Economy
Defense officials have been required to submit a budgetary “wish list” every year since 2017.
The post Pentagon Leaders Admit Defense Funding “Wish Lists” Are a Bad Practice appeared first on scheerpost.com.
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.
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.