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

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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

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Wall Street Is the Definition of a Ponzi Scheme (Literally)

The market economy in general is designed to exploit billions of us while a tiny number get ridiculously rich. It doesn’t care about the health or sustainability of our society as it facilitates the extraction of all the wealth and resources by sociopaths.

Lee Camp
By Lee Camp
Wall Street Banksy

Maybe it makes me unsophisticated, but I don’t think about the stock market that much. I know that many say it’s the central nervous system of our economy. I know its estimated worth is around $30 trillion. And I know that when it tanks, the lives of millions of Americans are wrecked, ruined and upended. I know that when that happens, the powerful

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Economic Recovery Mostly A Myth For The 99 Percent

93 percent of U.S. counties haven’t recovered from the Great Recession according to the National Association of Counties.

Dan Wright
By Dan Wright
Marijo Beckman greeted Black Friday shoppers at a Boynton Beach,Fla. Walmar

Published in partnership with Shadowproof. The famous United States stock index known as the Dow Jones Industrial Average (or simply the Dow) flirted with approaching a historic high of 20,000. The index, which shows how the largest 30 companies publicly traded in the U.S. are performing, is considered a key indicator of how well U.S. business

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Ron Paul: The People Will Not Suffer From Brexit, Only the Global Banking Elite Will

“Other countries are watching….This is the beginning of the end of the European Union…and nobody is going to suffer from that. Only the wealthy, banking, special interests will suffer any from this,” said Paul. On Friday, Britain’s biggest banks faced double-digit losses on the stock markets, with shares plunging.

Matt Agorist
By Matt Agorist
Ron Paul appears at a town hall meeting in College Park, Md., Wednesday, March 28, 2012. (AP Photo/Cliff Owen)

Since 1958, the European Union has been absorbing independent states across the continent. Starting with the original inner 6 countries (Belgium, France, Italy, Luxemburg, Netherlands, and West Germany) and ending with Croatia in 2013, the forced centralization of Europe was a massive and ominous force with which to be reckoned. Until now. On

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Report: Scammers Are Taking Advantage Of America’s Marijuana Boom

As marijuana becomes more and more lucrative, a new investor alert warns of an increase in marijuana stock scams.

Katie Rucke
By Katie Rucke

As the legalization of marijuana -- for medical or even recreational use -- increasingly appears inevitable across the U.S., more and more Americans have begun to express interest in investing in the emerging ganja industry, which is projected to be worth about $9 billion in the next five years. The Financial Industry Regulatory Authority (FINRA),

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