FinanceTheMarker - Israeli anti-monopoly publication. Americans For Financial Reform There is ... an obvious risk of political capture by the financial elite. In the United States, to a greater degree than in any other advanced democracy, politics is driven almost entirely by money. Wealthy individuals and the organizations they control can mold government policy through political contributions and lobbying, often producing outcomes that are clearly at odds with what the public actually wants. As those at the apex of the income distribution become increasingly detached - living in a kind of bubble that insulates them almost entirely from the realities faced by typical Americans - there is a real risk that they will be unwilling to support investment in the public goods and infrastructure upon which everyone else depends. The soaring fortunes of those at the very top may ultimately represent a threat to democratic governance." Martin Ford: The Rise of the Robots The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates." Matt Taibi Report: Recommendations for Systemic Reform to Create a Safe and Just Financial System (11/25/2020)Private Equity Firms Have Caused Painful Job Losses And More Are Coming (10/30/2019)Is the road to bankruptcy paved by private equity? (11/9/2018)The US is not ready for the next recession. Here's why (1/18/2018)Yellen and Draghi oppose Trump's Financial Deregulation (8/27/2017)Donald Trump Plans to Undo Dodd-Frank Law, Fiduciary Rule (2/3/2017)
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