Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate, with donations
The goal for all working families remains a secure, sustainable job and a real improvement in our standard of living. Here's how we get there.
So let's assume the $10 billion in available assets from the state-owned bank were used to repurchase these bonds. The state
Good journalism and good economics requires an open debate about the key issue driving the Sanders revolt: runaway inequality.
In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed's "independence" by tapping its reserves and bank dividends for infrastructure funding.
At a time when people are proposing that the USPS reinstate public banking -- a service that would help millions of Americans -- Barnett is clearly the wrong choice for the USPS Board.
Contract talks between the American Postal Workers Union (APWU) and the U.S. Postal Service for a new contract start Thursday. Along with asking for fair wages and benefits, the APWU wants improvements in customer services, including postal banking.
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend.
Rather than reining in the massive and risky derivatives casino, the new rules prioritize the payment of banks' derivatives obligations to each other, ahead of everyone else.
Mortgage debt overhang from the housing bust has meant lack of middle-class spending power and consumer demand, preventing the economy from growing.
For all elections, public financing is needed, in order to ensure that voters hear from all candidates rather than just the most well-funded.
There is no need to sequester funds urgently needed by Main Street to pay for Wall Street's malfeasance. Californians can have their cake and eat it too - with a state-owned bank.
On March 20, 2014, European Union officials reached an historic agreement to create a single agency to handle failing banks. Media attention has focused on the agreement involving the single resolution mechanism, a uniform system for closing failed banks.
None of this will come easy. But this report lights the way. It should be repeated in city after city, in state after state, so that everyone can see just how Wall Street is impoverishing the richest country on Earth.
Investigative reporter Greg Palast is usually pretty good at peering behind the rhetoric and seeing what is really going on. But in tearing into Senator Elizabeth Warren's support of postal financial services, he has done a serious disservice to the underdogs.
Even when the balance is paid on time every month, credit card use imposes a huge hidden cost on users -- hidden because the cost is deducted from what the merchant receives, then passed on to you in the form of higher prices.
December 23, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed?
"We've had a few attempts to privatize it in the mid to late eighties, but they never really went anywhere," Hardmeyer said