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,…
Tag: Wall Street
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…
The Choice of Guns Over Butter
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…
How FBI Monitored Occupy Movement
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.
At Year’s End, the ‘News’ Fails
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,…
Bankster Justice Very Much Delayed
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…
Dim Tidings of Political Disconnect
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…
Lessons from Gov. Walker’s Win
Exclusive: Wisconsin Gov. Scott Walker, the new rock-star of the Republican Right, rode a wave of corporate money and anti-union sentiment to a recall victory. But his win could wake up progressives to the need for more media outreach to educate citizens on…
New Voice for Jailing Bank Execs
In a new book, Predator Nation, Charles Ferguson (who directed the Oscar-winning film “Inside Job”) says banking executives implicated in the fraud that devastated the economy in 2008 should go to jail, a position applauded by Danny Schechter, who has…