Tag Archives: wealth

Wall Street Is Shrinking

Posted on November 3, 2011 by admin

Zachary Karabell The sorry saga of Jon Corzine and MF Global is another signal that the diminution of Wall Street is underway, says Zachary Karabell, with shrunken market capitalization and receding profits. As the Occupy Wall Street movement gathers momentum … Continue reading →

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China’s 99% — Why China Will Not Surpass the U.S.

Posted on November 3, 2011 by admin

Lyric Hughes Hale Author, ‘What’s Next? Unconventional Wisdom on the Future of the Global Economy’ The received wisdom these days is that the West is in rapid decline, and China is on an upward trajectory that cannot be stopped. Sooner … Continue reading →

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Too Big to Jail

Posted on November 3, 2011 by admin

Robert Scheer Editor, Truthdig.com; Author, ‘The Great American Stickup’ Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC … Continue reading →

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Exxon Profits Ironically Jump 41% While Our Government Snoozes Away

Posted on November 3, 2011 by admin

Raymond J. Learsy Author, ‘Oil and Finance: The Epic Corruption’ Like many, I was a skeptic the first time I encountered the Occupy movement. I longed to see a populist movement for economic justice, but it was hard to believe … Continue reading →

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What Does Wall Street Really Want?

Posted on October 12, 2011 by admin

Paul Brandeis Raushenbush Senior Religion Editor for the Huffington Post What does Occupy Wall Street want? This has been the continual question from the media, and the critique from skeptics. The question “what do they want?” has been used to … Continue reading →

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Bankers’ Salaries vs. Everyone Else’s

Posted on October 12, 2011 by admin

By CATHERINE RAMPELL Why are the Occupy Wall Streeters so angry at bankers? This chart might give you some idea: Via New York State Comptroller report. That chart is from a new report from the New York State Comptroller’s office … Continue reading →

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A Letter to the #Occup(iers): The principle of Non-contradiction

Posted on October 12, 2011 by admin

Lawrence Lessig Author, ‘Republic, Lost’; Founder, Rootstrikers Like a fever, revolutions come in waves. And if this is a revolution, then it broke first on November 4, 2008, with the election of Barack Obama, second, on February 19, 2009, with … Continue reading →

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Corporate Citizenship: How Public Dissent In Paris Sparked Creation Of The Corporate Person

Posted on October 12, 2011 by admin

Ryan Grim & Mike Sacks WASHINGTON — Of all the Occupy Wall Street refrains, one of the most memorable is, “I refuse to believe that corporations are people until Texas executes one.” But, clever as it is, the quip looks … Continue reading →

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Goodbye to All That: Reflections of a GOP Operative Who Left the Cult

Posted on September 8, 2011 by admin

Saturday 3 September 2011 by: Mike Lofgren, Truthout | News Analysis Barbara Stanwyck: “We’re both rotten!” Fred MacMurray: “Yeah – only you’re a little more rotten.” -”Double Indemnity” (1944) Those lines of dialogue from a classic film noir sum up … Continue reading →

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Why Did Capitalism Fail?

Posted on August 19, 2011 by admin

Bob Burnett Berkeley writer, retired Silicon Valley executive We live in interesting times. The global economy is splintering. U.S. voters hate all politicians and there’s political unrest throughout the world. The root cause of this turmoil is the failure of … Continue reading →

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