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.
Dodd-Frank Act
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Beware the Memory Hole: Tuesday’s Vote Is A Good Time to Recall 2008
Donald Trump has warned that folks will “lose a lot of money” if the House turns blue. History—namely the 2008 financial crisis caused deregulated banks—suggests red is even costlier.
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Central Banks Have Gone Rogue, Putting Us All at Risk
"Central banks buying stocks are effectively nationalizing U.S. corporations just to maintain the illusion that their 'recovery' plan is working."
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The Crisis Next Time: Public Ownership As an Alternative to Corporate Bank Bailouts
The FIRE sector (finance, insurance and real estate) in the current corporate capitalist economy is dysfunctional and downright dangerous to the welfare of society. It's time for public ownership.
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Dark Matter: Too-Big-To-Fail Hibernates in Opaque Derivatives Markets
Much of the "over-the-counter" derivatives market remains outside the radar of regulators, who are supposed to monitor the risks it poses.
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Why Killing Dodd-Frank Could Lead to the Next Crash
Eliminating the bill was a top priority for Trump. So why did any Dems vote for it?
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Another Bad Idea: Regulators Chip Away at the Volcker Rule
By revising the Volcker Rule, a centerpiece of the 2010 Dodd-Frank act, the feds are pushing financial regulation in a direction that should worry everyone.
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Paving Way for Next Taxpayer-Funded Wall Street Bailout, Trump Fed Unveils Plan to Gut Volcker Rule
Ripping apart the central piece of Dodd-Frank will unleash a torrent of gambling by big banks and dramatically heighten the risk of another financial meltdown.
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Here We Go Again: Ignoring History, Congress Moves to Loosen the Reins on Wall Street
The great trick of Wall Street and its apologists is convincing the people it burned last time they were let off the leash that this time they’ll behave better, swear to God.
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Banks Raked In $6.4 Billion in Overdraft Fees in 2017. Where's the Public Outrage?
We're talking about the world's most bloated financial giants growing even fatter and richer off the backs of people who are already broke, by charging them additional fees for money they already lack.
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In the Dead of Night, Republicans Vote to Give Lawsuit Immunity to Banks
Draining the swamp indeed.
