President Trump blames Mexicans, Chinese and other foreigners for the plight of downwardly mobile Americans but the real culprits are his corporatist pals who grab the lion’s share of the wealth from U.S. global dominance, says JP Sottile.
Tag: Wall Street
Wall Street’s Win-Win with Trump
Exclusive: Most Wall Street bigwigs sided with Hillary Clinton in 2016 but now have adroitly shifted affections to Donald Trump whose populist rhetoric is giving way to another super-rich bonfire of the vanities, explains Mike Lofgren.
Anti-Trump Coalition Shows Cracks
When national Democrats are not blaming Vladimir Putin for Hillary Clinton’s defeat, they’re pointing fingers at anti-war Democrats and Greens who found Clinton’s hawkishness and corporatism unacceptable, notes Nat Parry.
Hillary-Kaine: Back to the Center
Hillary Clinton’s VP choice, Tim Kaine, is well liked Inside the Beltway, partly because he bends to pressure from Wall Street, DLC-style “centrists” and the austerity-pushing mainstream media, explains ex-bank regulator William K. Black.
Letting ‘Wall Street’ Walk
Legal double standards are the norm in the U.S. – no jail for law-flouting Wall Street bankers but mass incarceration for average citizens, especially minorities, who get caught up in the prison-industrial-complex, as Michael Brenner describes.
Geithner Gets Morgan-Chase Gravy
Despite the 2008 Wall Street crash and government promises of reform, the old back-scratching ways of special favors and influence are again in vogue – as if they were ever out of style, writes JP Sottile.
Deconstructing America’s ‘Deep State’
Americans perceive what has happened to their democratic Republic only dimly, tricked by rightists who call all collective government actions bad and by neoliberals who make “markets” a new-age god. But ex-congressional budget official Mike Lofgren shows how this “Deep State” really works, writes Chuck…
Shaking Up the Democratic Party
By demanding a “revolution” to shift power away from Wall Street, Sen. Sanders is attracting millions of young Americans who want fundamental change. He’s also upsetting the Democratic establishment which favors only incremental “reforms” acceptable to corporate interests, as Norman Solomon notes.
Betting on the Wall Street Crash
Exclusive: The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players…
How Debt Conquered America
Special Report: America presents itself to the world as “the land of the free” but for the vast majority it is a place of enslaving indebtedness, a reality for much of “the 99%” that has deep historical roots hidden or…