Tag: Joseph Stiglitz

Russ Winter, The Sub-Zero Hack Nobel Laureates Who Promoted the 2021 American ‘Rescue’ Plan

James Fetzerblog

Russ Winter The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is an $1.9-trillion economic stimulus bill (aka boondoggle) used as the key looting mechanism and distraction magik trick during the scamdemic. Promoted as relief for the common people, in reality it was another corrupt grift run by plutocrats. This, in turn, ended up justifying excessive central bank money printing and helped to accelerate the subsequent excessive inflation Americans are now experiencing. Read “Fed Hack Jerome Powell: A Profile in Corruption and Conflict…

Joseph Stiglitz, Can We Trust CEOs’ Shock Conversion to Corporate Benevolence?

James Fetzerblog

Joseph Stiglitz An apparent move by big business to maximise stakeholder value sounds too good to be true [Editor’s note: As I observed in “Are Corporations Inherently Immoral?” (9 October 2015), the modes of operation that tend to maximize profits include (a) decreasing the cost of natural resources by, for example, (i) exploiting the environment, (ii) converting public land to private use, and (iii) evading the expenses of pollution cleanup or costs of environmental restoration; (b) decreasing the cost of human labor by, for example, (i) paying minimal wages, (ii)…