An offshoot of the Occupy movement, Strike Debt is helping defaulters retire debt for pennies on the dollar. They’re also helping the 99% understand that the design of our financial system is built to keep masses of workers indentured to creditors. In Strike Debt’s easy-to-understand book, “The Debt Resistor’s Operations Manual,” the entire concept of who owes...
My late father, who left us before the phrase “credit default swap” ever passed the lips of a lower Manhattan swindler, believed that United States Treasury Bonds, or T-Bills, were the safest investment on the planet. “When the Federal Government can’t cover their own bonds, don’t worry about your lost interest. Start stockpiling,” he counseled,...
An Open Letter to Councilmember Hugo Soto-MartinezDear Councilmember Soto-Martinez,
The man you replaced, Mitch O’Farrell, was perceived by many as a cynical politician who placed the desires of wealthy real-estate developers over the concerns of the people he was supposed to represent. Sensitive to any perception of impropriety, you’ve made it a point to not accept…
For more than forty years one of our favorite writers, Detroit-based Peter Werbe, has been publishing provocative essays about capitalism, technology, religion, politics, and popular culture in the anarchist journal The Fifth Estate, where he’s long been an indispensable member of the editorial collective. Some of his best work is now organized in a compulsively readable...
