Truthout
Economy
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Mass Anti-Austerity Protests Sweep Through Spain
Demonstrators hold signs outside the Bankia bank center during a previous housing protest in Madrid, April 18, 2012. (Photo: Carlos Lujan / International Herald Tribune)At least 100,000 protesters angered …
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Waiting for Copernicus: Moving Beyond Wall Street-Centric Economics
It’s happening in Buenos Aires. It’s happening in Paris and in Athens. It’s even happening at the World Bank headquarters. The global economy is finally shifting away from the …
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JPMorgan Sought Loophole on Risky Trading
(Photo: Swire / Flickr)Washington - Soon after lawmakers finished work on the nation’s new financial regulatory law, a team of JPMorgan Chase lobbyists descended on Washington. Their goal was …
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A Shock From JPMorgan Is New Fodder for Reformers
It didn’t take long for bank reformers to say we told you so. JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter …
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CBO Report: Boosting Oil Production Won’t Protect Americans from Gasoline Price Shocks
More domestic drilling does not make America less susceptible to global supply disruptions or protect consumers from gasoline price volatility, according to a new analysis from the Congressional Budget Office. The …
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Greece: Possible Scenarios and Hope on the Left
Translated Thursday 10 May 2012, by Gene Zbikowski and reviewed by Henry Crapo. The formation of a coalition government following the legislative elections seems impossible. Despite the resounding success …
Creating a New Economy for the Poor, Starting With Women in the Third World
In many ways, despite advances in technology, the exploitation of the poor by the haves has not changed much over the past few centuries - nor has ignoring those …
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Of Bedrooms and Boardrooms
The 2012 election should be about what’s going on in America’s boardrooms, but Republicans would rather it be about America’s bedrooms. Mitt Romney says he’s against same-sex marriage; President …
What Americans can Learn from Eurocrisis
Guest: Michael Hudson is a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of …
From Coal to Foreclosures, Bank of America Faces Protest at Shareholders’ Meeting in Charlotte
Occupy Wall Street protesters, environmental activists, and struggling homeowners are converging in Charlotte today for a protest outside Bank of America’s annual shareholder meeting. The protesters are calling attention …