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By Janny Scott
$16.04
By Ryan Quinn
$14.99
$40
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AP/Alexander Zemlianichenko
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By Ivo Mijnssen — The collapse of the Cypriot banking system reveals much about the complex relationship among ordinary Russians, “offshore oligarchs” and a political system that depends on both.
Posted on May 14, 2013
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peasap (CC BY 2.0)
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By Ellen Brown, Web of Debt —
The new rules for keeping the too-big-to-fail banks alive allow for the use of creditor funds, including uninsured deposits, to recapitalize failing banks. In the event of another crisis, access to your money would depend on the security of the FDIC. The question, then, is how reliable is the FDIC?
Posted on Apr 30, 2013
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Kap, Cagle Cartoons, Spain —
Posted on Apr 22, 2013
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Kap, Cagle Cartoons, Spain —
Posted on Apr 14, 2013
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mahalie (CC BY-SA 2.0)
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By Ellen Brown, Web of Debt —
With taxpayer bailouts no longer an option, a major derivatives crisis could transfer money currently held by state and local governments and citizens—secured and unsecured, insured and uninsured—into the hands of derivative claimants.
Posted on Apr 10, 2013
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Tom Janssen, Cagle Cartoons, The Netherlands —
Posted on Apr 7, 2013
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Luojie, Cagle Cartoons, China Daily, China —
Posted on Apr 1, 2013
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Adam Zyglis, Cagle Cartoons, The Buffalo News —
Posted on Mar 30, 2013
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Christo Komarnitski, Cagle Cartoons, Bulgaria —
Posted on Mar 29, 2013
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eflon (CC BY 2.0)
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By Ellen Brown, Web of Debt —
Confiscating customer deposits in Cyprus banks was not a one-off, desperate idea of a few eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the U.S. Federal Deposit Insurance Corporation and the Bank of England, dated Dec. 10, 2012, shows these plans have been long in the making.
Posted on Mar 28, 2013
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Daryl Cagle, CagleCartoons.com —
Posted on Mar 24, 2013
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Tom Janssen, Cagle Cartoons, The Netherlands —
Posted on Mar 22, 2013
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loop_oh (CC BY-ND 2.0)
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By Ellen Brown, Web of Debt —
For now, the government of Cyprus has overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout. But if technocrat bankers can push through their confiscation scheme, precedent will be established for doing it elsewhere when bank bailouts become prohibitive for governments.
Posted on Mar 22, 2013
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Martin Sutovec, Cagle Cartoons, Slovakia —
Posted on Mar 21, 2013
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Tom Janssen, Cagle Cartoons, The Netherlands —
Posted on Mar 19, 2013
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Marching in Chicago: Resisting Rahm Emanuel’s Neoliberal Savagery
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