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.
Christine Lagarde
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A Year in the World-Traveling Life of U.S. Treasury Secretary Jack Lew
After reviewing Secretary Lew’s schedule of phone calls and meetings in 2014, it's easier to understand what it means to be one of the world’s most powerful financial diplomats.
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IMF Report on Inequality: Abandon "Trickle-Down" Economics and Pay Lowest Earners More
If governments wanted to increase the pace of growth they should concentrate on helping the poorest 20% of citizens.
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Global Power Project: Bilderberg Group and the International Monetary Fund
The IMF – "It's Mostly Fiscal" – has been able to represent a globally united front for the interests of commercial banks, which have systematically seized control of local economies everywhere.
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New Oxfam Report Shows Half Of Global Wealth Is Held By the 1%
Rising inequality is dangerous. A concentration of wealth capturing power is leaving ordinary people voiceless.
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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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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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Global Power Project: Central Bankers and the Institute of International Finance, Part 3
The relationship between the powerfully connected Institute of International Finance and global central bankers goes well beyond the timid attempts at “regulation” on the part of global banks, as this third segment in the IFF series reveals.
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Greek Journalist Who Leaked "Lagarde List" of Tax Evaders Faces Retrial
The Greek journalist Kostas Vaxevanis, who caused an uproar by publishing the so-called "Lagarde list" of 2,000 suspected tax evaders from his country who hold bank accounts in Switzerland, is on trial in Athens on charges of infringing privacy laws.
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U.S. Executive Pay Soars As "The Outrageous Has Become the Everyday"
According to figures released last week, 38% of the top-paid CEOs of U.S. companies over the past two decades were fired or headed companies that were either bailed out by taxpayers or forced to pay significant fraud-related fines.
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E.U. Climate Commissioner: "Stop Paying the Polluters"
Harnessing the existing broad consensus against fossil-fuel subsidies is possible even in the absence of a legal agreement.
