What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB
It’s a war for the dollar—and the big banks. The rest of us better hold on tight.
Mar 21, 2023 / James K. Galbraith for The Nation
Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account Elizabeth Warren Is Right: Jerome Powell Should Be Held to Account
With the Silicon Valley Bank collapse, the senator demands an independent investigation of the Fed, and says Powell should not continue as its chair.
Mar 21, 2023 / John Nichols
The NHL Stares Down Bigotry—and Blinks The NHL Stares Down Bigotry—and Blinks
James Reimer’s refusal to wear a Pride jersey during warm-ups of a game was not religious. It was political.
Mar 20, 2023 / Dave Zirin
Democrats Face a Terrible Reckoning on Bank Bailouts Democrats Face a Terrible Reckoning on Bank Bailouts
Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.
Mar 17, 2023 / Jeet Heer
Just Because ChatBots Can’t Think Doesn’t Mean They Can’t Lie Just Because ChatBots Can’t Think Doesn’t Mean They Can’t Lie
Or that they haven’t already started to pollute Google searches. And if publishers win their lawsuit against the Internet Archive, verifying facts and quotes will get a lot harder.
Mar 17, 2023 / Maria Bustillos
A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity
With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.
Mar 17, 2023 / Doug Henwood
The Latest Banking Crisis Is Brought to You by the Federal Reserve The Latest Banking Crisis Is Brought to You by the Federal Reserve
There’s a lot of blame to go around for the failure of the Silicon Valley Bank. But the Fed’s myopic attitude towards inflation bears much of the responsibility.
Mar 17, 2023 / Sasha Abramsky
Silicon Valley Bank Didn’t Fund Black Lives Matter Silicon Valley Bank Didn’t Fund Black Lives Matter
The lies peddled by Fox News are getting more and more blatant.
Mar 16, 2023 / Joan Walsh
Why Is the Republican Party Suddenly Weakening Child Labor Laws? Why Is the Republican Party Suddenly Weakening Child Labor Laws?
Rolling back restrictions on child labor and dismantling public education will make the country far more unequal. For today’s GOP, that’s a feature, not a bug.
Mar 16, 2023 / Jack Schneider and Jennifer C. Berkshire
Everyone Has the Right to Food Everyone Has the Right to Food
For a country that projects itself as the richest in the world, hunger remains hidden by design.
Mar 15, 2023 / Beverly Gologorsky