Are we are in another credit bubble getting ready to pop?
Published in partnership with Shadow Proof. Yet more evidence that having a Wall Street-led recovery was a bad idea. The third installment in the Reuters series on post-crash Corporate America, called “The Cannibilized Company,” details a sad state of affairs for workers employed by large companies that turned to stock buybacks financed by
Can we call this neo-feudalism yet?
Published in partnership with ShadowProof. According to a new report by the Institute for Policy Studies (IPS) America’s 20 wealthiest people now own more wealth than the bottom half of the American population combined. IPS calculates the top 20 in the Forbes 400 richest list own more wealth than 152 million people in 57 million
Instead of any debate or soul-searching, Hillary Clinton has done the rhetorical equivalent of throwing sand in peoples’ eyes.
https://www.youtube.com/watch?v=d4r11_Hwao0 Published in partnership with ShadowProof. For a moment in this election cycle, it appeared that events had conspired to force the Democratic Party to finally have a serious conversation about their complicity in Wall Street’s reckless behavior and crimes. The 2008 financial crisis is
A report from the Pew Research Center released Thursday claims that more Mexicans are leaving the US than entering it.
Published in partnership with Shadowproof. A report from the Pew Research Center released Thursday claims that more Mexicans are leaving the US than entering it. According to report there has been a net decline of 140,000 Mexican immigrants from 2009 to 2014. The reasons for the decline were tied to the Great Recession and Mexican immigrants
Sen. Tom Cotton, R-Ark. arrives to pose for photographe […]
Published in partnership with ShadowProof. On Monday, the right-wing campaign to destroy the Social Security program took an odd turn when Republican US Senator Tom Cotton of Arkansas claimed the use of Social Security disability benefits was tied to drug addiction. In a speech before the Heritage Foundation, Senator Cotton took the standard
Despair and a lack of belief in the future sown by neoliberalism led to increased suicide and drug use, with the trend most pronounced among poorer middle-aged whites.
Published in partnership with ShadowProof. A new study from Princeton University [PDF] shows an extraordinary increase in the mortality rate among middle-aged white non-Hispanic Americans since 1999. Mortality rates declined for other racial groups in the US during the same period and there is no equivalent trend anywhere else in the developed
Occupy Wall Street joins the NAACP as they marched in m […]
Published in partnership with Shadowproof. According to the 2015 wealth report by Credit Suisse, the global top wealth percentile now own half of all household assets in the world. The increased financialization of the world economy combined with political systems bent towards the wealthy has led to an incredibly unequal world where a relative