The Panama Papers – What Happens When Corruption Is Systemic

by Joe Brewer; originally published on The Rules. An historic release of information came out in the Panama Papers showing exactly who, how, and when a vast network of people stole and hoarded money. Our minds easily grok the realities of Vladimir Putin embezzling a billion dollars through offshore accounts or the Prime Minister of Iceland stealing… Read more »

Wall Street is Causing the Water Crises in American Cities

by Carrie Sloan; originally published on Talk Poverty as “The Unexpected Cause of Water Crises in American Cities”. While the water crisis unfolding in Flint is perhaps the most egregious example of austerity in recent memory, it is part of a larger emergency developing nationally. In 2014, Detroit became the first major American city to enact… Read more »

Hedgefund Billionaires Are Trying to Murder Puerto Rico

By Molly Gott. If you’re trying to wrap your head around Puerto Rico’s debt crisis, it isn’t as complicated as Wall Street and Washington are painting it. Just picture a few Vulture Capitalists circling the island. Now imagine the fear they strike in the people they prey upon below, each time going back for more.… Read more »

Hedge Funds Are Squeezing Universities for Billions of Dollars and Driving Millions of Students into Deep Deep Debt

Elizabeth Parisian, Hedge Clippers How is it that a university founded to provide free education to the children of immigrants and later dubbed the “Harvard of the Proletariat” would today be more recognizable in a lineup of institutions known for saddling its students in debt? Two words: Hedge funds. Alyssia Osorio is an undergrad at… Read more »

How Does a Life-Saving Drug That Costs $250 to Make End Up With a $94,500 Price Tag?

The deadly hepatitis C virus can be cured. But it’ll cost you – dearly. Matt Curtis, VOCAL New York It’s the most common viral disease in the world, affecting 3.5 million Americans. It’s the leading cause of serious liver disease, including cirrhosis, cancer, and the need for transplantation. It kills more people nationwide than AIDS. And now… Read more »