Superyacht Lady M owned by Alexei Mordashov Governments proudly take credit for instantly slapping powerful restrictions on Russian billionaires and their assets. But how did the governments know where these assets are? Ironically these governments knew of the assets in spite of those governments’ efforts to vigorously and viciously prosecute…

• The first part of this series describes the role of secret foreign ownership in driving up prices and the ineffectiveness of legislation that is supposed to disclose these investors, available here. A reader from Sacramento, wrote this to me last week: “The homelessness crisis here is worse than I…

• The first part of this series describes the role of secret foreign ownership in driving up prices and the ineffectiveness of legislation that is supposed to disclose these investors, available here. A reader from Sacramento, wrote this to me last week: “The homelessness crisis here is worse than I…

Part 1 in a Series on the Housing Crisis Oence the average family could expect to work for a few years, save a down payment and buy a house with a mortgage monthly installment taking only one third of the family’s gross income. Even then they were considered house poor…

We’ve just experienced Congress again handing multi-billions of dollars, completely unquestioned, to the military without a whimper of protest from the general voting public. There is no present military threat to the US, and there was no reduction because the war in Afghanistan stopped — or showed the military top…

Often repeated because it has never been put better, close to 100 years ago, Louis Brandeis warned “We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.”Every year newspaper headlines decry how fewer and fewer people own more and…

Wall Street may not have intended its policies to go this far, but the outrage and approaching Civil War level divisiveness in America today are a direct result of its strategies. Wall Street has ensured that all financial reforms have increased the flow of income and wealth to the upper…

Journalist David Sirota’s new podcast “The Meltdown, available on Audibles, begins with a reference to a scene in Raiders of the Lost Ark when Indiana Jones tells everyone they’ve been digging in the wrong place. Analysts, says Sirota, have been digging in the wrong place to explain the rise of…