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The Fed Is on High Alert
The Fed Is on High Alert It’s hard to believe the end of the year is upon us and 2020 is right around the corner. In many ways, it went by very quickly. For economies and markets, it was a year marked by uncertainty over economic slowdowns, trade wars and a complete pivot in “dark […]
The Fed Is Panicking
The Fed Is Panicking This week I’ve been in Washington, D.C. for high level meetings focused on the economy. While meeting with senior officials and members of the House and Senate, it became clear that a troubling phenomenon is building. Your correspondent at the Eccles Federal Reserve Board Building in Washington D.C. In the wake […]
New “Dark Money” Documentary Shines Light Into the Shadows Cast by the Super-Rich
Photo: Courtesy of PBS NEW “DARK MONEY” DOCUMENTARY SHINES LIGHT INTO THE SHADOWS CAST BY THE SUPER-RICH IF YOU, LIKE most Americans, believe you’re being screwed by the U.S. political system, and would like to know exactly how the screwing functions, tune into “Dark Money,” a new documentary premiering Monday, October 1 on PBS. The […]
The Global 1% Is Destroying Democracy
The Global 1% Is Destroying Democracy Unraveling a web of dark money “Wherever you live in the world, you’ve been robbed. Not by a hidden bandit, but a global kleptocracy: the super-rich who’ve managed to rob the poor blind in every corner of the globe for the past seven decades.” — Michelle Chen We’re living in a time […]
The Fed Will Not Give up “Dark Money”
The Fed Will Not Give up “Dark Money” When it comes to second quarter U.S. economic growth figures, interpretation is everything. On one hand, the projection of 4.1% second quarter growth is a sign of a surging economy set to grow for years to come. But on the other hand, it is seen as temporary […]
The Status Quo Will Reign
The Status Quo Will Reign This month’s stock market correction is still fresh in everyone’s mind. Many have even begun to wonder if the era of dark money was truly over. How will the recent correction affect the Fed’s dark money policies? The consensus explanation for the correction was that inflation was rising and that would […]
“Dark Money” Runs the World
“Dark Money” Runs the World Few people know financial markets’ biggest secret… For the last 40 years, most people believed the stock market always goes up. Simply buy and hold long enough, the theory went, and you could sit back and watch the money accumulate in your account. No thought or hard work needed. It […]
Beyond Koch: Meet the Other Right-Wing Oligarchs Featured in Jane Mayer’s “Dark Money”
Beyond Koch: Meet the Other Right-Wing Oligarchs Featured in Jane Mayer’s “Dark Money” The shenanigans of the “Kochtopus” have garnered most of the headlines — including here — pertaining to reviews of New Yorker staff writer Jane Mayer’s new book, Dark Money. But the Koch Brothers and Koch Industries’ right-wing family foundation network are far from the only […]
Exclusive: Major Climate Denial Funders Donors Trust and Donors Capital Fund Handled $479 Million Of Dark Money
Exclusive: Major Climate Denial Funders Donors Trust and Donors Capital Fund Handled $479 Million Of Dark Money More than $470 million of cash flowing into a key funding arm of the climate science denial movement in the United States is untraceable, a DeSmog investigation has found. Sister organisations Donors Trust (DT) and Donors Capital Fund (DCF) declared an income of […]
