Think your bank deposits will always be 100% guaranteed by the FDIC? Think again.
The US, UK and NZ have contingency plans to possibly institute Cyprus-style bank deposit confiscation.
“Capitalism never solves its crisis problems; it moves them around geographically”
A great animated explanation of why modern capitalism is a world of constant crisis.
Free trade and unrestricted capital flow: How billionaires get rich and destroy the rest of us
“Free trade” is why they’re obscenely rich, we’re poorer by the day, and world economies regularly crash.
Austerity’s next victim: Portugal
The Portuguese economy has retracted worse than expected due to GOP-style austerity measures. Surprise!
Ed Asner narrates “Tax the Rich: An animated fairy tale”
The solution to our problems is simple: We must tax the rich. When will we accept that simple fact?
No austerity anywhere in the world has restored a national economy
The song of the predator class — “All your money are belong to us.”
Jobs report “steady but uninspiring”
The jobs numbers continue to be decent but not exciting, though it’s more growth than during the Bush years.
The Clinton economic era was not a Democratic golden age
If you think the Dems bring economic gold, read this.
Wall Street banks fleecing unemployed Americans
Once again Wall Street is making a huge profit on the problem that they caused in the first place.
Depression, suicide linked to debt
“Irresponsible lending and intimidating debt collectors are pushing thousands of people… into depression.”



