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By Robert Scheer
By Eugene Rogan
$23.10
$17
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By Richard Reeves — Times are tough. Do the numbers: Chief executive officers of the country’s biggest companies experienced pay increases of a minuscule 15 percent in 2012, compared with the 28 percent their pay rose in 2011.
Posted on Apr 26, 2013
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Danny Birchall (CC-BY)
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By Joe Conason — Amid all the suffocating claptrap celebrating Margaret Thatcher in the media, only the British themselves seem able to provide a refreshing hit of brisk reality.
Posted on Apr 11, 2013
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Expressing concerns that “too big too fail” banks have also become “too big to jail,” Sen. Bernie Sanders, I-Vt., said Wednesday that he will introduce legislation to break up the nation’s biggest financial institutions.
Posted on Mar 28, 2013
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flickr/elycefeliz
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By Ralph Nader —
Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time.
Posted on Mar 28, 2013
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AP/Osamu Honda
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By Robert Scheer — Where is the Occupy movement now that the depravity of the super rich is on full display?
Posted on Mar 5, 2013
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David Ohmer (CC-BY)
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Praise be to MarketWatch columnist Brett Arends, who has written a biblically funny sendup of the finance industry.
Posted on Feb 12, 2013
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AP/Mark Lennihan
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By Robert Scheer — Reports in the business press tout a prime participant in the great banking hustle as a possible candidate to be the next Treasury secretary.
Posted on Dec 7, 2012
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Flickr/Fortune Live Media
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A group of corporate CEOs that contributed to the burgeoning deficit crisis want the poor and elderly to largely pay for the mess the greedy Wall Street fat cats helped create.
Posted on Nov 26, 2012
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Photo by fvancini (CC-BY)
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Oil tycoon J. Paul Getty wanted his museum, one of the richest around, to be free to the public, but the people who run the institution’s two locations in Los Angeles have found a clever way to profit from more than a million annual visitors.
Posted on Sep 11, 2012
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AP/Stephanie Keith
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By Chris Hedges — Retired Episcopal Bishop George Packard was arrested for the second time as part of the Occupy protests. His moral and intellectual courage stands in stark contrast with the timidity of nearly all clergy and congregants in all of our major religious institutions.
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“60 Minutes” digs into the collapse of Lehman Brothers, and more specifically the government’s decision not to prosecute the managers of the failed investment bank or its accounting firm.
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Manny Francisco, Manila, The Philippines —
Posted on Mar 20, 2012
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AP / Mark Lennihan
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By Robert Scheer — By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith.
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AP / Mark J. Terrill
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By Jim Lair Beard — You are not a patriot if you prize profits over people. You are a hoarder of wealth.
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AP / Kin Cheung
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We’ve learned a lot in the last few weeks about the inhumane treatment suffered by the workers who polish, assemble and build Apple’s iPhones and iPads. Troubled consumers have generously offered to pay more for those products to offset the cost to Apple should it choose to treat its workers fairly, but there’s really no need. (more)
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AP / Damian Dovarganes
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By Robert Scheer — There is no three-strikes law for crooked bankers, who usually get off with a fine and a promise not to do it again, and again and again.
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Last Thursday, Chris Hedges, Cornel West and others held a mock trial of Goldman Sachs in Zuccotti Park.
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Last week on Truthdig Radio in association with KPFK, the columnists had an in-depth discussion about the Occupy movement and the ruling class, which Hedges said is “totally divorced from what’s happening.”
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Photo illustration from an image by Colin Grey
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Last week on Truthdig Radio in association with KPFK, the columnists had an in-depth discussion about the Occupy movement and the ruling class, which Hedges said is “totally divorced from what’s happening.”
Posted on Nov 1, 2011
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AP / Mary Altaffer
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By Christopher Ketcham — The occupiers have made it known in a most disrespectful manner that the parasite class is not welcome anymore. That’s a good start.
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Sunny Ripert (CC-BY-SA)
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Truthdig contributor Christopher Ketcham was born in New York and he has watched it turn into America’s “most unequal city,” what he calls “a banana republic without the death squads.” And that’s not just his opinion—facts and figures trace the cultural decline of America’s original metropolis.
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White House / Pete Souza
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By E.J. Dionne, Jr. — You can’t accuse a big capitalist of “class warfare.” That’s why the right wing despises Warren Buffett and is trying so hard to shut him up.
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The Truthdig columnist sits in with protesters and says the power elite are “very, very frightened,” adding, “They do not want movements like this to grow.”
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Bob Englehart, Cagle Cartoons, The Hartford Courant —
Posted on Sep 22, 2011
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AP / Pablo Martinez Monsivais
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By Robert Scheer — Obama’s gutless decision to abandon Elizabeth Warren comes after the president populated his administration with the very people who created the financial meltdown.
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By David Sirota — As the deficit has exploded, incriminating facts have leaked out showing that many corporations pay more to their executives than they pay in taxes (and many firms pay no corporate income tax at all).
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Mr. Fish
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By Chris Hedges — The liberal class, which attempted last week to discredit the words my friend Cornel West spoke about Barack Obama and the Democratic Party, prefers comfort and privilege to justice, truth and confrontation.
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Oisin Prendiville (CC-BY-SA)
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These are remarks Chris Hedges made in Union Square in New York City last Friday during a protest outside a branch office of the Bank of America.
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By David Sirota — Decisions by bought-off elected officials highlight a larger corporatist ideology—one that says attracting the best and brightest to the “greed is good” financial industry is more important than attracting that work force to common-good endeavors.
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By David Sirota — What would happen if the criminals who destroyed the economy were thrown in jail—or the electric chair? We’ll never know.
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By David Sirota — What could cause the intensifying politics of free-market fundamentalism at the very historical moment that proves the failure of such an ideology? Two new academic studies suggest all roads lead to ignorance.
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By Eugene Robinson — The crisis over faulty or fraudulent paperwork in mortgage foreclosures—which is either a big deal or a humongous deal, depending on which experts you believe—is the fault of arrogant, greedy lenders who played fast and loose with the basic property rights of homeowners.
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By Joe Conason — It certainly seems unlikely that David Koch has ever encountered any of the folks who turn up at a typical tea party event or that he has ever showed up at a congressional town hall meeting to scream about health care reform. For Koch, the tea partyers are merely pawns.
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Flickr / The Pug Father (CC-BY)
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Google and Verizon have decided they would do a better job writing the regulations that govern their Internet businesses, and so the two have come up with a “policy framework” that has progressive groups and net neutrality advocates steamed.
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U.S. Government via nytimes.com
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David H. Brooks did well enough selling body armor to the military to hire 50 Cent and Aerosmith to play at his daughter’s bat mitzvah. He wore a gem- and diamond-encrusted American flag belt buckle, lest his patriotism come under suspicion. Now he’s on trial for allegedly improperly putting millions on his expense account, for fraud and for insider trading.
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Fake News by Andy Borowitz —
Based on the record ratings for its special featuring LeBron James’ announcement of his new team, ESPN announced that instead of airing NBA games, it would schedule two-hour specials showing the rich guy cashing his ginormous paychecks.
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