Truthout
News Analysis
In London, Mitt Banks on the Wrong Horse
So what do you get when you combine Mitt Romney, expensive horseflesh, fancy dinners and a financial scandal in the City of London? An interesting confluence of people and …
Rupert Murdoch May Be a Convenient Demon, but the Media Is a Junta
At the end of the World War II, 80 percent of US newspapers were independently owned. By 1987, most were controlled by 15 corporations, six of which now dominate.
Who Wants Big Banks?
Thirty years ago, Merton Miller, one of the giants of modern finance, was at a banking conference when a banker said he couldnu2019t raise more capital by selling stock …
A Wall Street Gambling Tax: The Remedy to Inequality
Taxing Wall Street speculation is a great way to raise whatever money might be needed to meet deficit targets.
New Israeli Deputy PM Undercuts Strategy of Pressure on Obama
By staking out a policy line on Iran reflecting the views of the Israeli national security leadership, Deputy Prime Minister Shaul Mofaz has undercut the Benjamin Netanyahu governmentu2019s carefully …
Government by the Banks, for the Banks: The ESM Coup D’Etat in Europe
On Friday, June 29th, German Chancellor Angela Merkel capitulated to changes to a permanent Eurozone bailout fundu2014u201cbefore the ink was dry,u201d as critics complained. Besides easing the conditions …
How Iran Might See the Threats
Hard-headed realism and outside-the-box thinking might be needed to avert another catastrophe in the Middle East, this time an Israeli attack on Iran and the unpredictable consequences. In that …
Fighting For the Soul of the Carpenter’s Union
All working people should pay attention to the egregious assault on union democracy happening in the Carpenters Union's Pacific North West Regional Council, which covers all the Carpenter's Locals …
Legacy of Honduran Coup Still Threatens Democracy in Latin America
It was three years ago that the Honduran military launched an assault on the home of President Mel Zelaya, kidnapped him, and flew him out of the country. …
Six Ways the Big Banks Are Getting Back-Door Bailouts
The country's biggest banks are happy to make their money from the same governments about which they love to whine.