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The Black Financial and Fraud Report
 | Investing in Schools Creates More Than Twice as Many Jobs as Military Spending | |
| Bob Pollin: Education spending is the best job creator - so why are local and state
governments firing teachers and closing schools? | ||
 | Bank Profits Soar, Wages Suffer Sharpest Decline in 60 Years | |
| Bill Black: The economy is recovering - unless you work for a paycheck. | ||
 | Deficit is Dropping but is there a Real Recovery? | |
| Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are
not rising and unemployment remains high, so this does not mean a sustained recovery of the real
economy is underway | ||
 | $6 Billion Money Laundering On-line Business Operated with Impunity | |
| Bill Black: Operation involving drug money carried on for almost a decade
before being charged; much bigger crimes on Wall St. go unpunished | ||
 | Apple Achieves Holy Grail of Tax Avoidance | |
| Bill Black: Senate questions CEO Tim Cook how company earned $30 billion in
'international' profits while paying zero taxes | ||
 | Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market | |
| Bill Black: Weakness of financial regulators shows you can not "tame the scorpion" | ||
 | Obama says Economy Poised for Progress - Is It? | |
| Bill Black: Pres. Obama cannot expect growth in the economy when he continues the policies of austerity | ||
 | The War on Wages and The Road to Bangladesh | |
| Bill Black: In the name of competitiveness, the criminal conditions that led to
the deaths and injuries of thousands of workers in Bangladesh, are being
created around the world in a race to lower wages and working conditions | ||
 | Obama Sends Lew to Europe Preaching Growth While Practicing Austerity at Home | |
| Bill Black: Treasury Secretary Lew tells Europe to ease up on austerity while Obama makes major cuts
at home | ||
 | The Grand Betrayal has Arrived | |
| Bill Black: President Obama's bargain with Republicans opens the door to
Wall St.'s dream - the
privatization of Social Security | ||
 | Investigation Reveals Trillions Hidden in Tax Havens | |
| Bill Black: An international collaboration of investigative journalists has
released the names of wealthy individuals stashing as much as three times
the American GDP in tax havens | ||
 | Gender Wage Gap is Shrinking - Male Wages are Going Down | |
| Bill Black: Male workers wages are going down which makes gap appear
smaller; in higher incomes levels gap is getting wider | ||
 | From London to New York to Cyprus, Fraud and Financial "Insanity" | |
| Bill Black: Standard Chartered admits to fraud, no one fired or prosecuted;
Cypriot people force government to give up on taxing smaller depositors | ||
 | Will a Grand Bargain or Betrayal be Obama's Legacy | |
| Bill Black: Slate magazine says that President Obama wants a Grand
Bargain on budget cuts he can call his legacy - but it will be a Grand Betrayal
that makes the recession worse | ||
 | Austerity and the Death of Logic | |
| Bill Black: Both the GOP and the White House refuse to support a bill that
ends the sequester, it shows the real intention of the Obama administration | ||
 | Sequestration - Fourth Austerity Shoe Drops | |
| Bill Black: Both parties have conspired to bring us a disaster; Obama's
sequestration plan gives cuts without blame | ||
 | Clinton"s Policy of Not Prosecuting Bank Fraud Continues | |
| Bill Black: Clinton admin. thought that prosecuting big bank fraud wasn't worth the governments time and
could destabilize banking system - Obama continues the policy today | ||
 | More Geithner Without Geithner | |
| Bill Black: Jacob Lew confirmation hearing for Secretary of the Treasuery shows he was picked as a signal that the Geithner policies would survive Geithner, and that they're actually the president's policies | ||
 | Ecuador Chooses Stimulus over Austerity | |
| Bill Black: As Ecuador votes for new president, the stimulus policies of current president Correa have kept Ecuador out of recession | ||
 | Judge Rules Against a Bank - Precedent Could Cost Bank of America Billions | |
| Bill Black: Judge rules that Flagstar, a big mortgage lender that gave "liars loans", is liable to insurance company - same issues at stake in Bank of America case | ||
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