Wall Street Beware: The Public Banking Movement Is Coming For You

By Robert R. Raymond, Truthout. -

It may not come as a surprise to hear that the majority of Americans don’t trust the banking system in this country. Only 27 percent of those surveyed in a 2016 Gallup poll said they had “a great [...]

Stock Buybacks Are Deadly

By Luisa Galvao and Porter McConnell, TakeOnWallStreet.com. -

The eighties brought us permed bangs, acid wash jeans, and Gordon Gecko’s “greed is good” mantra. So it’s not surprising that in 1982, among other bad ideas, the Securities and Exchange [...]

Wall Street Mini-Tax Could Raise Maxi Revenue

By Ronald M. Glassman and Gerald E. Scorse, Dissidentvoice.org -

With great fanfare, politicians on the left are thinking big on tax reform: a 70 percent rate on incomes over $10 million, a wealth tax on the super-rich, estate taxes as high as 77 percent. With [...]

Underserved Communities Increasingly Support Public Banking To Rectify Wall Street Abuses

By Staff, Publicbankinginstitute.org -

People from all hues of the political spectrum are recognizing that having local transparent control over the creation of credit through a publicly-owned bank not only saves money, but also gives [...]

In 2019, Wall Street Banks Will Determine The Future Of America

By Pam Martens, Wallstreetonparade.com -

Inevitably, investors get the kind of Wall Street they demand and deserve. That’s a paraphrase of the French philosopher Joseph de Maistre’s view on an engaged or unengaged citizenry: “Every [...]

Wall Street Thrives And Working People Struggle As GOP Tax Cut Turns One

By Max Moran, Inequality.org -

The Tax Cuts and Jobs Act of 2017 — the only major piece of legislation passed by the Trump administration — turns one year old this week. The law’s advocates promised it would create an economic [...]

Comparing Crises: 1929 With 2008 And The Next

By Jack Rasmus, Kyklos Productions. -

It is often said that the initial months of the 2008-09 crash set the US economy on a trajectory of collapse eerily similar to that of 1929-30. Job losses were occurring at a rate of 1 million a [...]

Breaking With Wall Street: L.A. Puts It To The Voters

By Ellen Brown, Ellenbrown.com -

Wall Street owns the country. That was the opening line of a fiery speech by populist leader Mary Ellen Lease in 1890. Franklin Roosevelt said it again in a letter to Colonel House in 1933, [...]

Has Occupy Wall Street Changed America?

By Chantal Da Silva, Newsweek.com -

With many Americans still reeling from the 2008 financial crisis, Canadian anti-consumerist magazine Adbusters had issued a call to action for a "revolution," a "people's revolt in the [...]

The Anarchists Who Ignited Occupy Wall Street Seven Years Ago Are Now Calling For #OCCUPYSILICONVALLEY

By Staff, Abillionpeople.org -

Seven years after igniting the global phenomenon of Occupy Wall Street, Adbusters Media Foundation is launching #OCCUPYSILICONVALLEY, an ambitious, global blowback campaign against Big Tech's [...]

On Ten Year Anniversary Of Financial Collapse, Fundamentals Still Flawed

By Elizabeth Preza, Alternet.org -

William Cohen—a former senior-level mergers and acquisitions banker on Wall Street who is now a special correspondent for Vanity Fair—on Sunday spoke about the ten-year anniversary of the 2008 [...]

That Raise You Were Promised Last Year? Wall Street Took It From You

By Will Bunch, The Inquirer -

By and large, American workers haven’t been getting the kind of pay raises that history predicts for an economy with such a low unemployment rate. That’s even more astounding when you [...]

The Coming Collapse

By Chris Hedges, TruthDig. -

The Trump administration did not rise, prima facie, like Venus on a half shell from the sea. Donald Trump is the result of a long process of political, cultural and social decay. He is a product [...]

The Fed Boosts Wall Street, Not Main Street

By Nomi Prins, Truthdig.com -

Since QE went global, the Bank of England, for one, has often had to defend itself from accusations that its policies have increased inequality. A recent study concluded that “nine years of asset [...]

How Wall Street Bought Toys ‘R’ Us And Left 30,000 People Without Jobs

By Leticia Miranda, Buzzfeed.com -

When the last Toys ‘R’ Us store closes its doors once and for all, the company's top executives will have pocketed some $8.2 million in retention bonuses for sticking around long enough to [...]