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Posts Tagged ‘undermines’

Nobel Prize-Winning Economist: Federal Reserve System is Corrupt and Undermines Democracy

Joseph Stiglitz – former head economist at the World Bank and a nobel-prize winner – said yesterday that the very structure of the Federal Reserve system is so fraught with conflicts that it is “corrupt” and undermines democracy.Stiglitz said:If we [i….

Recount undermines Afghan election

The presidential election that the West hoped would usher Afghanistan into a new democratic era has been thrown into doubt after a recount was ordered. The latest results from Afghan Independent Election Commission (IEC) put current leader Hamid Karzai on course for a first round victory.