Bank of America

Stop Corporate Welfare Kings

By Ralph Nader | CounterPunch | April 17, 2015 “Tax day” comes and goes each year, but unfortunately, the systemic issues that plague American taxpayers linger on without resolution well past the mid-April deadline. The U.S. tax code has long been manipulated by corporate lobbyists and their corporate tax attorneys. (President Jimmy Carter once called […]

Banks Say “Thanks for the Bailout,” Now We’ll Park our Profits in Overseas Tax Havens

By Steve Straehley | AllGov | March 16, 2015 Giant financial institutions that benefitted from federal bailouts during the depths of the recession have repaid the American people’s largesse by hiding profits overseas to avoid paying their fair share of taxes. According to a report (pdf) commissioned by Senator Bernie Sanders (I-Vermont), four big banks—Citigroup, […]

ISIS and the USA: Expansion and Resistance by Decapitation

By James Petras :: 09.26.2014 Introduction In order to overcome massive US and world public opposition to new wars in the Middle East, Obama relied on the horrific internet broadcasts of ISIS slaughtering two American hostages, the journalists James Foley and Steve Sotloff, by decapitation. These brutal murders were Obama’s main propaganda tool to set […]

Wall Street wins again: Bank of America settlement with US government is insufficient, critics say

RT | August 22, 2014 While the US government touted its “record” settlement reached this week with Bank of America for mortgage fraud that helped fuel the 2008 recession, the details of the agreement indicate yet another light punishment for an offending Wall Street titan. Bank of America agreed to a $16.65 billion settlement with […]