By Ralph Nader Once again, government socialism – ultimately backed by taxpayers – is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New York greedily mismanaged their risk levels and had to be closed down. The Federal Deposit Insurance Corporation (FDIC), in return, to avoid a bank panic […]
The post Ralph Nader: Reckless Capitalist Banks Rescued by Government Socialism—Again! appeared first on scheerpost.com.
By Anthony DiMaggio / CounterPunch Marking the twentieth anniversary of the U.S. invasion of Iraq, The New York Times ran a feature-length article titled, “20 Years On, a Question Lingers About Iraq: Why Did the U.S. Invade?” The piece acknowledges some harsh realities about the war, while dodging questions about its legality and the imperial motivations that […]
The post 20 Years of Iraq Denialism: The New York Times Continues to Get it Wrong on US Empire appeared first on scheerpost.com.
"The damage that private equity has wrought on Americans' healthcare from cradle to grave, simply for profit, has become a life-or-death situation."
The post ‘Shocking and Immoral’: Report Details Private Equity’s Stranglehold on US Healthcare appeared first on scheerpost.com.
President Joe Biden ordered airstrikes on groups affiliated with Iran's Islamic Revolutionary Guards Corps. Three US outposts in eastern Syria were attacked the day after.
The post More US Airstrikes in Syria Kill at Least 19, Multiple American Bases Attacked appeared first on scheerpost.com.
By Adam Schwartz and David Greene / Electronic Frontier Foundation (EFF) Freedom of speech and association include the right to choose one’s communication technologies. Politicians shouldn’t be able to tell you what to say, where to say it, or who to say it to. So we are troubled by growing demands in the United States […]
The post Government Hasn’t Justified a TikTok Ban appeared first on scheerpost.com.
By Patrick Lawrence / Original to ScheerPost Now that Vladimir Putin and Xi Jinping have concluded their summit in Moscow– an unusually long series of meetings over three days–are those purporting to lead the United States prepared to drop their wishful thinking, their miscalculations, and their illusions as to the significance and durability of the […]
The post Patrick Lawrence: What Just Happened in Moscow Is Big appeared first on scheerpost.com.
We've been trained to think that endless rule by tiny minorities of really horrible people is the natural order of things, but that turns out to be just another lie.
The post Matt Taibbi: People Can Win appeared first on scheerpost.com.
To react to Beijing’s growing economic power by increasing Western military power is hopeless. It is harder to think of a more stupid example of lashing out in blind anger.
The post Craig Murray: Why Would China Be an Enemy? appeared first on scheerpost.com.
The Federal Reserve is not working for the people but for wealthy individuals and corporations that can afford to have a say in the rules.
The post Private Opulence and Public Squalor in the US appeared first on scheerpost.com.
By Ellen Brown / Original to ScheerPost On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized: What the authorities did over the weekend was absolutely profound. They guaranteed the deposits, all of them, at Silicon Valley Bank. What […]
The post Ellen Brown: Banking Crisis 3.0: Time to Change the Rules of the Game appeared first on scheerpost.com.