Thursday, March 28, 2024

Ten Ideas to Save the Economy #4: Bust Up Wall Street

Wall Street is back to many of its old tricks. But the bigger they get, the more likely it is that the government will bail them out if they get into trouble again. So what needs to be done to tame Wall Street?

Writing History Before It Happens

With an emphasis on the U.S. national security state and its follies, Tom Engelhardt explores nine repeat headlines, each a "surefire" news story guaranteed to appear sometime in the U.S. news stream between June 2015 and the unknown future.

A Middle-Class Tax Revolt? You Bet!!!

Welfare in the U.S. flows vertically in two directions from a single source—the middle-class. The redistribution of wealth that flows up to the rich is far greater and more concentrated than the wealth that flows down to the poor. This is a major problem.

The Revolt of Small Business Republicans

While small business owners have contributed to the same Republican candidates and committees favored by big business, they are finally waking up to the fact they’re being screwed by big businesses. Is a revolt in their future?

The Pathology of the Rich White Family

"There is no decadence like the decadence of rich white people." Rich white families have the license and the power to amass unimaginable wealth at our expense and it permits the rich to inflict poverty on growing circles of the population.

The Plundering of a Nation by a Beloved Company

Does the "tax-avoiding, research-appropriating, cost-escalating, wage-minimizing, self-enriching Apple Corporation" really have a very strong moral compass? It's time consumers know the truth about the company's theft from taxpayers and the exploitation of workers and customers.

If ‘Too-Big-to-Fail’’ Means Too-Big-To-Jail’ It Should Mean ‘Too-Big-to-Be’

If the government really believes that banks like JP Morgan Chase, Goldman Sachs, Morgan Stanley, Citibank and Wells Fargo are “too big to fail” because prosecuting their chief executives could lead to a new financial crisis, then those institutions are simply too big to allow to exist.

Obama: There Will Be No Mideast NATO, but the U.S. Is Committed to the...

In his speech after the summit, Obama asserted that his Arab guests were reassured about his Iran negotiations, and he reaffirmed US commitment to their security. He also chastised Iran for “meddling” in the region.

KPFT Houston, 45 Years After Domestic Terrorist Bombings, Plays On

The Pacifica network wasn't one to shy away from controversy. And now, 45 years after the station bombings, KPFT continues to broadcast in Houston serving "the public as a beacon of alternative perspectives and a hub of local news and culture."

The Pain of Modern Life

Suicide is the third highest cause of death in the world. The pressure of life, causing extreme emotional distress, is the common denominator. Has suicide become a worldwide epidemic?