Banking

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 […]

Banking

America’s Rigged Casino of Wealth and Power: Trump’s New Gilded Age

contributors

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 income. In every society, some people hold more wealth than other people. Every society, in other words, has a rich. But not every […]

Banking

Why couldn’t the Corporate Old Boys’ Network Stop Trump?

contributors

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 – the reputed party of business – manage to nominate a candidate whom almost no one in Big Business supports? And why have so […]

Banking

When Corporations use havens, you Pay their taxes; & the leading Candidates have Havens

contributors

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 it convenient to cut labor costs by moving manufacturing abroad, the economic issue you’re hearing most about in this election season. But the […]

Banking

The Chinese are Coming: First ‘New Silk Road’ Train reaches Iran’s Capital

Juan Cole

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 after a 14-day journey. The freight train just used existing rail links to go from China to Kazakhstan, then to Uzbekistan, then Turkmenistan, […]

Banking

Fearing the Bern, Billionaire Bloomberg Threatens to Buy Election for Establishment

contributors

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 real establishment getting worried? As news broke Saturday afternoon that billionaire former New York City mayor Michael Bloomberg is “seriously” considering the idea […]

Banking

After 2008 Wall Street Crash, did US White Working Class Drink itself to Death?

contributors

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 Anne Case and Angus Deaton, the winner of the latest Nobel Prize in economics, its members in the 45- to 54-year-old age group […]

Banking

Game of Groans: How focus on Trump Taunts hides GOP war on Middle Class, Workers

Juan Cole

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, all but one white, on a debate stage seeking to represent the billionaire class (some 536 individuals in US, who have more wealth […]