Post Tagged with: "Wall Street"

Wall Street Journal Exposes Post-2008 Dangers

Wall Street Journal Exposes Post-2008 Dangers

March 31, 2018–In a special section entitled “10 Years After the Crisis,” published on March 27, Wall Street’s newspaper of record, the Wall Street Journal, put together a highly interesting compilation of charts and graphs which tell a sorry truth: Injustice and risk remain an imminent risk to the financial […]

by April 2, 2018 Comments are Disabled News Shorts
Olivier Sarkozy of the Carlyle Group, a beneficiary of recent deregulation. (wikimedia commons)

Wall Street Deregulators Are on a Roll

April 2, 2018—Wall Street is racking up wins in Congress that are sure to increase the risk of the widely forecast next financial blowout. In addition to the passage of S. 2155 , which loosened capital and reporting requirements for 25 of the 38 largest banks in the United States, […]

by April 2, 2018 Comments are Disabled News Shorts
American production of pig iron and steel over the decade. (U.S. Geological Survey)

Steel Tariffs: What’s an American System Approach to Saving U.S. Industry?

By Nancy Spannaus March 8, 2018—President Trump’s announcement of his intent to impose 25% tariffs on U.S. steel imports, and 10% tariffs on aluminum imports, has stirred up an essential debate: What will it take to save the U.S. manufacturing sector? Is it even desirable for the government to exercise […]

by March 8, 2018 6 comments News
The Watts Bar dam on the Tennessee River, built from 1939 to 1942, provided urgently needed electricity for the World War II effort. (TVA.org)

News Shorts, Feb. 26-March 4, 2018

Democratic and Republican Lawmakers Blast Proposal to Sell Off Parts of TVA Feb. 25, 2018—The Trump budget proposal for selling off the transmission lines of the Tennessee Valley Authority (TVA) came under immediate attack from both Democrats and Republicans. Senator Lamar Alexander, Republican of Tennessee, called it a “looney idea.” […]

by February 26, 2018 2 comments News Shorts
Similar bubbles to the 2009 housing market bubble, are set to blow in 2018 (Wiki)

News Shorts, Feb. 12-18, 2018

  Stock Market Dives Catch Congress and Trump Flat-footed; Where is Glass-Steagall? Feb. 11, 2018—The major dives on the stock market last week shouldn’t have taken anyone in Washington by surprise, but it should finally grab their attention.  If it does, they will turn their minds to the legislation to […]

by February 12, 2018 2 comments News Shorts
Depiction of Congressional violence in 1798.

A Government Worth Fighting For

By Nancy Spannaus Feb. 2, 2018–It’s headline news these days that dozens of incumbent Congressmen are retiring for what they say are the rewards of “private life.” What are we to make of this rush to the exits? There is no question but that things are insane and dysfunctional in […]

by February 2, 2018 Comments are Disabled Commentary
These pistols, used in the duel which killed Alexander Hamilton, are appropriately displayed right outside Jamie Dimon's office in New York. (New York Historical Society)

Leading Banker Crows: Tax Bill is a Massive New Bailout

Dec. 21, 2017—Alexander Hamilton would be turning over in his grave at the celebrations of the tax bill just passed by the U.S. Congress. The speculators just got a huge win—and the consequences for the physical economy will ultimately be disastrous. JPMorgan Chase CEO Jamie Dimon had no shame about […]

by December 21, 2017 Comments are Disabled News
Drug money caught in a raid.

Wall Street Bankers and Drug Cartels Collude to Dope, Kill, and Destroy America

By Angela Vullo Dec. 15, 2017–Recent articles in the major press only underscore what serious investigators have known for decades: the Wall Street dope-dealing cartels are waging a lethal assault on American citizens, with mass death as the ultimate result. This unified alliance, known as Dope, Inc.,* starts with top […]

by December 15, 2017 Comments are Disabled News
Wolves of Wall Street Taking Over Trump Administration

Wolves of Wall Street Taking Over Trump Administration

Nov. 29, 2017—“Are there any rules for the banking industry that should be made stronger?”, Senator Elizabeth Warren (D-Mass) pressed Federal Reserve Chairman nominee Jerome Powell, during his confirmation hearing at the Senate Banking Committee on Nov. 28. “There are no places that we’re lacking,” he said. He supported rewriting […]

by November 30, 2017 Comments are Disabled News
Webinar Launches Renewed Mobilization for Glass-Steagall

Webinar Launches Renewed Mobilization for Glass-Steagall

  by Nancy Spannaus Sept. 27, 2017—In an approximately 50 minute webinar, held at AFL-CIO headquarters in Washington, D.C. Sept. 26, representatives of several citizen and labor groups launched a renewed mobilization for reinstituting Glass-Steagall banking separation. The webinar was jointly sponsored by Public Citizen, Americans for Financial Reform, and […]

by September 27, 2017 Comments are Disabled Glass-Steagall, News