Sunday, September 22, 2019

Tag: banks

States can break up big banks. Here’s how.

Big banks are unpopular in both red and blue states; breaking them up could attract support across party lines and prove a winning electoral strategy.

Wall Street, banks, and angry citizens

The inequality gap on a planet growing more extreme.

Bernie Sanders introduces legislation that would break up ‘too big to...

"If these banks were too big to fail 10 years ago, what would happen if any of them were to fail today?"

Breaking with Wall Street: LA puts it to the voters

The numbers are there to support the case for a city-owned bank, but a critical ingredient in effecting revolutionary change is finding the political will.

The aftershocks of the economic collapse are still being felt

“…the political fallout of the global financial crisis is only just getting started. The real confrontation, it seems, is yet to come.”

Central banks have gone rogue, putting us all at risk

Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could.

To stop the next financial crisis, we need public ownership of...

Public ownership of banks is not as crazy as it may sound. It has been the default political response to financial crises around the world for decades.

Was Goldman’s CEO ‘inspiring’ or good for the Economy? Nope, and...

Lloyd Blankfein and his peers are strangling genuine growth, turning a productive economy into a financialized one, and driving up already-unsustainable levels of inequality.

Geithner’s grift, paydays and Democratic drift

Unfortunately, too many Democratic operatives would still rather be like Tim Geithner, even if their party – and the country – pays for it in the end.

POPULAR

NYPD officer who guarded El Chapo’s wife arrested for selling cocaine

Under investigation after providing security for the wife of Joaquín “El Chapo” Guzmán while off-duty, NYPD Officer Ishmael Bailey was charged Wednesday...

‘Total massacre’ as U.S. drone strike kills 30 farmers in Afghanistan

Amnesty International said the bombing "suggests a shocking disregard for civilian life."

Is Norway better off with socialism that the U.S. is with capitalism?

You might want to examine the poster below.  It mixes economic with social results. Naturally, it is somewhat picky.  For example,...

Will Americans let Trump start World War III for Saudi Arabia and Israel?

On Saturday, September 14th, two oil refineries and other oil infrastructure in Saudi Arabia were hit and set ablaze by 18 drones...

Open letter to congress: Why the Hong Kong human rights and democracy act of...

Note: Congress is currently considering the Hong Kong Human Rights and Democracy Act of 2019.  If this bill becomes law it will...