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,…
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…
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 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…
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…
The American political system continues to ignore President Eisenhower’s dour warning about the Military-Industrial Complex and embrace President Reagan’s happy “We’re No. 1” illusions. The long-term consequences of this choice have been devastating to most U.S. citizens and to the world, writes…
The FBI and other federal agencies coordinated with banks and local authorities in reacting to the Occupy Movement, which was put in the category of a domestic terrorist threat despite the group’s advocacy of nonviolence, Dennis J. Bernstein reports.
The end of the year brings reflection on what happened in the past 12 months and what lies ahead. But these retrospectives usually offer no more context and often less than the thin gruel of news as the events played out,…
After years of tip-toeing around the too-big-to-fail banks despite their key role in devastating the world’s economy the U.S. government has finally signaled a couple of fraud prosecutions. However, the effort is not only way too late, but way too…
The insertion of false narratives is a powerful way to control populations, a technique that today’s American Right has perfected in persuading much of the population that global warming is a hoax and “the market’s invisible hand” is real, a dilemma of the…