The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
bank bailouts
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The Road to Serfdom: How Austerity and Bail-ins Will Pummel the 99%
The 2008 financial crisis left political and economic elites with two major problems: how to pay for the bank bailouts in the short term and how to prepare for the next financial collapse.
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Russian Roulette: Will Taxpayers Be on the Hook for Trillions in Oil Derivatives?
The sudden dramatic collapse in the price of oil may result in vast derivative losses – and the FDIC could be liable following the recent repeal of key portions of the Dodd-Frank Act.
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Seattle City Council is Considering Another Groundbreaking Idea: A Public Bank
This city's government knows that the antecedents of democracy are material – the ability to provide services, the ability to absorb the impact of economic shifts, the ability to make citizens feel invested in their communities.
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Struggling Homeowners: Where's P.E.T.E. When We Need Him?
Struggling homeowners are in desperate need of some new rules for the mortgage modification “Three Card Monty” shuffle.
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Sen. Warren Slams Corrupt Congress, Tells CitiGroup: Dodd-Frank "Should Have Broken You Into Pieces"
Warren's rousing speech, condemning both Congress and one of the prime banks that has corrupted it, came late Friday night as legislators struggled to pass legislation to prevent a government shutdown.
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A Vietnam War Widow Battles Foreclosure Fraud
Over 700 foreclosures were conducted against active-duty service members by Bank of America, Wells Fargo, JPMorgan Chase and Citigroup.
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Big Banks Broke America: How to Achieve The Ultimate Revenge Against Them
Since looting all of us for a generous bailout, you'd have thought they'd all lie low. Here's what they did instead.
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Building an Ark: How to Protect Public Revenues from the Next Meltdown
While the too-big-to-fail banks have collectively grown 37% larger since 2008, we are steamrolling toward the greatest financial disaster in world history, and nobody is doing much of anything to stop it.
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Price Gouging, Regulatory Capture and Scandal In America's Markets
America’s agonizingly slow recovery from the last recession is unlike any of the 32 previous business cycles of economic expansion and contraction, going back 160 years.
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Top Five Bank Bailouts We Never Heard About
What may be the most egregious behind-the-scenes bailouts were a series of settlements with the big banks for blatant wrongdoing – structured so that they could write the penalties off their tax bills.
