Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.
Bankruptcy Reform Act
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New G-20 Rules Authorize Global Seizures of Public Deposits and Pensions
Global leaders may not have known what they were endorsing last month – or did they? – when they rubber-stamped a resolution that completely changes the rules of banking.
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Ticket to Insolvency: The Fed's Bizarre New Rules to Asset-Strip Local Government
The latest misguided move by regulators could result in serious collateral damage to cities – maybe serious enough to finally propel them into bankruptcy.
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Armageddon On Wall Street: The Looming Mass Destruction from Derivatives
The shadow banking system is propped up by a hidden government guarantee known as safe harbor status, pushed through by Wall Street, which has created perverse incentives for the financial system to self-destruct.
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The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks
The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011.
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Is Your Money Safe in a "Too Big to Fail" Bank?
The next crisis will likely be due to the staggering derivatives trade: the current exposure in derivatives at "too big to fail" banks exceeds the total world's gross domestic product.