MEDIA ROOTS — With the Occupy Movement rightly putting Wall Street and the ruling-class on blast, the Federal Reserve and the mechanics of our national money supply in relation to our national economic health and body politic, equally deserve scrutiny. Despite the complexities of finance, the money supply, and Congressional budgets, we must consider such questions of political economy, and … Read More
MEDIA ROOTS — When Naomi Klein’s seminal book The Shock Doctrine hit the scene, the U.S. political Left was forced to look beyond simply complaining about conservatives or Washington corruption and was stimulated to pay closer attention to the actions of Wall Street and the world of economics. With the introduction of concepts, such as economic hitmen and disaster capitalism, … Read More
MEDIA ROOTS— Recently, economic journalist Doug Henwood was interviewed on Pacifica Radio’s “Against the Grain” to dispel various myths he and his interviewer tied to the Occupy Wall Street Movement. One of which was about the Federal Reserve being the source of all evil. The Federal Reserve System is the private U.S. central bank which controls our monetary policy. And … Read More
MEDIA ROOTS- In an empirical study using complex systems analysis models, mathematical theorists in Zurich have revealed the architecture of transnational corporations’ (TNCs) interconnectedness. The report bolsters the charges made of late by the Occupy Wall Street Movement touting society’s obscene inequality—1% of the population owns almost half of all U.S. wealth. This study’s findings, an uncanny correlative of the … Read More
MEDIA ROOTS— Rhetoric aside, Obama continues to be the darling of Wall Street. In 2008, President Obama racked up $750 million dollars for his Presidential campaign, and is projected to take in roughly $1 billion dollars for 2012. Although the President appears to commiserate with the Occupy Wall Street movement and its dissatisfaction of Wall Street’s influence over politics, Obama … Read More
