Tag Archives : banks


Paul Volcker, the best Fed Chairman since William Martin weighs in on the difficulty of bank reform

By Against Crony Capitalism April 19, 2015   Paul Volcker, the best Fed Chairman since William Martin weighs in on the difficulty of bank reform     My colleague Hunter Lewis has this to say about Paul Volcker – “Volcker really cares about the poor and the middle class. He is also scrupulously honest, not […]

PaulVolcker-Time-cc

Wall Street

Wall Street’s War On Americans: First Scapegoat, Then Rob

By Dr. Paul Craig Roberts Paul Craig Roberts.org April 12, 2015   Wall Street’s War On Americans: First Scapegoat, Then Rob   Richard Wolff explains how scapegoat economics works: http://www.truth-out.org/news/item/30032-scapegoat-economics-2015 The economic dissolution of the West is the story I document in The Failure of Laissez Faire Capitalism. Michael Hudson explains that having looted everything […]


While fewer than 8% of all banks put arbitration clauses on deposit accounts, those few banks account for nearly half of all insured deposits in the U.S. (source: CFPB)

In Wake Of Arbitration Report, Consumer Advocates Ask CFPB To Revoke Banks’ “License To Steal” 1

By Chris Morran Consumerist March 11, 2015   In Wake Of Arbitration Report, Consumer Advocates Ask CFPB To Revoke Banks’ “License To Steal”   This morning (3/10/2015), the Consumer Financial Protection Bureau released its final report on forced arbitration, showing how banks and credit card companies use contractual clauses to short-circuit class-action lawsuits from their […]


Trumka getting a back massage from Obama.

The Paratroopers of Crony Capitalism (Good piece from the AFL-CIO president, seriously)

By Nick Sorrentino Against Crony Capitalism February 12, 2015   The Paratroopers of Crony Capitalism (Good piece from the AFL-CIO president, seriously)     Strange things happen occasionally. Frogs rain from the sky, ships disappear without a trace in the Bermuda Triangle, rivers flow backward, a union president pens a good article protesting a crony […]