How Wall Street Skims Higher Education. Richard Pryor & Maya Angelou. Documentary: Citizen Koch. John Lee Hooker, Bonnie Raitt, "I'm In The Mood." John Oliver: Stop Cable Company F**kery.
Wall Street skim is driving up the cost of college. Students are saddled with higher tuition and student debt. Taxpayers are covering risky loans and high interest rate for institutional borrowing. And for-profit colleges are overcharging students to drive profit.
Reader Comments - Cecily McMillan; Prison Labor; William Worthy; Syria; Timothy Geithner and Wall Street's Bailout; College Debt; U.S. Subversion in Latin America; Venezuela;
Announcements - This Weekend - Left Forum (May 30 - June 1) - Reform and/or Revolution: Imagining a World with Transformative Justice;
Raising America's Pay - Launches June 4; Meet UnionWiki; Call for Papers - Fighting Inequality: Class, Race, and Power
Lewis’s depicts the kind of high-frequency trading that can transmit stock market information from New York to Chicago and back in one-tenth of the blink of an eye and has divided the world of stock traders into the haves and have-nots, depending on what speeds they can afford.
Reader Comments - Ukraine; Russia; Climate Change; Wall Street; Capitalism; Wanted: Populist Movement of the 99%; Angela Davis; Charter Schools; Government Spying, NSA; NCAA Racism; TPP
Announcements - Left Labor Project - Election Strategy Discussion -New York -Apr 3; Need 100 Jewish voices in New York against anti-boycott bill; 2014 Moving Beyond Capitalism Conference; New resource - Politics and ideology in the American Historical Profession
... most people are aware that Wall Street crashed the economy and rode out of town scot-free, collecting unimaginably huge bonuses along the way. But vagueness breeds passivity. Fortunately, we now have Bob Ivry’s Seven Sins of Wall Street as an indispensable guide for tracking down live villains and unburied bodies. By the time you reach the end, all the sheer fury anyone with the merest flutter of a moral pulse felt back in 2008/2009 wells up again, white hot.
One of Wall Street’s most powerful trade groups, the Securities Industry and Financial Markets Association (SIFMA), has been spearheading Wall Street’s fight against using eminent domain to mitigate the foreclosure crisis.
Should public school educators be as optimistic about the coming year as the rising stock prices of our numerous Fortune 500 corporations? Not so fast. As those entities earning record profits continue to shirk their responsibilities, the District is forced to balance its budget on the backs of the only individuals they have some sort of control over - their teachers.
We can wrest back control of our economy, and finally our political system, from corporate speculators only by building local movements that decentralize economic power through the creation of hundreds of publicly owned state, county and city banks.
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