Tag Archives: Wall Street

High Finance + Heavy Industry = Screw Nearly Everyone

The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet | Politics News | Rolling Stone By exploiting loopholes in a dense, decade-and-a-half-old piece of financial legislation, Wall Street has effected a revolutionary change that American citizens never … Continue reading

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Hard truths, softly spoken, and well worth your attention.

Mark Leibovich on Glitz and Greed in Washington | Moyers & Company | BillMoyers.com Mark Leibovich on Glitz and Greed in Washington | Moyers & Company | BillMoyers.com.

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Planning and staging complete for next housing bubble. It’s on.

Housing Bubble on the Horizon » Counterpunch: Tells the Facts, Names the Names The banks are happy because they got everything they wanted; blanket legal immunity for garbage mortgages they plan to offload onto US taxpayers, a green light to … Continue reading

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Time to Rebel! Five Ways We Can Break the Big Banks Death Grip on the Economy

Two critical tools–the LIBOR fraud scandal and the potential to start exercising eminent domain to seize bank-owned properties–can supercharge the ongoing campaigns focused on Wall Street. For the first time we can align moral and legal arguments with real leverage to demand that … Continue reading

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The Scam Wall Street Learned From the Mafia | Politics News | Rolling Stone

“The men and women who run these corrupt banks and brokerages genuinely believe that their relentless lying and cheating, and even their anti-competitive cartel­style scheming, are all legitimate market processes that lead to legitimate price discovery. In this lunatic worldview, … Continue reading

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