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Archives: Banking
From ‘Draining the Swamp’ to Bankocracy: All Trump’s Betrayals
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…America’s Rigged Casino of Wealth and Power: Trump’s New Gilded Age
By Sam Pizzigati | ( Inequality.org In the years right after World War II, average Americans got ahead. Now Americans are getting headaches — from a ferociously top-heavy distribution of the nation’s…
Why couldn’t the Corporate Old Boys’ Network Stop Trump?
By Johan Chu & Jerry Davis | (The Conversation) | - - If corporate money controls our politics, as Bernie Sanders and others have claimed, then how did the Republican Party –…
When Corporations use havens, you Pay their taxes; & the leading Candidates have Havens
By Nomi Prins with Craig Wilson | (Tomdispatch.com) | - - There’s a pile of money hiding offshore. It’s true that jobs are also leaving the United States because American companies find…
The Chinese are Coming: First ‘New Silk Road’ Train reaches Iran’s Capital
By Juan Cole | (Informed Comment) | - - In a sign of China's increasingly powerful role in Central Asia and the Middle East, on Tuesday a Chinese train arrived in Tehran…
Fearing the Bern, Billionaire Bloomberg Threatens to Buy Election for Establishment
By Jon Queally, staff writer | ( Commondreams.org ) | - - Former New York City mayor indicates willingness to spend "at least $1 billion"... especially if Sanders bumps Clinton. Is the…
After 2008 Wall Street Crash, did US White Working Class Drink itself to Death?
Barbara Ehrenreich | ( Tomdispatch.com) | - - The white working class, which usually inspires liberal concern only for its paradoxical, Republican-leaning voting habits, has recently become newsworthy for something else: according to economist…
Game of Groans: How focus on Trump Taunts hides GOP war on Middle Class, Workers
By Juan Cole | (Informed Comment) | - - The condition of late capitalism produces a press discourse strangely devoid of any mention of class. Last Thursday we had 10 rich males,…
Bernie Sanders launches “Political Revolution” w/ 100K Virtual House Partiers
By Juan Cole | (Informed Comment) Bernie Sanders spoke from a house party in Washington, D.C., to supporters gathering in 3500 homes and other locations around the country in groups ranging from…
Are Arab Oil Monarchies divided over Iran Deal?
By Juan Cole | (Informed Comment) | - - The Gulf Cooperation Council (GCC) comprises Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and Oman. In recent years it has faced…
The Real Reason Critics Hate The Iran Nuclear Deal
Cenk Uygur | (The Young Turks Video) | - - "There's something wrong with people's reaction to the Iran nuclear deal. If what they're saying is true then the deal makes no…
Is Greece’s “No” on Debt Referendum another Youth Revolution?
By Juan Cole | (Informed Comment) | - - During the past 5 years, the old categories of politics-- left, right, center or capitalist and socialist-- have been challenged by a new…
Bernie Sanders’ 10,000-person crowd in Madison biggest of any Candidate so Far
By Juan Cole | (Informed Comment) | - - The Democratic Party's left wing is fed up and isn't going to take it any more. Americans in opinion polling overwhelmingly favor the…
The Would-be Bush Trifecta, Brought to you by the Family Bankers
By Nomi Prins | (Tomdispatch.com) | - - [This piece has been adapted and updated by Nomi Prins from her book All the Presidents' Bankers: The Hidden Alliances That Drive American Power, recently out in…
5 Radical Takeaways from the Pope’s Letter on Climate
By Janet Redman | (Foreign Policy in Focus) | - - Francis recognizes that there's no way to stop climate change without confronting the way the world does business. That's huge. Pope…
The Wall Street Connection: The Clintons and their Banker Friends
By Nomi Prins | (Tomdispatch.com) | - The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an…
‘Too Big to Exist’: Sanders Introduces Bill to Break Up Big Banks
by Nadia Prupis, staff writer | (Commondreams.org) | - If passed, bill would give Treasury Secretary a year to break up institutions bailed out in financial crisis. Sen. Bernie Sanders, who is…
Warren Buffett betting big on Wind Energy in Nebraska, & other Planet-Saving News
By Juan Cole | (Informed Comment) - Wind power is on a roll in the US despite a fickle Congress and the machinations of Big Coal and Big Gas to keep all…