Six years after the financial crisis, Wall Street’s housing alchemy engine is revving up again - only this time it’s coming for your rental.
Five years after the 2008 world financial crisis and two years after the Occupy movement it triggered, U.S. critics of the financial sector are coalescing around the idea of a Robin Hood Tax on financial transactions.
On Nov. 29, 138 member states of the United Nations General Assembly voted in favour of giving Palestine “non-member observer state” status. Only nine voted no, 41 abstained. Beyond Middle East politics, the vote also mirrors the limits of the U.S. global, and the Israeli regional, empires: 138 defy their grip and favour change, 41+9=50 do not for various reasons. Who wants what?
The media did their best to make the U.S. presidential election look important, the altar on which democracy is built. But there has been a problem ever since the Supreme Court legalised unlimited campaign spending (six billion dollars this year), thereby authorising one more freedom of expression, called "commercial speech" even though much of this speech is libellous, often neither true nor relevant.