighter jets in deal worth more than $4 billion. Boeing Co. is competing for the contract against France’s Rafale and Sweden’s Gripen. Colombia – one of Washington’s closest allies in the region – was unhappy about the information revealed.
Fueled by a rising population and industrial production, China’s net oil imports are set to outpace that of today’s leader – the USA – in October. US is now satisfying more of its energy demand from within, with production nearing 13 million barrels per day.
A newly unsealed lawsuit, which banks settled in 2012 for $95 million, states that banks resorted to fake documents because they could not legally establish true ownership of the loans when trying to foreclose. means that tens of millions of mortgages in America still lack a legitimate chain of ownership.
Where Trump sees ballooning debt and a credit downgrade, Wiedemer sees much more widespread economic destruction. In a recent interview for his newest book Aftershock, Wiedemer says, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”
Dmitry Agarkov, Russian man wrote his own terms bank approved contract , agreeing to 0 percent interest rate, unlimited credit, no fees, stipulation the bank pay steep fines for changing or canceling the contract.Suing the bank for $727,000 for not honoring the contract's terms.
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