politics for the 99%

Published on Yahoo/Finance, by Andy Serwer, April 29, 2016.

… “After the events of 2008, really since then, the central banks either collectively or individually have tried to implement policies which would, in effect, buy time for individual governments to take the actions they should take to put their houses in order,” Thornton says.

“By and large, the governments have not done that. So I feel as though we’re sitting in 2016 with many of the same problems that we’ve had for the last eight or 10 years, they haven’t been addressed very forcefully, we’re living on borrowed time. And sooner or later, that ends in tears. I’m generally, sort of, uneasy with where things are. And I think by and large, if things don’t make common sense, sooner or later, they come home to roost,” he says.

Thornton made these comments speaking at a reception for his son, J.R. Thornton’s new book “Beautiful Country,” hosted at Yahoo in New York City on April 21 … //

… I was curious as to what Thornton thought U.S. business leaders and political leaders could do to improve relations with China. “Until the United States—and I’m talking here about national leaders particularly, political leaders—until they see and treat the Chinese as peers, until that occurs, the relationship will always be, by definition, imbalanced,” he says. “When the Chinese hear things – expressions like ‘global standards,’ that is code language for American standards wrapped in a global package” … //

… (full text).

Links:

Canada, Ontario: Sarnia Mayor Mike Bradley plans to raise issue with Ontario’s Minister of Community and Social Services next month, on The Observer.ca, by Barbara Simpson, April 29, 2016;

This top scientist offers a solution for the havoc driverless cars may wreck on workers, on Washington Post, by Matt McFarland, April 29, 2016;

Uganda: MPs – We Struck Tax Deal With Museveni, on allAfrica, by Josephine Namuloki, April 29, 2016;

SNB Chair Jordan: Swiss National Bank Rejects Sovereign Wealth Fund, on Economic Calendar, by Tim Clayton, April 29, 2016; Cinq pensées sur la démocratie par Ai Weiwei, dans swiss.info.ch, le 28 avril 2016;

France, Dordogne : en pleine crise laitière, le Gaec Rhéa 66 parie sur l’avenir, dans Aqui.fr, par Par Claude-Hélène Yvard, le 28 avril 2016;

Premier tour de chauffe à la cité des Larris pour la Nuit debout de Fontenay-sous-Bois, dans 94.citoyeens, par C.DUBOIS, le 28 avril 2016;

Canada Québec: François Blais veut couper la prestation de base des personnes assistées sociales Une décision indigne de sa fonction de ministre, dans CNW elbec, le 28 avril 2016;

Suisse: Récupérons la Monnaie Pleine, dans pressenza, par Leopoldo Salmaso, le 28 avril 2016;

UK: Rich people don’t want to be president, they just want to manage money – RUBENSTEIN, on Business Insider UK, by Bob Bryan, April 28, 2016;

Une étude favorable au salaire minimum à 15$, dans métro, par Zacharie Goudreault, le 27 avril;

La bataille des intermittents pose la question de la précarisation croissante du travail, dans Re porterre, par Camille Martin, le 27 avri 2016;

The hot new plan to fix income inequality has one glaring problem, on Yahoo/Finance, by Myles Udland, April 26, 2016.