Wall Street
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Americans Can’t Handle The Truth
David Stockman’s new book, The Great Deformation: The Corruption of Capitalism in America, is getting a lot of attention these days. I recommend you don’t buy it. It’s much better to ignore the book and continue to listen to the White House and Wall Street, both of which tell us everything will work out just fine. Read More »
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Elizabeth Warren Grills Banking Regulators At First Hearing
[Americans] eager to see consumer champion Elizabeth Warren take Wall Street's biggest banks to task got their wish on Thursday when the newly elected Democratic senator made her debut at a Senate Banking Committee hearing. Read More »
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Mass Surveillance: The Day We Fight Back
If you wonder "why things never get any better, why no matter which 'side' you vote for, more fascist policies are enacted -- why these protests like Occupy end up being a waste," said hairyfeet, "it's really simple: There are no sides. The country is run by non-elected groups, NSA, pentagon and especially Wall Street lobbyists, which is why they can treat Wall Street like it's Las Vegas. Read More »
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The Annual Health Benefits Kabuki Dance Has Created the Greatest Heist in American History
The data is clear that the middle class is in an economic depression because of looks like a breach of fiduciary duty by their employers. This has created the strangest election in my lifetime -- look no further than 1930s Germany to see the effects of sustained economic duress on a citizenry. Donald Trump and Bernie Sanders represent the primal screams of the American middle class that is at least 95% driven by healthcare's unnecessary and easily avoided hyperinflation. It's stupefying how companies that will rigorously check whether there's a receipt for a $58 dinner an employee reported, will blindly squander millions unnecessarily on healthcare.
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What A Destructive Wall Street Owes Young Americans
Wall Street's big banks and their financial networks that collapsed the U.S. economy in 2008-2009 were saved with huge bailouts by the taxpayers, but these Wall Street gamblers are still paid huge money, and are again creeping toward reckless misbehavior. Their corporate crime wave strip-mined the economy for young workers, threw them on the unemployment rolls and helped make possible a low-wage economy that is draining away their ability to afford basic housing, goods and services.
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What We Could Do With A Postal Savings Bank: Infrastructure That Doesn’t Cost Taxpayers A Dime
[...] What has pushed the USPS into insolvency is an oppressive 2006 congressional mandate that it prefund healthcare for its workers 75 years into the future. No other entity, public or private, has the burden of funding multiple generations of employees who have not yet even been born. Read More »
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