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.
bail-in
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When Too Big To Fail Fails: The Scheme To Seize Depositors' Money
Unprosecuted, unreformed, unregulated and unrepentant, Wall Street parties on – and the money we thought was our own, protected in our checking and savings accounts, could be taken in an instant.
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Ellen Brown: The Bank Guarantee That Bankrupted Ireland
After five years of belt-tightening, the Irish people are realizing that their assets are paying for the mistakes of the financial sector.
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Is Homeland Security Preparing for the Next Wall Street Collapse?
The Department of Homeland Security recently purchased 1.6 billion rounds of ammunition and is acquiring heavily armored tanks which have been seen roaming the U.S. streets. It's clear this is meant for unrest at home, and not abroad.
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A Credit Union in Puget Sound Elects a Different Future
The Puget Sound Cooperative Credit Union in Washington State has helped locals divest from JPMorgan Chase and now holds $30 million of the community's assets.
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Armageddon On Wall Street: The Looming Mass Destruction from Derivatives
The shadow banking system is propped up by a hidden government guarantee known as safe harbor status, pushed through by Wall Street, which has created perverse incentives for the financial system to self-destruct.
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Ellen Brown: The Leveraged Buyout of America
Giant banks are buying up our country’s infrastructure, the power and supply chains that are vital to the economy. Aren’t there rules against that?
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Green Light for City-Owned San Francisco Bank
Do taxpayers want to have their public money in a bank that has been proven to be defrauding them? San Francisco may be leading the way toward creating a municipal bank that is in the public's interest.
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Act Before the Bail-In: Now Is the Moment to Seize Public Banking
As an individual or as a public official, if you have money in one of the big banks, you have essentially given your money to that gambler and now you are a creditor to the gambler.
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Bail-out Is Out, Bail-in Is In: Another Argument for Publicly-Owned Banks
The deposits of U.S. pension funds are well over the insured limit of $250,000. They will get raided just as the pension funds did in Cyprus, and so will the insurance companies. Who else?
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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.
