Portside

Many subprime borrowers were led straight into the debt buzz-saw by companies that were actively trying to "squeeze" every last bit of revenue out of their clients. There were people who qualified for prime loans who got nudged into more lucrative alternative loans, and people who had simple 30-year fixed mortgages who found themselves frantically trying to pay off unforeseen penalties.

When military spending goes up, domestic spending goes down.

The aerospace company makes out like a bandit while sucking the lifeblood from the real economy.

SACP Official Tribute to Madiba as delivered by General Secretary Comrade Blade Nzimande

And yet by now most critical SPD voices, though unhappy, have been won over, partly with threats, but often due to fear of the alternatives. Attempts at a coalition of the CDU with the Greens foundered. A combination of SPD, the Greens and the LEFT party, which would have a very slim majority, is still taboo, leaving nothing but new elections, which could simply repeat the results of the September vote - or be even worse for the SPD. So, say the SPD bosses, vote Yes!

pensions, Mandela, Trade pact, Germany, shaking hands

President's party thwarts opposition hopes of denting Maduro's power in what it called a referendum on his performance

The creepiest gifts given in the animal kingdom

A few years of experience with the Volcker Rule will probably be enough to demonstrate that it’s insufficient to change the behavior of JP Morgan and the banker gang.

Plutocracy Versus Democracy: We are surely nearer the beginning of the struggle for justice than the end