Investment // Current TV

Congresswoman Giffords' aide's great speech

If you ever have a chance to hear Daniel Hernandez give a speech, do it! He’s... more

wendylanders
added this
1 day ago
|
0 comments

Glass-Steagall for Dummies: what it is and why the US needs it now | Scholars and Rogues

Glass-Steagall was a Depression-era, federal regulation (fully repealed under the... more

hoosierdaddy
added this
4 days ago
|
0 comments

Peter Thiel: “Why I gave $2.5 million to Ron Paul”

This clip shows that PayPal cofounder donating millions to Ron Paul. They apparently... more

Radical_Centrist
added this
8 days ago
|
0 comments

Surging IPOs bring echo of tech-bubble era to Wall Street

You know it's funny, the rich seem to have buckets and buckets of cash, yet they are not creating any jobs, they are speculating with that cash. Buying stock may eventually create a few jobs, as the corporation has more capital to invest, but that’s not what their doing with it. Their using tax loopholes to take it out as capital gains, or shifting the income overseas with funny cooked books. This is creating a feedback mechanism in the market, where one investment begets more CEO cash payments, the beget more investment. Wonder why oil is so height? The rich folk have nothing better to do with their money than chase high returns in the commodities market. If you want to spur reinvestment in growth and more jobs, you need to:

1. Increase demand by putting people back to work and protecting safety nets. This will reduce the cost of safety nets programs, and also increase sales tax and income tax that helps pay for those programs.
2. Eliminate loopholes that permit corporate money laundering.
3. Increase personal tax on income being drained out of these corps, so that they leave the money inside.
4. With some of the savings from the above, create a tax discount on the hiring of American workers; especially for repatriated jobs brought back.
5. Take the rest of the savings from 1-4 and reduce the deficit.
6. Start reducing Federal defense spending by 20% each year for three years. Take all of the savings and put it in into U.S. Infrastructure projects for 10 years. After 10 years, start reducing overall expenditure, until the only thing left at the end is defense at 40% of today’s level. The reason to do it this way are because defense does employ a lot of people. This will keep employment up while reducing defense and rebuilding our crumbling infrastructure.

Some additional things to help:
1. Reform the drug industry to bring down costs.
2. Reform the healthcare industry to reduce administrative costs, and move toward a pay for results instead of a pay for procedure culture.
3. Each state should create a state owned bank after the model set in South Dakota. Oregon and California are looking at this, you should support it. It gives the state more control over their finances instead of letting so guy on wall street manage it all. It does not compete with local banks.
4. Break up the big banks into smaller regional or state banks.
5. Bring back the banking regulation we lost in 80's and 90's.

Wm. Kelly BalthropYou know it's funny, the rich seem to have buckets and buckets of cash, yet they... more

Kelly_Balthrop
added this
1 month ago
|
0 comments

The long and short of it is good projects do get funded, but it's not easy

"Well, just as in the case of conventional energy project, good renewable energy... more

Danbethrach
added this
1 month ago
|
0 comments

Despite Europe's economic woes, hunger for renewables project investment remains

How was it that in the worst possible days for the continent’s banks and... more

Danbethrach
added this
2 months ago
|
0 comments

Why I Am NOT Leaving Goldman Sachs - A Touching Response To Greg Smith's NYT Op-Ed Beat Down Of Goldman Sachs

A silver lining emerges at the end of the tunnel for Goldman Sachs after Greg Smith... more

mfb1949
added this
2 months ago
|
0 comments

Against Austerity: Debt

For this new strand on WORLDbytes guest experts with a critical take unpick orthodox... more

worldwrite
added this
2 months ago
|
1 comment

The Federal Reserve Makes Money Disappear

Washington, DC -- Say goodbye to the almighty dollar. In a unanimous decision, the... more

mbalton
added this
3 months ago
|
1 comment

George Soros predicts riots, police state and class war for America

Fortune-teller or engineer of the collapse?

***

Billionaire investor George Soros has a new prediction for America. While it might be as dire as it gets for the financial wiz, this bet concerns more than just the value of the buck. According to Soros, there's about to be an all-out class war.

Soros, 81, previously bet against the British pound in the early 90s and made $1 billion off its collapse. In the years since, he’s remained active in investing, but also in advocacy. He’s helped keep Wikipedia afloat thanks to impressive contributions and through donations to the Tides Center, has indirectly funded Adbusters, the Canadian anti-capitalist magazine that put Occupy Wall Street on the map.

Speaking to Newsweek recently, Soros neglected to acknowledge his past successes, but instead offered a word of warning: a period of “evil” is coming to the western world.

“I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros tells Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”

Soros goes on to compare the current state of the western world with what the Soviet Union was facing as communism crumbled. Although he would think that history would have taught the globe a thing or two about noticing trends, Soros says that, despite past events providing a perfect example of what is to come, the end of an empire seems imminent.

“The collapse of the Soviet system was a pretty extraordinary event, and we are currently experiencing something similar in the developed world, without fully realizing what’s happening,” adds Soros.

Soros goes on to say that as the crisis in the Eurozone only worsens, the American financial system will continue to be hit hard. On the way to a full-blown collapse, he cautions, Americans should expect society to alter accordingly. Riots will hit the streets, says Soros, and as a result, “It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.”Fortune-teller or engineer of the collapse? *** Billionaire investor George... more

maasanova
added this
4 months ago
|
0 comments

'Reverse Bonus Checks' Drain Wall Street Bank Accounts

New York -- The global economic crisis has finally caught up with the Wall Street... more

mbalton
added this
5 months ago
|
3 comments

Alternative Investing 2011 - Cannabis Investment

If you thought cannabis investment was only a teenage pastime, think again. Hemp and... more

Vierotchka
added this
6 months ago
|
0 comments

Senators Get an Update on Changes at the SEC | C-SPAN

two hours of SEC people explaining what they are up to good and bad first hours gives... more

frankpatton
added this
6 months ago
|
0 comments

Bank of God to End the World's Debt Crisis

The Vatican - The prayers of the world’s bankers and investment firms have been... more

mbalton
added this
7 months ago
|
10 comments

An Overview of Film Finance - Baseline Intelligence

Film Finance Attorney, Author, and Lecturer John Cones provides an overview of... more

jamesluk
added this
8 months ago
|
0 comments

Trouble on the Land, September 27, 2011

don't miss this one, massive land grabs on a massive scale

frankpatton
added this
8 months ago
|
0 comments

Theatrical Docs Need Business Plans Too! - Baseline Intelligence

Independent Film Finance Consultant Louise Levison explains the critical differences a... more

jamesluk
added this
8 months ago
|
0 comments

Aware Guide - Bonsai People: The Vision of Muhammad Yunus Premiere

Bonsai People: The Vision of Muhammad Yunus is the first film looking at his work from... more

AwareGuide
added this
8 months ago
|
0 comments

UBS $2 billion loss to trigger investment bank retreat

Swiss bank UBS is expected to shrink its investment bank business -- source of a $2... more

aileenalmeda
added this
9 months ago
|
0 comments

Comparable Films Tables: To Comp or Not to Comp

Specialty Film Researcher Jeremy Juuso advises how to add comparable film information... more

jamesluk
added this
9 months ago
|
0 comments

select your country

Community Spotlight

TAGS

tagged w/ Investment

top videos

find current on tv

find current online

recent comments

© 2012 Current TV, LLC All Rights Reserved

the basics

follow us online

tools

stay in touch

© 2012 Current TV, LLC
All Rights Reserved