In America, bubbles come in two forms: how Wall Street insiders suck in a sucker’s money before the speculative bubble pops and how those same scam artists stay inside a protective bubble to spare themselves from the fallout. In this autumn of national discontent, Phil Rockstroh sees hope for real change.
The “99 Percent” movement continues to grow, surfacing not only in New York, Washington and other major cities like Boston, Chicago and Los Angeles – but in smaller cities, even in conservative bastions like Tulsa, Oklahoma, as Richard L. Fricker reports.
Exclusive: For three decades, the United States has undertaken an extraordinary social experiment, incentivizing greed among the richest Americans by cutting their top tax rates in half or more. The results are now in from Ronald Reagan’s bold gamble and Robert Parry says they aren’t good.
As the Occupy Wall Street and other populist protests grow, the role of police – in either allowing dissent or crushing it – will be at center stage. In that regard, Gary G. Kohls sees valuable lessons from the Holocaust drama, “Sarah’s Key.”
The economic distress caused by out-of-control Wall Street greed finally has prompted a dramatic public response in the form of protesters occupying a park in the Financial District of New York City. Slowly, the movement has attracted broader support, reports Danny Schechter.