What We Could Do with a Postal Savings Bank

post office

Ellen Brown: Postal banking systems are ubiquitous in other countries, where their long record of safe and profitable public banking has proved the viability of the model.

Making the World Safe for Banksters: Syria in the Cross-Hairs

syrian cash

Ellen Brown: Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? Here is one overlooked scenario.

Why Eliot Spitzer Makes Wall Street Quiver

Eliot Spitzer

Ellen Brown: Before Eliot Spitzer’s infamous resignation as governor of New York, he was one of our fiercest champions against Wall Street corruption, in a state that had some of the toughest legislation for controlling the banks.

Wall Street Pulls an Enron With Commodities

wall street and elizabeth warren

Joseph Palermo: Even before we’ve had a chance to recover from the Great Recession caused by their earlier malfeasance, the usual suspects among Wall Street’s “too big to fail” banks continue to plunder our society by artificially driving up commodity prices.

Why Democrats Can’t be Trusted to Control Wall Street

President Obama talks with Jack Lew and Tim Geithner (Official White House Photo by Pete Souza)

Robert Reich: Who needs Republicans when Wall Street has the Democrats? With the help of congressional Democrats, the Street is rolling back financial reforms enacted after its near meltdown.

Time to Bell the Obama Cat?

obama thinking

Norman Solomon: Whether or not Obama’s vicious assault on Social Security is successful, it has already jolted an unprecedented number of longtime supporters. It should be the last straw, suffused with illumination.

Why Jobs Trump Deficit Reduction

seasonal workers

Robert Reich: Friday’s jobs report shows an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

Fiscal Cliff: Wall Street’s Latest Scam

jeffrey immelt

RJ Eskow: The CEOs of America’s largest corporations have banded together to lecture us on the importance of debt reduction. And despite their lack of qualifications and their very obvious self-interest, the media can’t get enough of them.

The Terrible Economy and the Anti-Election of 2012

obama phone

Robert Reich: The worst economy since the Great Depression and you might think at least one of the candidates would come up with a few big ideas for how to get us out of it. But you’d be wrong.

Welcome to the New Normal America

obama golden valley

Joseph Palermo: Wall Street banks should be pouring money into Obama’s reelection since he’s been so good to them, and the neocons should be rejoicing in his establishing precedent for more unchecked executive power.

The Wisconsin Recall

wisconsin recall

Bill Fletcher: What is important is that the fight is taking place and that representatives of the “99%” are resisting injustice.

Vulture Capitalism: Both Parties Want to Stay on Wall Street’s Good Side

cory booker

Joseph Palermo: The evidence is mounting that the 1 percent controls both of our major political parties. And now the corporate wing of the Democratic Party is getting pissy about the “tone” that its standard bearer is showing toward vulture capitalism?

Time to Retire the 99 Percent

occupied wall street journal

Walter Brasch: It’s time to retire the 99 percent. Not the people, but the slogan that identifies the Occupy Movement.

The Dog That Didn’t Bark: Obama on JP Morgan

obama black children

Robert Reich: Obama can can take on Romney and the system that allows private-equity managers to continue to make huge profits at the expense of average Americans.

Goldman Sachs: An Old-School Mafia Family?

goldman sachs cares

Joseph Palermo: The amazing thing about Mr. Smith’s decision to break the code of omertà at Goldman was the fact that an employee existed there at all who was still capable of making a moral or ethical judgment and could even express something resembling remorse.

Why Goldman’s Greg Smith’s Critique Is Way Too Narrow

goldman sachs muppets

Robert Reich: If you took the greed out of Wall Street all you’d have left is pavement. The problem is endemic abuse of power and trust.

Livestreaming: Telling the Truth About Occupy in Real Time

occupy la lapd standoff

Tina Dupuy: Livestreamers now feel they’re holding the torch for truth but also nonviolence as a way to build a broad coalition movement. This means they get attacked online and threatened as part of their vocation. You know, just like real journalists.

Move Our Money: New State Bank Bills Address Credit and Housing Crises

move our money

Ellen Brown: We may not be able to beat the banks, but we don’t have to play their game. We can take our marbles and go home.

How Greece Could Take Down Wall Street

occupy los angeles

Ellen Brown: As Aristotle told this ancient Greek tale, Midas died of hunger as a result of his vain prayer for the golden touch. Today, the Greek people are going hungry to protect a rigged $32 trillion Wall Street casino.

Ex-Marine Fights Freddie Mac to Save His Home

de los santos family

Peter Dreier: recent report sponsored by bank reform groups reveals that if banks lowered the principal balance on all underwater mortgages to their current market value, it would pump over $70 billion per year back into the economy.

Occupy Movement Recharges for 2012

occupy keystone

Randy Shaw: The Occupy movement could greatly benefit from choosing a similar big target that could engage activists across the world.

The Working Class Begins to Fight Back

Occupy LA (Photo: Michael Daussalt)

Bill Leumer and Ann Robertson: The Occupy Wall Street movement drew the obvious conclusion: meaningful change will happen, not by endless waiting for the politicians to act, but by working people relying on themselves and acting collectively.

Occupy War! Stay After the Rose Parade to Hear Cindy Sheehan Speak!

cindy sheehan

Steve Fine: While the Occupy Movement has been busy targeting the dominance and corruption of the 1% on the domestic side, it has inadvertently given those same people a massive free pass on the foreign policy side. This needs to change.

Stop Picking on Poor Plutocrats

2012

David Swanson: After 10 months of election obsession and lesser-evilism, this place could look more or less the way it would have had Occupy never arisen.

The Defining Issue: Not Government’s Size, but Who It’s For

gop and taxes

Robert Reich: Not a day goes by without Republicans decrying the budget deficit. But the biggest single reason for the yawning deficit is big money’s corruption of Washington.

They’d Like to “Occupy” Their Own Homes

clifford choice

Paulina Gonzalez: House by house, block by block, the residents of these South Central neighborhoods are being pushed out by landlords eager to capitalize on USC’s expansion.

What Will the Democratic Left Do in 2012?

gene mccarthy

Lawrence Wittner: Contrasting the administration’s all-out effort to save Wall Street with its indifference to Main Street, many progressives wonder if they have gained anything worthwhile with Obama’s election.

The Way to Occupy a Bank Is to Own One

occupy la

Ellen Brown: The campaign to “move your money” has gotten a groundswell of support. Having greater impact would be to “move our money” — move our local government revenues out of Wall Street banks into our own publicly-owned banks.

Why Today’s Politicians Love Teddy Roosevelt

teddy roosevelt

Why are today’s politicians drawn to Theodore Roosevelt? Is it his political beliefs and achievements? No, says historian Rosemarie Ostler. It is more likely his pugnacious personality and his pungent way with words.

Friday Feedback: What’s Next for Occupy?

define necessity

Friday Feedback: To just hold signs and chant about being the 99% and it being so unfair may have reached the point of diminishing returns while the mercurial attention of the American media and public is turning to the next shiny object.

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