This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
public banks
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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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The Ownership Revolution: A Future Emerging After Capital
Credit unions — member-owned, one-person, one-vote banks — control more than $1.1 trillion in assets, as much as those of some of Wall Street’s largest financial institutions.
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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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Strike Debt Bay Area Elevates Jubilee Message – Debt Forgiveness – to the Forefront
From debtors assemblies to study groups, Strike Debt Bay Area uses debt as a platform for collective action and resistance.
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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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Organized Labor, Public Banks and the Grassroots: Keys to a Worker-Owned Economy
Worker-owned cooperatives build economic democracy. But how do we build more worker-owned cooperatives?
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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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How the Credit Card Gravy Train Is Running Over You
The credit card business is now the banking industry’s biggest cash cow, and it’s largely due to lucrative hidden fees.
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The Warren Proposal: Postal Banking Is Key Financial Reform In the Public Good
The postal financial services Senator Elizabeth Warren suggests are important first steps toward democratizing our economy.
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This Is What Prosperity for Main Street – Not Wall Street – Looks Like
Taxpayers are paying more to the financiers of projects than to those who supplied the materials and actually committed the labor to building them. Are you O.K. with Wall Street bankers sucking prosperity from our communities?
