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Activism Justice Politics Taxation Washington State Politics

Why the 1% wins in Washington State

Posted on Author admin

Republicans, “moderate” Dems, and their corporate allies manufactured a budget crisis by handing out tax giveaways to the rich, by wasting trillions of dollars on unnecessary wars, by widespread corruption, and by recklessly deregulating and bailing out Wall Street, Big Oil, and other corporations. Washington State, which has one of the most regressive tax systems […]
Activism Economic Justice Politics Taxation

Tax Evaders, Pay Up Now!

Posted on Author BillMoyer

[Editor: the above video seems to be viewable only from chrome.] Light Actions targets corporate tax dodgers who aren’t paying their fair share. We’re Not Broke! It’s when greedy corporations don’t pay taxes that we get austerity for the masses. In 2010 Boeing paid no U.S. taxes on over $4 billion of income, in fact, […]
Banks Economic Justice Public Bank Rocky Anderson

Public Banking Conference Call – April 6, 2013 – RSVP NOW!

Posted on Author Linda Boyd

Ellen Brown, author of Web of Debt, is the inspiration and thought leader behind the Public Banking Institute, where she serves as Chairman and President. Ellen will discuss the benefits of public banking, the disadvantages of the current banking system and what we can do to take control of our banking system so it works […]

One Reply to “How to fix the debt”

  1. In How the Fed Could Fix the Economy… and Why It Hasn’t , Ellen Brown explains how “reversing recession has taken a backseat to resuscitating zombie banks, maintaining the feudal dominion of a private financial oligarchy:”

    Quantitative easing as practiced today is not designed to serve the real economy. It is designed to serve bankers who create money as debt and rent it out for a fee. The money power needs to be restored to the people and the government, but we need an executive and legislature willing to stand up to the banks. A popular movement could give them the backbone. In the meantime, states could set up their own banks, which could leverage the state’s massive capital and revenue base into credit for the local economy.

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