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…
How Debt Conquered America
Tag: Wall Street
Hillary Clinton’s Sincerity Question
As Hillary Clinton talks up her commitment to economic and social justice, the big question for Democrats is: Does she means what she says or is she just mouthing words to block challengers from her left, as Bill Moyers and…
Reconstructing Democracy
American government increasingly bent to the whims and desires of the wealthy is emerging as a populist issue among pro-democracy citizens who favor the old idea of government for the people, as Michael Winship describes.
Gen. Petraeus: Too Big to Jail
From the Archive: Retired Gen. David Petraeus confessed on Thursday to giving sensitive government secrets to his mistress and then lying about it to the FBI, but will get no jail time, only two years probation and a fine, showing…
Will ‘Too-Big-to-Fail’ Banks Fail Again?
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.
Much Bank Crime, Little Punishment
Wall Street banks made a bundle on securitized subprime mortgages until the bubble began to burst in 2007 inflicting devastating harm on average people around the world. Yet, despite government rhetoric to the contrary, the key culprits have escaped punishment,…
How Wall St. Bailed Out the Nazis
Exclusive: The amoral calculations of Wall Street insiders guided Washington’s post-World War II decision to give many Nazi war criminals a pass if they’d help in the Cold War against the world’s socialist movements. CIA Director Allen Dulles was just…
Ecocide and the Soul of a Nation
At the front of the political madness enveloping the United States are anti-government, anti-science extremists who reject evidence of global warming and block any response to this existential threat. But the disconnect between environmental destruction and today’s humanity goes deeper,…
The Folly of ‘Self-Regulation’
The recent loss of human life in Bangladesh sweatshops and the 2008 Wall Street meltdown that devastated the world’s economy should demonstrate that relying on corporate executives to “self-regulate” is a deadly and dangerous way to protect the broader society, as Michael Winship…
The SEC’s Golden Revolving Door
Many Americans are still shocked that Wall Street bankers who ruined the economy escaped any serious punishment from government regulators. But one problem is that many of those regulators, including the new choice to head the SEC, have been rotating…