Category Archives: News

RECENT NEWSLETTERS

Baltimore Housing Roundtable Has A Bold Proposal

Baltimore Housing Roundtable Has A Bold Proposal
Above photo: March for the right to housing by HONBaltimore. By Adam Bednar of the Daily Record. The group, consisting of a coalition of various activist organizations, believes its report, “Community + Land + Trust: Tools for Development without Displacement,” shows a path toward a development ... Read more

Announcing the Bank Whistleblowers’ Group

Announcing the Bank Whistleblowers’ Group
I am writing to announce the formation of a new group and a policy initiative that we hope many of our readers will support and help publicize. By William K. Black in New Economic Perspectives Gary Aguirre, Bill Black, Richard Bowen, and Michael Winston are the founding members of the Bank ... Read more

NYC Set to Triple Number of Worker Cooperatives

NYC Set to Triple Number of Worker Cooperatives
Above photo: The Working World received the largest single grant from NYC’s $1.2 million Worker Cooperative Business Development Initiative. (Credit: The Working World) By Oscar Perry Abello in Next City New York City, NY – Worker cooperatives can sometimes sound too good to be true: a ... Read more

City Could Save Money with Public Bank, Study Finds

City Could Save Money with Public Bank, Study Finds
Above Photo: Mayor Javier Gonzales, accompanied by Katherine Updike of Building Solutions, lead consultant on the public banking feasibility study, speaks Wednesday at the Santa Fe Community Convention Center. ‘It’s a lost opportunity with every debt payment we make’ to not have a public bank, ... Read more

Davos and its Threat to Democracy

Davos and its Threat to Democracy
Note: The wealth divide is getting more extreme. The 62 wealthiest people in the world have wealth equal to the poorest 3.5 billion, half the world’s population. Five years ago it took 388 people to match half the population. Huffington Post reports that “The wealth of the richest 62 has increased an ... Read more

After the Crash – Planning our Demands

After the Crash – Planning our Demands
We seem to be at the beginning of the economic collapse predicted by many for 2016. By Kevin Zeese and Margaret Flowers for Popular Resistance. “We have never had a year start the way that 2016 has started.  In the U.S., the Dow Jones Industrial Average and the S&P 500 have both posted their worst ... Read more

2016 Crash Begins – This Time Isn’t Different

2016 Crash Begins – This Time Isn’t Different
Global stock markets from Japan to China to the European Union to the United States opened the new year this morning with declines. Economists have been predicting that 2016 will be the year when the charade ends. Stocks cannot continue to rise when there is nothing underneath them but hot air. Tyler ... Read more

The Brilliant Simplicity of a Guaranteed Minimum Income

The Brilliant Simplicity of a Guaranteed Minimum Income
The working poor need more money. “But retail stores can’t raise wages very much—their profit margins are too small,” say conservatives. Aha—but there is a solution! By Hamilton Nolan for The Gawker All types of people across the political spectrum agree that people who work hard should ... Read more

Central Banks Out of Control

Central Banks Out of Control
Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the announcement that the U.S. Federal Reserve had hiked interest rates for the first time in nearly a decade in New York, December 16, 2015. | Photo: Reuters By Jack Rasmus for TeleSur On Dec. 16, 2015, the U.S. central bank, the Federal ... Read more