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Tag Archives: Bankster Crime Wave
The Fed Had A Job Opening, So, Of Course, It Picked Another Goldman Sachs Executive
By Zach Carter & Ben Walsh The Huffington Post (8/17/15) The Federal Reserve can’t stop hiring Goldman Sachs executives. On Monday, the Dallas Fed named former Goldman Sachs Vice Chairman Robert Kaplan as its president — a post with significant regional … Continue reading
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How Goldman Sachs Profited From The Greek Debt Crisis
The investment bank made millions by helping to hide the true extent of the debt, and in the process almost doubled it. By Robert Reich The Nation (7/16/1%) The Greek debt crisis offers another illustration of Wall Street’s powers of … Continue reading
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Austerity Is A Weapon
There are alternatives to submitting to the big banks. We hope Greece, and the rest of the world, begins to pursue a new economy rather than kow-towing to bankster criminals. By Margaret Flowers Popular Resistance (7/12/15) Austerity, decreased spending by government … Continue reading
Making A Tragic Joke Of Democracy: The Secret Taxpayer Bankster Bailouts
Why won’t they say exactly who is getting all the money? (Editor’s Note: This excellent video was done before the Greek debt crisis but explains how the bank bailout thefts worked in Ireland and Spain. Finally, we see a financial … Continue reading
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Chris Hedges: We Are All Greeks Now
The tyranny of these financial elites knows no limits. They will impose ever greater suffering and repression until we submit or revolt. I prefer the latter. But we don’t have much time. By Chris Hedges Truthdig (7/12/15) The poor and … Continue reading
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4 Lessons From Iceland And Greece For Movements Fighting Austerity
By George Lakey Waging Nonviolence (7/8/15) After dining on cod on July 7, European leaders representing the economic elites went back to work figuring out how to run over the Greek majority in Europe’s first democracy. The serving of cod, … Continue reading
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Eric Holder, Wall Street Double Agent, Comes In From The Cold
The extraordinary run Holder just completed as one of history’s great double agents. By Matt Taibbi Rolling Stone (7/10/15) Eric Holder has gone back to work for his old firm, the white-collar defense heavyweight Covington & Burling. The former … Continue reading
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The Economic & Moral Collateral Damage Of Austerity
A bogus moral authority seems to accompany the accumulation of wealth — a sense that one deserves it, while those without wealth deserve servitude and hopelessness. By Robert C. Koehler BuzzFlash (7/9/15) “Officials in France and in Brussels said on … Continue reading
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Corporate Tool: Eric Holder Returns Home To Wall Street-Tied Law Firm After Years Of Refusing To Jail Bankers
www.infiniteunknown.net Democracy Now! (7/8/15) In the latest sign of the revolving door between Wall Street and Washington, recently retired U.S. Attorney General Eric Holder is returning home — to the corporate law firm Covington & Burling, where he worked … Continue reading
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Thomas Piketty Explains Why the Germans Are Being Massive Hypocrites About Greece’s Debt
By Jordan Weissmann Slate (7/6/15) Sure, Thomas Piketty comes up a lot in conversations about income inequality. But the man is good at putting economic issues into world-historical context and has some very strong opinions about the madness currently … Continue reading
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Much Of The Criticism Of Greece Is Lazy & Oversimplified
On The Media (7/3/15) Arguably no country in Europe has struggled more than Greece in recovering from the financial crisis, nor been blamed as much for their own suffering. As the fate of the Syriza government and Greece’s presence in the Eurozone … Continue reading
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Hey, Obama. It Can Be Done! Iceland Just Jailed 7 Bank Executives For Market Manipulation
True Activist (6/27/15) In one of the biggest cases of its kind, seven executives from the Kaupþing bank have been handed prison sentences for market manipulation today. According to The icelandmonitor: “By fully financing share purchases with no other surety than the … Continue reading
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How to Punish Bank Felons: Make Them Pay (And Send Some Of The Crooks To Prison)
When real people plead guilty to felonies, they go to jail. But big banks aren’t people despite what the five Republican appointees to the Supreme Court say. The executives who run these banks aren’t going to jail, either. By Robert Reich … Continue reading
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Want To Understand The Greedy, Destructive 1%? Then Understand That I% Of The Population Are Psychopaths
“Not all psychopaths are criminals. They are in business, government, academia and media.” By Kelly Daniel CNN (6/17/15) After every horrific crime that shocks us, the next question we often ask is, “How could anyone do such a thing?” … Continue reading
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Self-Confessed Psychopath Is Well-Paid Tutor To Corporate CEOs
“I tell them, get rid of the empathy. Focus on what you’ve got to do.” By Nina dos Santos CNN (5/29/15) London (CNN) — Andy McNab is trying to convince me that being a psychopath is good for business. “When I look … Continue reading
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