New Orleans Many of us have become cynical about the big money in US election campaigns and all of the schemes used by the superrich, corporations, and special interests to flood the zone with cash. There’s dark money. There’s weird foundation scams like the recent $1.6 billion stock sale donation for the Republicans. …
Category: Financialization
Hiding the Hands Behind Housing Financialization
Marble Falls Financialization of housing was the main target of ACORN Canada’s biggest action in Montreal at its summer convention. The issue in a nutshell is the gobbling up of homes and rentals by private equity and big real estate companies in the process of monopolizing housing markets to drive up prices and …
Inflation Blame Game is Tricky
New Orleans Driving from Houston to New Orleans only days ago, we ran into gas stations that were selling for $3.59 per gallon at the pump. In and around New Orleans, we saw prices between $4.19 and $3.69. That’s a pretty big spread. For a lower income family that could add up to …