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.
Glass-Steagall Act
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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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Can Anti-Corruption Candidate Rick Weiland Upend South Dakota's Senate Race?
Toss-up races like Kansas and South Dakota may be the ones that decide whether or not Republicans take control of the U.S. Senate.
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The Coming Climate Revolt: Why Today's Generation Must Take the Helm
The corporate elites will not veer from our path towards ecocide unless they are forced from power – and this means the beginning of a titanic clash between our corporate masters and ourselves.
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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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My Party Has Lost Its Soul: Former Clinton Aide Laments Victory for Wall Street Democrats
We yearn for a new politics but worry that our democracy, like that Antarctic ice shelf, has reached its tipping point.
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Parasite #1: The Shadow Banking System
Despite the 828-page Dodd-Frank Act, the derivatives pyramid has continued to explode to a value now estimated to be as high as $2 quadrillion.
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Taibbi: The Vampire Squid Strikes Again – With Mega Banks' Most Devious Scam Yet
Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever.
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Move Over Mainstream: This Is What New Populism Looks Like
Occupy Wall Street provided the first volleys, but we'll need much more popular education and greater popular mobilization to grow a movement.
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What Fine? Why JPMorgan Is Laughing All the Way to the Bank
The $13 billion fine on civil charges, including $4 billion in direct assistance to swindled homeowners in mostly depressed inner city neighborhoods, is to be applauded. But it represents only about half of the profit JPMorgan garnered last year.
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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.
