070116-top1percent-earners1
04 Jul 2016

US Income Inequality Reaches Historic High

The land of opportunity? Not so much. In fact, the rich are getting richer at a historic rate.

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chain_of_title_final
26 May 2016

Chain Of Title: A View From The Ground

Though the damage of the housing crisis has been done and the culprits are rich and free, understanding what really happened may help us stop them next time

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President Barack Obama walks through an honor cordon before the United States Coast Guard Academy commencement in New London, Conn., May 20, 2015. (Official White House Photo by Pete Souza)
16 May 2016

President Obama Blames Young Voters For His Failures In Commencement Address

It appears that young voters are going to be the excuse for why a campaign based on hope and change produced mostly hot air.

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Bloomberg Business Week cover, adapted from photo by koka_sexton on Flickr.
11 May 2016

Hedge Fund Industry Shows Weak Returns As Managers Take Home $13 Billion

Despite a thoroughly lackluster performance recently, the hedge fund industry is still setting records in executive compensation.

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George W. Bush and Hillary Clinton. Source:The Hill/Twitter
09 May 2016

Hillary Clinton Goes On Wall Street Fundraising Spree, Picks Up Bush Donors

It now appears that Hillary Clinton is confident enough in her mathematical advantage over Bernie Sanders that she resumed taking money from Wall Street.

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Protest against the Wall Street bail out: Wall Street, NYC - September 25, 2008. Photo by a. golden, eyewash design
13 Apr 2016

Too Big To Fail Banks Still Failing ‘Living Will’ Tests

Federal regulators have now rejected living wills from JPMorgan, Bank of America, Wells Fargo, Bank of New York Mellon, and State Street.

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Paul Krugman and Charlie Stross (Photo by Cory Doctorow on Flickr)
08 Apr 2016

Paul Krugman Doesn’t Understand The 2008 Financial Crisis

That an economist could be so misinformed (if not disingenuous) on such a vital economic issue is extremely disappointing.

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Photo By CartoonDiablo own work, released under Public Domain. [Public domain], via Wikimedia Commons
06 Apr 2016

Was Corporate Media Too Dumb To Understand Sanders Bank Breakup Plan?

The usual suspects in infotainment claim Sanders somehow blew an interview with The New York Daily News and does not understand how to breakup the banks.

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Cover By The Economist [Public domain], via Wikimedia Commons
28 Mar 2016

Establishment Slowly Conceding US Capitalism Is Broken

In perhaps the most embarrassing defection from neoliberalism yet, The Economist has admitted US capitalism is in desperate need of government intervention.

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Jacobswealth
27 Mar 2016

Report: 74% Of Billionaire Wealth From Rent-Seeking

A new report offers a breathtaking estimate of how the rich have gotten richer: 74% of billionaire wealth was gained through socially useless activity.

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