Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.
Bank of North Dakota
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Scotland May Not Be Independent – But A Public Bank Will Bring Economic Sovereignty
A publicly-owned bank could help Scotland take control of its own economic destiny by avoiding unnecessary debt to a private banking system that's become a burden to the economy.
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Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis
Investors led by BlackRock, the world’s largest asset manager, and PIMCO, the world’s largest bond-fund manager, have sued some of the world’s largest banks for breach of fiduciary duty.
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Ahead of the Looming Foreclosure Crisis, Local Governments Are Stepping In
The glut of underwater mortgages needs to be written down to match underlying assets, not just to help homeowners but to revive the economy.
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Why Californians Are Paying Double – In Interest to the Banks
The Bay Bridge retrofit was slated to cost $6.3 billion, but with interest and fees, taxpayers will shell out over $12 billion - indicative of a trend in the Golden State.
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Bringing Bucks to Main Street With a State-Owned Bank of California
The Golden State can lead others down the path of debt peonage and keep paying for Wall Street's blunders – or we can be a model for establishing state economic sovereignty.
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Prosecuting Wall Street: It's Time to Bring the Banks Before a California Jury
Sixteen of the world’s largest banks have been caught colluding to rig global interest rates – so why are we doing business with a corrupt global banking cartel, and isn't it time someone prosecuted them?
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Revealed: Report Shows Wall Street Ripped Off Los Angeles for $200 Million
The fees Wall Street extracts from public entities like the ones in L.A. could total more than $50 billion a year – enough to provide free tuition at every public college and university in the country.
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From Austerity to Abundance: Why I Am Running for California Treasurer
The state cannot solve its budget problems by slashing services that have already been cut to the bone or raising sales taxes that hurt the poor far more than the rich.
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Hedges: Overthrow the Speculators and Build Public Banks
We can wrest back control of our economy and our political system from corporate speculators with local movements that decentralize economic power through the creation of hundreds of publicly owned state, county and city banks.
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Public Banking in Costa Rica: A Remarkable Little-Known Model
Established in 1949, Costa Rica's four public banks have remained open and in public hands in spite of enormous pressure by the IMF and the U.S. to privatize them.