Tag Archives: wall street
#Dump Trump (Again)
“Nothing [is] funny about the real world consequences of his racist hate speech.”
Matt Taibbi: Bailing Out the Bailout
“The Trump administration just bought this undead economy at retail prices and committed the Fed and the Treasury to sustaining it.”
Ralph Nader: Who Will Go After Trump’s Corporate Socialism?
The original doctrine of socialism meant government ownership of the means of production—heavy industries, railroads, banks, and the like. Nobody in national politics today is suggesting such a takeover. As one quipster put it, “How can Washington take ownership of the banks when the banks own Washington?” Consumer rights advocate and former presidential candidate Ralph […]
Chris Hedges: “The Rats Revolt” by Ralph Nader
It is only when the elites become afraid of us that there will be any hope of destroying corporate power. Politics, as Nader understands, is a game of fear.
When Washington Decides Democracy Is Dangerous: Stoking Opposition in Venezuela and Syria
The opposition “movements” in Venezuela and Syria have a great deal in common: both are seeking the demise of democratically-elected governments; both resort to violence and acts of terrorism; both are tools of U.S. and Western imperialism, and both are failing. A Venezuelan protester holds a poster that reads in Spanish “Against Imperialist aggression, respect […]
Chris Hedges | The Return of American Race Laws
The central tenet of fascism is always that war cleanses society and that the “virtues” that war inculcates in its combatants and survivors provide a new moral vigor.
Glenn Greenwald | Democrats, Trump, and the Ongoing, Dangerous Refusal to Learn the Lesson of Brexit
The institutions and elite factions that have spent years mocking, maligning, and pillaging large portions of the population …are now shocked that their dictates and decrees go unheeded.
Chris Hedges | Unspeakable
Chris Hedges on the most taboo topics in America, with David Talbot.
Jim Hightower | Why Can’t Our Economy Promote Equality and Shared Prosperity?
You don’t have to be in “Who’s Who” to know what’s what. For example, if tiny groups of Wall Street bankers, billionaires and their political puppets are allowed to write the rules that govern our economy and elections, guess what? Only bankers, billionaires and puppets will profit from those rules.
VIDEOS: Chris Hedges & Michael Hudson | Days of Revolt: How We Got to Junk Economics
A politicians job is to deliver whoever voted for you to your backers, who are on Wall Street. Whether you are a Republican or a Democrat, but especially if you are a Democrat that’s really the Wall Street wing of the American political system. The Republicans are for the corporate monopoly, oil and gas wing of it.
Chris Hedges and Michael Hudson: The Global Economy Is a Giant Ponzi Scheme
We should add that under this predatory form of economics, you game the system. So you privatize pension funds, you force them into the stock market, an overinflated stock market. But because of the way companies go public, it’s the hedge fund managers who profit. And it’s those citizens whose retirement savings are tied to the stock market who lose.
Bill Moyers | The Most Undercovered Stories of 2015 Parts One and Two
What did the mainstream media ignore this year? Reporters, editors and bloggers highlight stories that didn’t get nearly enough attention.
Two by Chris Hedges: Our Mania for Hope Is a Curse and The Pathology of the Rich White Family
Hedges: The pathology of the rich white family is the most dangerous pathology in America.
The yearning for positivism that pervades our corporate culture ignores human nature and human history. But to challenge it, to state the obvious fact that things are getting worse, and may soon get much worse, is to be tossed out of the circle of magical thinking that defines American and much of Western culture. The left is as infected with this mania for hope as the right. It is a mania that obscures reality even as global capitalism disintegrates and the ecosystem unravels, potentially dooming us all.
Guernica: American Empires: Power and Its Discontents
…we offer a few panels from this sprawling imperial mosaic—its victims and beneficiaries, the merciful and the mercenary. You won’t find these empires on a map, tucked as they are behind the names of can’t-say-I’ve-been-there towns. Be on the lookout instead for an office complex, someplace awash in the soothing hum of data centers and microwave transmitters. Their borders are the perimeter of the boardroom table, the cut of a sharp suit.
Jeffrey Harrod: Feudalism, Capitalism, and Corporatism — How the corporation is changing the world
Write about my vision of a “post-capitalist world,” I was requested. But I find this difficult. Difficult because I believe we are already in, or nearing, a post-capitalist world if by capitalism is meant the system described by Marx and his followers about 150 years ago. by Jeffrey Harrod Philosophers for Change December 31, 2013 […]
▶ The Elizabeth Warren Speech That Has Everyone Talking
The Massachusetts senator sure won’t let big banks get away with the kind of blatant robbery other members of Congress seem perfectly happy to allow. Friday, Elizabeth Warren gave a scathing speech against bank bailouts on the Senate floor that has some proclaiming it may be the kind of address that gets her elected president of the […]
Mary Beaudoin: Flooding Wall Street
People demand system change, not climate change. When world leaders gathered at a preliminary meeting on climate change at the UN headquarters in New York, and one day after hundreds of thousands (estimates range from 311,000 to 400,000) people marched in the Climate Convergence, there was a coordinated effort to demand accountability for the corporate […]
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