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 [...]

The Return Of The Great Meltdown

By Nomi Prins, Tom Dispatch. -

We have entered a landmark moment: no president since Woodrow Wilson (during whose administration the Federal Reserve was established) will have appointed as many board members to the Fed as [...]

Wall Street Admits Curing Diseases Is Bad For Business

By Lee Camp, Truthdig.com -

Goldman Sachs has outdone itself this time. That’s saying a lot for an investment firm that both helped cause and then exploited a global economic meltdown, increasing its own wealth and power [...]