News & Comment
Blogs and Opinion
One in Four US Home Mortgages Under Water by Calculated Risk, calculatedriskblog.com | February 24, 2010
Nearly one in four homes with mortgages are under water as of 4th quarter of 2009. In Nevada, a staggering 70% of all mortgaged properties are under water. No wonder Harry Reid is in trouble. They've got to blame someone. read more »Montana Initiative Against Pay Day Usury by Robert Borosage , OurFuture.org | February 24, 2010
In Oregon, citizens mobilized to pass progressive tax hikes -- on corporations and families making over $250,000 -- to help avoid cuts in children's and health care programs. read more »Is the Senate Bungling Its Wall Street Crackdown? by Andy Kroll, Mother Jones | February 24, 2010
The last thing Democrats want is for Congress' long-promised Wall Street crackdown to become a rerun of health care reform—the House passes a bill, only to see grueling negotiations grind to a halt in the Senate. But as Senate Banking Committee Chairman Christopher Dodd, D-Conn., prepares to release his proposal for financial reform this week, House lawmakers who have worked on the issue are worried that the talks will once again paralyze the Senate, producing only flimsy restrictions and no agency to protect consumers. read more »Shaft! As New Rules Begin, Credit Card Companies Find New Ways to Bilk Customers by Richard (RJ) Eskow, OurFuture.org | February 23, 2010
Before we get to the specifics, here's what you need to know about the credit card companies: They're out to shaft you. They'll shaft you every chance they get. They'll shaft you six ways from Sunday. They'll shaft you with bells on, while whistling the "Hallelujah Chorus." If they could, they'd shaft you from a helicopter while playing "Ride of the Valkyries," like Robert Duvall in Apocalypse Now. read more »Shaft! As New Rules Begin, Credit Card Companies Find New Ways to Bilk Customers by Richard (RJ) Eskow, OurFuture.org | February 23, 2010
Before we get to the specifics, here's what you need to know about the credit card companies: They're out to shaft you. They'll shaft you every chance they get. They'll shaft you six ways from Sunday. They'll shaft you with bells on, while whistling the "Hallelujah Chorus." If they could, they'd shaft you from a helicopter while playing "Ride of the Valkyries," like Robert Duvall in Apocalypse Now. read more »Calls To Cut Social Security At Same Time As $140 Billion In Bank Bonuses by Dave Johnson, OurFuture.org | February 23, 2010
The President is setting up a "Deficit Commission." Many, especially on Wall Street, are demanding that Social Security -- the retirement program that people paid into all of their working lives -- be cut. They want it cut rather than start paying back what was borrowed from the trust fund and used to pay for tax cuts for the rich -- also especially on Wall Street. read more »The Rising Toll Of Wall Street's Global War by Zach Carter, OurFuture.org | February 23, 2010
WEEKLY AUDITThe Global Economic Crisis The week’s best progressive reporting read more »The Rising Toll Of Wall Street's Global War by Zach Carter, OurFuture.org | February 23, 2010
WEEKLY AUDITThe Global Economic Crisis The week’s best progressive reporting read more »Five Former Treasury Secretaries Endorse Volcker Rule by Richard (RJ) Eskow, OurFuture.org | February 22, 2010
Since the nation's capital is enamored of bipartisanship in all its forms, it's surprising that today's letter from five former Treasury Secretaries - both Democratic and Republican - isn't front page news. The secretaries strongly endorsed the so-called "Volcker rule" in a letter to the Wall Street Journal. read more »Five Former Treasury Secretaries Endorse Volcker Rule by Richard (RJ) Eskow, OurFuture.org | February 22, 2010
Since the nation's capital is enamored of bipartisanship in all its forms, it's surprising that today's letter from five former Treasury Secretaries - both Democratic and Republican - isn't front page news. The secretaries strongly endorsed the so-called "Volcker rule" in a letter to the Wall Street Journal. read more »
The Latest
A culture of bullying and greed: Wanted - interns for Goldman Sachs... , independent.co.uk | October 17, 2012
WikiLeaks Is Down After Denial of Service Attacks, mashable.com | August 9, 2012
After five days of denial of service attacks, the WikiLeaks website has been knocked out. more »The Spreading Scourge of Corporate Corruption, The New York Times | July 11, 2012
Perhaps the most surprising aspect of the Libor scandal is how familiar it seems. Sure, for some of the world’s leading banks to try to manipulate one of the most important interest rates in contemporary finance is clearly egregious. more »Needy States Use Housing Aid Cash to Plug Budgets, The New York Times | May 16, 2012
Vermont Legislature Passes Resolution Challenging Citizens United, commondreams.org | April 21, 2012
Goldman Sachs: Lloyd Blankfein 'disappointed' by claims of 'toxic' greed, telegraph.co.uk | March 14, 2012
Legal Fees Mount at Fannie and Freddie, The New York Times | February 22, 2012
Taxpayers have advanced almost $50 million in legal payments to defend former executives of Fannie Mae and Freddie Mac in the three years since the government rescued the giant mortgage companies, a regulatory analysis has found.
Memo
To: DOJ Funky fascist America Dept
Subject: Accountability more »Apple investigates 'sweat shop' factories following suicide threat, telegraph.co.uk | February 13, 2012
The technology giant, which has faced criticism over working conditions at some of its suppliers’ plants in China, said today that it had asked the Fair Labor Association (FLA) to conduct “special voluntary audits” of several facilities, including factories owned b more »On the Trail of Mortgage Fraud, The New York Times | January 17, 2012
When is a crime not a crime?
When criminality subverts the system, challenges the system, becomes the system. From the Kleptocrats' point of view it is the systematic breakdown of each and every law which gets in their way; preventing the ascent to power of their enhanced moral values.
The Kleptocrats are really America's third political party.
Help Stop SOPA/PIPA Breaking The Internet, wordpress.org | January 14, 2012
You are an agent of change. Has anyone ever told you that? Well, I just did, and I meant it.
