Global Economic War: Suzuki wants out of deal, VW could seek hostile takeover

There’s been a lot of news about a possible break up of the merger between  German VolksWagen and Japanese Suzuki.  Last week Suzuki demanded an end to the deal, but VW officials say there’s no way they’re gonna sell their stake in Suzuki.

Now, Der Spiegel says not only is VW not gonna sell it’s […] Continue Reading…

Global Economic Class War: City of God issues its own money, fights back against U.S. led multi-national corporations

“If we empower the economically marginalized grassroots network and build social capital, poor people will leave poverty.”-Paul Singer, Brazil’s National Secretary of the Solidarity Economy

In the impoverished Brazilian suburb of Rio de Janeiro, known as the City of God, the residents are taking economic measures into their own hands.

On September 15, they opened their […] Continue Reading…

France bans Muslim street prayers, Muslims like it, but there’s no room at the inn

September 16, France banned street prayers by Muslims.  French Muslims are upset because they were not told.  However, French Muslims are happy, ’cause they say they don’t like praying in the streets!

Islam has spread so much in France that there are not enough Mosques to accommodate everyone who shows up for Friday Prayers (I […] Continue Reading…

What Economic Recovery? Germans join International Day of Rage, everyone lets join the Pirate Party!!!

September 18, several thousand of Germans hit the streets of Berlin, protesting the lowering of wages: “Higher wages lead to more purchasing power. This would strengthen the economy. The government’s policies are counterproductive.”-German protestor

Germany is supposed to be doing well economically, but tell that to the average German worker: “My husband was […] Continue Reading…

U.S. investigates Israeli banks, helping wealthy U.S. citizens avoid paying taxes

September 17, the U.S. Department of Justice is investigating Israeli banks, for helping wealthy U.S. citizens avoid paying their fair share in taxes.

At least three of Israel’s largest banks, Bank Hapoalim, Bank Leumi le-Israel BM and Mizrahi-Tefahot, are being investigated.  The have accounts in Switzerland.

It’s estimated that thousands of wealthy U.S. citizens are […] Continue Reading…

What Economic Recovery? New York City Mayor says get ready for riots

September 17, New York City Mayor Michael Bloomberg issued a warning for all the United States: “We have a lot of kids graduating college, can’t find jobs. That’s what happened in Cairo. That’s what happened in Madrid. You don’t want those kinds of riots here.”

Also, “The damage to a generation that can’t find […] Continue Reading…

What Economic Recovery? Good Teachers leaving the United States, competition to get out is increasing, America is replacing them with foreign teachers

“The educational pathway is in decline, and I don’t see anything in the near future that sounds like it’s on a positive upswing.”-Stephanie Olsen, leaving the U.S.

While there’s always plenty of reports about students leaving school without getting a high school diploma, you rarely hear about the fact that thousands of good teachers are […] Continue Reading…

News you didn't know mattered