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Information is power. Our mission at Portside is to seek out and to provide information that empowers you -- that empowers the left. Every day we search hundreds of sources to connect you with the most interesting, striking and useful material. Just once a year we appeal to you to contribute to make it possible to continue this work. Please help.

 

Meet BlackRock, the New Great Vampire Squid

Ellen Brown The Unz Review
No private, unelected entity should have the power over the economy that BlackRock has, without a legally enforceable fiduciary duty to wield it in the public interest.

The Fed Protects Gamblers at the Expense of the Economy

Ellen Brown Truthdig
from of Federal Reserve building The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.

They Loan You Money. Then They Get a Warrant for Your Arrest.

Anjali Tsui ProPublica
dollar bill with handcuffs High-interest loan companies are using Utah’s small claims courts to arrest borrowers and take their bail money. Technically, the warrants are issued for missing court hearings. For many, that’s a distinction without a difference.

Neoliberalism Has Met Its Match in China

Ellen Brown Truthdig
They should let a lot of their companies go bankrupt so that Americans can buy them. They should have the same kind of free market that has wrecked the US economy.
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