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Nationalization

The Rise of National Oil Companies

Daniel Wagner | Posted 01.15.2013 | Business
Daniel Wagner

With energy demand, predicted to rise 20% through 2025, National Oil Companies are poised to have even an greater impact on the global economy, and in shaping oil producing countries' foreign policies.

What Have Economists Learned About Indigenous Peoples?

Marcelo Giugale | Posted 08.21.2012 | World
Marcelo Giugale

Does attachment to cultural values and traditions that never change help you or hurt you in a market economy that is always changing?

Latin American Leader Moves To Nationalize Oil Company

AP | ALMUDENA CALATRAVA | Posted 04.17.2012 | Business

BUENOS AIRES, Argentina -- In a bold move to gain control of Argentina's energy reserves, President Cristina Fernandez pushed forward a bill to renati...

Why Libertarians Are Wrong on Free Trade

Ian Fletcher | Posted 08.17.2011 | Business
Ian Fletcher

Like it or not, even a capitalist economy is a system in which your actions affect other people. Your freedom to swing your fist ends, famously, at the tip of my nose, and what you buy and don't buy affects other people.

To Nationalize or Bail Out?

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

For two years, politicians have danced around the nationalization issue, but ForeclosureGate may be the last straw. The megabanks are too big to fail...

Brad DeLong: What Would Have Happened If We Didn't Bailout The Bankers?

Project Syndicate | Brad DeLong | Posted 05.25.2011 | Business

It is worth stepping back and asking: What would the world economy look like today if policymakers had acceded to the populist demand of no support to...

UK Banks To Sell Hundreds Of Branches After Bailout From Government

AP | RAPHAEL SATTER | Posted 05.25.2011 | Business

LONDON — The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchan...

Venezuela's Moscow Maneuvers

Diane Francis | Posted 05.25.2011 | World
Diane Francis

All enlightened governments, including Canada's, which just signed an investment agreement, should deem Venezuela a "no-go" zone.

Egyptians Lose Work As Qataris Decree Jobs For Themselves

Journalism Boot Camp | Posted 05.25.2011 | World
Journalism Boot Camp

The Department of the Development of the National Workforce has placed Qataris in 9,230 jobs previously held by expatriates in the public and private sector.

John Campbell, GOP Rep., Compares Obama To South American Dictators

The Hill | Posted 05.25.2011 | Politics

The Obama administration's intervention in the economy mimics South American regimes of the 1980s that nationalized industries, a Republican congressm...

How Much Of Coporate America Does The U.S. Own?

The Atlantic | Conor Clarke | Posted 05.25.2011 | Business

As you've probably heard by now, Obama is sending General Motors to file for Chapter 11 bankruptcy. And, as you've also probably heard, the United Sta...

Ken Lewis, BofA Management Made Millions On Nationalization Rumors

Bloomberg News | David Mildenberg | Posted 05.25.2011 | Business

May 19 (Bloomberg) -- Bank of America Corp.'s directors and top managers, including Chief Executive Officer Kenneth Lewis, made about $6.57 million by...

Fear and Looting in America: The Next Bank Heist

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

The Obama administration wants to avoid nationalizing banks at all costs. Better to subsidize speculators and then let others reap enormous profits again.

This Just In! GM's 2010 Car Line!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

New cars now being prepped for the assembly line include: The SEC Cruiser: An SUV that only operates in rescue mode, and even then only when jump started by another more powerful vehicle.

Confidence Game

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

The same Treasury department that did not hesitate to fire GM's CEO seems determined to keep zombie banks and their zombie managers intact at all cost. And all cost, in this case, could be trillions.

The Most Evil Corporations, Industries and Orgs

Rob Kall | Posted 05.25.2011 | Business
Rob Kall

In these trying economic times, when new ideas and approaches must be developed, maybe it is time we identify and deal with the real enemies of the good, of humanity and the earth.

Ryan Grim

Inside IndyMac's Nationalization: A Case Study

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

When the federal government first took over IndyMac Bank in July, it estimated that it would cost between four and eight billion dollars to seize it, ...

The Change We Need I: A Bank for America

Sanjiv Gupta | Posted 05.25.2011 | Business
Sanjiv Gupta

If there is a positive side to the financial crisis, it is this: We can no longer avoid confronting the limits of our democracy when our lives and communities are thrown into violent disarray.

Arthur Delaney

Poll: Most Americans Support Bank Nationalization

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Politics

A new Newsweek poll features some notable findings on the key economic debates playing out in Washington and in the media right now. For instance, a...

The Obama Revolution

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

The new budget President Obama proposed last week is no less than another American revolution, an economic revolution that changes the very fundamenta...

Citigroup, Gov Reach Deal For Up To 36% Stake

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 perce...

Nationalization: It's Not Scary, It's All Around You

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Before we get scared about the prospect of nationalization, let's remember: nationalization already pervades far more than the banking industry -- it's all around us.

Geithner: Nationalization Is "The Wrong Strategy," "Deeply Offended" By Banks

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner spoke with PBS' Jim Lehrer on Wednesday evening about the Obama administration's economic plans. Among the highli...

Will Geithner's Bungled Bank Plan Fuel Populist Revolt Against Dems?

Art Levine | Posted 05.25.2011 | Politics
Art Levine

"Nationalizing" banks is a dirty word in the American political context, and progressives seeking that goal would be well advised to offer different messaging in selling it to the public.

Nationalizing Banks, AIG, Carmakers: The News And What It Means

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

UPDATE: A new USA Today/Gallup poll finds that a majority of Americans (54%) favor a temporary government "takeover" of major U.S. banks, but a much l...