Tag: Wall Street
The Rigging of the American Market
The national debate about widening inequality only focuses on taxing the rich to redistribute their income downward. But what about the upward redistributions hidden inside the market from the rest of the rich?
Bernie Sanders and Elizabeth Warren Attack Predatory Wall Street Bankers
As Wall Street bankers and fund investors continue making a profit at the expense of Puerto Rico’s failing economy, Senators Warren and Sanders are calling for the Treasury to show more leadership and give the people the relief they need.
Hillary, Bernie, and the Banks
Wall Street bankers are still an enormous threat to millions of Americans and the only way to resolve this is “with reforms so big, bold, and public they can’t be watered down.”
The Stock Market Is Getting Harder to Rig
The U.S. economy is in sad shape. Yet, corporate media tries to explain the recent stock market decline, which erased $2.1 trillion in the market value of stocks and in the pockets of Americans’ retirement savings, so logically.
VIDEO: 'Casino Capitalism: Economist Michael Hudson on What’s Behind the Stock...
While Americans watched stock prices tumble across the globe in Monday’s market turmoil, economist Michael Hudson joins Democracy Now to help make sense of what’s really behind the fluctuations in the market.
Shielding Wall Street from the Ravages of Bigotry
Perhaps Phil Gramm could run a telethon to support ex-executives shamed for their fat retirement packages. Don’t laugh, for Phil really feels the pain of the rich.
Holder Proves You Can Go Home Again
Eric Holder, President Barack Obama’s former attorney general, has returned to his comfort zone—he rejoined the corporate powerhouse of Covington & Burling lawyers, interfering with government once again.
How Goldman Sachs Profited from the Greek Debt Crisis
The recent crisis in Greece offers yet another illustration of Wall Street’s powers of persuasion and predation as Goldman Sachs has profited from Greece’s debt. This is now an issue of morality, don't you think?
Hillary Clinton’s Glass-Steagall
Hillary Clinton won’t propose reinstating a bank break-up law known as the Glass-Steagall Act and this just might be the biggest mistake in her presidential campaign. Is Clinton still too close to Wall Street?
Fed’s Giant Ponzi Scheme
There is more mystery and nuance to the economic story than we are being told by the pundits. Here's the real story about debt, bubbles and a 35-year-long Ponzi Scheme.
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How the rich get richer: Evade taxation, grease trillion-dollar tax breaks, jack interest rates,...
In class and status-conscious, materialistic America (was it ever otherwise?), scoring net worth is easier than figuring out messy election results.
‘No Kings’ movement rises as Trump unleashes military force to silence dissent
As President Trump deploys troops and tanks against protestors in Los Angeles and prepares for a military parade in Washington, over 1,800 rallies across the U.S. vow to resist authoritarianism with peaceful protest.
The 3 questions every democratic candidate should be required to answer
But this requires electing Democrats who understand the gravity of the moment and who are prepared to expend serious political capital to make big changes possible.
Planetary boundary crossed: Ocean acidification now threatens global ecosystems and coastal economies
Scientists warn that ocean acidification passed a critical tipping point years ago, threatening marine biodiversity and putting billions in economic value at risk as world leaders gather for emergency talks in France.
Global outrage after Israel seizes Gaza-bound aid ship in international waters
With activists from 10 countries aboard, including Greta Thunberg and a member of the European Parliament, Israel’s armed interception of the Madleen is being condemned as piracy and a violation of international law.