fix articles 1322, banks Los Angeles Indymedia : tag : banks


Causes of Great Problems Faded Out in Elections (tags)

Elections today have one thing in common: they don't change anything. Pseudo-battles dominate in which the actors are intensely focused on evading the burning questions and diverting the electorate from the real causes of problems..

Bernie Sanders' Socialist America (tags)

Bernie believes there has been a corporate takeover of American democracy, and this is where he returns to the idea of political revolution. In nearly every speech he makes this clarion call, ...neither he nor any other politician can make the necessary changes alone.

Janet Yellen's Storytime (tags)

The US economy is not picking up speed, wages are not rising and the situation on the labor market has not improved... The world economy did not get going again after the greatest wealth redistribution in the history of humanity.

"Who is saving Whom?" (tags)

"Who is saving Whom?" shows what remains hidden. A tremendous redistribution from the bottom to the top.. Rescuing is taking place, for the 99% however there is no sign of a rescue.

Wall Street Rally: Hold the Cheers (tags)

Wall Street

Misguided Calls for More QE (tags)


Deepening Greek Depression (tags)


ECB May Deny Greek Banks More Emergency Funding (tags)


Scare-mongering Greeks to Vote "Yes" on Sunday (tags)


Greece Declares Bank Holiday, Capital Controls Imposed (tags)


Troika Intends Starving Greece Into Submission (tags)


FIFA Scandal Highlights Corruption in Global Financial System ;US Banks Named Too (tags)

FIFA, Money Laundering,World Cup, Jubilee USA Network

Russia Blamed, US Taxpayers on the Hook, as Fracking Boom Collapses (tags)

Ben Ptashnik is a former state senator from Vermont.

Economics is Onesided and Reactionary (tags)

The homo oeconomicus cannot be our hope and is not desirable or future-friendly. The economic benefits to the capitalist entrepreneur are in contradiction to nature and to the person..We face completely oversized financial markets that have uncoupled from the real economy creating value.

US Spending Bill Bonanza for Wall Street (tags)

Wall Street

Fed Ends QE (tags)


2008 Redux? (tags)


Banks and Investors Challenge Predatory Funds Solutions Fall Short of Comprehensive Prot (tags)

The International Capital Market Association (ICMA), a group of banks and investors, released a new debt framework this morning aimed at reducing the ability of predatory funds and holdout investors to undermine debt restructuring. The plan was created after meetings convened by the US Treasury Department in the wake of Greece's debt restructuring and comes in the aftermath of the landmark debt case between Argentina and NML Capital.

Southern California Mothers Fight Back Against Foreclosures for Mothers’ Day 2014 (tags)

On Mothers’ Day weekend, Los Angeles families rallied outside Wells Fargo bank to bring attention to the greed and corruption of the banks that continue to fraudulently foreclose on families across the nation.

Occupy Fights Foreclosures and Dance Against Banks protest Wells Fargo and Bank of America (tags)

Citizens outraged over bank crimes, fraud-closures, and on-going corruption rallied outside Wells Fargo and Bank of America in Los Anbgeles on May 1, 2014 for #MayDay2014 #StopWellsFargo #DanceAgainstBanks #opDAB.

Banks and the New "Too Big to Jail" Doctrine (tags)

Eric Toussaint,is a historian and political scientist. He is the President of CADTM Belgium, and sits on the Scientific Council of ATTAC France. He is the co-author, with Damien Millet of Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers, and the author of many essays including entitled "The Trial ofanExemplary Man"

Addicted to Liquidity Injections (tags)

Bernanke's announcing of lower monthly printing of money was enough to make stock exchanges collapse in many threshold countries. The monetary policy of printing money and zero interest is caught in a vicious circle. Liquidity glut generates credit growth.

VIDEO: Bill Moyers' "Going to Jail for Protesting" (tags)

“Lobbyists have spent years making sure these loopholes are put into the tax code.” -@NYTimes' Gretchen Morgenson “Corporations have a role to play in our economy, but don't have a role to play in our government.” -@dechristopher

Creative Destruction (tags)

The exodus from the casino capitalism producing ever faster and ever deeper crises cannot succeed without a broad and powerful democratic base. Parliamentary democracy is urged to finally take up the struggle around the primacy of politics

Are Reforms of the Financial Sector Enough? (tags)

This article focuses on seven errors and seven remedies of the financial crisis. The financial crisis was also a crisis of easy money. For years and again today, speculators exploited the situation that money was and is very easy to borrow in the US and Japan.

Cancellation of Illegitmate Debts Instead of Bailout Umbrellas for Financiers (tags)

The inflation of public indebtedness was an essential element for the enhanced power of financial capital. That inflation was a result of a conscious under-financing of the state and is a lever to enforce an austerity policy. Financialization intensified the pressure to precariousness.

Occupy Fights Foreclosure Protests $10 billion Settlement (tags)

Occupy Fights Foreclosure openly denounces the $10 billion settlement

Rose Parade Completed by Occupy Fights Foreclosure Float (tags)

Occupy Fights Foreclosure group started the year 2013 by marching and chanting at the annual Rose Parade in Pasadena.

Hernandez Family Foreclosure Sparks Anti-Eviction Outrage (tags)

Fuerza Hernandez evicted today with promises of continuing resistance.

The Banks Should Serve the Real Economy (tags)

Democracy, risk and liability are turned upside down when trillions bailout the banks and workers, unemployed and pensioners must pay the bill! We live from those who say No to trivialization of crisis, to the state being reduced to a trough or errand boy for the banks (Bill Moyers). The economy should be a part of life, not a steamroller crushing creativity.

Group of Six shutdown Wells Fargo (tags)

April 10th was a warm sunny Tuesday and exceptionally busy in downtown riverside. Walking through the main st. mall adjacent to the mission inn with men and woman in suits meeting for business lunches all seemed to be normal. However Refund California Coalition an economic justice organization, paired with group of UCR students and Occupy Riverside organizers, began to setup signs and a microphone with the Gandhi statue overlooking. People in the mall began to turn their heads in curiosity, the conversation had started.

Duplicitous Mortgage Settlement Deal (tags)

class war

Press Release for Monday Occupy Meeting with Wells Fargo Execs (3-5:30pm) (tags)

WHO: Occupy Activists in LA, Wells Fargo Executives, and Community Leaders WHAT: An unprecedented meeting between Bankers and Occupy Protesters WHEN: Monday, February 6, 2012 from 3pm-5pm; Press Conference at 5:30pm WHERE: Center of Nonprofit Management at California Endowment Building 1000 N. Alameda, L.A.

On Protest and the "Occupy"-Movement (tags)

National economies are now subject to the pressures of this supra-national financial "market" and to the institutions helpful to this market like the IMF and the European Central Bank. "Bailout umbrellas" at the expense of the common taxpayer are opened up.

Against All Rules (tags)

The core of all western-individualist ideas of justice is the principle of personal responsibility. Everyone is responsible for the consequences of his/her actions. This motivates as well as disciplines. "We punish the virtuous and reward the squanderers."

The Worthless Value System of the Financial Branch (tags)

The Nobel Prize winner Milton Friedman wrote: "In a free economic system, there is only a single responsibility for the actors. Businesses must be carried out for the greatest possible profitability." To believers in the self-healing market, questions about guilt, humility and pangs of conscience must sound like questions from another world.

Learning from Roosevelt (tags)

Harry Hopkins, head of WPA under Roosevelt, created 4 million jobs in 2 months. How many jobs in health care, education, bridge repair, community centers and journalism could be created today? Solutions are not lacking, only political will. Viva sharing and redistribution!

Debts? Whose Debts? and Keith Olbermann (tags)

Truth is inwardness and must well up in everyone. Life is full of supernova explosions, a universe of possibilities where stars remain invisible until they find their partner star. "We keep the madness going that we call the economy when we do nothing against business as usual."

Occupy Los Angeles Marches for Bank Transfer Day (tags)

Diversified, Angry , Nonviolent. PhotoSet 3 of 3

Occupy Los Angeles Marches for Bank Transfer Day (tags)

Diversified, Angry , Nonviolent. Photo Set 2 of 3

Occupy Los Angeles Marches for Bank Transfer Day (tags)

Diversified, Angry , Nonviolent. PhotoSet 1 of 3

Unify for Occupy Oakland (tags)

To build the 99%, we must find unity across the economic and social strata, or the Occupation movement will be correctly derided as a quasi-elitist middle class project.

When Financial Management Paralyzes Democracy (tags)

The 2010 Attac Bank Tribunal in Berlin was a civil society legal proceeding that decried the speculative business model: take excessive risks and burden taxpayers with the costs. Rating agencies should be public. Banks that are too big to fail are too big to exist and should be broken up

Critique of Marianne Williamson at Occupy LA (tags)

A critique of a small part of Williamson's speech regarding capitalism.

Learning Nothing in 80 Years (tags)

The crisis began in the US where the government became heavily indebted after September 11, 2001 in the war against terror and where property owners, banks and hedge funds long lived openly on credit. The German government was laughed at when it prohibited short-selling in 2010

PRESS RELEASE/UPDATE: Homeowners Fight Back (tags)

FOR IMMEDIATE RELEASE Reclaiming the "American Dream" As the foreclosure and housing crisis continues to take a toll on families across America, homeowners are now sharing their experiences and arming themselves with information and resources to help those who are facing a difficult time in keeping their homes.

An Expansion of Terms Used in the Coffee Party Article by RP (tags)

I apologize for the weak structure in this article. I was hoping to write something that explained some of the material in the story, but ended up going a bit afield with the information. This article attempts to be neutral and nonpartisan, or at least not shrill, and avoids too much analysis. The nature of the Great Recession is difficult to sum up in a few pages, because it's a failure of a complex system with many parts, and many related behaviors, that led to the near-collapse of capitalism.

Weekly Demonstration Against Sleazy Banks (tags)

“We were trying to figure out a way to get The People interested in supporting the financial reform effort. We thought the main reason why people weren't talking about it was because they thought it had nothing to do with them or their daily lives. That's why we chose a focus on the foreclosure crisis--the economic collapse was caused by banks and financial institutions gambling on mortgages via Wall Street. . . ." -- Heather Meyer, organizer


et city leaders, banks, and big developers know that we will not be forced out of our neighborhoods! With massive tax breaks and generous loans granted by big banks and the city administration, big developers are pushing forward in their attempt to remove poor and working families from the vibrant and colorful neighborhoods around Los Angeles. Signs of gentrification are everywhere. Rents are increased to drive families out of their homes, to be replaced with luxury apartments. Big national mega-stores are replacing local mom and papa businesses. As residents are forced out, stable communities are torn apart. Immigrant working families, who have lived and worked here for generations, are being pushed out by a profit-driven campaign of racist gentrification

The Zombies Play On (tags)

"Tim Geithner made clear the US government does not plan any breach with disaster capitalism....No wonder Wall Street cheers. New life is breathed into speculation at state expense with junk securities.."

Banks Get a Bailing Grade (tags)

The average person is incensed over pyramid-king Bernie Madoff, CEO bonuses, lavish executive junkets and the diamond-studded safety nets gifted big business. But public outrage is deficient in the realm I call banking’s black hole of incompetence, a bureaucratic void which seems to suck intelligence, ability and reason from bank employees

Protest sweeps Europe (tags)

France Jan 29, 2009. Public and private workers mount a one-day strike with mass support. Schools, courts and transportation shut down in several cities. This article is from: Freedom Socialist Vol30 No2 April-May 2009.

Bail Out People, Not Banks: Protesters Picket Bank of America Downtown Corporate Building (tags)

LOS ANGELES, April 3, 2009 – Demonstrators staged a protest outside Bank of America’s downtown office building on Friday calling for an end to bank bailouts and foreclosures and evictions.

Resisting Foreclosure and Eviction: June Reyno, Fighting Back to Save Her Home (tags)

June Reyno who has lived in her home for the last 20 years could be facing eviction by San Diego County Sheriffs tomorrow morning. June is a victim of the predatory lending practice of banks. Duped into a refinance deal, which striped all the equity from her house, June is one of millions across the nations who are on the verge of losing their home.

The October Surprise - Global Panic (tags)

It's not over.

Dollar is over, says Carlos Lessa (tags)

To Lessa, "dollar is over" and it’s necessary that a new "Bretton Woods" establishes new parameters to global economy.

Foreclosures Protested (tags)

More than 60 labor and community activists protested at the downtown L.A. Federal Building against foreclosures. Organizers demand a two-year moratorium on the repossession of homes by banks and mortgage companies.

Global Economic Meltdown (tags)

Financial Instability is Leading to an Economic Catastrophe

The Subprime Tsunami Reaches the EU (tags)

Subprime mortgage credits in the US should not have been issued. Nevertheless subprime credits were extended in the volume of $1.3 trillion. An avalanche of expropriation roars in the valley. The banking crisis spills over into the credit system in the real economy.

Why are cops always right? They got guns and badges!! (tags)

Tempe cop Sgt. Chuck Schoville tells us why cops are always right on a Tempe government propaganda TV channel Tempe StreetBeat - “You know why you say I’m right? Because I’ve got a gun and a badge. I’m always right.” Finally the cops admit something most of us know!

Anger with the Establishment: Jean Ziegler (tags)

Free trade is like heavyweight champion Mike Tyson climbing in the boxing ring against a half-starved unemployed from northeast Brazil..Without social justice, the republic is worthless..The world order of globalized pre-datory capitalism seems like cruel absurdity

No Cancer Tumor Goes To Waste! (tags)

cancer as weapon in the ussa...





The Federal Reserve is Privately owned (tags)

The secret to enslaving a nation.

An Interview with a Poet Against the War, Chase Twichell (tags)

Poetry's not window cleaning. It breaks the glass." Chase Twichell

globalisation means war (tags)

The global Swiss banking syndicate that is backing the war effort

International Campaign to free Max Ntanyana I (tags)

Banks, ANC, government, water multinationals are trying to silence anti-eviction, anti-privatisation activist and union shopsteward Max Ntanyana for a very long time. This morning he was denied bail on a bogus excuse!

A Phone call to the Fed... (tags)

How many Americans know about the scam called the FED?? Not enough!

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