Why the Anger?

Robert Reich / Truthdig Aug 14, 2013 Why is the nation more bitterly divided today than it’s been in 80 years? Dig deeper ( 3 Min. Read )

The Insider’s Economic Dictionary: B Is for Bailout

By Michael Hudson Aug 10, 2013 Republicans and the financial sector sequester the economic surplus in their own hands, price their economic rents to squeeze incomes, and then criminalize poverty as if the poor vote to be poor as a matter of choice! Dig deeper ( 4 Min. Read )

Gag Me With Lawrence Summers

Robert Scheer / Truthdig Jul 30, 2013 President Obama thinks his former economic adviser is brilliant, but as Summers' second trip through the revolving door between Washington and Wall Street reveals, he's just greedy. Dig deeper ( 4 Min. Read )

Think Your Money Is Safe in an Insured Bank Account? Think Again

By Ellen Brown, Web of Debt Jul 5, 2013 An international trend to shift responsibility for bank losses onto blameless depositors lets banks take and gamble away your money. Dig deeper ( 6 Min. Read )

U.S. Banks Rake In Record $40.3 Billion in Quarter

Tracy Bloom / Truthdig May 29, 2013 Business is clearly good again for the financial institutions that were rescued by American taxpayers just a few short years ago. Thanks in part to increased revenue from customer fees, U.S. banks' profits soared to a record high for the first quarter of 2013, the Federal Deposit Insurance Corp. reported Wednesday. Dig deeper ( 1 Min. Read )

Why Putin Let Russia’s Richies Take a Bath

Ivo Mijnssen / Truthdig May 15, 2013 The collapse of the Cypriot banking system reveals much about the complex relationship among ordinary Russians, "offshore oligarchs" and a political system that depends on both. Dig deeper ( 5 Min. Read )

Big Banks Are Victims of Their Own Success

Peter Z. Scheer / Truthdig May 2, 2013 Now that Wall Street has managed to neuter and delay the modest reforms passed by Congress, there is more political momentum to pass stricter financial regulations. Dig deeper ( 2 Min. Read )

Wall Street Is Killing Dodd-Frank One Regulation at a Time

By Thomas Hedges, Center for Study of Responsive Law May 1, 2013 The already tepid reforms enacted by Dodd-Frank are falling prey to business leaders, Republican lawmakers and the son of Supreme Court Justice Antonin Scalia. Dig deeper ( 3 Min. Read )

Bail-Out Is Out, Bail-In Is In

By Ellen Brown, Web of Debt Apr 30, 2013 The new rules for keeping the too-big-to-fail banks alive allow for the use of creditor funds, including uninsured deposits, to recapitalize failing banks. In the event of another crisis, access to your money would depend on the security of the FDIC. The question, then, is how reliable is the FDIC? Dig deeper ( 7 Min. Read )

Stains on a Legacy

Eugene Robinson / Truthdig Apr 26, 2013 In retrospect, George W. Bush's legacy doesn't look as bad as it did when he left office. It looks worse. Dig deeper ( 3 Min. Read )

Winner Takes All: The Super Priority Status of Derivatives

By Ellen Brown, Web of Debt Apr 10, 2013 With taxpayer bailouts no longer an option, a major derivatives crisis could transfer money currently held by state and local governments and citizens -- secured and unsecured, insured and uninsured -- into the hands of derivative claimants. Dig deeper ( 8 Min. Read )

It Wasn’t David Stockman Who Wrecked the Economy

Robert Scheer / Truthdig Apr 2, 2013 For all of the strident attacks on Stockman’s column, I have yet to read a serious critique of his most brazen claim. Dig deeper ( 3 Min. Read )