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.
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.
