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Nation Topics - Disaster Capitalism

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Nation Topics - Disaster Capitalism

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Jamie Dimon

Despite Jamie Dimon’s record as a leader in the radical deregulation of banking, Obama continues to cozy up to his Wall Street backer.

Obama at G20

Meanwhile, activists organized a counter-summit to discuss the problems world leaders were unwilling to address. 

Lawrence Summers

But Main Street must still live with the consquences of the policies he helped engineer. 

The recovery could be an opportunity to realign our relationship with the natural world.

Destruction from Super Storm Sandy

The recovery could be an opportunity to realign our relationship with the natural world.

A massive run on weak banks could destroy the euro economy. Only unlimited deposit insurance, backed by a strong central Treasury, can prevent the worst.

The American West in Flames

This is not a “perfect storm” but the new normal in the American west.

Land parched by drought in China

Denialists are dead wrong about the science. But they understand something the left still doesn’t get about the revolutionary meaning of climate change.

The only way to provide for a growing populace in need of a larger infrastructure is by raising the debt ceiling.

Blogs

A new poll suggests that the pointman for the Republican assault on Social Security, Medicare and Medicaid could lose.

December 14, 2011

Governments are suspending the basic rules of democracy on both sides of the Atlantic in the name of emergency financial management.

December 14, 2011

 "Wall Street's out of control," declares the nation's top labor leader, as key unions begin to endorse the protest and call for similar demonstrations across the country.

September 30, 2011

As a Democratic president bows to the GOP’s far right, House Minority Leader Nancy Pelosi tells colleagues to vote their consciences. Half of House Democratic Caucus opposes Obama’s position.

August 1, 2011

The IMF warns that an international crisis looms, as Pelosi condemns Boehner for going “to the dark side.”

July 31, 2011

As global markets begin to stall because of GOP gamesmanship, the pointman on fiscal issues for Britain's conservative-led government warns that the extremists who are attacking the US economy could create a worldwide crisis.

 

 

July 25, 2011

It was tax day in 2009 that saw the first Tea Party protests, and the FOX-led media firestorm that's followed has made it seem as though the Tea Party's the only game in town if you want to complain about bailouts.  This year, though, as tax day approaches, a new wave of protest is sweeping the country.

March 9, 2011

The GOP is manipulating the current financial situation to push through unpopular policies that would have never gotten them elected.

March 9, 2011

Vermont Senator Sanders wanted to know how the Pentagon deals with companies that defraud it. He demanded an accounting. Over a three-year period, contractors convicted of committing civil and criminal fraud were given new contracts worth $285 billion. Yes, that's billion with a “B.”

February 3, 2011

First, Washington squandered tax dollars on unnecessary wars. Next, Washington bailed out the big banks. Now, the battlelines of 2011 are drawn. President Obama's "Deficit Commission," Republicans in Congress and even some Democrats say the country's broke and that we're going to have to put Social Security, Medicare, Medicaid and other social programs at risk to balance the books. What the right response? "We Won't Pay for Their Crisis."

January 3, 2011