Reaganomics Was Pro Business, Not Pro "Free Market"

TheRealNews - Yves Smith on Reagan Centenary:| February 05, 2011 - President Reagan broke unions and intervened in the market when big business required it.

Reaganomics Sucked Wealth Up, Did Not Trickle It Down

TheRealNews | February 06, 2011 - Michael Hudson on Reagan Centennial: Creating an economy for predators is not respect for a "free market"

Countries in Europe are forced to subscribed to third world economic policy that lead to the ruins in Tunisia :

Tunisia - solidarity with the revolution
Jeremy Corbyn MP | Coalition of Resistance 20 Jan 2011

Britain following America ... towards Bankers.

Lloyds' Eric Daniels in line for £2m bonus

Mr Daniels is stepping down as Lloyds boss in March

Continue reading the main story

Lloyds Banking Group boss Eric Daniels is in line for a bonus of about £2m this year, the BBC has learned.

Mr Daniels, who steps down in March, has turned down a bonus in the past two years but will not do so again, sources told BBC business editor Robert Peston.

The government bailed out Lloyds after it took over HBOS in 2008, and still holds a 41% stake in the bank.

On Tuesday, Barclays boss Bob Diamond said he had not decided whether he would accept a bonus this year.

On top of the bonus, Mr Daniels could receive shares worth another £2m from a long-term incentive plan, according to our correspondent.

The announcement on the bonus will be made in February, he added.

The news of Mr Daniels' bonus came on the day that the Labour leader Ed Miliband accused Prime Minister David Cameron of "pathetic excuses" for breaking promises to limit bank bonuses.

BBC News  |  12 January 2010

Brazil, Fearing Currency War, Takes Harder Edge Vs. China

Will Brazilian equities get their mojo back under new President Dilma Rousseff, who's battling a strengthening currency?

Brazil's Bovespa exchange rose just 1% in 2010 while many New York-listed stocks like energy giant Petro bras (PBR) dived, even as Brazil's hot economy jumped an estimated 7.4%. The Bovespa surged 83% in 2009, leading the way out of the global financial crisis.

With China a big buyer of Brazilian iron ore, meat, soy beans and sugar, some pundits say the Bovespa may not come roaring back until China's stocks rebound.

China's exchange shed 14% last year. Beijing is tightening monetary policy, which will cool its economy.

Rousseff, meanwhile, is aiming to take a tougher line in trade talks with China amid global currency tensions. Brazil's currency, the real, is up more than 100% against the U.S. dollar since 2003. Brazil's trade, however, has been shifting from the U.S. to China.

Investors.com  |  11 January 2011

John Pilger - The Perils of Privatisation

MaritimeUnion | April 02, 2009 - Award winning author, journalist and documentary film maker John Pilger gives a candid account of the perils of privatisation threatening Sydney's Ferry Service.

Inside Job : a documentary on US Economic collapse.

Inside Job Examines Economic Collapse

VOAvideo | December 17, 2010 - More than two years after the U.S. government approved the $700 billion emergency bailout for the financial system, unemployment is high and housing foreclosures are still a cause for concern. Charles Ferguson's documentary "Inside Job," takes a hard look at the causes of the 2008 financial meltdown and warns there could be another recession if the Obama administration is not tougher on the U.S. banking sector and businesses it considers "too big to fail."

Currency War EURO attacked! to retain USD as world's reserved currency.

• RussiaToday | December 17, 2010 - EU leaders meeting in Brussels have agreed to set up a permanent mechanism to save Eurozone economies sinking in debt. They promised to do "whatever is required" to safeguard the common currency. William Engdahl, an economist and author thinks the Union needs a lot of political will to bring the crisis under control and keep the common currency going.

Gender-conomics, Race-conomics, Age-conomics & recession .

The Recession is also a Mancession

TheRealNews | December 16, 2010 - Nancy Folbre: Men Are Loosing Jobs Faster Than Women.

QE allows Financial Capitalist to devour BRIC Countries.

Why Government is More Afraid of Debt than Depression

TheRealNews | December 16, 2010 - Michael Hudson: Deficit Hawks Want a One Two Punch Against the Economy.

Lowering Workers' Wages is the Objective

TheRealNews | December 14, 2010 - Leo Panitch: Big Business opposed to government jobs programs, as their objective is to drive wages down through fear and global competition

Money - the basis was questionable & under Obama its ain't a clean system either!

A World Upside Down? Deficit Fantasies in the Great Recession

TheRealNews | December 13, 2010 - Robert Johnson: Austerity and stagnation real risk to debt-to-GDP ratio.