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October 27, 2016
Truthdig: Drilling Beneath the Headlines
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Oklahoma City: What the Investigation Missed—and Why It Still Matters

Oklahoma City: What the Investigation Missed—and Why It Still Matters

Andrew Gumbel (Author), Roger G. Charles (Author)

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Tag: Wall Street

Robert Scheer and David Dayen Uncover Untold Stories of the Mortgage Crisis

In this week’s episode of “Scheer Intelligence,” the Truthdig editor in chief speaks with the author of the book “Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud.” Transcript added.

Posted on Oct 21, 2016 WATCH & LISTEN


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To Understand Today’s World—Syria, Brexit, Even Trump—Watch This Adam Curtis Film (Video)

In “Hypernormalisation,” the British documentary filmmaker delves into the intricacies of a “strange time” in which “extraordinary events keep happening that undermine the stability of our world” while “those in control seem unable to deal ... and no one has any vision of a different or a better kind of future.”

Posted on Oct 19, 2016 READ MORE

‘On Contact’: Chris Hedges and David Cay Johnston Examine Our ‘Rigged’ Tax System

The journalists discuss how the superrich—including Republican presidential nominee Donald Trump—take advantage of America’s tax laws.

Posted on Oct 18, 2016 WATCH & LISTEN

The Ascendance of Hillary Clinton and Paul Ryan Will Mark a Win for Big Business and Wall Street

The Democratic candidate won’t be the only winner when Donald Trump and his fellow haters are defeated on Election Day (as looks increasingly likely).

Posted on Oct 17, 2016 READ MORE

Fact-Checking Donald Trump and Hillary Clinton on the Billionaires’ Tax Break

When the presidential candidates vowed in their second debate to eliminate the “carried-interest” loophole, they left out some important context.

Posted on Oct 16, 2016 READ MORE

What We Know So Far About the Hillary Clinton Campaign’s Leaked Emails

Lee Fang of The Intercept, co-author of the article “Memo Shows What Major Donors Like Goldman Sachs Want From Democratic Party,” discusses what are largely confirmations about Clinton’s relationship with Wall Street, fossil fuels and more.

Posted on Oct 15, 2016 WATCH & LISTEN

Are Elections Less Important Than Ever in the Age of Trump?

What we do after Nov. 8 may be even more important than the ballots we cast.

Posted on Oct 13, 2016 READ MORE

Ruling Against Wall Street Watchdog Decried as ‘Reckless and Partisan’

A three-judge panel said Tuesday that the Consumer Financial Protection Bureau, brainchild of Sen. Elizabeth Warren, has an unconstitutional structure.

Posted on Oct 11, 2016 READ MORE

Read Segments of Hillary Clinton’s Wall Street Speeches Released by WikiLeaks

A single email attachment, released by the organization in its “Podesta Emails” leak, gives readers insight into many of Clinton’s policy positions.

Posted on Oct 11, 2016 READ MORE

It’s Time for Congress to Stop Hollering at CEOs and Actually Take Action

Instead of setting up further rounds of CEO perp walks for the TV cameras, Congress should give the Justice Department and regulatory agencies enough funding to do their jobs.

Posted on Sep 26, 2016 READ MORE

Keep Calm and Vote Green: Fascism Is Not Coming

The Trump phenomenon is terrible, but now is no time for lesser-evil voting. A dictatorship is not knocking at the door in the United States.

Posted on Sep 23, 2016 READ MORE

Elizabeth Warren Skewers Wells Fargo CEO, Accusing Him of Greed and ‘Gutless Leadership’ (Video)

“You should resign, you should give back the money you took while this scam was going on and you should be criminally investigated by both the Department of Justice and the Securities and Exchange Commission.”

Posted on Sep 20, 2016 READ MORE

The Courtiers and the Tyrants

We must not confuse the political elites who function as courtiers to corporate power with the tyrannical leaders who actually drive corporatism. Our real enemy, lurking behind the curtain, is usually faceless and anonymous.

Posted on Sep 18, 2016 READ MORE

Wall Street Is Prepared to Destroy Sacred Burial Grounds of the Sioux

The lineup of Dakota Access pipeline investors reads like a who’s who of the world’s big banksters. Their contributions continue a ruthless American tradition of racism, fascism and corporatism toward indigenous people and their land.

Posted on Sep 16, 2016 READ MORE

Elizabeth Warren Demands Investigation Into President Obama’s Failure to Jail the Banksters

“I can think of no matter of ‘intense public interest’ about which ‘the American people deserve the details’ than the issue of what precisely happened to the criminal referrals that followed the 2008 crash.”

Posted on Sep 15, 2016 READ MORE

Dummy Accounts

Posted on Sep 10, 2016 ENLARGE

This Election Is Hillary Clinton’s to Lose, and She’s Screwing It Up

If the United States ends up with President Trump, the Democratic nominee and her party will have no one to blame but themselves for refusing to compromise their allegiances to Wall Street and morally bankrupt, center-right, establishment positions.

Posted on Sep 8, 2016 READ MORE

Why Are Private Equity Titans Giving All Their Campaign Money to Hillary Clinton?

The Democratic candidate has gone even further than Donald Trump in promising to kill a tax break that benefits some of the wealthiest people in finance, and yet she is receiving all of the private equity industry’s support.

Posted on Sep 8, 2016 READ MORE

One Big Bill Clinton Campaign Promise That a President Hillary Should Finally Keep

If elected, Hillary Clinton should fulfill a pledge of her husband’s that fell through when he got to the White House: Bar companies from taking tax deductions on executive pay above $1 million.

Posted on Sep 8, 2016 READ MORE

The Verdict Is In: Wall Street Is Pretty Much Useless

A writer poses an important question: Does Wall Street do anything useful?; researchers are befuddled by some people’s love of chilies, fruits that were “made to repel”; meanwhile, technology has created a crisis of masculinity similar to that of the industrial era. These discoveries and more after the jump.

Posted on Sep 7, 2016 READ MORE

Taxpayers Are Subsidizing Bonuses for Wall Street CEOs

A little-known section of the U.S. tax code “created a legal process by which publicly held companies can lower their tax bills by boosting CEO pay,” reports George Zornick at The Nation. (Pictured: John Stumpf, Wells Fargo chairman and CEO.)

Posted on Sep 5, 2016 READ MORE

It Takes a Ruling-Class Village to Staff the White House

Forget all the populist talk we’ve been hearing from Hillary Clinton and her cohorts, and follow the money to find out where the ruling elite’s loyalties truly lie.

Posted on Aug 28, 2016 READ MORE

Clinton and Trump Are Rich and Pals of the Rich—and That Could Be a Huge Problem for the Nation

Whatever the differences between the two nominees, either will function as an emissary of the powerful who control America. That’s the conflict of interest we all should be talking about.

Posted on Aug 21, 2016 READ MORE

Trumpism: Made in the United States by Republican Hate and Democratic Hypocrisy

Mainstream Democrats have exaggerated the extent of white working-class support for Donald Trump. They also fail to understand the sources of the white proletarian Trumpism that do exist.

Posted on Aug 16, 2016 READ MORE

With Trump Sure to Lose, Forget About a Progressive Clinton

“What seems most plausible from the current standpoint is a landslide for Clinton, and with it the triumph of complacent neoliberal orthodoxy,” writes Thomas Frank at The Guardian.

Posted on Aug 15, 2016 READ MORE

John Oliver: We Should Be Worried About the Subprime Car Loan Bubble That’s About to Burst (Video)

In a scary and important episode, the “Last Week Tonight” host sounds a warning about a boom in subprime automobile loans that promises to make “your eye twitch with flashbacks to the mortgage crisis.”

Posted on Aug 15, 2016 WATCH & LISTEN

Why a Tax on Wall Street Trades Is a Great Idea (Video)

By Robert Reich /

One of Bernie Sanders’ most important proposals didn’t receive enough attention and should become law.

Posted on Aug 14, 2016 WATCH & LISTEN

Progressives Urge Clinton Not to Appoint a Wall Street Cabinet

The Democratic presidential nominee should tap “executive branch appointees with a documented record of fighting for the public interest,” say progressives who recognize that “personnel is policy.”

Posted on Aug 11, 2016 READ MORE

Comments of the Week: Getting Down to Business

The national mood is charged with tension and anticipation, and this latest roundup of notable and quotable comments certainly picked up on it.

Posted on Aug 10, 2016 READ MORE

Forget Clinton’s and Trump’s Plans for the Economy: It’s Time to Erase Debt and Create Jobs

More than 100 years ago, Congress surrendered the power to create money to private banks. If we take it back, we can extinguish debt, rebuild public infrastructure and propel the economy forward like a rocket.

Posted on Aug 5, 2016 READ MORE

The Democratic Convention Film on Hillary Clinton Lied to America

The short movie claimed that the Children’s Defense Fund was the essence of Clinton’s early career—and avoided the ugly fact that she betrayed the beneficiaries of that fund and all children in poverty, beginning as first lady of Arkansas.

Posted on Aug 1, 2016 READ MORE

‘Equity’ Film Review: Women Bare Their Teeth in Wall Street’s Shark Tank

This female-driven thriller, starring Anna Gunn of “Breaking Bad” fame, is a study of a cutthroat species in its natural habitat and plays on expectations and conventions with some surprising twists.

Posted on Jul 28, 2016 READ MORE

Robert Scheer Questions Lawrence Summers and Michael Blumenthal on the 2008 Financial Crash (Video)

On Day 3 of the Democratic National Convention, Truthdig’s editor in chief confronted the two former Treasury secretaries about the role financial deregulation played in the Wall Street crash.

Posted on Jul 27, 2016 WATCH & LISTEN

The 1 Percent’s Useful Idiots

Bernie Sanders, by capitulating to the corporate machine, sold us out. By calling on us to accept “reality,” he mocked the reality his followers made possible. We will have to carry out the political revolution on our own.

Posted on Jul 26, 2016 READ MORE

The Most Surprising Aspect of the GOP Platform? A Call to Revive Glass-Steagall

Donald Trump and archnemesis Sen. Elizabeth Warren of Massachusetts actually agree on this banking policy proposal.

Posted on Jul 21, 2016 READ MORE

Bernie Sanders’ Endgame Is an Opportunity for the Radical Left

The fundamental premise of Sanders’ campaign—that his “political revolution” can be accomplished within the confines of capitalism—is incorrect. That will soon be clear.

Posted on Jul 20, 2016 READ MORE

Berned Out? Don’t Mourn—Organize

Fighting to uphold our values is a lifetime commitment and requires year-round work. If we want Bernie Sanders’ stated goals to be realized, we have to work hard to manifest them.

Posted on Jul 14, 2016 READ MORE

Denmark Is One of the Biggest Victims of Wall Street Tax Avoidance Deals

The complex transactions add up to a major loss of revenue from dividend taxes.

Posted on Jul 14, 2016 READ MORE

Et Tu, Bernie?

It is one thing to hold one’s nose and vote for Hillary Clinton as the lesser evil. It is quite another to suddenly absolve the Clintons, who have, as Bernie Sanders repeatedly pointed out, contributed so much to the national crisis.

Posted on Jul 12, 2016 READ MORE

In a Rigged System, Hillary Clinton Is Too Big to Indict

A few years ago, some banks were bailed out because they were too big to fail, and now the presumptive Democratic nominee has been given a pass in her “extremely careless” handling of classified information.

Posted on Jul 5, 2016 READ MORE

Revealed: How Wall Street and the Government Profit From Student Debt

In a riveting article by The Center for Investigative Reporting, authors James B. Steele and Lance Williams detail how indebted students suffer as others cash in.

Posted on Jun 29, 2016 READ MORE

2008 All Over Again

Great Britain’s decision to leave the European Union presages perhaps another global financial meltdown. Banks will again demand massive bailouts. We will be forced to again swallow austerity measures, and there will be a continued decline in living standards.

Posted on Jun 24, 2016 READ MORE

New Clinton Endorsements Prompt Questions About Where She Stands

Many Wall Street leaders have expressed their distaste for a potential Elizabeth Warren vice presidency, but some think otherwise. And Wednesday’s thumbs-up by a top George H.W. Bush adviser is also raising eyebrows.

Posted on Jun 22, 2016 READ MORE

Thomas Frank: The U.S. Economy Will Get Worse Under Hillary Clinton

As Clinton exploit fears of a Trump presidency to gain the favor of American voters, author Thomas Frank reminds “Democracy Now!” audiences of the “class solidarity between the kind of people that fill Democratic administrations these days” and “the people on Wall Street.”

Posted on Jun 22, 2016 WATCH & LISTEN

Public Banks as the Antithesis of Neoliberalism

Public banks give people the right to share in sustainable abundance—a goal that neoliberalism makes impossible.

Posted on Jun 15, 2016 READ MORE

AUDIO: Robert Scheer Speaks With Nomi Prins About the Connection Between Washington and Wall Street

In this week’s “Scheer Intelligence”—the Truthdig editor in chief’s podcast on KCRW—author, journalist and former investment banker Nomi Prins explains the culture of Wall Street and its influence on government.

Posted on Jun 1, 2016 WATCH & LISTEN

Guess Which Presidential Candidate Top CEOs Prefer? Hint: It’s Not Donald Trump

More than half of Fortune 500 executives said they’d choose Hillary Clinton over Trump in a hypothetical general election.

Posted on Jun 1, 2016 READ MORE

Bernie Sanders Slams The New York Times for Ignoring ‘Real Issues’

“I have a real problem with The New York Times, which from day one has been trying to be very dismissive of our campaign and has been very negative about our campaign,” Sanders told “Meet the Press” on Sunday.

Posted on May 30, 2016 READ MORE

Big Pharma Is Pushing Prescription Drug Prices Up, Up, Up

Wall Street’s drive for profits is diminishing the benefits to society of new life-enhancing medications for which companies can charge patients hundreds of thousands of dollars per year.

Posted on May 25, 2016 READ MORE

Why Bernie Sanders Should Stay in the Race—and How He Can Win

By joining forces with the Green Party’s Jill Stein, the Vermont senator would pose a formidable independent challenge to both Donald Trump and Hillary Clinton, two of the major parties’ most unpopular candidates in recent history.

Posted on May 13, 2016 READ MORE

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