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Tim Pierce (CC-BY)

Elizabeth Warren Is the Star of This Show

Sen. Elizabeth Warren says she isn’t running for president. At this rate, however, she may have to.

Posted on Oct 20, 2014 READ MORE



White House/Pete Souza

Where’s the Gratitude?

President Obama is clearly frustrated that having inherited an economy that was at death’s door, he is getting remarkably little credit for getting it back on its feet.

Posted on Oct 6, 2014 READ MORE



Ryan Johnson (CC-BY-SA)

Eric Holder and RFK’s Legacy

When he announced his leave-taking last week, Attorney General Eric Holder spoke of Robert F. Kennedy as his inspiration for believing that the Justice Department “can and must always be a force for that which is right.”

Posted on Sep 29, 2014 READ MORE



Shutterstock

A Pension Jackpot for Wall Street

Most consumers understand that when you pay an above-market premium, you shouldn’t expect to get a below-average product. Why, then, is this principle often ignored when it comes to managing billions of dollars in public pension systems?

Posted on Sep 26, 2014 READ MORE



Global Warming and Global Warring

Hours after 400,000 people joined in the largest climate march in history, the United States began bombing Syria, starting yet another war.

Posted on Sep 24, 2014 READ MORE



Denis Kornilov / Shutterstock.com

The Mystifying Election

There is something deeply satisfying about the troubles punditry is having in nailing down exactly what’s happening in the 2014 elections.

Posted on Sep 22, 2014 READ MORE



One Way or Another, Everything Changes

From the author of “The Shock Doctrine,” here is the introduction to Naomi Klein’s new book, “This Changes Everything: Capitalism vs. the Climate.”

Posted on Sep 17, 2014 READ MORE



A Climate Week to Change Everything

The climate crisis is worsening faster than predicted, by every scientific measure, and is paralleled by another crisis: the failure of the U.N. climate negotiation process.

Posted on Sep 17, 2014 READ MORE



JStone / Shutterstock.com

Why Does Hillary Clinton Want to Run For President?

Judging by her weekend appearance in Iowa, it looks as if Hillary Clinton is indeed running for president. Now she has to answer one simple question: Why?

Posted on Sep 15, 2014 READ MORE



Study: American Democracy ‘Seriously Threatened’

A pair of researchers have a handy tip for those Americans still attached to the notion that we live in a representative democracy: Get ready to kiss that notion goodbye.

Posted on Aug 27, 2014 READ MORE



Shutterstock

Journalists on the Government’s Blacklist

As states move to hide details of government deals with Wall Street, and as politicians come up with new arguments to defend secrecy, a study released earlier this month revealed that many government information officers block specific journalists they don’t like from accessing information.

Posted on Aug 22, 2014 READ MORE



L.E.MORMILE / Shutterstock.com

Is Corruption a Constitutional Right?

Last week, the GOP filed a federal lawsuit aimed at overturning the pay-to-play law that bars governors from raising campaign money from Wall Street executives who manage their states’ pension funds.

Posted on Aug 15, 2014 READ MORE



Alan Freed / Shutterstock.com

Clinton vs. Warren: Big Differences, Despite Claims to the Contrary

Hillary Clinton’s political allies want Democratic primary voters to believe that the former secretary of state is just like populist Massachusetts senator Elizabeth Warren, and they’ve been claiming that there are no differences between the two possible presidential contenders. There’s just one problem: That’s not true.

Posted on Aug 1, 2014 READ MORE



Screen shot

Anti-Semites Exploit Israel’s Gaza Incursion

Israeli attacks on a hospital and refugee camp playground in Gaza on Monday brought the total of Palestinian dead to 1,200, with more no doubt to come.

Posted on Jul 29, 2014 READ MORE



White House/Pete Souza

Thomas Frank: ‘An Ineffective and Gutless Presidency’s Legacy Is Failure’

The Salon columnist imagines President Obama’s inevitable library, and how it will cope with the transition of “an unlikely champion” of the masses to “the only thing between [Wall Street] and the pitchforks.”

Posted on Jul 22, 2014 READ MORE



British PM Cameron Enabling Wall Street’s Takeover of National Health Service

The U.K.’s cherished public health service is in danger of being sold off to private corporations via a trade deal that would create a single market between the European Union and the United States and open future British governments to massive lawsuits in international courts should they attempt to reverse the decision.

Posted on Jul 19, 2014 READ MORE



Radu Bercan / Shutterstock.com

Citigroup: The Original Gangsta

The prototypical too-big-to-fail bank will pay $7 billion in fines, a move that will avoid a humiliating trial dealing with its role in the financial meltdown.

Posted on Jul 14, 2014 READ MORE



Investors Smell Money in Urgent Care

Valued at an estimated $14.5 billion, urgent care walk-in clinics represent one of the fastest-growing segments of American health care. And Wall Street has noticed.

Posted on Jul 10, 2014 READ MORE



JStone / Shutterstock.com

Hillary Is Not Finished

In politics, as in many endeavors, it helps to be underestimated. In this sense, Hillary Clinton is doing great.

Posted on Jul 1, 2014 READ MORE



Dirk Loop (CC-BY)

The Vital Incoherent Center

Here’s one political paradox: A substantial majority of Americans do not fit neatly into the conventional “liberal” and “conservative” boxes, yet there is no coherent political center. Those who dream of a middle-of-the-road third party are destined to be disappointed.

Posted on Jun 30, 2014 READ MORE



Hillary’s Hardest Choice (and the Democrats’ Dilemma)

What’s the reason for the tempest in the teapot of Hillary and Bill Clinton’s personal finances?

Posted on Jun 30, 2014 READ MORE



A Year of Living Negatively

The prospect of months of attacks and more attacks reflects the depth of disillusionment with Washington.

Posted on Jun 23, 2014 READ MORE



Shutterstock

How America’s Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 18, 2014 READ MORE



Shutterstock

The Three Biggest Right-Wing Lies About Poverty

Rather than confront poverty by extending jobless benefits to the long-term unemployed, endorsing a higher minimum wage or supporting jobs programs, conservative Republicans are taking a different tack.

Posted on Jun 16, 2014 READ MORE



stocklight / Shutterstock.com

Al Gore’s Warnings About Inequality and Democracy

The former vice president recently told a tech industry conference when “95 percent of all the additional national income in the U.S., since the recovery began in ’09, goes to the top 1 percent, that’s not an Occupy Wall Street slogan, that’s a fact.”

Posted on Jun 13, 2014 READ MORE



Marcio Jose Bastos Silva / Shutterstock.com

Private Equity Is Becoming a Public Problem

A few weeks ago, a top official at the Securities and Exchange Commission reported on what he called a “remarkable” amount of potentially illegal behavior in the private equity industry—aka the industry that buys up, changes and sells off smaller companies.

Posted on Jun 6, 2014 READ MORE



Chris Hedges Introduces ‘The Occupy Portraits’ (Video)

When photos of violence against Occupy Wall Street protesters began to appear in The New York Times, Los Angeles photographer Annie Appel set out to capture the faces and record the hopes of participants in 12 American cities. The result is a 572-page ready-to-print book, with a foreword from Truthdig columnist Chris Hedges.

Posted on Jun 2, 2014 READ MORE



Shutterstock

Poll: Americans Continue to Worry About the Economy

The stock market has been soaring for the last five years, but Americans overall take a negative view of the economy.

Posted on May 28, 2014 READ MORE


The Top 40 Threats to Free Speech

This week on Truthdig Radio in association with KPFK: What do sex-obsessed nipplephobes and Director of National Intelligence James Clapper have in common? Also: Why the U.S. won’t give American banks the Credit Suisse treatment, and the logic behind Elizabeth Warren for president.

Posted on May 23, 2014 READ MORE


The Top 40 Threats to Free Speech

This week on Truthdig Radio in association with KPFK: What do sex-obsessed nipplephobes and Director of National Intelligence James Clapper have in common? Also: Why the U.S. won’t give American banks the Credit Suisse treatment, and the logic behind Elizabeth Warren for president.

Posted on May 23, 2014 READ MORE



L.E.MORMILE / Shutterstock.com

Imagine Christie’s Budget Crisis on a National Scale

Two key decisions by the New Jersey governor have redistributed wealth from pensioners to hedge fund managers while throwing the state’s finances into chaos.

Posted on May 23, 2014 READ MORE



Are Public Banks Unconstitutional? No. Are Private Banks? Maybe

The movement to break away from Wall Street and form publicly owned banks continues to gain momentum. But enthusiasts are deterred by claims that a state-owned bank would violate constitutional prohibitions against “lending the credit of the state.”

Posted on May 18, 2014 READ MORE



Shutterstock

Is Journalism Losing Its Nerve?

A new survey from Indiana University suggests things are fast changing in the news industry—and not for the better.

Posted on May 15, 2014 READ MORE



Gil C / Shutterstock.com

The Two GOP Establishments

The language commonly used to describe the battle going on inside the Republican Party is wrong and misleading. The fights this spring are not between “the grass roots” and “the establishment,” but between two establishment factions spending vast sums to gain the upper hand.

Posted on May 15, 2014 READ MORE



White House/Pete Souza

Geithner Tacitly Acknowledges Special Relationship With Citigroup

In his new book, former New York Fed chair and Treasury Secretary Timothy Geithner suggests that his relationship with Citigroup executive Robert Rubin did affect his supervision of the bank, which taxpayers ultimately bailed out with $45 billion.

Posted on May 14, 2014 READ MORE



AP/Manuel Balce Ceneta

Impeach Clarence Thomas?

While the Constitution allows even Supreme Court justices to be impeached, it has happened only once in our nation’s history.

Posted on May 12, 2014 READ MORE



Christopher Halloran / Shutterstock.com

Mitt Romney Backs Minimum Wage Increase, Promises Not to Run for President

Last season’s GOP presidential nominee has said for at least the third time that he is definitely not running again in 2016. More interestingly, he is the latest Republican to call for an increase in the minimum wage.

Posted on May 9, 2014 READ MORE



Shutterstock

An L.A. Story That’s All Too Familiar

When a city is forced to spend more on Wall Street fees than on basic public services, it is the sign of trouble.

Posted on May 9, 2014 READ MORE



Why Jerry Brown’s Rainy Day Fund Is a Bad Idea

There is no need to sequester funds urgently needed by Main Street to pay for Wall Street’s malfeasance. Californians can have their cake and eat it too—with a state-owned bank.

Posted on May 8, 2014 READ MORE



Shutterstock

All the Presidents’ Bankers: The Hidden Alliances That Drive American Power

In this excerpt from her best-selling new book, Nomi Prins writes about the period during the administration of Lyndon Johnson when bankers began to move away from the president as they saw their global ambitions hemmed in by the Vietnam War.

Posted on May 6, 2014 READ MORE



AP Photo/Robert F. Bukaty

Rupert Murdoch on His Date With Rand Paul: ‘I’m Very Open Minded’

The media tycoon may have found a racehorse he can ride all the way into the White House, at the Kentucky Derby of all places.

Posted on May 5, 2014 READ MORE



Prosecutors May Finally Go After Criminal Mega-Banks

The biggest banks pose a challenge for prosecutors.

Posted on Apr 30, 2014 READ MORE



mistydawnphoto / Shutterstock.com

Wall Street Republicans Prefer Hillary Clinton to Elizabeth Warren or Rand Paul

For Republican financiers, Hillary Clinton is apparently the next best thing to Jeb Bush and Chris Christie.

Posted on Apr 28, 2014 READ MORE



i4lcocl2 / Shutterstock.com

Wall Street’s Secret Swindle

In the national debate over what to do about public pension shortfalls, here’s something you may not know: The texts of the agreements signed between those pension funds and financial firms are almost always secret.

Posted on Apr 25, 2014 READ MORE



Wall Street Greed: Not Too Big for a California Jury

Sixteen of the world’s largest banks have been caught colluding to rig global interest rates. Why are we doing business with a corrupt global banking cartel?

Posted on Apr 25, 2014 READ MORE



Shutterstock

FCC Chairman Wants to Help Your Cable Company Screw Up the Internet

A proposal by FCC chair Tom Wheeler obtained by The Wall Street Journal would allow companies such as Comcast to finally kill net neutrality.

Posted on Apr 23, 2014 READ MORE



Clinton’s Advisory Team Pressed for Wall Street Deregulation, Documents Show

New documents reveal the back story of how Wall Street deregulation was pushed by the advisers of President Clinton.

Posted on Apr 21, 2014 READ MORE


The Divide

Posted on Apr 18, 2014 READ MORE



The Divide

Matt Taibbi’s new book is more Lincoln Steffens than Hunter Thompson, dropping most of the histrionics to explore why Wall Street bankers are seemingly exempt from criminal prosecution.

Posted on Apr 18, 2014 READ MORE



The Myth of Human Progress and the Collapse of Complex Societies (VIDEO)

In “Moby Dick,” Herman Melville makes our murderous obsessions, our hubris, violent impulses, moral weakness and inevitable self-destruction visible in his chronicle of a whaling voyage. He is our foremost oracle.

Posted on Apr 13, 2014 READ MORE


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