Fed May Have Aggravated Income Inequality, El-Erian Says / Rich Miller, Bloomberg.com
“The unusual activism of central banks may, at the margin, have worsened further wealth distribution,” said El-Erian, whose company is manager of the world’s largest bond fund. “To the extent that such policy activism succeeds in bolstering asset values, but not the real economy, the rich benefit disproportionately.”
I’m very proud to present my latest film:
Every autumn since 2003 the ancient Greek island of Rhodes hosts a session of the World Public Forum «Dialogue of Civilizations» called the Rhodes Forum that brings together public figures and statesmen, academics, religious figures and representatives of the arts, mass media and business spheres from all over the world. The sessions of the WPF «Dialogue of Civilizations» proved the urgency and efficacy of the Forum by bringing the focus of world public opinion to the problems of intercultural dialogue and the need to work out instruments to make interaction among cultures and civilizations possible. The results achieved by the Forum give a hope for further harmonization of international relations and strengthening of stability in the world.
http://wpfdc.org
http://rhodesforum.org
http://rhodesyouthforum.org
http://www.facebook.com/world.public.forum
http://twitter.com/wpfdc
https://plus.google.com/106755027882395646316/posts
http://www.linkedin.com/groups?about&gid=4236665
Director/Editing: Susan Florries
DOP/Post-production: Volkmar Geiblinger
Post-production: Thomas Rath
Sound editing and mixing: Johannes Paul Heilig
Composer: Chris Angelo
Produced by: Trilight Entertainment – http://trilight.eu
A first draft of demands from people @ OccupyWallStreet here: http://bit.ly/pBs5Ju – more info on the protests here: http://www.adbusters.org/campaigns/occupywallstreet
Twitter tags to follow: #OccupyWallStreet #OccupyWallSt #TakeWallSt #OurWallSt
Twitter accounts to follow: OccupyWallSt / OccupyWallStreetNYC
(there are more cities joining in, to find them do a Twitter search for “Occupy”)
To all you people out there – you have my full support – rock on! It seems like you’re doing so much good with the time, besides of course just the fact that you’re there. But I also love the work shops, culture groups, your general assemblies, the tests and development of direct democracy at meetings, etc. I find you great. Big hugs!
Just read an article in the Guardian where the IMF managing director Christine Lagarde tells Europe to bail out the banks – again. Excuse me? What? So after having bailed out our banks, and them seeing them one year later going on with business as usual, paying out massive bonuses instead of using profits to provide better conditions for the people – we should bail out the banks again?
Well.
spiritual empowerment 