Jamie Dimon Says Banks Are Under Assault As He Announces $4.9 Billion Profit

We should all do so well while under assault. JPMorgan Chase earned $4.9 billion in the fourth quarter of 2014, Continue reading →

Man’s greed will destroy world, Pope warns

Pope Francis has warned that planet Earth will not forgive the abuse of its resources for profit, urging the world’s Continue reading →

The coming stock market collapse

by David Cay Johnston Tech stocks have returned to bubble levels, thanks to PR, weak financial journalism and cheap credit Continue reading →

An update on Japan’s Keynesian experiment: overall trend is good, but wild market fluctuations

There was another gargantuan sell-off in the Japanese stock market overnight. This drop–the Nikkei index fell 6.35 percent–follows an even Continue reading →

Time for a Sales Tax on Wall Street Financial Transactions

Here are some questions to consider: What do the Wall Street firms do that is so vital for the national Continue reading →

A Robin Hood Response to the Austerity Lie: Tax Wall Street

America is not broke, despite what advocates for austerity would have us believe. This is a very wealthy country. Unfortunately, Continue reading →

Dodd-Frank status update: a conversation with economist Simon Johnson

Almost three years after President Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act into law, few of Continue reading →

Why are Natural Gas prices rising?

Even though production is booming, and there is a glut of supply, the price of natural gas is rising.  The Continue reading →