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.
FDIC
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Exposed: F.D.I.C. Regulator Quit Job to Fight His Own Foreclosure Fraud
"The system is largely gamed, broken and corrupted by money, influence peddling and a revolving door."
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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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We’re All Still Hostages to the Big Banks
Five years after the Lehman Brothers collapse, banking lobbyists have blocked essential reforms at every turn.
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Glass-Steagall Now: Because the Banks Own Washington
The original Glass Steagall created two distinct types of banks: standard commercial banks where people held checking and savings accounts, and investment banks that were free to engage in whatever risky behavior they liked.
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Occupy Money Cooperative Introduces New Financial Service
The co-op banking project, which emerged as a group from Occupy Wall Street, seeks to extend financial services to populations that would otherwise be excluded.
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Elizabeth Warren Launches the 21st Century Glass-Steagall Act
The bill separates traditional banks from riskier financial services and will give a five-year transition period for financial institutions to split their business practices into distinct entities — ending “Too Big to Fail” once and for all.
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Game-Changer: Could Elizabeth Warren’s "Bank on Students" Bill Be An Economic Breakthrough?
The Massachusetts senator's bill has been dismissed as “shameless populist demagoguery” and “a cheap political gimmick,” but could Warren’s outside-the-box bill be a game-changer that actually turns the economy around?
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The Fix Is In: Obama Did It for the Money
The love fest between Barack Obama and his top fundraiser Penny Pritzker that has led to her being nominated as Commerce secretary would not be so unseemly if they both just confessed that they did it for the money.
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Is Your Money Safe in a "Too Big to Fail" Bank?
The next crisis will likely be due to the staggering derivatives trade: the current exposure in derivatives at "too big to fail" banks exceeds the total world's gross domestic product.
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Obama Picks Billionaire Tax Evader to Lead Commerce Department
Hyatt heiress Penny Pritzker, Obama's choice for Commerce Secretary, avoids paying taxes through offshore accounts and formerly ran a bank that pioneered predatory high-interest subprime loans.
