War Of The (Financial) Worlds

By Nomi Prins, Tom Dispatch. -

Sometimes things only make sense when seen through a magnifying lens. As it happens, I’m thinking about reality, the very American and global reality clearly repeating itself as 2021 [...]

Water Should Not Be Traded On Wall Street

By Avexnim Cojti, Cultural Survival. -

On December 8, 2020, several media sources reported that fresh water started to be traded on Wall Street as a commodity such as gold and wheat. This comes as water scarcity is increasing in [...]

Hunter Biden Criminal Probe Bolsters A Chinese Scholar’s Claim

By Glenn Greenwald, Substack. -

Hunter Biden acknowledged today that he has been notified of an active criminal investigation into his tax affairs by the U.S. Attorney for Delaware. Among the numerous prongs of the [...]

On Contact: American Dissent

By Chris Hedges, RT. -

On the show this week, Chris Hedges talks to Professor Paul Street about the outcome of the US presidential election, and how despite likely losing, Donald Trump has solidified an angry, disposed [...]

Trump’s Zealots: White Supremacists And Evangelicals

By Gilbert Mercier, Telesur English. -

Let us not be naive. If President Trump recently called on his adoring followers to “liberate” states like Michigan, Virginia, Maryland*, and Minnesota, which all happen to have Democrat [...]

The Wall Street Crash And The Great Depression

By James Kilby, Marxist.com. -

With mass unemployment on the cards, many are comparing the current crisis to the Great Depression of the 1930s. In both cases, however, these crises were not 'accidental', but a product of [...]

Wall Street Moving To Make A Mint Off The Mail, JPMorgan Postal Bank

By Raúl Carrillo, Take On Wall Street. -

Imagine if activists and elected officials were clamoring for emergency provision of food and McDonald’s offered to place a drive-thru window in every post office. Calling it #postalfood. That [...]

Exxon Booted From Dow As Oil And Gas Falls

By Brian Kahn, Earther Gizmodo. -

Spending 92 years doing anything is an accomplishment, so let’s cheers to Exxon Mobil Corp., which spent more than nine decades as a member of the Dow Jones Industrial Average, pillaging the [...]

US Firms Shield CEO Pay As Pandemic Hits Workers, Investors

By Jessica DiNapoli and Ross Kerber, Reuters. -

New York/ Boston - Sonic Automotive Inc (SAH.N), which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its [...]

The Disconnect Between The Stock Market And The Real Economy Is Destroying Our Lives

By Hamilton Nolan, In These Times. -

In the month of April—as 30 million Americans filed for unemployment, and destitute small businesses closed forever, and rent strikes were demanded, and city and state governments forecast years [...]

The Myth Of V-Shape Economic Recovery

By Jack Rasmus. -

The spin is in! Trump administration economic ‘message bearers’, Steve Mnuchin, US Treasury Secretary, and Kevin Hasset, senior economic adviser to Trump, this past Sunday on the Washington TV [...]

Why The Oil And Gas Industry Will Never Be The Same

By Marshall Auerback, Brave New Europe. -

When a staple commodity collapses to negative value it signals that something is clearly amiss in the global economy. When it is a global energy source like crude oil, it does not just signal [...]

An All-American Urge To Offer Corporate Welfare

By Nomi Prins, TomDispatch.com. -

To say that these are unprecedented times would be the understatement of the century. Even as the United States became the latest target of Hurricane COVID-19, in “hot spots” around the globe a [...]

Not This Time: Watch Out For Wall Street In A Pandemic

By Staff, Takeonwallst.com -

We have entered uncertain times. The novel coronavirus has upended life around the globe, and none of us knows exactly how long the outbreak or its ramifications will last. But daily reminders of [...]

Twenty-First Century Neoliberalism Is Failing – Where Do We Go From Here?

By Margaret Flowers and Kevin Zeese, Clearing the FOG. -

Stock markets around the world have become very volatile over the past few weeks with record losses. We are in a global recession, which could become a depression in the United States. Panic over [...]