Thursday, 30 March 2017 / TRUTH-OUT.ORG

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  • Trump Nominates Goldman Sachs "Alligator" Jay Clayton to Run SEC

    Trump Nominates Goldman Sachs "Alligator" Jay Clayton to Run SEC

    By Dave Johnson, Campaign for America's Future | Report

    Jay Clayton was, literally, the "Goldman Sachs bailout lawyer." He represented Goldman and other Wall Street firms during the aftermath of the 2008 financial crisis. Now, despite Donald Trump's campaign promises to "drain the swamp," he would like to add more alligators to it and have Clayton head the Securities and Exchange Commission.

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  • Why Socialist Job Guarantees Are Better Than Universal Basic Income

    Why Socialist Job Guarantees Are Better Than Universal Basic Income

    By Alexander Kolokotronis and Sam Nakayama, Truthout | News Analysis

    Universal Basic Income (UBI) has received a great deal of attention in efforts to resolve workplace displacement, but UBI schemes raise an important question -- who controls the means of production? Self-managed job guarantee programs, on the other hand, empower workers, raise wages and in the long run can free labor from the control of elites and Wall Street.

    Read more...

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