By Ann Pettifor. Huffington Post. 20 April, 2009. The Obama administration said no to downsizing and re-structuring the banks. They balked at firing incompetent CEOs. Under attack from Republicans and Wall Street they held back on controlling financial institutions that, post bail-out, are in reality ‘State-Owned Banks’. As a result, the US administration has itself […]
Tuesday, 21st April. Guardian round table: The CBI thinks the worst is over. Gordon Brown says Britain is overcoming the problems of recession. In budget week, we gauge the levels of optimism Ann Pettifor “My rating of green shoots is at zero – if ideologically driven attacks on government spending by all political parties persist.
From The Guardian, Wednesday 22 April 2009 Today we face three of the greatest challenges of our time, global recession, energy security and the threat of catastrophic climate change. The only solution to this triple crunch is a low-carbon recovery. Millions of jobs could be created around the world, global warming emissions slashed and energy
Posted by Maz Kessler 4th April 2009 Watch Ann on the IMF on Al Jazeera’s “People and Power” here.
Huffington Post by Ann Pettifor. 1st April 2009 President Obama and his wife Michele arrived in London on a sunny, but tense ‘financial fools day’. They’re staying just across the road from my apartment – at Winfield House, the Ambassador’s home in Regent’s Park. Built for heiress Barbara Hutton, it ‘oozes English country-house charm as
Protesting wildebeest, flamingo bankers and parents falling-out Read More »
Posted by Ann Pettifor 1st April, 2009 The President and the Prime Minister have been scuppered by a ‘King.’ Last week, the governor of the Bank of England, Mervyn King, an unelected and unaccountable public servant, intervened in the global political process set in train by the G20. By doing so, he scuppered plans laid
Huffington Post blog by Ann Pettifor 29 March, 2009 As I’m sure he expected, President Lula’s “blue-eyed Banker” comment caused an international uproar. But Lula’s point was beautifully illustrated Friday as the CEOs of the major U.S. banks – ‘yesterday’s men’ – emerged from the White House after being “wooed” by the President. The New
by Ann Pettifor This is a short piece that appears in the Guardian today, 27 March 2009. “Next week, at the G20 summit, G8 leaders will work very hard to defend and fortify globalisation – an economic system that has brought about the first flly synchronised global economic failure. Even as they plan the meeting,
Posted by Maz Kessler 24th March, 2009 There’s a short profile of Ann in this month’s Ecologist, which discusses Ann’s contribution to the Green New Deal and her work with the churches on Operation Noah. We’re still waiting for the full article from the Ecologist, but here’s a scan. Also here’s Ann’s recent blog post
Ann in The Ecologist, plus latest on Geithner and Wall St Read More »
Debtonation Readers: This is the full version of my latest blog for Huffington Post:15th March, 2009 Once a-ponzi time, millions worshiped at the feet of the Wizards of Finance. These Wizards preached an economic religion that promised security and an abundance of riches from the ‘Emerald City’ — Wall St. Investors following this religion were
