Why Wages Won’t Rise

Stagnant Wages

Robert Reich: Today’s workers are less economically secure than workers have been since World War II. Nearly one out of every five is in a part-time job.

EU Showdown: Greece Takes on the Vampire Squid

Greek Economic Crisis

Ellen Brown: Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no more.”

How Inside Traders Are Rigging America

Insider Traders

Robert Reich: Major players on Wall Street have been making tons of money not because they’re particularly clever but because they happen to be in the realm where a lot of coins come their way.

The Global Bankers’ Coup

Financial Stability Board

Ellen Brown: “Bail-in” is not the law yet, but the G20 governments will be called upon to adopt the FSB’s resolution measures when the proposal is finalized after taking comments in 2015.

Wall Street’s Democrats

Wall Street Owns Democrats

Robert Reich: The Democrats’ unwillingness to close the carried-interest loophole when they could also goes some way to explaining why, almost six years after Wall Street’s near meltdown, the Obama administration has done so little to rein in the Street.

Deck the Malls

Black Friday Madness

Walter Brasch: It makes no difference what our faith or culture is, we enjoy the lights and inflatable snowmen, but sometimes wonder if extravagant displays are nothing more than neighborhood contests to show our pride of affluence.

Cyprus-Style Bail-ins to Hit Depositors AND Pensioners

European Banking Crisis

Ellen Brown: Wall Street-based pension fund managers, although losing enormous sums in the last crisis, will not necessarily act more prudently going into the next one. All the pension funds are struggling with commitments made when returns were good, and getting those high returns now generally means taking on risk.

And Now the Richest .01 Percent

Richest Americans Grow Richer

Robert Reich: The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses.

HR20: Reclaiming Our Democracy

Big Money in Politics

Leila Pedersen: The Government By the People Act, would combat the influence of big money in politics, raise civic engagement, and amplify the voice of everyday Americans.

Empathy Deficit Disorder

Empathy Deficit Disorder

Robert Reich: Most Americans aren’t suicidal, and most don’t work at the minimum wage. But many are deeply anxious about their jobs and panicked about how they’re going to pay next month’s bills.