Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
April 18, 2011
Markets Hub: Stocks Tumble as S&P Cuts U.S. Outlook
Stocks tumbled Monday after Standard & Poor's cut its credit outlook on the U.S. to negative, increasing the likelihood of a potential downgrade from its triple-A rating. Paul Vigna, George Stahl, Kathleen Magigan and Jim McTague discuss