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September 2022

Scarlett Alexis
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Money For Main Street!

When Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, runs an article recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet. The publication’s September/October 2014 issue featured a startling proposal by Mark Blyth and Eric Lonergan...

Buying Up the Planet

When the U.S. Federal Reserve bought an 80% stake in American International Group (AIG) in September 2008, the unprecedented $85-billion outlay was justified as necessary to bail out the world’s largest insurance company. Today, however, central banks are on a global buying spree not to bail out bankrupt corporations but simply as an investment. Central...

Banksters Are Not Our Only Option

“Epic in scale, unprecedented in world history.” That is how William K. Black—professor of law and economics and former banking regulator—describes the scams in which JPMorgan Chase (JPM) has now been implicated. They involve more than a dozen felonies, including bid-rigging on municipal bond debt; colluding to rig interest rates on hundreds of trillions of...