Big Banks Call for Wall Street Deregulation to “Fight Coronavirus”

As Naomi Klein laid out in her bestseller “Shock Doctrine,” the wealthy elite use the confusion caused by economic and other disasters to quickly force through pro-free-market legislation.

Alan Macleod
By Alan Macleod
Coronavirus Wall Street

As coronavirus panic hits the U.S., a financial lobbying group is attempting to use the crisis to push through the deregulation of its industry. The Bank Policy Institute (BPI), a Washington-based lobbying organization representing many of the nation’s largest banks, released a set of proposals this week, the most important of which recommends that

Read Full Article

The Dow of Inequality: Counting the Casualties of America’s Class War

The neoliberal approach to handling a dire economic downturn may soon produce a political crisis, reminiscent of the debt crisis that led to Hitler’s rise 80 years ago. The political class seems to be taking note: the stark inequality reflected in the soaring stock market and shrinking paychecks is unsustainable.

Jon Jeter
By Jon Jeter
Banksy Class War Inequality

NEW YORK -- The revelation that the Dow Jones industrial average and the Standard and Poor's stock index closed at historic highs this past Thursday afternoon reminded me of an early autumn afternoon a dozen years ago in a glorious San Francisco apartment high in the sky. The apartment, perched atop a rise in the city’s Russian Hill

Read Full Article

New Report Reveals Trump White House Taking ‘Marching Orders’ From CEOs

‘One of every five of the corporate executives who met with the Trump administration within the first 100 days represented the banking or financial sector.’

Nadia Prupis
By Nadia Prupis
Goldman Sachs COO Gary Cohn talks on the phone as he waits for the start of a meeting with President-elect Donald Trump at Trump Tower, Tuesday, Nov. 29, 2016, in New York. (AP Photo/Evan Vucci)

Since his inauguration, President Donald Trump has met with at least 190 corporate executives, not including phone calls with heads of banks or his numerous Wall Street appointees, the watchdog group Public Citizen reported Monday in a new analysis. And since the November election itself, he's met with at least 224. "One of every five of the

Read Full Article

Bolivia Asserts Newfound Economic Independence, Rejects Rothschild Banks

Evo Morales announced that Bolivia will no longer respond to the demands or blackmail of the United States, the World Bank, or the IMF.

Whitney Webb
By Whitney Webb
Bolivian President Evo Morales. Photo: AP Photo/Felipe Dana

The International Monetary Fund (IMF) and US-dominated World Bank have been major players in the global economic landscape ever since their creation in 1944.These international banking organizations, which are privately controlled by the notorious Rothschild banking family, first pressure nations to deregulate their financial sector, allowing

Read Full Article

New Investigation Names Wall Street Banks Behind $3.8 Billion Dakota Access Pipeline

Bank of America,HSBC, UBS, Goldman Sachs, Wells Fargo, JPMorgan Chase and other financial institutions have, combined, extended a $3.75 billion credit line to Energy Transfer Partners, the parent company of Dakota Access.

Democracy Now
By Democracy Now
Actress Shailene Woodley, fourth from right to right, Riley Keough the eldest grandchild of Elvis and Priscilla Presley, actress Susan Sarandon and Standing Rock Sioux Tribe member Bobbi Jean Three Lakes, right, participate in a rally outside the US District Court in Washington, Wednesday, Aug. 24, 2016, in solidarity with the Standing Rock Sioux Tribe in their lawsuit against the Army Corps of Engineers to protect their water and land from the Dakota Access Pipeline.

Over 1,000 people representing more than 100 tribes are gathered along the Cannonball River by the Standing Rock Sioux Reservation to resist the construction of the $3.8 billion Dakota Access pipeline. It’s been described as the largest unification of Native American tribes in decades. On September 3, the Dakota Access pipeline company attacked

Read Full Article

New Poll Shows 7 Out of 10 Americans Actually Agree On Something

Recent poll finds 71 percent of Americans believe U.S. economy is rigged.

Nika Knight
By Nika Knight
Rit Picone of Newpaltz, N.Y., carries an American flag upside down as a symbol of protest as demonstrators aligned with the Occupy Wall Street movement gathered on Capitol Hill in Washington, Tuesday, Jan. 17, 2012, to decry the influence of corporate money in politics. (AP Photo/J. Scott Applewhite)

A new Marketplace-Edison Research poll published Tuesday found that a full 71 percent of respondents agree that the economy is rigged, affirming the popular rhetoric of the current presidential campaign season. The majority opinion held firm across ethnicity, class, age, and gender differences. A whopping 83 percent of African Americans polled

Read Full Article