97% Owned - Monetary Reform documentary - Directors Cut

Anger over costs as N Ireland hosts G8 summit SWIFT Code & BIC Code for all Banks in the World Corporate America Recognizes Eroding Middle Class The world of business is admitting what working people have been living: the middle class is dying: In Manhattan, the upscale clothing retailer Barneys will replace the bankrupt discounter Loehmann’s, whose Chelsea store closes in a few weeks. Across the country, Olive Garden and Red Lobster restaurants are struggling, while fine-dining chains like Capital Grille are thriving. And at General Electric, the increase in demand for high-end dishwashers and refrigerators dwarfs sales growth of mass-market models. As politicians and pundits in Washington continue to spar over whether economic inequality is in fact deepening, in corporate America there really is no debate at all. NY Times: The Middle Class Is Steadily Eroding. What this may mean is more and more bubbles, as the wealthy chase higher returns that can not be created by an economy without middle class demand. The income and wealth inequality in our nation is immoral and bad for business. Update I: From bobswern in the comments:

Video – Perry G Mehrling I learned to do video mainly in the series of short interviews I did with INET grantees that I called “Thirty Ways to Be an Economist” (actually forty videos). The rest of the links below are to talks I gave for various seminars and conferences, so they wound up scattered all over the internet. Here they are gathered in one place, and arranged chronologically, so page down to end for the most recent. Fischer Black and the Revolutionary Idea of Finance (Goldman Sachs, New York, October 20, 2005）Fischer Black (Fisher College of Business, Ohio State University, November 9, 2007）Beyond Marx and Keynes (Heyman Center, Columbia University, March 31, 2010.

Britian's G8 summit in troubled land Central Banks/Federal Reserve Robert Reich: How Increasing Numbers of Americans are Saying 'No Deal' to Absurd Inequality Every year I ask my class on “Wealth and Poverty” to play a simple game. I have them split up into pairs, and imagine I’m giving one of them $1,000. They can keep some of the money only on condition they reach a deal with their partner on how it’s to be divided up between them. I explain they’re strangers who will never see one other again, can only make one offer and respond with one acceptance (or decline), and can only communicate by the initial recipient writing on a piece of paper how much he’ll share with the other, who must then either accept (writing “deal” on the paper) or decline (“no deal”). You might think many initial recipients of the imaginary $1,000 would offer $1 or even less, which their partner would gladly accept. After all, even one dollar is better than ending up with nothing at all. But that’s not what happens. A far bigger version of the game is now being played on the national stage. Conservatives say higher taxes on the rich will slow economic growth.

MideG20 Los Cabos da la Bienvenida Este año México encabeza la presidencia de la Séptima Cumbre del grupo de los veinte o G20, cuya reunión se llevará a cabo en nuestro país el próximo mes de Junio en Los Cabos, Baja California. Éste es el foro más importante de cooperación entre países desarrollados y emergentes, donde se abordan los temas más relevantes de la agenda económica y financiera internacional. La Secretaría de Relaciones Exteriores y el Museo Interactivo de Economía, han creado este espacio para que nuestros visitantes cuenten con información y recursos educativos relacionados con el encuentro del G20. Para definir estos temas se realizaron consultas con países miembros y no miembros del G20, así como con las organizaciones internacionales involucradas en el proceso. Te esperamos.