Browsing the "money" Tag

Why Sharing is a Revolutionary Act, and Our Future

November 5th, 2013 | by Rhonda Winter

Beth Buczynski's new book: Sharing is Good: How to Save Money, Time and Resources through Collaborative Consumption, chronicles the roadmap to our sustainable future. This accessible and well-written volume explains the many ways that sharing our resources can not only help to save money, energy and time, but can also allow us to strengthen our communities and build more meaningful personal relationships with one another

Sen. Gillibrand’s Bill Allows Student Loan Refinancing at Lower Interest Rate

May 22nd, 2013 | by Rhonda Winter

Senator Kirsten Gillibrand has just introduced the Federal Student Loan Refinancing Act, legislation which would allow students to refinance their college debt at a much lower fixed rate of interest. These reforms are especially needed, because in July US student loan rates are set to double to nearly 7%. Strangely, this is also happening at a time when our government continues to allow billionaire Wall Street bankers to borrow money for a small fraction of that cost

Warren Demands Student Loan Interest Must Equal Wall Street Borrowing Rates

May 14th, 2013 | by Rhonda Winter

Senator Elizabeth Warren has introduced her first bill, which allows for college students to borrow money at the same low rate of interest which Wall Street banks enjoy. Why would billionaire bankers be given a much more favorable loan rate than poor, struggling students? That is a very good question that the senior senator from Massachusetts has been asking

San Francisco’s Adobe Books Must Not Die

March 13th, 2013 | by Rhonda Winter

There are only two days left to help save one of the Mission District's most beloved and inspiring institutions, Adobe Books. Only a few more thousand dollars are needed to help keep this vital space from shuttering its doors forever. This shop is a cornerstone of artistic and cultural life in the neighborhood, as well as throughout the entire Bay Area — please don't let it die.

Pelosi Demands $10.10 Minimum Wage Raise Amid Historic Stock Market Profits

March 10th, 2013 | by Rhonda Winter

This week House Minority Leader Nancy Pelosi stated that the historic profits recently made by Wall Street demand that our nation increase the minimum wage to at least $10.10 an hour. The California Democrat explained that these enormous corporate financial gains have not translated into higher wages for most workers, and millions of working families are facing severe hardships as they continue to struggle

Video Shows US Wealth Gap is Now So Huge that it Soars Off Charts

March 3rd, 2013 | by Rhonda Winter

It seems like every month the number of people who are unemployed, or in need of food stamps soars to record new levels, while corporate profits continue to skyrocket. Attempting to describe the gargantuan disparity in wealth that exists in the United States is increasingly difficult. Currently 1% of our population now possess 40% of our nation's wealth, while the bottom 80% of us own just a scant 7%

Top 10 Trends in Sustainable Investing: Local Dollars, Local Sense

November 20th, 2012 | by Rhonda Winter

We are in the middle of an economic revolution toward much more local investing. The collapse of mammoth Wall Street banks, the LIBOR scandal and corrupt corporate malfeasance have given rise to growing support for regional credit unions, cooperatives and time banks, as well as increasing interest in loaning money to small independent neighborhood businesses. Michael Shuman, the director of research and economic development at the Business Alliance for Local Living Economies (BALLE), has written about this expanding money revolution in his recent book, Local Dollars Local Sense

Occupy Inspires Growing Rolling Jubilee Debt Abolishment Movement

November 15th, 2012 | by Rhonda Winter

One of the most inspiring recent developments to arise from Occupy Wall Street is a rapidly expanding movement to bail out regular folks through debt abolishment. This is not debt resistance or student loan forgiveness, but just ordinary people buying and erasing what others owe. The economic activist group, known as Rolling Jubilee, has begun raising money to erase millions in debt for our fellow citizens

Help Fund The Mouse that Roared Film to Promote Transparency & Truth

September 17th, 2012 | by Rhonda Winter

One of Iceland's most prominent citizens is the free speech activist and Icelandic MP, Birgitta Jónsdóttir. The leader is one of the plaintiffs who won a landmark decision which ruled that US indefinite detention provisions are unconstitutional, helped release the horrific Collateral Murder military video footage, and has also been working to free imprisoned whistleblower Bradley Manning. Jónsdóttir is now working to create a documentary film entitled "The Mouse That Roared"

Romney’s Bain Capital was Created with Salvadoran Death Squad Money

August 12th, 2012 | by Rhonda Winter

The Huffington Post just reported that in the early eighties families connected to violent death squads in Latin America gave many millions to help found Mitt Romney's Bain Capital. Democracy Now interviewed the HuffPost's Washington bureau chief, Ryan Grim, about the direct connections between early investors in Bain and the Salvadoran death squads. The journalist explained to Amy Goodman that it was clear the money Romney was seeking to build his company was drenched in the blood of innocents

Vagine Regime: A Documentary Film Where Vaginas Collide

July 31st, 2012 | by Rhonda Winter

Since the turn of the last century, roller derby has rapidly expanded in popularity. The Vagine Regime is a collective comprising queer roller derby players from around the world; the DIY group was founded in 2005, and quickly grew into a supportive, inclusive community of diverse skaters. A new documentary film is now being made about some of these lesbian, bisexual and transgender athletes, and the inspiring project needs a little support to complete production

United States is Now the Most Unequal of All Industrialized Nations

July 28th, 2012 | by Rhonda Winter

Jon Stewart spoke with Nobel Prize-winning economist Joseph Stiglitz about how the extreme concentration of wealth in the hands of a few plutocrats is destroying the very principles upon which our country was founded: "It seems like people are not angry at wealth or success, they get frustrated by what appears to be an entirely different set of rules put in place by the wealthy, who then say: 'Hey man, I'm just playing by the rules', as though those rules were an arbitrary design of the free market."

Global Elites Hide Trillions in Secret Offshore Economy Each Year

July 23rd, 2012 | by Rhonda Winter

A new report has been published which compiles detailed information about the enormous amount of money that is being hidden by billionaires in offshore accounts. The research, The Price of Offshore Revisited, shows that over 21 trillion dollars, more than the total combined GDPs of both the United States and Japan, are being sequestered out of sight into the legally murky offshore economy. The super elite are using every available resource to exploit loopholes in cross-border tax rules to avoid paying their fair share

LIBOR Scandal Exposes Systematic Corruption throughout Banking Industry

July 21st, 2012 | by Rhonda Winter

The most egregious criminal financial fraud of all time is now unfolding before our eyes. A handful of corrupt banks have been intentionally manipulating global interest rates, also known as LIBOR, which stands for London Interbank Offered Rate. When it is not being illegally twisted by bankers for their own monetary gain, LIBOR is meant to gauge the average interest rate that banks charge each other to borrow money. The measure is also used as the basis for nearly all other lending rates, from what we pay for student loans to home mortgages

Back to Top ↑