Deregulation

NAFTA 2.0 Enshrines Deregulation for all of North America

NAFTA 2.0 Enshrines Deregulation for all of North America

October 5, 2018

Trump’s re-negotiated NAFTA, now called the USMCA, pushes food safety and other forms of deregulation to new extremes, making it more difficult to undo the damage even after Trump leaves office, says Patrick Woodall of Food and Water Watch

Is There Another Financial Crisis in the Works?

July 26, 2018

In this regulatory environment banks borrow more and make riskier loans and “no one is watching them,” says professor Gerald Epstein

Apple, Market Manipulation and the Cult of Personal Finance – RAI with Rana Foroohar

Reality Asserts Itself - Rana Foroohar

May 9, 2018
On Reality Asserts Itself, Ms. Foroohar says the legalization of stock buybacks in 1982 allowed companies like Apple to now spend only 15% of their investments on R&D, while the majority is spent on market manipulation; the Financial Times columnist and author of “Makers and Takers” says the move from traditional pensions to 401k’s makes everyone feel they benefit from finance, when the vast majority of profits go to the elites and most people’s living standards deteriorate – with host Paul Jay
The Ghosts of 'New Democrats' Are Haunting Us

The Ghosts of ‘New Democrats’ Are Haunting Us

May 1, 2018

Norman Solomon / TruthDig. Twenty-five years ago, the so-called New Democrats were triumphant. Today, their political heirs are eager to prevent the Democratic Party from living up to its name. At stake is whether democracy will have a chance to function. A fundamental battle for democracy is in progress—a conflict over whether to reduce the…

Trump Appoints Yet Another Deregulator – This Time to the FDIC

March 28, 2018

Jelena McWilliams will be the new FDIC director and this will mean a “slaughter” of the remaining banking regulations, which will already be significantly weakened via a new law to be passed soon by Congress, says former financial regulator Bill Black

Senate Expands ‘Lobbyist Bill’ to Deregulate Real Estate

March 15, 2018

New measures added to the financial deregulation bill include the deregulation of commercial real estate, which threatens to re-create the conditions that led to the 2008 financial crisis, says Bill Black

The Free Market Threat to Democracy

February 16, 2018

Democratic institutions are not under stress–they’re under aggressive attack, as unconstrained financial greed overrides democratic decisions, says economist John Weeks

Trump’s Infrastructure Fantasy a Gift to His Donors

February 15, 2018

The Trump plan promotes the mythology of private sector efficiency and creates private sector monopolies. The danger is that this allows monopolies to charge substantially more than what public goods such as water, roads and railways actually cost

Trump’s CFPB Pick Will Likely Spell Bad News for Consumers

November 17, 2017

The good news is that President Trump has been slow to nominate heads for regulatory agencies, says white-collar criminologist Bill Black. The bad news is that Trump will pick someone eventually to replace Richard Cordray