Despite Wall Street’s booming recovery, Main Street continues to struggle with high unemployment and low wages, making another bust more likely. And, the “too-big-to-fail” banks may be more vulnerable than they appear, writes Danny Schechter.
Part of Ukraine’s crisis stems from the political power of 10 “oligarchs,” billionaires in a society with vast income inequality. It is a future that Americans seem headed toward, as one U.S. “oligarch,” Sheldon Adelson, picks his Republican presidential favorite, notes ex-CIA analyst Paul R. Pillar.
Exclusive: The mainstream U.S. press explains the overwhelming Crimean vote to leave Ukraine as vote-rigging or coercion, but the reality is that “European aspirations” are not so attractive to people aware of the painful life for many in the EU’s “periphery,” from Spain to Greece, as Andrés Cala reports.