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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.

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The Next Financial Crisis

Various authors New Internationalist
As we approach the ten year anniversary of the great recession, leading economists talk about where the next crisis might come from. Workers bear the brunt of crises, but they also could be the cause that provokes the system to falter.

Trump’s Financial Arsonists: The Next Financial Crisis -- Not If, But When

Nomi Prins Tom Dispatch
Written one week before the current Wall Street tumble, economist Nomi Prins writes: Watch out. Even in the seemingly best of times, neglecting Wall Street is a dangerous idea. With a rag-tag Trumpian crew of ex-bankers and Goldman Sachs alumni as the only watchdogs in town, it’s time to focus, because one thing is clear: Donald Trump’s economic team is in the process of making the financial system combustible again.

Puerto Rico Is Getting Squeezed, and It Will Cost All of Us

Anamaria Lopez Institute for New Economic Thinking
The path of austerity could spread economic pain and social woes far beyond the Caribbean island, says public debt expert Martin Guzman. 1,000 miles off the coast of Florida, a small Caribbean island of 3.4 million American citizens is facing its worst economic crisis since coming under U.S. rule in 1898. In the short term, austerity aggravates the recession and reduces opportunities.

Tidbits - August 4, 2016 - Reader Comments: 2016 - Clinton, Democratic Convention, left electoral strategy, climate change, Jill Stein, Leonard Peltier, Hiroshima, Nagasaki, and more...

Portside
Reader Comments: 2016 Election Campaign - After the DNC, Hillary, Jill and the Donald; The Election and After - Strategy for this election AND going forward; Climate Change policy needs to be front and center; Campaign for Leonard Peltier's freedom; Ireland and Iceland set the example - jailing bankers that caused meltdown; Hiroshima and Nagasaki memorials at the UN and in New York; Letters to the Wall - What the Vietnam War was all about; and more . . . .
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