From around 2003 the lending was over-extended, and households took out loans that were unlikely to be repaid: the now-familiar story of ‘sub-prime’ and ‘originate-to-distribute’. Significant parts of labour failed to deliver the repayments which formed the income streams of the mortage-backed securities.
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-8/
Corporates, governments, judiciary, police all of them unitedly wage this war against our livelihoods. Hence to win over our rights by fighting this injustice, we do have to unite ourselves under the IT union.
Permanent link to this article: http://new-democrats.com/mayday-messages-from-it-employees-en/
These employees will not only lose their hard earned variable pay component, but also will be marked for retrenchment as part of Cognizant management’s cost reduction/profit maximisation plan.
Permanent link to this article: http://new-democrats.com/cognizant-steals-employees-pay-prepares-to-retrench-000s/
Union of information technology workers in US
Permanent link to this article: http://new-democrats.com/communication-workers-of-america-union/
“Think of all the people you’ve ever called or emailed, and all the people you’re connected with on Facebook and LinkedIn. What are the chances that one of them has committed a serious crime, or will do so in the future?”
Permanent link to this article: http://new-democrats.com/your-smart-phone-can-be-used-to-trap-you/
“You probably wouldn’t layoff your co-worker to increase the value of your stock, would you? Or give yourself a pay raise on making your co-workers take a pay cut!”
Permanent link to this article: http://new-democrats.com/swedish-software-firm-works-without-a-ceo/
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-7/
This brief introduction to modern science and politics demonstrates the dangerous consequences that result whenever the federal government, often allied with big business, distorts or misrepresents scientific evidence to advance a political agenda.
Permanent link to this article: http://new-democrats.com/toxic-mix-a-handbook-of-science-and-politics-book-introduction/
… the owner of the security owns the income stream from the toll roads but without owning the roads themselves. … owns the stream of interest payment on mortages, but does not own the mortages themselves.
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-6/
Demonetization, Farmers Suicide Impact of Trump Presidency and IoT 8 hours work – How CTS conceded Nero’s Guests – Documentary Date : 21st January 2017, Saturday Time : 3 pm to 7 pm
Permanent link to this article: http://new-democrats.com/digitized-agriculture-automated-it-jobs-it-union-meeting/
The market based allocation of resources model started taking more and more bizarre forms and now ends up as an organized gambling by the richest 1% with the lives of billions and the future of our entire planet.
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-4/
the existence of the security means that the payment for electricity by households is not simply an act of consumption, constituting the end of a process of electricity production and distribution.
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-3/
hese products are not entirely internal to the corporate and financial world. The process of securitization draws households into the mix, albeit as providers of income streams for securities rather than as market traders.
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-2/
Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-1/
Wall Street, investment bankers and commercial banks; home foreclosures, evictions, bank bailouts, political manipulations and a lot of historic background on how this come to pass.
Permanent link to this article: http://new-democrats.com/capitalism-a-love-story/