Truthout
Economy
Crony Capitalism: After Lobbying Against New Financial Regulations, JPMorgan Loses $2 Billion in Risky Bet
JPMorgan Chase, the nation’s largest bank, is under fire after losing at least $2 billion in derivatives trading it was warned carried high risk. The loss has renewed calls …
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Germany’s Attempt to Beat Greece Into Submission Won’t Work
Treating Greece like an incorrigible child won't improve its economy or the future of the eurozone. “German Patience with Greece Wears Thin,” says the New York Times headline. My patience …
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No Country for Rich Men
From Manhattan to Monaco, the world's wealthiest people are disconnecting into a class of stateless transients. Back in 1863, a short story took the American reading public by storm. …
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Boehner Vows Another Showdown Over Debt and Taxes
Boehneru2019s address to a Washington budget forum had chilling echoes of the 2011 clash over increasing the debt ceiling.
On the News With Thom Hartmann: A Lawsuit Could Put an End to the GOP’s Perpetual Senate Filibuster, and More
In today's On the News segment: Common Cause files suit against the US Senate over filibuster rules, all signs now point to a Greek default and exit from the …
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Today, ALEC Brings Lawmakers and Big Oil Together to Undermine Clean Energy
Today, behind closed doors in Charlotte, North Carolina, legislators from 15 states will meet with the oil and gas industry to discuss so-called “model legislation” as part of the American Legislative …
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A US Financial Transaction Tax: How Wall Street Can Pay for Its Mess
As we continue to suffer the consequences of the 2008-2009 global financial crash caused by casino capitalism, one idea for bringing some measure of control over speculative financial practices …
The Whole World Is Watching: NATO in Chicago
The NATO summit coming to Chicago in May has brought the eyes of the world to the overlap among questions of militarization, poverty and dissent in a globalized society. …
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In South America, Separating Fact From Fiction
Somehow, though, people like Mr. Paul donu2019t like to talk about events of the past century, for which we have reasonably good data; they like to talk about events …
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Grabbing the Bolt-Cutters With Take Back the Land
In Rochester, New York, activists are fighting to win control of Catherine Lennon-Griffin's foreclosed, bank-owned home as a community land trust, at her request — making this one of …