Note: McClatchy and several other large news sources are exceptions which have reported well on the Iraq and Afghanistan wars. There are five reasons that the mainstream media is worthless. 1. Self-Censorship by Journalists Initially, there is tremend...
As I have repeatedly written, the largest U.S. banks have repeatedly gone bankrupt due to wild speculation which was blessed by the Fed, and then the government covered up their bankruptcy.Indeed, the New York Times writes today about one of the too bi...
The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of ...
In a new interview with Bill Moyers, Simon Johnson confirmed what William K. Black has said about fraud by the financial sector, booms and busts.As I previously wrote:Black explained that fraud by a financial company usually involves the company:1) Gro...
In a new interview with Bill Moyers, Simon Johnson confirmed what William K. Black has said about fraud by the financial sector, booms and busts.As I previously wrote:Black explained that fraud by a financial company usually involves the company:1) Gro...
In Michael Moore's new film Capitalism: A Love Story, Congresswoman Kaptur says there has been a financial coup d'etat, and that Wall Street - rather than Congress - is in charge.In a must-watch interview with Bill Moyers broadcast Friday night, Kaptur...
Well, we may think we've lost our jobs, our health insurance, our retirement plans, or our houses. But we haven't really "lost" those, because they were never really ours
As President Obama ratchets up the pressure this week on Congress to vote on healthcare reform before the summer recess, it must be noted that...
Veteran journalist and former LBJ speechwriter Bill Moyers has the quote of the day, from an excellent article on government and media corruption:Nothing will change -- nothing -- until the money lenders are tossed out of the temple, the ATM's are wres...
On Friday's edition of "Bill Moyers Journal" the PBS host sat down Wendell Potter, a former Head of Corporate Communications at health insurance giant CIGNA, to talk about how the industry crafted its plan of attack for discrediting Michael Mo...