The US Federal Reserve saved the banks, the banks who created the problems.
Prof Gerry Epstein talks of this, why US Federal Reseve failed to achieve more broadly based fiscal policy responses, which would benefit entire community.
Through QE1, QE2 and QE3 there was less and less support for majority of the community.
Need more examination of Australia's Rudd government's cash payment to all, which appeared generate more equitable recovery effect, while still assisting banks, wealthy, the direct cash was skewed toward those less well of, yet those better off still gained.
Using Minsky Analysis Software [ URL https://sourceforge.net/projects/minsky/ ] developed by Prof Steve Keen IMHO wider effects in economy from policy more easier to examine.
The Minsky economics approach counts actual money flows.
Needed is all nations working together to sort out how such profits need be reasonably shared so as to benefit the various countries and their communities.
So Magistrate Daynor Trigg conducted hearings on December 5 and 6, 2013, then on February 5, 2014 delivered his decision that youth worker Derek Tasker was NOT guilty.
So then Director of Public Prosecutions appealed, with the hearing by Justice Peter Barr on June 23, 2014, with his decision to dismiss the appeal delivered on December 1, 2014.
Q.1 Without further appeals were detailed briefs to the Ministers required ?
Q.2 When were the relevant Ministers briefed on these facts ?
Q.3 When did ABC Four Corners as the media broadcasting become aware of these facts ?
Q.4 Has the ABC Four Corners program presented only selected parts of these facts ?
Q.5 When did other journalists and commentators questioning the relevant Ministers become aware of these facts ?
Guest Post: "American Capitalism" No Longer Serves Society | Zero Hedge
America is being destroyed by problems that are unaddressed. Unbridled greed, short-term in nature, will continue to drive America into the
Dole plan for ice users fraught, says Alice NGO – Alice Springs News
LETTER TO THE EDITOR. Sir – Scott Morrison, the Minister for Social Services, on Channel 7 this morning announced that the Government is con
Rural dwellers employ elaborate setups for internet
Review submissions raise satellite concerns.
Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT | Zero H...
"Greek banks are preparing contingency plans for a possible “bail-in” of depositors amid fears. The plans, which call for a “haircut” of at
Why Greece Is Not Leaving The Eurozone, Despite Its Latest Defiant Move
Greece's announcement Friday that it would postpone the latest 300 million euro repayment it owes the International Monetary Fund until the
Your PHP installation appears to be missing the MySQL extension ...
Your PHP installation appears to be missing the MySQL extension which is required by WordPress.
Sustainable Development and Energy Poverty and Sustainable Development a...
Greetings from the Energy Change Institute at the ustralian National University in Canberra, where Professor Gautama, of Washington Universi
Universities Australia Government Funding Campaign
Universities Australia is running "keep it clever", a campaign, to lobby the government to support public funding of universities. This has
3 easy Linux alternatives for Windows XP refugees who don't want a new P...
Keep your old PC, and keep it safe, with one of these Linux distros. After all, a free, user-friendly OS is better than an old, unsupported