The Biden administration’s sanctions on Russia didn’t just tank global markets; they also helped Kamala Harris lose the election. The Democrats’ fate was sealed by a Wall Street–fueled commodity frenzy that sent gas prices and grocery bills soaring.
Why aren’t insurance companies aggressively fighting climate change, and minimizing catastrophes? Look at their balance sheets.
Biden’s investment plan addresses longstanding needs in the country. We will likely have to reduce other spending in the economy to make room for it. A financial transactions tax is a great place to look for some of the offset.
Can Biden Achieve Progress Where It Matters While Avoiding a New Cold (or Hot) War?
Robbing workers’ pension funds has long been central to Wall Street's business model. A recent Supreme Court ruling opened the door for financial managers to take their looting of those pension funds even further.
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.
...decades of redlining and discrimination...pushed poor minorities into ghettos, gentrification is pushing them out. The paradox is...young liberals, whose ideals theoretically go against these phenomena, are in fact producing that very effect.
This article is excerpted from Ellen Brown's new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1.
In her new book, All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, Nomi Prins traces the hundred-year history of collusion between Washington and Wall Street. Prins reveals how a small number of bankers have played critical roles in shaping a century’s worth of financial, foreign and domestic policy in the United States including the Federal Reserve, the response to the Great Depression, and the founding of the IMF and the World Bank.
Spread the word