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For the last two months, Occupy UC Davis has been blockading a campus branch of U.S. Bank. Now, in a victory for Occupy that potentially gives birth to a new movement tactic, U.S. Bank has capitulated and permanently closed the branch. U.S. Bank has been a visible symbol on...
Two summers ago, at the U.S. Social Forum, I attended a panel discussion about ways to expand the use of credit unions as alternatives to the “too big to fail” banks whose risky investments had helped tank the economy. Each of the speakers—people involved in credit union...
Abby Martin goes over the case of Katie Barnett, an Ohio resident who had her home mistaken for one that was foreclosed. Bank thugs robbed and ransacked Barnett's home yet is refusing to pay for the damages. Sadly, her case is far from uncommon.
Bernie Madoff is at the hub of the biggest conspiracy the world has ever known, according to Mr. X. Dave Edmund, a small Independent film maker puts it all on the line to bring the world the truth.
What's the problem with the world economy? It's debt -- too much personal debt -- too much corporate debt -- and most importantly, too much government debt. "People have a natural tendency to want to spend now and pay later. They will usually take any type of loans offered...
Interest charges are a strongly regressive tax that the poor pay to the rich. A public banking system could realize savings up to 40 percent - allowing taxes to be cut, services increased and market stability created - with banks feeding the economy rather than feeding off...
Help limit the influence of big corporate banks and strike a blow for the working man by moving your funds to a credit union. 1. Fuck Convenience (And Your Money is Federally-Insured) The subversion used by the big banks is “convenience.”  How it makes cattle of us all...
There's been a very strange episode being written about the past couple of days involving numerous parties, including me, that I now want to comment on.  The story, first reported by The Tech Herald, has been been written about in numerous places (see Marcy Wheeler, Forbes,
At its annual meeting last week, the U.S. Conference of Mayors (USCM) adopted a pair of resolutions endorsing postal banking, co-signed by eight mayors from six states. Their goal is to bring $1 trillion of job-creating economic stimulus primarily to low-income neighborhoods...
We Are People Here! and The Public Bank Institute Present Banking on New Mexico, A Public Bank Symposium. Saturday, September 27, 2014 from 10:30am to 9:00pm at the Community Convention Center in Santa Fe, New Mexico. Richard Wolff, Professor of Econimics Emeritus, University...
Dan Mathews reveals common misconception in how we deal with banks. Watch and laugh as Dan catches our politicians off guard with some simple questions. These questions are simple, but you'd be surprised who actually has trouble answering. This 2009 entertaining documentary...
In Costa Rica, publicly-owned banks have been available for so long and work so well that people take for granted that any country that knows how to run an economy has a public banking option. Costa Ricans are amazed to hear there is only one public depository bank in the...
“We have to nationalize the banks. We have to get rid of the government. We need to have access to the internet seen as a human right. We need to have a new Constitution," said Birgitta Jonsdottir, founder of the Icelandic Pirate Party. Jonsdottir, a lifelong political...
A group of Internet activists calling themselves Operation Payback have taken credit for shutting down the website of a bank that earlier Monday froze funds belonging to WikiLeaks. Announcing its successful hack on a Twitter account, the group declared, "We will fire at...
NEWS RELEASE Contact Ethan Senack, U.S. PIRG APPLAUDS CFPB CALL FOR GREATER DISCLOSURE FOR IMMEDIATE RELEASE TUESDAY, DECEMBER 17, 2013 Washington, DC — Today, the Consumer Financial Protection Bureau (CFPB) called on financial institutions to publicly disclose all of...
Banksy is an anoynomous English street artist and activist who has become a cult hero for his anti-establishment and rebellious artwork.
Banks make so much money because they can create money, effectively out of nothing, by lending. Every single pound in your bank account was created by a bank, not by your government. Visit www.PositiveMoney.org.uk, find out more and SUPPORT THE CAMPAIGN. ...and spread the...
JUST BEFORE CHRISTMAS, a few friends were having dinner wondering what personal actions they could take to help limit the power of the big banks and create a more sane, stable financial system. How, they wondered, could they help end the era of Too Big To Fail? The financier...
As the credit crunch continues to leave Britain cash-strapped and high street banks report huge losses, Dispatches investigates who is responsible for the current crisis. Reckless lending and risky investments have been blamed for directly driving up mortgage rates and...
When banks are allowed to create a nation’s money supply, we all end up paying higher taxes. This is because the profits from creating new money go to the banks rather than the taxpayer, and because taxpayers end up paying the cost of financial crises, which are caused by the...
As the government prepares an emergency budget to help pay for the bank bailout, Will Hutton investigates the banks and what they've done with our money. He discovers that while ordinary taxpayers take the pain, for the banks it's largely business as usual. Hutton analyses...
More than a year has gone by since Congress passed the $700 billion bailout of Wall Street. The Federal Reserve has committed trillions of additional dollars in virtually zero-interest loans and other assistance to large financial institutions resulting in the largest...
“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”  —Prof. Caroll...
"Only power that is hidden, is power that endures." Central Banks are some of the most secretive and misunderstood institutions in the world.  What powers do they wield? Who’s interests do they serve? How do their actions affect our everyday lives? Set in 20th Century...
How would you like to increase your spending power by 10 times (or more), relieve student debt by more than 90 percent, increase Social Security benefits, lower taxes, increase pay for teachers, and lower loan amounts for homes and small business to 1-2 percent? I'll bet I...
Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be attributed to other banks without proof. But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior. You Won’t Believe What They’ve Done...
Ever seen an angry economics editor? Paul Mason explains why he's sick of standing outside RBS's headquarters talking about banks doing something wrong.
Some items are in high demand at the food bank and you may not realize it. Because they aren’t essentials, the staff doesn’t publicly ask for them. A survey on Reddit.com asked volunteers what items people would be most appreciative of and we’ve listed the top 10 below. If...
Abby Martin speaks with Andreas Antonopoulos, founder of Root Eleven and co-host of let's Talk Bitcoin, discussing how Bitcoin works, and why it's so important to have a decentralized system of money.
Filmed over 18 months between April 2013 and October 2014, made from both original and non original sequences, Save People Not Banks is a not for profit film made under the terms of the Fair Use Act for critical analysis, social commentary and educational purposes.  Following...
What's the problem with the world economy? It's debt -- too much personal debt -- too much corporate debt -- and most importantly, too much government debt. "People have a natural tendency to want to spend now and pay later. They will usually take any type of loans...
The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the...
1. The current money system distributes money from the bottom 90% to the top 10% Because 97% of the money in the UK is created by banks, someone must pay interest on nearly every pound in the circulation. This interest redistributes money from the bottom 90% of the...
October 15, 2011 customers at the Citibank branch at 555 La Guardia Place in New York were locked inside the bank and then 23 of them were subsequently arrested for trespassing after trying to close down their bank accounts. At least one of the people was not an Occupy...
Outraged that their local bank is fueling climate change through the support of coal burning power plants, a group of polar bears take matters into their own hands by organizing a protest and withdrawing all of their money from the bank.
I'll have more coming out about this in a few days, but there have been two disgusting developments in the realm of plutocratic intervention on behalf of Wall Street that everyone protesting should take note of. The fact that both of the following things took place in the...
It was more sophisticated than we had imagined: new documents show that the violent crackdown on Occupy last fall – so mystifying at the time – was not just coordinated at the level of the FBI, the Department of Homeland Security, and local police. The crackdown, which...
How important is this issue worldwide? Having private banks create money is the root cause of all world poverty, hunger, disease and misery. And until we fix it, we will never be able to make a dent in these other issues. We can fix this. We can fix it in a matter of months...
CONFIDENCE GAME examines the demise of the investment bank known as Bear Stearns; the first Wall Street domino to fall in America's, and the world's most dire economic crisis since the Great Depression. Though the firm collapsed in the space of five short days, CONFIDENCE...
The Onion River Exchange is a 700-member time bank where members exchange goods and services instead of money. Exchanges are not reciprocal, meaning that one hour spent baking, cleaning, doing plumbing work or driving someone to the airport, can be exchanged for an hour of...
Over the first half of 2012, the African Development Bank (AfDB) has been demonstrating its commitment to support the scaling up of renewable energy in Africa with the approval of US $800 million in loans to spur private investment in Morocco’s growing wind and solar...
The Daily Show - I Give Up - Pay Anything...Tags: Daily Show Full Episodes,Political Humor & Satire Blog,
A new initiative is re-energising the Occupy movement. Called the Rolling Jubilee, it is a plan to use money from donations to buy distressed consumer debt from lenders at a marked down price, just as debt collection agencies normally would. But instead of hounding debtors...
Mortgages doled out to people on the breadline, loans to refugees with no English and no jobs, reams of maxed out credit cards; welcome to Debtland. But this is not America’s sub-prime meltdown. We are in Australia, investigating the country's own subprime crisis, every bit...
The UK has two welfare states.  There is one that is reported and endlessly discussed, and another, which is rarely mentioned.  Whilst the first is suffering enormous cuts under the Tory/Liberal Democrat coalition, the other just keeps expanding. Comedian, author and...
A bold new threat to the economic status quo brings on a press blackout. Social pain, anger at ecological degradation and the inability of traditional politics to address deep economic failings has fueled an extraordinary amount of practical on-the-ground institutional...
"My feeling, when I went by the Convention Center after all the leaders had gone home, was that this was the real crime scene, not those shattered storefronts, but what actually happened at the summit on Sunday night, when the world leaders issued their final communiqué. And...
John Pilger travels to many third world countries to investigate the devastating results of loans from the World Bank and International Monetary Fund (IMF). This film shows how many wars today are not carried out at the barrel of a gun, but by the monetary policies of...
Thomas Jefferson and Andrew Jackson understood "The Monster". But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and...
Right now, millions of people are being thrown off their land because large corporations are being given special rights.The World Bank is driving this destructive trend with its Doing Business rankings, which force countries to compete with each other to do away with...