Tag Archives: financial crisis

The social and economic roots of the attack on democratic rights

Inequality and the American oligarchy By Eric London Source: WSWS.org A report published September 27 by the US Federal Reserve, the Survey of Consumer Finances, shows that the top 10 percent of Americans now own 77 percent of all wealth. … Continue reading

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Financialization, precarity and reactionary authoritarianism

By increasing global competition, the precariousness wrought by financialization has laid the foundations for reactionary authoritarianism around the world. By Max Haiven Source: ROAR Financialization: Fictitious Capital in Popular Culture and Everyday Life, released last month in paperback from Palgrave … Continue reading

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And empires die

Source: Intrepid Report Nothing ever seems to last, everybody changes oh so fast, promises made promises lost and pride is kept at any cost, And flowers die, and children cry, and lonely people carry on. —Palermo & Farruggio 1970 That … Continue reading

Posted in Conspiracy, Corporate Crime, Corruption, culture, Dystopia, Economics, Empire, Financial Crisis, Geopolitics, Health, History, Inequality, Labor, Militarization, Recession, Social Control, Social Engineering, society, State Crime, war, wasted taxpayer dollars | Tagged , , , , , , , , , , , , , , , , | 3 Comments

What Happened to All Those Foreclosed Houses?

Wall Street bought them — and is now leasing them out and driving up rents. By Jim Hightower Source: OpEdNews.com We know that millions of American families lost their homes after Wall Street’s 2007 financial crash. But where did all … Continue reading

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When the Butterfly Flaps Its Wings

By James Howard Kunstler Source: Kunstler.com It remains to be seen what the impact will be from Mother Nature putting the nation’s fourth largest city out-of-business. And for how long? It’s possible that Houston will never entirely recover from Hurricane … Continue reading

Posted in culture, Dystopia, Economics, Empire, Energy, Environment, Financial Crisis, History, news, Recession, society | Tagged , , , , , , , , , , | 1 Comment

Just Wait a Little While

By James Howard Kunstler Source: Kunstler.com The trouble, of course, is that even after the Deep State (a.k.a. “The Swamp”) succeeds in quicksanding President Trump, America will be left with itself — adrift among the cypress stumps, drained of purpose, … Continue reading

Posted in Corporate Crime, culture, Deep State, Dystopia, Economics, Energy, Financial Crisis, Labor, Recession, society, Sociology, State Crime, Work | Tagged , , , , , , , , , , | 2 Comments

The Status of the Global Oligarchy

By Francesca de Bardin Source: Global Research The term oligarchy is derived from the Greek words meaning “rule or command by a few.” The term is generally used in the derogatory sense to describe a tyrannical system that practices oppression to ensure … Continue reading

Posted in Activism, Conspiracy, Corporate Crime, Corruption, culture, Deep State, Dystopia, Economics, Empire, Inequality, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , | 1 Comment

Now Just Five Men Own Almost as Much Wealth as Half the World’s Population

By Paul Buchheit Source: CommonDreams Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the … Continue reading

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