News & Comment
Blogs and Opinion
The Financial Crisis Inquiry Commission: Meaningful or Milquetoast? by Les Leopold, OurFuture.org | January 11, 2010
Every once in a long while a commission can change America. The 1954 Army-McCarthy hearings destroyed Senator Joe McCarthy by revealing his out-right viciousness and insincerity through the new media of television. The Watergate hearings helped to bring down a president. And the Pecora hearings in 1933 uncovered Wall Street scam after scam that enriched the bankers who crashed the financial system. read more »Bernanke: Time's Man of the Year by Robert Borosage , OurFuture.org | December 16, 2009
Time Magazine's naming Ben Bernanke "Man of the Year" is a little bit like celebrating an arsonist for his heroics in putting out a fire that he set. Bernanke has done creative and bold work in staving off a fianancial free fall. But he would also be on any list of the 10 people most responsible for creating the free fall. read more »Bernanke: 'The Definition Of Moral Hazard' by Isaiah J. Poole, OurFuture.org | December 3, 2009
Federal Reserve Chairman Ben Bernanke employed his characteristic smoothness and conciliatory nature as he navigated the questioning at today's confirmation hearing before the Senate Banking Committee, helped by the largely gentle questioning by Democrats on the committee. Ironically, the most pointed progressive critique of Bernanke's stewardship of the Fed did not come from any of the Democrats but from the far right. read more »Sanders Puts Hold on Bernanke Nomination by Robert Borosage , OurFuture.org | December 2, 2009
Senator Bernie Sanders has announced he will put a hold on the Bernanke nomination. Sanders wants the Finance Committee to hold serious hearings probing Bernanke's actions leading up to the financial collapse, and the emergency measures he took, committing literally trillions to bolster private financial institutions without a vote of Congress. read more »Before You Appoint Ben, Audit Ben by Robert Borosage , OurFuture.org | December 2, 2009
In this video, Robert Borosage lists the questions that members of the Senate must get answers from Ben Bernanke on if he is to earn re-appointment to chair the Federal Reserve. A related action campaign emailed to Campaign for America's Future supporters calls on them to tell their senators: "Before You Appoint Ben, Audit Ben." read more »Bernanke Breaks the Law. His Own. by Eric Lotke, OurFuture.org | November 30, 2009
Thursday December 3 is the date of both the President’s Jobs Summit and the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. We should seize the opportunity to examine the statute that creates the Federal Reserve: read more »Obama’s Jobs Summit and Bernanke’s Reappointment: Connect The Dots by Eric Lotke, OurFuture.org | November 30, 2009
How ironic that President Obama’s jobs summit should be scheduled on the same date (Thursday, December 3) that the Senate Banking Committee has scheduled the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. read more »The Independence of the Fed by Dave Johnson, OurFuture.org | November 27, 2009
Reps. Ron Paul and Alan Grayson are trying to get the Federal Reserve audited. Last week the House Financial Services Committee passed an amendment to their financial regulatory reform bill that would mandate an audit. read more »In The Fed We Trust? Will The Senate Reward The Architect Of The Wall Street Bailout? by Robert Borosage , OurFuture.org | November 25, 2009
Will the Senate vote another term for Ben Bernanke as head of the Federal Reserve? Should it? read more »Watchdogs And Lapdogs On Financial Reform by Isaiah J. Poole, OurFuture.org | November 20, 2009
There was a major victory for accountability this week in the financial reform fight, but there was also a demonstration that when it comes to protecting the profits of bankers at the expense of ordinary people, no institution does it better than the Party of No. read more »
The Latest
Runaway Spending on War Contractors, The New York Times | September 19, 2011
War especially privatised war looks profitable; for various reasons the US military and executive branch has sought to disguise troop numbers and outright cost of its conflicts and wars by the simple expedient of paying privateers, mercenaries, to conduct security operations on their behalf. more »
Europe's banks are staring into the abyss, blogs.telegraph.co.uk | September 14, 2011
It ain't pretty;
The German people are grumpy, the French people are grumpier, there may be vast consequences and fall out in the US. Here is a heads up, mark it well and then take a good look at Dimon, JP Morgan and the Fed. more »
Students Challenge Campus Spending on Bottled Water, stopcorporateabuse.org | September 10, 2011
Some U.S. firms paid more to CEOs than taxes: study, Reuters | August 31, 2011
First Federal Reserve Audit Reveals Trillions in Secret Bailouts, ipsnews.net | August 29, 2011
Just In case you missed it amongst the hacking scandals, the endless humanitarian wars and bombing the Federal Reserve slipped out the results of its 'One Time' audit. more »US debt: how big is it and who owns it?, The Guardian | July 15, 2011
Whistleblower Blew the Lid Off Wachovia-Drug Cartel Money Laundering , alternet.org | June 12, 2011
From the Wall St hall of assholes...
Apart from Goldman Sachs "Doing the Work Of God" by creating bad financial products then betting against them nothing epitomises the sickening unaccountable nature of the US banks AND the negligent ineffective US government than this hideous truth. It is a relationship abusive to its own citizens and a betrayal of them. more »
Bankers Blowing Bubbles in Basel: Vampires Lobby Congress and World, The Guardian | June 6, 2011
Our Government Is Corrupt Through and Through -- Where's the Outrage?, alternet.org | May 23, 2011
Congressional and administrative lobbyists can be the conduits of corruption, a democracy bypass, we know this, the FBI know this, everyone in America and the world knows this. It is systemic. But judges surely not? more »
Super Rich See Federal Taxes Drop Dramatically, commondreams.org | April 23, 2011
WASHINGTON – As millions of procrastinators scramble to meet Monday's tax filing deadline, ponder this: The super rich pay a lot less taxes than they did a couple of decades ago, and nearly half of U.S. households pay no income taxes at all.
America building an unfair society or just telling it like it is?
