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.

How Great Wealth Undermines Democracy

Dick and Sharon ; sdube ; sohiniray7 ; jdchapman15 ; jgould ; rmnelson2 ; thaywood ; snas ; smkyle1 ; joana.amador ; dick_and_sharon

Lawrence Wittner: Americans talk fondly of equality, but, to paraphrase a statement in George Orwell’s satire about another allegedly classless society, in this country some people are more equal than others.

Can a Higher Minimum Wage Lower Your Quality of Life?

Minimum Wage Risks

Joe Mathews: The question itself–will workers getting a raise be better off?–has been missing from this fall’s white-hot debate over efforts in San Francisco and Los Angeles to establish $15 per hour minimum wages.

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