Corruption in Lebanon Propped up by the Transnational Capitalist Elite – Nadim Houry
Widespread corruption in Lebanon is fostered by the country's ruling class, whose business interests are enmeshed with those of international finance. Nadim Houry, executive director of the Arab Reform Initiative, explains how Lebanon's culture of political impunity is tied to the reconstruction agreements put in place in 1990, at the end of the 15-year civil war. The ongoing political deadlock shields the authorities from scrutiny and allows for vulture capitalists such as the former governor of Lebanon's Central Bank, Riad Salameh, to embezzle the country's resources. At the same time, ordinary people are faced with crushing inflation.
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Paul Jay and Freddie deBoer Discuss Independent Media, Censorship, and Hate Speech Laws
A discussion about independent media and ownership, censorship, self-censorship in media and a discussion about hate speech laws.
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Bill Black on SVB: A Bipartisan Clown Car Crash
The legendary regulator and white-collar criminologist William K. Black explains why, contrary to corporate media coverage, the bank failures set off by the Silicon Valley Bank crash were absolutely not sudden, unexpected, or unforeseeable, and why none of the regulations Democrats or Republicans are talking about would have stopped them.
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No Evidence to Support FED 2% Inflation Target – Robert Pollin
The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
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50 Years After Allende at the UN: A Corporate Triumph Named Multistakeholderism
Remembering Salvador Allende’s speech at the UN in 1972 and the call of world nations for a New International Economic Order, Harris Gleckman explains how global corporations were more effective at setting the rules. Lynn Fries interviews Gleckman on GPEnewsdocs.
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Time Bomb in Global Finance – Rob Johnson
A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Robert Johnson joins Paul Jay on theAnalysis.news.
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Big Tech, Economy & Work, Finance
Monopoly Power vs Democracy – Matt Stoller
Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project.
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How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity
Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.
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The World’s Billionaire Population – 2021
The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth.
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Big Tech, Finance, Workers & Unions
Capitalism’s Structural Crisis and the Global Revolt
According to William I. Robinson, the COVID pandemic has further intensified the structural crisis of global capitalism and has caused numerous uprisings and revolts around the world, which global elites are trying to suppress via militarization, police repression, and surveillance. Robinson joins Greg Wilpert on theAnalysis.news.
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The Story Behind “The Con”
Crushed by the 2008 financial crisis, Patrick Lovell joined Eric Vaughan and white-collar crime expert Bill Black to expose “control fraud” and the real story behind the 2007/08 crash. Lovell and Vaughan join Paul Jay on theAnalysis.news.
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Why the Media Doesn’t Understand Control Fraud
Financialization of the economy and pervasive corruption go hand-in-hand. The stronger the financial sector and more parasitical it becomes, the more profound and systemic the corruption. Paul Jay joins “The New Untouchables” for a discussion about Bill Black’s conception of “control fraud.”
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Michael Hudson: Biden Between BlackRock and a Hard Place
The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news.
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Economy & Work, Finance, History, U.S. Politics, USA
Bill Black pt 9/9 — The Best Way to Rob a Bank is to Own One
The final segment of our series with Bill Black on modern American financial fraud.
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Bill Black pt 8/9 — The Best Way to Rob a Bank is to Own One
The Dodd-Frank legislation and stress test, do nothing to stop systemic-risky financial institutions from blowing up the economy again. Bill Black joins theAnalysis.news with Paul Jay.
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Bill Black pt 7/9 -The Best Way to Rob a Bank is to Own One
Bill picks up the history of financial fraud with the Obama administration. Finance has targeted Black and Latinx families with sub-prime and liars loans and the crash wipes out 60-70% of their accumulated household wealth. What does Obama do? Bill joins Paul Jay on theAnalysis.news
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Bill Black pt 6/9 – The Best Way to Rob a Bank is to Own One
Bill continues his history of modern financial fraud in America. He says the dark side of "financial discipline", is the Merrill Lynch's and Goldman Sachs of the world don't provide discipline. They provide cash. They fund the expansion knowing it's crap because they know as long as it's going up, they personally, not Goldman, they personally will make a ton of money. Bill Black on theAnalysis.news with Paul Jay.
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Bill Black pt 5/9 – The Best Way to Rob a Bank is to Own One
Why did the Fed allow the collapse of Lehman Brothers? How did liars loans and fraud become so pervasive throughout the financial sector? Bill Black continues his history of financial fraud on theAnalysis.news with Paul Jay.
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Bill Black pt 4/9 – The Best Way to Rob a Bank is To Own One
The weakness of regulations and resources to enforce accountability on the finance sector is by design. Regulators’ budgets have been gutted, and even weak laws made unenforceable. Unless individual bankers go to jail when they commit fraud, nothing will change. Bill Black on theAnalysis.news with Paul Jay.
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Bill Black pt 2/9 – Best Way to Rob a Bank is to Own One
In part two of the series, Bill picks up the story of the S&L fraud of the '80s, when bankers were charged and went to jail - unlike what has happened since. Bill Black joins Paul Jay on theAnalysis.news
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Bill Black pt 1/9 – The Best Way to Rob a Bank Is to Own One
Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal. Bankers continue to loot their banks, customers, and society to this day. Part 1/9, on theAnalysis.news with Paul Jay.
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Can You Destroy $20 Billion in Wealth Without Committing a Crime? – Bill Black
The U.S. SEC has opened an investigation into Archegos Capital's Bill Hwang and trades that led to $20 billion in losses for his firm and perhaps billions more for various banks. What kind of perverted system allows such chaos? Bill Black on theAnalysis.news with Paul Jay.
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Polarization, Then a Crash: Michael Hudson on the Rentier Economy
Allied with landlords and monopolists, the finance sector is extracting economic rents from the economy that’s impoverishing US government, industry and labor says Michael Hudson discussing the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
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Peoples’ Lives vs. Profits of Pharmaceutical Monopolies – GPE Newsdocs
The governments of India and South-Africa backed by about 100 countries and counting are calling for a waiver on patents over COVID-19 related medicines and equipment. Headquarter countries of Big Pharma are opposing it. The debate is going on at the WTO and will be decided soon.
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FED’s $10 Trillion Defends Assets of the Rich – Michael Hudson
The Federal Reserve is directly buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets owned by the top 5%. This does not spur much new production or create jobs. Michael Hudson joins Paul Jay on theAnalysis.news podcast
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Covid-19, Finance, Uncategorized
Healthy people, a healthy planet and a healthy economy
Richard Kozul-Wright explains why these challenges need to be addressed at once in a transformative agenda. The COVID-19 crisis shows that funding can be made available; the problem is the lack of political will to confront the Wall Street consensus.
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Finance, Reality Asserts Itself
Ugly Money Politics – Robert Johnson on Reality Asserts Itself (pt 8/8)
This is an episode of Reality Asserts Itself, produced on June 17, 2014. Mr. Johnson says politicians dependent on campaign contributions from the wealthy are allowing finance to bankrupt Detroit and cities across the country.
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Finance, Reality Asserts Itself
Has Capitalism Lost the Ability to Reform Itself – Robert Johnson on RAI (pt 7/8)
This is an episode of Reality Asserts Itself, produced on June 16, 2014. Capitalism is not rebalancing; the yearnings and desires of large portions of society are not being responded to.
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Finance, Reality Asserts Itself
A Civilized Critic of Savage Behavior – Robert Johnson on Reality Asserts Itself (pt 6/8)
This is an episode of Reality Asserts Itself, produced on June 15, 2014. Mr. Johnson says the compulsive pressure of money in politics has led to an abandonment of rules other than rules which transfer risk onto the back of the public.
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Finance, Reality Asserts Itself
Heads, Finance Wins, Tails, Society Loses – Robert Johnson on Reality Asserts Itself (pt 5/8)
This is an episode of Reality Asserts Itself, produced on June 13, 2014. Mr. Johnson says TARP was an abomination; finance controls the government and uses it to cover its losses.
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Finance, Reality Asserts Itself
How We Broke the Bank of England – Robert Johnson on Reality Asserts Itself (pt 4/8)
This is an episode of Reality Asserts Itself, produced on June 12, 2014. Mr. Johnson says, “I used to tell my dad, if I’m fortunate enough to see St. Peter and get through the gate, I’m not going to get in because I helped knock off the British pound”.
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Finance, Reality Asserts Itself
Finance is Building the Architecture of their Own Rules – Robert Johnson on RAI (pt 3/8)
This is an episode of Reality Asserts Itself, produced on June 10, 2014. On Reality Asserts Itself, Mr. Johnson says the scale of the political investment of finance – six, seven hundred million dollars – is overwhelming. With the political power of finance, do we still have a democracy?
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Finance, Reality Asserts Itself
Reaganomics Was Crazy – Robert Johnson on Reality Asserts Itself (pt 2/8)
This is an episode of Reality Asserts Itself, produced on June 9, 2014. Mr. Johnson says the idea that you were going to cut taxes massively and this was going to lead to a growth in revenue and close the deficit was silly.
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Finance, Reality Asserts Itself
Growing Up in the Cauldron of 1960’s Detroit – Robert Johnson on Reality Asserts Itself (pt 1/8)
This is an episode of Reality Asserts Itself, produced on June 8, 2014. Mr. Johnson, who, while working with George Soros, “broke the Bank of England,” talks about growing up in the turmoil of racial tension and the mass movement against the Vietnam War.
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Finance, Reality Asserts Itself
Confronting Financialization on Steroids – Costas Lapavitsas on Reality Asserts Itself (pt 8/8)
This interview was originally published on June 1, 2014. Mr. Lapavitsas says we must deeply reverse financialization and take on private ownership of banking and other critical sectors.
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Finance, Reality Asserts Itself
Financialization and the Collapse of European Social Democracy – Costas Lapavitsas on RAI (pt 7/8)
This interview was originally published on May 30, 2014. On Reality Asserts Itself, Mr. Lapavitsas says Greece will face the choice between socialism or fascism.
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Finance, Reality Asserts Itself
40% of Profits Buys A Lot of Politicians – Costas Lapavitsas on Reality Asserts Itself (pt 6/8)
This interview was originally published on May 28, 2014. Mr. Lapavitsas says that during the financial crisis the power of the state was mobilized to save finance.
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Finance, Reality Asserts Itself
Is Financialization Necessary for a Modern Economy – Costas Lapavitsas on RAI (pt 5/8)
This interview was originally published on May 27, 2014. On Reality Asserts Itself, Mr. Lapavitsas says modern capitalism requires financialization, but productive growth in the interests of the majority of people does not.
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Finance, Reality Asserts Itself
The Financialization of Big Business – Costas Lapavitsas on Reality Asserts Itself (pt 4/8)
This interview was originally published on May 25, 2014. Mr. Lapavitsas says that capitalists have learned how to make huge profits without producing anything useful.
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Finance, Reality Asserts Itself
Growing Up in the Greek Police State – Costas Lapavitsas on Reality Asserts Itself (pt 1/8)
This interview was originally published on May 22, 2014. Mr. Lapavitsas, author of ‘How Finance Exploits Us All’, traces his own political development, coming of age during the Greek dictatorship.
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