The Pentagon made $35 trillion in accounting adjustments last year alone -- a total that’s larger than the entire U.S. economy and underscores the Defense Department’s continuing difficulty in [...]
WASHINGTON - Over twenty people occupied a Chase Bank branch in Washington, D.C. today to kick off Stop the Money Pipeline, a major new activist effort going after the financial industry’s [...]
On foreign soil, as a guest nation, US has assassinated a diplomatic envoy whose mission the US had requested. The bombshell facts were delivered by caretaker Iraqi Prime Minister Adil [...]
San Francisco– Today, Goldman Sachs announced the strongest fossil finance restrictions of any major U.S. bank, though it still lags behind its leading global competitors. It also remains far [...]
Global finance capital has seized control of the economies of most nation-states. The citizens watch, helplessly, as money and goods are transferred with little regulation across borders. They [...]
September 29, 2008, was one of the strangest days in the recent history of capitalism. The investment bank Lehman Brothers had failed two weeks earlier in the largest bankruptcy in U.S. history, [...]
If Americans were aware of the extent that student loan debt has been carved out to serve the pockets of the educational and financial industries as well as the government, they’d think twice [...]
The western media has been hit with warnings of “financial Armageddon” and the need for a “global hegemonic synthetic currency” to replace the collapsing US dollar under a new system of green [...]
What’s going on in the repo market? Rates on repurchase (“repo”) agreements should be about 2%, in line with the Federal Reserve funds rate. But they shot up to over 5% on Sept. 16 and got as [...]
Central bankers are acknowledging that they are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, said in a speech at the annual meeting of central bankers in [...]
In short, the policies since 2008–both Obama’s and Trump’s–for ten years now have been subsidizing the rich, the elites, the owners of capital incomes like never before in US history. Tax cuts [...]
It is my cheerful duty to announce the acquisition of around 85 gigabytes of leaked emails, phone calls, faxes, and other documents originating from the London-based tax shelter firm Formations [...]
DICE stands for “Dynamic Integrated model of Climate and the Economy”. It’s the mathematical model from which Nordhaus derives the results noted in the previous figures. DICE is based on the [...]
In the last decade or so, the reputation of the U.S. dollar has been widely discredited because it is viewed by many governments around the world as a risky asset since the U.S. economy holds [...]
New York - Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece - his famed “Black Strat” Fender Stratocaster - that went for nearly $4 [...]
