Month: February 2014

February 10, 2014 0

Wall Street "Populism" Tramples Thailand’s Poor

By News Desk

Wall Street "Populism" Tramples Thailand’s Poor And how to pick them back up…  February 10, 2014 ( ATN ) -The West has praised Thaksin Shinawatra and his "populist" policies for years as an example of very best of modern progressive principles in practice. Cheap loans, free computers, and rice subsidies were hailed as democracy in action by the Western media – and those who questioned the unsustainable, corruption and scandal fraught policies were swiftly condemned as "elitists" who rejected equality. The goal of these policies were never to lift up the poor, but rather install Thaksin Shinawatra into power long enough to uproot Thailand’s indigenous institutions and open the nation up to foreign corporate-financier and geopolitical exploitation

February 8, 2014 0

Bank of America and City Official Fraud Enters the Detroit Bankruptcy Equation; Fair Settlement Reviewed Again

By News Desk

Before answering, let’s take a look at the charges as presented in Democracy Watch: Swaps, COPs & Lingering Questions . In 2005, the city of Detroit faced a monumental dilemma: It desperately needed to borrow more than $1.4 billion to help shore up its two pension systems, but doing so would far exceed the legal limit on the amount of debt it could amass