How Wall Street Sabotaged the Democratic Party“BILL MOYERS: Yeah. Are you saying that Timothy Geithner, the Secretary of the Treasury, and others in the administration, with the banks…13h ago413h ago4
How the Bankers Have Protected their Huge Paychecks“ Americans should lose faith in their government. They should deplore the captured politicians and regulators who distributed tax dollars…Mar 51Mar 51
How the American Billionaires Got Their Power“It was natural and perhaps human that the privileged princes of these new economic dynasties, thirsting for power, reached out for control…Feb 252Feb 252
Preparing the Way For the Trump Revolution“If the left fails to mobilize the working class, the right will do so instead. That is exactly what has happened”. -Historian David N…Feb 181Feb 181
Published inAge of AwarenessUnderstanding the Fury in America[ Note to my regular readers: As a result of feedback, I’ve decided to add a new in first section to my draft book on economic inequality…Feb 1123Feb 1123
How Fannie and Freddie Will Become Instruments for the Upward Transfer of Wealth“We have been unable to find any purpose for the huge balance sheets of the GSEs other than profit creation through the exploitation of the…Feb 42Feb 42
Why the US Banking System Remains Fragile“Fannie and Freddie remain two of the world’s largest financial institutions, but most Americans understand very little about the two…Jan 283Jan 283
The High Art of Ineffective Reform“The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the…Jan 151Jan 151
The CDS Threat Is Alive Today.I think we will have continuing danger from these markets and that we will have repeats of the financial crisis. It may differ in details…Jan 71Jan 71