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Keyword: paulbfarrell

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  • Tax the Super Rich now or face a revolution

    03/29/2011 8:57:23 PM PDT · by Christus_Rex · 1,264 replies
    Market Watch ^ | March 29, 2011 | Paul B. Farrell
    Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2. We know the Super Rich don’t care. Not about you. Nor the American public. They can’t see. Can’t hear. Stay trapped in their Forbes-400 bubble. An echo chamber that isolates them. They see the public as faceless workers, customers, taxpayers. See GOP power on the ascent. Reaganomics is back. Unions on the run. Clueless masses are easily manipulated. Even Obama is secretly working with the GOP, will never touch his Super Rich donors. Yes,...
  • Opinion: Capitalism is killing America’s morals, our future

    05/26/2015 7:48:22 AM PDT · by Oldeconomybuyer · 45 replies
    Market Watch ^ | May 26, 2015 | By Paul B. Farrell
    Yes, capitalism is working ... for the Forbes Global Billionaires whose ranks swelled from 322 in 2000 to 1,826 in 2015. Billionaires control the vast majority of the world’s wealth, 67 billionaires already own half the world’s assets; by 2100 we’ll have 11 trillionaires, while American worker income has stagnated for a generation. But for the vast majority of the world, capitalism is a failure. Over a billion live on less than two dollars a day. In his “Capital in the Twenty-First Century,” economist Thomas Piketty warns the inequality gap is toxic, dangerous. As global population explodes from 7 billion...
  • Countdown to the stock-market Crash of 2016 is ticking louder

    05/11/2015 3:38:46 AM PDT · by expat_panama · 39 replies
    marketwatch ^ | May 10, 2015 | Paul B. Farrell
    Historic slowdown looms as GOP fiscal policy lets economy choke Warning bells just keep getting louder and louder as the countdown to the Crash of 2016 keeps ticking. Wall Street’s in denial, but the Washington Post warns: “U.S. economic growth slows to 0.2 percent, grinding nearly to a halt.” USA Today hears “Bubble Talk” at the Vegas “Davos for Geeks.” Earlier the Wall Street Journal warned, “declining population could reduce global economic growth by 40%.” Then recently the “slow-growth Fed” was blamed. Wrong, former Fed chief Ben Bernanke counterattacked: “I’m waiting for the Journal to argue for a well-structured program...