Truthout
Economy
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Matt Taibbi: Bank of America Is a “Raging Hurricane of Theft and Fraud”
There are two things every American needs to know about Bank of America. The first is that it's corrupt. This bank has systematically defrauded almost everyone with whom it …
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Fired for a Short Skirt? The Realities of Anti-Worker Laws in Wisconsin and Ohio
Last year's labor protests across the Midwest rattled the country. They shook Republican politicians who thought they'd have an easy time erasing union workers' rights. They spurred thousands of …
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FDR Countered Wall Street’s Greed With Mass Prosperity
Today, national progress and national prosperity are being held back chiefly because of selfishness on the part of a few… You know their reasoning. They say that in the …
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Not So Different Future
Copyright Universal Uclick.
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Exxon Mobil’s Tax Rate Drops to 13 Percent, After Making 35 Percent More Profits on Rising Gas Prices in 2011
Exxon Mobil, the most profitable of the big five oil companies, made $41.1 billion in profits last year. Although Exxon made 35 percent more profits since 2010, its estimated …
Banking “Technocrats” Undermine Democracy
Paul Jay, Senior Editor, TRNN: Welcome to The Real News Network. I'm Paul Jay in Washington. In September 2011, at a time when the sovereign debt raiders, as some …
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Congress Takes a Step or Two Forward, Two Steps Back
Watching some of the news coming from Capitol Hill this week, two old music videos started buzzing around in our heads. One was the classic “I'm Just a Bill,” …
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The 1 Percent’s Doctrine for the 99 Percent
A little over a year ago, while researching the Confederacy's economy, I stumbled across this unnerving graph charting the value of America's “stock of slaves” in the last decades …
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Why Do New York Times Columnists Keep Swooning for Paul Ryan?
After David Brooks last year, now it’s James Stewart who has fallen for Paul Ryan’s rugged good looks. He attempts to defend Ryan’s tax proposals against charges that they favor the rich: "To …
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Burning Ice: The Next Energy Boom?
Set a lighter to an icy block of methane hydrate, a naturally frozen combo of methane gas and water, and flames spew forth at random. However unlikely this fluke …