By Nomi Prins | ( Tomdispatch.com) | – – Treasury Secretary Steven Mnuchin doesn’t exactly come across as the guy you’d want in your corner in a playground tussle. In the Trump administration, he’s been more like the kid trying to cop favor with the school bully. That, at least, is the role he seems […]
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Banking
Top 4 Things Paradise Papers tell us about Super-Rich
Tax avoidance is a booming industry
Trump could reform the Banks, or start 2nd Great Depression; Which is most Likely?
By Nomi Prins | ( Tomdispatch.com Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a lot. It would be huge! Terrific! It could change our world for the better in a big-league way! It could save us all from economic disaster! […]
From ‘Draining the Swamp’ to Bankocracy: All Trump’s Betrayals
By Nomi Prins | ( Tomdispatch.com | – – Irony isn’t a concept with which President Donald J. Trump is familiar. In his Inaugural Address, having nominated the wealthiest cabinet in American history, he proclaimed, “For too long, a small group in our nation’s capital has reaped the rewards of government while the people have […]
America’s Rigged Casino of Wealth and Power: Trump’s New Gilded Age
By Sam Pizzigati | ( Inequality.org In the years right after World War II, average Americans got ahead. Now Americans are getting headaches — from a ferociously top-heavy distribution of the nation’s income. In every society, some people hold more wealth than other people. Every society, in other words, has a rich. But not every […]
Why couldn’t the Corporate Old Boys’ Network Stop Trump?
By Johan Chu & Jerry Davis | (The Conversation) | – – If corporate money controls our politics, as Bernie Sanders and others have claimed, then how did the Republican Party – the reputed party of business – manage to nominate a candidate whom almost no one in Big Business supports? And why have so […]
When Corporations use havens, you Pay their taxes; & the leading Candidates have Havens
By Nomi Prins with Craig Wilson | (Tomdispatch.com) | – – There’s a pile of money hiding offshore. It’s true that jobs are also leaving the United States because American companies find it convenient to cut labor costs by moving manufacturing abroad, the economic issue you’re hearing most about in this election season. But the […]
The Chinese are Coming: First ‘New Silk Road’ Train reaches Iran’s Capital
By Juan Cole | (Informed Comment) | – – In a sign of China’s increasingly powerful role in Central Asia and the Middle East, on Tuesday a Chinese train arrived in Tehran after a 14-day journey. The freight train just used existing rail links to go from China to Kazakhstan, then to Uzbekistan, then Turkmenistan, […]
Fearing the Bern, Billionaire Bloomberg Threatens to Buy Election for Establishment
By Jon Queally, staff writer | ( Commondreams.org ) | – – Former New York City mayor indicates willingness to spend “at least $1 billion”… especially if Sanders bumps Clinton. Is the real establishment getting worried? As news broke Saturday afternoon that billionaire former New York City mayor Michael Bloomberg is “seriously” considering the idea […]
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