Tag Archives: economic inequality

Global billionaire wealth tops $10 trillion as COVID-19 deaths mount

By Jacob Crosse Source: WSWS.org The collective wealth of the world’s 2,189 billionaires has risen to $10.2 trillion, an increase of nearly $1.3 trillion in the past three years, according to a new report by the Swiss bank UBS and … Continue reading

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Inflation Is Stealth Austerity

By Charles Hugh Smith Source: Of Two Minds Rather than decry austerity, which demands an open political discussion of trade-offs, we should decry inflation’s stealthy reduction of purchasing power. Austerity–bad. Inflation–good. Oh wait–they’re the same thing: both are a reduction … Continue reading

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The Fed Has Loaned $1.2 Billion from its TALF Bailout Program to a Tiny Company with Four Employees

By Pam Martens and Russ Martens Source: Wall Street on Parade Every Wall Street bailout program that the Fed has created since September 17 of last year has, according to the Fed, been ostensibly created to somehow help the average … Continue reading

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An Unprecedented 1,640 CEOs Departed in 2019; Now Execs Are Dumping Stock at Highest Pace Since 2006

By Pam Martens and Russ Martens Source: Wall Street on Parade A rather fascinating picture is emerging that suggests that things were not as rosy in the U.S. economic landscape prior to the pandemic as President Donald Trump and his … Continue reading

Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, History, Inequality, news, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , | 1 Comment

How big corporations are draining the life out of a sick America

If today’s companies were truly offering a fair return to the taxpayers who built their businesses, they’d be doing a lot more to ensure that all Americans have the means to support their families. By Paul Buchheit Source: Nation of … Continue reading

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America’s Death March

By Chris Hedges Source: Mint Press News The terminal decline of the United States will not be solved by elections. The political rot and depravity will continue to eat away at the soul of the nation, spawning what anthropologists call … Continue reading

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That Change You Requested…?

By James Howard Kunstler Source: Kunstler.com All the previous incidents of white cops killing blacks were just too ambiguous to seal the deal. Michael Brown in Ferguson, Missouri (a murky business); Tamir Rice in Cleveland (waving the BB gun that … Continue reading

Posted in Activism, Authoritarianism, civil liberties, culture, Economics, elites, Financial Crisis, Inequality, news, Oligarchy, police state, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , , , , , , , | 1 Comment

Revolution Is Inevitable and Necessary

By Jason Holland Source: Dissident Voice None are so hopelessly enslaved, as those who falsely believe they are free. The truth has been kept from the depth of their minds by masters who rule them with lies. They feed them … Continue reading

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