Tags: crony capitalism

The Republican Candidates Agree that the System is Rigged for the Rich

August 9th, 2015
in Op Ed

The Republican debate last night revealed one area of broad agreement among Americans - we now live in a system of crony capitalism that is systematically rigged to favor the ultra-wealthy. That is all the more remarkable as an admission because the Republican candidates are more »

The Great Recession and Its Looming Aftermath

February 12th, 2015
in Op Ed

"In retail, wholesale, leisure, and hospitality," Derek Thompson explain in the December 3, 2014, issue of The Atlantic:"Real wages have fallen more than 10 percent since 2007. To be clear, this doesn't mean that most of millennials [young people born between the early 1980s more »

US 2nd District Court of Appeals Issues the Economic Equivalent of the Dred Scott Decision

December 18th, 2014
in Op Ed

In their zeal to exonerate some Wall Street wiseguys associated with the infamous insider trading ring involving SAC Capital, the sophists on the 2nd US Court of Appeals, located in lower Manhattan near Wall Street, just issued the equivalent of the Dred Scott decision for US markets. more »

The Quiet Plot to Excuse Mortgage Fraud

January 3rd, 2012
in Op Ed

by William K. Black, New Economic PerspectivesPresident Obama Negotiates our Formal Surrender to Crony Capitalism – and the Nation Yawns On December 13, 2011, the Wall Street Journal published an article entitled “Banks in Push for Pact.” It was an… more »

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