S Revolution! the Battleplan Against the NWO! by Thomas Eidsaa Last Edited 13.04.2020 a Compilation of Articles, Read Alongside Internet
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Forex Medium-Term Outlook(Jan, 2019)
Forex Medium-Term Outlook 26 December 2018 Mizuho Bank, Ltd. Forex Department 【Contents】 Overview of Outlook ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・P. 2 USD/JPY Outlook –Time for a Change in the Premise 2019 – Vital Points for Global Economy; The Year in Which the True Price of Rate Hikes Emerges ・・・・ ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ ・ P. 3 2019 – Vital Points for Forex Rates; Time for a Change in the Premise・・・・・・・・・・・P. 5 U.S. Monetary Policies Now and Going Forward – The First Step into a New Phase・・・・・P. 6 Overview of Tail Risks – Potentials for the Unexpected in Japan, the United States, and Europe・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ P. 1 0 EUR Outlook – ‒ “Increasing Caution” and “Continuing Confidence” ECB Monetary Policies Now and Going Forward – APP Termination and Outlook Regarding Reinvestment・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・P. 1 4 Uncertain future Reflected in French “Yellow Vests” Riots – Issues the EU Should Worry About・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・P. 1 5 Ongoing Shift to a “Post-Merkel” Germany and EU – The EUR 3.0 Era・・・・・・・・・・P. 1 7 Medium-Term Forex Outlook 1 Mizuho Bank Ltd. Overview of Outlook USD/JPY clearly fell in December. In line with the concerns I have consistently expressed in this report, the prices of risky assets have been forced to undergo a correction in response to the increase in U.S. interest rates. The Fed had until recently remained indifferent to this asset price volatility, but it may finally no longer be able to ignore the fluctuations. This is evidenced by the fact that Committee members were forced in December to downgrade their dot plot projections for the entire forecasting period. Market predictions, however, are even more pessimistic than those suggested by the revised dot plot, with some even predicting the end of rate hikes altogether. -
Labour and the Struggle for Socialism
Labour and the Struggle for Socialism An ON THE BRINK Publication WIN Publications Summer 2020 On the Brink Editor: Roger Silverman, [email protected] Published by Workers International Network (WIN), contact: [email protected] Front cover photo: Phil Maxwell Labour and the Struggle for Socialism By Roger Silverman From THE RED FLAG (still the Labour Party’s official anthem) The people’s flag is deepest red, It shrouded oft our martyred dead, And ere their limbs grew stiff and cold, Their hearts’ blood dyed its every fold. CHORUS: Then raise the scarlet standard high. Beneath its shade we’ll live and die, Though cowards flinch and traitors sneer, We’ll keep the red flag flying here. With heads uncovered swear we all To bear it onward till we fall. Come dungeons dark or gallows grim, This song shall be our parting hymn. A Turning Point The recently leaked report of the antics of a clique of unaccountable bureaucrats ensconced in Labour headquarters has sent shock waves throughout the movement. Shock – but little surprise, because these creatures had always been in effect “hiding in plain sight”: ostensibly running the party machine, but actually hardly bothering to conceal their sabotage. All that was new was the revelation of the depths of their venom; their treachery; their racist bigotry; the vulgarity with which they bragged about their disloyalty; their contempt for the aspirations of the hundreds of thousands who had surged into the party behind its most popular leader ever, Jeremy Corbyn. They had betrayed the party that employed them and wilfully sabotaged the election prospects of a Labour government. -
A History of Usury and Debt
Beggar Thy Neighbor A History of Usury and Debt By Charles R. Geisst When he finally returned to Rome, he did found in almost all societies since antiq- so a wealthy man. uity. Charging interest on loans is the Seven years before the assassination The problem caused Cicero to coin a oldest financial practice. It has also been of Julius Caesar, an acrimonious dispute name for the practice which became a decried almost from the beginning as broke out between Marcus Tullius Cicero, cornerstone of Roman law. The story was predatory, with the lender seeking to take at the time the provincial governor of told innumerable times over the next 1,800 advantage of the borrower. Whether loans Cilicia, and Marcus Junius Brutus, a young years. The Roman historians dutifully were made in cash or in kind, unscrupu- provincial Roman administrator. The elder recorded it, and Adam Smith alluded to lous lenders were said to be practicing a statesman chided the younger man for it in the Wealth of Nations. According to beggar-thy-neighbor policy by ensuring using his administrative post in Cyprus to Roman law, simple interest was permit- that the borrowers were disadvantaged to earn ill-gotten gains at the expense of the ted, but compound interest was anathema. the point of losing their collateral, or in local people. Cicero received reports that Compounding had been used in many extreme cases even losing their freedom Brutus had been lending money in Cyprus ancient civilizations, but the Romans even- or families. Charging simple interest was at four times the maximum rate stipulated tually made it illegal. -
Swivel-Eyed Loons Had Found Their Cheerleader at Last: Like Nobody Else, Boris Could Put a Jolly Gloss on Their Ugly Tale of Brexit As Cultural Class- War
DOWNLOAD CSS Notes, Books, MCQs, Magazines www.thecsspoint.com Download CSS Notes Download CSS Books Download CSS Magazines Download CSS MCQs Download CSS Past Papers The CSS Point, Pakistan’s The Best Online FREE Web source for All CSS Aspirants. Email: [email protected] BUY CSS / PMS / NTS & GENERAL KNOWLEDGE BOOKS ONLINE CASH ON DELIVERY ALL OVER PAKISTAN Visit Now: WWW.CSSBOOKS.NET For Oder & Inquiry Call/SMS/WhatsApp 0333 6042057 – 0726 540141 FPSC Model Papers 50th Edition (Latest & Updated) By Imtiaz Shahid Advanced Publishers For Order Call/WhatsApp 03336042057 - 0726540141 CSS Solved Compulsory MCQs From 2000 to 2020 Latest & Updated Order Now Call/SMS 03336042057 - 0726540141 Politics Among Nations: The Struggle for Power & Peace By Hans Morgenthau FURTHER PRAISE FOR JAMES HAWES ‘Engaging… I suspect I shall remember it for a lifetime’ The Oldie on The Shortest History of Germany ‘Here is Germany as you’ve never known it: a bold thesis; an authoritative sweep and an exhilarating read. Agree or disagree, this is a must for anyone interested in how Germany has come to be the way it is today.’ Professor Karen Leeder, University of Oxford ‘The Shortest History of Germany, a new, must-read book by the writer James Hawes, [recounts] how the so-called limes separating Roman Germany from non-Roman Germany has remained a formative distinction throughout the post-ancient history of the German people.’ Economist.com ‘A daring attempt to remedy the ignorance of the centuries in little over 200 pages... not just an entertaining canter -
Yellow Vests, Carbon Tax Aversion, and Biased Beliefs
YELLOW VESTS,CARBON TAX AVERSION, AND BIASED BELIEFS* Thomas Douenne and Adrien Fabre† Abstract This paper seeks to understand how beliefs endogenously form and determine attitudes towards policies. Using a new survey and National households’ survey data, we investigate the case of car- bon taxation in France in the context of the Yellow Vests movement that started against it. We find that French people would largely reject a Tax & Dividend policy, i.e. a carbon tax whose revenues are redistributed uniformly to all households. However, they also overestimate the negative impact of the scheme on their purchasing power, wrongly think it is regressive, and do not perceive it as environmentally effective. Using information about the scheme as instrument to identify robust causal effects, our econometric analysis shows that correcting these three biases would suffice to generate majority approval. Yet, we find that people’s beliefs are persistent and their revisions biased towards pessimism so that only a small minority can be convinced. Indeed, if overly pes- simistic beliefs cause tax rejection, they also result from it through motivated reasoning, which manifests what we define as “tax aversion”. JEL classification: D72; D91; H23; H31; Q58 Keywords: Climate Policy; Carbon tax; Bias; Beliefs; Preferences; Tax aversion *Acknowledgments: We are grateful to Mouez Fodha, Fanny Henriet and Katheline Schubert for their comments and their help to get funding. We also thank Béatrice Boulu-Reshef, Stefano Carattini, Nicolas Jacquemet, Mathias Lé, Linus Mattauch, Joseph Stiglitz, Thierry Verdier, seminar participants at the Paris School of Economics and an anonymous referee of the FAERE Working Paper series. -
Macron, the Yellow Vests and the National Debate. Playing for Time, Not Solving the Political Legitimacy Crisis
NO. 17 MARCH 2019 Introduction Macron, the Yellow Vests and the National Debate Playing for Time, Not Solving the Political Legitimacy Crisis Ronja Kempin and Paweł Tokarski France’s yellow vests (gilets jaunes) are heterogeneous, make contradictory demands, and refuse to give up. Since November 2018 they have been demonstrating for more purchasing power and greater democracy. Having made financial concessions, Presi- dent Emmanuel Macron is now playing for time. He has initiated a “grand national debate”, in which all citizens were called on to voice their opinions concerning future political issues. This debate is likely to help him win the European Parliament (EP) elections in May and facilitate splintering the yellow vests. To avert further protests that could paralyse the country, delegitimise his government and ensure that his presidency fails, Macron needs to improve the way he communicates his reform agenda. Merely playing for time will not make France reformable and governable for this president, any more than it did for his predecessors. The protests never end. Since 17 November are held by the rural lower-middle class, 2018, people wearing high-visibility yel- including craftsmen and women and shop- low vests have been taking to the streets keepers. They can barely earn a living from of France on Saturdays. The protests by their work and are afraid of sliding into the yellow vests, organised nationwide, were poverty. Politically, according the yellow initially directed against the higher tax on vests, they have no voice. They reject the fossil fuels planned by President Macron. support of the trade unions and parties of They quickly evolved into a list of 42 the political left, which previously chan- demands. -
Yellow Vests, Pessimistic Beliefs, and Carbon Tax Aversion
YELLOW VESTS,PESSIMISTIC BELIEFS, AND CARBON TAX AVERSION* Thomas Douenne and Adrien Fabre† Link to most recent version Abstract Using a representative survey, we find that after the Yellow Vests movement, French people would largely reject a Tax & Dividend policy, i.e. a carbon tax whose revenues are redistributed uni- formly to each adult. However, they overestimate their net monetary loss, wrongly think the policy is regressive, and do not perceive it as environmentally effective. We show that changing people’s beliefs about the tax incidence and effectiveness can largely increase support. Yet, beliefs change little following our informational treatments. Indeed, if overly pessimistic beliefs cause tax rejec- tion, they also result from it through motivated reasoning, which manifests what we define as “tax aversion”. JEL classification: D72; D91; H23; H31; Q58 Keywords: Climate Policy; Carbon tax; Beliefs; Preferences; Tax aversion *Acknowledgments: We are grateful to Mouez Fodha, Fanny Henriet and Katheline Schubert for their comments and their help to get funding. We also thank Stefano Carattini, Linus Mattauch, Joseph Stiglitz, Thierry Verdier, as well as seminar participants at the Paris School of Economics, Columbia University, University of Pennsylvenia, University of Amsterdam, University of Quebec at Montréal, KU Leuven, Erasmus University Rotterdam, Environmental Defense Fund, EIEE-CMCC (Milan), OECD, OFCE, and conference participants at FSR Climate Annual Conference (Florence), ADRES (Lyon), FAERE (Rennes). We are thankful to Christina Hobbs for the proof- reading. We are grateful to anonymous referees for their insightful comments and suggestions. We acknowledge financial support from the Cepremap, EUR PGSE (ANR-17-EURE-0001) ANR (ANR16-CE03-0011), and Université Paris 1 Panthéon-Sorbonne economics doctoral school (ED 465). -
Moosejaw Market Expansion Into France
Bowling Green State University ScholarWorks@BGSU Honors Projects Honors College Spring 5-17-2019 Moosejaw Market Expansion into France Rachel Renou [email protected] Follow this and additional works at: https://scholarworks.bgsu.edu/honorsprojects Part of the Business Administration, Management, and Operations Commons, E-Commerce Commons, International Business Commons, and the Marketing Commons Repository Citation Renou, Rachel, "Moosejaw Market Expansion into France" (2019). Honors Projects. 439. https://scholarworks.bgsu.edu/honorsprojects/439 This work is brought to you for free and open access by the Honors College at ScholarWorks@BGSU. It has been accepted for inclusion in Honors Projects by an authorized administrator of ScholarWorks@BGSU. 1 Moosejaw Market Expansion into France Rachel Renou Honors Project Submitted to the Honors College at Bowling Green State University in partial fulfillment of the requirements for graduation with UNIVERSITY HONORS DATE Dr. Zhang Management Department; College of Business, Advisor Dr. Gremler Marketing Department; College of Business, Advisor 2 Table of Contents Executive Summary…………………………………………………………………………….....3 Introduction………………………………………………………………………………………..4 Background……………….…………………………………………………………………….....5 Country Analysis………………………………………………………………………...…….….8 Political Environment……………………………………………..………………..…..…8 Social/Cultural Environment………………………………………………………….....11 Industry/Business Analysis…………………………………………………………………..….16 Five Forces Analysis……………………………………………………………………….....….22 SWOT Analysis……………………………………………………………………………….....27 -
Usury: Utilitarian Or Useless?
Florida State University Law Review Volume 3 Issue 2 Article 1 Spring 1975 Usury: Utilitarian or Useless? Jarret C. Oeltjen Florida State University College of Law Follow this and additional works at: https://ir.law.fsu.edu/lr Part of the Law Commons Recommended Citation Jarret C. Oeltjen, Usury: Utilitarian or Useless?, 3 Fla. St. U. L. Rev. 167 (1975) . https://ir.law.fsu.edu/lr/vol3/iss2/1 This Article is brought to you for free and open access by Scholarship Repository. It has been accepted for inclusion in Florida State University Law Review by an authorized editor of Scholarship Repository. For more information, please contact [email protected]. FLORIDA STATE UNIVERSITY LAW REVIEW VOLUME 3 SPRING 1975 NUMBER 2 USURY: UTILITARIAN OR USELESS? JARRET C. OELTJEN TABLE OF CONTENTS I. INTRODUCTION ...... ............... 169 II. HISTORY ................ 171 A. General History ..... ............. 171 B. Sales Credit and Credit Cards ... ........ 180 C. Recent Developments ... ........... 182 III. METHODS USED To AVoID USURY LAWS ...... 184 A. The Corporate Exception ... .......... 184 B. The Time Price Doctrine ......... 186 C. Option To Repurchase, Sale-leaseback, and "Wrap-around" Mortgage .. ......... 187 D. Discounting Negotiable Paper ... ........ 188 E. The Wage Purchase .... ............ 189 F. The CollateralAdvantage Doctrine . ....... .190 G. Choice of Laws ... ........... 193 H. Profit Sharing ..... .............. 193 I. Additional Fees Charged by Lenders . ...... 194 J. ComputationalDifferences ... .......... 195 IV. FINANCE CHARGES ...... .............. 196 A. Composition ..... .............. 196 B. The Charge ..... .............. 198 V. SURVEY OF STATUTORY USURY LAW IN FLORIDA .... 201 A. General Usury-Chapter 687 .. ........ 201 B. Consumer Finance Act-Chapter 516 ....... .201 C. Industrial Savings Banks (Morris Plan Banks)-Chapter 656 ... ........... 202 D. -
THE EFFECTS of USURY LAWS: EVIDENCE from the ONLINE LOAN MARKET Oren Rigbi*
THE EFFECTS OF USURY LAWS: EVIDENCE FROM THE ONLINE LOAN MARKET Oren Rigbi* Abstract—Usury laws cap the interest rates that lenders can charge. Using improved significantly over time.4 More recent empirical data from Prosper.com, an online lending marketplace, I investigate the effects of these laws. The key to my empirical strategy is that there was studies have focused on the effects of access to credit at initially substantial variability in states’ interest rate caps, ranging from very high interest rates, also known as payday loans. The 6% to 36%. A behind-the-scenes change in loan origination, however, sud- main findings of this work are that obtaining credit at high denly increased the cap to 36%. The main findings of the study are that higher interest rate caps increase the probability that a loan will be funded, rates does not alleviate economic hardship but rather has especially if the borrower was previously just “outside the money.” I do not adverse effects on loan repayments, the ability to pay for other find, however, changes in loan amounts and default probability. The interest services, and job performance (Melzer, 2011; Skiba & Tobac- rate paid rises slightly, probably because online lending is substantially, yet imperfectly, integrated with the general credit market. man, 2009; Carrell & Zinman, 2008). A recent contribution to the debate is that of Benmelech and Moskowitz (2010), who demonstrate that imposing interest rate restrictions hurts, I. Introduction rather than helps, the financially weak. EGISLATED caps on interest rates, known as usury This paper contributes to the debate by exploiting an exoge- L laws, one of the oldest forms of market regulation, nous increase in the interest rate cap that has affected some have inspired considerable debate throughout their history.1 online borrowers. -
Communities of Resistance Unite! a Radical History of the Edinburgh Unemployed Workers Centre
Communities of Resistance Unite! A Radical History of the Edinburgh Unemployed Workers Centre Demonstration against the termination of the lease and the eviction threat in 19941. This paper looks into the history of the Edinburgh Unemployed Workers Centre (EUWC) and the struggles of anti-authoritarian revolutionary groups in Edinburgh during the 1980s and early 1990s2. Grassroots and direct action oriented groups started to organise together in the early 1980s against the various attacks on the 1 Scottish Radical Library, Drawer: ACE/ECAP/Edinburgh Claimants, Folder: cling film with several photos [hereafter SRL, D: label, F: label (further description)], Photo by Norman Watkins, 1994. 2 You can contact the author through [email protected] . 1 working class. They were often based in the EUWC and developed highly sophisticated forms of community resistance which culminated in their crucial role in the Poll Tax rebellion. This paper reveals forms of bottom up revolutionary organising to add important parts to the local radical history of Edinburgh. It furthermore developed as a contribution to current debates on how the radical left can organise collectively against capital, state and any form of oppression today. The references made in text aim to collect some of the most inspiring sources on the topic. As traces they invite for further research. Cover picture from the 2015 booklet "Up Against the State: The Battle for Broughton St Unemployed Workers Centre"3. The booklet was produced by the Autonomous Centre of Edinburgh (ACE) and tells the story of the centre. The first section gives a small introduction into the political climate of the time and looks not only at Thatcher's roll back of socialism but also at reactionary politics of the Labour party. -
Tax Preparers Peddle High Priced Tax Refund Loans
TAX PREPARERS PEDDLE HIGH PRICED TAX REFUND LOANS: MILLIONS SKIMMED FROM THE WORKING POOR AND THE U.S. TREASURY Consumer Federation of America (CFA) and the National Consumer Law Center (NCLC) January 31, 2002 1 REFUND ANTICIPATION LOAN REPORT Tax Preparers Peddle High Cost Tax Refund Loans Millions Skimmed from the Working Poor and the U.S. Treasury Consumer Federation of America (CFA) and the National Consumer Law Center (NCLC) January 31, 2002 By Chi Chi Wu, Staff Attorney, National Consumer Law Center Jean Ann Fox, Director of Consumer Protection, Consumer Federation of America and Elizabeth Renuart, Staff Attorney, National Consumer Law Center The Center for Law & Human Services and Michael O’Connor provided guidance and technical assistance in the preparation of this report. Carolyn Carter, of counsel to NCLC, provided editorial assistance. Consumer Federation of America is a non-profit association of over 285 groups, with a combined membership of over 50 million people. CFA was founded in 1968 to advance consumers’ interests through advocacy and education. The National Consumer Law Center is a non-profit organization specializing in consumer issues on behalf of low-income people. NCLC works with thousands of legal services, government and private attorneys, as well as community groups and organizations, who represent low-income and elderly individuals on consumer issues. Consumer Federation of America National Consumer Law Center 1424 16th St NW Suite 604 77 Summer St. 10th Floor Washington, DC 20036 Boston, MA 02110 Phone: 202-387-6121 Phone: 617-542-8010 (http://www.consumerfed.org (http://www.nclc.org Copies of this report are available by mail for $30 each paid in advance from either organization (checks only) or available for downloading at either group’s website.