Recently, the federal government announced that they had reached a $25 billion dollar settlement with the nation’s biggest banks to repay the victims of the mortgage industry’s greed and corruption. These banks have swindled millions of Americans out of their homes, and until recently, had received little more than a slap on the wrist from…
Tag Archive: Economy
Papantonio: Why The Occupy Movement Is Still Necessary
It’s been six months since protestors began the Occupy Wall Street movement that made headlines across the world, but the actual movement was in the works for almost an entire year before it caught on. Several attempts to create a mass movement had already taken place in Zucotti Park, but never reached the fevered pitch…
Papantonio: John Nichols on Wisconsin’s “Uprising”
One year ago, activists took to the streets in Wisconsin to protest Republican Governor Scott Walker’s plans to strip unions and public employees of virtually every right that they had. And now, just 12 months later, Walker is fighting for his political life, corporations and wealthy conservatives are running scared, and people across the globe…