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By Lawrence Weschler
By Christopher Caldwell
$19.80
$22
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Christo Komarnitski, Cagle Cartoons, Bulgaria —
Posted on Apr 11, 2013
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ell brown (CC BY 2.0)
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By Ellen Brown, Web of Debt —
Default on the public debt, nationalization of the banks, and a citizen dividend could save the Italian economy.
Posted on Mar 7, 2013
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AP / Juan Karita
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President Evo Morales is pressing forward with his nationalization program in Bolivia, seizing four private electric companies Saturday morning. The government now controls 80 percent of the country’s power generation.
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Flickr / No Sweat UK
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In an announcement that was one part election hackery and one part good domestic politics, the Iraqi prime minister has declared that his country will not sell the rights to any more of its oil fields to foreign companies, a move that signals an intent by Iraq to develop its own national oil industry.
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AP photo / Mary Altaffer
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By Robert Scheer — Newt Gingrich is right: “It is European socialism transplanted to Washington.” How else to describe an economy in which the government controls the entire financial center and is now supplying life support for the auto industry?
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Disagreement abounds on this week’s episode of “Left, Right & Center,” especially when it comes to President Obama’s budget plan and the origins of the economic crisis it’s intended to remedy. Who’s the moderator again? And is Bobby Jindal done for?
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AP photo / Richard Drew
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This just in: Not everything is completely awful in the financial arena. Rejoice—stocks went up a little bit! Even if it’s just because Fed Chair Ben Bernanke assured Wall Street that our nation’s banks won’t be nationalized soon, and even if the 2 percent rise happened a day after the Dow dipped to 12-year lows.
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Mexican President Felipe Calderon released his plans Wednesday to give greater autonomy to the country’s nationalized oil monopoly PEMEX, a move criticized as privatizing the industry that constitutes 40 percent of federal income. With domestic oil production falling for the past six years, Calderon has had to negotiate his pro-business politics amid steadfast public opinion against denationalization.
Posted on Apr 9, 2008
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While preparing for his Latin American tour, the president suggested that Cuban communism should die with Fidel Castro. Bush also took a shot at his nemesis in the region, Venezuela’s Hugo Chavez, for his recent decision to nationalize some private industry: “I strongly believe that government-run industry is inefficient and will lead to more poverty.” Before passing judgment, remember that our president is, in fact, an expert on government inefficiency.
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nytimes.com
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Hugo Chavez announced plans on Monday to nationalize companies in Venezuela’s telecommunications and power industries, saying: “All that was privatized, let it be nationalized.” The recently re-elected president has ramped up efforts to transform Venezuela into a socialist society, while at the same time consolidating his power.
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Terracide and the Terrarists: Destroying the Planet for Record Profits
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