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The Best in Alternative News

What’s Neoliberalism? And How It’s Killing You!…

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Dore explains ‘Neoliberalism’ what the Democratic Party is really all about these days. He states Neoliberalism ‘include[s] extensive economic liberalization policies such as privatization, fiscal austerity, deregulation, free trade, and reductions in government spending in order to increase the role of the private sector in the economy and society’…

Bit Rich? Barack Obama Pocketed £2.5M for Speech in Milan…

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Barack Obama will reportedly pocket a staggering £2.5million (€3million) today for delivering a speech to a sold-out audience in Milan as part of his lucrative post-presidential speaking tour. The former President, who has already earned hundreds of thousands of dollars for private speeches since leaving the White House, will make his highest-paying appearance yet at […]

Pro-Clinton Probe of 2016 Reveals That, Yes, Democrats Have a ‘Wall Street Problem’…

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Underscoring previous assessments that the Democratic establishment, including the party’s 2016 presidential candidate Hillary Clinton, has “a Wall Street problem,” new polling and focus group data shows that Democrats are perceived as woefully out of touch when it comes to the economy. The pro-Clinton super PAC Priorities USA surveyed 801 voters who backed former President…

Man Trump Named to Fix Mortgage Markets Figured in Infamous Financial Crisis Episode…

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In early 2007, a group of Morgan Stanley bankers bundled a group of subprime mortgage instruments into a package they hoped to sell to investors. The only problem was, they couldn’t come up with a name for the package of mortgage-backed derivatives, which they all knew were doomed. The bankers decided to play around with […]

Breaking Up the Big Wall Street Banks Is Back in the Headlines…

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In the past two weeks, newspaper headlines have revived the debate on whether the mega Wall Street banks continue to pose a systemic threat to the U.S. banking system and the economy. This is a desperately needed public debate that demands facts – not a revisionist history of what actually caused the 2008-2010 Wall Street […]

Stock Markets Sit Blithely on a Powerful Time Bomb…

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No one knows the full magnitude, but it’s huge. How big is margin debt really, and how much of a threat is it to the stock market and to “financial stability,” as central banks like to call their concerns about crashes? Turns out, no one really knows. What we do know: Margin debt, as reported […]

Wall Street Is Pouring Money Back Into Shale…

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With oil prices seemingly on firm footing, Wall Street is pouring money back into the shale sector, expecting profits even at $50 per barrel. The private equity industry raised an estimated $19.8 billion in funds for energy investment in the first quarter of this year, or about three times as much as the same period […]

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