MEDIA ROOTS — Dr. Michael Hudson calls it “a financial grab of infrastructure” by banking and financial elites; some call it the new world order; others use less provocative descriptors. This class warfare being waged by the world’s ruling-class against the U.S. working-class has been described as a “financial coup d’état” by Catherine Austin Fitts and others. But make no … Read More
MEDIA ROOTS — Although the corporate media touts an improving economy, U.S. citizens continue to suffer cruel economic punishment and austerity. Millions of citizens still search for employment, and the typical income of a U.S. household is less now than it was in 1997. Why is the economy not improving? Wall Street makes an easy target for the ire of struggling … Read More
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MEDIA ROOTS — The number of deeply impoverished Americans has exploded since Obama took office, according to Panorama, BBC’s weekly investigative news program. In fact, the U.S. is more unequal now than any other time since the Great Depression. Three million are newly unemployed while one-fifth of the wealth is earned by just one percent of the population. Additionally, nearly … Read More
MEDIA ROOTS — Freddie Mac, aka the Federal Home Loan Mortgage Corporation, is one of America’s largest mortgage-insurance companies, chartered in 1970 by the federal government “to provide liquidity, stability and affordability to the U.S. housing market.” However, the mortgage giant recently invested $5 billion in complex securities that pay when mortgage holders are unable to refinance and take advantage … Read More
MEDIA ROOTS — Capitalism Is The Crisis: Radical Politics in the Age of Austerity is a film featuring a diverse array of thinkers offering common sense analysis of the trappings of modern life and critical perspectives on basic assumptions of capitalism and democracy. The film presents original interviews, including Chris Hedges, David Graeber, Derrick Jensen, Michael Hardt, Leo Panitch, David … Read More
