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Political Dark Money Just Got Darker

As untold millions of dollars pour into the shadowy campaign troughs of the presidential candidates, voters need to be reminded of the rosy assumptions of the Supreme Court’s Citizens United decision that legitimized the new spending frenzy. In allowing unlimited spending on candidates by corporations and unions, the court’s decision, in 2010, blithely pronounced, “A campaign finance system that pairs corporate independent …

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Dave Lindorff – Why Wall Street Reporting is a Joke

It’s entertaining to watch and to read reports in the corporate media about the current stock market decline, which over the course of the last six business days erased $2.1 trillion in the market value of stocks of publicly-traded US corporations (and in a lot of ordinary Americans’ retirement savings). CNN, in an article on Wednesday, had a piece on …

With Banks ‘Still Too Big to Fail,’ Another Financial Meltdown Looms – Deirdre Fulton

Seven years after the financial crisis began, many of the conditions that helped cause the near collapse of the U.S. banking system—and that were used to justify the multi-trillion-dollar U.S. government bailout of mammoth financial institutions—endure, warns a new report from the Corporate Reform Coalition (CRC). Titled Still Too Big to Fail (pdf), Thursday’s report charges that since the meltdown began in …