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.
Sheila Bair
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The Road to Serfdom, Part V
In today's bailout economy, bad bank loans are shifted onto the public balance sheet as wealth is siphoned off to the top of the economic pyramid.
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Elizabeth Warren: Coming to a Post Office Near You – Loans You Can Trust
The U.S. Postal Service is exploring offering basic banking services – bill paying, check cashing, small loans – to its customers and partnering with banks to serve tens of millions of Americans who lack checking or savings accounts.
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Bail-out Is Out, Bail-in Is In: Another Argument for Publicly-Owned Banks
The deposits of U.S. pension funds are well over the insured limit of $250,000. They will get raided just as the pension funds did in Cyprus, and so will the insurance companies. Who else?
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Report Misses How Regulators Conspired with Banks Against Homeowners
The U.S. Government Accountability Office, tasked with carrying out a high level review of the big banks' illegal foreclosure process, has released a report that fails to reach meaningful conclusions.