World-News

By Katrina vanden Heuvel

In just the first quarter of 2010, the finance, insurance and real estate sectors spent more than $123 million on 2,057 lobbyists. Any bets on whether the final financial reform bill will create the kind of robust, independent Consumer Financial Protection Agency that would serve as a watchdog with teeth?

http://www.informationclearinghouse.info/article25426.htm



Capitalism Without Capital

By Mike Whitney

This is a point that bears repeating: "...nearly $14 trillion worth of complex-securitized products were created" on top of just "$1.4 trillion" of subprime loans." No doubt, the investment bankers and hedge fund managers who inflated these monster balloons, knew that they were doomed from the get-go, but then, they must have also known that "I.B.G.-Y.B.G.", which in Wall Street parlance means, "I'll Be Gone and You'll Be Gone."

http://www.informationclearinghouse.info/article25431.htm



Taking Back Homes from the Banks

By Bill Quigley

Organizations across the US are engaging in "housing liberation" and "housing defense" to exercise their human rights to housing. Here are a few examples.

http://www.informationclearinghouse.info/article25428.htm



Finance 101: Blame the Poor
(While Taking Their Money)

By Gordon Arnaut

Did you know that the poor (and mostly black) people in the US caused the global financial crisis that threw the world economy into its worst slump since the Great Depression of the 1930's.

http://www.informationclearinghouse.info/article25430.htm

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How Too-Big-to-Fail's Army of Lobbyists Has Captured Washington

Kevin Conner, Institute for America's Future: "Throughout the financial reform debate, the finance industry has waged an unprecedented assault on the democratic process, spending an estimated $1.4 million per day to influence Congress and hiring 70 members of Congress and 940 former federal employees to lobby on their behalf."

http://www.truthout.org/big-bank-takeover-how-too-big-to-fails-army-lobbyists-has-captured-washington59479



America's Ten Most Corrupt Capitalists

Zach Carter, AlterNet: "The financial crisis has unveiled a new set of public villains - corrupt corporate capitalists who leveraged their connections in government for their own personal profit. During the Clinton and Bush administrations, many of these schemers were worshiped as geniuses, heroes or icons of American progress. But today we know these opportunists for what they are: Deregulatory hacks hellbent on making a profit at any cost. Without further ado, here are the 10 most corrupt capitalists in the U.S. economy."

http://www.truthout.org/americas-ten-most-corrupt-capitalists59473

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Is the Consumer Protection Bill Just One Huge Governmental Subversion of Privacy Ploy?

http://www.lewrockwell.com/spl2/fed-audits-you.html



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