Rex Tillerson, of all people, just did the climate movement a big favor. He didn’t hand the Sierra Club tens of millions of dollars to fight the coal industry like former New York City mayor Mike Bloomberg. Nor did the chairman and CEO of Exxon Mobil follow former hedge fund investor Tom Steyer‘s lead by giving political candidates with climate cred campaign …
US government was more forgiving of the Nazis than its own citizens – Simon Black
70 years ago, the United States of America had just emerged from World War II as the most dominant superpower in the world. At that point America’s economy was the only one left standing. And the US government had essentially dictated terms in establishing a new global financial system (known as the Bretton Woods agreement). Doing so thrust the dollar …
Adam LeBor – Bank of International Settlements, The Secretive Group That Runs The World
The following is an excerpt from TOWER OF BASEL: The Shadowy History of the Secret Bank that Runs the World by Adam LeBor. Reprinted with permission from PublicAffairs. The world’s most exclusive club has eighteen members. They gather every other month on a Sunday evening at 7 p.m. in conference room E in a circular tower block whose tinted windows overlook the …
Fighting Dark Money to Restore Our Democracy
It’s no secret that since the U.S. Supreme Court’s 2010 Citizens United decision approved unrestricted campaign spending by corporations, elections have been drowning in a flood of what’s referred as “dark money.” Much of it has been passed through so-called social advocacy groups, such as the Koch Brothers-founded Americans for Prosperity, which don’t have to reveal the source of the money …
The Student Debt Time Bomb
There’s a generational time-bomb ticking — and the student debt crisis is the trip wire. Adults under 35 disproportionately bear the brunt of escalating inequality. America’s educated youth are graduating into an economy with stagnant wages and a torn safety net. Federal and state budget cuts, meanwhile, have spiked tuition costs and cut public services that aid young workers, such …