Sunday, November 24, 2024

Tag: Wall Street

Ten Ideas to Save the Economy #4: Bust Up Wall Street

Wall Street is back to many of its old tricks. But the bigger they get, the more likely it is that the government will bail them out if they get into trouble again. So what needs to be done to tame Wall Street?

Celebrating the Flash Crash with a Wall Street Sales Tax

As we celebrate the fifth anniversary of the Flash Crash, we can also celebrate a possible policy that will take mostly from the rich and raise a huge amount of money by raising the cost of financial transactions.

Trans Pacific Trickle-Down Economics

If we allow the Trans-Pacific Partnership to pass, big corporations and Wall Street will be the only ones who will benefit. The idea that trickle-down economics will occur if this bill passes is a myth.

Wall Street Banks on Buying the Democrats’ Love

Big money is threatening the Democratic party by saying that major campaign donations are dependent on “a friendlier attitude toward the banks.” This just shows what little respect banks actually have.

The Federal Reserve Board’s Plan to Kill Jobs

It's time Americans rally against the Fed’s interest rate policies and let them know how they feel about raising interest rates to kill jobs. Join the Center for Popular Democracy grassroots campaign to stop the Fed from its deliberate acts.

Will the Democratic Nominee for 2016 Take on the Moneyed Interests?

While it's evident that the Democratic nominee for President will campaign on reviving the American middle class, it's time the nation has a leader who can take on the moneyed interests responsible for the worst wealth inequality in modern American history.

As Public Pensions Shift to Risky Wall Street, Local Politicians Rake...

A recent political scandal in which investments done in secret are politically connected with Wall Street's firms who are in return earning millions off of taxpayers is getting little coverage. Journalist David Sirota is revealing his findings about these secrets to Democracy Now.

A Whining Wall Street Banker Pleads for Pity

JP Morgan is facing another multi-billion dollar fine for massive illegalities. But why is John Pierpont Morgan whining about the most recent fine? He's never actually had to pay the price and go to jail.

Why Wages Won’t Rise

The key strategy of the nation’s large corporations and financial sector has been to prevent wages from rising. And if you didn't already notice, corporations and Wall Street are calling the shots.

A Flat-footed Backflip for Wall Street

Congress did a dazzling flip-flop, putting taxpayers back on the hook for the banksters’ high-risk speculation. It's always something else when Wall Street and Congress get together—in secret.

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Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA

“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”

143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water

Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.

David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...

Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.