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.
Federal Deposit Insurance Corporation
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Here’s Why Americans Are Mad as Hell at Wall Street and Washington
Tens of millions of Americans clearly understand that an entrenched system of corruption such as Wall Street, perpetuated through a revolving door with Washington, will leave the nation’s economy in tatters again.
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Public Banks Could Break the Impasse Over Marijuana Money
Because marijuana continues to be classified as a Schedule 1 drug, private banks are effectively prohibited from fully participating in this market.
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Ticket to Insolvency: The Fed's Bizarre New Rules to Asset-Strip Local Government
The latest misguided move by regulators could result in serious collateral damage to cities – maybe serious enough to finally propel them into bankruptcy.
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Discover Faces Investigation Into Student Loan Debt Collection Practices Amid Rising Delinquencies
The bank’s student loan business has almost doubled in two years and is facing heat from regulators.
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Exposed: Senator Dianne Feinstein's Husband Is Selling Post Offices to Friends
University of California Regent Richard Blum has built vastly over-budget municipal airports, tunnels and bridges and sold high-tech weaponry in Iraq and Afghanistan. Now he's liquidating U.S. post offices for private gain.
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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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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.
