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Becoming Abigail

Becoming Abigail

By Chris Abani

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Tag: Wall Street


AP/Dima Gavrysh

For He’s a Jolly Good Scoundrel

The men most responsible for the collapse of the American dream are heaped with honors at the highest levels of society.

Posted on Apr 18, 2012 READ MORE



Photos by Gage Skidmore (CC-BY-SA)

The Two Mitts

It’s all over but the shouting, or, in this case, the polite applause: Mitt Romney is going to be the Republican presidential nominee. But which Mitt Romney? Will it be Mitt One or Mitt Two?

Posted on Apr 17, 2012 READ MORE



pameladrew212 (CC-BY)

Occupiers Shift to the Sidewalks

Expelled from their encampment at Zuccotti Park last November, protesters with Occupy Wall Street have taken to sleeping on the sidewalks of the financial center in lower Manhattan.

Posted on Apr 12, 2012 READ MORE



AP/Charles Dharapak

Obama by Default

The Republicans are a sick joke, and their narrow ideological stupidity has left rational voters no choice in the coming presidential election but Barack Obama.

Posted on Apr 4, 2012 READ MORE



Gage Skidmore (CC-BY-SA)

He’ll Still Be the Mitt We Know

The problem for Mitt Romney, assuming he eventually wins the GOP nomination, is that a general election campaign isn’t really like an Etch A Sketch. Alas, traces from the primaries linger.

Posted on Apr 3, 2012 READ MORE



Illustration by Mr. Fish

Someone You Love: Coming to a Gulag Near You

Our 16 national intelligence agencies and army of private contractors justify their existence by turning even the mundane into a potential threat. And by the time they finish, the nation will be a gulag.

Posted on Apr 2, 2012 READ MORE


Muppets Demand Justice From Goldman Sachs

The Muppets will not stand for the kind of insult that Goldman Sachs execs, according to famous defector and detractor Greg Smith, heaped on their felty heads by calling clients “Muppets” in a derogatory fashion.

Posted on Mar 27, 2012 READ MORE



Wikimedia Commons / Scrumshus

Congress Self-Corrects With Insider Trading Bill

Just in time for election year, the U.S. Senate successfully ushered a bill—the Stop Trading on Congressional Knowledge Act, cleverly abbreviated as the Stock Act—through to passage, and it now awaits final approval from President Obama.

Posted on Mar 23, 2012 READ MORE



AP / Steven Senne

Voters Have Two Candidates, No Choice

With Mitt Romney’s super-PAC limo now on cruise control to victory at the GOP convention, voters are left with only two reasons to vote against Barack Obama.

Posted on Mar 22, 2012 READ MORE


Goldman Sachs Pandora

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Posted on Mar 20, 2012 READ MORE


Goldman Sachs Muppets

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Posted on Mar 17, 2012 READ MORE



bbc.co.uk

Truthdigger of the Week: Greg Smith

Yes, as a high-level executive for Goldman Sachs for more than a decade, Greg Smith was part of the toxic culture he decried in the resignation letter printed in Wednesday’s New York Times and re-posted around the world. Thus, he was part of the problem.

Posted on Mar 15, 2012 READ MORE



Decade of the Living Dead

“Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy” is a grisly and horrifying true story of bloodsucking, flesh-eating, life-destroying fiends.

Posted on Mar 15, 2012 READ MORE



AP / Mark Lennihan

At Last, Some Decency on Wall Street

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.

Posted on Mar 14, 2012 READ MORE


Medical Marijuana

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Posted on Mar 10, 2012 READ MORE



Illustration by Mr. Fish

AIPAC Works for the 1 Percent

AIPAC does not speak for Jews or for Israel. It is a mouthpiece for right-wing ideologues and defense contractors.

Posted on Mar 4, 2012 READ MORE



Homosexuality May Become a Felony in Liberia

Liberia is considering two proposals that would make consensual same-sex acts punishable with jail time; NATO refuses to get involved in the crisis in Syria; and a Jewish journalist killed by terrorists was baptized posthumously by the Mormon Church. These discoveries and more after the jump.

Posted on Mar 3, 2012 READ MORE


Wirewalking

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Posted on Feb 26, 2012 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Lawrence Lessig on ‘Fixing the Republic’

This week on Truthdig Radio in association with KPFK: Lawrence Lessig discusses his new e-book, “One Way Forward: The Outsider’s Guide to Fixing the Republic,” and his optimism that movements like Occupy Wall Street can help set our democracy back on course.

Posted on Feb 24, 2012 READ MORE


Lawrence Lessig on ‘Fixing the Republic’

This week on Truthdig Radio in association with KPFK: Lawrence Lessig discusses his new e-book, “One Way Forward: The Outsider’s Guide to Fixing the Republic,” and his optimism that movements like Occupy Wall Street can help set our democracy back on course.

Posted on Feb 24, 2012 READ MORE



Inside a Foxconn Factory

A look inside Foxconn gives us a new perspective on workers’ conditions; one solution to the “right to be forgotten” dilemma may be to implement mandatory online insurance; meanwhile, a Columbia grad in New York has been converting pay phone booths into libraries. These discoveries and more after the jump.

Posted on Feb 23, 2012 READ MORE



New Obama Campaign Co-Chair: ‘The President Is Wrong’

“The president is wrong.” So says one of the newly appointed co-chairs of President Barack Obama’s re-election campaign.

Posted on Feb 23, 2012 READ MORE



AP / Mark Lennihan

Dow Breaks 13,000 for First Time Since 2008

Analysts are heralding the Dow Jones’ jumps past 13,000 on two brief occasions Tuesday as a sign that all this talk of economic recovery may be more bull market than, well, bull. Here’s hoping they’re right. 

Posted on Feb 21, 2012 READ MORE



woodleywonderworks (CC-BY)

The Best, Most Revealing Reporting on the Foreclosure Crisis

The U.S. housing crisis has been going on nearly five years, with still regular revelations about misdeeds by banks and others. Here’s ProPublica’s roundup of standout reporting on the crisis.

Posted on Feb 18, 2012 READ MORE



Gage Skidmore (CC-BY-SA)

Romney’s Big Problem

Mitt Romney has lost his central asset. It is no longer obvious that he is the Republican with the best chance of defeating President Obama.

Posted on Feb 15, 2012 READ MORE


Embracing ‘Enough’

Of all the no-no’s in contemporary America—and there are many—none has proven more taboo than the ancient doctrine of dayenu.

Posted on Feb 10, 2012 READ MORE



AP / Haraz N. Ghanbari

Elections Are for Suckers

Bribes from billionaires? Let’s just dip our fingers in purple ink and pose for photos.

Posted on Feb 9, 2012 READ MORE



hotelworkersrising.org

The Price of a Good Night’s Sleep

For anyone who does not belong to the very capstone of the American social pyramid, the old slogan of the labor movement is gaining a new and terrible meaning: An injury to one is an injury to all.

Posted on Feb 7, 2012 READ MORE



Mr. Fish

The Cancer in Occupy

The Black Bloc anarchists, who have been active on the streets in Oakland and other cities, are a gift from heaven to the security and surveillance state.

Posted on Feb 6, 2012 READ MORE


Romney’s 1 Percent Nation Under God

After he and the pro-Romney super PACs flooded the airwaves with millions of dollars’ worth of ads in a state where nearly half of the homeowners are underwater, Mitt Romney talked about whom he wants to represent.

Posted on Feb 1, 2012 READ MORE


Congress: Not the Place for Insider Trading

The fact that lawmakers like Sen. Joe Lieberman need to go out of their way to draft specific legislation to stipulate that members of Congress shouldn’t be engaging in insider trading with information they may come across by virtue of their vaunted positions is kind of revealing, isn’t it?

Posted on Jan 31, 2012 READ MORE



AP / Carolyn Kaster

Corporations Have No Use for Borders

It used to be the country we would flee to if life in the United States became unpalatable, but that was the old Canada.

Posted on Jan 30, 2012 READ MORE


Next Meal Ticket for Wall Street

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Posted on Jan 29, 2012 READ MORE



AP / Saul Loeb

Obama’s Faux Populism Sounds Like Bill Clinton

I get angry because betrayal by the “good guys” for whom I have ended up voting has become the norm.

Posted on Jan 26, 2012 READ MORE



White House / Pete Souza

Obama’s Late Payment to Mortgage-Fraud Victims

In his State of the Union address, many heard echoes of the Barack Obama of old, the presidential aspirant of 2007 and 2008.

Posted on Jan 25, 2012 READ MORE



Mr. Fish

Thank You for Standing Up

We can vote for Romney or Obama, but Goldman Sachs and ExxonMobil and Bank of America and the defense contractors always win. However, the iron grip of corporations over our lives will, eventually, be broken.

Posted on Jan 23, 2012 READ MORE



Gage Skidmore (CC-BY-SA)

What Newt Learned From Nixon

By shrewdly combining the politics of class with the politics of culture, Newt Gingrich won his first election in 14 years.

Posted on Jan 22, 2012 READ MORE


Tax Day: Will Romney Make April Fools of Republicans?

Who does Mitt Romney think he is fooling with this charade? Republicans are rightly concerned that his sense of entitlement, symbolized by the tax question, will damage their party’s chances next fall.

Posted on Jan 20, 2012 READ MORE



Flickr / SimonAlparaz (CC-BY)

Recovery Drags as Americans Dip Into Savings

For obvious reasons, Americans’ savings accounts are shrinking during this ongoing recession, both because there’s not as much money to deposit and many more reasons to make withdrawals. This has consequences for the economy’s long-term recovery prospects, as does another currently popular method of payment: the credit card.

Posted on Jan 17, 2012 READ MORE


A Fair Share of Scrutiny

From all evidence, the issue of economic justice isn’t going away. Break the news gently to Mitt Romney, who seems apoplectic that the whole “rich get richer, poor get poorer” thing is being discussed out loud. In front of the children, for goodness’ sake.

Posted on Jan 17, 2012 READ MORE



AP / Erich Schlegel

Truthdiggers of the Week: Indiana University Poverty Researchers

Here’s a sobering dose of reality: Poverty in America has risen to the 27 percent mark in the last half-decade and, perhaps worse, the prospects for our nation’s poorest won’t necessarily get better as the economy picks up. It’s not news many want to hear, but we’re glad a group of researchers at Indiana University were gutsy enough to release it.

Posted on Jan 13, 2012 READ MORE



AP / Charles Krupa

There’s Hope for Republicans Yet

GOP candidates are embracing populism, but as the presidential election is now shaping up, voters will not be given a choice to rebuke Wall Street by either major party.

Posted on Jan 12, 2012 READ MORE


It’s What’s on the Inside That Counts

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Posted on Jan 10, 2012 READ MORE    



AP / NBC News / William B. Plowman

Obama’s New Chief of Staff Hails From Wall Street

Jack Lew is a liberal who worked for Speaker Tip O’Neill and studied under beloved progressive Sen. Paul Wellstone, but he was also the chief operating officer of a Citigroup unit and doesn’t fault deregulation for the shoddy economy. (more)

Posted on Jan 9, 2012 READ MORE



Flickr / ToGa Wanderings (CC-BY)

American Social Mobility Ain’t What It Used to Be

This will hardly be news to many, but The New York Times weighed in Wednesday about the American dream being harder to achieve for those occupying the lower socioeconomic levels of society than either their wealthier contemporaries or their counterparts from past eras.

Posted on Jan 5, 2012 READ MORE



AP / Gerald Herbert

Arms Dealer Obama Will Win by Default

Barack Obama will be re-elected not as a vindication of his policies but because the Republicans are incapable of providing a reasonable challenge to his flawed performance.

Posted on Jan 5, 2012 READ MORE



White House / Pete Souza

Obama Aims for Romney’s Weak Spots

It’s expected that the people who brought you President Barack Obama, including the commander in chief himself, would be shifting into attack mode in preparation for the height of campaign season, and their main target is looking a lot like Mitt Romney.

Posted on Jan 4, 2012 READ MORE



AP / Charlie Riedel

Marginalizing Ron Paul

Paul is being denigrated as a presidential contender even though on the vital issues of the economy, war and peace, and civil liberties, he has made the most sense of the Republican candidates.

Posted on Dec 29, 2011 READ MORE



AP / Rich Pedroncelli

Bernie Sanders Explains Why Congress Fears Citizens United

Senator Bernie Sanders has a much more sophisticated take on political corruption than the conventional view of campaign reformers.

Posted on Dec 16, 2011 READ MORE



Gage Skidmore (CC-BY-SA)

Been There, Thought That

Can we please bury the notion that Newt Gingrich is some kind of deep thinker? His intellect may be as broad as the sea, but it’s about as deep as a birdbath.

Posted on Dec 16, 2011 READ MORE


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