person > Yves Smith
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That the United States is centre-right and Obama must needs compromise on slashing the welfare state is a myth.
US government and banks reach a $25bn dollar settlement over fraud during the sub-prime mortgage fiasco.
The latest crackdown on fraud by the Obama administration may itself be a fraud.
The protests on Wall Street are growing larger, despite police using pepper spray and making arrests.
The president's new jobs initiative is too little, too late - and has little chance of congressional approval.
Powerful lobbies and partisan divisions cripple US political system - meaning it's business as usual for the financiers.
While Bernie Madoff languishes in jail, bankers continue to profit as the poor lose their homes and hope.
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Murder of Somali draws ire of foreign African nationals over rising xenophobic violence.
We look at the impact of increased sanctions against the Islamic Republic and ask who it really affects.
Tupamaros enforce rough justice in Venezuela's slums to support socialism, but critics say the group are violent thugs.
More than a decade ago the US launched a war against Afghanistan, but was it a justified battle?
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Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
Extensive coverage of political unrest that spread from Istanbul to other areas.
Revelations over NSA spying are threatening president's European trip.
Some urbanites are returning to their rural roots to farm the land.
Kuwait's 'Bidoon' have been stripped of rights and treated as second-class citizens.
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