It is not hyperbole to say that the world’s richest man has now illegally seized control of America’s checkbook and the entire federal workforce.
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Elections Are Over – Now Here Are 10 Ways to Democratize the Economy
Take control of local budgets and financing, businesses, community land development, energy production and more.
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Building an Ark: How to Protect Public Revenues from the Next Meltdown
While the too-big-to-fail banks have collectively grown 37% larger since 2008, we are steamrolling toward the greatest financial disaster in world history, and nobody is doing much of anything to stop it.
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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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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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Even the Council on Foreign Relations Says It's Time to Rain Money on Main Street
When an article appears in Foreign Affairs recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet.
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Extortion in Argentina: Odious Debt Is Pillaging the Nation into Bankruptcy
The lesson is this: if creditors know that a few holdout vultures can trigger a default, they're unlikely to settle with other insolvent nations in the future.
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The Movement for American Banking Independence Starts With Postal Banks
Over a billion people around the world are free to bank at their neighborhood post office – yet we stand almost alone among developed countries in keeping 300 million Americans from doing likewise.
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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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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.
