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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Handing Bankers a Win-Win, Eurocrats Authorize Bailouts – and Bail-Ins
The new deal may be illegal under rules of the E.U. Parliament, but it is being rushed through to lock taxpayer and depositor liability into place before the dire state of Eurozone banks is exposed.
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$25 Million Bank of America Settlement Amounts to Wrist-Slap
Two settlements between Bank of America and state and federal regulators over actions during the financial crisis challenge conventional assumptions about Republicans, Democrats and Wall Street.
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Let's Get This Straight: AIG Execs Got Bailout Bonuses But Pensioners Get Cuts
In contrast to top AIG executives who helped bankrupt their company and sink the economy, no one has accused city workers in Chicago or Detroit of doing anything wrong. They did their jobs — so why are they the ones facing pension cuts?
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Ellen Brown: The Bank Guarantee That Bankrupted Ireland
After five years of belt-tightening, the Irish people are realizing that their assets are paying for the mistakes of the financial sector.
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Global Power Project: Connecting Josef Ackermann, the Institute of International Finance and the Euro Debt Crisis
When the European debt crisis hit headlines in 2010, the Institute of International Finance was again on the scene and playing a major part, like it did during the 1980s debt crisis. At the center this time was the CEO of Deutsche Bank, Josef Ackermann.
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Richmond, California Mayor Occupies Wall Street
Mayor Gayle McLaughlin is setting an example for how community activists can make big changes by running for local office independent of the two-party system and corporate campaign cash.
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Is Homeland Security Preparing for the Next Wall Street Collapse?
The Department of Homeland Security recently purchased 1.6 billion rounds of ammunition and is acquiring heavily armored tanks which have been seen roaming the U.S. streets. It's clear this is meant for unrest at home, and not abroad.
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We Are All Connected: Hearing The Message of Indigenous Tribes
In the current United States, from the Indigenous point of view, it is as though a chief can have 99 buffalo for himself while he looks down at the community trying to live on one buffalo. This is a model for community or Tribal extinction.
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Global Power Project, Part 9: Banking on Influence With Morgan Stanley
The bank that has committed a raft of fraud, illegal foreclosures, energy price fixings and food market speculations took in more than $107 billion of U.S. taxpayer funds in the bailouts.
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Bankrupt in Detroit: An Ominous Sign of What's to Come
What's happening to Detroit should not be considered an isolated incident — the product of corrupt government, crime, or mismanagement — but the result of economically unfair structural conditions that apply to the entire nation.