Tag: Wall Street

The bottom line: Regulation won’t end the Street’s abuses. The Street has too much firepower. And because it continues to be a major source of campaign funding, no set of regulations will be tough enough.

When a high-rolling trader buys millions of dollars’ worth of stocks or derivatives, there’s no levy at all.

Play by the rules? For bankers, Rule #1 is “win at any cost.”

Hillary Clinton is married to Wall Street, and to the man responsible for the most diverse forms of national destruction in modern times.

A new organization, Bank Whistleblowers United, calls on candidates to not take contributions from financial companies that have engaged in fraud and to commit to a set of actions that will "restore the rule of law" on Wall Street.

Hillary Clinton is being hard-pressed to release the transcripts of multiple speeches she was paid to give to big banks like Goldman Sachs. What is she so afraid of?

“We are living through the greatest ‘wealth grab’ in history. But inequality is not produced by immutable forces. It’s the result of a legislative agenda promoted by the rich and executed by their political allies.”

Have Democrats gone from “Yes we can,” to “We shouldn’t even try?"

If the economic proposals described in this episode of Clearing the FOG were put into effect, Wall Street would be tamed and the people would regain control of the economy.

To avoid further crises with huge tragic social costs, we have an urgent task to bring finance back under democratic control, to reconfigure society’s relation to finance capital, indeed, to Capital itself.