Banking

WASHINGTON (Ma’an) — Former United States Ambassador to the United Nations, Nikki Haley, and US President Donald Trump’s daughter, Ivanka Trump, are reportedly among possible US candidates to replace the outgoing World Bank President Jim Yong Kim. Earlier this week, Jim Yong Kim announced he would be stepping down as the World Bank’s president three […]

Banking

Wall Street, Inequality and the Anger of the People

Nomi Prins

( Tomdispatch.com ) – As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, not just here but across the planet. If the global economy really is booming, as many politicians claim, why are leaders and their parties around […]

Banking

The United States of Monopoly Rule

Jim Hightower

(Afterwords) – Five banks control half of all U.S. financial assets, and six conglomerates control 90 percent of our media. Monopolies aren’t merely un-American — they’re virulently anti-American. They suppress our fundamental values of fairness and opportunity for all. Our people have instinctively rebelled at monopoly avarice — from the Boston Tea Party to the […]

Banking

A coming Crash? Massive Bank deregulation and a Trump-appointed Fed: What could go Wrong?

contributors

Trump has appointed more members of the Fed board than any president since Woodrow Wilson

Banking

The Great Trump Bubble

Juan Cole

Nomi Prins | ( Tomdispatch.com) | – – There’s been lots of fire and fury around Washington lately, including a brief government shutdown. In Donald Trump’s White House, you can hardly keep up with the ongoing brouhahas from North Korea to Robert Mueller’s Russian investigation, while it already feels like ages since the celebratory mood […]

Banking

Treasury Sec. Mnuchin is just an Enforcer for the 0.1%

contributors

By Nomi Prins | ( Tomdispatch.com) | – – Treasury Secretary Steven Mnuchin doesn’t exactly come across as the guy you’d want in your corner in a playground tussle. In the Trump administration, he’s been more like the kid trying to cop favor with the school bully. That, at least, is the role he seems […]

Banking

Top 4 Things Paradise Papers tell us about Super-Rich

contributors

Tax avoidance is a booming industry

Banking

Trump could reform the Banks, or start 2nd Great Depression; Which is most Likely?

contributors

By Nomi Prins | ( Tomdispatch.com Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a lot. It would be huge! Terrific! It could change our world for the better in a big-league way! It could save us all from economic disaster! […]

Banking

From ‘Draining the Swamp’ to Bankocracy: All Trump’s Betrayals

contributors

By Nomi Prins | ( Tomdispatch.com | – – Irony isn’t a concept with which President Donald J. Trump is familiar. In his Inaugural Address, having nominated the wealthiest cabinet in American history, he proclaimed, “For too long, a small group in our nation’s capital has reaped the rewards of government while the people have […]