Bankster Privilege and the Threat of Right Wing Terrorism in 2011-2012

by Reverend Manny and the Twilight Empire

“We could also electrify this wire with the kind of current that would not kill somebody, but it would be a discouragement for them to be fooling around with it. We do that with livestock all the time.” — Tea Party “Revolutionary” Rep. Steve King […]

Wall Street Blames Main Street for the Foreclosure Crisis — Why they’re wrong. Why they’re guilty.

by Reverend Manny and the Twilight Empire

Through this and that, you may have heard the new bizarro claim from Wall Street. Apparently, Wall Street is not to blame for de-frauding both investors and homeowners. In fact, the homeowners themselves are the evil force behind the foreclosure crisis. It’s sort of like blaming […]

It’s Not About Wall Street…Stupid

I really don’t know if I am tired of every one throwing amount the wrong term “bailout” or the Americas stupidity on how the economy works. While many believe that the bailout is about Wall Street the true fact is this is a “credit market” crisis. Which is a far cry from the […]

Feds Close Washington Mutual

NEW YORK/WASHINGTON (Reuters) – Washington Mutual Inc was closed by the U.S. government in by far the largest failure of a U.S. bank, and its banking assets were sold to JPMorgan Chase & Co for $1.9 billion.

Thursday’s seizure and sale is the latest historic step in U.S. government attempts to clean up […]

Barney Frank Pimping For Big Banks

h/t to McBlogger for a fine post on how Barney Frank has co supported bill that will make sure there isn’t anyone to keep the banks honest. And, take away the safety net that consumers have with mortgage brokers and keeping the market competitive.

Why is Barney Frank pimping for big banks?

This […]