The European Stabilization Mechanism, Or How the Goldman
The Goldman Sachs coup that failed in America has nearly succeeded in Europe—a permanent, irrevocable, unchallengeable bailout for the banks…
Read ArticleAll Banks Are Not Created Equal – How
It is well known that Philadelphia was the birthplace of the U.S. Constitution and American democracy. Less well known is…
Read ArticleCanada’s 2012 Budget: Imposing Austerity on the World’s
Canada, called the world’s most resource-rich country, is now being subjected to austerity measures like those imposed on third world…
Read ArticleWall Street Confidence Trick: How Interest Rate Swaps
The “toxic culture of greed” on Wall Street was highlighted again last week, when Greg Smith went public with his…
Read ArticlePublic Sector Banks: From Black Sheep to Global
Once the black sheep of high finance, government owned banks can reassure depositors about the safety of their savings and…
Read ArticleHow Greece Could Take Down Wall Street
In an article titled “Still No End to ‘Too Big to Fail,’” William Greider wrote in The Nation on February…
Read ArticleAmerica’s Shadow Banking System, A Web Of Financial
The Wall Street Journal reported on January 19th that the Obama Administration was pushing heavily to get the 50 state…
Read ArticleSaving The Post Office: The Models Of Kiwibank
Neither rain nor sleet nor snow may have stopped the Pony Express, but the nation’s oldest and second largest employer…
Read ArticleThe Way To Occupy A Bank Is To
The campaign to "move your money" has gotten a groundswell of support. Having greater impact would be to "move our…
Read ArticlePulling Back The Curtain On The Wall Street
On November 27, Bloomberg News reported the results of its successful case to force the Federal Reserve to reveal the…
Read ArticleThe E.C.B. Fiddles While Rome Burns
“To some people, the European Central Bank seems like a fire department that is letting the house burn down to teach…
Read ArticleSuper Committee Deadlock: Heads They Win, Tails We
It is no great surprise that with only days to go, the congressional “super committee,” given the herculean task of…
Read ArticleTime For An Economic Bill Of Rights
Henry Ford said, “It is well enough that the people of the nation do not understand our banking and monetary…
Read ArticleQE4: Forgive The Students
Among the demands of the Wall Street protesters is student debt forgiveness—a debt “jubilee.” Occupy Philly has a “Student Loan…
Read ArticleThe Public Option In Banking: Another Look At
Publicly-owned banks were instrumental in funding Germany’s “economic miracle” after the devastation of World War II. Although the German public…
Read ArticleSheared By The Shorts: How Speculators Fleece Investors
"Unrestrained financial exploitations have been one of the great causes of our present tragic condition.” -- President Franklin D. Roosevelt,…
Read ArticleCalifornia Legislature Passes Bill To Study State-Owned Bank
AB 750, California’s bill to study the feasibility of establishing a state-owned bank that would receive deposits of state funds,…
Read ArticleWar – The Fiscal Stimulus Of Last Resort
So went the anti-Vietnam War protest song popularized by Edwin Starr in 1970 and revived by Bruce Springsteen in the…
Read ArticleNorth Dakota’s Economic “Miracle” – It’s Not Oil
North Dakota has had the nation’s lowest unemployment ever since the economy tanked. What’s its secret? In an article in…
Read Article
iTunes Podcasts
YouTube Channel
Twitter
Facebook
Loading...
Recent Discussions