Funding infrastructure through bonds doubles the price or worse. Costs can be cut in half by funding through the state’s own bank. “The numbers are big. There is sticker shock,” said Jason Peltier, deputy manager of the Westlands Water District, describing Governor Jerry Brown’s plan to build two massive water tunnels through …
IORP II impact studies, people roundup, APG DC platform, Polish reform, Rabobank, Thornburg
Dear Dr Hazel Henderson Today’s top stories European Commission asks ECB, Joint Research Centre to conduct IORP II impact studies EUROPE – Brussels seeks to gauge potential impact on markets, occupational pension funds. …
European Parliament seals ban on ‘sovereign debt speculation’
News European Parliament seals ban on ‘sovereign debt speculation’ 15 Nov 2011 EUROPE – The European Parliament has voted into law a regulation to curb short selling and trading in credit default swaps (CDS). With the vote, naked CDS trading – the purchase of default insurance contracts without owning the …
Why QE2 Failed: The Money All Went Offshore
Why QE2 Failed: The Money All Went Offshore Ellen Brown July 8, 2011 http://WebofDebt.com/articles On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got …
America Needs Deficits
By: Thornton Parker Author, ‘What If Boomers Can’t Retire? How to Build Real Security, Not Phantom Wealth’ The U.S. government is not in financial trouble. It can’t run out of dollars and it can’t go bankrupt. It isn’t building a mountain of debt that will burden future generations. It won’t …
Energy & Capital: Conventional Economic Forecast But With Some Good Insights
The G20’s Wall of Doom: Five Trends for Q4 By Christian A. DeHaemer | Friday, October 22nd, 2010 As I write this, the preliminary meeting for the Group of 20 largest economies is taking place. U.S. Treasury Secretary Tim Geithner wants to force the Chinese to inflate the yuan to …