Category Archives: finance

Indentured Students

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5 GREAT THINGS ABOUT AMERICA…THAT AREN’T TRUE ANYMORE

By Arlen Grossman/ The Big Picture Report 1st Great Thing About America: We Are a Democracy (Or Used To Be)  Image: Ares/caglecartoons.com  Once a shining beacon of democracy, the United States of America has lost its way. To be sure, … Continue reading

Posted in Afghanistan, civil liberties, Economics, economy, elections, finance, foreign policy, government, inequality, Iraq, law, media, military, Occupy, Occupy Wall Street, politics, poverty, protest, Republican Party, Supreme Court, taxes, Wall Street, war | Tagged , , , , , , , | 3 Comments

WALL STREET REFORM: GOING…GOING…GONE

How Wall Street Killed Financial Reform It’s bad enough that the banks strangled the Dodd-Frank law. Even worse is the way they did it – with a big assist from Congress and the White House. By Matt Taibbi/ Rolling Stone/ … Continue reading

Posted in Barack Obama, crime, Democratic Party, Economics, economy, finance, government, law, Occupy Wall Street, politics, Wall Street | Tagged , , , , , , | Leave a comment

WHY OCCUPY? WHY NOW?

Plutonomy and the Precariat:  On the History of the US Economy in Decline by Noam Chomsky/ TomDispatch.com/ May 8, 2012 The Occupy movement has been an extremely exciting development. Unprecedented, in fact. There’s never been anything like it that I … Continue reading

Posted in Economics, economy, finance, inequality, Occupy, Occupy Wall Street, protest, protests, Wall Street | Tagged , , , , , , | Leave a comment

It’s Cold and Dark Out There……

Political Iceberg Ahead: The Big Money That Is Sinking Democracy by Danny Schechter/ Huffington Post/ May 7, 2012 I keep thinking of that clear April night 100 years ago when the unsinkable HMS Titanic steamed towards New York. It was … Continue reading

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Half-Full or Half-Empty?

Which America Do You Live In:  Newsweek’s SuperCountry or Robert Reich’s Stalled “Tinder-Box”? by Arlen Grossman Newsweek’s May 7 cover reveals a man’s shirt ripped off to reveal Superman–with a big “$” on his chest instead of an “S”–and the … Continue reading

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How Mitt and His Partners Get Rich–And How We Pay For It

In less than three minutes, Robert Reich explains how capital equity partnerships, like Bain Capital, game the system–and how the rest of us end up holding the bag.

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How Lehman Brothers Cheated While U.S. Regulators Looked the Other Way

60 Minutes: The Case Against Lehman Brothers Steve Kroft, on CBS’s 60 Minutes last Sunday, examines (1) how the Lehman Brothers fudged numbers, evaded detection and slipped into bankruptcy, helping trigger a worldwide financial collapse, (2) how their accounting firm Ernst … Continue reading

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Thomas Jefferson: Let the Rich Pay the Taxes

BPR Quotes of the Day Thomas Jefferson’s views on who should be paying taxes would clearly disqualify him as a member of today’s Republican Party….. “The collection of taxes… has been as yet only by duties on consumption. As these … Continue reading

Posted in Economics, finance, Republican Party, taxes | Tagged | 7 Comments

Morris Berman: “A Postmortem For a Dying Nation”

Why the American Empire Was Destined to Collapse Interview with author and social critic Morris Berman  who says the fact that we’re a nation of hustlers lies at the root of our decline. by Nomi Prins/ AlterNet/ March 7, 2012 … Continue reading

Posted in Economics, economy, finance, inequality, media, politics, poverty, Uncategorized | Tagged , , , | 3 Comments