Stockton and the Politics of Austerity

Stockton and the Politics of Austerity We are marking the 10th anniversary of the invasion of Iraq. This is equally the anniversary of the media treachery that justified this crime against humanity. In this light, the votes are in for the Donald Rumsfeld Award for Deception in Media for the first week of April. The […]

The financialization of education: the next economic crisis

Sometimes one cannot believe the news, not for fear of it being misinformation or disinformation, but for the startling and unsettling horror stories that appear more than occasionally these days.  This one is especially morbid. Marian Wang, a reporter for Nation for Change, wrote an excellent article about a grieving father and his struggles to […]

Film Alleges Fed 'Fraud' Against Victims of $3.65 Billion Ponzi Scam

Victims of a massive financial fraud will unveil a documentary Aug. 25 in Minneapolis that portrays federal authorities as helping bankruptcy lawyers and the government feast on dwindling victim assets without adequate protections for fairness. The Second Fraud, spiked last December from planned showings on four Minnesota TV stations, tackles an especially sensitive story in that state: What happened after local financier Thomas Petters caused the estimated $3.65 billion in losses that authorities revealed in September 2008?

CIT is Only a Symptom, the Diease is Much Deeper

The news about CIT’s filing for bankruptcy protection should be another nail in the coffin of the global economy, but no one seems to be lining up at the funeral parlor. In fact, the news isn’t really all that bad, unless you take the time to read between the lines. The main point of the […]