Fiscal Austerity and “Third World America”

kristyReforming Global Finance

By Simon Johnson My testimony to the Senate Budget Committee on these issues is available here: http://baselinescenario.com/2010/08/05/its-hard-to-take-the-fiscal-hawks-seriously/. There are three main views of the financial crisis and recession of 2008-9. In the first two views, the debate over the fiscal deficit is quite separate from what happened in the crisis. …

Barclays Burma Scandal Shows Need to Tighten Sanctions

kristySRI/ESG News

INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 113/240810 Barclays Burma Scandal Shows Need to Tighten Sanctions Brussels, 24 August 2010 (ITUC OnLine): The announcement that Barclay’s Bank has agreed with the US Department of Justice to pay a $298m fine for breaching sanctions on Burma and other countries shows yet again …

A Global Shift to Renewable Energy

kristyGreen Prosperity

www.earthpolicy.org/index.php?/book_bytes/2010/pb4ch05_ss1 By Lester R. Brown Earth Policy Release Book Byte August 24, 2010 As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging. The old energy economy, fueled by oil, coal, …