Enough of Germany’s Tyrannical Austerity

William Pfaff / Truthdig Jan 28, 2015 Years of trudging through an economic slough of despond, guarded by German warders, have left the states of the European Union's south near to despair. Dig deeper ( 3 Min. Read )

The Treasury Secretary’s Misperceptions About Wealth

David Sirota / Truthdig Dec 20, 2014 By Treasury Secretary Jack Lew's reckoning, being a millionaire does not constitute living high above the ranks of ordinary people. Dig deeper ( 3 Min. Read )

Wall St. Cushion

Signe Wilkinson / Truthdig Dec 15, 2014 Dig deeper

When a Bank Owns 100 Oil Tankers, It Can Mess With the Price of Gas

Peter Z. Scheer / Truthdig Nov 20, 2014 A two-year Senate investigation of the financial sector has found that banks can meddle with the economy in new and frightening ways. Dig deeper ( 1 Min. Read )

Why Do Banks Want Our Deposits? Hint: It’s Not to Make Loans

By Ellen Brown, Web of Debt Oct 26, 2014 While banks do not need deposits to create loans, they do need to balance their books; and attracting customer deposits is usually the cheapest way to do it. Dig deeper ( 6 Min. Read )

Should Companies Have to Pay Taxes?

David Sirota / Truthdig Aug 29, 2014 Reading companies' annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though, there is a significant revelation in the paperwork. Dig deeper ( 3 Min. Read )

We Need Elizabeth Warren on the Supreme Court

Bill Blum / Truthdig Jul 16, 2014 Elizabeth Warren is uniquely positioned to revive the flagging spirits of the left, and help restore the country’s confidence in the Supreme Court, which has sunk to record lows. Dig deeper ( 5 Min. Read )

Out-of-Control Central Banks on a Corporate Buying Spree

By Ellen Brown, Web of Debt Jun 23, 2014 Today, however, central banks are on a global corporate buying spree not to bail out bankrupt corporations but simply as an investment, to compensate for the loss of bond income due to record-low interest rates. Central banks have become some of the world’s largest stock investors. Dig deeper ( 6 Min. Read )

GM Fires 15 Over Ignition Scandal but Says ‘No Cover-Up’

Staff / Truthdig Jun 6, 2014 General Motors Chief Executive Mary Barra said Thursday that the company had fired 15 mostly senior executives over the deadly ignition scandal that has placed the automaker under federal investigation. Dig deeper ( 1 Min. Read )

Geithner Tacitly Acknowledges Special Relationship With Citigroup

By Jeff Gerth, ProPublica May 15, 2014 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. Dig deeper ( 3 Min. Read )

An L.A. Story That’s All Too Familiar

David Sirota / Truthdig May 9, 2014 When a city is forced to spend more on Wall Street fees than on basic public services, it is the sign of trouble. Dig deeper ( 3 Min. Read )

Bankers Win Both Ways: Now They Can Take Both Taxpayer and Depositor Money

By Ellen Brown, Web of Debt Mar 29, 2014 On March 20, European Union officials reached a historic deal to save failing banks by tapping both taxpayer and depositor funds. It may be illegal under EU Parliament, but is being rushed through to lock taxpayer and depositor liability into place before the dire state of eurozone banks is exposed. Dig deeper ( 7 Min. Read )