"From housing to jobs to poverty levels, black America is struggling," the Princeton educator tells the Truthdig columnist. "In so many ways since 2008, our communities have been in ruins."
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."
The Economic Policy Institute blames the weak comeback from the 2008 recession on GOP policies at local, state and federal levels.
Since 2008, the Department of Defense has been funding research that studies the dynamics of civil unrest; some planes have what is called a "corpse cupboard" to store dead passengers; and it turns out that the first person to use an umbrella in England was publicly shamed for his audacious attempt to stay dry. These discoveries and more after the jump.
Iceland’s revolutionary approach to dealing with the international financial meltdown of 2008 certainly deserves every bit of the attention it has garnered.
Business Insider reported Tuesday that "mysterious, insulting statues of 'rat bankers' have appeared in the City of London," with no indication as to who made them. But then the riddle was solved.
Irish leaders -- eager to maintain that compliance with the demands of international creditors after the 2008 crisis was the best choice for Ireland -- are concerned that the defiant tactics of Greece's newly elected Syriza party may expose their program as flawed if Syriza wins concessions from the troika of lenders.
"Hundreds of pages of transcripts, based on recordings made at the time, reveal the ignorance of Fed officials about economic conditions during the climactic months of the financial crisis," The New York Times reports.
Very few people seem to know that the crisis began in a shadowy part of the financial system called repo, which is short for repurchase agreement.
An Associated Press article in February confirmed a purchase order by the Department of Homeland Security for 1.6 billion rounds of ammunition. That’s enough to sustain an Iraq-sized war for over twenty years. Someone in government seems to expect some serious civil unrest. Why?