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.
derivatives trading
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Brexit and the Derivatives Time Bomb: Will "Italeave" Be Next?
The Brexit could trigger a $500 trillion derivatives meltdown by forcing the E.U. to allow insolvent member governments and banks to write down debt.
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“The Big Short” and Bernie’s Plan to Bust Up Wall Street
Not only is Adam McKay's movie a good way to understand how the big banks screwed millions of Americans out of their homes, savings, and jobs, then got bailed out by taxpayers – but a lesson in why they’re on the way to doing all this again.
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Ending the Weath Grip: America's Crisis Of Public Not Private Morality
Our problems have nothing to do with what happens in bedrooms or whether women can end their pregnancies. They have have everything to do with what occurs in boardrooms and whether corporations and the wealthy get to undermine our democracy.
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Broke Cities and Broken Bodies – It’s Time to Make the Connections
The bankers get our money, charge us for taking it and leave cities’ budgets bare. Schools close, small businesses shut down, social programs fold and only the cops remain.
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California Foreclosed: Robert Somerton and the Battle with Bank of America
"Having a branch manager place me under citizens arrest for 'trespassing' is Bank of America's way of criminalizing a homeowner," said Robert Somerton, whose foreclosure sale is this Sunday, Feb. 15.
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How Congress Plans To Kill Dodd-Frank And Keep Wall Street Unregulated
Eager to relax the nation’s already accommodating financial regulations, lawmakers have a clear plan: seize on complex and esoteric financial activities that few understand, then make tweaks to regulations which wind up gutting them.
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No More Games: If the Super Rich Won't Pay Taxes, It's Time For Plan B
The wealthiest Americans receive the greatest benefits – and they insult the rest of us by treating their tax responsibility like a game.
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JPMorgan Hit With $920 Million Fines for $6 Billion London Whale Derivatives Scandal
JPMorgan Chase has agreed to pay $920 million in penalties to U.S. and U.K. regulators over the "unsafe and unsound practices" that led to its $6.2 billion London Whale losses last year.
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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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In Era of City Bankruptcies, It's Time to Expand Federal Pension Benefit Guarantys
What happens to a municipal worker's pension when a city goes bankrupt? Unlike banks, they won't get bailed out.
