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 [...]

How Banks Against Wealth Building By Blacks After 2008 Crash

By Pam Martens and Russ Martens, Wallstreetonparade.com -

If you get your business news from the Wall Street Journal or Bloomberg News or the New York Times or Reuters or the Financial Times or CNBC, chances are you did not hear about a critically [...]

The Public Banking Movement Is Taking Off In The U.S.

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

Public Banks exist around the world. They are used to hold public dollars, such as taxes and fees, to keep the money local so it serves the public interest, instead of giving it to Wall Street [...]

Rumors Grow That U.S. Fed Is Propping Up Stock Market

By Pam Martens and Russ Martens, Wallstreetonparade.com -

It’s not every day that three well-credentialed men are willing to put their names and reputations behind the allegation that the U.S. Federal Reserve is rigging the stock market. But that’s [...]

What Happens When Wall Street Becomes Your Landlord?

By Negin Owliaei, Inequality.org -

When José Rivera moved into his house, he thought he was on the path to home ownership. But after several years and more than $90,000 in rent, he can’t even get his landlord to fix the broken [...]

Experts Explain How Wall Street Loots The Economy

By Pam Martens and Russ Martens, www.wallstreetonparade.com -

By Pam Martens and Russ Martens for Wall Street on Parade. If you feel lost in the cacophony of contrasting claims that Wall Street was adequately reformed under the Dodd-Frank legislation of [...]

Government By Goldman

By Gary Rivlin and Michael Hudson, www.theintercept.com -

By Gary Rivlin and Michael Hudson for The Intercept. Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for [...]

Obama Goes From White House to Wall Street

By Max Abelson, www.bloomberg.com -

By Max Abelson for Bloomberg - Last month, just before her book “What Happened” was published, Barack Obama spoke in New York to clients of Northern Trust Corp. for about $400,000, a person [...]

Tenants March To Stop Giveaways To Wall Street Landlords

By Aditi Katti, www.inequality.org -

By Aditi Katti for Inequality.org - It was a brutally hot and humid day in the nation’s capital and Margie Mathers needed a cane to get up to the podium, but the Florida senior had a story she [...]

Is Wall Street About To Take Over Public Education?

By Emily Talmage, www.emilytalmage.com -

By Emily Talmage for Save Maine Schools - Across the country, teachers are being asked to collect, record, and slog through mountains of data that “experts” insist is meant to improve their [...]

How Wall Street Once Killed The U.S. Solar Industry

By Robinson Meyer, www.theatlantic.com -

By Robinson Meyer for The Atlantic - It’s less obvious than it may seem. The global industry is a $65-billion business, and the United States has been involved in it from the beginning. NASA [...]

From Bad To Worse For Puerto Rico

By Joseph E. Stiglitz and Martin Guzman, -

By Joseph E. Stiglitz and Martin Guzman for Project Syndicate. SAN JUAN – Puerto Rico’s deep and prolonged recession has led to a severe debt crisis. And the combination of economic contraction [...]