Tag: Wall Street
The three big lessons we didn’t learn from the economic crisis
The Street’s political clout is as great as ever, which explains why the Dodd-Frank safeguards are now being watered down – clearing the way for another crisis.
How to recognize a plutocracy: The dead giveaway
Our latest slam-dunk evidence: the record of the decade since the Wall Street financial crash ushered in the Great Recession.
By exploiting and mismanaging public pensions, Wall Street has cost taxpayers...
"Most people (including policymakers) still have no idea that skimming fees off public employees' retirement savings has become one of the largest sources of profits for Wall Street moguls."
‘Privatization is not the answer:’ Grave warnings as Wall Street vultures...
"It should instead focus on basic services and ensure that every Puerto Rican has access to safe public water."
For captured regulators, repealing the Volcker Rule is child’s play
One thing’s for certain: if there’s another financial crisis, it could make the last one look like child’s play.
Why the only answer is to break up the biggest Wall...
Why should banks ever be permitted to use peoples’ bank deposits – insured by the federal government – to place risky bets on the banks’ own behalf?
The retired General who stopped a Wall Street coup
General Smedley Butler blew the whistle on a millionaire-led effort to oust FDR and the New Deal.
How Wall Street enabled the fracking ‘revolution’ that’s losing billions
Imagine begging banks to stop loaning you money. And being ignored.
Why the DNC is fighting WikiLeaks and not Wall Street
With eyes on the prizes from corporate largesse, DNC officials don’t see downsides to whacking at WikiLeaks and undermining press freedom in the process.
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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.
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.
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.”
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.
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.