In part two of the series, Bill picks up the story of the S&L fraud of the ’80s, when bankers were charged and went to jail – unlike what has happened since. Bill Black joins Paul Jay on theAnalysis.news
The Federal Reserve is directly buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets owned by the top 5%. This does not spur much new production or create jobs. Michael Hudson joins Paul Jay on theAnalysis.news podcast
The U.S. SEC has opened an investigation into Archegos Capital’s Bill Hwang and trades that led to $20 billion in losses for his firm and perhaps billions more for various banks. What kind of perverted system allows such chaos? Bill Black on theAnalysis.news with Paul Jay.
This interview was originally published on May 30, 2014. On Reality Asserts Itself, Mr. Lapavitsas says Greece will face the choice between socialism or fascism.
Texas’s electricity market “reforms” made the current crisis inevitable
A Detroit community demands a new Amazon warehouse meet job and environmental guarantees; Amazon workers in Alabama fighting to unionize. Community activists and union organizers Tonya Myers and Frank Hammer on theAnalysis.news
This is an episode of Reality Asserts Itself, produced on June 10, 2014. On Reality Asserts Itself, Mr. Johnson says the scale of the political investment of finance – six, seven hundred million dollars – is overwhelming. With the political power of finance, do we still have a democracy?
Allied with landlords and monopolists, the finance sector is extracting economic rents from the economy that’s impoverishing US government, industry and labor says Michael Hudson discussing the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Democrats are caught in structural hypocrisy as they juggle the interests of Wall. St, workers, the right-wing and the progressive wing of the party. Rana Foroohar and Mark Blyth join Paul Jay on theAnalysis.news podcast.
The governments of India and South-Africa backed by about 100 countries and counting are calling for a waiver on patents over COVID-19 related medicines and equipment. Headquarter countries of Big Pharma are opposing it. The debate is going on at the WTO and will be decided soon.
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