Cyprus is finalizing capital control measures to prevent a run on the
banks by depositors anxious about their savings after the country
agreed to a painful rescue package with international lenders.
Cypriots have taken to the streets of Nicosia in their thousands to
protest against a bailout deal they fear will push their country into an
economic slump and cost many their jobs.
European leaders said the deal averted a chaotic national bankruptcy that might have forced Cyprus out of the euro.
With banks due to reopen Thursday, Finance Minister Michael Sarris
said he expected the control measures to be ready by noon on Wednesday:
"I think they will be within the realms of reason," he said, without
going into details.
Thursday, March 28, 2013
USA Land Of The Free?: A Nation of Inmates? 5% of the World's Population Yet 25% of its Prison Population
There are more prisoners in the US than any other nation in the world!
The country makes up five percent of the world’s population, but accounts for 25 percent of its prison population. And over the last three decades the number held in US federal prisons has jumped by nearly 80 percent.
The number of inmates in US federal prisons has increased from about 25,000 in 1980 to 219,000 in 2012, according to a report by the US Congressional Research Service.
The country makes up five percent of the world’s population, but accounts for 25 percent of its prison population. And over the last three decades the number held in US federal prisons has jumped by nearly 80 percent.
The number of inmates in US federal prisons has increased from about 25,000 in 1980 to 219,000 in 2012, according to a report by the US Congressional Research Service.
Quote De Jour
"This focus on money and power may do wonders in the
marketplace, but it creates a tremendous crisis in our society. People
who have spent all day learning how to sell themselves and to manipulate
others are in no position to form lasting friendships or intimate
relationships... Many Americans hunger for a different kind of society
-- one based on principles of caring, ethical and spiritual sensitivity,
and communal solidarity. Their need for meaning is just as intense as
their need for economic security." - Michael Lerner, editor of Tikkun
magazine
Tuesday, March 26, 2013
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