Tag: Wall Street

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?

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.

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 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.

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.

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.

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.

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 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?

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.