Brady Fremont

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Robin Williams' son and a prison inmate named 'Wall Street' have teamed up to help those 'who might not have been dealt a great hand in life'

Robin Williams publicly struggled with addiction and mental illness, and Zak Williams says his dad had immense empathy for people who "might not have been dealt a great hand in life."<p>That's one of the reasons Zak Williams teaches a weekly financial literacy class at San Quentin.<p>Williams has an MBA …

Crime

What Karl Marx got right about America’s twisted form of democracy

Bernie Sanders & Ted Cruz seem light years apart — but the truth is that choice in politics is mostly an illusion<p>Karl Marx once said, “The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them.”<p>As the …

The world is defenceless against the next financial crisis, warns BIS

Monetary policymakers have run out of room to fight the next crisis with interest rates unable to go lower, the BIS warns<p>The world will be unable to fight the next global financial crash as central banks have used up their ammunition trying to tackle the last crises, the Bank for International …

Economics

Average rate for 30-year mortgage edges up to 4.02%, Freddie Mac says

Mortgage rates are looking stable amid an improving housing market, with<p>Freddie Mac’s latest survey showing that lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.02%, up from 4% a week ago.<p>The results of Freddie Mac's weekly survey, released Thursday, …

Real Estate

Why oil prices are responding positively to bad news

Lately, oil prices have gone up when they should have gone down. Last week, OPEC decided not to cut production and the two major energy agencies released reports that the world over-supply problem is getting worse. Brent oil price increased from $62 to $65. Bad is the new good.<p>The expected bad news …

Oil
Economics

The Alternative To Long-Term Austerity: Less Work, Higher Wages, No Mere Utopian Dream | Global Research - Centre for Research on Globalization

<i>“A spectre is haunting the treasuries and central banks of the West – the spectre of secular stagnation. What if there is no sustainable recovery of</i> …