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.
Too Big To Fail
Follow:
-
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.
-
8 Ways Privatization has Failed America
The myth that privatization of public services benefits most Americans is an outright lie.
-
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.
-
Three Demands to Congress: Student Loans, Glass-Steagall & a Financial Transaction Tax
People rule in a democracy. Not Wall Street, not banks, not money. This is something apparently forgotten by Congress.
-
U.S. Injustice Department: "Collateral Consequences" Prohibit Prosecuting Criminals
The U.S. Justice Department has established that too-big-to-fail financial institutions are immune from federal prosecution. But the vast majority of individual corporate criminals are being protected as well.
-
BNotes, Time Dollars and Local Currencies: Remaking American Finance
More and more people are asking: how do we opt out of Wall Street now? Local and alternative currencies, for a start.
-
Defanging Dodd-Frank To Protect Wall Street Vampires
The House Committee on Financial Services passed a package of bills that would overturn derivatives regulations set in the 2010 Dodd-Frank Act.
-
Is Your Money Safe in a "Too Big to Fail" Bank?
The next crisis will likely be due to the staggering derivatives trade: the current exposure in derivatives at "too big to fail" banks exceeds the total world's gross domestic product.
-
Uh-Oh: Banks Have Become “Too Big To Fail” Again
And there’s only so much governments are willing to do about it.
-
Winner Takes All: The Super-Priority Status of Derivatives
Derivatives have “super-priority” status in bankruptcy, and Dodd Frank precludes further taxpayer bailouts. In a big derivatives bust, there may be no collateral left for the creditors who are next in line.
